Crown Electrokinetics Corp.

CRKN
About the company

Crown Electrokinetics Corp. provides infrastructure solutions in the United States. It operates in four segments: Smart Windows Division, Fiber Optics Division, Slant Wells Group, and Element 82. The company focuses on the construction of 5G fiber optics infrastructure; and provides contracting services, such as program management and engineering, and aerial and underground fiber networks construction to the fiber optics and telecommunications infrastructure industry.

Country: United StatesPrice: $0.00Market Cap: $1,738

Investment snapshot

12%positive consensus
Scored 1d ago

Positive

2

BUY / PASS

Neutral / negative

3 / 11

NEUTRAL / FAIL

Median fair value

—

No comparable estimates

Models with upside

0 / 17

Positive margin of safety

Strongest signal

9 of 12 pass — Buffett, Piotroski and Marks object

Key risk

No clean pass — all 13 investors flag at least one valuation criterion

Framework analysis

VerdictMeaning
BUYPositive purchase signal: the framework's buy requirements are met.
PASSThe 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.
NEUTRALNeither a positive nor negative conclusion. It does not mean to hold an existing position.
FAILThe company does not clear the framework's requirements.
RankedRanked 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.

MetricGraham

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

VerdictFAILFAILFAILNot rankedNEUTRALFAILPASSFAILFAILFAILFAILPASSFAILFAILFAILNEUTRALNEUTRAL
Score
AnalysisChecking 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/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Margin of SafetyN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Financial Basis

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Market data at 2026-11-01

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Qualitative assessment · Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Market data at 2026-11-01

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Qualitative assessment

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Annual history · FY 2024 · Price history 2025-01-01–2026-11-01

Latest source filing: 2025-03-31

Score computed: 2026-11-14

Where It Passes

  • Debt & Leverage75% pass✓ 12✗ 3▾

    9 of 12 pass — Buffett, Piotroski and Marks object

    LT Debt vs Net Current AssetsLT Debt $0.9M vs NCA $12.5M
    ✓GrahamLT Debt <= Net Current Assets
    Debt/Equity & Interest CoverageD/E: 0.04, IC: -112.7x
    ✗BuffettD/E < 0.5 AND Interest Coverage > 5x
    Total Debt / Equity0.04
    ✓Lynch< 0.33
    Cash - Long-term Debt$12.8M
    ✓LynchPositive preferred
    LT Debt / Total Assets Change0.00% -> 2.64%
    ✗PiotroskiDecreased YoY
    Current Assets / Current Liabilities2.13
    ✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)
    Total Debt / Shareholders' Equity0.04
    ✓Dreman< 0.8✓Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✓SchlossD/E < 1.00x
    Debt Levels0.04
    ✓MungerDebt/Equity < 0.5✓AkreDebt/Equity < 0.3
    Interest Coverage & Debt/EBITDAIC=-112.7x, D/EBITDA=N/A
    ✗MarksInterest Coverage > 3x; Debt/EBITDA < 4x
    Total Debt / Shareholders Equity0.04
    ✓Ackman<= 1.0
    Negative debt-to-equity (higher means less debt)-0.0415; #943/4210 (top 22.4%)
    ✓AsnessTop 30% of eligible cross-section

