Luminar Technologies Stock Book Value Per Share

LAZR Stock

USD 0.76 0.04 5.00%

Luminar Technologies fundamentals help investors to digest information that contributes to Luminar Technologies' financial success or failures. It also enables traders to predict the movement of Luminar Stock. The fundamental analysis module provides a way to measure Luminar Technologies' 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 Luminar Technologies stock.

	Last Reported	Projected for Next Year
Book Value Per Share	(0.58)	(0.55)
Tangible Book Value Per Share	(0.66)	(0.62)

As of 11/21/2024, Book Value Per Share is likely to grow to -0.55. In addition to that, Tangible Book Value Per Share is likely to grow to -0.62.

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Luminar Technologies Company Book Value Per Share Analysis

Luminar Technologies' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Luminar Technologies Book Value Per Share

(0.54) X

Most of Luminar Technologies' fundamental indicators, such as Book Value Per Share, 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, Luminar Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Luminar Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Luminar Technologies is extremely important. It helps to project a fair market value of Luminar Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Luminar Technologies' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Luminar Technologies' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Luminar Technologies' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Long Term Debt	Short Term Investments	Net Invested Capital	Short Long Term Debt	Capital Stock	Net Working Capital	Capital Surpluse	Treasury Stock	Intangible Assets
Total Assets		0.14	0.78	0.67	0.67	-0.8	0.85	0.88	0.64	0.94	0.99	0.68	0.94	0.66	0.88	0.97	0.98	-0.96	0.93	0.97	0.84	0.37	0.59
Total Stockholder Equity	0.14		0.63	-0.54	-0.45	0.43	-0.24	-0.19	-0.23	-0.17	0.24	-0.56	-0.13	-0.54	-0.16	0.22	0.08	0.01	-0.14	0.28	-0.24	-0.65	-0.56
Net Tangible Assets	0.78	0.63		0.29	0.13	-0.36	0.41	0.48	0.13	0.56	0.84	0.12	0.63	0.14	0.46	0.78	0.71	-0.72	0.61	0.86	0.41	0.02	0.04
Current Deferred Revenue	0.67	-0.54	0.29		0.76	-0.96	0.78	0.78	0.5	0.81	0.61	0.81	0.83	0.89	0.73	0.58	0.68	-0.81	0.86	0.59	0.77	0.86	0.81
Net Debt	0.67	-0.45	0.13	0.76		-0.88	0.9	0.88	0.81	0.8	0.59	0.83	0.71	0.95	0.91	0.64	0.77	-0.69	0.79	0.56	0.91	0.67	0.91
Retained Earnings	-0.8	0.43	-0.36	-0.96	-0.88		-0.92	-0.92	-0.7	-0.91	-0.73	-0.87	-0.91	-0.96	-0.88	-0.73	-0.82	0.89	-0.95	-0.7	-0.9	-0.79	-0.9
Accounts Payable	0.85	-0.24	0.41	0.78	0.9	-0.92		1.0	0.81	0.94	0.77	0.88	0.9	0.89	0.97	0.77	0.89	-0.86	0.94	0.72	0.99	0.68	0.88
Net Receivables	0.88	-0.19	0.48	0.78	0.88	-0.92	1.0		0.78	0.95	0.81	0.86	0.92	0.86	0.98	0.8	0.92	-0.89	0.96	0.76	0.99	0.66	0.85
Good Will	0.64	-0.23	0.13	0.5	0.81	-0.7	0.81	0.78		0.73	0.56	0.77	0.67	0.78	0.78	0.67	0.69	-0.64	0.7	0.51	0.74	0.31	0.85
Total Liab	0.94	-0.17	0.56	0.81	0.8	-0.91	0.94	0.95	0.73		0.89	0.88	0.98	0.8	0.93	0.87	0.94	-0.93	0.96	0.85	0.92	0.56	0.76
Total Current Assets	0.99	0.24	0.84	0.61	0.59	-0.73	0.77	0.81	0.56	0.89		0.58	0.9	0.57	0.82	0.98	0.97	-0.93	0.88	0.99	0.77	0.27	0.48
Short Term Debt	0.68	-0.56	0.12	0.81	0.83	-0.87	0.88	0.86	0.77	0.88	0.58		0.84	0.85	0.83	0.58	0.7	-0.71	0.81	0.51	0.86	0.68	0.88
Common Stock	0.94	-0.13	0.63	0.83	0.71	-0.91	0.9	0.92	0.67	0.98	0.9	0.84		0.77	0.87	0.87	0.92	-0.97	0.98	0.86	0.87	0.57	0.73
Property Plant Equipment	0.66	-0.54	0.14	0.89	0.95	-0.96	0.89	0.86	0.78	0.8	0.57	0.85	0.77		0.85	0.61	0.72	-0.76	0.84	0.54	0.86	0.79	0.96
Long Term Debt	0.88	-0.16	0.46	0.73	0.91	-0.88	0.97	0.98	0.78	0.93	0.82	0.83	0.87	0.85		0.82	0.94	-0.84	0.91	0.78	0.99	0.58	0.8
Short Term Investments	0.97	0.22	0.78	0.58	0.64	-0.73	0.77	0.8	0.67	0.87	0.98	0.58	0.87	0.61	0.82		0.96	-0.92	0.86	0.98	0.75	0.21	0.53
Net Invested Capital	0.98	0.08	0.71	0.68	0.77	-0.82	0.89	0.92	0.69	0.94	0.97	0.7	0.92	0.72	0.94	0.96		-0.93	0.93	0.95	0.89	0.41	0.64
Short Long Term Debt	-0.96	0.01	-0.72	-0.81	-0.69	0.89	-0.86	-0.89	-0.64	-0.93	-0.93	-0.71	-0.97	-0.76	-0.84	-0.92	-0.93		-0.98	-0.91	-0.82	-0.53	-0.7
Capital Stock	0.93	-0.14	0.61	0.86	0.79	-0.95	0.94	0.96	0.7	0.96	0.88	0.81	0.98	0.84	0.91	0.86	0.93	-0.98		0.85	0.91	0.65	0.8
Net Working Capital	0.97	0.28	0.86	0.59	0.56	-0.7	0.72	0.76	0.51	0.85	0.99	0.51	0.86	0.54	0.78	0.98	0.95	-0.91	0.85		0.72	0.23	0.42
Capital Surpluse	0.84	-0.24	0.41	0.77	0.91	-0.9	0.99	0.99	0.74	0.92	0.77	0.86	0.87	0.86	0.99	0.75	0.89	-0.82	0.91	0.72		0.69	0.83
Treasury Stock	0.37	-0.65	0.02	0.86	0.67	-0.79	0.68	0.66	0.31	0.56	0.27	0.68	0.57	0.79	0.58	0.21	0.41	-0.53	0.65	0.23	0.69		0.75
Intangible Assets	0.59	-0.56	0.04	0.81	0.91	-0.9	0.88	0.85	0.85	0.76	0.48	0.88	0.73	0.96	0.8	0.53	0.64	-0.7	0.8	0.42	0.83	0.75

