VICINITY MOTOR CORP (VEV) Fundamental Analysis & Valuation

NASDAQ:VEV • CA9256541058

Current stock price

0.0201 USD
-0.03 (-58.3%)
At close:
0.01 USD
-0.01 (-50.25%)
After Hours:

This VEV fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

0

1. VEV Profitability Analysis

1.1 Basic Checks

  • In the past year VEV has reported negative net income.
  • In the past year VEV has reported a negative cash flow from operations.
  • VEV had negative earnings in each of the past 5 years.
  • In the past 5 years VEV reported 4 times negative operating cash flow.
VEV Yearly Net Income VS EBIT VS OCF VS FCFVEV Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 -5M -10M -15M -20M -25M

1.2 Ratios

  • With a Return On Assets value of -23.02%, VEV is not doing good in the industry: 85.16% of the companies in the same industry are doing better.
  • Looking at the Return On Equity, with a value of -95.60%, VEV is doing worse than 88.28% of the companies in the same industry.
Industry RankSector Rank
ROA -23.02%
ROE -95.6%
ROIC N/A
ROA(3y)-22.86%
ROA(5y)-18.98%
ROE(3y)-49.53%
ROE(5y)-41.17%
ROIC(3y)N/A
ROIC(5y)N/A
VEV Yearly ROA, ROE, ROICVEV Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 0 100 200

1.3 Margins

  • With a Gross Margin value of 11.96%, VEV is not doing good in the industry: 89.84% of the companies in the same industry are doing better.
  • In the last couple of years the Gross Margin of VEV has declined.
  • The Profit Margin and Operating Margin are not available for VEV so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 11.96%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-5.24%
GM growth 5Y-8%
VEV Yearly Profit, Operating, Gross MarginsVEV Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 0 -20 -40 -60 -80

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0

2. VEV Health Analysis

2.1 Basic Checks

  • VEV does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • The number of shares outstanding for VEV has been increased compared to 1 year ago.
  • VEV has a worse debt/assets ratio than last year.
VEV Yearly Shares OutstandingVEV Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M
VEV Yearly Total Debt VS Total AssetsVEV Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 20M 40M 60M

2.2 Solvency

  • VEV has an Altman-Z score of -1.25. This is a bad value and indicates that VEV is not financially healthy and even has some risk of bankruptcy.
  • With a Altman-Z score value of -1.25, VEV is not doing good in the industry: 84.38% of the companies in the same industry are doing better.
  • A Debt/Equity ratio of 1.09 is on the high side and indicates that VEV has dependencies on debt financing.
  • VEV has a Debt to Equity ratio of 1.09. This is amonst the worse of the industry: VEV underperforms 84.38% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF N/A
Altman-Z -1.25
ROIC/WACCN/A
WACC6.33%
VEV Yearly LT Debt VS Equity VS FCFVEV Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 0 20M -20M

2.3 Liquidity

  • VEV has a Current Ratio of 0.90. This is a bad value and indicates that VEV is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Current ratio value of 0.90, VEV is not doing good in the industry: 94.53% of the companies in the same industry are doing better.
  • A Quick Ratio of 0.33 indicates that VEV may have some problems paying its short term obligations.
  • VEV has a Quick ratio of 0.33. This is amonst the worse of the industry: VEV underperforms 94.53% of its industry peers.
Industry RankSector Rank
Current Ratio 0.9
Quick Ratio 0.33
VEV Yearly Current Assets VS Current LiabilitesVEV Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 10M 20M 30M 40M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. VEV Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 19.88% over the past year.
  • VEV shows a strong growth in Revenue. In the last year, the Revenue has grown by 65.17%.
  • The Revenue for VEV have been decreasing by -18.22% on average. This is quite bad
EPS 1Y (TTM)19.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-116%
Revenue 1Y (TTM)65.17%
Revenue growth 3Y9.52%
Revenue growth 5Y-18.22%
Sales Q2Q%399.25%

3.2 Future

  • The Earnings Per Share is expected to grow by 59.24% on average over the next years. This is a very strong growth
  • The Revenue is expected to grow by 72.73% on average over the next years. This is a very strong growth
EPS Next Y-24.01%
EPS Next 2Y59.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year368.6%
Revenue Next 2Y72.73%
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
VEV Yearly Revenue VS EstimatesVEV Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50M 100M 150M 200M
VEV Yearly EPS VS EstimatesVEV Yearly EPS VS EstimatesYearly EPS VS Estimates 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 -0.2 -0.4 -0.6

