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NASDAQ: SOLO
Electrameccanica Vehicles Corp Stock

Overview
ForecastEarningsDividendOwnership
$0.56+0.01 (+1.82%)
Updated May 26, 2023
SOLO Price
$0.56
Fair Value Price
$1.84
Market Cap
$66.68M
52 Week Low
$0.44
52 Week High
$1.87
P/E
-0.56x
P/B
0.58x
P/S
9.87x
PEG
N/A
Dividend Yield
N/A
Revenue
$6.28M
Earnings
-$118.18M
Gross Margin
-386.3%
Operating Margin
-1,882.7%
Profit Margin
-1,882.4%
Debt to Equity
0.4
Operating Cash Flow
-$79M
Beta
1.16
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

SOLO Overview

Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada. The company operates in two segments, Electric Vehicles and Custom Build Vehicles. Its flagship product is the SOLO, a single seat vehicle. The company is also developing Tofino, an all-electric two-seater roadster. It also develops and manufactures custom built vehicles. The company sells its vehicles online through electrameccanica.com, as well as through 17 retail locations. Electrameccanica Vehicles Corp. was incorporated in 2015 and is headquartered in Burnaby, Canada.

Zen Score

–
Industry Average (28)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how SOLO scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

SOLO ($0.56) is undervalued by 69.7% relative to our estimate of its Fair Value price of $1.84 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
SOLO ($0.56) is significantly undervalued by 69.7% relative to our estimate of its Fair Value price of $1.84 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
SOLO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 30 more SOLO due diligence checks available for Premium users.

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SOLO News

Valuation

SOLO fair value

Fair Value of SOLO stock based on Discounted Cash Flow (DCF)
Price
$0.56
Fair Value
$1.84
Undervalued by
69.64%
SOLO ($0.56) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
SOLO ($0.56) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
SOLO is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

SOLO price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-0.56x
Industry
28.69x
Market
54.23x

SOLO price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.58x
Industry
2.01x
SOLO is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

SOLO's financial health

Profit margin

Revenue
$504.4k
Net Income
-$12.3M
Profit Margin
-2,440.7%
SOLO's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
SOLO's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$162.2M
Liabilities
$46.3M
Debt to equity
0.4
SOLO's short-term assets ($130.96M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
SOLO's short-term assets ($130.96M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
SOLO's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
SOLO's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$21.2M
Investing
-$670.9k
Financing
-$16.1k
SOLO's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

SOLO vs Auto Stocks

TickerMarket Cap1d %P/EP/B
SOLO$66.68M+1.64%-0.56x0.58x
GP$60.20M-3.77%-3.19x2.20x
RIDE$57.53M-1.37%-0.15x0.32x
CENN$79.68M-1.93%N/A0.33x
ARVL$49.98M+10.79%-0.35x0.05x
View Top Auto Stocks

Electrameccanica Vehicles Stock FAQ

What is Electrameccanica Vehicles's quote symbol?

(NASDAQ: SOLO) Electrameccanica Vehicles trades on the NASDAQ under the ticker symbol SOLO. Electrameccanica Vehicles stock quotes can also be displayed as NASDAQ: SOLO.

If you're new to stock investing, here's how to buy Electrameccanica Vehicles stock.

What is the 52 week high and low for Electrameccanica Vehicles (NASDAQ: SOLO)?

(NASDAQ: SOLO) Electrameccanica Vehicles's 52-week high was $1.87, and its 52-week low was $0.44. It is currently -70.11% from its 52-week high and 27.05% from its 52-week low.

How much is Electrameccanica Vehicles stock worth today?

(NASDAQ: SOLO) Electrameccanica Vehicles currently has 119,287,917 outstanding shares. With Electrameccanica Vehicles stock trading at $0.56 per share, the total value of Electrameccanica Vehicles stock (market capitalization) is $66.68M.

Electrameccanica Vehicles stock was originally listed at a price of $2.40 in Aug 9, 2018. If you had invested in Electrameccanica Vehicles stock at $2.40, your return over the last 4 years would have been -76.71%, for an annualized return of -30.53% (not including any dividends or dividend reinvestments).

How much is Electrameccanica Vehicles's stock price per share?

(NASDAQ: SOLO) Electrameccanica Vehicles stock price per share is $0.56 today (as of May 26, 2023).

What is Electrameccanica Vehicles's Market Cap?

(NASDAQ: SOLO) Electrameccanica Vehicles's market cap is $66.68M, as of May 28, 2023.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Electrameccanica Vehicles's market cap is calculated by multiplying SOLO's current stock price of $0.56 by SOLO's total outstanding shares of 119,287,917.
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