EMCORE Financials

EMKR Stock  USD 3.00  0.04  1.35%   
Based on the measurements of operating efficiency obtained from EMCORE's historical financial statements, EMCORE is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. At this time, EMCORE's Cash is relatively stable compared to the past year. As of 11/25/2024, Non Current Assets Total is likely to grow to about 59.5 M, while Retained Earnings are likely to drop (659.1 M). Key indicators impacting EMCORE's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.380.4
Notably Down
Slightly volatile
Current Ratio2.482.89
Fairly Down
Pretty Stable
Investors should never underestimate EMCORE's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor EMCORE's cash flow, debt, and profitability to make informed and accurate decisions about investing in EMCORE.

Net Income

(83.48 Million)

  
Understanding current and past EMCORE Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of EMCORE's financial statements are interrelated, with each one affecting the others. For example, an increase in EMCORE's assets may result in an increase in income on the income statement.

EMCORE Earnings Geography

EMCORE Stock Summary

EMCORE competes with Pixelworks, Valens, CEVA, QuickLogic, and Navitas Semiconductor. EMCORE Corporation, together with its subsidiaries, provides advanced mixed-signal optics products in the United States, Canada, Asia, Europe, and internationally. EMCORE Corporation was founded in 1984 and is headquartered in Alhambra, California. Emcore Corp operates under Semiconductors classification in the United States and is traded on NASDAQ Exchange. It employs 365 people.
Specialization
Information Technology, Technology Hardware & Equipment
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS2908462037
CUSIP290846203 290846401 290846104
LocationCalifornia; U.S.A
Business Address2015 Chestnut Street,
SectorCommunications Equipment
IndustryInformation Technology
BenchmarkDow Jones Industrial
Websiteemcore.com
Phone626 293 3400
CurrencyUSD - US Dollar

EMCORE Key Financial Ratios

EMCORE Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets126.2M180.8M189.1M143.9M129.5M145.7M
Other Current Liab8.8M8.6M10.5M13.6M12.2M10.0M
Net Debt(9.2M)(57.7M)13.7M8.3M7.5M7.9M
Retained Earnings(623.4M)(597.8M)(622.1M)(697.5M)(627.7M)(659.1M)
Accounts Payable16.5M16.7M10.4M9.7M11.1M18.4M
Cash30.4M71.6M25.6M26.7M30.7M35.0M
Net Receivables26.9M32.2M17.6M24.0M27.6M29.3M
Inventory25.5M32.3M37.0M28.9M33.2M29.4M
Other Current Assets7.3M8.2M5.4M12.8M14.7M15.5M
Total Liab52.1M43.3M70.3M63.6M57.3M62.1M
Total Current Assets90.1M144.3M95.2M92.4M106.2M117.4M
Short Term Debt2.0M2.4M3.0M3.9M4.5M8.1M
Intangible Assets202K167K14.8M12.2M11.0M7.1M
Common Stock744.4M782.3M787.3M825.1M948.9M658.3M
Other Liab2.1M2.8M2.8M4.8M4.3M2.7M
Other Assets242K225K2.4M(366K)(329.4K)(312.9K)
Net Tangible Assets76.4M73.9M137.2M86.1M99.1M103.7M

EMCORE Key Income Statement Accounts

The reason investors look at the income statement is to determine what EMCORE's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense104K466K139K751K863.7K771.9K
Total Revenue110.1M158.4M124.1M97.7M112.4M135.5M
Gross Profit35.6M61.5M29.7M23.4M26.9M31.1M
Operating Income(9.3M)9.2M(22.5M)(48.7M)(56.1M)(58.9M)
Ebit(6.8M)26.2M(40.9M)(27.2M)(31.3M)(32.9M)
Ebitda(1.4M)30.3M(39.1M)(22.4M)(20.2M)(21.2M)
Cost Of Revenue74.5M97.0M94.4M74.3M85.5M104.5M
Income Before Tax(6.9M)26.2M(24.5M)(49.4M)(56.8M)(59.6M)
Net Income(7M)25.6M(24.3M)(76.4M)(87.9M)(83.5M)
Income Tax Expense60K572K(139K)42K37.8K35.9K
Research Development20.3M17.4M18.5M17.9M16.1M18.0M
Tax Provision60K572K(139K)42K48.3K50.7K
Net Interest Income(104K)466K(139K)(751K)(675.9K)(642.1K)

EMCORE Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(1.2M)(6.3M)6.2M(6.0M)(6.9M)(6.5M)
Change In Cash8.6M41.1M(45.5M)1.1M978.3K929.4K
Free Cash Flow(8.4M)5.8M(3.6M)(35.5M)(40.8M)(42.9M)
Depreciation5.5M4.1M4.8M4.8M4.4M7.6M
Other Non Cash Items(342K)(658K)1.2M18.4M16.6M17.4M
Capital Expenditures4.5M5.4M6.6M1.9M1.7M1.6M
Net Income(7M)25.6M(24.3M)(49.4M)(56.8M)(54.0M)
End Period Cash Flow30.5M71.7M26.1M26.7M30.7M37.1M
Investments10.9M(3.8M)(62.7M)9.5M8.5M8.9M
Change To Netincome10.2M6.9M8.5M6.6M7.6M8.0M

EMCORE Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining EMCORE's current stock value. Our valuation model uses many indicators to compare EMCORE value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across EMCORE competition to find correlations between indicators driving EMCORE's intrinsic value. More Info.
EMCORE is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, EMCORE's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value EMCORE by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

EMCORE Systematic Risk

EMCORE's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. EMCORE volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twelve with a total number of output elements of fourty-nine. The Beta measures systematic risk based on how returns on EMCORE correlated with the market. If Beta is less than 0 EMCORE generally moves in the opposite direction as compared to the market. If EMCORE Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one EMCORE is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of EMCORE is generally in the same direction as the market. If Beta > 1 EMCORE moves generally in the same direction as, but more than the movement of the benchmark.

EMCORE Thematic Clasifications

EMCORE is part of Electronic Equipment investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
Electronic EquipmentView
This theme covers USA Equities from Electronic Equipment industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in EMCORE Stock are looking for potential investment opportunities by analyzing not only static indicators but also various EMCORE's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of EMCORE growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.003124)

At this time, EMCORE's Price Earnings To Growth Ratio is relatively stable compared to the past year.

EMCORE November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of EMCORE help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of EMCORE. We use our internally-developed statistical techniques to arrive at the intrinsic value of EMCORE based on widely used predictive technical indicators. In general, we focus on analyzing EMCORE Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build EMCORE's daily price indicators and compare them against related drivers.

Additional Tools for EMCORE Stock Analysis

When running EMCORE's price analysis, check to measure EMCORE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EMCORE is operating at the current time. Most of EMCORE's value examination focuses on studying past and present price action to predict the probability of EMCORE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EMCORE's price. Additionally, you may evaluate how the addition of EMCORE to your portfolios can decrease your overall portfolio volatility.