AAOI vs FKWL vs FOXX Stock Comparison

Applied Optoelectronics, Franklin Wireless and Foxx Development Holdings Prices as of Nov 5, 2026 Peers: Industry group
1 more company in this comparison (ERIC) Create a free account to keep reading and compare up to 10 companies.
FKWL Franklin Wireless Corp
$2.23 -2.6% 1M -55.9% 1Y
Market cap
$25.22M
P/E
–
Revenue (TTM)
$36.51M
Div. yield
–
Networking Equipment Technology
3 wins

Head to Head

9 decided of 12

Applied Optoelectronics leads on 5 of the 12 questions below (Applied Optoelectronics 5, Franklin Wireless 3, Foxx Development Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAAOIFKWLFOXXLeader
Larger companyMarket capitalisation $4.18B $25.22M $12.67M AAOI
Cheaper on earningsLower P/E, profitable companies only -127.6x -5.3x -0.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 66.0x 55.8x — FKWL
Faster revenue growthRevenue growth, trailing twelve months +77.2% -20.8% -20.2% AAOI
More profitableNet margin, trailing twelve months -4.4% -13.0% -100.2% AAOI
Better return on capitalReturn on invested capital -2.3% — — –
Less leveragedLower net debt / EBITDA 68.1x — 0.0x FOXX
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +48.8% -55.9% -47.4% AAOI
Better 5-year returnAnnualised price return, 5 years +51.6%/yr -15.7%/yr — AAOI
Less volatileAnnualised volatility, 1 year 141.5% 32.7% 148.5% FKWL
Higher overall scoreMean of the five percentile scores vs peers 33/100 37/100 15/100 FKWL

Percentile Scorecard

AAOIFKWLFOXX

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAAOIFKWLFOXX
Valuation 14 #96 of 112 29 #80 of 112 19 #91 of 112
Growth 64 #40 of 108 1 #107 of 108 10 #97 of 108
Profitability 18 #85 of 104 16 #88 of 104 19 #84 of 104
Financial Health 63 #44 of 116 64 #42 of 116 10 #105 of 116
Shareholder Returns 4 #80 of 83 73 #23 of 83 –
Overall 33 37 15
  • AAOI ranked among 121 companies in Computer Hardware
  • FKWL ranked among 121 companies in Computer Hardware
  • FOXX ranked among 121 companies in Computer Hardware

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAAOIFKWLFOXXSPY
1 month -64.0%-2.6%-22.4% -5.9%
3 months -62.3%-1.8%-26.4% -4.6%
6 months -70.2%-35.5%-61.3% +0.2%
Year to date +34.5%-49.0%-60.3% +7.5%
1 year +48.8%-55.9%-47.4% +8.2%
3 years +383.9%-23.9%-83.2% +68.3%
3 years, per year +69.2%-8.7%-44.9% +19.0%
5 years +700.2%-57.3%— +56.5%
5 years, per year +51.6%-15.7%— +9.4%
10 years +116.6%-4.3%— +251.5%
10 years, per year +8.0%-0.4%— +13.4%

Risk

MeasureAAOIFKWLFOXXSPY
Volatility, 1Y 141.5%32.7%148.5% 13.6%
Downside volatility, 1Y 132.3%36.6%129.5% 14.2%
Beta vs S&P 500, 1Y 4.37-0.260.68 1.00
Return / volatility, 1Y 0.34-1.71-0.32 0.60
Max drawdown, 5Y -79.0%-69.5%-87.3% -25.4%
From 52-week high -79.0%-56.9%-69.8% -5.9%
52-week high $223.10$5.18$6.09 $779.14
52-week low $19.49$2.12$1.71 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAAOIFKWLFOXX
P/E now vs peer median -122.1xmedian 25.2x -5.5xmedian 25.2x -0.2xmedian 25.2x
P/S now vs peer median 5.7xmedian 2.4x 0.7xmedian 2.4x 0.2xmedian 2.4x
EV/EBITDA now vs peer median -463.5xmedian 16.2x —median 16.2x -0.3xmedian 16.2x
P/FCF now vs peer median -4.8xmedian 23.4x -4.2xmedian 23.4x -32.5xmedian 23.4x
P/B now vs peer median 1.9xmedian 2.3x 0.9xmedian 2.3x -0.2xmedian 2.3x
PEG now vs peer median -2.91median 0.98 0.30median 0.98 —median 0.98

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAAOIFKWLFOXX
Revenue $747.22M $36.51M $52.58M
Gross profit $215.22M $6.26M $1.69M
Operating income -$50.66M -$2.68M -$43.90M
Net income -$32.78M -$6.92M -$52.69M
Free cash flow -$883.41M -$6.33M -$400.00K
R&D $124.46M $3.23M $2.93M
EPS (diluted) $-0.37 $-0.40 $-7.61
Cash & equivalents $605.41M – $1.47M
Total debt $59.99M – $77.85K
Shares (diluted) 87.84M 11.78M 6.92M
Enterprise value $2.43B -$98.61M $4.75M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAAOIFKWLFOXX
P/E -122.1x -5.5x -0.2x
P/FCF -4.8x -4.2x -32.5x
P/Operating cash flow -40.1x -4.2x -32.5x
P/S 5.7x 0.7x 0.2x
P/B 1.9x 0.9x -0.2x
P/Tangible book 1.9x 0.9x -0.2x
EV/EBITDA -463.5x – -0.3x
EV/EBIT -73.2x -2.9x -0.3x
EV/Revenue 5.0x 0.2x 0.2x
EV/FCF -4.2x -1.2x -29.1x
EV/Operating cash flow -34.9x -1.2x -29.1x
PEG (3Y EPS CAGR) -2.91 0.30 –

