FISKER INC (FSR)
US33813J1060 - Common Stock
We assign a fundamental rating of 2 out of 10 to FSR. FSR was compared to 39 industry peers in the Automobiles industry. Both the profitability and financial health of FSR have multiple concerns. FSR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year FSR has reported negative net income.
FSR had a negative operating cash flow in the past year.
In the past 5 years FSR always reported negative net income.
FSR had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
FSR has a Return On Assets (-19.71%) which is in line with its industry peers.
The Return On Equity of FSR (-138.46%) is worse than 67.50% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.71% | ||
| ROE | -138.46% | ||
| ROIC | N/A |
ROA(3y)-25.98%
ROA(5y)-135.52%
ROE(3y)-62.4%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
FSR does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
FSR does not have a ROIC to compare to the WACC, probably because it is not profitable.
FSR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of -1.21, we must say that FSR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of FSR (-1.21) is comparable to the rest of the industry.
A Debt/Equity ratio of 3.28 is on the high side and indicates that FSR has dependencies on debt financing.
FSR's Debt to Equity ratio of 3.28 is on the low side compared to the rest of the industry. FSR is outperformed by 85.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.28 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.21 |
ROIC/WACCN/A
WACC2.77%
2.3 Liquidity
FSR has a Current Ratio of 1.68. This is a normal value and indicates that FSR is financially healthy and should not expect problems in meeting its short term obligations.
FSR has a Current ratio of 1.68. This is comparable to the rest of the industry: FSR outperforms 60.00% of its industry peers.
FSR has a Quick Ratio of 1.05. This is a normal value and indicates that FSR is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of FSR (1.05) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 20.23% over the past year.
Looking at the last year, FSR shows a very strong growth in Revenue. The Revenue has grown by 104375.71%.
EPS 1Y (TTM)20.23%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q57.14%
Revenue 1Y (TTM)104375.71%
Revenue growth 3YN/A
Revenue growth 5YN/A
Revenue growth Q2Q717900%
3.2 Future
Based on estimates for the next years, FSR will show a very strong growth in Earnings Per Share. The EPS will grow by 20.32% on average per year.
FSR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 396.25% yearly.
EPS Next Y34.81%
EPS Next 2Y30.63%
EPS Next 3Y22.42%
EPS Next 5Y20.32%
Revenue Next Year12974.5%
Revenue Next 2Y2410.89%
Revenue Next 3Y915.89%
Revenue Next 5Y396.25%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
FSR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for FSR. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as FSR's earnings are expected to grow with 22.42% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y30.63%
EPS Next 3Y22.42%
5. Dividend
5.1 Amount
FSR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
FISKER INC
NYSE:FSR (3/25/2024, 8:24:59 PM)
0.0897
-0.04 (-28.12%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap30.79M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -19.71% | ||
| ROE | -138.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.03
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 3.28 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.68 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)20.23%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y34.81%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)104375.71%
Revenue growth 3YN/A
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y