REE Automotive Ltd. (REE)
NASDAQ: REE · IEX Real-Time Price · USD
3.670
0.00 (0.00%)
At close: Apr 16, 2024, 4:00 PM
3.760
+0.090 (2.45%)
After-hours: Apr 16, 2024, 5:55 PM EDT

REE Automotive Statistics

Total Valuation

REE Automotive has a market cap or net worth of $41.17 million. The enterprise value is -$5.78 million.

Market Cap 41.17M
Enterprise Value -5.78M

Important Dates

The next estimated earnings date is Tuesday, May 21, 2024, before market open.

Earnings Date May 21, 2024
Ex-Dividend Date n/a

Share Statistics

REE Automotive has 11.22 million shares outstanding. The number of shares has increased by 3.57% in one year.

Shares Outstanding 11.22M
Shares Change (YoY) +3.57%
Shares Change (QoQ) +1.00%
Owned by Insiders (%) 23.75%
Owned by Institutions (%) 24.33%
Float 7.71M

Valuation Ratios

PE Ratio n/a
Forward PE n/a
PS Ratio 25.60
Forward PS 3.19
PB Ratio 0.53
P/FCF Ratio n/a
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.50.

Current Ratio 2.66
Quick Ratio 2.73
Debt / Equity 0.50
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is -90.10% and return on invested capital (ROIC) is -102.69%.

Return on Equity (ROE) -90.10%
Return on Assets (ROA) -64.70%
Return on Capital (ROIC) -102.69%
Revenue Per Employee $6,590
Profits Per Employee -$468,066
Employee Count 244
Asset Turnover 0.01
Inventory Turnover n/a

Taxes

Income Tax -1.36M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has decreased by -61.81% in the last 52 weeks. The beta is 2.98, so REE Automotive's price volatility has been higher than the market average.

Beta (1Y) 2.98
52-Week Price Change -61.81%
50-Day Moving Average 6.05
200-Day Moving Average 5.90
Relative Strength Index (RSI) 24.47
Average Volume (30 Days) 40,903

Short Selling Information

The latest short interest is 131,909, so 1.18% of the outstanding shares have been sold short.

Short Interest 131,909
Short Previous Month 125,824
Short % of Shares Out 1.18%
Short % of Float 1.71%
Short Ratio (days to cover) 3.71

Income Statement

In the last 12 months, REE Automotive had revenue of $1.61 million and -$114.21 million in losses. Loss per share was -$11.32.

Revenue 1.61M
Gross Profit -1.66M
Operating Income -119.89M
Pretax Income -115.57M
Net Income -114.21M
EBITDA -109.77M
EBIT -115.57M
Loss Per Share -$11.32
Full Income Statement

Balance Sheet

The company has $85.63 million in cash and $38.68 million in debt, giving a net cash position of $46.95 million or $4.19 per share.

Cash & Cash Equivalents 85.63M
Total Debt 38.68M
Net Cash 46.95M
Net Cash Per Share $4.19
Equity / Book Value 78.08M
Book Value Per Share 6.96
Working Capital 58.33M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$89.27 million and capital expenditures -$3.75 million, giving a free cash flow of -$93.02 million.

Operating Cash Flow -89.27M
Capital Expenditures -3.75M
Free Cash Flow -93.02M
FCF Per Share -$8.44
Full Cash Flow Statement

Margins

Gross margin is -103.36%, with operating and profit margins of -7,455.97% and -7,102.49%.

Gross Margin -103.36%
Operating Margin -7,455.97%
Pretax Margin -7,187.06%
Profit Margin -7,102.49%
EBITDA Margin -6,826.31%
EBIT Margin -7,187.06%
FCF Margin -5,784.70%

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 -3.57%
Shareholder Yield -3.57%
Earnings Yield -277.41%
FCF Yield -225.94%

Analyst Forecast

The average price target for REE Automotive is $6.31, which is 71.94% higher than the current price. The consensus rating is "Hold".

Price Target $6.31
Price Target Difference 71.94%
Analyst Consensus Hold
Analyst Count 4
Revenue Growth Forecast (5Y) 67.06%
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 1:30.

Last Split Date Oct 18, 2023
Split Type Reverse
Split Ratio 1:30

Scores

REE Automotive has an Altman Z-Score of -10.32 and a Piotroski F-Score of 1. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score -10.32
Piotroski F-Score 1