Where It Falls Short

  • Valuation0% pass✓ 9✗ 19▾

    No clean pass — all 13 investors flag at least one valuation criterion

    Price / 3-yr avg EPS
    ✗Graham<= 15x
    Price-to-Book Ratio0.0x
    ✓Graham<= 1.5x
    P/E x P/B
    ✗Graham<= 22.5
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    EBIT / Enterprise ValueN/A (EV <= 0)
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-337.6%
    ✗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< 8x
    Price / Book Value per Share0.0x
    ✓Dreman< 1.2x✓Templeton< 1.5x✓SchlossP/B <= 0.80x (app cutoff)
    Valuation ReasonablenessOE Yield=-52306650.7%
    ✗MungerP/E < 25 or Owner Earnings Yield > 5%
    P/E or FCF YieldFCF Yield=-1399654.8%
    ✗PabraiP/E < 15 or FCF Yield > 10%
    P/B or P/E vs. Historical AverageP/B=0.0x
    ✓MarksP/E < 15 or P/B < 2.0
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Price vs. Trailing Low100% of trailing low ($0.00)
    ✓Templeton<= 120% of trailing low (certified split-adjusted live window)
    Net income / market capitalization-1492865.36%; #6325/6340 (top 99.8%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Positive book equity / market capitalization+12798.6191; #10/6449 (top 0.2%)
    ✓AsnessTop 30% of eligible cross-section
    Price / 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 Share0.00x
    ✓SchlossP/TBV <= 1.00x (app cutoff)
    Book Value per Share Change
    ✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)
    Revenue / market capitalization+11335.4430; #22/5247 (top 0.4%)
    ✓OshaughnessyTop 10% of eligible cross-section
    (Operating cash flow - capex) / market capitalization-1399654.78%; #4514/4519 (top 99.9%)
    ✗OshaughnessyTop 10% of eligible cross-section
    Trailing six-month price return through the evaluation date-98.53%; #6125/6202 (top 98.8%)
    ✗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$-25.9M
    ✗BuffettPositive and growing
    FCF Positive and Growing$-24.3M
    ✗LynchPositive and growing
    Operating Cash Flow$-18.2M
    ✗PiotroskiCFO > 0
    (CFO / Total Assets) vs ROACFO/Assets=-51.97%, ROA=-74.17%
    ✓PiotroskiCFO/Assets > ROA
    Price / (CFO / Shares)N/A (negative CFPS)
    ✗Dreman< 8x
    P/E or FCF YieldFCF Yield=-1399654.8%
    ✗PabraiP/E < 15 or FCF Yield > 10%
    FCF Positive0/3 years FCF positive
    ✗MarksPositive FCF in majority of recent years
    (OCF - CapEx) / Market Cap-41077336.8%
    ✗Ackman>= 4%
    Price / FCF per ShareN/A (negative FCF)
    ✗Ackman<= 25
    Positive Operating Cash Flow frequency0/6 years positive
    ✗SleepPositive OCF in >= 70% of available years
    Operating Cash Flow - Capital Expenditures$-24.3M
    ✗Neff> $0 (app proxy for a strong fundamental case)
    (Operating cash flow - capex) / market capitalization-1399654.78%; #4514/4519 (top 99.9%)
    ✗OshaughnessyTop 10% of eligible cross-section
  • Growth0% pass✓ 3✗ 10▾

    No clean pass — all 8 investors flag at least one growth criterion

    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    Inventory Growth vs Revenue GrowthN/A (no inventory)
    ✓LynchInventory growth < Revenue growth
    EPS Growth Direction
    ✗DremanPositive over recent years
    EPS CAGR
    ✗Dreman> 5% annualized
    Positive Net Income Frequency0/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    3yr Median Revenue Growth12776.5%
    ✓Ackman>= 5%
    Positive EPS Growth Frequency
    ✗AckmanPositive EPS growth in >= 3 of last 5 years
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Revenue growth vs. gross and operating margin trend
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    5-year Revenue CAGR187.7%
    ✓SleepCAGR > 7%
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
  • Profitability6% pass✓ 4✗ 31▾

