TESLA INC (TSLA) Stock Fundamental Analysis
NASDAQ:TSLA - Nasdaq - US88160R1014 - Common Stock - Currency: USD
We assign a fundamental rating of 7 out of 10 to TSLA. TSLA was compared to 37 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 overvalued while it is showing excellent growth. This is an interesting combination. With these ratings, TSLA could be worth investigating further for growth and quality investing!.
1. Profitability
1.1 Basic Checks
In the past year TSLA was profitable.
TSLA had a positive operating cash flow in the past year.
TSLA had positive earnings in each of the past 5 years.
TSLA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TSLA has a Return On Assets of 5.09%. This is amongst the best in the industry. TSLA outperforms 91.89% of its industry peers.
TSLA's Return On Equity of 8.53% is amongst the best of the industry. TSLA outperforms 81.08% of its industry peers.
TSLA has a Return On Invested Capital of 5.91%. This is amongst the best in the industry. TSLA outperforms 94.59% of its industry peers.
TSLA had an Average Return On Invested Capital over the past 3 years of 11.83%. This is significantly above the industry average of 6.62%.
The last Return On Invested Capital (5.91%) for TSLA is well below the 3 year average (11.83%), which needs to be investigated, but indicates that TSLA had better years and this may not be a problem.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.09% | ||
| ROE | 8.53% | ||
| ROIC | 5.91% |
ROA(3y)11.73%
ROA(5y)9.08%
ROE(3y)20.62%
ROE(5y)16.66%
ROIC(3y)11.83%
ROIC(5y)10.37%
1.3 Margins
TSLA has a Profit Margin of 6.65%. This is amongst the best in the industry. TSLA outperforms 91.89% of its industry peers.
TSLA's Profit Margin has declined in the last couple of years.
The Operating Margin of TSLA (7.40%) is better than 94.59% of its industry peers.
In the last couple of years the Operating Margin of TSLA has grown nicely.
TSLA has a better Gross Margin (17.66%) than 70.27% of its industry peers.
In the last couple of years the Gross Margin of TSLA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.4% | ||
| PM (TTM) | 6.65% | ||
| GM | 17.66% |
OM growth 3Y-13.01%
OM growth 5Y89.45%
PM growth 3Y-10.74%
PM growth 5YN/A
GM growth 3Y-10.93%
GM growth 5Y1.53%
2. Health
2.1 Basic Checks
TSLA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TSLA has more shares outstanding than it did 1 year ago.
TSLA has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, TSLA has a worse debt to assets ratio.
2.2 Solvency
TSLA has an Altman-Z score of 13.04. This indicates that TSLA is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 13.04, TSLA belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
TSLA has a debt to FCF ratio of 1.11. This is a very positive value and a sign of high solvency as it would only need 1.11 years to pay back of all of its debts.
TSLA has a better Debt to FCF ratio (1.11) than 97.30% of its industry peers.
TSLA has a Debt/Equity ratio of 0.07. This is a healthy value indicating a solid balance between debt and equity.
TSLA's Debt to Equity ratio of 0.07 is amongst the best of the industry. TSLA outperforms 86.49% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.11 | ||
| Altman-Z | 13.04 |
ROIC/WACC0.37
WACC15.91%
2.3 Liquidity
A Current Ratio of 2.00 indicates that TSLA should not have too much problems paying its short term obligations.
The Current ratio of TSLA (2.00) is better than 78.38% of its industry peers.
A Quick Ratio of 1.54 indicates that TSLA should not have too much problems paying its short term obligations.
TSLA has a Quick ratio of 1.54. This is in the better half of the industry: TSLA outperforms 78.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2 | ||
| Quick Ratio | 1.54 |
3. Growth
3.1 Past
TSLA shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -17.95%.
Measured over the past years, TSLA shows a very strong growth in Earnings Per Share. The EPS has been growing by 103.90% on average per year.
TSLA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.03%.
TSLA shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 31.78% yearly.
EPS 1Y (TTM)-17.95%
EPS 3Y2.31%
EPS 5Y103.9%
EPS Q2Q%-40%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y21.98%
Revenue growth 5Y31.78%
Sales Q2Q%-9.23%
3.2 Future
The Earnings Per Share is expected to grow by 29.41% on average over the next years. This is a very strong growth
TSLA is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.69% yearly.
EPS Next Y-17.72%
EPS Next 2Y9.21%
EPS Next 3Y16.11%
EPS Next 5Y29.41%
Revenue Next Year-2.89%
Revenue Next 2Y8.1%
Revenue Next 3Y11.54%
Revenue Next 5Y17.69%
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
TSLA is valuated quite expensively with a Price/Earnings ratio of 132.95.
Based on the Price/Earnings ratio, TSLA is valued a bit cheaper than the industry average as 70.27% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.30. TSLA is valued rather expensively when compared to this.
With a Price/Forward Earnings ratio of 103.19, 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 64.86% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 21.76. TSLA is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 132.95 | ||
| Fwd PE | 103.19 |
4.2 Price Multiples
70.27% of the companies in the same industry are more expensive than TSLA, based on the Enterprise Value to EBITDA ratio.
TSLA's Price/Free Cash Flow ratio is rather cheap when compared to the industry. TSLA is cheaper than 83.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 141.48 | ||
| EV/EBITDA | 71.86 |
4.3 Compensation for Growth
TSLA has an outstanding profitability rating, which may justify a higher PE ratio.
