APPLIED ENERGETICS, INC.
AERGInvestment snapshot
Positive
1
BUY / PASS
Neutral / negative
1 / 14
NEUTRAL / FAIL
Median fair value
—
No comparable estimates
Models with upside
0 / 17
Positive margin of safety
Strongest signal
8 of 12 pass — Graham, Buffett, Lynch +1 more object
Key risk
No clean pass — all 16 investors flag at least one profitability criterion
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | FAIL · Rank #2699 (Top 87.1%) | PASS | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | NEUTRAL |
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| Analysis | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… |
| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Margin of Safety | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | Annual history · FY 2025 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 · TTM ended 2026-06-30 vs 2025-06-30 · TTM ended 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-11-01 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · Balance sheet at 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-30 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-11-01 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-30 Score computed: 2026-11-14 | TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-13 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-08-13 Score computed: 2026-11-14 |
Where It Passes
- Debt & Leverage67% pass✓ 11✗ 4▾
8 of 12 pass — Graham, Buffett, Lynch +1 more object
LT Debt vs Net Current Assets✗GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: 0.01, IC: -7254.7x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / Equity0.09✓Lynch< 0.33Cash - Long-term Debt✗LynchPositive preferredLT Debt / Total Assets Change0.00% -> 0.00%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities1.58✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity0.09✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00xDebt Levels0.09✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=-7254.7x, D/EBITDA=N/A✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity0.09✓Ackman<= 1.0Negative debt-to-equity (higher means less debt)-0.0927; #1242/4210 (top 29.5%)✓AsnessTop 30% of eligible cross-section
Where It Falls Short
- Profitability0% pass✓ 4✗ 31▾
No clean pass — all 16 investors flag at least one profitability criterion
Positive EPS (10 years)0/22 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthNet Income Positive (10+ years)0/22 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)-654.6%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)-3233.6% (latest)✓BuffettStable or rising over 10 yearsFree Cash Flow Proxy$-15.8M✗BuffettPositive and growingEarnings Variance (10-yr CoV)✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passROE-735.2%✗Lynch> 15%EBIT / Enterprise Value-8.0%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=-8.0%, ROC=-1555.1%✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets-164.07%✗PiotroskiROA > 0ROA Change YoY-443.05% -> -164.07% (delta: +278.97%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=-101.91%, ROA=-164.07%✓PiotroskiCFO/Assets > ROAGross Margin Change YoY39.0% -> 54.0%✓PiotroskiImproved YoYPre-Tax Income / Revenue-3221.1%✗Dreman>= 8%Net Income / Shareholders' Equity-735.2%✗Dreman> 12%Margin of SafetyP/B=25.5x✗PabraiP/B < 1.5 or P/E < 15Return on Equity-995.5% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePositive Net Income Frequency0/16 years positive✗MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue-3233.6%✗Ackman>= 15%Net Income / Shareholders Equity-735.2%✗Ackman>= 15%5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Operating Margin Trend-281.1% (2023) -> -3233.6% (2025)✗TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 75.8% -> 54.0%, operating margin -281.1% -> -3233.6%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization-8.33%; #4092/6340 (top 64.5%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+2.75%; #3223/3702 (top 87.1%)✗AsnessTop 30% of eligible cross-sectionNet income / positive book equity-735.23%; #5128/5226 (top 98.1%)✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-1.2757; #5344/5884 (top 90.8%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR✗Neff7%-20% annualizedPositive Diluted-EPS Years0/10 years positive✗Schloss>= 70% positive over 5-10 observed years (app rule) - Valuation0% pass✓ 1✗ 27▾
