TESLA INC (TSLA) Stock Fundamental Analysis
NASDAQ:TSLA - Nasdaq - US88160R1014 - Common Stock - Currency: USD
Taking everything into account, TSLA scores 7 out of 10 in our fundamental rating. TSLA was compared to 38 industry peers in the Automobiles industry. TSLA gets an excellent profitability rating and is at the same time showing great financial health properties. TSLA is not overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, TSLA could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year TSLA was profitable.
In the past year TSLA had a positive cash flow from operations.
Each year in the past 5 years TSLA has been profitable.
Each year in the past 5 years TSLA had a positive operating cash flow.
1.2 Ratios
TSLA's Return On Assets of 5.09% is amongst the best of the industry. TSLA outperforms 92.11% of its industry peers.
The Return On Equity of TSLA (8.53%) is better than 81.58% of its industry peers.
With an excellent Return On Invested Capital value of 5.91%, TSLA belongs to the best of the industry, outperforming 92.11% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TSLA is significantly above the industry average of 6.56%.
The 3 year average ROIC (11.83%) for TSLA is well above the current ROIC(5.91%). The reason for the recent decline needs to be investigated.
| 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
The Profit Margin of TSLA (6.65%) is better than 92.11% of its industry peers.
TSLA's Profit Margin has declined in the last couple of years.
TSLA has a better Operating Margin (7.40%) than 94.74% of its industry peers.
In the last couple of years the Operating Margin of TSLA has grown nicely.
TSLA's Gross Margin of 17.66% is fine compared to the rest of the industry. TSLA outperforms 73.68% of its industry peers.
In the last couple of years the Gross Margin of TSLA has grown nicely.
| 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.
TSLA has more shares outstanding than it did 1 year ago.
TSLA has more shares outstanding than it did 5 years ago.
The debt/assets ratio for TSLA is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 14.45 indicates that TSLA is not in any danger for bankruptcy at the moment.
TSLA's Altman-Z score of 14.45 is amongst the best of the industry. TSLA outperforms 100.00% 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.
The Debt to FCF ratio of TSLA (1.11) is better than 97.37% of its industry peers.
TSLA has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
TSLA has a Debt to Equity ratio of 0.07. This is amongst the best in the industry. TSLA outperforms 86.84% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 14.45 |
ROIC/WACC0.37
WACC16%
2.3 Liquidity
A Current Ratio of 2.00 indicates that TSLA should not have too much problems paying its short term obligations.
The Current ratio of TSLA (2.00) is better than 78.95% of its industry peers.
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 78.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
TSLA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.95%.
TSLA shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 103.90% yearly.
The Revenue has been growing slightly by 1.03% in the past year.
Measured over the past years, TSLA shows a very strong growth in Revenue. The Revenue has been growing by 31.78% on average per year.
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 32.09% yearly.
TSLA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 19.72% yearly.
EPS Next Y-16.51%
EPS Next 2Y9.21%
EPS Next 3Y14.55%
EPS Next 5Y32.09%
Revenue Next Year-1.92%
Revenue Next 2Y8.87%
Revenue Next 3Y11.59%
Revenue Next 5Y19.72%
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.
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
Based on the Price/Earnings ratio of 152.21, the valuation of TSLA can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of TSLA indicates a somewhat cheap valuation: TSLA is cheaper than 68.42% of the companies listed in the same industry.
TSLA's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 26.03.
A Price/Forward Earnings ratio of 118.12 indicates a quite expensive valuation of TSLA.
Based on the Price/Forward Earnings ratio, TSLA is valued a bit cheaper than the industry average as 65.79% of the companies are valued more expensively.
TSLA is valuated expensively when we compare the Price/Forward Earnings ratio to 21.94, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 152.21 | ||
| Fwd PE | 118.12 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TSLA is valued a bit cheaper than 68.42% of the companies in the same industry.
TSLA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TSLA is cheaper than 78.95% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 161.97 | ||
| EV/EBITDA | 81.23 |
4.3 Compensation for Growth
The excellent profitability rating of TSLA 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)1.46
EPS Next 2Y9.21%
EPS Next 3Y14.55%
5. Dividend
5.1 Amount
TSLA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
340.94
+6.32 (+1.89%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners49.24%
Inst Owner Change2.68%
Ins Owners12.81%
Ins Owner Change10.78%
Market Cap1098.15B
Analysts68
Price Target288.6 (-15.35%)
Short Float %2.9%
Short Ratio0.63
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)-12.59%
PT rev (3m)-9.61%
EPS NQ rev (1m)-24.49%
EPS NQ rev (3m)-31.56%
EPS NY rev (1m)-22.44%
EPS NY rev (3m)-27.67%
Revenue NQ rev (1m)-6.37%
Revenue NQ rev (3m)-13%
Revenue NY rev (1m)-8.63%
Revenue NY rev (3m)-13.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 152.21 | ||
| Fwd PE | 118.12 | ||
| P/S | 11.47 | ||
| P/FCF | 161.97 | ||
| P/OCF | 65.22 | ||
| P/B | 14.71 | ||
| P/tB | 14.98 | ||
| EV/EBITDA | 81.23 |
EPS(TTM)2.24
EY0.66%
EPS(NY)2.89
Fwd EY0.85%
FCF(TTM)2.1
FCFY0.62%
OCF(TTM)5.23
OCFY1.53%
SpS29.72
BVpS23.18
TBVpS22.76
PEG (NY)N/A
PEG (5Y)1.46
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 | 14.45 |
F-Score4
WACC16%
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 5Y32.09%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y21.98%
Revenue growth 5Y31.78%
Sales Q2Q%-9.23%
Revenue Next Year-1.92%
Revenue Next 2Y8.87%
Revenue Next 3Y11.59%
Revenue Next 5Y19.72%
EBIT growth 1Y-4.27%
EBIT growth 3Y6.11%
EBIT growth 5Y149.66%
EBIT Next Year104.79%
EBIT Next 3Y50.27%
EBIT Next 5Y46.17%
FCF growth 1Y17.34%
FCF growth 3Y0.93%
FCF growth 5Y29.91%
OCF growth 1Y27.15%
OCF growth 3Y9.08%
OCF growth 5Y44.06%