Ideanomics Inc
NASDAQ:IDEX
Intrinsic Value
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. [ Read More ]
The intrinsic value of one
IDEX
stock under the Base Case scenario is
29.05
USD.
Compared to the current market price of 0.9 USD,
Ideanomics Inc
is
Undervalued by 97%.
Ideanomics Inc's market capitalization is 10.7m USD.
IDEX stock price is 0.9 USD.
IDEX stock price (0.9 USD) is 97% less than its Intrinsic Value (29.05 USD).
IDEX has upside potential of 11% compared to the average analyst price target.
Open Wall St Estimates
IDEX has negative Gross Profit for the last twelve months.
IDEX's long-term assets (151m USD) exceed its long-term liabilties (127m USD).
IDEX's Revenue has dropped by 49% over the past 12 months.
IDEX's ROE (Return on Equity) has significantly decreased in the last 3 years from -42% to -236%, and is approaching profitability.
IDEX's ROIC (Return on Invested Capital) has significantly decreased in the last 3 years from -32% to -60%, and is approaching profitability.
IDEX's Revenue has been growing by an exceptional 26% per year for the last 3 years.
IDEX has negative Operating Income for the last twelve months.
IDEX has negative Net Income for the last twelve months.
IDEX's ROE (Return on Equity) for the past 12 months is negative and is equal to -236%.
IDEX's ROIC (Return on Invested Capital) for the past 12 months is negative and is equal to -60%.
IDEX's D/E (Debt to Equity) is very low and is equal to 0.49.
IDEX's short-term liabilties (109m USD) exceed its short-term assets (46m USD).
IDEX has positive Net Debt. This means that the company has more debt (12m USD) than cash and short-term investments (2m USD).
IDEX has negative Free Cash Flow for the last twelve months.
IDEX has negative three-year average ROE (Return on Equity): -102%. The company is not efficient at transforming stockholders' equity into net income.
IDEX has negative three-year average ROIC (Return on Invested Capital): -48%. The company is not efficient at using invested capital to generate operating income.
IDEX's Altman Z-Score is very low and is equal to -12.6.
IDEX doesn't generate enough operating income (-128m USD) to safely cover interest payments on its debt (685k USD).
Fundamental Analysis
Ideanomics Inc
Balance Sheet Decomposition
Ideanomics Inc
| Current Assets | 46.2m |
| Cash & Short-Term Investments | 1.9m |
| Receivables | 5.1m |
| Other Current Assets | 39.2m |
| Non-Current Assets | 105.1m |
| PP&E | 21.9m |
| Intangibles | 77.2m |
| Other Non-Current Assets | 5.9m |
| Current Liabilities | 109.3m |
| Accounts Payable | 56.3m |
| Accrued Liabilities | 9.4m |
| Short-Term Debt | 10.2m |
| Other Current Liabilities | 33.4m |
| Non-Current Liabilities | 17.6m |
| Long-Term Debt | 1.7m |
| Other Non-Current Liabilities | 15.9m |
Earnings Waterfall
Ideanomics Inc
|
Revenue
|
31.7m
USD
|
|
Cost of Revenue
|
-34.2m
USD
|
|
Gross Profit
|
-2.6m
USD
|
|
Operating Expenses
|
-125.7m
USD
|
|
Operating Income
|
-128.3m
USD
|
|
Other Expenses
|
-211.5m
USD
|
|
Net Income
|
-339.8m
USD
|
Free Cash Flow Analysis
Ideanomics Inc
What is Free Cash Flow?
IDEX Profitability Score
Profitability Due Diligence
Ideanomics Inc's profitability score is 15/100. The higher the profitability score, the more profitable the company is.
Score
Ideanomics Inc's profitability score is 15/100. The higher the profitability score, the more profitable the company is.
IDEX Solvency Score
Solvency Due Diligence
Ideanomics Inc's solvency score is 23/100. The higher the solvency score, the more solvent the company is.
Score
Ideanomics Inc's solvency score is 23/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
IDEX Price Targets Summary
Ideanomics Inc
According to Wall Street analysts, the average 1-year price target for
IDEX
is 1 USD
.
Ownership
IDEX Insider Trading
Buy and sell transactions by insiders
| Period | Sold | Bought | Net |
|---|---|---|---|
| 3 Months |
|
|
|
| 6 Months |
|
|
|
| 9 Months |
|
|
|
| 12 Months |
|
|
|
Shareholder Return
IDEX Price
Ideanomics Inc
| Average Annual Return | -5.6% |
| Standard Deviation of Annual Returns | 111.09% |
| Max Drawdown | -100% |
| Market Capitalization | 10.7m USD |
| Shares Outstanding | 11 972 300 |
| Percentage of Shares Shorted | 19.93% |
IDEX News
Last Important Events
Ideanomics Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
Ideanomics Inc
Company Profile
Ideanomics Inc
Country
Industry
Market Cap
Dividend Yield
Description
Ideanomics, Inc. is a global company focused on facilitating the adoption of commercial electric vehicles and developing next generation financial services and fintech products. The company is headquartered in New York City, New York and currently employs 110 full-time employees. The company went IPO on 2001-07-11. The Company’s electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, electric vehicle (EV) batteries and electricity as well as financing and charging solutions. The Company’s Capital division includes Delaware Board of Trade (DBOT), which is a broker dealer that also operates an Alternative Trading System (ATS) focused on the trading of traditional OTC securities, and Intelligenta provides financial services solutions powered by artificial intelligence (AI) and blockchain. Intelligenta offers its AI services for the creation of financial products, risk ratings and indexing, and selection and recommendation systems on behalf of key stakeholders. The company also provides real estate title and settlement services through Timios Holdings Corp (Timios).
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