ASTI (Ascent Solar Technologies) ROE %: -86.69% (As of Mar. 2026)


ASTI Ascent Solar Technologies Inc ASTI
30 GF Score
Price $5.03
GF Value $0.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ascent Solar Technologies ROE %?

Ascent Solar Technologies ASTI -6.69% 30 ROE % is -86.69% as of Mar. 2026. GuruFocus rates ASTI with a GF Score™ of 30/100 and a GF Value™ of $0.25 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,004 Semiconductors companies, Ascent Solar Technologies ranks worse than 98.8% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ascent Solar Technologies's annualized net income for the quarter that ended in Mar. 2026 was $-8.71 Mil. Ascent Solar Technologies's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $10.05 Mil. Therefore, Ascent Solar Technologies's annualized ROE % for the quarter that ended in Mar. 2026 was -86.69%.

The historical rank and industry rank for Ascent Solar Technologies's ROE % or its related term are showing as below:

ASTI' s ROE % Range Over the Past 10 Years
Min: -2255.14   Med: -1050.74   Max: -144.94
Current: -144.94

During the past 13 years, Ascent Solar Technologies's highest ROE % was -144.94%. The lowest was -2,255.14%. And the median was -1,050.74%.

ASTI's ROE % is ranked worse than
98.8% of 1004 companies
in the Semiconductors industry
Industry Median: 4.55 vs ASTI: -144.94

Ascent Solar Technologies  (NAS:ASTI) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8.708/10.0455
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-8.708 / 0.208)*(0.208 / 13.0435)*(13.0435 / 10.0455)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4186.54 %*0.0159*1.2984
=ROA %*Equity Multiplier
=-66.57 %*1.2984
=-86.69 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-8.708/10.0455
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-8.708 / -8.708) * (-8.708 / -9.048) * (-9.048 / 0.208) * (0.208 / 13.0435) * (13.0435 / 10.0455)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9624 * -4350 % * 0.0159 * 1.2984
=-86.69 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Ascent Solar Technologies ROE % Related Terms


Ascent Solar Technologies ROE % Historical Data

* Premium members only.

The historical data trend for Ascent Solar Technologies's ROE % 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.

Ascent Solar Technologies ROE % Chart

Ascent Solar Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -2,255.14 -1,116.05 -985.43 -233.19

Ascent Solar Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -224.81 -274.83 -265.83 -276.64 -86.69

ASTI vs PN, SPRU, FTCI: ROE % Comparison

For the Solar subindustry, Ascent Solar Technologies's ROE %, along with its competitors' market caps and ROE % 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.


Ascent Solar Technologies ROE % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ascent Solar Technologies's ROE % distribution charts can be found below:

* The bar in red indicates where Ascent Solar Technologies's ROE % falls into.


ASTI
30GF Score
Ascent Solar Technologies Inc ASTI
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ascent Solar Technologies ROE % Calculation

Ascent Solar Technologies's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-7.833/( (3.38+3.338)/ 2 )
=-7.833/3.359
=-233.19 %

Ascent Solar Technologies's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-8.708/( (3.338+16.753)/ 2 )
=-8.708/10.0455
=-86.69 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -86.69% mean?
Ascent Solar Technologies (ASTI) has a ROE % of -86.69% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ascent Solar Technologies and its competitors. According to the industry distribution chart, Ascent Solar Technologies ranks #992 out of 1004 companies in the Semiconductors industry, placing it in the top 98.8%.
Is Ascent Solar Technologies' ROE % too high?
Ascent Solar Technologies' current ROE % is -86.69%. Based on the distribution chart, Ascent Solar Technologies ranks #992 out of 1004 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Ascent Solar Technologies has a GF Score™ of 30/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ascent Solar Technologies' ROE % compare to PN and SPRU?
According to the Semiconductors industry distribution chart, Ascent Solar Technologies ranks #992 out of 1004 companies for ROE %. This places Ascent Solar Technologies in the lower half of its industry. The industry median ROE % is 4.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Semiconductors company?
The median ROE % among Semiconductors companies is 4.55, based on 1,004 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Ascent Solar Technologies and its competitors. For the Semiconductors industry, the median ROE % is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascent Solar Technologies's current ROE % is -86.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascent Solar Technologies stock overvalued right now?
Based on GuruFocus' analysis, Ascent Solar Technologies (ASTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.25, compared to a current price of $5.03 — trading 1912% above its estimated fair value. The current ROE % is -86.69%. Ascent Solar Technologies' overall GF Score™ is 30/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Ascent Solar Technologies (ASTI), the current ROE % is -86.69% as of Mar. 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.

Is Ascent Solar Technologies (ASTI) Overvalued in 2026?

Based on GuruFocus' analysis, Ascent Solar Technologies stock appears to be overvalued. The current stock price of $5.03 is trading 1912% above its estimated GF Value™ of $0.25. GuruFocus considers Ascent Solar Technologies to be Significantly Overvalued.

Key valuation signals for ASTI:

  • ROE %: -86.69%
  • GF Value™: $0.25 vs. price of $5.03 (1912% above fair value)
  • GF Score™: 30/100 with 6 warning signs

No single metric tells the full story. See the ASTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ascent Solar Technologies Business Description

Other Exchanges A8M:Germany
Address 12300 Grant Street, Thornton, CO, USA, 80241
Ascent Solar Technologies Inc is a solar technology company that manufactures and sells photovoltaic (PV) solar modules that are flexible, durable, and possess attractive power to weight and power to area performance. Its technology provides renewable power solutions to high-value production and specialty solar markets where traditional rigid solar panels are not suitable, including space power beaming, aerospace, satellites, near earth orbiting vehicles, fixed wing unmanned aerial vehicles (UAV), aquatic, terrestrial, and other weight-sensitive markets with transformational high quality, value added product applications. It operates in single PV segment that sells PV products and engineering services and currently, is selling it in North America.
30GF Score

Get the complete analysis for ASTI

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.03
Price
$0.25
GF Value