Vicinity Motor Corp Stock Shares Outstanding
| VEV Stock | USD 0.72 0.05 7.46% |
Vicinity Motor Corp fundamentals help investors to digest information that contributes to Vicinity's financial success or failures. It also enables traders to predict the movement of Vicinity Stock. The fundamental analysis module provides a way to measure Vicinity's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Vicinity stock.
Common Stock Shares Outstanding is likely to climb to about 47.9 M in 2024. Vicinity | Shares Outstanding |
Vicinity Motor Corp Company Shares Outstanding Analysis
Vicinity's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Vicinity Shares Outstanding | 45.67 M |
Most of Vicinity's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Vicinity Motor Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Vicinity Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Vicinity is extremely important. It helps to project a fair market value of Vicinity Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Vicinity's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Vicinity's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Vicinity's interrelated accounts and indicators.
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Vicinity Shares Outstanding Historical Pattern
Today, most investors in Vicinity Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Vicinity's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Vicinity shares outstanding as a starting point in their analysis.
Vicinity Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Vicinity Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Vicinity Motor Corp has 45.67 M of shares currently outstending. This is 75.06% lower than that of the Automobile Components sector and 96.84% lower than that of the Consumer Discretionary industry. The shares outstanding for all United States stocks is 92.01% higher than that of the company.
Vicinity Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Vicinity's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Vicinity could also be used in its relative valuation, which is a method of valuing Vicinity by comparing valuation metrics of similar companies.Vicinity is currently under evaluation in shares outstanding category among related companies.
Vicinity Current Valuation Drivers
We derive many important indicators used in calculating different scores of Vicinity from analyzing Vicinity's financial statements. These drivers represent accounts that assess Vicinity's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Vicinity's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 52.0M | 34.6M | 125.1M | 38.1M | 37.4M | 31.6M | |
| Enterprise Value | 54.2M | 40.1M | 130.8M | 43.7M | 62.4M | 40.5M |
Vicinity Fundamentals
| Return On Equity | -0.57 | ||||
| Return On Asset | -0.0908 | ||||
| Profit Margin | (0.87) % | ||||
| Operating Margin | (0.85) % | ||||
| Current Valuation | 66.23 M | ||||
| Shares Outstanding | 45.67 M | ||||
| Shares Owned By Insiders | 10.17 % | ||||
| Shares Owned By Institutions | 0.27 % | ||||
| Number Of Shares Shorted | 3.6 K | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 1.51 X | ||||
| Revenue | 19.05 M | ||||
| Gross Profit | 4.24 M | ||||
| EBITDA | (7.97 M) | ||||
| Net Income | (16.63 M) | ||||
| Cash And Equivalents | 9.36 M | ||||
| Cash Per Share | 0.23 X | ||||
| Total Debt | 27.08 M | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.50 X | ||||
| Book Value Per Share | 0.46 X | ||||
| Cash Flow From Operations | (24.7 M) | ||||
| Short Ratio | 0.09 X | ||||
| Earnings Per Share | (0.36) X | ||||
| Target Price | 2.0 | ||||
| Number Of Employees | 57 | ||||
| Beta | 0.49 | ||||
| Market Capitalization | 33.18 M | ||||
| Total Asset | 74.19 M | ||||
| Retained Earnings | (64.28 M) | ||||
| Working Capital | (2.86 M) | ||||
| Net Asset | 74.19 M |
About Vicinity Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Vicinity Motor Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Vicinity using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Vicinity Motor Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Vicinity Motor Corp is a strong investment it is important to analyze Vicinity's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Vicinity's future performance. For an informed investment choice regarding Vicinity Stock, refer to the following important reports:Check out Vicinity Piotroski F Score and Vicinity Altman Z Score analysis. Note that the Vicinity Motor Corp information on this page should be used as a complementary analysis to other Vicinity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Complementary Tools for Vicinity Stock analysis
When running Vicinity's price analysis, check to measure Vicinity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Vicinity is operating at the current time. Most of Vicinity's value examination focuses on studying past and present price action to predict the probability of Vicinity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Vicinity's price. Additionally, you may evaluate how the addition of Vicinity to your portfolios can decrease your overall portfolio volatility.
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Is Vicinity's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Vicinity. If investors know Vicinity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Vicinity listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.36) | Revenue Per Share 0.418 | Quarterly Revenue Growth 1.503 | Return On Assets (0.09) | Return On Equity (0.57) |
The market value of Vicinity Motor Corp is measured differently than its book value, which is the value of Vicinity that is recorded on the company's balance sheet. Investors also form their own opinion of Vicinity's value that differs from its market value or its book value, called intrinsic value, which is Vicinity's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Vicinity's market value can be influenced by many factors that don't directly affect Vicinity's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Vicinity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Vicinity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Vicinity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.