Acacia Research Corporation (ACTG) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Specialty Business Services
EV/EBITDA
↓
5.29
↓-89% vs avg
5yr avg: 47.81
30Y Low1.0·High28.7
P/FCF
8.02
↑+29% vs avg
5yr avg: 6.21
30Y Low6.2·High71.6
P/B Ratio
↓
0.81
↓-12% vs avg
5yr avg: 0.92
30Y Low0.6·High7.8
ROE
↓
3.8%
↓+1% vs avg
5yr avg: 3.8%
30Y Low-74%·High47%
Debt/EBITDA
↓
2.02
↓-91% vs avg
5yr avg: 21.45
30Y Low0.4·High14.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ACTG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Acacia Research Corporation trades at 22.1x earnings, 151% above its 5-year average of 8.8x, sitting at the 75th percentile of its historical range. Compared to the Industrials sector median P/E of 25.5x, the stock trades at a discount of 14%. On a free-cash-flow basis, the stock trades at 8.0x P/FCF, 29% above the 5-year average of 6.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $469M | $363M | $431M | $362M | $385M | $505M | $226M | $135M | $149M | $205M | $325M |
| Enterprise Value | $263M | $157M | $281M | $36M | $161M | $380M | $178M | $80M | $54M | $69M | $198M |
| P/E Ratio → | 22.09 | 17.00 | — | 6.76 | — | 2.69 | 2.66 | — | — | 9.20 | — |
| P/S Ratio | 1.65 | 1.27 | 3.52 | 2.90 | 6.51 | 5.74 | 7.60 | 12.04 | 1.13 | 3.14 | 2.13 |
| P/B Ratio | 0.81 | 0.62 | 0.78 | 0.61 | 1.43 | 1.17 | 0.78 | 0.77 | 0.77 | 0.69 | 1.21 |
| P/FCF | 8.02 | 6.21 | — | — | — | — | — | — | 7.14 | 8.39 | 9.91 |
| P/OCF | 6.24 | 4.83 | 8.59 | — | — | 37.91 | — | — | 7.13 | 8.39 | 9.56 |
P/E links to full P/E history page with 30-year chart
ACTG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Acacia Research Corporation's enterprise value stands at 5.3x EBITDA, 89% below its 5-year average of 47.8x. The Industrials sector median is 13.9x, placing the stock at a 62% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.55 | 2.30 | 0.29 | 2.73 | 4.32 | 5.98 | 7.09 | 0.41 | 1.05 | 1.30 |
| EV / EBITDA | 5.29 | 3.16 | 171.99 | 0.99 | — | 15.08 | — | — | 23.03 | — | — |
| EV / EBIT | 41.07 | 24.52 | — | 0.51 | — | 2.08 | 1.51 | — | 15.26 | — | — |
| EV / FCF | — | 2.68 | — | — | — | — | — | — | 2.58 | 2.81 | 6.03 |
ACTG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Acacia Research Corporation earns an operating margin of 2.2%, below the Industrials sector average of 4.3%. Operating margins have compressed from 16.7% to 2.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 3.8% is modest, trailing the sector median of 8.2%. ROIC of 1.2% represents below-average returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 82.5% | 82.5% | 24.2% | 57.8% | 36.9% | 59.0% | 16.6% | -62.6% | 18.9% | 3.4% | 27.1% |
| Operating Margin | 2.2% | 2.2% | -26.9% | 16.7% | -67.7% | 16.5% | -65.5% | -208.2% | -18.9% | -41.7% | -24.5% |
| Net Profit Margin | 7.6% | 7.6% | -29.5% | 53.6% | -211.2% | 169.5% | 366.8% | -152.2% | -79.9% | 33.9% | -35.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 3.8% | 3.8% | -6.3% | 15.6% | -35.7% | 41.5% | 47.2% | -9.3% | -42.9% | 7.8% | -18.4% |
| ROA | 2.8% | 2.8% | -5.2% | 12.0% | -19.5% | 22.8% | 29.9% | -7.7% | -39.4% | 7.3% | -16.8% |
| ROIC | 1.2% | 1.2% | -7.4% | 10.2% | -17.1% | 4.0% | -8.1% | -16.2% | -14.4% | -13.5% | -17.3% |
| ROCE | 0.9% | 0.9% | -5.0% | 4.2% | -8.1% | 3.0% | -6.6% | -11.7% | -10.1% | -9.6% | -12.8% |
ACTG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Acacia Research Corporation carries a Debt/EBITDA ratio of 2.0x, which is manageable (38% below the sector average of 3.2x). The company holds a net cash position — cash of $307M exceeds total debt of $100M, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.7x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.17 | 0.17 | 0.22 | 0.02 | 0.24 | 0.43 | 0.41 | 0.01 | 0.17 | — | — |
| Debt / EBITDA | 2.02 | 2.02 | 76.09 | 0.38 | — | 7.30 | — | — | 14.41 | — | — |
| Net Debt / Equity | — | -0.35 | -0.27 | -0.55 | -0.83 | -0.29 | -0.17 | -0.32 | -0.49 | -0.46 | -0.47 |
