EMCORE Corporation Logo

EMCORE Corporation

EMKR

(1.5)
Stock Price

1,09 USD

-58.5% ROA

-75.36% ROE

-0.46x PER

Market Cap.

39.357.822,00 USD

43.56% DER

0% Yield

-67.42% NPM

EMCORE Corporation Stock Analysis

EMCORE Corporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

EMCORE Corporation Fundamental Stock Analysis
# Analysis Rating
1 PBV

With a remarkably low PBV ratio (0.2x), the stock offers substantial upside potential at a bargain price.

2 DER

The stock has a minimal amount of debt (37%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Graham Number

The company's Graham number suggests that its stock price is underestimated, implying that it may present a compelling investment opportunity.

4 Buffet Intrinsic Value

The company's stock seems undervalued (1) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

5 ROE

The stock's ROE indicates a negative return (-45.36%) on shareholders' equity, suggesting poor financial performance.

6 ROA

The stock's ROA (-36.78%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

7 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

10 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

EMCORE Corporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

EMCORE Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

EMCORE Corporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

EMCORE Corporation Revenue
Year Revenue Growth
1996 27.800.000
1997 47.800.000 41.84%
1998 43.800.000 -9.13%
1999 58.300.000 24.87%
2000 104.506.000 44.21%
2001 184.614.000 43.39%
2002 87.772.000 -110.33%
2003 113.106.000 22.4%
2004 93.069.000 -21.53%
2005 127.603.000 27.06%
2006 143.533.000 11.1%
2007 169.606.000 15.37%
2008 239.303.000 29.13%
2009 176.356.000 -35.69%
2010 191.278.000 7.8%
2011 200.928.000 4.8%
2012 163.781.000 -22.68%
2013 168.147.000 2.6%
2014 174.778.000 3.79%
2015 81.685.000 -113.97%
2016 91.998.000 11.21%
2017 122.895.000 25.14%
2018 85.617.000 -43.54%
2019 87.265.000 1.89%
2020 110.128.000 20.76%
2021 158.444.000 30.49%
2022 124.126.000 -27.65%
2023 107.076.000 -15.92%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

EMCORE Corporation Research and Development Expenses
Year Research and Development Expenses Growth
1996 0
1997 9.000.000 100%
1998 16.500.000 45.45%
1999 20.700.000 20.29%
2000 32.689.000 36.68%
2001 53.391.000 38.77%
2002 40.970.000 -30.32%
2003 22.181.000 -84.71%
2004 23.555.000 5.83%
2005 17.429.000 -35.15%
2006 19.692.000 11.49%
2007 29.980.000 34.32%
2008 39.483.000 24.07%
2009 27.100.000 -45.69%
2010 29.538.000 8.25%
2011 32.853.000 10.09%
2012 22.338.000 -47.07%
2013 19.972.000 -11.85%
2014 19.097.000 -4.58%
2015 9.119.000 -109.42%
2016 9.921.000 8.08%
2017 12.542.000 20.9%
2018 15.387.000 18.49%
2019 19.443.000 20.86%
2020 20.269.000 4.08%
2021 17.448.000 -16.17%
2022 18.536.000 5.87%
2023 17.872.000 -3.72%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

EMCORE Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
1996 0
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

EMCORE Corporation EBITDA
Year EBITDA Growth
1996 -700.000
1997 2.600.000 126.92%
1998 23.200.000 88.79%
1999 2.200.000 -954.55%
2000 12.351.000 82.19%
2001 -12.785.000 196.61%
2002 -38.549.000 66.83%
2003 -17.314.000 -122.65%
2004 -34.786.000 50.23%
2005 -7.244.000 -380.2%
2006 -105.623.000 93.14%
2007 -46.933.000 -125.05%
2008 -34.571.000 -35.76%
2009 -19.295.000 -79.17%
2010 -19.573.000 1.42%
2011 -17.317.000 -13.03%
2012 -35.401.000 51.08%
2013 -44.277.000 20.05%
2014 -19.659.000 -125.23%
2015 -4.050.000 -385.41%
2016 3.251.000 224.58%
2017 7.759.000 58.1%
2018 -17.809.000 143.57%
2019 -36.309.000 50.95%
2020 -11.800.000 -207.7%
2021 13.243.000 189.1%
2022 -22.357.000 159.23%
2023 65.596.000 134.08%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

