REE Automotive Ltd. (REE)
REE Automotive Ltd. Statistics
Share Statistics
REE Automotive Ltd. has 22.26M shares outstanding. The number of shares has increased by 93.52% in one year.
| Shares Outstanding | 22.26M |
| Shares Change (YoY) | 93.52% |
| Shares Change (QoQ) | 59.53% |
| Owned by Institutions (%) | 0.96% |
| Shares Floating | 14.53M |
| Failed to Deliver (FTD) Shares | 8.49K |
| FTD / Avg. Volume | 13.7% |
Short Selling Information
The latest short interest is 279.74K, so 1.29% of the outstanding shares have been sold short.
| Short Interest | 279.74K |
| Short % of Shares Out | 1.29% |
| Short % of Float | 1.93% |
| Short Ratio (days to cover) | 5.83 |
Valuation Ratios
The PE ratio is -0.45 and the forward PE ratio is -2.35. REE Automotive Ltd.'s PEG ratio is -0.15.
| PE Ratio | -0.45 |
| Forward PE | -2.35 |
| PS Ratio | 32.25 |
| Forward PS | 0.1 |
| PB Ratio | 0.66 |
| P/FCF Ratio | -0.56 |
| PEG Ratio | -0.15 |
Enterprise Valuation
REE Automotive Ltd. has an Enterprise Value (EV) of 49.29M.
| EV / Earnings | -0.43 |
| EV / Sales | 30.66 |
| EV / EBITDA | -0.43 |
| EV / EBIT | -0.41 |
| EV / FCF | -0.53 |
Financial Position
The company has a current ratio of 2.66, with a Debt / Equity ratio of 0.5.
| Current Ratio | 2.66 |
| Quick Ratio | 2.64 |
| Debt / Equity | 0.5 |
| Total Debt / Capitalization | 33.13 |
| Cash Flow / Debt | -2.31 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is -1.46% and return on capital (ROIC) is -101.48%.
| Return on Equity (ROE) | -1.46% |
| Return on Assets (ROA) | -0.83% |
| Return on Capital (ROIC) | -101.48% |
| Revenue Per Employee | $6,590.16 |
| Profits Per Employee | $-468,065.57 |
| Employee Count | 244 |
| Asset Turnover | 0.01 |
| Inventory Turnover | 19.59 |
Taxes
| Income Tax | -1.36M |
| Effective Tax Rate | 0.01 |
Stock Price Statistics
The stock price has increased by -33.45% in the last 52 weeks. The beta is 2.94, so REE Automotive Ltd.'s price volatility has been higher than the market average.
| Beta | 2.94 |
| 52-Week Price Change | -33.45% |
| 50-Day Moving Average | 7.45 |
| 200-Day Moving Average | 6.29 |
| Relative Strength Index (RSI) | 24.53 |
| Average Volume (20 Days) | 61.99K |
Income Statement
In the last 12 months, REE Automotive Ltd. had revenue of 1.61M and earned -114.21M in profits. Earnings per share was -11.32.
| Revenue | 1.61M |
| Gross Profit | -7.46M |
| Operating Income | -119.89M |
| Net Income | -114.21M |
| EBITDA | -114.09M |
| EBIT | -119.89M |
| Earnings Per Share (EPS) | -11.32 |
Balance Sheet
The company has 41.23M in cash and 38.68M in debt, giving a net cash position of 2.56M.
| Cash & Cash Equivalents | 41.23M |
| Total Debt | 38.68M |
| Net Cash | 2.56M |
| Retained Earnings | -836.14M |
| Total Assets | 143.89M |
| Working Capital | 69.86M |
Cash Flow
In the last 12 months, operating cash flow was -89.27M and capital expenditures -3.75M, giving a free cash flow of -93.02M.
| Operating Cash Flow | -89.27M |
| Capital Expenditures | -3.75M |
| Free Cash Flow | -93.02M |
| FCF Per Share | -9.22 |
Margins
Gross margin is -464.12%, with operating and profit margins of -7.46K% and -7.1K%.
| Gross Margin | -464.12% |
| Operating Margin | -7.46K% |
| Pretax Margin | -7.19K% |
| Profit Margin | -7.1K% |
| EBITDA Margin | -7.1K% |
| EBIT Margin | -7.46K% |
| FCF Margin | -5.78K% |
Dividends & Yields
REE does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -293.26% |
| FCF Yield | -108.26% |
Analyst Forecast
The average price target for REE is $14, which is 262.7% higher than the current price. The consensus rating is "Buy".
| Price Target | $14 |
| Price Target Difference | 262.7% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
Stock Splits
The last stock split was on Oct 18, 2023. It was a backward split with a ratio of 1:30.
| Last Split Date | Oct 18, 2023 |
| Split Type | backward |
| Split Ratio | 1:30 |
Scores
| Altman Z-Score | -9.71 |
| Piotroski F-Score | 1 |