Solid Power Stock Price To Earning
| SLDP Stock | USD 1.68 0.03 1.75% |
Solid Power fundamentals help investors to digest information that contributes to Solid Power's financial success or failures. It also enables traders to predict the movement of Solid Stock. The fundamental analysis module provides a way to measure Solid Power'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 Solid Power stock.
Solid | Price To Earning |
Solid Power Company Price To Earning Analysis
Solid Power's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Solid Power Price To Earning | 27.39 X |
Most of Solid Power's fundamental indicators, such as Price To Earning, 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, Solid Power is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Solid Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Solid Power is extremely important. It helps to project a fair market value of Solid Stock properly, considering its historical fundamentals such as Price To Earning. Since Solid Power's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Solid Power's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Solid Power's interrelated accounts and indicators.
Click cells to compare fundamentals
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
| Competition |
Solid Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Solid Power has a Price To Earning of 27.39 times. This is 38.4% higher than that of the Machinery sector and significantly higher than that of the Industrials industry. The price to earning for all United States stocks is 4.63% higher than that of the company.
Solid Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Solid Power's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Solid Power could also be used in its relative valuation, which is a method of valuing Solid Power by comparing valuation metrics of similar companies.Solid Power is currently under evaluation in price to earning category among related companies.
Solid Fundamentals
| Return On Equity | -0.12 | ||||
| Return On Asset | -0.1 | ||||
| Operating Margin | (10.92) % | ||||
| Current Valuation | 143.18 M | ||||
| Shares Outstanding | 180.29 M | ||||
| Shares Owned By Insiders | 21.78 % | ||||
| Shares Owned By Institutions | 29.54 % | ||||
| Number Of Shares Shorted | 15.48 M | ||||
| Price To Earning | 27.39 X | ||||
| Price To Book | 0.58 X | ||||
| Price To Sales | 16.67 X | ||||
| Revenue | 17.41 M | ||||
| Gross Profit | 2.2 M | ||||
| EBITDA | (77.88 M) | ||||
| Net Income | (65.55 M) | ||||
| Cash And Equivalents | 484.3 M | ||||
| Cash Per Share | 2.78 X | ||||
| Total Debt | 9.55 M | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 36.06 X | ||||
| Book Value Per Share | 2.81 X | ||||
| Cash Flow From Operations | (58.26 M) | ||||
| Short Ratio | 5.30 X | ||||
| Earnings Per Share | (0.37) X | ||||
| Target Price | 3.3 | ||||
| Number Of Employees | 270 | ||||
| Beta | 1.77 | ||||
| Market Capitalization | 308.29 M | ||||
| Total Asset | 539.17 M | ||||
| Retained Earnings | (84.64 M) | ||||
| Working Capital | 167.24 M | ||||
| Net Asset | 539.17 M |
About Solid Power Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Solid Power's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Solid Power using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Solid Power 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.
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When determining whether Solid Power is a strong investment it is important to analyze Solid Power's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Solid Power's future performance. For an informed investment choice regarding Solid Stock, refer to the following important reports:Check out Solid Power Piotroski F Score and Solid Power Altman Z Score analysis. To learn how to invest in Solid Stock, please use our How to Invest in Solid Power guide.Note that the Solid Power information on this page should be used as a complementary analysis to other Solid Power's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Complementary Tools for Solid Stock analysis
When running Solid Power's price analysis, check to measure Solid Power'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 Solid Power is operating at the current time. Most of Solid Power's value examination focuses on studying past and present price action to predict the probability of Solid Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solid Power's price. Additionally, you may evaluate how the addition of Solid Power to your portfolios can decrease your overall portfolio volatility.
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Is Solid Power'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 Solid Power. If investors know Solid 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 Solid Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.098 | Quarterly Revenue Growth (0.44) | Return On Assets (0.10) | Return On Equity (0.12) |
The market value of Solid Power is measured differently than its book value, which is the value of Solid that is recorded on the company's balance sheet. Investors also form their own opinion of Solid Power's value that differs from its market value or its book value, called intrinsic value, which is Solid Power'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 Solid Power's market value can be influenced by many factors that don't directly affect Solid Power'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 Solid Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Solid Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solid Power'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.