Acacia Research Corporation

NASDAQ•ACTG

CEO: Mr. Martin D. McNulty Jr.

セクター: Industrials

業種: Specialty Business Services

上場日: 2002-12-16

Acacia Research Corporation focuses on acquiring and managing companies across technology, energy, and industrials verticals. The company operates through three segments, Intellectual Property Operations, Industrial Operations, and Energy Operations. The Intellectual Property Operations segment invests in IP and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The Industrial Operations segment designs and manufactures printers and consumable products for various industrial printing applications. The Energy Operations segment engages in the acquisition, exploration, development, and production of oil and natural gas resources located in Texas and Oklahoma. Acacia Research Corporation was incorporated in 1993 and is headquartered in New York, New York.

連絡先情報

767 Third Avenue, 6th Floor, New York, NY, 10017, United States

332-236-8500

www.acaciaresearch.com

時価総額

$486.24M

PER (TTM)

22.4

32.8

配当利回り

52週高値

$5.21

52週安値

$2.70

52週レンジ

93%

順位46Top 59.5%

3.5

F-Score

改良版 Piotroski 分析

10年ファンダメンタル

弱い • 3.5 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2016-2025

財務ダッシュボード

Q4 2025 データ

売上高

$50.13M+0.00%

直近4四半期の推移

EPS

$0.04+0.00%

直近4四半期の推移

フリーCF

$6.82M+0.00%

直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Significant Revenue and Profit Turnaround Total revenues surged 133% to $285.2M in 2025; achieved net income of $21.7M, reversing prior $36.1M loss.

Intellectual Property Revenue Milestone Generated cumulative gross licensing revenue of approximately $1.9B; returned $898.2M to patent partners through 2025.

Energy Reserves Increased 31% Benchmark proved reserves grew 31% to 33,003 MBoe by year-end 2025, driven by development plan adoption.

Manufacturing Revenue Boost Manufacturing operations revenue increased $91.6M due to full year impact from Deflecto acquisition in Q4 2024.

リスク要因

Acquisition Integration Challenges Remain Success depends on timely integration and realizing synergies; integration costs could exceed anticipated benefits materially.

Energy Price Volatility Exposure Declining oil/gas prices could render assets uneconomic, leading to asset write-downs and impacting borrowing base capacity.

Patent Litigation Cost Uncertainty Patent enforcement is costly and complex; adverse rulings or appeals could exhaust resources and impair asset monetization.

Starboard Voting Power Concentration Starboard controls 63.4% voting power, potentially conflicting with other stockholders' interests regarding corporate decisions.

見通し

Focus on Value-Oriented Acquisitions Continue disciplined strategy focusing on acquiring undervalued businesses across industrial, energy, and technology sectors.

Benchmark Development Plan Execution Benchmark adopted 2026 development plan; first horizontal well spud in December 2025 expected to produce in Q1 2026.

Opportunistic IP Capital Deployment Remain open to deploying additional capital into the IP business as attractive patent portfolio opportunities become available.

Internal Control Weakness Remediation Material weakness related to Benchmark ITGCs was remediated by year-end 2025; controls deemed effective as of 12/31/2025.

同業比較

売上高 (TTM)

SPIR

$15.88B

+14278.1%

QUAD

$2.42B

-9.4%

WNC

$1.54B

-20.8%

粗利益率 (最新四半期)

ACTG

85.6%

+75.9pp

SBC

69.0%

-12.5pp

SPIR

40.6%

-7.9pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
KODK	$657.79M	-5.6	-16.5%	15.1%
ACTG	$486.24M	22.4	4.0%	13.0%
PANL	$454.17M	22.9	4.6%	40.1%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-26.1%

成長鈍化

4四半期純利益CAGR

-48.0%

収益性の低下

キャッシュフロー安定性

100%

優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年5月6日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし