Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, service providers, and value-added resellers and distributors worldwide. More Details
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has Airgain's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AIRG is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: AIRG's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: AIRG underperformed the US Electronic industry which returned 50% over the past year.
Return vs Market: AIRG underperformed the US Market which returned 37.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Airgain's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StShould You Review Recent Insider Transactions At Airgain, Inc. (NASDAQ:AIRG)?
2 months ago | Simply Wall StEstimating The Fair Value Of Airgain, Inc. (NASDAQ:AIRG)
3 months ago | Simply Wall StWhat Is The Ownership Structure Like For Airgain, Inc. (NASDAQ:AIRG)?
Is Airgain undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: AIRG ($17.34) is trading above our estimate of fair value ($2.61)
Significantly Below Fair Value: AIRG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AIRG is unprofitable, so we can't compare its PE Ratio to the US Electronic industry average.
PE vs Market: AIRG 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 AIRG's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AIRG is overvalued based on its PB Ratio (3.6x) compared to the US Electronic industry average (2.8x).
How is Airgain forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AIRG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: AIRG is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: AIRG's is expected to become profitable in the next 3 years.
Revenue vs Market: AIRG's revenue (19.7% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: AIRG's revenue (19.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if AIRG's Return on Equity is forecast to be high in 3 years time
How has Airgain performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AIRG is currently unprofitable.
Growing Profit Margin: AIRG is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AIRG is unprofitable, and losses have increased over the past 5 years at a rate of 23% per year.
Accelerating Growth: Unable to compare AIRG's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AIRG is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (20.1%).
Return on Equity
High ROE: AIRG has a negative Return on Equity (-3.65%), as it is currently unprofitable.
How is Airgain's financial position?
Financial Position Analysis
Short Term Liabilities: AIRG's short term assets ($35.7M) exceed its short term liabilities ($9.5M).
Long Term Liabilities: AIRG's short term assets ($35.7M) exceed its long term liabilities ($9.5M).
Debt to Equity History and Analysis
Debt Level: AIRG is debt free.
Reducing Debt: AIRG has no debt compared to 5 years ago when its debt to equity ratio was 87.4%.
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: Whilst unprofitable AIRG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: AIRG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.2% per year.
What is Airgain current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AIRG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AIRG'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 AIRG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AIRG'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 AIRG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jacob Suen (47 yo)
Mr. Jacob Suen has been President of Airgain, Inc. since January 16, 2019 and has been its Chief Executive Officer and Director since August 8, 2019. Mr. Suen is responsible for the strategic direction of ...
CEO Compensation Analysis
Compensation vs Market: Jacob's total compensation ($USD1.28M) is about average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Jacob's compensation has been consistent with company performance over the past year.
Experienced Management: AIRG's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Experienced Board: AIRG's board of directors are seasoned and experienced ( 10.6 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.7%.
Airgain, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Airgain, Inc.
- Ticker: AIRG
- Exchange: NasdaqCM
- Founded: 1995
- Industry: Electronic Components
- Sector: Tech
- Market Cap: US$182.707m
- Shares outstanding: 10.54m
- Website: https://www.airgain.com
Number of Employees
- Airgain, Inc.
- 3611 Valley Centre Drive
- Suite 150
- San Diego
- United States
Airgain, Inc. designs, develops, and engineers antenna products for original equipment and design manufacturers, chipset vendors, service providers, and value-added resellers and distributors worldwide. Th...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/28 01:53|
|End of Day Share Price||2021/07/27 00:00|
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.