Joby Aviation Stock Fundamentals
| JOBY Stock | USD 6.80 0.60 9.68% |
Joby Aviation fundamentals help investors to digest information that contributes to Joby Aviation's financial success or failures. It also enables traders to predict the movement of Joby Stock. The fundamental analysis module provides a way to measure Joby Aviation's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Joby Aviation stock.
At this time, Joby Aviation's Tax Provision is fairly stable compared to the past year. Net Interest Income is likely to rise to about 47.8 M in 2024, whereas Depreciation And Amortization is likely to drop slightly above 21.4 M in 2024. Joby | Select Account or Indicator |
Joby Aviation Company Return On Asset Analysis
Joby Aviation's Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
Current Joby Aviation Return On Asset | -0.31 |
Most of Joby Aviation's fundamental indicators, such as Return On Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Joby Aviation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
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Joby Total Assets
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Based on the latest financial disclosure, Joby Aviation has a Return On Asset of -0.3107. This is 39.08% lower than that of the Passenger Airlines sector and 131.38% lower than that of the Industrials industry. The return on asset for all United States stocks is 121.93% higher than that of the company.
Joby Aviation Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Joby Aviation's current stock value. Our valuation model uses many indicators to compare Joby Aviation value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Joby Aviation competition to find correlations between indicators driving Joby Aviation's intrinsic value. More Info.Joby Aviation is rated third overall in return on equity category among its peers. It also is rated third overall in return on asset category among its peers . At this time, Joby Aviation's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Joby Aviation's earnings, one of the primary drivers of an investment's value.Joby Return On Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Joby Aviation's direct or indirect competition against its Return On Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Joby Aviation could also be used in its relative valuation, which is a method of valuing Joby Aviation by comparing valuation metrics of similar companies.Joby Aviation is currently under evaluation in return on asset category among its peers.
Joby Aviation ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Joby Aviation's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Joby Aviation's managers, analysts, and investors.Environmental | Governance | Social |
Joby Fundamentals
| Return On Equity | -0.5 | ||||
| Return On Asset | -0.31 | ||||
| Current Valuation | 4.07 B | ||||
| Shares Outstanding | 765.09 M | ||||
| Shares Owned By Insiders | 34.02 % | ||||
| Shares Owned By Institutions | 39.91 % | ||||
| Number Of Shares Shorted | 78.06 M | ||||
| Price To Book | 6.07 X | ||||
| Price To Sales | 4,262 X | ||||
| Revenue | 1.03 M | ||||
| EBITDA | (441.6 M) | ||||
| Net Income | (513.05 M) | ||||
| Cash And Equivalents | 1.15 B | ||||
| Cash Per Share | 1.89 X | ||||
| Total Debt | 30.66 M | ||||
| Debt To Equity | 0 % | ||||
| Current Ratio | 39.24 X | ||||
| Book Value Per Share | 1.09 X | ||||
| Cash Flow From Operations | (313.83 M) | ||||
| Short Ratio | 4.45 X | ||||
| Earnings Per Share | (0.70) X | ||||
| Price To Earnings To Growth | 0.75 X | ||||
| Target Price | 7.47 | ||||
| Number Of Employees | 1.78 K | ||||
| Beta | 1.97 | ||||
| Market Capitalization | 4.74 B | ||||
| Total Asset | 1.27 B | ||||
| Retained Earnings | (1.25 B) | ||||
| Working Capital | 1.01 B | ||||
| Net Asset | 1.27 B |
About Joby Aviation Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Joby Aviation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joby Aviation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joby Aviation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 2.9 M | 3.1 M | |
| Total Revenue | 1 M | 1.1 M | |
| Cost Of Revenue | 200 K | 190 K | |
| Stock Based Compensation To Revenue | 81.66 | 72.58 | |
| Sales General And Administrative To Revenue | 92.16 | 81.92 | |
| Research And Ddevelopement To Revenue | 320.10 | 284.54 | |
| Capex To Revenue | 26.68 | 23.72 | |
| Ebit Per Revenue | (411.71) | (432.30) |
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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.Additional Tools for Joby Stock Analysis
When running Joby Aviation's price analysis, check to measure Joby Aviation's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joby Aviation is operating at the current time. Most of Joby Aviation's value examination focuses on studying past and present price action to predict the probability of Joby Aviation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joby Aviation's price. Additionally, you may evaluate how the addition of Joby Aviation to your portfolios can decrease your overall portfolio volatility.