Nikolacorp Stock Price To Earnings To Growth

NKLA Stock

USD 0.54 0.0004 0.07%

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.

Total Stockholder Equity Total Current Liabilities

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NikolaCorp Company Price To Earnings To Growth Analysis

NikolaCorp's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

PEG Ratio

PE Ratio

EPS Growth

More About Price To Earnings To Growth | All Equity Analysis

Current NikolaCorp Price To Earnings To Growth

(0.10) X

Most of NikolaCorp's fundamental indicators, such as Price To Earnings To Growth, 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.

NikolaCorp Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for NikolaCorp is extremely important. It helps to project a fair market value of NikolaCorp Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since NikolaCorp'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 NikolaCorp'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 NikolaCorp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Capital Surpluse	Total Liab	Total Current Assets	Common Stock	Property Plant Equipment	Long Term Debt	Good Will	Net Invested Capital	Capital Stock	Net Working Capital	Short Term Debt	Intangible Assets	Deferred Long Term Liab	Short Long Term Debt	Current Deferred Revenue	Long Term Debt Total
Total Assets		0.9	0.93	-0.5	-0.87	0.86	0.78	0.73	0.95	0.88	0.91	0.8	0.85	0.8	0.54	0.97	0.69	0.61	0.62	0.7	0.85	0.41	0.54	0.78
Total Stockholder Equity	0.9		0.97	-0.82	-0.67	0.65	0.48	0.56	0.82	0.58	0.99	0.68	0.61	0.49	0.26	0.96	0.56	0.89	0.31	0.41	0.56	0.11	0.25	0.47
Net Tangible Assets	0.93	0.97		-0.75	-0.72	0.74	0.56	0.63	0.85	0.68	0.99	0.7	0.67	0.59	0.38	0.97	0.56	0.82	0.43	0.49	0.62	0.24	0.37	0.54
Net Debt	-0.5	-0.82	-0.75		0.21	-0.23	0.07	-0.27	-0.39	-0.05	-0.79	-0.31	-0.12	0.08	0.21	-0.64	-0.19	-0.96	0.21	0.01	-0.03	0.32	0.24	0.09
Retained Earnings	-0.87	-0.67	-0.72	0.21		-0.74	-0.93	-0.67	-0.97	-0.88	-0.69	-0.96	-0.99	-0.83	-0.59	-0.81	-0.93	-0.32	-0.58	-0.79	-0.93	-0.29	-0.55	-0.88
Accounts Payable	0.86	0.65	0.74	-0.23	-0.74		0.74	0.91	0.83	0.89	0.69	0.58	0.78	0.82	0.75	0.79	0.45	0.29	0.78	0.86	0.76	0.66	0.76	0.67
Net Receivables	0.78	0.48	0.56	0.07	-0.93	0.74		0.57	0.88	0.91	0.52	0.85	0.96	0.95	0.8	0.69	0.83	0.09	0.79	0.75	0.92	0.56	0.78	0.95
Short Term Investments	0.73	0.56	0.63	-0.27	-0.67	0.91	0.57		0.75	0.74	0.57	0.53	0.7	0.59	0.51	0.66	0.42	0.22	0.5	0.93	0.66	0.37	0.51	0.48
Capital Surpluse	0.95	0.82	0.85	-0.39	-0.97	0.83	0.88	0.75		0.88	0.83	0.91	0.95	0.82	0.62	0.93	0.85	0.49	0.61	0.78	0.88	0.34	0.58	0.81
Total Liab	0.88	0.58	0.68	-0.05	-0.88	0.89	0.91	0.74	0.88		0.63	0.74	0.91	0.95	0.71	0.77	0.67	0.17	0.81	0.85	0.96	0.64	0.74	0.93
Total Current Assets	0.91	0.99	0.99	-0.79	-0.69	0.69	0.52	0.57	0.83	0.63		0.69	0.64	0.54	0.33	0.97	0.56	0.87	0.37	0.43	0.58	0.18	0.31	0.5
Common Stock	0.8	0.68	0.7	-0.31	-0.96	0.58	0.85	0.53	0.91	0.74	0.69		0.93	0.69	0.45	0.78	0.97	0.4	0.4	0.65	0.83	0.09	0.39	0.79
Property Plant Equipment	0.85	0.61	0.67	-0.12	-0.99	0.78	0.96	0.7	0.95	0.91	0.64	0.93		0.88	0.68	0.78	0.9	0.23	0.66	0.83	0.94	0.39	0.65	0.9
Long Term Debt	0.8	0.49	0.59	0.08	-0.83	0.82	0.95	0.59	0.82	0.95	0.54	0.69	0.88		0.86	0.71	0.64	0.09	0.92	0.73	0.9	0.77	0.87	0.93
Good Will	0.54	0.26	0.38	0.21	-0.59	0.75	0.8	0.51	0.62	0.71	0.33	0.45	0.68	0.86		0.5	0.4	-0.08	0.94	0.59	0.58	0.84	0.99	0.65
Net Invested Capital	0.97	0.96	0.97	-0.64	-0.81	0.79	0.69	0.66	0.93	0.77	0.97	0.78	0.78	0.71	0.5		0.67	0.75	0.53	0.57	0.73	0.32	0.48	0.66
Capital Stock	0.69	0.56	0.56	-0.19	-0.93	0.45	0.83	0.42	0.85	0.67	0.56	0.97	0.9	0.64	0.4	0.67		0.3	0.33	0.59	0.8	0.01	0.33	0.77
Net Working Capital	0.61	0.89	0.82	-0.96	-0.32	0.29	0.09	0.22	0.49	0.17	0.87	0.4	0.23	0.09	-0.08	0.75	0.3		-0.04	-0.01	0.16	-0.18	-0.1	0.08
Short Term Debt	0.62	0.31	0.43	0.21	-0.58	0.78	0.79	0.5	0.61	0.81	0.37	0.4	0.66	0.92	0.94	0.53	0.33	-0.04		0.59	0.67	0.94	0.98	0.74
Intangible Assets	0.7	0.41	0.49	0.01	-0.79	0.86	0.75	0.93	0.78	0.85	0.43	0.65	0.83	0.73	0.59	0.57	0.59	-0.01	0.59		0.82	0.41	0.59	0.69
Deferred Long Term Liab	0.85	0.56	0.62	-0.03	-0.93	0.76	0.92	0.66	0.88	0.96	0.58	0.83	0.94	0.9	0.58	0.73	0.8	0.16	0.67	0.82		0.46	0.59	0.96
Short Long Term Debt	0.41	0.11	0.24	0.32	-0.29	0.66	0.56	0.37	0.34	0.64	0.18	0.09	0.39	0.77	0.84	0.32	0.01	-0.18	0.94	0.41	0.46		0.91	0.55
Current Deferred Revenue	0.54	0.25	0.37	0.24	-0.55	0.76	0.78	0.51	0.58	0.74	0.31	0.39	0.65	0.87	0.99	0.48	0.33	-0.1	0.98	0.59	0.59	0.91		0.66
Long Term Debt Total	0.78	0.47	0.54	0.09	-0.88	0.67	0.95	0.48	0.81	0.93	0.5	0.79	0.9	0.93	0.65	0.66	0.77	0.08	0.74	0.69	0.96	0.55	0.66

