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AEVA TECHNOLOGIES INC (AEVA) Stock Fundamental Analysis

NASDAQ:AEVA - Nasdaq - US00835Q2021 - Common Stock - Currency: USD

3.91  -0.16 (-3.93%)

After market: 3.96 +0.05 (+1.28%)

Fundamental Rating

3

AEVA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 124 industry peers in the Electronic Equipment, Instruments & Components industry. AEVA has a great financial health rating, but its profitability evaluates not so good. AEVA is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

AEVA had negative earnings in the past year.
In the past year AEVA has reported a negative cash flow from operations.
AEVA had negative earnings in each of the past 5 years.
In the past 5 years AEVA always reported negative operating cash flow.
AEVA Yearly Net Income VS EBIT VS OCF VS FCFAEVA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 -50M -100M -150M

1.2 Ratios

AEVA has a Return On Assets of -95.24%. This is amonst the worse of the industry: AEVA underperforms 92.50% of its industry peers.
Looking at the Return On Equity, with a value of -124.62%, AEVA is doing worse than 87.50% of the companies in the same industry.
Industry RankSector Rank
ROA -95.24%
ROE -124.62%
ROIC N/A
ROA(3y)-40.19%
ROA(5y)-47.56%
ROE(3y)-44.11%
ROE(5y)-53.53%
ROIC(3y)N/A
ROIC(5y)N/A
AEVA Yearly ROA, ROE, ROICAEVA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 -20 -40 -60 -80

1.3 Margins

AEVA does not have Profit Margin and Operating Margin and Gross Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
AEVA Yearly Profit, Operating, Gross MarginsAEVA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 0 -1K -2K -3K

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2. Health

2.1 Basic Checks

AEVA does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for AEVA has been increased compared to 1 year ago.
There is no outstanding debt for AEVA. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
AEVA Yearly Shares OutstandingAEVA Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 10M 20M 30M 40M 50M
AEVA Yearly Total Debt VS Total AssetsAEVA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 100M 200M 300M 400M

2.2 Solvency

AEVA has an Altman-Z score of -3.54. This is a bad value and indicates that AEVA is not financially healthy and even has some risk of bankruptcy.
AEVA has a worse Altman-Z score (-3.54) than 85.00% of its industry peers.
AEVA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z -3.54
ROIC/WACCN/A
WACC9.06%
AEVA Yearly LT Debt VS Equity VS FCFAEVA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 0 100M -100M 200M 300M 400M

2.3 Liquidity

AEVA has a Current Ratio of 4.32. This indicates that AEVA is financially healthy and has no problem in meeting its short term obligations.
AEVA has a Current ratio of 4.32. This is in the better half of the industry: AEVA outperforms 74.17% of its industry peers.
AEVA has a Quick Ratio of 4.26. This indicates that AEVA is financially healthy and has no problem in meeting its short term obligations.
With an excellent Quick ratio value of 4.26, AEVA belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 4.32
Quick Ratio 4.26
AEVA Yearly Current Assets VS Current LiabilitesAEVA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 100M 200M 300M 400M

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3. Growth

3.1 Past

AEVA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.51%, which is quite good.
Looking at the last year, AEVA shows a very strong growth in Revenue. The Revenue has grown by 176.22%.
Measured over the past years, AEVA shows a decrease in Revenue. The Revenue has been decreasing by -3.80% on average per year.
EPS 1Y (TTM)18.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%6.67%
Revenue 1Y (TTM)176.22%
Revenue growth 3Y-3.8%
Revenue growth 5YN/A
Sales Q2Q%177.78%

