NasdaqCM:ATOM

Stock Analysis Report

Executive Summary

Atomera Incorporated engages in developing, commercializing, and licensing proprietary materials, processes, and technologies for the semiconductor industry primarily in Europe and the Asia Pacific.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.

Risks

  • Atomera has significant price volatility in the past 3 months.
  • Atomera is covered by less than 3 analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

ATOM

-2.5%

US Semiconductor

-0.6%

US Market


1 Year Return

-27.5%

ATOM

7.5%

US Semiconductor

0.6%

US Market

ATOM underperformed the Semiconductor industry which returned 7.5% over the past year.

ATOM underperformed the Market in United States of America which returned 0.6% over the past year.


Share holder returns

ATOMIndustryMarket
7 Day0%-2.5%-0.6%
30 Day-15.9%3.2%2.2%
90 Day-27.5%10.1%1.1%
1 Year-27.5%-27.5%9.6%7.5%2.9%0.6%
3 Year-55.7%-55.7%79.9%69.3%44.6%35.2%
5 Yearn/a119.3%97.0%61.9%44.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

3.39x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Atomera is loss making, we can't compare its value to the US Semiconductor industry average.

Atomera 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 Atomera, we can't assess if its growth is good value.


Price Based on Value of Assets

Atomera is overvalued based on assets compared to the US Semiconductor industry average.


Next Steps

Future Growth

How is Atomera expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Atomera's revenue is expected to grow significantly at over 20% yearly.

Atomera is not considered high growth as it is expected to be loss making for the next 1-3 years.

Atomera's revenue growth is expected to exceed the United States of America market average.

Unable to compare Atomera's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Atomera's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Atomera will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Atomera performed over the past 5 years?

-14.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Atomera does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

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

Unable to compare Atomera's 1-year growth to the US Semiconductor industry average as it is not currently profitable.


Return on Equity

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


Return on Capital Employed

It is difficult to establish if Atomera 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 Atomera's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Atomera's level of debt (0%) compared to net worth is satisfactory (less than 40%).

Atomera had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 7.0158876435028E+17x debt.


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.

Atomera has sufficient cash runway for 1.8 years based on current free cash flow.

Atomera has sufficient cash runway for 1.7 years if free cash flow continues to grow at historical rates of 18.5% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Atomera 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 Atomera's salary, the management and board of directors tenure and is there insider trading?

3.9yrs

Average management tenure


CEO

Scott Bibaud (56yo)

3.9yrs

Tenure

US$1,294,346

Compensation

Mr. Scott A. Bibaud has been the Chief Executive Officer, President and Director at Atomera Incorporated (formerly MEARS Technologies, Inc.) since October 2015. Mr. Bibaud has been active in the semiconduc ...


CEO Compensation Analysis

Scott's remuneration is higher than average for companies of similar size in United States of America.

Scott's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.9yrs

Average Tenure

57yo

Average Age

The tenure for the Atomera management team is about average.


Board Age and Tenure

8.3yrs

Average Tenure

67yo

Average Age

The tenure for the Atomera board of directors is about average.