Click cells to compare fundamentals

The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

Competition

Predict Luminar Technologies

Book Value Per Share Over Time

Luminar Common Stock Shares Outstanding

Common Stock Shares Outstanding

295.35 Million

At this time, Luminar Technologies' Common Stock Shares Outstanding is relatively stable compared to the past year.

In accordance with the recently published financial statements, the book value per share of Luminar Technologies is about -0.538 times. This is 100.61% lower than that of the Automobile Components sector and 104.68% lower than that of the Consumer Discretionary industry. The book value per share for all United States stocks is 100.03% higher than that of the company.

Luminar Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Luminar Technologies' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Luminar Technologies could also be used in its relative valuation, which is a method of valuing Luminar Technologies by comparing valuation metrics of similar companies.

Luminar Technologies is currently under evaluation in book value per share category among its peers.

Luminar Fundamentals

	Return On Equity	-24.25
	Return On Asset	-0.64
	Operating Margin	(6.78) %
	Current Valuation	764.06 M
	Shares Outstanding	26.82 M
	Shares Owned By Insiders	3.01 %
	Shares Owned By Institutions	41.58 %
	Number Of Shares Shorted	113.67 M
	Price To Book	60.04 X
	Price To Sales	0.34 X
	Revenue	69.78 M
	Gross Profit	(60.28 M)
	EBITDA	(530.39 M)
	Net Income	(571.27 M)
	Cash And Equivalents	553.05 M
	Cash Per Share	1.52 X
	Total Debt	660.66 M
	Current Ratio	9.86 X
	Book Value Per Share	(0.54) X
	Cash Flow From Operations	(247.3 M)
	Short Ratio	3.01 X
	Earnings Per Share	(17.40) X
	Price To Earnings To Growth	0.11 X
	Target Price	30.0
	Number Of Employees	800
	Beta	1.62
	Market Capitalization	25.29 M
	Total Asset	512.37 M
	Retained Earnings	(1.84 B)
	Working Capital	266.75 M
	Net Asset	512.37 M

About Luminar Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Luminar Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Luminar Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Luminar Technologies 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.

Pair Trading with Luminar Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luminar Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luminar Technologies will appreciate offsetting losses from the drop in the long position's value.

The ability to find closely correlated positions to Luminar Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luminar Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luminar Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luminar Technologies to buy it.

The correlation of Luminar Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luminar Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luminar Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Luminar Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Luminar Stock Analysis

When running Luminar Technologies' price analysis, check to measure Luminar Technologies' 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 Luminar Technologies is operating at the current time. Most of Luminar Technologies' value examination focuses on studying past and present price action to predict the probability of Luminar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luminar Technologies' price. Additionally, you may evaluate how the addition of Luminar Technologies to your portfolios can decrease your overall portfolio volatility.

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