Click cells to compare fundamentals

Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

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NikolaCorp Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.0253

At present, NikolaCorp's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Based on the latest financial disclosure, NikolaCorp has a Price To Earnings To Growth of -0.1 times. This is 107.52% lower than that of the Machinery sector and significantly lower than that of the Industrials industry. The price to earnings to growth for all United States stocks is 102.04% higher than that of the company.

NikolaCorp Price To Earnings To Growth 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 Price To Earnings To Growth 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 currently under evaluation in price to earnings to growth 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.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	2.7B	5.1B	3.9B	954.3M	699.9M	664.9M
Enterprise Value	2.6B	4.3B	3.5B	1.1B	518.8M	492.8M

NikolaCorp Fundamentals

	Return On Equity	-1.53
	Return On Asset	-0.35
	Operating Margin	(19.39) %
	Current Valuation	647.45 M
	Shares Outstanding	1.36 B
	Shares Owned By Insiders	5.36 %
	Shares Owned By Institutions	32.25 %
	Number Of Shares Shorted	230.69 M
	Price To Book	1.30 X
	Price To Sales	26.10 X
	Revenue	35.84 M
	Gross Profit	(104.76 M)
	EBITDA	(606.6 M)
	Net Income	(864.62 M)
	Cash And Equivalents	319.94 M
	Cash Per Share	0.67 X
	Total Debt	284.86 M
	Debt To Equity	0.54 %
	Current Ratio	1.75 X
	Book Value Per Share	0.44 X
	Cash Flow From Operations	(501.14 M)
	Short Ratio	2.26 X
	Earnings Per Share	(1.06) X
	Price To Earnings To Growth	(0.10) X
	Target Price	1.64
	Number Of Employees	870
	Beta	2.1
	Market Capitalization	714.9 M
	Total Asset	1.31 B
	Retained Earnings	(3.07 B)
	Working Capital	312.31 M
	Net Asset	1.31 B

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.

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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:

How To Invest In NikolaCorp

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Is NikolaCorp Stock a good investment?

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What is NikolaCorp's Net Worth?

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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.

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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.

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Nikolacorp Stock Price To Earnings To Growth

NikolaCorp Company Price To Earnings To Growth Analysis

PEG Ratio

PE Ratio

EPS Growth

Current NikolaCorp Price To Earnings To Growth

NikolaCorp Price To Earnings To Growth Driver Correlations

NikolaCorp Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.0253

NikolaCorp Price To Earnings To Growth Peer Comparison

NikolaCorp Current Valuation Drivers

NikolaCorp Fundamentals

About NikolaCorp Fundamental Analysis

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