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Acacia Research CorporationACTGCompetitor analysis, valuation and peers

United States · USD·Financials›Miscellaneous Commercial Services
Momentum weak 38
Mkt cap
$415M
US dollars, full cap
Free float
98%
of shares outstanding
$/day
$713,646
20-day average traded
P/B
0.62×
price to book
ROE
-2.8%
delivered
Implied ROE
6.0%
what the price asks
Next earnings
132 days
18 Mar 2027
Close · USD$4.25
1D+0.2%
1W-1.9%
1M-3.2%
3M-10.9%
6M-8.8%
YTD+13.6%
1Y+17.4%
ATR %3.6%
Beta0.51
52w lowhigh19.4% off high

What Acacia Research does

Employees: 1,062

Acacia Research at a glance

Size Acacia Research (ACTG) is a United States Financials company (Miscellaneous Commercial Services) with a market value of $415M, the 2834th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.25 on 6 Nov 2026.

Performance Over six months the shares fell 8.8%, against +13.7% for the median peer and -1.1% for the United States market (cap-weighted) — 4th lowest of 8 in its peer set.

Growth Revenue grew 12.3% over the last twelve months (peer median +12.2%); the operating margin is -7.0% (peer median 17.0%).

Valuation It trades at 0.62× book value against a peer median of 0.75× (3rd cheapest of 7).

Price implies The share price implies a return on equity of about 6.0%; Acacia Research delivers -2.8%, so the price asks more than the business earns today.

Short interest Short interest is 1.7% of the free float (15 Oct 2026).

Next results Next results expected around 18 Mar 2027 (exchange calendar; dates can move).

Relative performance

9010011012011 May 202611 Aug 20266 Nov 2026Peer median 116ACTG 92
Six months, rebased to 100: Acacia Research against the median of its 7 peers (local-currency closes).

Acacia Research financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$278M$285M$122M$125M$59.2M
Revenue growth—+133%-2%+111%—
Gross profit$61.7M$84.5M$29.7M$72.3M$21.8M
EBITDA$18.8M$51.5M$1.63M$35.9M-$26.6M
Net income-$15.0M$21.7M-$36.1M$63.1M-$125M
Free cash flow$2.62M$58.5M-$98.5M-$22.7M-$38.1M
Capital expenditure$29.1M$16.7M$163M$6.19M$5.73M
Total debt$102M$105M$124M$13.5M$63.9M

Quarterly statements and history in the cockpit →

Acacia Research competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%+150%0%+100%RPAYPRAAPSFECASSPAYSPICSKPLTACTG6-month return →1-month return →
Up and to the right = strong over both horizons. Acacia Research is the large dot.

Fundamentals: return on equity against price-to-book

-20%0%20%00×50×100×RPAYPRAAPSFECASSPAYSPICSACTGReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Acacia Research is the large dot.

Capital: ROE delivered against the ROE the price implies

0%50%0%50%RPAYPRAAPSFECASSPAYSPICSACTGROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Acacia Research is the large dot.

Acacia Research competitors and peer comparison

How Acacia Research compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Acacia Research against its 7 peers (data as of 6 Nov 2026)
MeasureACTGPeer medianRank in peer set
1-month return-3.2%+0.4%3rd lowest of 8
6-month return-8.8%+13.7%4th lowest of 8
Return on equity-2.8%-3.0%4th highest of 7
Price / book0.62×0.75×3rd cheapest of 7
ROE the price implies6.0%12.1%least demanding of 7
ROE delivered-2.8%-3.1%4th highest of 7

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Acacia Research ACTGUnited States$415M-9%+12%-3%0.62×6.0%-2.8%
Repay RPAYUnited States$388M+24%+9%-30%0.77×11.9%-30.3%
PRA PRAAUnited States$486M-33%+12%-22%0.47×6.6%-22.3%
Paysafe PSFEUnited States$349M-28%+5%-30%0.60×9.5%-30.3%
Cass Information Systems CASSUnited States$694M+14%+2%16%3.06×15.3%16.2%
Paysign PAYSUnited States$829M+155%+47%31%13.78×92.0%30.8%
PicS PICSUnited States$889M-44%+89%31%0.73×12.3%30.5%
Katapult KPLTUnited States$939M+64%+13%n/an/an/an/a

Questions

Which companies are Acacia Research's closest peers?
The cockpit's peer set: Repay (RPAY), PRA (PRAA), Paysafe (PSFE), Cass Information Systems (CASS), Paysign (PAYS), PicS (PICS), Katapult (KPLT).
Is Acacia Research expensive compared with its peers?
On price / book it trades at 0.62× against a peer median of 0.75×, 3rd cheapest of 7 in its peer set. The share price implies a return on equity of about 6.0%; Acacia Research delivers -2.8%, so the price asks more than the business earns today.
How has Acacia Research stock performed?
Over six months to 6 Nov 2026 the shares returned -8.8% against +13.7% for the median peer; over one year +17.4%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.