    15 of 16 flag CRKN's profitability — Graham, Buffett, Lynch +12 more

    Positive EPS (10 years)0/8 years positive
    ✗GrahamPositive EPS every year for 10 years
    EPS Growth (3-yr avg, 10-yr window)
    ✗Graham>= 33% growth
    Net Income Positive (10+ years)0/8 years positive
    ✗BuffettPositive every year for 10+ years
    ROE (up to 5-year arithmetic mean)-920.8%
    ✗Buffett> 15% arithmetic mean (app rule)
    Operating Margin (10-yr trend)-122.5% (latest)
    ✗BuffettStable or rising over 10 years
    Free Cash Flow Proxy$-25.9M
    ✗BuffettPositive and growing
    Earnings Variance (10-yr CoV)
    ✗BuffettCoV < 0.3
    Retained Earnings Effectiveness
    ✗Buffett$1 retained -> > $1 market value created
    Basic earnings-growth PEG (dividends excluded)
    ✗Lynch< 1.0 (ideally < 0.5)
    3-5 Year EPS CAGR
    ✗Lynch15-30% (Fast Grower); > 0% to pass
    ROE-116.6%
    ✗Lynch> 15%
    EBIT / Enterprise ValueN/A (EV <= 0)
    ✗Greenblatt> 10%
    Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=-337.6%
    ✗GreenblattBoth EY > 10% and ROC > 25%
    Net Income / Total Assets-74.17%
    ✗PiotroskiROA > 0
    ROA Change YoY-304.23% -> -74.17% (delta: +230.06%)
    ✓PiotroskiCurrent ROA > Prior ROA
    (CFO / Total Assets) vs ROACFO/Assets=-51.97%, ROA=-74.17%
    ✓PiotroskiCFO/Assets > ROA
    Gross Margin Change YoY-510.5% -> -3.6%
    ✓PiotroskiImproved YoY
    Pre-Tax Income / Revenue-131.7%
    ✗Dreman>= 8%
    Net Income / Shareholders' Equity-116.6%
    ✗Dreman> 12%
    Margin of SafetyP/B=0.0x
    ✓PabraiP/B < 1.5 or P/E < 15
    Return on Equity-1145.8% (3-yr avg)
    ✗AkreROE > 20% (3-year avg)
    Discount to Intrinsic Value
    ✗Marks>= 20% below intrinsic value
    Positive Net Income Frequency0/6 years positive
    ✗MarksPositive net income in >= 7 of last 10 years
    Operating Income / Revenue-122.5%
    ✗Ackman>= 15%
    Net Income / Shareholders Equity-116.6%
    ✗Ackman>= 15%
    5-Year EPS CAGR
    ✗Templeton> 0% (5-year EPS CAGR)
    Operating Margin Trend
    ✗TempletonNon-negative operating-margin trend over 3 years
    Revenue growth vs. gross and operating margin trend
    ✗SleepRevenue rising; gross margin flat or falling; operating margin holding
    Net income / market capitalization-1492865.36%; #6325/6340 (top 99.8%)
    ✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-section
    Gross profit / total assets-2.04%; #3578/3702 (top 96.7%)
    ✗AsnessTop 30% of eligible cross-section
    Net income / positive book equity-116.64%; #4662/5226 (top 89.2%)
    ✗AsnessTop 30% of eligible cross-section
    Negative 5-year standard deviation of ROA-0.8345; #5202/5884 (top 88.4%)
    ✗AsnessTop 30% of eligible cross-section
    3-5 Year Diluted EPS CAGR
    ✗Neff7%-20% annualized
    Positive Diluted-EPS Years0/6 years positive
    ✗Schloss>= 70% positive over 5-10 observed years (app rule)
  • Verdicts15% pass✓ 2✗ 11▾

    Split decision: 11 FAIL · 3 NEUTRAL · 2 PASS

    Overall verdict
    ✗GrahamFAIL (3/9)✗BuffettFAIL (0/9)✗LynchFAIL (3/7)•GreenblattNot ranked•PiotroskiNEUTRAL (F-Score 6)✗DremanFAIL (3/11)✓MungerPASS (2/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (1/5)✗AckmanFAIL (2/9)✓TempletonPASS (4/8)✗SleepFAIL (1/6)✗AsnessFAIL (Rank #2231/2370 (Top 94.1%))✗NeffFAIL (1/6)•SchlossNEUTRAL (4/7)•OshaughnessyNEUTRAL (Not ranked)
  • Efficiency38% pass✓ 4✗ 7▾

    5 of 8 flag CRKN's efficiency — Buffett, Greenblatt, Munger +2 more

    Current Ratio2.13
    ✓Graham>= 2.0
    ROIC (3-5 yr avg)-476.7%
    ✗Buffett> 10%
    ROIC - WACC-486.7%
    ✗BuffettPositive (WACC = 10%)
    EBIT / (NWC + Net Fixed Assets)-337.6%
    ✗Greenblatt> 25%
    Current Ratio Change YoY0.49 -> 2.13
    ✓PiotroskiIncreased YoY
    Revenue / Total Assets Change YoY0.02x -> 0.56x
    ✓PiotroskiImproved YoY
    Current Assets / Current Liabilities2.13
    ✓Dreman> 1.5
    Return on Invested Capital-82.3%
    ✗Munger> 15%
    ROIC (high and growing)FY2022: ROIC=-546.5%; FY2023: ROIC=-298.7%; FY2024: ROIC=-82.3%
    ✗AkreLatest 3 consecutive FYs: ROIC > 15% in each
    Reinvestment Rate x ROICN/A (non-positive net income)
    ✗AkreReinvestment Rate * ROIC > 10%
    ROIC (5-year)0/4 years above 12% (latest -82.3%)
    ✗SleepROIC > 12% in a majority of years

Business & financials

Financial snapshot: annual FY 2024. Current investor scores may use newer quarterly data.

