VICINITY MOTOR CORP (VEV) Stock Fundamental Analysis

NASDAQ:VEV • CA9256541058

0.0201 USD
-0.03 (-58.3%)
At close: Oct 30, 2024
0.01 USD
-0.01 (-50.25%)
After Hours: 10/30/2024, 8:00:02 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to VEV. VEV was compared to 130 industry peers in the Machinery industry. VEV may be in some trouble as it scores bad on both profitability and health. VEV is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

0

1. Profitability

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

  • The Return On Assets of VEV (-23.02%) is worse than 85.16% of its industry peers.
  • With a Return On Equity value of -95.60%, VEV is not doing good in the industry: 88.28% of the companies in the same industry are doing better.
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

  • The Gross Margin of VEV (11.96%) is worse than 89.84% of its industry peers.
  • VEV's Gross Margin has declined in the last couple of years.
  • 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

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

0

2. Health

2.1 Basic Checks

  • VEV does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, VEV has more shares outstanding
  • Compared to 1 year ago, VEV has a worse debt to assets ratio.
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

  • Based on the Altman-Z score of -1.25, we must say that VEV is in the distress zone and has some risk of bankruptcy.
  • VEV's Altman-Z score of -1.25 is on the low side compared to the rest of the industry. VEV is outperformed by 84.38% of its industry peers.
  • VEV has a Debt/Equity ratio of 1.09. This is a high value indicating a heavy dependency on external financing.
  • VEV's Debt to Equity ratio of 1.09 is on the low side compared to the rest of the industry. VEV is outperformed by 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's Quick ratio of 0.33 is on the low side compared to the rest of the industry. VEV is outperformed by 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

More info and screens

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

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 19.88% over the past year.
  • The Revenue has grown by 65.17% in the past year. This is a very strong growth!
  • 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

  • VEV is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 59.24% yearly.
  • Based on estimates for the next years, VEV will show a very strong growth in Revenue. The Revenue will grow by 72.73% on average per year.
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. Valuation

4.1 Price/Earnings Ratio

  • VEV reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
  • The Price/Forward Earnings ratio is 0.11, which indicates a rather cheap valuation of VEV.
  • 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.
  • VEV's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 28.03.
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 5 10 15 20 25

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

  • VEV's earnings are expected to grow with 59.24% in the coming years. This may justify a more expensive valuation.
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. Dividend

5.1 Amount

  • VEV does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

Find the best dividend stocksShow peers with best dividend

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 NumberN/A
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 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.


What is the profitability of VEV stock?

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


How financially healthy is VICINITY MOTOR CORP?

The financial health rating of VICINITY MOTOR CORP (VEV) is 0 / 10.