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Aqua MetalsAQMS -0.67%21 Intrinsic Value: Projected FCF is $-48.74 as of Sep. 15, 2026. GuruFocus rates AQMS with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 128 Waste Management companies, Aqua Metals ranks worse than 781249.22% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-09-15), Aqua Metals's Intrinsic Value: Projected FCF is $-48.74. The stock price of Aqua Metals is $2.27. Therefore, Aqua Metals's Price-to-Intrinsic-Value-Projected-FCF of today is 0.0.
The historical rank and industry rank for Aqua Metals's Intrinsic Value: Projected FCF or its related term are showing as below:
AQMS's Price-to-Projected-FCF is not ranked *
in the Waste Management industry.
Industry Median: 1.305 * Ranked among companies with meaningful Price-to-Projected-FCF only.
Aqua Metals (NAS:AQMS) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Aqua Metals's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
2.27
/
-45.653502708524
=
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Aqua Metals Intrinsic Value: Projected FCF Related Terms
Aqua Metals Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Aqua Metals's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AQMS vs AWX, OCLN, DXST: Intrinsic Value: Projected FCF Comparison
For the Waste Management subindustry, Aqua Metals's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Aqua Metals Price-to-Projected-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Aqua Metals's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Aqua Metals's Price-to-Projected-FCF falls into.
Aqua Metals Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Intrinsic Value: Projected FCF of $-48.74 mean?
Aqua Metals (AQMS) has a Intrinsic Value: Projected FCF of $-48.74 as of Sep. 15, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Aqua Metals and its competitors. According to the industry distribution chart, Aqua Metals ranks #999999 out of 128 companies in the Waste Management industry.
Is Aqua Metals' Intrinsic Value: Projected FCF too high?
Aqua Metals' current Intrinsic Value: Projected FCF is $-48.74. Based on the distribution chart, Aqua Metals ranks #999999 out of 128 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Aqua Metals has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Intrinsic Value: Projected FCF compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #999999 out of 128 companies for Intrinsic Value: Projected FCF. This places Aqua Metals in the lower half of its industry. The industry median Intrinsic Value: Projected FCF is 1.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for a Waste Management company?
The median Intrinsic Value: Projected FCF among Waste Management companies is 1.31, based on 128 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Aqua Metals and its competitors. For the Waste Management industry, the median Intrinsic Value: Projected FCF is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Intrinsic Value: Projected FCF is $-48.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Intrinsic Value: Projected FCF of $-48.74. The current Intrinsic Value: Projected FCF is $-48.74. Aqua Metals' overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Aqua Metals (AQMS), the current Intrinsic Value: Projected FCF is $-48.74 as of Sep. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
21GF Score
Get the complete analysis for AQMS
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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