VELODYNE LIDAR INC (VLDR) Stock Fundamental Analysis
NASDAQ:VLDR - Nasdaq - US92259F1012 - Common Stock - Currency: USD
Taking everything into account, VLDR scores 3 out of 10 in our fundamental rating. VLDR was compared to 124 industry peers in the Electronic Equipment, Instruments & Components industry. While VLDR seems to be doing ok healthwise, there are quite some concerns on its profitability. VLDR is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
VLDR had negative earnings in the past year.
VLDR had a negative operating cash flow in the past year.
1.2 Ratios
VLDR has negative profitability rations, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for VLDR so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/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
2. Health
2.1 Basic Checks
VLDR does not have a ROIC to compare to the WACC, probably because it is not profitable.
VLDR has more shares outstanding than it did 1 year ago.
VLDR 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
Based on the Altman-Z score of -1.68, we must say that VLDR is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -1.68, VLDR is doing worse than 84.13% of the companies in the same industry.
There is no outstanding debt for VLDR. 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 | -1.68 |
ROIC/WACCN/A
WACC9.95%
2.3 Liquidity
VLDR has a Current Ratio of 5.51. This indicates that VLDR is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of VLDR (5.51) is better than 78.57% of its industry peers.
A Quick Ratio of 5.26 indicates that VLDR has no problem at all paying its short term obligations.
With a decent Quick ratio value of 5.26, VLDR is doing good in the industry, outperforming 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 5.51 | ||
| Quick Ratio | 5.26 |
3. Growth
3.1 Past
VLDR shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.52%.
The Revenue for VLDR has decreased by -27.81% in the past year. This is quite bad
Measured over the past years, VLDR shows a very negative growth in Revenue. The Revenue has been decreasing by -24.33% on average per year.
EPS 1Y (TTM)-9.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.58%
Revenue 1Y (TTM)-27.81%
Revenue growth 3Y-24.33%
Revenue growth 5YN/A
Sales Q2Q%-26.18%
3.2 Future
The Earnings Per Share is expected to grow by 14.16% on average over the next years. This is quite good.
Based on estimates for the next years, VLDR will show a very strong growth in Revenue. The Revenue will grow by 38.87% on average per year.
EPS Next Y0.26%
EPS Next 2Y13.89%
EPS Next 3Y13.59%
EPS Next 5Y14.16%
Revenue Next Year-34.05%
Revenue Next 2Y-1.03%
Revenue Next 3Y25.77%
Revenue Next 5Y38.87%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for VLDR. In the last year negative earnings were reported.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for VLDR. 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
A more expensive valuation may be justified as VLDR's earnings are expected to grow with 13.59% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.89%
EPS Next 3Y13.59%
5. Dividend
5.1 Amount
VLDR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.26
+0.01 (+0.8%)
Chartmill FA Rating
GICS SectorInformation Technology
GICS IndustryGroupTechnology Hardware & Equipment
GICS IndustryElectronic Equipment, Instruments & Components
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner ChangeN/A
Ins Owners9.29%
Ins Owner Change0%
Market Cap300.24M
Analysts50.91
Price Target4.37 (246.83%)
Short Float %N/A
Short RatioN/A
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)2
Avg EPS beat(2)26.45%
Min EPS beat(2)16.99%
Max EPS beat(2)35.9%
EPS beat(4)3
Avg EPS beat(4)10.11%
Min EPS beat(4)-22.45%
Max EPS beat(4)35.9%
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)-2.12%
Min Revenue beat(2)-4.91%
Max Revenue beat(2)0.67%
Revenue beat(4)2
Avg Revenue beat(4)-10.25%
Min Revenue beat(4)-40.08%
Max Revenue beat(4)3.3%
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)14.64%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.91%
EPS NY rev (1m)0%
EPS NY rev (3m)17.14%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 6.69 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.39 | ||
| P/tB | 1.4 | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.69
EYN/A
EPS(NY)-0.47
Fwd EYN/A
FCF(TTM)-0.55
FCFYN/A
OCF(TTM)-0.53
OCFYN/A
SpS0.19
BVpS0.9
TBVpS0.9
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | N/A | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
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-Score3
Asset Turnover0.16
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 63.88% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 5.51 | ||
| Quick Ratio | 5.26 | ||
| Altman-Z | -1.68 |
F-Score3
WACC9.95%
ROIC/WACCN/A
Cap/Depr(3y)57.1%
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)-9.52%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%31.58%
EPS Next Y0.26%
EPS Next 2Y13.89%
EPS Next 3Y13.59%
EPS Next 5Y14.16%
Revenue 1Y (TTM)-27.81%
Revenue growth 3Y-24.33%
Revenue growth 5YN/A
Sales Q2Q%-26.18%
Revenue Next Year-34.05%
Revenue Next 2Y-1.03%
Revenue Next 3Y25.77%
Revenue Next 5Y38.87%
EBIT growth 1Y41.42%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-0.11%
EBIT Next 3Y9.87%
EBIT Next 5YN/A
FCF growth 1Y-33.18%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-38.21%
OCF growth 3YN/A
OCF growth 5YN/A