Total Valuation
Nikola has a market cap or net worth of $273.22 million. The enterprise value is $302.87 million.
Market Cap | 273.22M |
Enterprise Value | 302.87M |
Important Dates
The next estimated earnings date is Thursday, October 31, 2024, before market open.
Earnings Date | Oct 31, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Nikola has 50.60 million shares outstanding. The number of shares has increased by 113.99% in one year.
Shares Outstanding | 50.60M |
Shares Change (YoY) | +113.99% |
Shares Change (QoQ) | +4.87% |
Owned by Insiders (%) | 0.45% |
Owned by Institutions (%) | 27.35% |
Float | 49.14M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | n/a |
PS Ratio | 4.33 |
Forward PS | 1.00 |
PB Ratio | 0.50 |
P/FCF Ratio | n/a |
PEG Ratio | n/a |
Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 6.23 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.53, with a Debt / Equity ratio of 0.55.
Current Ratio | 1.53 |
Quick Ratio | 1.15 |
Debt / Equity | 0.55 |
Debt / EBITDA | n/a |
Debt / FCF | n/a |
Interest Coverage | -9.73 |
Financial Efficiency
Return on equity (ROE) is -164.54% and return on invested capital (ROIC) is -45.44%.
Return on Equity (ROE) | -164.54% |
Return on Assets (ROA) | -34.45% |
Return on Capital (ROIC) | -45.44% |
Revenue Per Employee | $55,880 |
Profits Per Employee | -$989,375 |
Employee Count | 870 |
Asset Turnover | 0.04 |
Inventory Turnover | 3.84 |
Taxes
In the past 12 months, Nikola has paid $104,000 in taxes.
Income Tax | 104,000 |
Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has decreased by -79.30% in the last 52 weeks. The beta is 2.08, so Nikola's price volatility has been higher than the market average.
Beta (5Y) | 2.08 |
52-Week Price Change | -79.30% |
50-Day Moving Average | 7.95 |
200-Day Moving Average | 17.32 |
Relative Strength Index (RSI) | 32.78 |
Average Volume (20 Days) | 2,513,470 |
Short Selling Information
The latest short interest is 13.86 million, so 27.40% of the outstanding shares have been sold short.
Short Interest | 13.86M |
Short Previous Month | 10.81M |
Short % of Shares Out | 27.40% |
Short % of Float | 28.21% |
Short Ratio (days to cover) | 5.32 |
Income Statement
In the last 12 months, Nikola had revenue of $48.62 million and -$860.76 million in losses. Loss per share was -$22.13.
Revenue | 48.62M |
Gross Profit | -276.04M |
Operating Income | -619.37M |
Pretax Income | -860.65M |
Net Income | -860.76M |
EBITDA | -573.56M |
EBIT | -619.37M |
Loss Per Share | -$22.13 |
Balance Sheet
The company has $258.83 million in cash and $288.48 million in debt, giving a net cash position of -$29.65 million or -$0.59 per share.
Cash & Cash Equivalents | 258.83M |
Total Debt | 288.48M |
Net Cash | -29.65M |
Net Cash Per Share | -$0.59 |
Equity (Book Value) | 523.55M |
Book Value Per Share | 10.80 |
Working Capital | 148.76M |
Cash Flow
In the last 12 months, operating cash flow was -$459.17 million and capital expenditures -$62.98 million, giving a free cash flow of -$522.15 million.
Operating Cash Flow | -459.17M |
Capital Expenditures | -62.98M |
Free Cash Flow | -522.15M |
FCF Per Share | -$10.32 |
Margins
Gross Margin | n/a |
Operating Margin | -1,274.01% |
Pretax Margin | -1,770.31% |
Profit Margin | n/a |
EBITDA Margin | n/a |
EBIT Margin | n/a |
FCF Margin | -1,074.03% |
Dividends & Yields
Nikola does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -113.99% |
Shareholder Yield | -113.99% |
Earnings Yield | -315.04% |
FCF Yield | -191.11% |
Analyst Forecast
The average price target for Nikola is $35.00, which is 548.15% higher than the current price. The consensus rating is "Hold".
Price Target | $35.00 |
Price Target Difference | 548.15% |
Analyst Consensus | Hold |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | 133.51% |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 25, 2024. It was a reverse split with a ratio of 0.0333333:1.
Last Split Date | Jun 25, 2024 |
Split Type | Reverse |
Split Ratio | 0.0333333:1 |
Scores
Nikola has an Altman Z-Score of -4.81 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
Altman Z-Score | -4.81 |
Piotroski F-Score | 2 |