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← CockpitCompetitor Analysis › NANO Forge Nano Holdings, Inc.Open in the cockpit ↗

Forge Nano Holdings, Inc.NANOCompetitor analysis, valuation and peers

United States · USD·Industrials›Industrial Machinery
Mkt cap
$545M
US dollars, full cap
$/day
$1.95M
20-day average traded
P/B
1.28×
price to book
ROE
-79.9%
delivered
Implied ROE
12.7%
what the price asks
Close · USD$4.24
1D+4.4%
1W+2.9%
1Mn/a
3Mn/a
6Mn/a
YTDn/a
1Yn/a
ATR %28.9%
52w lowhigh64.5% off high

What Forge Nano does

Employees: 2

Forge Nano at a glance

Size Forge Nano (NANO) is a United States Industrials company (Industrial Machinery) with a market value of $545M, the 2636th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.24 on 6 Nov 2026.

Valuation It trades at 1.28× book value against a peer median of 2.20× (5th cheapest of 21).

Price implies The share price implies a return on equity of about 12.7%; Forge Nano delivers -79.9%, so the price asks more than the business earns today.

Forge Nano financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024
Revenue$0$0$0
Revenue growth———
Gross profit$0$0$0
EBITDA-$1.90M-$785,980-$78,700
Net income-$131M$7.99M-$78,700
Free cash flow-$1.26M-$739,050$0
Capital expenditure$0$0$0
Total debt$0$0$192,033

Quarterly statements and history in the cockpit →

Forge Nano 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.

Fundamentals: return on equity against price-to-book

-60%-40%-20%0%20%20×40×60×80×00053268821163323002300013063010796349LCL300228PRVGMMPFAUDLR002871688218603956603912603106NANOReturn 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. Forge Nano is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%-50%0%00053268821163323002300013063010790028716882186885586039566254NANOROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Forge Nano is the large dot.

Forge Nano competitors and peer comparison

How Forge Nano 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.

Forge Nano against its 20 peers (data as of 6 Nov 2026)
MeasureNANOPeer medianRank in peer set
Return on equity-79.9%5.7%lowest of 21
Price / book1.28×2.20×5th cheapest of 21
ROE the price implies12.7%20.4%6th least demanding of 21
ROE delivered-79.9%5.7%lowest of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Forge Nano NANOUnited States$545Mn/an/a-80%1.28×12.7%-79.9%
Zhuhai Huajin Capital 000532.SZChina$545M-17%+8%9%2.16×16.2%9.3%
Wayz Intelligent Manufacturing Technology 688211.SSChina$545M-18%+25%0%1.04×10.3%-0.5%
Tsukishima 6332.TJapan$547M-30%+8%17%0.89×8.3%17.5%
Shanghai Yongli Belting 300230.SZChina$544M-11%+13%6%1.12×8.2%5.8%
Zhejiang XiaSha Precision Manufacturing 001306.SZChina$553M-16%+9%-9%2.90×25.1%-8.8%
Shaoyang Victor Hydraulics 301079.SZChina$555M-21%+20%2%7.62×43.0%2.4%
Komori 6349.TJapan$536M+9%+4%6%0.70×5.8%5.7%
Lohia LCL.NSIndia$556Mn/a+24%43%7.85×52.9%n/a
Zhangjiagang Furui Special Equipment 300228.SZChina$533M-36%-12%6%1.42×12.2%5.9%
Higa 603150.SSChina$532M-32%+76%6%2.04×19.9%5.6%
Porvair PRV.LUnited Kingdom$532M+15%+3%11%2.28×14.9%11.3%
GMM Pfaudler GMMPFAUDLR.NSIndia$532M+22%+14%5%4.16×36.2%n/a
Qingdao Weflo Valve 002871.SZChina$530M-24%+17%13%3.17×36.6%12.7%
Jiangsu Beiren Smart Manufacturing Technology 688218.SSChina$562M-5%-10%-5%4.25×36.3%-4.6%
Nantong Guosheng Intelligence Technology 688558.SSChina$562M-20%+17%10%2.17×25.1%10.1%
WPG (Shanghai) Smart Water Public 603956.SSChina$563M+13%-24%-15%2.22×13.1%-14.9%
Nanjing Canatal Data-Centre Environmental Tech 603912.SSChina$529M-38%-18%-6%2.05×20.8%-5.9%
Nomura Micro Science 6254.TJapan$527M-43%-48%10%2.09×31.8%9.8%
Cashway Fintech 603106.SSChina$526M-24%-36%2%2.66×32.1%1.9%
Fujian Raynen Technology 603933.SSChina$526M-31%+29%5%2.59×16.5%4.9%

Questions

Which companies are Forge Nano's closest peers?
The cockpit's peer set: Zhuhai Huajin Capital (000532.SZ), Wayz Intelligent Manufacturing Technology (688211.SS), Tsukishima (6332.T), Shanghai Yongli Belting (300230.SZ), Zhejiang XiaSha Precision Manufacturing (001306.SZ), Shaoyang Victor Hydraulics (301079.SZ), Komori (6349.T), Lohia (LCL.NS).
Is Forge Nano expensive compared with its peers?
On price / book it trades at 1.28× against a peer median of 2.20×, 5th cheapest of 21 in its peer set. The share price implies a return on equity of about 12.7%; Forge Nano delivers -79.9%, so the price asks more than the business earns today.

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.