MULLEN AUTOMOTIVE INC (MULN)
US62526P4063 - Common Stock
We assign a fundamental rating of 1 out of 10 to MULN. MULN was compared to 42 industry peers in the Automobiles industry. The financial health of MULN is average, but there are quite some concerns on its profitability. MULN does not seem to be growing, but still is valued expensively.
1. Profitability
1.1 Basic Checks
In the past year MULN has reported negative net income.
In the past year MULN has reported a negative cash flow from operations.
In the past 5 years MULN always reported negative net income.
MULN had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a Return On Assets value of -240.26%, MULN is not doing good in the industry: 95.24% of the companies in the same industry are doing better.
With a Return On Equity value of -1322.68%, MULN is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -240.26% | ||
| ROE | -1322.68% | ||
| ROIC | N/A |
ROA(3y)-169.58%
ROA(5y)-111.2%
ROE(3y)-670.22%
ROE(5y)-443.53%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 58.83%, MULN belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
MULN's Gross Margin has improved in the last couple of years.
MULN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 58.83% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y16.75%
GM growth 5Y11.35%
2. Health
2.1 Basic Checks
MULN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MULN has been reduced compared to 1 year ago.
The number of shares outstanding for MULN has been increased compared to 5 years ago.
The debt/assets ratio for MULN has been reduced compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -20.94, we must say that MULN is in the distress zone and has some risk of bankruptcy.
MULN's Altman-Z score of -20.94 is on the low side compared to the rest of the industry. MULN is outperformed by 85.71% of its industry peers.
There is no outstanding debt for MULN. 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 | -20.94 |
ROIC/WACCN/A
WACC7.57%
2.3 Liquidity
A Current Ratio of 0.53 indicates that MULN may have some problems paying its short term obligations.
MULN's Current ratio of 0.53 is on the low side compared to the rest of the industry. MULN is outperformed by 85.71% of its industry peers.
MULN has a Quick Ratio of 0.53. This is a bad value and indicates that MULN is not financially healthy enough and could expect problems in meeting its short term obligations.
MULN has a Quick ratio of 0.23. This is amonst the worse of the industry: MULN underperforms 88.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.23 |
3. Growth
3.1 Past
MULN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -3340.19%.
Looking at the last year, MULN shows a very negative growth in Revenue. The Revenue has decreased by -49.49% in the last year.
Measured over the past years, MULN shows a very negative growth in Revenue. The Revenue has been decreasing by -63.94% on average per year.
EPS 1Y (TTM)-3340.19%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-7000.6%
Revenue 1Y (TTM)-49.49%
Revenue growth 3Y-82.21%
Revenue growth 5Y-63.94%
Sales Q2Q%-78.95%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
MULN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
| 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 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
MULN does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
MULLEN AUTOMOTIVE INC
NASDAQ:MULN (11/22/2024, 8:00:00 PM)
After market: 2.97 +0.04 (+1.37%)2.93
-0.27 (-8.44%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap6.24M
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -240.26% | ||
| ROE | -1322.68% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 58.83% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 0.53 | ||
| Quick Ratio | 0.23 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)-3340.19%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-49.49%
Revenue growth 3Y-82.21%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y