| Net Debt / EBITDA | -4.14 | -4.14 | -91.52 | -9.09 | — | -4.94 | — | — | -40.77 | — | — |
| Debt / FCF | — | -3.52 | — | — | — | — | — | — | -4.57 | -5.58 | -3.88 |
| Interest Coverage | 0.71 | 0.71 | -4.92 | 35.94 | -18.77 | 23.05 | 11.66 | — | — | — | — |
Net cash position: cash ($307M) exceeds total debt ($100M)
ACTG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Acacia Research Corporation's current ratio of 9.18x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 8.64x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 20.06x to 9.18x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 9.18 | 9.18 | 8.89 | 20.06 | 4.91 | 3.65 | 3.67 | 14.79 | 6.49 | 14.62 | 6.69 |
| Quick Ratio | 8.64 | 8.64 | 8.31 | 19.67 | 4.74 | 3.61 | 3.67 | 14.79 | 7.67 | 14.62 | 6.28 |
| Cash Ratio | 6.73 | 6.73 | 7.07 | 15.92 | 4.43 | 3.53 | 3.62 | 14.50 | 5.33 | 14.29 | 5.21 |
| Asset Turnover | — | 0.37 | 0.16 | 0.20 | 0.12 | 0.11 | 0.06 | 0.05 | 0.59 | 0.21 | 0.52 |
| Inventory Turnover | 1.88 | 1.88 | 3.37 | 4.84 | 2.63 | 4.04 | — | — | — | — | 9.67 |
| Days Sales Outstanding | — | 33.48 | 80.30 | 235.03 | 50.73 | 39.45 | 6.20 | 16.59 | 91.27 | 0.85 | 63.94 |
ACTG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Acacia Research Corporation does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 4.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 0.4% | 0.7% | 0.3% | 0.6% | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.5% | 5.9% | — | 14.8% | — | 37.2% | 37.6% | — | — | 10.9% | — |
| FCF Yield | 12.5% | 16.1% | — | — | — | — | — | — | 14.0% | 11.9% | 10.1% |
| Buyback Yield | 0.0% | 0.0% | 4.7% | 0.0% | 13.2% | 0.8% | 1.8% | 0.0% | 3.3% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 4.7% | 0.4% | 14.0% | 1.1% | 2.4% | 0.0% | 3.3% | 0.0% | 0.0% |
| Shares Outstanding | — | $97M | $99M | $92M | $92M | $98M | $57M | $51M | $50M | $51M | $50M |
Peer Comparison
Compare ACTG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ACTGYou | $469M | 22.1 | 5.3 | 8.0 | 82.5% | 2.2% | 3.8% | 1.2% | 2.0 |
 IDCC | $8B | 25.1 | 13.7 | 14.4 | 80.3% | 55.3% | 41.5% | 40.9% | 0.9 |
 VHC | $52M | -2.5 | — | — | 85.8% | -11691.4% | -58.7% | -87.1% | — |
 XOMA | $525M | 28.7 | 40.0 | 183.0 | 94.3% | 21.8% | 34.1% | 6.8% | 9.2 |
 QCOM | $238B | 45.1 | 17.7 | 18.6 | 55.4% | 27.9% | 23.3% | 29.1% | 1.2 |
 FORM | $12B | 216.7 | 104.4 | 993.0 | 39.1% | 8.2% | 5.5% | 5.4% | 0.4 |
 CEVA | $1B | -113.0 | — | 2684.4 | 87.1% | -10.4% | -3.5% | -2.9% | — |
 SIFY | $1B | -132.5 | 17.6 | — | 37.5% | 5.7% | -4.1% | 3.3% | 5.0 |
 IBM | $234B | 22.3 | 18.7 | 20.2 | 59.5% | 15.3% | 35.2% | 9.8% | 4.4 |
 INTC | $673B | -2274.9 | 60.4 | — | 34.8% | -0.0% | -0.2% | -0.0% | 4.0 |
 AAPL | $4.4T | 39.9 | 30.8 | 44.3 | 46.9% | 32.0% | 171.4% | 67.4% | 0.8 |
| Industrials Median | — | 25.5 | 13.9 | 20.1 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
ACTG — Frequently Asked Questions
Quick answers to the most common questions about buying ACTG stock.
What is Acacia Research Corporation's P/E ratio?
Acacia Research Corporation's current P/E ratio is 22.1x. The historical average is 19.9x. This places it at the 75th percentile of its historical range.
What is Acacia Research Corporation's EV/EBITDA?
Acacia Research Corporation's current EV/EBITDA is 5.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.9x.
What is Acacia Research Corporation's ROE?
Acacia Research Corporation's return on equity (ROE) is 3.8%. The historical average is -12.0%.
Is ACTG stock overvalued?
Based on historical data, Acacia Research Corporation is trading at a P/E of 22.1x. This is at the 75th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Acacia Research Corporation's profit margins?
Acacia Research Corporation has 82.5% gross margin and 2.2% operating margin.
How much debt does Acacia Research Corporation have?
Acacia Research Corporation's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.