REE Automotive Ltd. (REE)
NASDAQ: REE · Real-Time Price · USD
7.36
-0.12 (-1.63%)
Nov 5, 2024, 12:40 PM EST - Market open

REE Automotive Statistics

Total Valuation

REE Automotive has a market cap or net worth of $136.96 million. The enterprise value is $115.65 million.

Market Cap 136.96M
Enterprise Value 115.65M

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 (%) 25.44%
Float 11.71M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 100.38
Forward PS 1.85
PB Ratio 1.33
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales 140.19
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 +162.81% 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 +162.81%
50-Day Moving Average 6.03
200-Day Moving Average 5.13
Relative Strength Index (RSI) 54.62
Average Volume (20 Days) 78,786

Short Selling Information

The latest short interest is 297,779, so 1.60% of the outstanding shares have been sold short.

Short Interest 297,779
Short Previous Month 279,230
Short % of Shares Out 1.60%
Short % of Float 2.54%
Short Ratio (days to cover) 0.37

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 Statement

Balance 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 Sheet

Cash 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 Statement

Margins

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 -68.39%
FCF Yield -60.09%

Analyst Forecast

The average price target for REE Automotive is $9.25, which is 25.71% higher than the current price. The consensus rating is "Buy".

Price Target $9.25
Price Target Difference 25.71%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 250.30%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock 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