No clean pass — all 13 investors flag at least one valuation criterion
Price / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio25.5x✗Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise Value-8.0%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=-8.0%, ROC=-1555.1%✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xPrice / Book Value per Share25.5x✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessOE Yield=-8.2%✗MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldFCF Yield=-5.4%✗PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/B=25.5x✗MarksP/E < 15 or P/B < 2.0Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePrice / FCF per ShareN/A (negative FCF)✗Ackman<= 25Price vs. Trailing Low122% of trailing low ($0.70)✗Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization-8.33%; #4092/6340 (top 64.5%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization+0.0113; #5180/6449 (top 80.3%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per Share25.46x✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change+278.0%✓SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+0.0024; #4982/5247 (top 94.9%)✗OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization-5.39%; #3007/4519 (top 66.5%)✗OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date-36.30%; #4674/6202 (top 75.4%)✗OshaughnessyTop 10% of eligible cross-section - Cash Flow0% pass✓ 1✗ 11▾
No clean pass — all 10 investors flag at least one cash flow criterion
Free Cash Flow Proxy$-15.8M✗BuffettPositive and growingFCF Positive and Growing$-10.4M✗LynchPositive and growingOperating Cash Flow$-9.2M✗PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=-101.91%, ROA=-164.07%✓PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xP/E or FCF YieldFCF Yield=-5.4%✗PabraiP/E < 15 or FCF Yield > 10%FCF Positive0/9 years FCF positive✗MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap-5.4%✗Ackman>= 4%Price / FCF per ShareN/A (negative FCF)✗Ackman<= 25Positive Operating Cash Flow frequency0/16 years positive✗SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures$-10.4M✗Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization-5.39%; #3007/4519 (top 66.5%)✗OshaughnessyTop 10% of eligible cross-section - Growth0% pass✓ 2✗ 11▾
No clean pass — all 8 investors flag at least one growth criterion
EPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthN/A (no inventory)✓LynchInventory growth < Revenue growthEPS Growth Direction✗DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency0/16 years positive✗MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth-7.8%✗Ackman>= 5%Positive EPS Growth Frequency✗AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 75.8% -> 54.0%, operating margin -281.1% -> -3233.6%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR21.3%✓SleepCAGR > 7%3-5 Year Diluted EPS CAGR✗Neff7%-20% annualized - Verdicts6% pass✓ 1✗ 15▾
Split decision: 14 FAIL · 1 PASS · 1 NEUTRAL
Overall verdict✗GrahamFAIL (0/9)✗BuffettFAIL (1/9)✗LynchFAIL (2/7)✗GreenblattRank #2699✓PiotroskiPASS (F-Score 5)✗DremanFAIL (2/11)✗MungerFAIL (1/4)✗PabraiFAIL (0/3)✗AkreFAIL (1/6)✗MarksFAIL (0/5)✗AckmanFAIL (1/9)✗TempletonFAIL (2/8)✗SleepFAIL (1/6)✗AsnessFAIL (Rank #2324/2370 (Top 98.1%))✗NeffFAIL (1/6)✗SchlossFAIL (3/7)•OshaughnessyNEUTRAL (Not ranked) - Efficiency13% pass✓ 2✗ 9▾
7 of 8 flag AERG's efficiency — Graham, Buffett, Greenblatt +4 more
Current Ratio1.58✗Graham>= 2.0ROIC (3-5 yr avg)-1650.5%✗Buffett> 10%ROIC - WACC-1660.5%✗BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)-1555.1%✗Greenblatt> 25%Current Ratio Change YoY0.91 -> 8.29✓PiotroskiIncreased YoYRevenue / Total Assets Change YoY1.17x -> 0.05x✗PiotroskiImproved YoYCurrent Assets / Current Liabilities1.58✓Dreman> 1.5Return on Invested Capital-534.9%✗Munger> 15%ROIC (high and growing)FY2023: ROIC=-360.7%; FY2024: ROIC=-1647.4%; FY2025: ROIC=-155.0%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROICN/A (non-positive net income)✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)0/5 years above 12% (latest -155.0%)✗SleepROIC > 12% in a majority of years
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Issued 4.7% of shares last year, 5.9% issued over two.
