Motors & Generators
American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates in two segments, Grid and Wind. 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; and engineering planning services. It 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; resilient electric grid systems, resilient electric grid 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 in board 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. It 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. The company was incorporated in 1987 and is headquartered in Ayer, Massachusetts.
In the chart Earnings are multiplied by this value.
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
Years | 03-2015 | 03-2016 | 03-2017 | 03-2018 | 03-2019 | 03-2020 | 03-2021 | 03-2022 | 03-2023 | TTM |
---|---|---|---|---|---|---|---|---|---|---|
Net Margin | - | - | -3K% | -68% | 48% | -27% | -26% | -18% | -33% | -12% |
ROA | -35% | -15% | -26% | -36% | 29% | -14% | -14% | -12% | -19% | -9.6% |
ROE | -61% | -28% | -45% | -63% | 33% | -24% | -19% | -18% | -43% | -21% |
The average Net Margin over the past 5 years is -20.61%.
The trend of Net Margin over the past 5 years is -0.63%.
The average ROA over the past 5 years is -11.03%.
The trend of ROA over the past 5 years is -0.96%.
The average ROE over the past 5 years is -22.22%.
The trend of ROE over the past 5 years is -1.36%.
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
Years | 03-2015 | 03-2016 | 03-2017 | 03-2018 | 03-2019 | 03-2020 | 03-2021 | 03-2022 | 03-2023 | TTM |
---|---|---|---|---|---|---|---|---|---|---|
Debt FCF | - | -0.46 | -0.12 | 0.00 | - | - | 0.00 | -0.01 | -0.00 | -0.01 |
Debt Equity | 0.05 | 0.03 | 0.02 | 0.00 | - | - | 0.00 | 0.00 | 0.00 | 0.00 |
MIN | ||||||||||
Graham Stability | - | - | - | - | - | - | - | - | - | - |
The Debt/FCF trailing twelve month is -0.01.
The trend of Debt/FCF over the past 5 years is -0.00.
Graham’s Stability measure stands at -.
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
Years | 03-2016 | 03-2018 | 03-2020 | 03-2022 | Trend |
---|---|---|---|---|---|
Revenue | - | 17% | 18% | -2.3% | -750% |
Net Income | - | - | - | - | - |
Stockholders Equity | -0.3% | 9.4% | 4.2% | -25% | 0.69% |
FCF | - | - | - | - | - |
The Revenue CAGR over the past 5 years is +16.97%.
The trend of Revenue growth rate over the past 5 years is -752.97%.
The Earnings CAGR over the past 5 years is +1.35%.
The trend of Earnings growth rate over the past 5 years is -.
The Equity CAGR over the past 5 years is +9.39%.
The trend of Equity growth rate over the past 5 years is +0.69%.
The FCF CAGR over the past 5 years is -2.81%.
The trend of FCF growth rate over the past 5 years is -.