Insider Trading

Atomera individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$6,75105 Sep 19
Francis Laurencio
EntityIndividual
Role
Chief Financial Officer
Chief Financial & Accounting Officer
Shares1,740
Max PriceUS$3.88
SellUS$2,30105 Sep 19
Erwin Trautmann
EntityIndividual
Role
Member of the Board of Directors
Executive VP of Strategic Business Development & Director
Shares593
Max PriceUS$3.88
SellUS$14,50005 Sep 19
Scott Bibaud
EntityIndividual
Role
Chief Executive Officer
President
Shares3,737
Max PriceUS$3.88
SellUS$5,51705 Sep 19
Robert Mears
EntityIndividual
Role
Top Key Executive
Founder & Chief Technology Officer
Shares1,422
Max PriceUS$3.88
SellUS$5,87806 Jun 19
Francis Laurencio
EntityIndividual
Role
Chief Financial Officer
Chief Financial & Accounting Officer
Shares1,356
Max PriceUS$4.50
SellUS$2,31806 Jun 19
Erwin Trautmann
EntityIndividual
Role
Member of the Board of Directors
Executive VP of Strategic Business Development & Director
Shares515
Max PriceUS$4.50
SellUS$5,59806 Jun 19
Robert Mears
EntityIndividual
Role
Top Key Executive
Founder & Chief Technology Officer
Shares1,298
Max PriceUS$4.49
SellUS$15,02806 Jun 19
Scott Bibaud
EntityIndividual
Role
Chief Executive Officer
President
Shares3,470
Max PriceUS$4.50
SellUS$2,44805 Mar 19
Erwin Trautmann
EntityIndividual
Role
Member of the Board of Directors
Executive VP of Strategic Business Development & Director
Shares658
Max PriceUS$3.72
SellUS$3,50805 Mar 19
Robert Mears
EntityIndividual
Role
Top Key Executive
Founder & Chief Technology Officer
Shares943
Max PriceUS$3.72
SellUS$2,64505 Mar 19
Francis Laurencio
EntityIndividual
Role
Chief Financial Officer
Chief Financial & Accounting Officer
Shares711
Max PriceUS$3.72
SellUS$7,14605 Mar 19
Scott Bibaud
EntityIndividual
Role
Chief Executive Officer
President
Shares1,921
Max PriceUS$3.72
SellUS$2,01605 Dec 18
Erwin Trautmann
EntityIndividual
Role
Member of the Board of Directors
Executive VP of Strategic Business Development & Director
Shares581
Max PriceUS$3.47
SellUS$2,82805 Dec 18
Robert Mears
EntityIndividual
Role
Top Key Executive
Founder & Chief Technology Officer
Shares815
Max PriceUS$3.47
SellUS$2,56805 Dec 18
Francis Laurencio
EntityIndividual
Role
Chief Financial Officer
Chief Financial & Accounting Officer
Shares740
Max PriceUS$3.47
SellUS$6,77705 Dec 18
Scott Bibaud
EntityIndividual
Role
Chief Executive Officer
President
Shares1,953
Max PriceUS$3.47

Ownership Breakdown


Management Team

  • Frank Laurencio (50yo)

    Chief Financial & Accounting Officer

    • Tenure: 3.6yrs
    • Compensation: US$494.33k
  • Erwin Trautmann (71yo)

    Executive VP of Strategic Business Development & Director

    • Tenure: 8yrs
    • Compensation: US$1.32m
  • Robert Mears (58yo)

    Founder & Chief Technology Officer

    • Tenure: 18.7yrs
    • Compensation: US$588.38k
  • Scott Bibaud (56yo)

    President

    • Tenure: 3.9yrs
    • Compensation: US$1.29m

Board Members

  • Steve Shevick (63yo)

    Independent Director

    • Tenure: 3.1yrs
    • Compensation: US$111.25k
  • Erwin Trautmann (71yo)

    Executive VP of Strategic Business Development & Director

    • Tenure: 8yrs
    • Compensation: US$1.32m
  • Scott Bibaud (56yo)

    President

    • Tenure: 3.9yrs
    • Compensation: US$1.29m
  • John D. Gerber (57yo)

    Chairman of the Board

    • Tenure: 8.7yrs
    • Compensation: US$148.75k
  • Rolf Stadheim (79yo)

    Independent Director

    • Tenure: 9.3yrs
    • Compensation: US$113.12k
  • C. Cleavelin (76yo)

    Independent Director

    • Tenure: 9.8yrs
    • Compensation: US$122.50k

Company Information

Atomera Incorporated's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atomera Incorporated
  • Ticker: ATOM
  • Exchange: NasdaqCM
  • Founded: 2001
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: US$62.491m
  • Shares outstanding: 17.07m
  • Website: https://www.atomera.com

Number of Employees


Location

  • Atomera Incorporated
  • 750 University Avenue
  • Suite 280
  • Los Gatos
  • California
  • 95032
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATOMNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDAug 2016

Biography

Atomera Incorporated engages in developing, commercializing, and licensing proprietary materials, processes, and technologies for the semiconductor industry primarily in Europe and the Asia Pacific. The co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/22 00:30
End of Day Share Price2019/09/20 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.