Nikola Corp Valuation
| NKLADelisted Stock | USD 0.06 0 4.48% |
Nikola Corp seems to be overvalued based on Macroaxis valuation methodology. Our model forecasts the value of Nikola Corp from analyzing the firm fundamentals such as Return On Equity of -1.29, shares outstanding of 84.47 M, and Operating Margin of (5.77) % as well as examining its technical indicators and probability of bankruptcy.
Overvalued
Today
Please note that Nikola Corp's price fluctuation is out of control at this time. Calculation of the real value of Nikola Corp is based on 3 months time horizon. Increasing Nikola Corp's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Since Nikola Corp is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Nikola Stock. However, Nikola Corp's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. | Historical | Market 0.063 | Real 0.0599 | Hype 0.06 | Naive 0.0402 |
The real value of Nikola Stock, also known as its intrinsic value, is the underlying worth of Nikola Corp Company, which is reflected in its stock price. It is based on Nikola Corp's financial performance, growth prospects, management team, or industry conditions. The intrinsic value of Nikola Corp's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, or news.
Estimating the potential upside or downside of Nikola Corp helps investors to forecast how Nikola stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Nikola Corp more accurately as focusing exclusively on Nikola Corp's fundamentals will not take into account other important factors: Nikola Corp Total Value Analysis
Nikola Corp is now expected to have valuation of 164.67 M with market capitalization of 15.46 M, debt of 284.86 M, and cash on hands of 319.94 M. Please note that valuation may be misleading and is a subject to auditing or accounting errors. We encourage investors to vigilantly validate all of the Nikola Corp fundamentals before making equity appraisal based on enterprise value of the company| Takeover Price | Market Cap | Debt Obligations | Cash |
164.67 M | 15.46 M | 284.86 M | 319.94 M |
Nikola Corp Investor Information
About 38.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.03. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Nikola Corp recorded a loss per share of 12.34. The entity had not issued any dividends in recent years. The firm had 1:30 split on the 25th of June 2024. Based on the analysis of Nikola Corp's profitability, liquidity, and operating efficiency, Nikola Corp is not in a good financial situation at the moment. It has a very high risk of going through financial straits in August.Nikola Corp Asset Utilization
The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Nikola Corp has an asset utilization ratio of 2.81 percent. This suggests that the Company is making $0.0281 for each dollar of assets. An increasing asset utilization means that Nikola Corp is more efficient with each dollar of assets it utilizes for everyday operations.Nikola Corp Ownership Allocation
Nikola Corp maintains a total of 84.47 Million outstanding shares. 30% of Nikola Corp outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.Nikola Corp Profitability Analysis
The company reported the previous year's revenue of 35.84 M. Net Loss for the year was (864.62 M) with loss before overhead, payroll, taxes, and interest of (212.48 M).Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Nikola Corp's worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Nikola Corp and how it compares across the competition.
About Nikola Corp Valuation
The delisted stock valuation mechanism determines Nikola Corp's current worth on a weekly basis. Our valuation model uses a comparative analysis of Nikola Corp. We calculate exposure to Nikola Corp's market risk, different technical and fundamental indicators, and relevant financial multiples and ratios and then compare them to those of Nikola Corp's related companies.Nikola Corporation operates as a technology innovator and integrator that works to develop energy and transportation solutions. The company also assembles, integrates, and commissions its vehicles in collaboration with its business partners and suppliers. Nikola Corp operates under Farm Heavy Construction Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 900 people.
Nikola Corp Growth Indicators
Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines.
| Common Stock Shares Outstanding | 26.7 M |
Check out Correlation Analysis to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Other Consideration for investing in Nikola Stock
If you are still planning to invest in Nikola Corp check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nikola Corp's history and understand the potential risks before investing.
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