NasdaqGS:ACTG

Stock Analysis Report

Executive Summary

Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Risks

  • Acacia Research is not covered by any analysts.

Similar Companies

Share Price & News

How has Acacia Research's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.7%

NasdaqGS:ACTG

-0.5%

US Professional Services

-1.0%

US Market


1 Year Return

-26.7%

NasdaqGS:ACTG

8.4%

US Professional Services

-0.4%

US Market

ACTG underperformed the Professional Services industry which returned 8.4% over the past year.

ACTG underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

ACTGIndustryMarket
7 Day-1.7%-0.5%-1.0%
30 Day2.5%0.4%-3.3%
90 Day-6.2%10.1%0.8%
1 Year-26.7%-26.7%9.4%8.4%1.9%-0.4%
3 Year-53.9%-53.9%49.9%45.0%39.4%30.4%
5 Year-82.4%-83.4%72.6%63.6%54.2%37.1%

Price Volatility Vs. Market

How volatile is Acacia Research's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Acacia Research undervalued based on future cash flows and its price relative to the stock market?

0.8x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Acacia Research to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Acacia Research to establish if it is available at substantial discount.


Price Based on Earnings

Acacia Research is loss making, we can't compare its value to the US Professional Services industry average.

Acacia Research is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Acacia Research, we can't assess if its growth is good value.


Price Based on Value of Assets

Acacia Research is good value based on assets compared to the US Professional Services industry average.


Next Steps

Future Growth

How is Acacia Research expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.0%

Forecasted Professional Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Acacia Research has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Acacia Research performed over the past 5 years?

9.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Acacia Research does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Acacia Research's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Acacia Research's 1-year growth to the US Professional Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Acacia Research has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Acacia Research has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Acacia Research improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Acacia Research's financial position?


Financial Position Analysis

Acacia Research is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Acacia Research's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Acacia Research has no debt.

Acacia Research has not taken on any debt in the past 5 years.


Balance Sheet

Low level of unsold assets.

Acacia Research has no debt, it does not need to be covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Acacia Research has sufficient cash runway for 2.8 years based on current free cash flow.

Acacia Research has sufficient cash runway for 2 years if free cash flow continues to grow at historical rates of 71.8% each year.


Next Steps

Dividend

What is Acacia Research's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Acacia Research's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Acacia Research's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Acacia Research has not reported any payouts.

Unable to verify if Acacia Research's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Acacia Research has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Acacia Research's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Acacia Research has no CEO, or we have no data on them.


Management Age and Tenure

3.6yrs

Average Tenure

53yo

Average Age

The tenure for the Acacia Research management team is about average.


Board Age and Tenure

1.2yrs

Average Tenure

57yo

Average Age

The average tenure for the Acacia Research board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$31,00619 Mar 19
Marc Booth
EntityIndividual
Role
Chief Intellectual Property Officer
Shares10,000
Max PriceUS$3.10
BuyUS$28,98314 Feb 19
Sidus Investment Management, LLC
EntityCompany
Shares9,654
Max PriceUS$3.00
BuyUS$102,76321 Dec 18
Sidus Investment Management, LLC
EntityCompany
Shares35,000
Max PriceUS$2.94
BuyUS$198,03306 Dec 18
Sidus Investment Management, LLC
EntityCompany
Shares65,346
Max PriceUS$3.13
BuyUS$31,32231 Oct 18
Marc Booth
EntityIndividual
Role
Chief Intellectual Property Officer
Shares10,000
Max PriceUS$3.13
SellUS$166,56710 Sep 18
Robert Stewart
EntityIndividual
Shares46,143
Max PriceUS$3.61
BuyUS$34,84607 Sep 18
Marc Booth
EntityIndividual
Role
Chief Intellectual Property Officer
Shares10,000
Max PriceUS$3.48

Ownership Breakdown


Management Team

  • Jennifer Graff

    Secretary

  • Marc Booth (60yo)

    Chief Intellectual Property Officer

    • Tenure: 1.0yrs
    • Compensation: $386.16k
  • Phillip Mitchell

    Senior Vice President - Engineering

    • Tenure: 6.3yrs
  • Eric Lucas

    Senior Vice President - Licensing

    • Tenure: 7.4yrs
  • Irene Byrne

    VP Human Resources

  • Clayton Haynes (49yo)

    Consultant

    • Tenure: 1.0yrs
    • Compensation: $1.27m
  • Ed Treska (53yo)

    Consultant

    • Tenure: 1.6yrs
    • Compensation: $1.66m
  • Holly Hernandez

    Senior Vice President - Licensing

    • Tenure: 3.6yrs
  • Darren Miller

    Senior Vice President of Contracts - Legal

    • Tenure: 3.6yrs
  • Li Yu

    Corporate Controller


Board Members

  • Luis Rinaldini

    Director

    • Tenure: 0.3yrs
  • Cliff Press (65yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: $385.72k
  • Isaac Kohlberg (67yo)

    Director

    • Tenure: 0.3yrs
  • Camran Nezhat

    Member of Scientific Advisory Board

    • Tenure: 15.9yrs
  • Katharine Wolanyk (56yo)

    Independent Director

    • Tenure: 0.6yrs
  • Al Tobia (54yo)

    Director

    • Tenure: 1.2yrs
    • Compensation: $380.17k
  • Alfred Tobia

    Director

    • Tenure: 1.2yrs
  • Maureen O’Connell (57yo)

    Chairman

    • Compensation: $100.00k

Company Information

Acacia Research Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Acacia Research Corporation
  • Ticker: ACTG
  • Exchange: NasdaqGS
  • Founded: 1992
  • Industry: research and consulting services
  • Sector: commercial services
  • Market Cap: US$143.380m
  • Shares outstanding: 50.13m
  • Website: Click here

Number of Employees


Location

  • Acacia Research Corporation
  • 120 Newport Center Drive
  • Suite 100
  • Newport Beach
  • California
  • 92660
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACTGNasdaqGS (Nasdaq Global Select)YesAcacia Technologies Common StockUSUSDDec 2002
AZG2DB (Deutsche Boerse AG)YesAcacia Technologies Common StockDEEURDec 2002

Biography

Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. It a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 23:51
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.