Nikola Enterprise Value Multiple from 2010 to 2024
| NKLA Stock | USD 2.10 0.08 3.96% |
Enterprise Value Multiple | First Reported 2010-12-31 | Previous Quarter (0.70) | Current Value (0.74) | Quarterly Volatility 13.64112474 |
Check Nikola Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nikola Corp's main balance sheet or income statement drivers, such as Interest Expense of 79.8 M, Income Tax Expense of 12.6 K or Tax Provision of 3.8 K, as well as many indicators such as Price To Sales Ratio of 18.51, Dividend Yield of 0.0 or PTB Ratio of 0.92. Nikola financial statements analysis is a perfect complement when working with Nikola Corp Valuation or Volatility modules.
Nikola | Enterprise Value Multiple |
Latest Nikola Corp's Enterprise Value Multiple Growth Pattern
Below is the plot of the Enterprise Value Multiple of Nikola Corp over the last few years. It is Nikola Corp's Enterprise Value Multiple historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nikola Corp's overall financial position and show how it may be relating to other accounts over time.
| Enterprise Value Multiple | 10 Years Trend |
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Enterprise Value Multiple |
| Timeline |
Nikola Enterprise Value Multiple Regression Statistics
| Arithmetic Mean | (22.24) | |
| Coefficient Of Variation | (61.35) | |
| Mean Deviation | 12.22 | |
| Median | (31.48) | |
| Standard Deviation | 13.64 | |
| Sample Variance | 186.08 | |
| Range | 30.7821 | |
| R-Value | 0.84 | |
| Mean Square Error | 59.21 | |
| R-Squared | 0.70 | |
| Significance | 0.000091 | |
| Slope | 2.56 | |
| Total Sum of Squares | 2,605 |
Nikola Enterprise Value Multiple History
About Nikola Corp Financial Statements
Nikola Corp stakeholders use historical fundamental indicators, such as Nikola Corp's Enterprise Value Multiple, to determine how well the company is positioned to perform in the future. Although Nikola Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Nikola Corp's assets and liabilities are reflected in the revenues and expenses on Nikola Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Nikola Corp. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Enterprise Value Multiple | (0.70) | (0.74) |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Nikola Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nikola Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nikola Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nikola Corp Stock:Check out the analysis of Nikola Corp Correlation against competitors. For information on how to trade Nikola Stock refer to our How to Trade Nikola Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nikola Corp. If investors know Nikola will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nikola Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (12.34) | Revenue Per Share 1.691 | Quarterly Revenue Growth 1.039 | Return On Assets (0.31) | Return On Equity (1.29) |
The market value of Nikola Corp is measured differently than its book value, which is the value of Nikola that is recorded on the company's balance sheet. Investors also form their own opinion of Nikola Corp's value that differs from its market value or its book value, called intrinsic value, which is Nikola Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nikola Corp's market value can be influenced by many factors that don't directly affect Nikola Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nikola Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nikola Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nikola Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.