More info and screens

Find the best growth stocksShow best growing peers

3

4. VEV Valuation Analysis

4.1 Price/Earnings Ratio

  • The Price/Earnings Ratio is negative for VEV. In the last year negative earnings were reported.
  • VEV is valuated cheaply with a Price/Forward Earnings ratio of 0.11.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of VEV indicates a rather cheap valuation: VEV is cheaper than 100.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 22.62, VEV is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 0.11
VEV Price Earnings VS Forward Price EarningsVEV Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
VEV Per share dataVEV EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 -0.4

4.3 Compensation for Growth

  • A more expensive valuation may be justified as VEV's earnings are expected to grow with 59.24% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y59.24%
EPS Next 3YN/A

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. VEV Dividend Analysis

5.1 Amount

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

More info and screens

Find the best dividend stocksShow peers with best dividend

VEV Fundamentals: All Metrics, Ratios and Statistics

VICINITY MOTOR CORP

NASDAQ:VEV (10/30/2024, 8:00:02 PM)

After market: 0.01 -0.01 (-50.25%)

0.0201

-0.03 (-58.3%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)08-28
Earnings (Next)11-27
Inst Owners1.21%
Inst Owner Change-95.06%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.01M
Revenue(TTM)29.63M
Net Income(TTM)-17.92M
Analysts37.5
Price Target0.81 (3929.85%)
Short Float %N/A
Short RatioN/A
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)0
Avg EPS beat(2)-49.24%
Min EPS beat(2)-55.33%
Max EPS beat(2)-43.15%
EPS beat(4)1
Avg EPS beat(4)-21.19%
Min EPS beat(4)-61.81%
Max EPS beat(4)75.52%
EPS beat(8)3
Avg EPS beat(8)-170.16%
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)0
Avg Revenue beat(2)-76.95%
Min Revenue beat(2)-77.9%
Max Revenue beat(2)-76.01%
Revenue beat(4)0
Avg Revenue beat(4)-64.03%
Min Revenue beat(4)-77.9%
Max Revenue beat(4)-42.98%
Revenue beat(8)1
Avg Revenue beat(8)-55.47%
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)7.97%
PT rev (3m)-47.35%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-9.34%
EPS NY rev (3m)-103.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 0.11
P/S 0.03
P/FCF N/A
P/OCF N/A
P/B 0.05
P/tB 0.11
EV/EBITDA N/A
EPS(TTM)-0.4
EYN/A
EPS(NY)0.18
Fwd EY909.12%
FCF(TTM)-0.46
FCFYN/A
OCF(TTM)-0.41
OCFYN/A
SpS0.59
BVpS0.37
TBVpS0.18
PEG (NY)N/A
PEG (5Y)N/A
Graham Number0 (-100%)
Profitability
Industry RankSector Rank
ROA -23.02%
ROE -95.6%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 11.96%
FCFM N/A
ROA(3y)-22.86%
ROA(5y)-18.98%
ROE(3y)-49.53%
ROE(5y)-41.17%
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
ROICexgc growth 3YN/A
ROICexgc 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 3Y-5.24%
GM growth 5Y-8%
F-Score3
Asset Turnover0.38
Health
Industry RankSector Rank
Debt/Equity 1.09
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 152.32%
Cap/Sales 8.19%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.9
Quick Ratio 0.33
Altman-Z -1.25
F-Score3
WACC6.33%
ROIC/WACCN/A
Cap/Depr(3y)836.65%
Cap/Depr(5y)541.15%
Cap/Sales(3y)44.7%
Cap/Sales(5y)28.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.88%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-116%
EPS Next Y-24.01%
EPS Next 2Y59.24%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)65.17%
Revenue growth 3Y9.52%
Revenue growth 5Y-18.22%
Sales Q2Q%399.25%
Revenue Next Year368.6%
Revenue Next 2Y72.73%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y31.77%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year448.91%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y6.65%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-289.64%
OCF growth 3YN/A
OCF growth 5YN/A

VICINITY MOTOR CORP / VEV Fundamental Analysis FAQ

What is the ChartMill fundamental rating of VICINITY MOTOR CORP (VEV) stock?

ChartMill assigns a fundamental rating of 2 / 10 to VEV.


What is the valuation status for VEV stock?

ChartMill assigns a valuation rating of 3 / 10 to VICINITY MOTOR CORP (VEV). This can be considered as Overvalued.


Can you provide the profitability details for VICINITY MOTOR CORP?

VICINITY MOTOR CORP (VEV) has a profitability rating of 0 / 10.


Can you provide the expected EPS growth for VEV stock?

The Earnings per Share (EPS) of VICINITY MOTOR CORP (VEV) is expected to decline by -24.01% in the next year.