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American Superconductor Corporation AMSC R2KAI

Industrials · Specialty Industrial Machinery · United States
https://www.amsc.com

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. It operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand. The company provides transmission planning services, which identify power grid congestion, poor power quality, and other risks; grid interconnection solutions for wind farms and solar power plants, power quality systems, and transmission and distribution cable systems; D-VAR systems used for controlling power flow and voltage in the AC transmission system; actiVAR system, a fast-switching medium-voltage reactive compensation solution; armorVAR system installed for reactive compensation, power factor correction, loss reduction, utility bill savings, and mitigation of common power quality concerns related to power converter-based generation and load devices; and D-VAR volt var optimization (VVO) that serves the distribution power grid market. This segment also offers ship protection systems, which reduce a naval ship's magnetic signature; and Onboard power delivery systems, power generation systems, and propulsion systems; and transformers and rectifiers systems. The Wind segment designs wind turbine systems and licenses these designs to third parties under the Windtec Solutions brand. The company also supplies power electronics and software-based control systems, engineered designs, and support services; and provides customer support services to wind turbine manufacturers. This segment's design portfolio comprises a range of drivetrains and power ratings of 2 megawatts and higher. American Superconductor Corporation was incorporated in 1987 and is headquartered in Ayer, Massachusetts.

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$50.94
+80.25% 1Y

Market & Price

Market Cap
$2.43B
Current Price
$50.94
High / Low (52W)
$66.68 / $25.95
Beta
3.28

Valuation

Stock P/E
16.70
Industry PE
28.38
Forward P/E
34.73
PEG Ratio
0.74
Book Value
$11.28
Price to Book
4.52
P/S
8.12
EV/EBITDA
91.55
Dividend Yield
-

Profitability & Returns

ROCE
2.60%
ROE
35.56%
ROA
2.10%
Profit Margin
44.73%
Op Margin
5.10%
EPS (Latest Qtr)
$2.62
EPS (TTM)
$3.05

Balance Sheet & Liquidity

Debt/Equity
0.72
Quick Ratio
1.52
Current Ratio
2.40
Debt
$4.00M
Total Assets
$739.48M
Current Assets
$331.74M
Working Capital
$193.21M

Ownership

Promoter Holding
3.67%
Chg in Prom Hold
-0.01%
FII / Inst Holding
71.20%
Chg in FII Hold
-0.13%

Financial Snapshot

Enterprise Value
$2.29B
Total Revenue (TTM)
$299.16M
EBITDA
$25.05M
Free Cash Flow
$6.56M
Operating Cash Flow
$23.15M
Shares Outstanding
47.69M
Gross Margin
30.81%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
41.32%
Profit 5Y
160.62%
Revenue (YoY)
29.60%
Earnings (YoY)
221.50%

PROS

  • Strong return on equity of 35.6%.
  • Excellent profit margin of 44.7%.
  • Compounding revenue at 41.3% over 5 years.
  • Profit CAGR of 160.6% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Industrials).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 AMSC American Superconductor Corporation R2KAI 50.94 16.70 $2.43B - 2.60% 35.56% 41.32% 160.62%
2 CAT Caterpillar Inc. SPX 875.87 43.66 $403.42B 0.69% 19.42% 51.33% 4.38% 9.83%
3 GE GE Aerospace SPX 323.76 40.17 $338.27B 0.58% 11.89% 45.43% 16.32% 195.89%
4 GEV GE Vernova Inc. SPXAI 968.32 28.33 $260.21B 0.21% 6.30% 75.71% 8.68% 92.84%
5 RTX RTX Corporation SPX 179.66 33.64 $241.95B 1.54% 9.41% 11.57% 9.72% 9.01%
6 UNP Union Pacific Corporation SPX 262.64 21.60 $155.93B 2.10% 16.19% 40.69% -0.49% 0.66%
7 ETN Eaton Corporation plc SPXAI 400.60 39.20 $155.55B 1.10% 16.23% 20.84% 9.77% 18.41%
8 HON Honeywell International Inc. NDXSPX 237.86 38.00 $150.72B 2.00% 13.57% 24.26% 1.82% -1.62%
9 DE Deere & Company SPX 542.18 30.67 $146.45B 1.20% 12.82% 18.35% -4.50% -11.00%
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Quarterly Results

Figures in USD.

