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SKYX PLATFORMS CORP (SKYX) Stock Fundamental Analysis

NASDAQ:SKYX - Nasdaq - US78471E1055 - Common Stock - Currency: USD

1.76  -0.08 (-4.35%)

After market: 1.72 -0.04 (-2.27%)

Fundamental Rating

2

SKYX gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 93 industry peers in the Electrical Equipment industry. Both the profitability and financial health of SKYX have multiple concerns. While showing a medium growth rate, SKYX is valued expensive at the moment.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

SKYX had negative earnings in the past year.
SKYX had a negative operating cash flow in the past year.
SKYX had negative earnings in each of the past 5 years.
In the past 5 years SKYX always reported negative operating cash flow.
SKYX Yearly Net Income VS EBIT VS OCF VS FCFSKYX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2019 2020 2021 2022 2023 -20M -40M -60M -80M

1.2 Ratios

SKYX has a Return On Assets of -58.61%. This is in the lower half of the industry: SKYX underperforms 77.17% of its industry peers.
With a Return On Equity value of -993.09%, SKYX is not doing good in the industry: 79.35% of the companies in the same industry are doing better.
Industry RankSector Rank
ROA -58.61%
ROE -993.09%
ROIC N/A
ROA(3y)-58.24%
ROA(5y)-168.34%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
SKYX Yearly ROA, ROE, ROICSKYX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2019 2020 2021 2022 2023 0 2K 4K 6K

1.3 Margins

SKYX has a better Gross Margin (30.23%) than 71.74% of its industry peers.
The Profit Margin and Operating Margin are not available for SKYX so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 30.23%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
SKYX Yearly Profit, Operating, Gross MarginsSKYX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2019 2020 2021 2022 2023 0 -20K -40K -60K -80K -100K

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2. Health

2.1 Basic Checks

SKYX does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, SKYX has more shares outstanding
The debt/assets ratio for SKYX is higher compared to a year ago.
SKYX Yearly Shares OutstandingSKYX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2019 2020 2021 2022 2023 20M 40M 60M 80M
SKYX Yearly Total Debt VS Total AssetsSKYX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2019 2020 2021 2022 2023 20M 40M 60M

2.2 Solvency

SKYX has an Altman-Z score of -2.51. This is a bad value and indicates that SKYX is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -2.51, SKYX is not doing good in the industry: 71.74% of the companies in the same industry are doing better.
A Debt/Equity ratio of 2.15 is on the high side and indicates that SKYX has dependencies on debt financing.
SKYX has a Debt to Equity ratio of 2.15. This is in the lower half of the industry: SKYX underperforms 77.17% of its industry peers.
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF N/A
Altman-Z -2.51
ROIC/WACCN/A
WACC8.94%
SKYX Yearly LT Debt VS Equity VS FCFSKYX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2019 2020 2021 2022 2023 0 10M -10M -20M

2.3 Liquidity

SKYX has a Current Ratio of 0.62. This is a bad value and indicates that SKYX is not financially healthy enough and could expect problems in meeting its short term obligations.
SKYX has a worse Current ratio (0.62) than 86.96% of its industry peers.
SKYX has a Quick Ratio of 0.62. This is a bad value and indicates that SKYX is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of SKYX (0.47) is worse than 85.87% of its industry peers.
Industry RankSector Rank
Current Ratio 0.62
Quick Ratio 0.47
SKYX Yearly Current Assets VS Current LiabilitesSKYX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2019 2020 2021 2022 2023 10M 20M 30M

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3. Growth

3.1 Past

The earnings per share for SKYX have decreased by -6.37% in the last year.
Looking at the last year, SKYX shows a very strong growth in Revenue. The Revenue has grown by 131.48%.
The Revenue has been growing by 509.21% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-6.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)131.48%
Revenue growth 3Y509.21%
Revenue growth 5YN/A
Sales Q2Q%2.55%

