REE Automotive Statistics
Total Valuation
REE Automotive has a market cap or net worth of $133.36 million. The enterprise value is $98.90 million.
Important Dates
The next estimated earnings date is Friday, November 29, 2024, before market open.
| Earnings Date | Nov 29, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
REE Automotive has 18.61 million shares outstanding. The number of shares has increased by 11.32% in one year.
| Current Share Class | 18.61M |
| Shares Outstanding | 18.61M |
| Shares Change (YoY) | +11.32% |
| Shares Change (QoQ) | +16.52% |
| Owned by Insiders (%) | 9.48% |
| Owned by Institutions (%) | 28.13% |
| Float | 10.13M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | n/a |
| PS Ratio | 88.32 |
| Forward PS | 1.63 |
| PB Ratio | 1.17 |
| P/TBV Ratio | 1.95 |
| P/FCF Ratio | n/a |
| P/OCF Ratio | n/a |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | 119.88 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 2.21, with a Debt / Equity ratio of 0.58.
| Current Ratio | 2.21 |
| Quick Ratio | 1.98 |
| Debt / Equity | 0.58 |
| Debt / EBITDA | n/a |
| Debt / FCF | n/a |
| Interest Coverage | -217.96 |
Financial Efficiency
Return on equity (ROE) is -99.09% and return on invested capital (ROIC) is -50.89%.
| Return on Equity (ROE) | -99.09% |
| Return on Assets (ROA) | -44.95% |
| Return on Capital (ROIC) | -50.89% |
| Revenue Per Employee | $3,381 |
| Profits Per Employee | -$390,758 |
| Employee Count | 244 |
| Asset Turnover | 0.01 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, REE Automotive has paid $105,000 in taxes.
| Income Tax | 105,000 |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +38.16% in the last 52 weeks. The beta is 3.03, so REE Automotive's price volatility has been higher than the market average.
| Beta (5Y) | 3.03 |
| 52-Week Price Change | +38.16% |
| 50-Day Moving Average | 6.95 |
| 200-Day Moving Average | 5.22 |
| Relative Strength Index (RSI) | 42.12 |
| Average Volume (20 Days) | 55,117 |
Short Selling Information
The latest short interest is 268,285, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 268,285 |
| Short Previous Month | 297,779 |
| Short % of Shares Out | 1.44% |
| Short % of Float | 2.65% |
| Short Ratio (days to cover) | 2.74 |
Income Statement
In the last 12 months, REE Automotive had revenue of $825,000 and -$95.35 million in losses. Loss per share was -$8.62.
| Revenue | 825,000 |
| Gross Profit | -2.96M |
| Operating Income | -101.57M |
| Pretax Income | n/a |
| Net Income | -95.35M |
| EBITDA | -98.79M |
| EBIT | -101.57M |
| Loss Per Share | -$8.62 |
Full Income StatementBalance Sheet
The company has $60.50 million in cash and $36.74 million in debt, giving a net cash position of $23.76 million or $1.28 per share.
| Cash & Cash Equivalents | 60.50M |
| Total Debt | 36.74M |
| Net Cash | 23.76M |
| Net Cash Per Share | $1.28 |
| Equity (Book Value) | 62.88M |
| Book Value Per Share | 5.65 |
| Working Capital | 40.99M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was -$80.85 million and capital expenditures -$2.92 million, giving a free cash flow of -$83.77 million.
| Operating Cash Flow | -80.85M |
| Capital Expenditures | -2.92M |
| Free Cash Flow | -83.77M |
| FCF Per Share | -$4.50 |
Full Cash Flow StatementMargins
| Gross Margin | n/a |
| Operating Margin | -12,311.27% |
| Pretax Margin | -11,544.24% |
| Profit Margin | n/a |
| EBITDA Margin | n/a |
| EBIT Margin | n/a |
| FCF Margin | n/a |
Dividends & Yields
REE Automotive does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -11.32% |
| Shareholder Yield | -11.32% |
| Earnings Yield | -77.73% |
| FCF Yield | -68.29% |
Analyst Forecast
The average price target for REE Automotive is $9.25, which is 29.10% higher than the current price. The consensus rating is "Buy".
| Price Target | $9.25 |
| Price Target Difference | 29.10% |
| Analyst Consensus | Buy |
| Analyst Count | 4 |
| Revenue Growth Forecast (5Y) | 250.30% |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
The last stock split was on October 18, 2023. It was a reverse split with a ratio of 0.0333333:1.
| Last Split Date | Oct 18, 2023 |
| Split Type | Reverse |
| Split Ratio | 0.0333333:1 |
Scores
REE Automotive has an Altman Z-Score of -12.33 and a Piotroski F-Score of 2. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | -12.33 |
| Piotroski F-Score | 2 |