Metric Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue -----8.92M11.05M14.93M-12.61M14.88M14.13M-----------------------66.66M72.36M65.86M74.53M86.41M
Cost of Revenue -----------------------------------48.96M47.87M45.42M51.68M62.81M
Gross Profit -863.00K2.10M5.04M--4.49M272.00K5.02M-3.89M3.62M3.74M1.58M3.76M1.59M9.45M5.04M5.52M3.96M17.45M3.37M3.26M3.57M13.49M2.22M1.97M517.00K-6.28M8.59M9.98M-12.22M--17.69M24.49M20.44M22.85M23.60M
Operating Expenses -----------------------------------16.04M18.84M17.47M19.49M19.95M
Operating Income -1.71M-9.34M-7.15M-4.06M-6.99M-14.69M-7.80M-3.85M-5.81M-5.13M24.73M20.77M-6.24M-4.12M-6.62M-23.13M-3.22M-3.21M-9.26M-23.16M-7.50M-4.30M-4.38M-21.09M-8.87M-8.09M-9.21M--5.33M-2.37M-1.44M--3.29M--1.65M5.64M2.96M3.36M3.65M
EBITDA -----------------------------------3.45M7.12M4.62M5.24M7.09M
Interest Expense ----------------------------------------
Pretax Income -----------------------------------2.41M6.92M4.87M5.43M-474.00K
Tax Provision -----------------------------------1.20M199.00K117.00K-112.37M-5.00M
Net Income -3.36M-10.36M-7.33M-2.77M-6.92M-15.25M-7.28M-4.25M-6.00M-4.74M22.56M17.29M-3.54M-825.00K-6.84M-17.10M-3.42M-3.71M-7.93M-22.68M-5.40M-4.43M-4.32M-19.19M-8.71M-9.88M-9.58M-35.04M-5.40M-2.48M-1.65M-11.11M-2.52M--1.21M6.72M4.75M117.81M4.53M
Diluted EPS -0.25-0.76-0.53-0.20-0.50-0.91-0.38-0.21-0.30-0.231.100.83-0.17-0.10-0.35-1.03-0.16-0.17-0.31-0.95-0.20-0.16-0.16-0.71-0.32-0.35-0.34-1.26-0.19-0.09-0.06-0.37-0.07-0.060.030.170.112.62-
R&D Expense -2.95M2.87M2.98M-2.72M2.95M3.02M-2.84M2.26M2.47M2.47M2.40M2.05M9.56M2.50M2.72M3.03M11.02M3.04M2.67M2.66M10.47M2.68M2.31M2.08M-1.85M1.64M2.20M-2.29M2.65M3.00M-4.30M3.73M3.54M-

Profit & Loss (Annual)

Figures in USD.

Metric Mar 2009Dec 2009Mar 2010Dec 2010Mar 2011Dec 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue ------5.20M3.40M3.70M00900.00K-----105.98M145.64M222.82M299.15M
Cost of Revenue -----------------97.46M110.36M160.96M207.78M
Gross Profit --------11.26M3.09M21.98M10.84M3.79M14.02M9.45M--8.52M35.28M61.85M91.38M
Operating Expenses -----------------40.41M41.74M56.25M75.76M
Operating Income -8.20M-38.66M--177.98M--136.44M-57.74M-41.43M-52.52M-20.12M-27.54M-32.16M34.02M-23.13M-23.16M--31.89M-6.46M5.61M15.62M
EBITDA ------------------26.53M-1.65M12.14M24.07M
Interest Expense ---------------------
Pretax Income ------------------34.83M-10.80M2.37M16.75M
Tax Provision -----------------215.00K309.00K-3.67M-117.06M
Net Income -16.64M-16.64M16.25M16.25M-186.28M-186.28M-136.83M-66.13M-56.26M-48.66M-23.14M-27.37M-32.78M26.76M-17.10M-22.68M--35.04M-11.11M6.03M133.81M
Diluted EPS -0.39-0.36--3.95--2.69-12.46-8.98-5.74-1.76-1.98-1.731.29-1.03-0.95--1.26-0.370.163.05
R&D Expense 19.68M-23.59M-32.52M-27.27M15.32M12.17M11.88M12.30M12.54M11.59M9.87M9.56M-10.47M8.97M7.99M11.43M-

Compounded Sales Growth

5 Years:41.32%
1 Year:29.60%

Compounded Profit Growth

5 Years:160.62%
1 Year:221.50%

Stock Price Performance

1 Year:+80.25%
6 Months:+65.66%
3 Months:+56.35%
1 Month:+6.79%

Balance Sheet (Annual)

Figures in USD.

