TESLA INC (TSLA) Stock Fundamental Analysis
NASDAQ:TSLA - Nasdaq - US88160R1014 - Common Stock - Currency: USD
TSLA gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 37 industry peers in the Automobiles industry. TSLA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TSLA is not overvalued while it is showing excellent growth. This is an interesting combination. This makes TSLA very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year TSLA was profitable.
TSLA had a positive operating cash flow in the past year.
Each year in the past 5 years TSLA has been profitable.
TSLA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 5.09%, TSLA belongs to the best of the industry, outperforming 91.89% of the companies in the same industry.
TSLA has a Return On Equity of 8.53%. This is amongst the best in the industry. TSLA outperforms 81.08% of its industry peers.
The Return On Invested Capital of TSLA (5.91%) is better than 94.59% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TSLA is significantly above the industry average of 6.67%.
The last Return On Invested Capital (5.91%) for TSLA is well below the 3 year average (11.83%), which needs to be investigated, but indicates that TSLA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.09% | ||
| ROE | 8.53% | ||
| ROIC | 5.91% |
ROA(3y)11.73%
ROA(5y)9.08%
ROE(3y)20.62%
ROE(5y)16.66%
ROIC(3y)11.83%
ROIC(5y)10.37%
1.3 Margins
Looking at the Profit Margin, with a value of 6.65%, TSLA belongs to the top of the industry, outperforming 91.89% of the companies in the same industry.
In the last couple of years the Profit Margin of TSLA has declined.
Looking at the Operating Margin, with a value of 7.40%, TSLA belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
In the last couple of years the Operating Margin of TSLA has grown nicely.
TSLA has a better Gross Margin (17.66%) than 70.27% of its industry peers.
TSLA's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.4% | ||
| PM (TTM) | 6.65% | ||
| GM | 17.66% |
OM growth 3Y-13.01%
OM growth 5Y89.45%
PM growth 3Y-10.74%
PM growth 5YN/A
GM growth 3Y-10.93%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
TSLA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TSLA has more shares outstanding
Compared to 5 years ago, TSLA has more shares outstanding
Compared to 1 year ago, TSLA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 14.14 indicates that TSLA is not in any danger for bankruptcy at the moment.
TSLA's Altman-Z score of 14.14 is amongst the best of the industry. TSLA outperforms 97.30% of its industry peers.
TSLA has a debt to FCF ratio of 1.11. This is a very positive value and a sign of high solvency as it would only need 1.11 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 1.11, TSLA belongs to the top of the industry, outperforming 97.30% of the companies in the same industry.
TSLA has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
TSLA's Debt to Equity ratio of 0.07 is amongst the best of the industry. TSLA outperforms 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 14.14 |
ROIC/WACC0.37
WACC15.93%
2.3 Liquidity
A Current Ratio of 2.00 indicates that TSLA should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 2.00, TSLA is in the better half of the industry, outperforming 78.38% of the companies in the same industry.
TSLA has a Quick Ratio of 1.54. This is a normal value and indicates that TSLA is financially healthy and should not expect problems in meeting its short term obligations.
TSLA has a better Quick ratio (1.54) than 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
The earnings per share for TSLA have decreased strongly by -17.95% in the last year.
TSLA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 103.90% yearly.
Looking at the last year, TSLA shows a small growth in Revenue. The Revenue has grown by 1.03% in the last year.
The Revenue has been growing by 31.78% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-17.95%
EPS 3Y2.31%
EPS 5Y103.9%
EPS Q2Q%-40%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y21.98%
Revenue growth 5Y31.78%
Sales Q2Q%-9.23%
3.2 Future
TSLA is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 29.41% yearly.
Based on estimates for the next years, TSLA will show a quite strong growth in Revenue. The Revenue will grow by 17.69% on average per year.
EPS Next Y-16.51%
EPS Next 2Y9.21%
EPS Next 3Y14.55%
EPS Next 5Y29.41%
Revenue Next Year-2.59%
Revenue Next 2Y8.39%
Revenue Next 3Y11.69%
Revenue Next 5Y17.69%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 142.46, which means the current valuation is very expensive for TSLA.
Based on the Price/Earnings ratio, TSLA is valued a bit cheaper than 70.27% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.60. TSLA is valued rather expensively when compared to this.
A Price/Forward Earnings ratio of 110.55 indicates a quite expensive valuation of TSLA.
TSLA's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TSLA is cheaper than 64.86% of the companies in the same industry.
TSLA is valuated expensively when we compare the Price/Forward Earnings ratio to 22.39, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142.46 | ||
| Fwd PE | 110.55 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TSLA is valued a bit cheaper than 70.27% of the companies in the same industry.
81.08% of the companies in the same industry are more expensive than TSLA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 151.6 | ||
| EV/EBITDA | 79.15 |
4.3 Compensation for Growth
TSLA has an outstanding profitability rating, which may justify a higher PE ratio.
