SOLID POWER INC (SLDP)
US83422N1054 - Common Stock
Overall SLDP gets a fundamental rating of 3 out of 10. We evaluated SLDP against 42 industry peers in the Automobile Components industry. While SLDP seems to be doing ok healthwise, there are quite some concerns on its profitability. While showing a medium growth rate, SLDP is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year SLDP has reported negative net income.
In the past year SLDP has reported a negative cash flow from operations.
In the past 5 years SLDP reported 4 times negative net income.
SLDP had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
SLDP's Return On Assets of -12.30% is on the low side compared to the rest of the industry. SLDP is outperformed by 80.95% of its industry peers.
With a Return On Equity value of -13.02%, SLDP is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.3% | ||
| ROE | -13.02% | ||
| ROIC | N/A |
ROA(3y)-3.95%
ROA(5y)-147.23%
ROE(3y)-4.16%
ROE(5y)-505.96%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for SLDP so they could not be analyzed.
| 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
SLDP does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for SLDP has been increased compared to 1 year ago.
SLDP has a worse debt/assets ratio than last year.
2.2 Solvency
SLDP has an Altman-Z score of 6.01. This indicates that SLDP is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 6.01, SLDP belongs to the top of the industry, outperforming 95.24% of the companies in the same industry.
SLDP has a Debt/Equity ratio of 0.00. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of SLDP (0.00) is better than 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 6.01 |
ROIC/WACCN/A
WACC11.26%
2.3 Liquidity
A Current Ratio of 11.53 indicates that SLDP has no problem at all paying its short term obligations.
The Current ratio of SLDP (11.53) is better than 100.00% of its industry peers.
SLDP has a Quick Ratio of 11.53. This indicates that SLDP is financially healthy and has no problem in meeting its short term obligations.
SLDP has a Quick ratio of 11.53. This is amongst the best in the industry. SLDP outperforms 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 11.53 | ||
| Quick Ratio | 11.53 |
3. Growth
3.1 Past
SLDP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -598.11%.
The Revenue has grown by 47.73% in the past year. This is a very strong growth!
SLDP shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 102.39% yearly.
EPS 1Y (TTM)-598.11%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q-3566.67%
Revenue 1Y (TTM)47.73%
Revenue growth 3Y102.39%
Revenue growth 5YN/A
Revenue growth Q2Q-44.12%
3.2 Future
SLDP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -2.97% yearly.
The Revenue is expected to grow by 68.62% on average over the next years. This is a very strong growth
EPS Next Y-18.54%
EPS Next 2Y-11.38%
EPS Next 3Y-11.66%
EPS Next 5Y-2.97%
Revenue Next Year13.89%
Revenue Next 2Y28.19%
Revenue Next 3Y36.41%
Revenue Next 5Y68.62%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for SLDP. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SLDP. 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 cheap valuation may be justified as SLDP's earnings are expected to decrease with -11.66% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-11.38%
EPS Next 3Y-11.66%
5. Dividend
5.1 Amount
SLDP does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
SOLID POWER INC
NASDAQ:SLDP (5/2/2024, 7:19:34 PM)
After market: 1.81 -0.02 (-1.09%)1.83
+0.1 (+5.78%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap331.39M
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 | -12.3% | ||
| ROE | -13.02% | ||
| 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 | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 11.53 | ||
| Quick Ratio | 11.53 | ||
| 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)-598.11%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y-18.54%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)47.73%
Revenue growth 3Y102.39%
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