Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada, Asia, France, and the Netherlands.
+ 2 more risks
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Aurora Solar Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AACT.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: AACT.F exceeded the US Electronic industry which returned 10.4% over the past year.
Return vs Market: AACT.F exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Aurora Solar Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Aurora Solar Technologies 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: Insufficient data to calculate AACT.F's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate AACT.F's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: AACT.F is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: AACT.F 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 AACT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: AACT.F is overvalued based on its PB Ratio (7.4x) compared to the US Electronic industry average (1.9x).
How is Aurora Solar Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Aurora Solar Technologies 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.
- Examine Aurora Solar Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Aurora Solar Technologies's filings and announcements here.
- Explore growth companies in the Tech industry.
How has Aurora Solar Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AACT.F is currently unprofitable.
Growing Profit Margin: AACT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: AACT.F is unprofitable, but has reduced losses over the past 5 years at a rate of 3.3% per year.
Accelerating Growth: Unable to compare AACT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AACT.F is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (14.6%).
Return on Equity
High ROE: AACT.F has a negative Return on Equity (-71.34%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Aurora Solar Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: AACT.F's short term assets (CA$1.5M) exceed its short term liabilities (CA$411.5K).
Long Term Liabilities: AACT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AACT.F is debt free.
Reducing Debt: AACT.F has not had any debt for past 5 years.
Inventory Level: AACT.F has a low level of unsold assets or inventory.
Debt Coverage by Assets: AACT.F's debt is not covered by short term assets (assets are -147.3x 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.
Stable Cash Runway: AACT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AACT.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 3.4% each year.
What is Aurora Solar Technologies's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate AACT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate AACT.F's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AACT.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AACT.F'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 AACT.F'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 board tenure
Gordon Deans (60yo)
Mr. Gordon Deans, MEng, PEng, has been Chief Executive Officer and President of Aurora Solar Technologies Inc. since November 15, 2018 and has been its Director since December 21, 2018. He is the Founder o ...
CEO Compensation Analysis
Compensation vs Market: Gordon's total compensation ($USD148.66K) is below average for companies of similar size in the US market ($USD521.92K).
Compensation vs Earnings: Gordon's compensation has increased whilst the company is unprofitable.
|Scientific Advisor & Member of Advisory Committee||0yrs||no data||no data|
|Product & Technology Advisor and Member of Advisory Committee||0yrs||CA$194.50k||no data|
|Scientific Advisor & Member of Advisory Committee||0yrs||no data||no data|
|Independent Director||3.3yrs||CA$55.00k||0.34% CA$28.3k|
|Independent Director||10.1yrs||CA$10.00k||no data|
Experienced Board: AACT.F's board of directors are considered experienced (3.3 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 substantially diluted in the past year, with total shares outstanding growing by 59.9%.
Aurora Solar Technologies Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Aurora Solar Technologies Inc.
- Ticker: AACT.F
- Exchange: OTCPK
- Founded: 2006
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: CA$11.022m
- Listing Market Cap: CA$8.317m
- Shares outstanding: 88.18m
- Website: https://www.aurorasolartech.com
- Aurora Solar Technologies Inc.
- 930 West 1st Street
- Suite 223
- North Vancouver
- British Columbia
- V7P 3N4
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACU||TSXV (TSX Venture Exchange)||Yes||Common Shares||CA||CAD||Nov 2011|
|A82||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 2011|
|AACT.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Nov 2011|
Aurora Solar Technologies Inc. develops, manufactures, and markets production measurement and control systems for the solar wafer, cell, and panel manufacturing industries in Canada, Asia, France, and the Netherlands. The company offers DM sensors, which are measurement tools for production speeds; Visualize that enable real-time visualization of critical cell fabrication processes; and Insight, which addresses the challenges facing cell manufacturers in characterizing and controlling production variation. It also provides a suite of services, including system configuration and performance planning, such as design and engineering of DM, Visualize, and Inisght configurations to fit production line and performance objectives; system engineering and operations training courses; and post-installation support and optimization services. The company was formerly known as ACT Aurora Control Technologies Corp. and changed its name to Aurora Solar Technologies Inc. in May 2015. The company was incorporated in 2006 and is headquartered in North Vancouver, Canada.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 01:11|
|End of Day Share Price||2020/02/14 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.