Stocktoria

Aqua Metals, Inc. AQMS

Nasdaq · stock · Secondary Smelting & Refining of Nonferrous Metals · website · IPO 2015-07-31 · LEI

Aqua Metals, Inc. (AQMS) earns a Piotroski F-score of 2/9 (weak financial health). It does not currently pay a dividend.

Chart by TradingView
22/100
Stocktoria Quality Score · grade D
2/9
Piotroski F — financial health
Altman Z″ — distress risk
Dividend yield · no dividend

Quality score trend · recomputed for each fiscal year

Piotroski F /9
3 2 2 3 2 4 2 4 2 2 2016201720182019202020212022202320242025
Altman Z″
3.75 1.28 -4.35 -6.22 -9.22 -14.85 -18.63 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$2.69 as of 2026-08-01 · -29.6% 1y
$2.53$8.1252-wk
Market cap USD$10M
Net margin 5y avg-164014.4%
Return on equity 5y avg-107.2%
Beta0.24
Employees11

Analyst price target

$12.00 +346.1% vs last
· 1 analysts
target range $12.00 – $12.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 9y · up

How it ranks in Manufacturing · percentile among 1957 companies

Piotroski Fstronger than 12%
Return on equitystronger than 12%

Percentile vs other Manufacturing companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 2/9 tests passed

Sector peers · similar-size Manufacturing companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
AQMSAqua Metals, Inc.2/9
CSTMCONSTELLIUM SE7/915.8+15.2%
VFSVinFast Auto Ltd.4/9-13.01+57.9%
TMTOYOTA MOTOR CORP/7/92.55-1%
HMCHONDA MOTOR CO LTD6/92.79+19.9%
SONYSony Group Corp6/90.86+9%
CAJFFCANON INC6/9+14.7%

All Manufacturing companies →

About Aqua Metals, Inc.

Aqua Metals, Inc. develops recycling and refining technologies for the recovery of critical minerals and metals in the United States. It engages in the development of AquaRefining process, an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system. The company serves Metals and Lithium Battery markets. Aqua Metals, Inc. was incorporated in 2014 and is headquartered in Reno, Nevada.

FAQ

Is AQMS financially healthy?

Aqua Metals, Inc.'s Piotroski F-score is 2/9 (8–9 is excellent, 0–3 weak).

Does AQMS pay a dividend?

No, Aqua Metals, Inc. does not currently pay a dividend.

How profitable is AQMS?

In FY2025, Aqua Metals, Inc. had a return on equity of -153.3%.

What is the analyst price target for AQMS?

The average Wall-Street price target for Aqua Metals, Inc. is $12.00, about 346.1% above the recent price, from 1 analysts.

Is AQMS a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Aqua Metals, Inc.: a Piotroski F-score of 2/9. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.