EMCORE Corporation Gross Profit
Year Gross Profit Growth
1996 11.100.000
1997 20.900.000 46.89%
1998 24.300.000 13.99%
1999 32.300.000 24.77%
2000 53.768.000 39.93%
2001 70.105.000 23.3%
2002 -642.000 11019.78%
2003 14.517.000 104.42%
2004 7.289.000 -99.16%
2005 20.857.000 65.05%
2006 25.952.000 19.63%
2007 30.368.000 14.54%
2008 29.895.000 -1.58%
2009 -3.774.000 892.13%
2010 50.661.000 107.45%
2011 42.763.000 -18.47%
2012 17.826.000 -139.89%
2013 28.198.000 36.78%
2014 32.674.000 13.7%
2015 28.691.000 -13.88%
2016 30.954.000 7.31%
2017 42.534.000 27.23%
2018 18.487.000 -130.08%
2019 15.089.000 -22.52%
2020 35.582.000 57.59%
2021 61.488.000 42.13%
2022 29.718.000 -106.9%
2023 27.572.000 -7.78%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

EMCORE Corporation Net Profit
Year Net Profit Growth
1996 -3.200.000
1997 -5.600.000 42.86%
1998 -43.500.000 87.13%
1999 -22.700.000 -91.63%
2000 -25.485.000 10.93%
2001 -12.288.000 -107.4%
2002 -129.761.000 90.53%
2003 -38.525.000 -236.82%
2004 -13.426.000 -186.94%
2005 -13.107.000 -2.43%
2006 54.923.000 123.86%
2007 -58.722.000 193.53%
2008 -80.860.000 27.38%
2009 -136.069.000 40.57%
2010 -23.694.000 -474.28%
2011 -34.219.000 30.76%
2012 -39.171.000 12.64%
2013 4.988.000 885.3%
2014 4.852.000 -2.8%
2015 63.100.000 92.31%
2016 8.266.000 -663.37%
2017 8.235.000 -0.38%
2018 -17.453.000 147.18%
2019 -35.984.000 51.5%
2020 -7.000.000 -414.06%
2021 25.643.000 127.3%
2022 -24.333.000 205.38%
2023 -170.536.000 85.73%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

EMCORE Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1996 -1
1997 -2 50%
1998 -10 77.78%
1999 -2 -350%
2000 -3 33.33%
2001 -1 -200%
2002 -14 92.86%
2003 -4 -250%
2004 -1 -300%
2005 -1 0%
2006 4 125%
2007 -5 200%
2008 -5 0%
2009 -7 33.33%
2010 -1 -500%
2011 -2 0%
2012 -2 0%
2013 0 0%
2014 0 0%
2015 2 100%
2016 0 0%
2017 0 0%
2018 -1 0%
2019 -1 100%
2020 0 0%
2021 1 0%
2022 -1 0%
2023 -2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

EMCORE Corporation Free Cashflow
Year Free Cashflow Growth
1996 -9.000.000
1997 -18.500.000 51.35%
1998 -23.700.000 21.94%
1999 -32.300.000 26.63%
2000 -26.147.000 -23.53%
2001 -142.097.000 81.6%
2002 -64.944.000 -118.8%
2003 -21.344.000 -204.27%
2004 -36.511.000 41.54%
2005 -20.644.000 -76.86%
2006 -33.599.000 38.56%
2007 -56.447.000 40.48%
2008 -59.180.000 4.62%
2009 -30.885.000 -91.61%
2010 1.359.000 2372.63%
2011 -14.048.000 109.67%
2012 -27.213.000 48.38%
2013 -29.350.000 7.28%
2014 -2.000.000 -1367.5%
2015 -6.716.000 70.22%
2016 -11.331.000 40.73%
2017 2.101.000 639.31%
2018 -5.113.000 141.09%
2019 -25.941.000 80.29%
2020 -8.408.000 -208.53%
2021 5.795.000 245.09%
2022 -3.609.000 260.57%
2023 -4.120.000 12.4%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

EMCORE Corporation Operating Cashflow
Year Operating Cashflow Growth
1996 -1.900.000
1997 -6.900.000 72.46%
1998 -1.600.000 -331.25%
1999 -15.200.000 89.47%
2000 7.608.000 299.79%
2001 -52.773.000 114.42%
2002 -33.611.000 -57.01%
2003 -18.581.000 -80.89%
2004 -32.338.000 42.54%
2005 -15.287.000 -111.54%
2006 -26.288.000 41.85%
2007 -46.382.000 43.32%
2008 -41.942.000 -10.59%
2009 -29.562.000 -41.88%
2010 3.411.000 966.67%
2011 -6.289.000 154.24%
2012 -15.002.000 58.08%
2013 -22.105.000 32.13%
2014 1.001.000 2308.29%
2015 -3.917.000 125.56%
2016 -5.552.000 29.45%
2017 11.701.000 147.45%
2018 1.470.000 -695.99%
2019 -15.151.000 109.7%
2020 -3.892.000 -289.29%
2021 11.153.000 134.9%
2022 2.956.000 -277.3%
2023 -3.625.000 181.54%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

