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 |
