Nikola Earnings Yield from 2010 to 2024

NKLA Stock  USD 0.36  0.03  9.09%   
Nikola Corp's Earnings Yield is decreasing over the years with slightly volatile fluctuation. Overall, Earnings Yield is projected to go to -1.31 this year. Earnings Yield is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. View All Fundamentals
 
Earnings Yield  
First Reported
2010-12-31
Previous Quarter
(1.38)
Current Value
(1.31)
Quarterly Volatility
0.47967496
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nikola Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nikola Corp's main balance sheet or income statement drivers, such as Interest Expense of 79.8 M, Income Tax Expense of 12.6 K or Tax Provision of 3.8 K, as well as many indicators such as Price To Sales Ratio of 18.55, Dividend Yield of 0.0 or PTB Ratio of 0.92. Nikola financial statements analysis is a perfect complement when working with Nikola Corp Valuation or Volatility modules.
  
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.

Latest Nikola Corp's Earnings Yield Growth Pattern

Below is the plot of the Earnings Yield of Nikola Corp over the last few years. It is the inverse of the price-to-earnings ratio, representing the percentage of each dollar invested in the stock that was earned by the company. Nikola Corp's Earnings Yield historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nikola Corp's overall financial position and show how it may be relating to other accounts over time.
Earnings Yield10 Years Trend
Slightly volatile
   Earnings Yield   
       Timeline  

Nikola Earnings Yield Regression Statistics

Arithmetic Mean(0.27)
Coefficient Of Variation(178.25)
Mean Deviation0.36
Median(0.03)
Standard Deviation0.48
Sample Variance0.23
Range1.3514
R-Value(0.72)
Mean Square Error0.12
R-Squared0.52
Significance0
Slope(0.08)
Total Sum of Squares3.22

Nikola Earnings Yield History

2024 -1.31
2023 -1.38
2022 -0.8
2021 -0.17
2020 -0.075
2019 -0.0327

About Nikola Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Nikola Corp income statement, its balance sheet, and the statement of cash flows. Nikola Corp investors use historical funamental indicators, such as Nikola Corp's Earnings Yield, to determine how well the company is positioned to perform in the future. Although Nikola Corp investors may use each financial statement separately, they are all related. The changes in Nikola Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Nikola Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Nikola Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Nikola Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Earnings Yield(1.38)(1.31)

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Additional Information and Resources on Investing in Nikola Stock

When determining whether Nikola Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nikola Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nikola Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikola Corp Stock:
Check out the analysis of Nikola Corp Correlation against competitors.
For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nikola Corp. If investors know Nikola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nikola Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.06)
Revenue Per Share
0.033
Quarterly Revenue Growth
(0.30)
Return On Assets
(0.35)
Return On Equity
(1.53)
The market value of Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.