JOBY AVIATION INC (JOBY) Stock Fundamental Analysis
NYSE:JOBY - New York Stock Exchange, Inc. - KYG651631007 - Common Stock - Currency: USD
We assign a fundamental rating of 3 out of 10 to JOBY. JOBY was compared to 23 industry peers in the Passenger Airlines industry. No worries on liquidiy or solvency for JOBY as it has an excellent financial health rating, but there are worries on the profitability. JOBY does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year JOBY has reported negative net income.
JOBY had a negative operating cash flow in the past year.
In the past 5 years JOBY always reported negative net income.
JOBY had a negative operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -49.45%, JOBY is not doing good in the industry: 82.61% of the companies in the same industry are doing better.
With a Return On Equity value of -61.05%, JOBY is not doing good in the industry: 60.87% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -49.45% | ||
| ROE | -61.05% | ||
| ROIC | N/A |
ROA(3y)-24.16%
ROA(5y)-23.22%
ROE(3y)-28.48%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
JOBY has a better Gross Margin (77.99%) than 100.00% of its industry peers.
The Profit Margin and Operating Margin are not available for JOBY so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 77.99% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
JOBY does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for JOBY has been increased compared to 1 year ago.
JOBY has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 15.27 indicates that JOBY is not in any danger for bankruptcy at the moment.
JOBY's Altman-Z score of 15.27 is amongst the best of the industry. JOBY outperforms 100.00% of its industry peers.
There is no outstanding debt for JOBY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 15.27 |
ROIC/WACCN/A
WACC9.59%
2.3 Liquidity
A Current Ratio of 16.12 indicates that JOBY has no problem at all paying its short term obligations.
Looking at the Current ratio, with a value of 16.12, JOBY belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
JOBY has a Quick Ratio of 16.12. This indicates that JOBY is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of JOBY (16.12) is better than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 16.12 | ||
| Quick Ratio | 16.12 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.67% over the past year.
EPS 1Y (TTM)6.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
3.2 Future
Based on estimates for the next years, JOBY will show a small growth in Earnings Per Share. The EPS will grow by 3.61% on average per year.
The Revenue is expected to grow by 254.09% on average over the next years. This is a very strong growth
EPS Next Y7.65%
EPS Next 2Y2.49%
EPS Next 3Y2.62%
EPS Next 5Y3.61%
Revenue Next Year-67.7%
Revenue Next 2Y320.49%
Revenue Next 3Y333.88%
Revenue Next 5Y254.09%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for JOBY. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for JOBY. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y2.49%
EPS Next 3Y2.62%
5. Dividend
5.1 Amount
JOBY does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
6.98
-0.49 (-6.56%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryPassenger Airlines
Earnings (Last)
Earnings (Next)
Inst Owners42.69%
Inst Owner Change42.17%
Ins Owners0.94%
Ins Owner Change0.16%
Market Cap5.34B
Analysts73.33
Price Target8.93 (27.94%)
Short Float %11.83%
Short Ratio3.85
Dividend
| Industry Rank | Sector 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)-1.17%
Min EPS beat(2)-6.95%
Max EPS beat(2)4.61%
EPS beat(4)3
Avg EPS beat(4)6.38%
Min EPS beat(4)-6.95%
Max EPS beat(4)18.42%
EPS beat(8)5
Avg EPS beat(8)-9.25%
EPS beat(12)7
Avg EPS beat(12)1.14%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-62.59%
Min Revenue beat(2)-89.02%
Max Revenue beat(2)-36.16%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)13.95%
PT rev (3m)6.06%
EPS NQ rev (1m)-0.86%
EPS NQ rev (3m)-1.3%
EPS NY rev (1m)-0.23%
EPS NY rev (3m)-4.1%
Revenue NQ rev (1m)-20%
Revenue NQ rev (3m)-44.65%
Revenue NY rev (1m)58.38%
Revenue NY rev (3m)-3.73%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 4798.14 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 6.84 | ||
| P/tB | 7.05 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.7
EYN/A
EPS(NY)-0.77
Fwd EYN/A
FCF(TTM)-0.56
FCFYN/A
OCF(TTM)-0.52
OCFYN/A
SpS0
BVpS1.02
TBVpS0.99
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -49.45% | ||
| ROE | -61.05% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 77.99% | ||
| FCFM | N/A |
ROA(3y)-24.16%
ROA(5y)-23.22%
ROE(3y)-28.48%
ROE(5y)-26.03%
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
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 96.57% | ||
| Cap/Sales | 2970.71% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 16.12 | ||
| Quick Ratio | 16.12 | ||
| Altman-Z | 15.27 |
F-Score4
WACC9.59%
ROIC/WACCN/A
Cap/Depr(3y)177.31%
Cap/Depr(5y)215.7%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)6.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y7.65%
EPS Next 2Y2.49%
EPS Next 3Y2.62%
EPS Next 5Y3.61%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%N/A
Revenue Next Year-67.7%
Revenue Next 2Y320.49%
Revenue Next 3Y333.88%
Revenue Next 5Y254.09%
EBIT growth 1Y-29.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year5.69%
EBIT Next 3Y6.59%
EBIT Next 5Y10.81%
FCF growth 1Y-61.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-72.36%
OCF growth 3YN/A
OCF growth 5YN/A