- Buybacks
- —
- Dividends
- —
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, net income, operating income, gross profit, ebit, pre tax income, operating cash flow, depreciation amortization, capex. | Q3 FY 2026 2026-07-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization, capex. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
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|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $193.0Mcurrent | -- | -- | -- | $321.0Mest. | $210.7Mest. | $403.7Mest. | $432.6Mest. | $400.7Mest. |
| Revenue | -- | $106.0K↓3% | $62.0K↓12% | -- | $461.7K↓81% | $2.4M↓8% | $2.6M↑101% | $1.3M | -- |
| Operating Income | -$16.5M↓27% | -$4.3M↓8% | -$4.3M↓14% | -$3.8M↓23% | -$14.9M↓63% | -$9.2M↓24% | -$7.4M↓28% | -$5.8M↓5% | -$5.5M |
| Net Income | -$16.4M↓26% | -$4.3M↓8% | -$4.3M↓13% | -$3.8M↓23% | -$14.9M↓62% | -$9.2M↓25% | -$7.4M↓27% | -$5.8M↓6% | -$5.4M |
| EPS (Diluted) | -- | $-0.02 | $-0.02 | $-0.02 | $-0.07↓75% | $-0.04↓33% | $-0.03 | $-0.03 | $-0.03 |
| Gross Margin | — | 87.2%↑71% | 65.2%↑101% | — | 54.0%↑38% | 39.0%↓49% | 75.8%↓1% | 76.6% | — |
| Operating Margin | — | -4061.3%↓11% | -6934.9%↓29% | — | -3233.6%↓755% | -378.2%↓35% | -281.1%↑36% | -441.2% | — |
| ROE | 1534.8%↓14% | — | — | — | -196.7%↑92% | -2336.1%↓415% | -453.7%↓338% | -103.5%↑43% | -182.8% |
| Total Debt | $137.0K↑43% | $137.0K↑43% | $202.6K↑41% | -- | $48.0K↑1% | $47.3K | $0↓100% | $400.0K↓61% | $1.0M |
| Shareholders' Equity | -$1.1M↓46% | -$1.1M↓46% | $2.2M↑29% | $5.1M↑19% | $7.6M↑1825% | $392.7K↓76% | $1.6M↓71% | $5.6M↑88% | $3.0M |
| Current Ratio | 0.52↓74% | 0.52↓74% | 1.58↑29% | 4.96↓16% | 8.29↑814% | 0.91↓59% | 2.20↓73% | 8.04↑207% | 2.62 |
| Debt / Equity | -0.13↑2% | -0.13↑2% | 0.09↑9% | — | 0.01↓95% | 0.12 | 0.00↓100% | 0.07↓79% | 0.35 |
| Operating Cash Flow | -$10.7M↓34% | -$3.0M↓19% | -$2.8M↓18% | -$2.3M↓33% | -$9.2M↓81% | -$5.1M↓48% | -$3.5M↑12% | -$3.9M↓22% | -$3.2M |
| Free Cash Flow | -$10.9M↓18% | -$3.0M↓19% | -$2.9M↑17% | -$2.3M↓27% | -$10.5M↓102% | -$5.2M↓36% | -$3.8M↑5% | -$4.0M↓17% | -$3.4M |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Electronic Equipment
AERG vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVIDIA CORPNVDA | $3.93T | $162.85 | $215.9B | $120.1B | 76.3% | 0.05 | 60.4% | 3.91 | 3/9 | 6/9 | 3/7 | 1/3 | F-Score 4 | 5/11 |
| INTEL CORPINTC | $317.1B | $59.66 | $52.9B | $267.0M | -0.2% | 0.41 | -4.2% | 2.02 | 3/9 | 0/9 | 1/7 | 0/3 | F-Score 6 | 3/11 |
| TEXAS INSTRUMENTS INCTXN | $277.4B | $303.60 | $17.7B | $5.0B | 30.7% | 0.86 | 34.1% | 4.35 | 6/9 | 5/9 | 3/7 | 1/3 | F-Score 7 | 7/11 |
| ANALOG DEVICES INCADI | $192.8B | $397.97 | $11.0B | $2.3B | 6.7% | 0.24 | 26.6% | 2.19 | 2/9 | 3/9 | 4/7 | 1/3 | F-Score 8 | 4/11 |
| Motorola Solutions, Inc.MSI | $87.8B | $531.20 | $11.7B | $2.2B | 89.4% | 3.49 | 25.6% | 1.04 | 2/9 | 4/9 | 3/7 | 1/3 | F-Score 6 | 5/11 |
| L3HARRIS TECHNOLOGIES, INC. /DE/LHX | $50.7B | $272.35 | — | $1.6B | 8.2% | 0.57 | — | 1.19 | 2/9 | 2/9 | 3/7 | 1/3 | F-Score 7 | 3/11 |
| NOKIA CORPNOK | $45.7B | $8.07 | $23.4B | $764.7M | 3.1% | 0.16 | 4.4% | 1.58 | 2/9 | 1/9 | 3/7 | 1/3 | F-Score 5 | 3/11 |
| ERICSSON LM TELEPHONE COERIC | $34.2B | $10.56 | $25.7B | $3.1B | 26.0% | 0.30 | 16.3% | 1.29 | 2/9 | 5/9 | 5/7 | 3/3 | F-Score 7 | 7/11 |