EMCORE Corporation Capital Expenditure
Year Capital Expenditure Growth
1996 7.100.000
1997 11.600.000 38.79%
1998 22.100.000 47.51%
1999 17.100.000 -29.24%
2000 33.755.000 49.34%
2001 89.324.000 62.21%
2002 31.333.000 -185.08%
2003 2.763.000 -1034.02%
2004 4.173.000 33.79%
2005 5.357.000 22.1%
2006 7.311.000 26.73%
2007 10.065.000 27.36%
2008 17.238.000 41.61%
2009 1.323.000 -1202.95%
2010 2.052.000 35.53%
2011 7.759.000 73.55%
2012 12.211.000 36.46%
2013 7.245.000 -68.54%
2014 3.001.000 -141.42%
2015 2.799.000 -7.22%
2016 5.779.000 51.57%
2017 9.600.000 39.8%
2018 6.583.000 -45.83%
2019 10.790.000 38.99%
2020 4.516.000 -138.93%
2021 5.358.000 15.71%
2022 6.565.000 18.39%
2023 495.000 -1226.26%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

EMCORE Corporation Equity
Year Equity Growth
1996 500.000
1997 21.800.000 97.71%
1998 12.500.000 -74.4%
1999 61.600.000 79.71%
2000 199.322.000 69.1%
2001 197.127.000 -1.11%
2002 81.950.000 -140.55%
2003 44.772.000 -83.04%
2004 85.809.000 47.82%
2005 75.563.000 -13.56%
2006 149.399.000 49.42%
2007 98.157.000 -52.2%
2008 253.722.000 61.31%
2009 126.663.000 -100.31%
2010 113.432.000 -11.66%
2011 98.436.000 -15.23%
2012 69.023.000 -42.61%
2013 101.179.000 31.78%
2014 112.347.000 9.94%
2015 135.442.000 17.05%
2016 107.317.000 -26.21%
2017 120.774.000 11.14%
2018 106.805.000 -13.08%
2019 76.746.000 -39.17%
2020 74.149.000 -3.5%
2021 137.466.000 46.06%
2022 118.828.000 -15.68%
2023 79.236.000 -49.97%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

EMCORE Corporation Assets
Year Assets Growth
1996 20.400.000
1997 39.500.000 48.35%
1998 66.200.000 40.33%
1999 99.600.000 33.53%
2000 243.902.000 59.16%
2001 403.553.000 39.56%
2002 285.943.000 -41.13%
2003 232.439.000 -23.02%
2004 213.243.000 -9%
2005 206.287.000 -3.37%
2006 287.547.000 28.26%
2007 234.736.000 -22.5%
2008 329.278.000 28.71%
2009 184.559.000 -78.41%
2010 177.838.000 -3.78%
2011 170.298.000 -4.43%
2012 169.866.000 -0.25%
2013 173.714.000 2.22%
2014 191.342.000 9.21%
2015 160.907.000 -18.91%
2016 127.211.000 -26.49%
2017 144.084.000 11.71%
2018 135.898.000 -6.02%
2019 109.562.000 -24.04%
2020 126.241.000 13.21%
2021 180.813.000 30.18%
2022 189.082.000 4.37%
2023 142.859.000 -32.36%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

EMCORE Corporation Liabilities
Year Liabilities Growth
1996 19.900.000
1997 17.700.000 -12.43%
1998 53.700.000 67.04%
1999 23.800.000 -125.63%
2000 44.580.000 46.61%
2001 206.426.000 78.4%
2002 203.993.000 -1.19%
2003 187.667.000 -8.7%
2004 127.434.000 -47.27%
2005 130.724.000 2.52%
2006 138.148.000 5.37%
2007 136.579.000 -1.15%
2008 75.556.000 -80.77%
2009 57.896.000 -30.5%
2010 64.406.000 10.11%
2011 71.862.000 10.38%
2012 100.843.000 28.74%
2013 72.535.000 -39.03%
2014 78.995.000 8.18%
2015 25.465.000 -210.21%
2016 19.894.000 -28%
2017 23.310.000 14.65%
2018 29.093.000 19.88%
2019 32.816.000 11.35%
2020 52.092.000 37%
2021 43.347.000 -20.17%
2022 70.254.000 38.3%
2023 63.623.000 -10.42%