3.2 Future

Based on estimates for the next years, SKYX will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.64% on average per year.
The Revenue is expected to grow by 37.00% on average over the next years. This is a very strong growth
EPS Next Y19%
EPS Next 2Y21.86%
EPS Next 3Y19.64%
EPS Next 5YN/A
Revenue Next Year51.44%
Revenue Next 2Y42.25%
Revenue Next 3Y34.49%
Revenue Next 5Y37%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
SKYX Yearly Revenue VS EstimatesSKYX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 100M 200M 300M 400M 500M
SKYX Yearly EPS VS EstimatesSKYX Yearly EPS VS EstimatesYearly EPS VS Estimates 2016 2017 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 -0.1 -0.2 -0.3 -0.4

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4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for SKYX. In the last year negative earnings were reported.
Also next year SKYX 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
SKYX Price Earnings VS Forward Price EarningsSKYX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SKYX Per share dataSKYX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.2 -0.2 0.4 0.6 0.8

4.3 Compensation for Growth

A more expensive valuation may be justified as SKYX's earnings are expected to grow with 19.64% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y21.86%
EPS Next 3Y19.64%

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5. Dividend

5.1 Amount

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

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SKYX PLATFORMS CORP

NASDAQ:SKYX (2/21/2025, 8:00:02 PM)

After market: 1.72 -0.04 (-2.27%)

1.76

-0.08 (-4.35%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)11-12 2024-11-12/amc
Earnings (Next)03-11 2025-03-11/amc
Inst Owners7.91%
Inst Owner ChangeN/A
Ins Owners20.99%
Ins Owner Change2.07%
Market Cap180.40M
Analysts81.82
Price Target3.19 (81.25%)
Short Float %4.88%
Short Ratio5.17
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)16.14%
Min EPS beat(2)8.8%
Max EPS beat(2)23.48%
EPS beat(4)2
Avg EPS beat(4)-11.32%
Min EPS beat(4)-71.57%
Max EPS beat(4)23.48%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-2.55%
Min Revenue beat(2)-7.16%
Max Revenue beat(2)2.07%
Revenue beat(4)2
Avg Revenue beat(4)-5.47%
Min Revenue beat(4)-19.69%
Max Revenue beat(4)2.91%
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)0%
PT rev (3m)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)34%
EPS NY rev (1m)2.41%
EPS NY rev (3m)1.82%
Revenue NQ rev (1m)-11.16%
Revenue NQ rev (3m)-3.72%
Revenue NY rev (1m)-2.52%
Revenue NY rev (3m)-4.73%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 2.13
P/FCF N/A
P/OCF N/A
P/B 47.05
P/tB N/A
EV/EBITDA N/A
EPS(TTM)-0.4
EYN/A
EPS(NY)-0.21
Fwd EYN/A
FCF(TTM)-0.16
FCFYN/A
OCF(TTM)-0.15
OCFYN/A
SpS0.83
BVpS0.04
TBVpS-0.17
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -58.61%
ROE -993.09%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 30.23%
FCFM N/A
ROA(3y)-58.24%
ROA(5y)-168.34%
ROE(3y)N/A
ROE(5y)N/A
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-Score2
Asset Turnover1.3
Health
Industry RankSector Rank
Debt/Equity 2.15
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.62
Quick Ratio 0.47
Altman-Z -2.51
F-Score2
WACC8.94%
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
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)-6.37%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y19%
EPS Next 2Y21.86%
EPS Next 3Y19.64%
EPS Next 5YN/A
Revenue 1Y (TTM)131.48%
Revenue growth 3Y509.21%
Revenue growth 5YN/A
Sales Q2Q%2.55%
Revenue Next Year51.44%
Revenue Next 2Y42.25%
Revenue Next 3Y34.49%
Revenue Next 5Y37%
EBIT growth 1Y-13.18%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year63.16%
EBIT Next 3Y30.24%
EBIT Next 5Y26.39%
FCF growth 1Y-36.08%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-37.55%
OCF growth 3YN/A
OCF growth 5YN/A