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MULLEN AUTOMOTIVE INC (MULN) Stock Fundamental Analysis

NASDAQ:MULN - Nasdaq - US62526P7033 - Common Stock - Currency: USD

0.1995  -0.14 (-41.32%)

Premarket: 0.1869 -0.01 (-6.32%)

Fundamental Rating

0

We assign a fundamental rating of 0 out of 10 to MULN. MULN was compared to 38 industry peers in the Automobiles industry. Both the profitability and financial health of MULN have multiple concerns. MULN is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

0

1. Profitability

1.1 Basic Checks

In the past year MULN has reported negative net income.
MULN had a negative operating cash flow in the past year.
MULN had negative earnings in each of the past 5 years.
In the past 5 years MULN reported 4 times negative operating cash flow.
MULN Yearly Net Income VS EBIT VS OCF VS FCFMULN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M -600M -800M

1.2 Ratios

Looking at the Return On Assets, with a value of -303.13%, MULN is doing worse than 89.47% of the companies in the same industry.
Industry RankSector Rank
ROA -303.13%
ROE N/A
ROIC N/A
ROA(3y)-250.08%
ROA(5y)-160.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MULN Yearly ROA, ROE, ROICMULN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2K 4K

1.3 Margins

MULN does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector 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
MULN Yearly Profit, Operating, Gross MarginsMULN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50K -100K -150K -200K -250K

0

2. Health

2.1 Basic Checks

MULN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, MULN has more shares outstanding
MULN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for MULN is higher compared to a year ago.
MULN Yearly Shares OutstandingMULN Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 1M 2M 3M
MULN Yearly Total Debt VS Total AssetsMULN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M

2.2 Solvency

MULN has an Altman-Z score of -26.01. This is a bad value and indicates that MULN is not financially healthy and even has some risk of bankruptcy.
MULN has a worse Altman-Z score (-26.01) than 78.95% of its industry peers.
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Altman-Z -26.01
ROIC/WACCN/A
WACC5.64%
MULN Yearly LT Debt VS Equity VS FCFMULN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100M -100M 200M -200M

2.3 Liquidity

MULN has a Current Ratio of 0.24. This is a bad value and indicates that MULN is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.24, MULN is not doing good in the industry: 86.84% of the companies in the same industry are doing better.
A Quick Ratio of 0.07 indicates that MULN may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.07, MULN is doing worse than 89.47% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.24
Quick Ratio 0.07
MULN Yearly Current Assets VS Current LiabilitesMULN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M

1

3. Growth

3.1 Past

The earnings per share for MULN have decreased strongly by -210.84% in the last year.
Looking at the last year, MULN shows a very strong growth in Revenue. The Revenue has grown by 990.98%.
Measured over the past years, MULN shows a very negative growth in Revenue. The Revenue has been decreasing by -55.92% on average per year.
EPS 1Y (TTM)-210.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%98.92%
Revenue 1Y (TTM)990.98%
Revenue growth 3Y-74.46%
Revenue growth 5Y-55.92%
Sales Q2Q%N/A

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
MULN Yearly Revenue VS EstimatesMULN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2023 2024 20M 40M 60M 80M 100M
MULN Yearly EPS VS EstimatesMULN Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2019 2020 2021 0 -5K -10K -15K -20K

0

4. Valuation

4.1 Price/Earnings Ratio

MULN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
MULN Price Earnings VS Forward Price EarningsMULN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 0 0 0 0 0 0 0 0 0 0

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
MULN Per share dataMULN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 -5M -10M -15M

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

0

5. Dividend

5.1 Amount

No dividends for MULN!.
Industry RankSector Rank
Dividend Yield N/A

MULLEN AUTOMOTIVE INC

NASDAQ:MULN (5/20/2025, 8:18:50 PM)

Premarket: 0.1869 -0.01 (-6.32%)

0.1995

-0.14 (-41.32%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)05-12 2025-05-12
Earnings (Next)08-11 2025-08-11
Inst Owners0.58%
Inst Owner Change-60.13%
Ins Owners3.25%
Ins Owner Change24.44%
Market Cap3.20M
Analysts82.86
Price TargetN/A
Short Float %N/A
Short Ratio0.06
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.8
P/FCF N/A
P/OCF N/A
P/B N/A
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-19116968.89
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)-10.05
FCFYN/A
OCF(TTM)-9.42
OCFYN/A
SpS0.25
BVpS-6.42
TBVpS-8.05
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -303.13%
ROE N/A
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-250.08%
ROA(5y)-160.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/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
F-Score2
Asset Turnover0.02
Health
Industry RankSector Rank
Debt/Equity N/A
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 45.13%
Cap/Sales 251.65%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.24
Quick Ratio 0.07
Altman-Z -26.01
F-Score2
WACC5.64%
ROIC/WACCN/A
Cap/Depr(3y)419.92%
Cap/Depr(5y)261.93%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-210.84%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%98.92%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)990.98%
Revenue growth 3Y-74.46%
Revenue growth 5Y-55.92%
Sales Q2Q%N/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y5.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y12.84%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-79.35%
OCF growth 3YN/A
OCF growth 5YN/A