Applied Energetics AERG

OTC AERG
$0.78 -0.04 (-4.88%)
At close: Oct 15, 2026 · 4:00 PM EDT

Applied Energetics (AERG) stock price is $0.78, down 4.88% on the day, as of Oct 15, 2026. It has a market cap of $196.56Mn, and is classified in the Defense industry (Industrials sector).

Key Stats
Market Cap196.56 Mn
P/E-12.21
P/S626.05
Div. Yield0.00
Revenue Growth (1y) (Qtr)-11.85
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About

Applied Energetics, Inc. specializes in advanced laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. The company develops directed energy solutions that deliver high-intensity, ultrashort pulses of light to disable or destroy targets or disrupt missions. Its technologies serve both national security and commercial markets, with applications in biomedical and advanced manufacturing industries. Applied Energetics generates revenue…

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Sector: Industrials Sector rationale The company designs and manufactures high-intensity laser systems (LGE and LIPC) used for directed energy and national security, which falls under the Defense and Space industries within Industrials. Its primary customers are U.S. government agencies like the Department of War and Department of Homeland Security, and it competes directly with major defense contractors like Lockheed Martin and Raytheon. Industries: Defense Defense Primary The company develops directed energy solutions and ultrashort pulse laser systems specifically to disable targets or disrupt missions for national security. Its primary customers are U.S. government agencies, including the Department of War and the Department of Homeland Security. Industrial Machinery Industrial Machinery Secondary The company targets commercial opportunities in the advanced manufacturing sector, selling its laser technologies for industrial applications. Classified using BQ-MICS CIK: 0000879911
Peer percentiles

How Applied Energetics ranks

Ranked against the 107 companies in Aerospace and Defense58 metrics · as of Oct 16, 2026

Valuation

12 metrics · Lower multiples rank higher; a negative multiple ranks last
  • P/ENegative earnings −11.1xMedian 25.4x 35th
  • P/FCFNegative free cash flow −17.3xMedian 24.6x 32nd
  • P/Operating cash flowNegative operating cash flow −17.5xMedian 21.4x 29th
  • P/S 572xMedian 3.13x 1st
  • P/B 82.1xMedian 2.36x 1st
  • P/Tangible book 82.1xMedian 2.86x 1st
  • EV/EBITDANegative EBITDA −11.4xMedian 14.5x 27th
  • EV/EBITNegative EBIT −11.0xMedian 20.1x 33rd
  • EV/Revenue 568xMedian 3.21x 1st
  • EV/FCFNegative free cash flow −17.1xMedian 26.7x 30th
  • EV/Operating cash flowNegative operating cash flow −17.4xMedian 22.0x 27th
  • PEG (3Y EPS CAGR)Negative earnings 0.33Median 1.02 Not meaningful —
Peer group

Peer Comparison

Companies in the Defense
View all peers
S.No. Ticker Company Market CapP/EP/STotal Debt (Qtr)
1 GE General Electric Co 324.11 Bn36.126.4019.16 Bn
2 RTX RTX Corp 259.48 Bn33.532.7837.38 Bn
3 BA Boeing Co 151.52 Bn72.501.6145.90 Bn
4 LMT Lockheed Martin Corp 126.52 Bn20.121.6420.54 Bn
5 GD General Dynamics Corp 92.31 Bn20.571.687.52 Bn
6 HWM Howmet Aerospace Inc. 88.22 Bn47.179.684.50 Bn
7 MSI Motorola Solutions, Inc. 76.09 Bn35.666.229.03 Bn
8 AERG Applied Energetics, Inc. 0.20 Bn-12.21626.05-