NYSE:AQ

Stock Analysis Report

Executive Summary

Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, access, and automotive markets worldwide.

Snowflake

Fundamentals

Flawless balance sheet with limited growth.


Similar Companies

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0.08%

NYSE:AQ

2.0%

US Semiconductor

1.2%

US Market


1 Year Return

2.7%

NYSE:AQ

10.9%

US Semiconductor

1.7%

US Market

AQ underperformed the Semiconductor industry which returned 10.9% over the past year.

AQ outperformed the Market in United States of America which returned 1.7% over the past year.


Share holder returns

AQIndustryMarket
7 Day0.08%2.0%1.2%
30 Day-0.08%10.8%4.9%
90 Day0.5%17.2%3.7%
1 Year2.7%2.7%13.0%10.9%3.9%1.7%
3 Yearn/a83.8%73.0%47.2%37.7%
5 Yearn/a122.5%100.0%60.0%42.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

6.69x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

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

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


Price Based on Value of Assets

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


Next Steps

Future Growth

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

21.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

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

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

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

Unable to compare Aquantia'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 Aquantia'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 Aquantia will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.


Next Steps

Past Performance

How has Aquantia performed over the past 5 years?

-13.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

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

Unable to compare Aquantia'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 Aquantia 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 Aquantia 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 Aquantia 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 Aquantia's financial position?


Financial Position Analysis

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

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


Debt to Equity History and Analysis

Aquantia has no debt.

Aquantia currently has no debt however we can't compare to 5 years ago as we have no data for that period.


Balance Sheet

High level of physical assets or inventory.

Aquantia 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.

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

Aquantia has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 48.5% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

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

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

No need to calculate the sustainability of Aquantia's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Faraj Aalaei (58yo)

10.7yrs

Tenure

US$3,277,600

Compensation

Mr. Faraj Aalaei is the Founding Partner at Candou Ventures. Mr. Faraj Aalaei has been the Chief Executive Officer and President of Aquantia Corporation since March 2, 2009 and has been its Chairman since  ...


CEO Compensation Analysis

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

Faraj's compensation has increased whilst company is loss making.


Management Age and Tenure

1.8yrs

Average Tenure

58yo

Average Age

The average tenure for the Aquantia management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.8yrs

Average Tenure

60yo

Average Age

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


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$3,675,79106 Sep 19
GAMCO Investors, Inc.
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Shares279,200
Max PriceUS$13.20
BuyUS$1,365,20906 Sep 19
Gabelli & Company Investment Advisers, Inc.
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Shares103,800
Max PriceUS$13.16
BuyUS$3,068,99712 Aug 19
GAMCO Investors, Inc.
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Shares233,170
Max PriceUS$13.17
BuyUS$157,78912 Aug 19
Gabelli & Company Investment Advisers, Inc.
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Shares12,000
Max PriceUS$13.15
BuyUS$8,000,25121 Jun 19
Gabelli & Company Investment Advisers, Inc.
EntityCompany
Shares612,300
Max PriceUS$13.07
BuyUS$15,895,00721 Jun 19
GAMCO Investors, Inc.
EntityCompany
Shares1,201,529
Max PriceUS$13.26
SellUS$1,088,98721 Jun 19
Gabelli & Company Investment Advisers, Inc.
EntityCompany
Shares80,600
Max PriceUS$13.51
SellUS$1,732,08721 Jun 19
GAMCO Investors, Inc.
EntityCompany
Shares130,000
Max PriceUS$13.51
BuyUS$28,010,76617 May 19
Magnetar Capital, LLC
EntityCompany
Shares2,163,225
Max PriceUS$12.99

Ownership Breakdown


Management Team

  • Pirooz Parvarandeh (59yo)

    Chief Operating Officer

    • Tenure: 1.7yrs
    • Compensation: US$1.85m
  • Faraj Aalaei (58yo)

    Chairman

    • Tenure: 10.7yrs
    • Compensation: US$3.28m
  • Mark Voll (64yo)

    Chief Financial Officer

    • Tenure: 3.7yrs
    • Compensation: US$981.88k
  • David Quarles (53yo)

    Vice President of Worldwide Sales

    • Tenure: 1yrs
    • Compensation: US$1.09m
  • Linda Reddick (65yo)

    Senior Vice President of Finance

    • Tenure: 10yrs
  • Ramin Farjadrad (48yo)

    Co-Founder & Senior VP of Technology Development

    • Tenure: 1.8yrs
  • Phil Delansay (51yo)

    Senior VP of Business Development & Secretary

    • Tenure: 0yrs
  • Diane Vanasse

    Director of Corporate Communications

    • Tenure: 0yrs
  • Suzan Schanin

    Vice President of Human Resources

    • Tenure: 0.9yrs
  • LK Bhupathi

    Vice President of Marketing

    • Tenure: 0yrs

Board Members

  • Bami Bastani (65yo)

    Director

    • Tenure: 3.3yrs
    • Compensation: US$100.00k
  • Ken Pelowski (60yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: US$112.50k
  • Faraj Aalaei (58yo)

    Chairman

    • Tenure: 10.7yrs
    • Compensation: US$3.28m
  • Geoff Ribar (60yo)

    Director

    • Tenure: 2yrs
    • Compensation: US$102.50k
  • Sam Srinivasan (74yo)

    Director

    • Tenure: 3.8yrs
    • Compensation: US$115.00k
  • George Zimmerman

    Member of Technical Advisory Board

    • Tenure: 6.4yrs
  • Anders Swahn (62yo)

    Director

    • Tenure: 11.1yrs
    • Compensation: US$100.00k
  • Dmitry Akhanov (43yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: US$100.00k
  • Max Straub (54yo)

    Director

    • Tenure: 0.3yrs

Company Information

Aquantia Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Aquantia Corp.
  • Ticker: AQ
  • Exchange: NYSE
  • Founded: 2004
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$474.161m
  • Shares outstanding: 36.09m
  • Website: https://www.aquantia.com

Number of Employees


Location

  • Aquantia Corp.
  • 91 East Tasman Drive
  • Suite 100
  • San Jose
  • California
  • 95134
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AQNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2017

Biography

Aquantia Corp., together with its subsidiaries, designs, develops, and markets advanced high-speed communication integrated circuits for Ethernet connectivity in the data center, enterprise infrastructure, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 01:17
End of Day Share Price2019/09/13 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.