Acorn Energy, Inc. (ACFN) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-51.0%

$8.35

vs $17.02 price

Levered DCF

$9.35

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

-2.76

Distress zone

Rating

A-

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	14.95×	7.07×	127.14×	-21.54×	-960×	432.12×	-23.68×	-3.71×
P/B	4.57×	8.03×	-18.05×	-13.66×	-53.31×	-28.07×	-20.33×	-5.55×
P/S	3.28×	4.05×	1.88×	1.98×	3.69×	2.48×	2.39×	1.46×
EV / EBITDA	16.29×	19.83×	46.03×	-33.37×	128.94×	53.02×	-19.62×	-5.18×
Gross margin	76.8%	72.8%	74.5%	72.4%	72.3%	69.8%	65.4%	61.4%
Operating margin	17.3%	17.6%	0.9%	-8.3%	-0.1%	-5.2%	-12.7%	-27.0%
Net margin	21.9%	57.3%	1.5%	-9.0%	-0.3%	1.2%	-10.2%	-39.3%
Current ratio	1.83×	1.26×	0.88×	0.68×	0.99×	0.98×	0.95×	0.83×
Debt / equity	0.13×	0.02×	-0.26×	-0.33×	-0.94×	-1.32×	-1.13×	-0.21×
Interest coverage	0×	1,937×	0×	-289×	-1.6×	-8.86×	-29.13×	-12.18×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	30.4%	113.6%	-14.2%	62.2%	4.5%	-13.2%	86.7%	149.6%
Return on invested capital	20.5%	30.2%	7.2%	-37.8%	-0.4%	-19.9%	-35.6%	-339.3%
Return on assets	18.8%	59.4%	2.2%	-10.6%	-0.3%	1.3%	-11.2%	-51.1%
Free cash flow yield	5.5%	1.9%	-0.0%	-1.9%	-0.8%	2.5%	-10.6%	-32.6%
Earnings yield	6.7%	14.1%	0.8%	-4.6%	-0.1%	0.5%	-4.3%	-26.9%
Enterprise value	$34.3M	$42.3M	$13.9M	$12.8M	$23.7M	$13.3M	$12.6M	$6.7M
Net debt / EBITDA	-1.62×	-1.05×	-4.07×	2.91×	-6.95×	-5.47×	0.8×	0.53×
Cash conversion cycle (days)	161	82	144	134	78	39	82	51