Metric Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets --400.18M441.21M255.06M216.75M168.51M133.82M135.32M100.24M88.17M119.33M124.11M168.87M-175.56M232.77M310.52M739.48M
Current Assets ---------------106.17M166.47M206.52M331.74M
Cash & Equivalents 67.83M70.67M87.59M123.78M46.28M39.24M43.11M20.49M39.33M26.78M34.08M77.48M24.70M67.81M-23.36M90.52M79.49M140.69M
Inventory ---------------36.99M41.86M71.17M103.75M
Receivables ---------------20.71M20.18M39.81M54.51M
Total Liabilities --119.22M148.35M90.18M91.64M56.25M53.93M51.77M40.02M35.95M38.14M51.89M52.27M-93.76M88.20M113.41M184.03M
Current Liabilities --104.76M145.18M86.32M79.76M47.82M47.23M41.01M32.22M27.32M28.38M40.96M40.74M-84.11M78.81M99.76M138.53M
Long Term Debt -------------090.00K15.00K---
Total Debt ---------------3.08M2.71M3.37M4.00M
Total Equity 208.45M221.86M280.96M292.86M164.88M125.12M112.26M79.89M83.55M60.23M52.23M81.19M72.22M116.59M-81.80M144.57M197.11M555.45M
Shares Outstanding ---------------29.94M37.34M39.89M48.04M

Cash Flows (Annual)

Figures in USD.

Metric Mar 2009Mar 2010Mar 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -2.43M40.68M-22.82M-141.04M-45.27M-13.27M--4.56M-11.21M-24.83M42.71M-16.50M-8.68M--22.48M2.14M28.29M23.15M
Investing Cash Flow -3.49M-40.00M-104.83M63.34M7.35M4.01M-4.87M192.00K15.60M2.17M-36.62M2.47M--1.52M-961.00K-35.21M-77.08M
Financing Cash Flow 12.46M19.00M163.06M57.00K52.80M52.80M52.80M18.20M-1.13M15.28M-299.00K5.78M50.83M-162.00K65.44M8.00K116.08M
Capital Expenditure -6.53M-16.54M-40.86M-10.89M-1.43M-278.00K-737.00K-1.20M-656.00K-2.53M-952.00K-3.63M-1.76M--1.24M-934.00K-2.42M-4.89M
Free Cash Flow -8.96M24.14M-63.68M-151.94M-46.70M-13.54M--5.76M-11.87M-27.36M41.76M-20.13M-10.45M--23.72M1.20M25.87M18.26M
Net Change in Cash ---------------23.84M66.62M-6.91M62.15M
Share Buybacks ---------------0126.00K-

Ratios (Annual)

Figures in %.

Metric Mar 2009Dec 2009Mar 2010Dec 2010Mar 2011Dec 2011Mar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % --------304.3%--1,204.8%-----8.0%24.2%27.8%30.5%
Operating Margin % -------2,623.8%-1,698.3%-1,119.7%---3,060.2%------30.1%-4.4%2.5%5.2%
Net Margin % -------2,631.3%-1,945.0%-1,520.5%---3,041.4%------33.1%-7.6%2.7%44.7%
ROE % -7.5%-5.8%--63.6%--83.0%-52.9%-50.1%-60.9%-27.7%-45.5%-62.8%33.0%-23.7%-19.5%--42.8%-7.7%3.1%24.1%
ROCE % --13.1%--60.1%--80.9%-42.1%-34.3%-60.6%-21.3%-40.5%-52.8%37.4%-27.8%-18.1%--34.9%-4.2%2.7%2.6%

Shareholding Pattern

Insiders
3.67%
Institutions
71.20%
Public Float
73.91%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 8.35% 3.98M $202.88M
2 Vanguard Capital Management LLC 4.28% 2.04M $103.89M
3 Vanguard Portfolio Management LLC 3.59% 1.71M $87.19M
4 BAILLIE GIFFORD & CO 3.03% 1.45M $73.73M
5 State Street Corporation 2.64% 1.26M $64.24M
6 Geode Capital Management, LLC 2.45% 1.17M $59.56M
7 Barrow, Hanley Mewhinney & Strauss, LLC 2.39% 1.14M $58.06M
8 Nuveen, LLC 2.14% 1.02M $52.01M
9 Oberweis Asset Management Inc. 1.78% 849.90K $43.29M
10 AWM Investment Company, Inc. 1.68% 801.60K $40.83M

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