Acacia Research Corporation (the “Company,” “Acacia,” “we,” “us,” or “our”) is a disciplined value-oriented acquirer and operator of businesses across public and private markets and industries including but not limited to the industrial, energy and technology sectors. We acquire businesses with a view towards strong free cash flow generation and with an ability to scale where we can tap into our deep industry relationships, significant capital base, and transaction expertise to materially improve performance. We are focused on sourcing, execution, and improvement. We find unique situations, bring a flexible and creative approach to transacting, combining relationships and expertise to drive continual improvement in operating performance. We approach transactions as business owners and operators, rather than purely as financial investors. We believe this differentiates us in creating long-term value for shareholders and partners.
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 285M | 285M | 122M | 125M | - | 88M |
| Net Income | 22M | 22M | -36M | 55M | -133M | 119M |
| EPS | $0.22 | $0.22 | $-0.36 | $0.58 | $-3.13 | $1.91 |
| Free Cash Flow | 73M | 73M | -99M | -23M | -38M | 13M |
| ROIC | 3.4% | 3.8% | -7.0% | 9.7% | -51.5% | 28.3% |
| Gross Margin | 29.6% | 29.6% | 24.2% | 57.8% | - | 59.0% |
| Debt/Equity | 0.28 | 0.28 | 0.14 | 0.02 | 0.47 | 0.86 |
| Dividends/Share | $0.00 | - | $0.00 | $0.01 | $0.03 | $0.02 |
| Operating Income | 6.4M | 6.4M | -33M | 21M | -40M | 15M |
| Operating Margin | 2.2% | 2.2% | -26.9% | 16.7% | - | 16.5% |
| ROE | 4.0% | 4.1% | -7.0% | 9.7% | -51.5% | 28.3% |
| Shares Outstanding | 99M | 99M | 100M | 95M | 100M | 62M |
ACACIA RESEARCH CORP passes 1 of 9 quality checks, indicating weak fundamentals.
ACACIA RESEARCH CORP trades at 83.3x trailing earnings, compared to its 15-year median P/E of 4.8x, suggesting it is currently Expensive relative to its historical range. On a free-cash-flow basis, the stock trades at 13.0x vs a median of 16.2x. The company's 5-year average gross margin is 42.7%. At current prices, the estimated annualized return to fair value is +6.1%.
ACACIA RESEARCH CORP (ACTG) has a current P/E ratio of 83.3, compared to its historical median P/E of 4.8. The stock is currently considered Expensive based on its historical valuation range.
ACACIA RESEARCH CORP (ACTG) has a 5-year average return on invested capital (ROIC) of -3.3%. This is below average and may indicate limited pricing power.
ACACIA RESEARCH CORP (ACTG) has a market capitalization of $493M. It is classified as a small-cap stock.
ACACIA RESEARCH CORP (ACTG) does not currently pay a regular dividend.
Based on historical P/E analysis, ACACIA RESEARCH CORP (ACTG) appears expensive. The current P/E of 83.3 is 1627% above its historical median of 4.8. The estimated fair value CAGR (P/E method) is -17.3%.
ACACIA RESEARCH CORP (ACTG) operates in the Patent Owners & Lessors industry, within the Financials sector.
ACACIA RESEARCH CORP (ACTG) reported annual revenue of $285 million in its most recent fiscal year, based on SEC EDGAR filings.
ACACIA RESEARCH CORP (ACTG) has a net profit margin of 7.6%. This is a modest margin.
ACACIA RESEARCH CORP (ACTG) generated $73 million in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
ACACIA RESEARCH CORP (ACTG) has a debt-to-equity ratio of 0.28. This indicates a conservatively financed balance sheet.
ACACIA RESEARCH CORP (ACTG) reported earnings per share (EPS) of $0.22 in its most recent fiscal year.
ACACIA RESEARCH CORP (ACTG) has a return on equity (ROE) of 4.1%. This indicates moderate shareholder returns.
ACACIA RESEARCH CORP (ACTG) has a 5-year average gross margin of 42.7%. This indicates decent pricing power.
The Ledger Terminal provides 17 years of financial data for ACACIA RESEARCH CORP (ACTG), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
ACACIA RESEARCH CORP (ACTG) has a book value per share of $5.51, based on its most recent annual SEC filing.
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