TESLA INC (TSLA)
US88160R1014 - Common Stock
We assign a fundamental rating of 6 out of 10 to TSLA. TSLA was compared to 38 industry peers in the Automobiles industry. TSLA scores excellent points on both the profitability and health parts. This is a solid base for a good stock. TSLA is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes TSLA very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
TSLA had positive earnings in the past year.
In the past year TSLA had a positive cash flow from operations.
Of the past 5 years TSLA 4 years were profitable.
Each year in the past 5 years TSLA had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 12.50%, TSLA belongs to the top of the industry, outperforming 94.59% of the companies in the same industry.
With an excellent Return On Equity value of 21.21%, TSLA belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
The Return On Invested Capital of TSLA (7.33%) is better than 86.49% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for TSLA is in line with the industry average of 12.26%.
The 3 year average ROIC (13.59%) for TSLA is well above the current ROIC(7.33%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.5% | ||
| ROE | 21.21% | ||
| ROIC | 7.33% |
ROA(3y)12.75%
ROA(5y)7.41%
ROE(3y)23.46%
ROE(5y)12.07%
ROIC(3y)13.59%
ROIC(5y)9.04%
1.3 Margins
TSLA's Profit Margin of 14.41% is amongst the best of the industry. TSLA outperforms 97.30% of its industry peers.
In the last couple of years the Profit Margin of TSLA has grown nicely.
With an excellent Operating Margin value of 7.81%, TSLA belongs to the best of the industry, outperforming 86.49% of the companies in the same industry.
TSLA's Operating Margin has improved in the last couple of years.
TSLA has a Gross Margin of 17.78%. This is in the better half of the industry: TSLA outperforms 70.27% of its industry peers.
TSLA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.81% | ||
| PM (TTM) | 14.41% | ||
| GM | 17.78% |
OM growth 3Y13.26%
OM growth 5YN/A
PM growth 3Y92.05%
PM growth 5YN/A
GM growth 3Y-4.61%
GM growth 5Y-0.63%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TSLA is creating some value.
TSLA has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TSLA has more shares outstanding
Compared to 1 year ago, TSLA has a worse debt to assets ratio.
2.2 Solvency
An Altman-Z score of 9.27 indicates that TSLA is not in any danger for bankruptcy at the moment.
TSLA has a Altman-Z score of 9.27. This is amongst the best in the industry. TSLA outperforms 94.59% of its industry peers.
The Debt to FCF ratio of TSLA is 3.88, which is a good value as it means it would take TSLA, 3.88 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of TSLA (3.88) is better than 83.78% of its industry peers.
A Debt/Equity ratio of 0.05 indicates that TSLA is not too dependend on debt financing.
TSLA's Debt to Equity ratio of 0.05 is fine compared to the rest of the industry. TSLA outperforms 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | 3.88 | ||
| Altman-Z | 9.27 |
ROIC/WACC0.63
WACC11.64%
2.3 Liquidity
A Current Ratio of 1.72 indicates that TSLA should not have too much problems paying its short term obligations.
With a Current ratio value of 1.72, TSLA perfoms like the industry average, outperforming 59.46% of the companies in the same industry.
TSLA has a Quick Ratio of 1.17. This is a normal value and indicates that TSLA is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TSLA (1.17) is comparable to the rest of the industry.
TSLA does not score too well on the current and quick ratio evaluation. However, as it has excellent solvency and profitability, these ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.17 |
3. Growth
3.1 Past
TSLA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -29.03%.
The Earnings Per Share has been growing by 61.63% on average over the past years. This is a very strong growth
Looking at the last year, TSLA shows a quite strong growth in Revenue. The Revenue has grown by 10.12% in the last year.
The Revenue has been growing by 35.15% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-29.03%
EPS 3Y61.63%
EPS 5YN/A
EPS growth Q2Q-47.06%
Revenue 1Y (TTM)10.12%
Revenue growth 3Y45.32%
Revenue growth 5Y35.15%
Revenue growth Q2Q-8.69%
3.2 Future
TSLA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.86% yearly.
The Revenue is expected to grow by 15.92% on average over the next years. This is quite good.
EPS Next Y-9.72%
EPS Next 2Y11.24%
EPS Next 3Y15.86%
EPS Next 5Y18.86%
Revenue Next Year7.81%
Revenue Next 2Y13.33%
Revenue Next 3Y14.61%
Revenue Next 5Y15.92%
3.3 Evolution
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 63.73, which means the current valuation is very expensive for TSLA.
Based on the Price/Earnings ratio, TSLA is valued a bit cheaper than the industry average as 64.86% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 28.91. TSLA is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 44.92, TSLA can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, TSLA is valued a bit cheaper than the industry average as 72.97% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 20.51. TSLA is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 63.73 | ||
| Fwd PE | 44.92 |
4.2 Price Multiples
TSLA's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. TSLA is cheaper than 67.57% of the companies in the same industry.
TSLA's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. TSLA is cheaper than 75.68% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 401.51 | ||
| EV/EBITDA | 43.19 |
4.3 Compensation for Growth
The excellent profitability rating of TSLA may justify a higher PE ratio.
A more expensive valuation may be justified as TSLA's earnings are expected to grow with 15.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y11.24%
EPS Next 3Y15.86%
5. Dividend
5.1 Amount
TSLA does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
TESLA INC
NASDAQ:TSLA (5/15/2024, 7:13:35 PM)
After market: 174.24 +0.25 (+0.14%)173.99
-3.56 (-2.01%)
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 Cap554.89B
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 | 63.73 | ||
| Fwd PE | 44.92 | ||
| 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 | 12.5% | ||
| ROE | 21.21% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.81% | ||
| PM (TTM) | 14.41% | ||
| GM | 17.78% | ||
| 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 Turnover0.87
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.05 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.72 | ||
| Quick Ratio | 1.17 | ||
| 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)
Growth
EPS 1Y (TTM)-29.03%
EPS 3Y61.63%
EPS 5Y
EPS growth Q2Q
EPS Next Y-9.72%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)10.12%
Revenue growth 3Y45.32%
Revenue growth 5Y
Revenue growth 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