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Electrameccanica Vehicles Corp
NASDAQ:SOLO

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Electrameccanica Vehicles Corp Logo
Electrameccanica Vehicles Corp
NASDAQ:SOLO
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Price: 0.21 USD -1.04% Market Closed
Updated: Apr 20, 2024

Intrinsic Value

SOLO's intrinsic value estimate is unreliable because it is based only on its multiples and doesn't use a DCF valuation.

Electrameccanica Vehicles Corp. engages in the development and manufacture of electric vehicles. [ Read More ]

The intrinsic value of one SOLO stock under the Base Case scenario is 0.68 USD. Compared to the current market price of 0.21 USD, Electrameccanica Vehicles Corp is Undervalued by 69%.

Key Points:
SOLO Intrinsic Value
Base Case
0.68 USD
Undervaluation 69%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

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Electrameccanica Vehicles Corp

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Fundamental Analysis

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Electrameccanica Vehicles Corp

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of Electrameccanica Vehicles Corp.

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does Electrameccanica Vehicles Corp hold over its rivals?

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does Electrameccanica Vehicles Corp face in the near future?

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in Electrameccanica Vehicles Corp recently?

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of Electrameccanica Vehicles Corp.

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based on the latest financial data?

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for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

How accurate were the past Net Income estimates
for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

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for Electrameccanica Vehicles Corp?

Compare the revenue forecasts
for Electrameccanica Vehicles Corp with those of its competitors based on recent analyst estimates.

Compare the intrinsic valuations
of Electrameccanica Vehicles Corp and its key competitors using the latest financial data.

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of Electrameccanica Vehicles Corp against its competitors.

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(gross, operating, and net) of Electrameccanica Vehicles Corp compared to its peers.

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of Electrameccanica Vehicles Corp against its peers.

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comparing Electrameccanica Vehicles Corp with its peers.

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of Electrameccanica Vehicles Corp compared to its main competitors.

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for Electrameccanica Vehicles Corp.

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for Electrameccanica Vehicles Corp.

What is the historical Revenue growth
over the last 5 years for Electrameccanica Vehicles Corp?

What is the historical Net Income growth
over the last 5 years for Electrameccanica Vehicles Corp?

What is the current Free Cash Flow
of Electrameccanica Vehicles Corp?

Financials

Balance Sheet Decomposition
Electrameccanica Vehicles Corp

Current Assets 70.9m
Cash & Short-Term Investments 65.5m
Receivables 142.1k
Other Current Assets 5.3m
Non-Current Assets 23.3m
PP&E 18.4m
Intangibles 12k
Other Non-Current Assets 4.8m
Current Liabilities 5.3m
Accounts Payable 1.3m
Accrued Liabilities 3.6m
Other Current Liabilities 349.8k
Non-Current Liabilities 15.7m
Other Non-Current Liabilities 15.7m
Efficiency

Earnings Waterfall
Electrameccanica Vehicles Corp

Revenue
608.4k USD
Cost of Revenue
245.8k USD
Gross Profit
854.2k USD
Operating Expenses
-44.6m USD
Operating Income
-43.7m USD
Other Expenses
-13.9m USD
Net Income
-57.6m USD

Free Cash Flow Analysis
Electrameccanica Vehicles Corp

Last Value
3-Years Average
FCF Margin
Conversion Rate
History
Components
Chart
Table
What is Free Cash Flow?
Fundamental Scores

SOLO Profitability Score
Profitability Due Diligence

Electrameccanica Vehicles Corp's profitability score is 14/100. The higher the profitability score, the more profitable the company is.

ROIC is Increasing
Positive 3-Years Revenue Growth
Declining ROE
Negative 1-Year Revenue Growth
14/100
Profitability
Score

Electrameccanica Vehicles Corp's profitability score is 14/100. The higher the profitability score, the more profitable the company is.

SOLO Solvency Score
Solvency Due Diligence

Electrameccanica Vehicles Corp's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Short-Term Solvency
Long-Term Solvency
Low D/E
Low Altman Z-Score
61/100
Solvency
Score

Electrameccanica Vehicles Corp's solvency score is 61/100. The higher the solvency score, the more solvent the company is.

Wall St
Price Targets

SOLO Price Targets Summary
Electrameccanica Vehicles Corp

Wall Street analysts forecast SOLO stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for SOLO is 0.97 USD with a low forecast of 0.4 USD and a high forecast of 1.58 USD.

Lowest
Price Target
0.4 USD
92% Upside
Average
Price Target
0.97 USD
361% Upside
Highest
Price Target
1.58 USD
650% Upside
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

Ownership

SOLO Insider Trading
Buy and sell transactions by insiders

Cumulative Transactions Amount
Period Sold Bought Net
3 Months
6 Months
9 Months
12 Months
Why is insider trading important?

Shareholder Return

SOLO Price
Electrameccanica Vehicles Corp

1M 1M
-10%
6M 6M
-49%
1Y 1Y
-60%
3Y 3Y
-95%
5Y 5Y
-94%
10Y 10Y
-93%
Annual Price Range
0.21
52w Low
0.21
52w High
0.98
Price Metrics
Average Annual Return 6.17%
Standard Deviation of Annual Returns 127.11%
Max Drawdown -98%
Shares Statistics
Market Capitalization 25.1m USD
Shares Outstanding 119 500 000
Percentage of Shares Shorted 2.92%

SOLO Return Decomposition
Main factors of price return

What is price return decomposition?

SOLO News

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Electrameccanica Vehicles Corp

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Sentiment Analysis
Electrameccanica Vehicles Corp

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Last 90 Days 90D

Company Profile

Electrameccanica Vehicles Corp Logo
Electrameccanica Vehicles Corp

Country

Canada

Industry

Automobiles

Market Cap

25.1m USD

Dividend Yield

0%

Description

Electrameccanica Vehicles Corp. engages in the development and manufacture of electric vehicles. The company is headquartered in Burnaby, British Columbia and currently employs 216 full-time employees. The company went IPO on 2018-08-09. The firm operates through two business segments: Electric Vehicles and Custom build vehicles. Electric Vehicles segment is engaged in the development and manufacture of electric vehicles for mass markets. Custom build vehicles segment is engaged in the development and manufacture of high-end custom-built vehicles. Its flagship EV is the SOLO, which is a single seat vehicle that built approximately 64 prototype vehicles in-house and over 60 pre-production vehicles with its manufacturing partner, Chongqing Zongshen Automobile Industry Co., Ltd. (Zongshen). The firm has approximately 19 retail stores located in the States of California, Arizona, Oregon, Washington and Colorado.

Contact

BRITISH COLUMBIA
Burnaby
8057 North Fraser Way
+16044287656.0
https://electrameccanica.com/

IPO

2018-08-09

Employees

216

Officers

CEO, Interim COO & Director
Ms. Susan E. Docherty
Chief Financial Officer
Mr. Stephen Johnston
General Counsel & Corporate Secretary
Mr. Michael Bridge
Chief Revenue Officer
Ms. Kim Anne Brink
Vice President of IT & Chief Information Officer
Mr. Ajay Kumar
Vice President of Strategy & Chief of Staff
Mr. Conark Shah

See Also

Discover More
What is the Intrinsic Value of one SOLO stock?

The intrinsic value of one SOLO stock under the Base Case scenario is 0.68 USD.

Is SOLO stock undervalued or overvalued?

Compared to the current market price of 0.21 USD, Electrameccanica Vehicles Corp is Undervalued by 69%.