Vicinity Motor Corp Stock Fundamentals
| VEV Stock | USD 0 0.0003 14.29% |
Vicinity Motor Corp fundamentals help investors to digest information that contributes to Vicinity's financial success or failures. It also enables traders to predict the movement of Vicinity Stock. The fundamental analysis module provides a way to measure Vicinity'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 Vicinity stock.
At this time, Vicinity's Cost Of Revenue is fairly stable compared to the past year. Vicinity | Select Account or Indicator |
Vicinity Motor Corp Company Return On Equity Analysis
Vicinity's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Vicinity Return On Equity | -0.66 |
Most of Vicinity's fundamental indicators, such as Return On Equity, 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, Vicinity Motor Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vicinity Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Vicinity is extremely important. It helps to project a fair market value of Vicinity Stock properly, considering its historical fundamentals such as Return On Equity. Since Vicinity'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 Vicinity'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 Vicinity's interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Vicinity Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Vicinity Motor Corp has a Return On Equity of -0.6619. This is 118.39% lower than that of the Automobile Components sector and 93.64% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 113.52% higher than that of the company.
Vicinity Motor Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Vicinity's current stock value. Our valuation model uses many indicators to compare Vicinity value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Vicinity competition to find correlations between indicators driving Vicinity's intrinsic value. More Info.Vicinity Motor Corp is rated below average in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Vicinity's Return On Equity is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Vicinity by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Vicinity Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vicinity's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vicinity could also be used in its relative valuation, which is a method of valuing Vicinity by comparing valuation metrics of similar companies.Vicinity is currently under evaluation in return on equity category among its peers.
Vicinity Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vicinity from analyzing Vicinity's financial statements. These drivers represent accounts that assess Vicinity's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vicinity's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 34.2M | 40.4M | 108.5M | 38.0M | 48.3M | 31.9M | |
| Enterprise Value | 39.7M | 46.2M | 111.2M | 43.6M | 72.8M | 40.0M |
Vicinity Fundamentals
| Return On Equity | -0.66 | ||||
| Return On Asset | -0.0749 | ||||
| Profit Margin | (0.60) % | ||||
| Operating Margin | (0.04) % | ||||
| Current Valuation | 27.31 M | ||||
| Shares Outstanding | 50.48 M | ||||
| Shares Owned By Insiders | 9.20 % | ||||
| Shares Owned By Institutions | 0.33 % | ||||
| Number Of Shares Shorted | 787.46 K | ||||
| Price To Book | 0 X | ||||
| Price To Sales | 0.09 X | ||||
| Revenue | 19.05 M | ||||
| Gross Profit | 4.24 M | ||||
| EBITDA | (10.18 M) | ||||
| Net Income | (16.63 M) | ||||
| Cash And Equivalents | 9.36 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 27.08 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.50 X | ||||
| Book Value Per Share | 0.41 X | ||||
| Cash Flow From Operations | (24.7 M) | ||||
| Short Ratio | 0.20 X | ||||
| Earnings Per Share | (0.39) X | ||||
| Target Price | 1.0 | ||||
| Number Of Employees | 57 | ||||
| Beta | 0.32 | ||||
| Market Capitalization | 2.53 M | ||||
| Total Asset | 74.19 M | ||||
| Retained Earnings | (64.28 M) | ||||
| Working Capital | (2.86 M) | ||||
| Net Asset | 74.19 M |
About Vicinity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vicinity Motor Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vicinity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vicinity Motor Corp 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 4.4 M | 4.7 M | |
| Total Revenue | 19.1 M | 22.9 M | |
| Cost Of Revenue | 16.9 M | 20.2 M | |
| Stock Based Compensation To Revenue | 0.05 | 0.05 | |
| Sales General And Administrative To Revenue | 0.56 | 0.62 | |
| Research And Ddevelopement To Revenue | 0.05 | 0.09 | |
| Capex To Revenue | 0.13 | 0.12 | |
| Revenue Per Share | 0.42 | 0.79 | |
| Ebit Per Revenue | (0.59) | (0.62) |
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Additional Tools for Vicinity Stock Analysis
When running Vicinity's price analysis, check to measure Vicinity'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 Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.