EMCORE Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
1.52
Net Income per Share
-1.1
Price to Earning Ratio
-0.46x
Price To Sales Ratio
0.37x
POCF Ratio
-1.12
PFCF Ratio
-1.11
Price to Book Ratio
0.45
EV to Sales
0.45
EV Over EBITDA
-3.33
EV to Operating CashFlow
-1.51
EV to FreeCashFlow
-1.34
Earnings Yield
-2.16
FreeCashFlow Yield
-0.9
Market Cap
0,04 Bil.
Enterprise Value
0,05 Bil.
Graham Number
5.33
Graham NetNet
-0.07

Income Statement Metrics

Net Income per Share
-1.1
Income Quality
0.62
ROE
-0.75
Return On Assets
-0.52
Return On Capital Employed
-0.51
Net Income per EBT
1.27
EBT Per Ebit
1
Ebit per Revenue
-0.53
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0.2
Stock Based Compensation to Revenue
0.06
Gross Profit Margin
0.19
Operating Profit Margin
-0.53
Pretax Profit Margin
-0.53
Net Profit Margin
-0.67

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.46
Free CashFlow per Share
-0.51
Capex to Operating CashFlow
0.12
Capex to Revenue
-0.04
Capex to Depreciation
-0.48
Return on Invested Capital
-0.46
Return on Tangible Assets
-0.59
Days Sales Outstanding
83.16
Days Payables Outstanding
40.13
Days of Inventory on Hand
119.79
Receivables Turnover
4.39
Payables Turnover
9.1
Inventory Turnover
3.05
Capex per Share
-0.06

Balance Sheet

Cash per Share
0,38
Book Value per Share
1,14
Tangible Book Value per Share
0.97
Shareholders Equity per Share
1.14
Interest Debt per Share
0.5
Debt to Equity
0.44
Debt to Assets
0.24
Net Debt to EBITDA
-0.58
Current Ratio
3.16
Tangible Asset Value
0,07 Bil.
Net Current Asset Value
0,03 Bil.
Invested Capital
0.44
Working Capital
0,06 Bil.
Intangibles to Total Assets
0.09
Average Receivables
0,02 Bil.
Average Payables
0,01 Bil.
Average Inventory
32369000
Debt to Market Cap
0.88

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

EMCORE Corporation Dividends
Year Dividends Growth
2016 3

EMCORE Corporation Profile

About EMCORE Corporation

EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. It operates in two segments, Aerospace and Defense, and Broadband. The company offers navigation system and inertial sensing products, such as fiber optic gyros products that includes gyroscopes, inertial measurement units (IMU), and inertial navigation systems (INS), as well as QMEMS gyroscopes, accelerometers, IMUs, and INS products primarily for the aerospace and defense markets; and defense optoelectronics comprising optiva platform fiber optic transport systems and erbium doped fiber amplifiers, as well as ruggedized microwave flange-mount transmitters, receivers, and optical delay line products. It also provides cable TV (CATV) lasers and transmitters that are used in forward-and return-path broadband, subassembly components, analog fiber-optic transmitters, quadrature amplitude modulation transmitters, and CATV fiber amplifiers. In addition, the company offers high-power gain chips products, photodiode products, and GPON fiber-to-the-premises (FTTP) and data center chip products for the telecommunication markets; and lasers, receivers, and photodetector components for wireless, distributed sensing, and light detecting and ranging applications. It serves CATV, optical sensing, telecom, data center, and navigation and defense optoelectronics markets. The company sells its products through direct sales force, application engineers, third party sales representatives, and distributors. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California.

CEO
Mr. Jeffrey S. Rittichier
Employee
350
Address
2015 West Chestnut Street
Alhambra, 91803

EMCORE Corporation Executives & BODs

EMCORE Corporation Executives & BODs
# Name Age
1 Mr. Jeffrey S. Rittichier
Chief Executive Officer, President & Director
70
2 Mr. Ryan Hochgesang
Vice President, General Counsel & Secretary
70
3 Mr. Mark A. Gordon
Director of Accounting
70
4 Mr. Thomas P. Minichiello
Chief Financial Officer
70

EMCORE Corporation Competitors