Growth

14 metrics
MetricAAOIFKWLFOXX
Revenue growth (1Y) 77.2% -20.8% -20.2%
Revenue CAGR (3Y) 50.6% -7.4% –
Gross profit growth (1Y) 74.0% -21.0% -64.6%
Gross profit CAGR (3Y) 70.3% -3.8% –
Operating income growth (1Y) -2.2% 6.5% -352.6%
Operating income CAGR (3Y) 2.8% -4.5% –
Net income growth (1Y) 79.0% -4,827% -484.1%
Net income CAGR (3Y) 19.3% -32.9% –
EPS growth (1Y) 84.8% -1,851% -418.9%
EPS CAGR (3Y) 41.9% -18.2% –
Operating cash flow growth (1Y) 37.3% -441.4% 93.9%
Operating cash flow CAGR (3Y) -101.6% -49.6% –
Free cash flow growth (1Y) -192.6% -449.2% 94.0%
Free cash flow CAGR (3Y) -275.9% -48.6% –

Profitability

14 metrics
MetricAAOIFKWLFOXX
Gross margin 28.8% 17.1% 3.2%
EBITDA margin -1.1% – -83.4%
Operating margin -6.8% -7.3% -83.5%
Pretax margin -4.9% -19.3% -100.2%
Net margin -4.4% -13.0% -100.2%
FCF margin -118.2% -17.3% -0.8%
Operating cash flow margin -14.2% -17.2% -0.8%
Return on equity -1.7% -20.7% –
Return on assets -1.2% -14.3% -200.8%
Return on invested capital -2.3% – –
Return on capital employed -2.5% -8.1% –
Asset turnover 0.3x 0.8x 2.0x
Cash conversion (OCF / net income) 3.2x 0.9x 0.0x
Stock comp / revenue 2.4% – 2.4%

Financial Health

11 metrics
MetricAAOIFKWLFOXX
Debt / assets 1.9% – 0.3%
Debt / equity 0.0x – 0.0x
Net debt / EBITDA 68.1x – 0.0x
Debt / FCF -0.1x – -0.2x
Liabilities / assets 28.5% 34.2% 333.4%
Equity / assets 71.5% 65.8% -233.4%
Interest coverage -13.1x – -5.0x
Current ratio 2.3x 2.7x 0.3x
Quick ratio 1.5x 1.4x 0.2x
Cash ratio 0.9x 1.2x 0.0x
Altman Z-score 3.15 2.84 -9.56

Shareholder Returns

7 metrics
MetricAAOIFKWLFOXX
Dividend yield – 1.8% –
Net buyback yield -41.5% – –
Shareholder yield -41.5% 1.8% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAAOIFKWLFOXX
Forward P/E 66.0xFY2026 55.8xFY2027 –
EPS, next fiscal year $0.71FY2026 $0.04FY2027 –
EPS growth, the year after +646.5% -50.0% –
Revenue, next fiscal year $994.70MFY2026 $46.08MFY2027 –
Revenue growth, next FY +118.3%FY2026 +26.2%FY2027 –
Revenue growth, the year after +185.6% +19.3% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAAOIFKWLFOXX
Held by institutions 60.5% 13.1% 1.0%
Institutions holding 482 19 10
Change in shares held, QoQ -3.5% +38.6% +10.8%
Institutions buying 313 9 5
Institutions selling 144 3 2
Buyers to sellers 2.17 3.00 2.50

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AAOIFKWLFOXX
AAOI 1.00 0.02 0.05
FKWL 0.02 1.00 0.02
FOXX 0.05 0.02 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AAOI, FKWL and FOXX?

Applied Optoelectronics (AAOI) is the largest by market capitalisation: Applied Optoelectronics (AAOI) $4.18B, Franklin Wireless (FKWL) $25.22M, Foxx Development Holdings (FOXX) $12.67M.

Which company is growing faster?

Applied Optoelectronics (AAOI) grew revenue fastest over the trailing twelve months: Applied Optoelectronics (AAOI) +77.2%, Franklin Wireless (FKWL) -20.8%, Foxx Development Holdings (FOXX) -20.2%.

Which company is more profitable?

Applied Optoelectronics (AAOI) has the highest net margin (Applied Optoelectronics (AAOI) -4.4%, Franklin Wireless (FKWL) -13.0%, Foxx Development Holdings (FOXX) -100.2%).

Which stock has performed better?

Over the past year Applied Optoelectronics (AAOI) returned the most: Applied Optoelectronics (AAOI) +48.8%, Franklin Wireless (FKWL) -55.9%, Foxx Development Holdings (FOXX) -47.4%. Over five years, Applied Optoelectronics (AAOI) compounded fastest (Applied Optoelectronics (AAOI) +51.6%/yr, Franklin Wireless (FKWL) -15.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Franklin Wireless (FKWL) has been the steadiest (Applied Optoelectronics (AAOI) 141.5%, Franklin Wireless (FKWL) 32.7%, Foxx Development Holdings (FOXX) 148.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AAOI, FKWL and FOXX?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Applied Optoelectronics (AAOI) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.