WallStreetZenWallStreetZen

NASDAQ: MMAT
Meta Materials Inc Stock

$3.93+0.31 (+8.56%)
Updated May 31, 2024
MMAT Price
$3.93
Fair Value Price
N/A
Market Cap
$26.31M
52 Week Low
$1.80
52 Week High
$27.50
P/E
-0.06x
P/B
1.44x
P/S
1.93x
PEG
N/A
Dividend Yield
N/A
Revenue
$9.83M
Earnings
-$387.07M
Gross Margin
66.8%
Operating Margin
-3,966.6%
Profit Margin
-3,939.4%
Debt to Equity
1.53
Operating Cash Flow
-$33M
Beta
1
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

MMAT Overview

Meta Materials Inc. invents, designs, develops, and manufactures various functional materials and nanocomposites. Its products include metaAIR, a laser glare protection eyewear; NANOWEB, a transparent conductive film; holoOPTIX, a holographic optical element; glucoWISE, a non-invasive glucose measurement device; and metaSURFACE, which allows an enhancement in signal to noise ratio of up to 40 times for magnetic resonance imaging scans. The company also develops and produces nano-optic structures and color-shifting foils that are used in authentication and brand protection applications in various markets, including banknotes, secure government documents, and commercial branding, as well as engages in the research, development, and manufacture of smart materials. Its customers are OEM providers in various industries, including aerospace, automotive, consumer electronics, communications, energy, banknote and brand security, and medical devices. The company was formerly known as Torchlight Energy Resources, Inc. and changed its name to Meta Materials Inc. in June 2021. Meta Materials Inc. was incorporated in 2007 and is headquartered in Dartmouth, Canada.

Zen Score

Industry Average (33)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how MMAT scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

MMAT is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
MMAT is good value based on its book value relative to its share price (1.44x), compared to the US Electronic Components industry average (3.98x)
P/B vs Industry Valuation
MMAT is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more MMAT due diligence checks available for Premium users.

Be the first to know about important MMAT news, forecast changes, insider trades & much more!

MMAT News

Valuation

MMAT fair value

Fair Value of MMAT stock based on Discounted Cash Flow (DCF)
Price
$3.93
Fair Value
-$1.35
Undervalued by
390.46%
MMAT is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

MMAT price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.06x
Industry
22.43x
Market
28.44x

MMAT price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.44x
Industry
3.98x
MMAT is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

MMAT's financial health

Profit margin

Revenue
$3.3M
Net Income
-$7.5M
Profit Margin
-229.5%
MMAT's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
MMAT's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$46.4M
Liabilities
$28.0M
Debt to equity
1.53
MMAT's short-term liabilities ($18.58M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
MMAT's short-term assets ($10.72M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
MMAT's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
MMAT's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$5.9M
Investing
$32.1k
Financing
$2.7M
MMAT's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

MMAT vs Electronic Component Stocks

TickerMarket Cap1d %P/EP/B
MMAT$26.31M+8.56%-0.06x1.44x
DAIO$25.72M-1.04%-47.50x1.31x
LGL$27.09M-0.20%253.00x0.70x
CPSH$25.12M0.00%34.60x1.45x
SGMA$29.68M+4.06%27.06x0.43x

Meta Materials Stock FAQ

What is Meta Materials's quote symbol?

(NASDAQ: MMAT) Meta Materials trades on the NASDAQ under the ticker symbol MMAT. Meta Materials stock quotes can also be displayed as NASDAQ: MMAT.

If you're new to stock investing, here's how to buy Meta Materials stock.

What is the 52 week high and low for Meta Materials (NASDAQ: MMAT)?

(NASDAQ: MMAT) Meta Materials's 52-week high was $27.50, and its 52-week low was $1.80. It is currently -85.71% from its 52-week high and 118.33% from its 52-week low.

How much is Meta Materials stock worth today?

(NASDAQ: MMAT) Meta Materials currently has 6,695,536 outstanding shares. With Meta Materials stock trading at $3.93 per share, the total value of Meta Materials stock (market capitalization) is $26.31M.

Meta Materials stock was originally listed at a price of $600.00 in Dec 15, 2010. If you had invested in Meta Materials stock at $600.00, your return over the last 13 years would have been -99.35%, for an annualized return of -32.08% (not including any dividends or dividend reinvestments).

How much is Meta Materials's stock price per share?

(NASDAQ: MMAT) Meta Materials stock price per share is $3.93 today (as of May 31, 2024).

What is Meta Materials's Market Cap?

(NASDAQ: MMAT) Meta Materials's market cap is $26.31M, as of Jun 2, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Meta Materials's market cap is calculated by multiplying MMAT's current stock price of $3.93 by MMAT's total outstanding shares of 6,695,536.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.