Market cap
$65 Mln
Revenue (TTM)
$51 Mln
P/E Ratio
--
P/B Ratio
2.4
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 19.00 | 0.55 | -9.62 | -10.39 | -3.23 |
| EBIT | 10.36 | -11.98 | -1.21 | 8.60 | -15.77 |
| Net Profit | 10.07 | -15.66 | -3.96 | 8.25 | -35.39 |
| EPS | 13.81 | -6.65 | 1.77 | 11.42 | -14.02 |
| Book Value | -- | -- | -11.92 | -15.03 | -13.33 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| -16.27 | -15.16 | -13.30 | -12.27 | -14.59 |
| Net Margin
| -- | -11.41 | -13.65 | -- | -- |
| Return on equity
| -28.14 | -25.40 | -24.33 | -21.69 | -27.85 |
| Return on Capital
| -25.53 | -23.42 | -- | -17.92 | -25.62 |
| Return on Assets
| -18.91 | -17.28 | -11.89 | -13.70 | -18.68 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.30 | 0.13 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
-17.92
|
-25.62
|
-33.05
|
-19.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
-24.33
Lower than Peers by 31.84
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-24.33
|
-21.69
|
-27.85
|
-34.89
|
-20.62
|
|
Peer Median
|
7.50
|
--
|
--
|
--
|
--
|
ROA
-11.89
Lower than Peers by 15.37
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-11.89
|
-13.70
|
-18.68
|
-24.34
|
-13.56
|
|
Peer Median
|
3.49
|
--
|
--
|
--
|
--
|
EBIT Margin
-13.30
Lower than Peers by 22.36
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-13.30
|
-12.27
|
-14.59
|
-21.95
|
-11.30
|
|
Peer Median
|
9.06
|
--
|
--
|
--
|
--
|
Net Margin
-13.65
Lower than Peers by 19.75
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-13.65
|
-12.41
|
-14.34
|
-22.18
|
-11.41
|
|
Peer Median
|
6.11
|
--
|
--
|
--
|
--
|
Cash Profit Margin
0.00
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
0.00
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-9.62
Lower than Peers by 16.07
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-9.62
|
-0.15
|
0.08
|
-0.26
|
0.18
|
|
Peer Median
|
6.45
|
--
|
--
|
--
|
--
|
EBIT Growth
-1.21
Lower than Peers by 12.49
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-1.21
|
28.13
|
28.13
|
-43.44
|
14.96
|
|
Peer Median
|
11.28
|
--
|
--
|
--
|
--
|
Net Profit Growth
-3.96
Lower than Peers by 9.21
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-3.96
|
26.04
|
30.09
|
-43.53
|
14.16
|
|
Peer Median
|
5.25
|
--
|
--
|
--
|
--
|
EPS Growth
1.77
Lower than Peers by 15.35
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
1.77
|
0.29
|
0.36
|
-0.40
|
0.15
|
|
Peer Median
|
17.12
|
--
|
--
|
--
|
--
|
Book Value Growth
-9.25
Lower than Peers by 20.18
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
-9.25
|
--
|
--
|
--
|
--
|
|
Peer Median
|
10.93
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
0.30
|
0.13
|
0.05
|
0.06
|
|
Peer Median
|
0.96
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.03
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
0.03
|
0.03
|
0.00
|
0.03
|
0.02
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.01
Higher than Peers by 0.24
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
2.01
|
1.98
|
1.91
|
1.91
|
2.10
|
|
Peer Median
|
1.77
|
--
|
--
|
--
|
--
|
Quick Ratio
1.71
Higher than Peers by 0.40
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
1.71
|
1.71
|
1.62
|
1.67
|
1.78
|
|
Peer Median
|
1.31
|
--
|
--
|
--
|
--
|
Interest Coverage
--
--
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
--
|
--
|
--
|
-136.11
|
|
Peer Median
|
3.15
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
28.16
Higher than Peers by 11.65
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
28.16
|
24.67
|
19.26
|
13.16
|
11.52
|
|
Peer Median
|
16.51
|
--
|
--
|
--
|
--
|
Asset Turnover
0.87
Higher than Peers by 0.35
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
0.87
|
1.10
|
1.30
|
1.10
|
1.19
|
|
Peer Median
|
0.52
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
86.22
|
57.40
|
52.52
|
46.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
47.05
|
32.42
|
34.32
|
50.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
116.90
|
81.48
|
67.19
|
45.66
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
16.37
|
8.34
|
19.65
|
51.47
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
-7.48
|
-9.28
|
-2.99
|
-7.69
|
|
Peer Median
|
60.13
|
--
|
--
|
--
|
--
|
Price / Book Value
2.35
Lower than Peers by 4.83
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
2.35
|
1.70
|
2.60
|
1.18
|
1.67
|
|
Peer Median
|
7.18
|
--
|
--
|
--
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
150.37
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
150.37
|
-18.57
|
-14.44
|
-3.56
|
-11.70
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
65
Lower than Peers by 836
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Airgain (AIRG)
|
65
|
--
|
--
|
--
|
--
|
|
Peer Median
|
902
|
--
|
--
|
--
|
--
|