TSLA's earnings are expected to grow with 14.55% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.37
EPS Next 2Y9.21%
EPS Next 3Y14.55%
5. Dividend
5.1 Amount
No dividends for TSLA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
319.11
-7.32 (-2.24%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners49.24%
Inst Owner Change2.62%
Ins Owners12.81%
Ins Owner Change18.64%
Market Cap1027.84B
Analysts69
Price Target294.98 (-7.56%)
Short Float %3.03%
Short Ratio0.68
Dividend
| Industry Rank | Sector 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)0
Avg EPS beat(2)-19.23%
Min EPS beat(2)-32.34%
Max EPS beat(2)-6.13%
EPS beat(4)1
Avg EPS beat(4)-8.97%
Min EPS beat(4)-32.34%
Max EPS beat(4)20.83%
EPS beat(8)2
Avg EPS beat(8)-6.98%
EPS beat(12)5
Avg EPS beat(12)-2.34%
EPS beat(16)9
Avg EPS beat(16)4.75%
Revenue beat(2)0
Avg Revenue beat(2)-8.89%
Min Revenue beat(2)-10.21%
Max Revenue beat(2)-7.56%
Revenue beat(4)1
Avg Revenue beat(4)-4.89%
Min Revenue beat(4)-10.21%
Max Revenue beat(4)0.93%
Revenue beat(8)1
Avg Revenue beat(8)-4.17%
Revenue beat(12)1
Avg Revenue beat(12)-3.56%
Revenue beat(16)4
Avg Revenue beat(16)-1.97%
PT rev (1m)-1.79%
PT rev (3m)-15.44%
EPS NQ rev (1m)1.01%
EPS NQ rev (3m)-29.88%
EPS NY rev (1m)-22.44%
EPS NY rev (3m)-28.48%
Revenue NQ rev (1m)-0.36%
Revenue NQ rev (3m)-12.59%
Revenue NY rev (1m)-0.64%
Revenue NY rev (3m)-12.79%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 142.46 | ||
| Fwd PE | 110.55 | ||
| P/S | 10.74 | ||
| P/FCF | 151.6 | ||
| P/OCF | 61.05 | ||
| P/B | 13.77 | ||
| P/tB | 14.02 | ||
| EV/EBITDA | 79.15 |
EPS(TTM)2.24
EY0.7%
EPS(NY)2.89
Fwd EY0.9%
FCF(TTM)2.1
FCFY0.66%
OCF(TTM)5.23
OCFY1.64%
SpS29.72
BVpS23.18
TBVpS22.76
PEG (NY)N/A
PEG (5Y)1.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.09% | ||
| ROE | 8.53% | ||
| ROCE | 7.43% | ||
| ROIC | 5.91% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 9.88% | ||
| OM | 7.4% | ||
| PM (TTM) | 6.65% | ||
| GM | 17.66% | ||
| FCFM | 7.08% |
ROA(3y)11.73%
ROA(5y)9.08%
ROE(3y)20.62%
ROE(5y)16.66%
ROIC(3y)11.83%
ROIC(5y)10.37%
ROICexc(3y)19.43%
ROICexc(5y)17.56%
ROICexgc(3y)19.79%
ROICexgc(5y)18.13%
ROCE(3y)14.87%
ROCE(5y)13.04%
ROICexcg growth 3Y-20.75%
ROICexcg growth 5Y96.88%
ROICexc growth 3Y-19.54%
ROICexc growth 5Y97.08%
OM growth 3Y-13.01%
OM growth 5Y89.45%
PM growth 3Y-10.74%
PM growth 5YN/A
GM growth 3Y-10.93%
GM growth 5Y1.53%
F-Score4
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.11 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 180.59% | ||
| Cap/Sales | 10.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 133.09% | ||
| Profit Quality | 106.47% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 14.14 |
F-Score4
WACC15.93%
ROIC/WACC0.37
Cap/Depr(3y)197.79%
Cap/Depr(5y)201.66%
Cap/Sales(3y)9.87%
Cap/Sales(5y)10.96%
Profit Quality(3y)46.43%
Profit Quality(5y)118.76%
High Growth Momentum
Growth
EPS 1Y (TTM)-17.95%
EPS 3Y2.31%
EPS 5Y103.9%
EPS Q2Q%-40%
EPS Next Y-16.51%
EPS Next 2Y9.21%
EPS Next 3Y14.55%
EPS Next 5Y29.41%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y21.98%
Revenue growth 5Y31.78%
Sales Q2Q%-9.23%
Revenue Next Year-2.59%
Revenue Next 2Y8.39%
Revenue Next 3Y11.69%
Revenue Next 5Y17.69%
EBIT growth 1Y-4.27%
EBIT growth 3Y6.11%
EBIT growth 5Y149.66%
EBIT Next Year70.37%
EBIT Next 3Y43.07%
EBIT Next 5Y46.51%
FCF growth 1Y17.34%
FCF growth 3Y0.93%
FCF growth 5Y29.91%
OCF growth 1Y27.15%
OCF growth 3Y9.08%
OCF growth 5Y44.06%