TSLA's earnings are expected to grow with 16.11% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)1.28
EPS Next 2Y9.21%
EPS Next 3Y16.11%
5. Dividend
5.1 Amount
No dividends for TSLA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
297.81
+3.87 (+1.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners50.09%
Inst Owner Change-0.01%
Ins Owners12.81%
Ins Owner Change16.54%
Market Cap959.23B
Analysts67.33
Price Target295.08 (-0.92%)
Short Float %2.75%
Short Ratio0.67
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)0
Avg EPS beat(2)-19.23%
Min EPS beat(2)-32.34%
Max EPS beat(2)-6.13%
EPS beat(4)1
Avg EPS beat(4)-8.97%
Min EPS beat(4)-32.34%
Max EPS beat(4)20.83%
EPS beat(8)2
Avg EPS beat(8)-6.98%
EPS beat(12)5
Avg EPS beat(12)-2.34%
EPS beat(16)9
Avg EPS beat(16)4.75%
Revenue beat(2)0
Avg Revenue beat(2)-8.89%
Min Revenue beat(2)-10.21%
Max Revenue beat(2)-7.56%
Revenue beat(4)1
Avg Revenue beat(4)-4.89%
Min Revenue beat(4)-10.21%
Max Revenue beat(4)0.93%
Revenue beat(8)1
Avg Revenue beat(8)-4.17%
Revenue beat(12)1
Avg Revenue beat(12)-3.56%
Revenue beat(16)4
Avg Revenue beat(16)-1.97%
PT rev (1m)2.25%
PT rev (3m)-10.62%
EPS NQ rev (1m)-6.21%
EPS NQ rev (3m)-29.75%
EPS NY rev (1m)-1.44%
EPS NY rev (3m)-27.18%
Revenue NQ rev (1m)-3.74%
Revenue NQ rev (3m)-13.14%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-10.77%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 132.95 | ||
| Fwd PE | 103.19 | ||
| P/S | 10.02 | ||
| P/FCF | 141.48 | ||
| P/OCF | 56.97 | ||
| P/B | 12.85 | ||
| P/tB | 13.08 | ||
| EV/EBITDA | 71.86 |
EPS(TTM)2.24
EY0.75%
EPS(NY)2.89
Fwd EY0.97%
FCF(TTM)2.1
FCFY0.71%
OCF(TTM)5.23
OCFY1.76%
SpS29.72
BVpS23.18
TBVpS22.76
PEG (NY)N/A
PEG (5Y)1.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.09% | ||
| ROE | 8.53% | ||
| ROCE | 7.43% | ||
| ROIC | 5.91% | ||
| ROICexc | 9.66% | ||
| ROICexgc | 9.88% | ||
| OM | 7.4% | ||
| PM (TTM) | 6.65% | ||
| GM | 17.66% | ||
| FCFM | 7.08% |
ROA(3y)11.73%
ROA(5y)9.08%
ROE(3y)20.62%
ROE(5y)16.66%
ROIC(3y)11.83%
ROIC(5y)10.37%
ROICexc(3y)19.43%
ROICexc(5y)17.56%
ROICexgc(3y)19.79%
ROICexgc(5y)18.13%
ROCE(3y)14.87%
ROCE(5y)13.04%
ROICexcg growth 3Y-20.75%
ROICexcg growth 5Y96.88%
ROICexc growth 3Y-19.54%
ROICexc growth 5Y97.08%
OM growth 3Y-13.01%
OM growth 5Y89.45%
PM growth 3Y-10.74%
PM growth 5YN/A
GM growth 3Y-10.93%
GM growth 5Y1.53%
F-Score4
Asset Turnover0.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.07 | ||
| Debt/FCF | 1.11 | ||
| Debt/EBITDA | 0.42 | ||
| Cap/Depr | 180.59% | ||
| Cap/Sales | 10.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 133.09% | ||
| Profit Quality | 106.47% | ||
| Current Ratio | 2 | ||
| Quick Ratio | 1.54 | ||
| Altman-Z | 13.04 |
F-Score4
WACC15.91%
ROIC/WACC0.37
Cap/Depr(3y)197.79%
Cap/Depr(5y)201.66%
Cap/Sales(3y)9.87%
Cap/Sales(5y)10.96%
Profit Quality(3y)46.43%
Profit Quality(5y)118.76%
High Growth Momentum
Growth
EPS 1Y (TTM)-17.95%
EPS 3Y2.31%
EPS 5Y103.9%
EPS Q2Q%-40%
EPS Next Y-17.72%
EPS Next 2Y9.21%
EPS Next 3Y16.11%
EPS Next 5Y29.41%
Revenue 1Y (TTM)1.03%
Revenue growth 3Y21.98%
Revenue growth 5Y31.78%
Sales Q2Q%-9.23%
Revenue Next Year-2.89%
Revenue Next 2Y8.1%
Revenue Next 3Y11.54%
Revenue Next 5Y17.69%
EBIT growth 1Y-4.27%
EBIT growth 3Y6.11%
EBIT growth 5Y149.66%
EBIT Next Year70.37%
EBIT Next 3Y43.07%
EBIT Next 5Y46.51%
FCF growth 1Y17.34%
FCF growth 3Y0.93%
FCF growth 5Y29.91%
OCF growth 1Y27.15%
OCF growth 3Y9.08%
OCF growth 5Y44.06%