3.2 Future

Based on estimates for the next years, AEVA will show a very strong growth in Earnings Per Share. The EPS will grow by 29.27% on average per year.
Based on estimates for the next years, AEVA will show a very strong growth in Revenue. The Revenue will grow by 200.91% on average per year.
EPS Next Y28.65%
EPS Next 2Y15.89%
EPS Next 3Y12.26%
EPS Next 5Y29.27%
Revenue Next Year105.68%
Revenue Next 2Y83.61%
Revenue Next 3Y122.66%
Revenue Next 5Y200.91%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
AEVA Yearly Revenue VS EstimatesAEVA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B
AEVA Yearly EPS VS EstimatesAEVA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 5 10

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4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for AEVA. In the last year negative earnings were reported.
Also next year AEVA is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
AEVA Price Earnings VS Forward Price EarningsAEVA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20 30

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
AEVA Per share dataAEVA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 -2

4.3 Compensation for Growth

AEVA's earnings are expected to grow with 12.26% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y15.89%
EPS Next 3Y12.26%

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5. Dividend

5.1 Amount

AEVA does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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AEVA TECHNOLOGIES INC

NASDAQ:AEVA (2/21/2025, 8:00:11 PM)

After market: 3.96 +0.05 (+1.28%)

3.91

-0.16 (-3.93%)

Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)02-19 2025-02-19/amc
Earnings (Next)05-05 2025-05-05/amc
Inst Owners48.37%
Inst Owner Change5.27%
Ins Owners31.68%
Ins Owner Change-3.59%
Market Cap210.67M
Analysts82
Price Target5.58 (42.71%)
Short Float %5.16%
Short Ratio3.83
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.37%
Min EPS beat(2)-16.71%
Max EPS beat(2)3.98%
EPS beat(4)2
Avg EPS beat(4)-7.2%
Min EPS beat(4)-26.05%
Max EPS beat(4)10%
EPS beat(8)4
Avg EPS beat(8)-5.26%
EPS beat(12)6
Avg EPS beat(12)-4.49%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)15.12%
Min Revenue beat(2)5.04%
Max Revenue beat(2)25.2%
Revenue beat(4)4
Avg Revenue beat(4)13%
Min Revenue beat(4)0.25%
Max Revenue beat(4)25.2%
Revenue beat(8)6
Avg Revenue beat(8)-1.86%
Revenue beat(12)8
Avg Revenue beat(12)-4.46%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-44.97%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.33%
EPS NY rev (1m)0%
EPS NY rev (3m)1.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.92%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.9%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 26.4
P/FCF N/A
P/OCF N/A
P/B 1.63
P/tB 1.65
EV/EBITDA N/A
EPS(TTM)-2.73
EYN/A
EPS(NY)-2.14
Fwd EYN/A
FCF(TTM)-2.21
FCFYN/A
OCF(TTM)-2.1
OCFYN/A
SpS0.15
BVpS2.4
TBVpS2.36
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -95.24%
ROE -124.62%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM N/A
FCFM N/A
ROA(3y)-40.19%
ROA(5y)-47.56%
ROE(3y)-44.11%
ROE(5y)-53.53%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score4
Asset Turnover0.05
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 102.37%
Cap/Sales 70.8%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 4.32
Quick Ratio 4.26
Altman-Z -3.54
F-Score4
WACC9.06%
ROIC/WACCN/A
Cap/Depr(3y)362.63%
Cap/Depr(5y)252.29%
Cap/Sales(3y)136.38%
Cap/Sales(5y)91.44%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.51%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%6.67%
EPS Next Y28.65%
EPS Next 2Y15.89%
EPS Next 3Y12.26%
EPS Next 5Y29.27%
Revenue 1Y (TTM)176.22%
Revenue growth 3Y-3.8%
Revenue growth 5YN/A
Sales Q2Q%177.78%
Revenue Next Year105.68%
Revenue Next 2Y83.61%
Revenue Next 3Y122.66%
Revenue Next 5Y200.91%
EBIT growth 1Y3.59%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-2.36%
EBIT Next 3Y-5.8%
EBIT Next 5YN/A
FCF growth 1Y0.93%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-4.91%
OCF growth 3YN/A
OCF growth 5YN/A