Joby Aviation Inc
NYSE:JOBY

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Joby Aviation Inc Logo
Joby Aviation Inc
NYSE:JOBY
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Price: 13.84 USD 4.85% Market Closed
Market Cap: 12.6B USD
Section:
 

Relative Value

The Relative Value of one JOBY stock under the Base Case scenario is 4.74 USD. Compared to the current market price of 13.84 USD, Joby Aviation Inc is Overvalued by 66%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

JOBY Relative Value
Base Case
4.74 USD
Overvaluation 66%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

534.4
P/S
P/S
Price to Sales
534.4
vs History
38
vs Industry
100
Median 3Y
3 137.3
Median 5Y
0
Industry
0.5
Forward
350.8
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-10.5
Median 5Y
-13
Industry
8.8
Forward
-11.9
More Details
Negative
P/OCF
P/OCF
Price to OCF
N/A
vs History
vs Industry
Median 3Y
-12.6
Median 5Y
-14.9
Industry
3.2
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
Median 3Y
-11.5
Median 5Y
-13.5
Industry
14.2
More Details
13.5
P/B
P/B
Price to Book Value
13.5
vs History
9
vs Industry
5
Median 3Y
4.4
Median 5Y
3.8
Industry
2
More Details
491.5
EV/S
EV/S
Enterprise Value to Sales
491.5
vs History
38
vs Industry
100
Median 3Y
2 444.4
Median 5Y
0
Industry
0.9
Forward
322.7
More Details
886.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
886.6
vs History
38
vs Industry
100
Median 3Y
3 101.9
Median 5Y
0
Industry
3
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-7.1
Median 5Y
-7.9
Industry
6
Forward
-20.5
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-6.6
Median 5Y
-7.7
Industry
10.3
Forward
-16.1
More Details
Negative
EV/OCF
EV/OCF
Enterprise Value to OCF
N/A
vs History
vs Industry
Median 3Y
-9.5
Median 5Y
-11.9
Industry
5.7
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-8.5
Median 5Y
-10.2
Industry
11.6
More Details
29.7
EV/IC
EV/IC
Enterprise Value to IC
29.7
vs History
11
vs Industry
5
Median 3Y
12.8
Median 5Y
11.8
Industry
0.8
More Details

Multiples Across Competitors

JOBY Competitors Multiples
Joby Aviation Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Joby Aviation Inc
NYSE:JOBY
12.1B USD 534.4 -11.5 -17.8 -16.8
US
Delta Air Lines Inc
NYSE:DAL
46.2B USD 0.7 10 9.1 9.1
US
United Airlines Holdings Inc
NASDAQ:UAL
36.8B USD 0.6 11.2 8.6 8.6
UK
International Consolidated Airlines Group SA
LSE:IAG
19.6B GBP 0.6 6.7 161.1 240.8
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
19.5B CHF 0 -1 404.3 -1 404.9 -1 404.9
CN
Air China Ltd
SSE:601111
156B CNY 0.9 576.1 -8 089.5 -8 089.5
IN
Interglobe Aviation Ltd
NSE:INDIGO
2T INR 2.4 38.7 9.7 18
US
Southwest Airlines Co
NYSE:LUV
21.8B USD 0.8 57.6 12 73.1
IE
Ryanair Holdings PLC
LSE:RYA
15.4B EUR 1.1 8 4.5 6.8
CN
China Southern Airlines Co Ltd
SSE:600029
137.5B CNY 0.8 -101.6 41.3 41.3
CN
China Eastern Airlines Corp Ltd
SSE:600115
126.6B CNY 0.9 -63.8 142.3 142.3
P/E Multiple
Earnings Growth PEG
US
Joby Aviation Inc
NYSE:JOBY
Average P/E: 101.2
Negative Multiple: -11.5 		N/A N/A
US
Delta Air Lines Inc
NYSE:DAL
10
15%
0.7
US
United Airlines Holdings Inc
NASDAQ:UAL
11.2
15%
0.7
UK
International Consolidated Airlines Group SA
LSE:IAG
6.7
12%
0.6
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.3 N/A N/A
CN
Air China Ltd
SSE:601111
576.1
N/A N/A
IN
Interglobe Aviation Ltd
NSE:INDIGO
38.7
15%
2.6
US
Southwest Airlines Co
NYSE:LUV
57.6
58%
1
IE
R
Ryanair Holdings PLC
LSE:RYA
8
14%
0.6
CN
China Southern Airlines Co Ltd
SSE:600029
Negative Multiple: -101.6 N/A N/A
CN
China Eastern Airlines Corp Ltd
SSE:600115
Negative Multiple: -63.8 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Joby Aviation Inc
NYSE:JOBY
Average EV/EBITDA: 48.5
Negative Multiple: -17.8 		N/A N/A
US
Delta Air Lines Inc
NYSE:DAL
9.1
7%
1.3
US
United Airlines Holdings Inc
NASDAQ:UAL
8.6
7%
1.2
UK
International Consolidated Airlines Group SA
LSE:IAG
161.1
8%
20.1
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
CN
Air China Ltd
SSE:601111
Negative Multiple: -8 089.5 N/A N/A
IN
Interglobe Aviation Ltd
NSE:INDIGO
9.7
14%
0.7
US
Southwest Airlines Co
NYSE:LUV
12
27%
0.4
IE
R
Ryanair Holdings PLC
LSE:RYA
4.5
10%
0.4
CN
China Southern Airlines Co Ltd
SSE:600029
41.3
102%
0.4
CN
China Eastern Airlines Corp Ltd
SSE:600115
142.3
285%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Joby Aviation Inc
NYSE:JOBY
Average EV/EBIT: 67.5
Negative Multiple: -16.8 		N/A N/A
US
Delta Air Lines Inc
NYSE:DAL
9.1
8%
1.1
US
United Airlines Holdings Inc
NASDAQ:UAL
8.6
8%
1.1
UK
International Consolidated Airlines Group SA
LSE:IAG
240.8
9%
26.8
CH
Kinarus Therapeutics Holding AG
SIX:KNRS
Negative Multiple: -1 404.9 N/A N/A
CN
Air China Ltd
SSE:601111
Negative Multiple: -8 089.5 N/A N/A
IN
Interglobe Aviation Ltd
NSE:INDIGO
18
11%
1.6
US
Southwest Airlines Co
NYSE:LUV
73.1
90%
0.8
IE
R
Ryanair Holdings PLC
LSE:RYA
6.8
11%
0.6
CN
China Southern Airlines Co Ltd
SSE:600029
41.3
33%
1.3
CN
China Eastern Airlines Corp Ltd
SSE:600115
142.3
145%
1

See Also

Summary
JOBY intrinsic value, competitors valuation, and company profile.
DCF Valuation
JOBY stock valuation using Discount Cash Flow valuation method.
Relative Valuation
JOBY stock valuation using valuation multiples.
Wall Street Estimates
JOBY price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
JOBY stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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