Nikolacorp Stock Fundamentals

NKLA Stock  USD 0.53  0.01  1.85%   
NikolaCorp fundamentals help investors to digest information that contributes to NikolaCorp's financial success or failures. It also enables traders to predict the movement of NikolaCorp Stock. The fundamental analysis module provides a way to measure NikolaCorp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to NikolaCorp stock.
At present, NikolaCorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Income Tax Expense is expected to grow to about 12.6 K, whereas EBIT is projected to grow to (610.4 M).
  
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NikolaCorp Company Return On Equity Analysis

NikolaCorp's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current NikolaCorp Return On Equity

    
  -1.53  
Most of NikolaCorp's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, NikolaCorp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

NikolaCorp Total Stockholder Equity

Total Stockholder Equity

615.6 Million

At present, NikolaCorp's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting.
Based on the latest financial disclosure, NikolaCorp has a Return On Equity of -1.5318. This is 448.14% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The return on equity for all United States stocks is notably higher than that of the company.

NikolaCorp Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining NikolaCorp's current stock value. Our valuation model uses many indicators to compare NikolaCorp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across NikolaCorp competition to find correlations between indicators driving NikolaCorp's intrinsic value. More Info.
NikolaCorp is rated below average in return on equity category among related companies. It is rated below average in return on asset category among related companies . At present, NikolaCorp's Return On Equity is projected to slightly decrease based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value NikolaCorp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for NikolaCorp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the NikolaCorp's earnings, one of the primary drivers of an investment's value.

NikolaCorp Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NikolaCorp's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of NikolaCorp could also be used in its relative valuation, which is a method of valuing NikolaCorp by comparing valuation metrics of similar companies.
NikolaCorp is rated below average in return on equity category among related companies.

NikolaCorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of NikolaCorp from analyzing NikolaCorp's financial statements. These drivers represent accounts that assess NikolaCorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of NikolaCorp's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap2.7B5.1B3.9B954.3M699.9M664.9M
Enterprise Value2.6B4.3B3.5B1.1B518.8M492.8M

NikolaCorp Fundamentals

About NikolaCorp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NikolaCorp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NikolaCorp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NikolaCorp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue8.6 M16.9 M
Total Revenue35.8 M37.6 M
Cost Of Revenue285.8 M300.1 M
Stock Based Compensation To Revenue 2.10  2.00 
Sales General And Administrative To Revenue 4.28  4.07 
Research And Ddevelopement To Revenue 5.81  5.52 
Capex To Revenue(3.36)(3.53)
Revenue Per Share 0.04  0.05 
Ebit Per Revenue(17.93)(18.82)

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When determining whether NikolaCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of NikolaCorp'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 Nikolacorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikolacorp Stock:
Check out NikolaCorp Piotroski F Score and NikolaCorp Altman Z Score analysis.
For information on how to trade NikolaCorp Stock refer to our How to Trade NikolaCorp Stock guide.
You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running NikolaCorp's price analysis, check to measure NikolaCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy NikolaCorp is operating at the current time. Most of NikolaCorp's value examination focuses on studying past and present price action to predict the probability of NikolaCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NikolaCorp's price. Additionally, you may evaluate how the addition of NikolaCorp to your portfolios can decrease your overall portfolio volatility.
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Is NikolaCorp's industry 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 NikolaCorp. If investors know NikolaCorp 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 NikolaCorp 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 NikolaCorp is measured differently than its book value, which is the value of NikolaCorp that is recorded on the company's balance sheet. Investors also form their own opinion of NikolaCorp's value that differs from its market value or its book value, called intrinsic value, which is NikolaCorp'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 NikolaCorp's market value can be influenced by many factors that don't directly affect NikolaCorp'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 NikolaCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if NikolaCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NikolaCorp'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.