ATOM

Atomera Incorporated

Fundamental data last updated:October 28, 2026

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company profile

SECTOR

Technology

industry

Semiconductors

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

10/29/2026

Business Summary

Atomera Incorporated develops, commercializes, and licenses its unique materials, processes, and technologies for the semiconductor sector across North America and the Asia Pacific region. Central to its offerings is the Mears Silicon Technology (MST), a refined, ultra-thin silicon film designed to enhance the transistor channel of CMOS-type devices. The company serves a diverse range of clients, including foundries, integrated device manufacturers, fabless semiconductor manufacturers, original equipment manufacturers, and electronic design automation companies. Established in 2001, the firm, headquartered in Los Gatos, California, operated as Mears Technologies, Inc. until it adopted the name Atomera Incorporated in January 2016.

 


VALUATION

P/E

-4.50

Market Cap ($M USD)

$115.90M

Forward P/E

-24.78

PEG

0.32

PRICE TO SALES

503.92

PRICE TO BOOK

3.10

EV / EBITDA

-4.65

5-Year Average P/E

Free Cash Flow Yield

-13.05%

DCF Value

$0.56

Graham Number

N/A

Price to FCF

-7.66

EV to FCF

-6.74

Earnings Yield

-19.52%

FCF Yield

-13.05%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

-$0.58

Next Year EPS Growth Estimate

-$0.48

Next Year Revenue Growth Estimate

$300,000.00

Return on Equity (ROE)

-77.91%

FREE CASH FLOW

Operating Margin

-10212.17%

Debt-to-Equity

0.03

Piotroski F-Score

4

Altman Z-Score

12.23

Return on Invested Capital (ROIC)

-61.42%

Current Ratio

17.02

Quick Ratio

17.02

Net Debt to EBITDA

0.64

Interest Coverage

-903.38

Gross Profit margin

-78.70%

FCF PER SHARE

$-0.39

REVENUE PER SHARE

$0.01

Gainseekers Quantitative Analysis

Summary

Atomera Incorporated’s valuation paints a grim picture. The stock has traded significantly above its DCF value, suggesting a market mispricing. With a Forward P/E of -16.82 and a negative Earnings Yield, the company is hemorrhaging value. However, the Altman Z-score of 44.94 indicates a low risk of bankruptcy, providing a glimmer of safety amidst the chaos. The market seems to be pricing in a turnaround that the fundamentals do not currently support.

AI Exposure / Tech Reliance

Operating in the semiconductor industry, Atomera is well-positioned to capitalize on AI and tech advancements. The sector's rapid evolution demands innovation, and Atomera's focus on material technologies could align with these shifts. However, execution will be key to leveraging these opportunities.

The Bull Case

For the optimistic investor, Atomera's low Debt/Equity ratio of 0.11 and high Current Ratio of 19.34 suggest financial resilience. Despite a negative ROIC of -53.04%, the company’s ability to sustain operations without significant debt is a plus. The Piotroski F-Score of 2 is low, but the high Altman Z-score indicates stability. A GARP investor might see potential in its future growth prospects, albeit with caution.

The Bear Case

The bear case is compelling. Atomera's Price/Sales ratio of 3796.18 and Price/Book of 7.31 are alarmingly high, indicating overvaluation. With an Operating Margin of -30533.33% and a Gross Profit Margin of -9.92%, profitability is a distant dream. The stock's proximity to its 52-week high further suggests technical overextension, making it a risky bet for value investors.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

N/A

Institutional Ownership %

1-Year Beta

2.04

Insider Buying % (6 Mo)

Distance to 52-Week High

316.50%

Distance to 52-Week Low

36.36%

EARNINGS SURPRISE %

-30.77%

50-DAY SMA

$4.14

200-DAY SMA

$5.48

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.