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CRKN

Crown ElectroKineticsNasdaqCM:CRKN Stock Report

Market Cap

US$59.5m

7D

-4.0%

1Y

-13.8%

Updated

15 Oct, 2021

Data

Company Financials +
CRKN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

CRKN Overview

Crown Electrokinetics Corp. focuses on commercializing electrokinetic technology for use in the smart glass market.

Crown ElectroKinetics Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Crown ElectroKinetics
Historical stock prices
Current Share PriceUS$3.88
52 Week HighUS$2.58
52 Week LowUS$27.00
Beta0
1 Month Change28.48%
3 Month Change4.87%
1 Year Change-13.78%
3 Year Changen/a
5 Year Changen/a
Change since IPO-52.10%

Recent News & Updates

Jun 21

Crown ElectroKinetics EPS misses by $3.43

Crown ElectroKinetics (CRKN): FY GAAP EPS of -$4.60 misses by $3.43.As of March 31, 2021, cash and cash equivalents were $15.3 million.Press Release

Jun 14

Crown ElectroKinetics (CRKN ) Investor Presentation - Slideshow

The following slide deck was published by Crown ElectroKinetics Corp. in conjunction with this event.

Shareholder Returns

CRKNUS ChemicalsUS Market
7D-4.0%3.4%2.0%
1Y-13.8%27.1%27.6%

Return vs Industry: CRKN underperformed the US Chemicals industry which returned 27.4% over the past year.

Return vs Market: CRKN underperformed the US Market which returned 26.8% over the past year.

Price Volatility

Is CRKN's price volatile compared to industry and market?
CRKN volatility
CRKN Beta0
Industry Beta1.14
Market Beta1

Stable Share Price: CRKN is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: CRKN's weekly volatility has decreased from 30% to 10% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
20157Doug Croxallhttps://www.crownek.com

Crown Electrokinetics Corp. focuses on commercializing electrokinetic technology for use in the smart glass market. The company offers electrokinetic film technology for smart or dynamic glass. It develops and sells optical switching films.

Crown ElectroKinetics Fundamentals Summary

How do Crown ElectroKinetics's earnings and revenue compare to its market cap?
CRKN fundamental statistics
Market CapUS$59.55m
Earnings (TTM)-US$35.69m
Revenue (TTM)n/a

0x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CRKN income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
ExpensesUS$35.69m
Earnings-US$35.69m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.37
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio3.2%

How did CRKN perform over the long term?

See historical performance and comparison

Valuation

Is Crown ElectroKinetics undervalued compared to its fair value and its price relative to the market?

4.24x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate CRKN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate CRKN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: CRKN is unprofitable, so we can't compare its PE Ratio to the US Chemicals industry average.

PE vs Market: CRKN is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CRKN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CRKN is overvalued based on its PB Ratio (4.2x) compared to the US Chemicals industry average (2.8x).


Future Growth

How is Crown ElectroKinetics forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

110.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CRKN is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: CRKN is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: CRKN's is expected to become profitable in the next 3 years.

Revenue vs Market: CRKN's revenue (99% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: CRKN's revenue (99% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if CRKN's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Crown ElectroKinetics performed over the past 5 years?

-75.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CRKN is currently unprofitable.

Growing Profit Margin: CRKN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: CRKN is unprofitable, and losses have increased over the past 5 years at a rate of 75.5% per year.

Accelerating Growth: Unable to compare CRKN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: CRKN is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (30.9%).


Return on Equity

High ROE: CRKN has a negative Return on Equity (-259.08%), as it is currently unprofitable.


Financial Health

How is Crown ElectroKinetics's financial position?


Financial Position Analysis

Short Term Liabilities: CRKN's short term assets ($12.7M) exceed its short term liabilities ($864.0K).

Long Term Liabilities: CRKN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: CRKN's debt to equity ratio (3.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if CRKN's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: CRKN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: CRKN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 75.9% each year


Dividend

What is Crown ElectroKinetics's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate CRKN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CRKN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if CRKN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CRKN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CRKN's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Doug Croxall (52 yo)

no data

Tenure

US$12,895,390

Compensation

Mr. Douglas B. Croxall, also known as Doug, is Chairman of the Board and Chief Executive Officer at Crown ElectroKinetics Corp. He serves as Director at Crown ElectroKinetics Corp. since 2015. Prior to co-...


CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD12.90M) is above average for companies of similar size in the US market ($USD542.66K).

Compensation vs Earnings: Doug's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: CRKN's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: CRKN's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 57.5%.


Top Shareholders

Company Information

Crown ElectroKinetics Corp.'s employee growth, exchange listings and data sources


Key Information

  • Name: Crown ElectroKinetics Corp.
  • Ticker: CRKN
  • Exchange: NasdaqCM
  • Founded: 2015
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: US$59.548m
  • Shares outstanding: 15.04m
  • Website: https://www.crownek.com

Number of Employees


Location

  • Crown ElectroKinetics Corp.
  • 1110 NE Circle Boulevard
  • Corvallis
  • Oregon
  • 97330
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 23:34
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.