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Metrics | Range | Conclusion |
---|---|---|
Selected LTM P/E Multiple | 97.0x - 107.3x | 102.1x |
Selected Fwd P/E Multiple | 68.5x - 75.7x | 72.1x |
Fair Value | €182.46 - €201.66 | €192.06 |
Upside | -29.1% - -21.7% | -25.4% |
Benchmarks | - | Full Ticker |
Lucid Group, Inc. | - | NasdaqGS:LCID |
Rivian Automotive, Inc. | - | NasdaqGS:RIVN |
Envirotech Vehicles, Inc. | - | NasdaqCM:EVTV |
Phoenix Motor Inc. | - | PINC:PEVM |
Faraday Future Intelligent Electric Inc. | - | NasdaqCM:FFAI |
Tesla, Inc. | - | DB:TL0 |
- | - | - |
Select Price / LTM EPS Ratio | ||||||||
Benchmark Companies | ||||||||
LCID | RIVN | EVTV | PEVM | FFAI | TL0 | |||
NasdaqGS:LCID | NasdaqGS:RIVN | NasdaqCM:EVTV | PINC:PEVM | NasdaqCM:FFAI | DB:TL0 | |||
Historical Net Income Growth | ||||||||
5Y CAGR | NM- | NM- | NM- | NM- | NM- | NM- | ||
3Y CAGR | NM- | NM- | NM- | NM- | NM- | 8.9% | ||
Latest Twelve Months | -8.2% | 12.6% | 30.2% | 116.3% | 15.8% | -56.1% | ||
Historical Net Income Profit Margin | ||||||||
5 Year Average Margin | -8328.4% | -19580.5% | -526.8% | -270.2% | -58288.3% | 10.1% | ||
Prior Fiscal Year | -475.1% | -122.5% | -443.1% | -293.4% | -55069.4% | 15.5% | ||
Latest Fiscal Year | -379.0% | -95.5% | -473.2% | -661.3% | -67425.4% | 7.3% | ||
Latest Twelve Months | -379.0% | -95.5% | -473.2% | 8.3% | -67425.4% | 7.3% | ||
Current Trading Multiples | ||||||||
EV / LTM EBITDA | -2.3x | -3.4x | -1.0x | -0.5x | -2.7x | 70.8x | ||
Price / LTM Sales | 9.2x | 3.0x | 3.0x | 0.2x | 200.5x | 9.5x | ||
LTM P/E Ratio | -2.4x | -3.1x | -0.6x | 1.9x | -0.3x | 149.2x | ||
Low | Mid | High | ||||||
Benchmark LTM P/E Ratio | -3.1x | -0.6x | 1.9x | |||||
Historical LTM P/E Ratio | 34.8x | 99.7x | 1274.1x | |||||
Selected P/E Multiple | 97.0x | 102.1x | 107.3x | |||||
(x) LTM Net Income | 6,107 | 6,107 | 6,107 | |||||
(=) Equity Value | 592,637 | 623,829 | 655,020 | |||||
(/) Shares Outstanding | 3,221.0 | 3,221.0 | 3,221.0 | |||||
Implied Value Range | 183.99 | 193.68 | 203.36 | |||||
FX Rate: USD/EUR | 1.1 | 1.1 | 1.1 | Market Price | ||||
Implied Value Range (Trading Cur) | 161.88 | 170.40 | 178.92 | 257.40 | ||||
Upside / (Downside) | -37.1% | -33.8% | -30.5% |
Equity Value | |||||||
Benchmark Companies | |||||||
(in millions) | LCID | RIVN | EVTV | PEVM | FFAI | TL0 | |
Value of Common Equity | 7,803 | 15,247 | 6 | 5 | 111 | 942,344 | |
(/) Shares Outstanding | 3,048.0 | 1,146.4 | 23.1 | 45.7 | 85.1 | 3,221.0 | |
Implied Stock Price | 2.56 | 13.30 | 0.25 | 0.11 | 1.30 | 292.57 | |
FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.14 | |
Implied Stock Price (Trading Cur) | 2.56 | 13.30 | 0.25 | 0.11 | 1.30 | 257.40 | |
Trading Currency | USD | USD | USD | USD | USD | EUR | |
FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.14 |