Company Profile

Industry: Electronic Equipment
SIC Sector: Electronic & Electrical Equipment
Size: Micro Cap($1,738)
Revenue: $19.7M+12776.5% YoY
Net Income: $25.9M+10.5% YoY

Financial Snapshot

Operating Margin-122.5%
Return on Equity-116.6%
Debt / Equity0.04
Current Ratio2.13
EPS (Diluted)$-548.26

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.

MetricTTM · 2025-03-31

2024-04-01 – 2025-03-31

Sources · derived quarter values

Derived from cumulative filings: operating cash flow, depreciation amortization, pre tax income, revenue, net income, operating income, gross profit, ebit, interest expense, capex.

Q1 FY 2025

2025-01-01 – 2025-03-31

Sources
FY 2024
Sources
  • 10-K · 2025-03-31
FY 2023
Sources
  • 10-K · 2025-03-31
FY 2022
Sources
  • 10-K · 2023-03-31
FY 2021
Sources
  • 10-K · 2023-03-31
FY 2020
Sources
  • 10-K · 2021-06-21
Market Cap$1.7Kcurrent--$361.8Kest.$16.0Best.$118.6Best.$58.7Test.$109.1Test.
Revenue$21.8M$2.8M↑306%$19.7M↑12776%$153.0K------
Operating Income-$30.3M-$9.9M↓167%-$24.1M↓25%-$19.3M↓28%-$15.1M---$19.4M
Net Income-$31.0M-$9.7M↓110%-$25.9M↑10%-$29.0M↓102%-$14.3M---$40.8M
EPS (Diluted)--$-5.79$-548.26↓9941%$-5.46↑90%$-54.12--$-4.60
Gross Margin—-36.7%↑74%-3.6%↑99%-510.5%———
Operating Margin-139.1%-357.1%↑34%-122.5%↑99%-12619.6%———
ROE-86.5%—-116.6%↑81%-619.7%↑77%-2700.9%—-245.7%
Total Debt$870.0K$870.0K↑107%$924.0K↑115%$429.0K↓74%$1.7M↑20575%$8.0K↓99%$877.0K
Shareholders' Equity$35.9M$35.9M↑1448%$22.2M↑376%$4.7M↑782%$530.0K↓94%$9.0M↓46%$16.6M
Current Ratio5.115.11↑996%2.13↑330%0.49↑65%0.30↓97%10.27↓39%16.74
Debt / Equity0.020.02↓87%0.04↓55%0.09↓97%3.12↑350517%0.00↓98%0.05
Operating Cash Flow-$26.5M-$11.0M↓311%-$18.2M↓13%-$16.2M↓45%-$11.1M---$6.6M
Free Cash Flow---$12.7M-$24.3M↓33%-$18.3M↓54%-$11.9M----

Score history

Historical Score Timeline

Industry peers

Industry Peers

Similar companies in Electronic Equipment

CRKN vs Peers — Financial Grading

Revenue$19.7MBottom 25%
Net Income$25.9MBottom 25%
ROE-116.6%Bottom 25%
D/E0.04Top 25%
Op. Margin-122.5%Bottom 25%
Curr. Ratio2.13Median
CompanyMarket CapPriceRevenueNet IncomeROED/EOp. MarginCurr. RatioGrahamBuffettLynchGreenblattPiotroskiDreman
NVIDIA CORPNVDA$3.93T$162.85$215.9B$120.1B76.3%0.0560.4%3.913/96/93/71/3F-Score 45/11
INTEL CORPINTC$317.1B$59.66$52.9B$267.0M-0.2%0.41-4.2%2.023/90/91/70/3F-Score 63/11
TEXAS INSTRUMENTS INCTXN$277.4B$303.60$17.7B$5.0B30.7%0.8634.1%4.356/95/93/71/3F-Score 77/11
ANALOG DEVICES INCADI$192.8B$397.97$11.0B$2.3B6.7%0.2426.6%2.192/93/94/71/3F-Score 84/11
Motorola Solutions, Inc.MSI$87.8B$531.20$11.7B$2.2B89.4%3.4925.6%1.042/94/93/71/3F-Score 65/11
L3HARRIS TECHNOLOGIES, INC. /DE/LHX$50.7B$272.35—$1.6B8.2%0.57—1.192/92/93/71/3F-Score 73/11
NOKIA CORPNOK$45.7B$8.07$23.4B$764.7M3.1%0.164.4%1.582/91/93/71/3F-Score 53/11
ERICSSON LM TELEPHONE COERIC$34.2B$10.56$25.7B$3.1B26.0%0.3016.3%1.292/95/95/73/3F-Score 77/11