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NASDAQ: VEV
Vicinity Motor Corp Stock

$0.64+0.01 (+1.59%)
Updated Apr 15, 2024
VEV Price
$0.64
Fair Value Price
N/A
Market Cap
$29.18M
52 Week Low
$0.61
52 Week High
$1.38
P/E
-2.41x
P/B
1.87x
P/S
2.61x
PEG
N/A
Dividend Yield
N/A
Revenue
$14.01M
Earnings
-$12.51M
Gross Margin
11.2%
Operating Margin
-60.88%
Profit Margin
-87.3%
Debt to Equity
2.5
Operating Cash Flow
-$19M
Beta
0.74
Next Earnings
May 13, 2024
Ex-Dividend
N/A
Next Dividend
N/A

VEV Overview

Vicinity Motor Corporation manufactures transit buses for public and commercial use in the U.S. and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. Known as Grande West Transportation Group Inc. until 2021/03, Vicinity Motor was founded in 2008 and is headquartered in Aldergrove, British Columbia, Canada.

Zen Score

Industry Average (24)
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Due Diligence Checks

VEV is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
VEV is good value based on its book value relative to its share price (1.87x), compared to the US Auto Manufacturers industry average (2.15x)
P/B vs Industry Valuation
VEV is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
There are 30 more VEV due diligence checks available for Premium users.

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VEV News

Valuation

VEV price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-2.41x
Industry
22.92x
Market
41.94x

VEV price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.87x
Industry
2.15x
VEV is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

VEV's financial health

Profit margin

Revenue
$3.8M
Net Income
-$6.8M
Profit Margin
-178.8%
VEV's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials
VEV's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$55.8M
Liabilities
$39.8M
Debt to equity
2.5
VEV's short-term liabilities ($31.99M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
VEV's short-term assets ($29.89M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
VEV's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
VEV's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$4.3M
Investing
-$239.8k
Financing
$4.5M
VEV's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

VEV vs Auto Stocks

TickerMarket Cap1d %P/EP/B
VEV$29.18M+2.24%-2.41x1.87x
PEV$26.33M+3.83%-0.78x-5.44x
EVTV$35.70M0.00%-2.74x1.73x
MULN$21.16M-14.21%0.00x0.10x
GP$41.96M+1.20%-2.67x2.32x

Vicinity Motor Stock FAQ

What is Vicinity Motor's quote symbol?

(NASDAQ: VEV) Vicinity Motor trades on the NASDAQ under the ticker symbol VEV. Vicinity Motor stock quotes can also be displayed as NASDAQ: VEV.

If you're new to stock investing, here's how to buy Vicinity Motor stock.

What is the 52 week high and low for Vicinity Motor (NASDAQ: VEV)?

(NASDAQ: VEV) Vicinity Motor's 52-week high was $1.38, and its 52-week low was $0.61. It is currently -53.7% from its 52-week high and 5.62% from its 52-week low.

How much is Vicinity Motor stock worth today?

(NASDAQ: VEV) Vicinity Motor currently has 45,667,706 outstanding shares. With Vicinity Motor stock trading at $0.64 per share, the total value of Vicinity Motor stock (market capitalization) is $29.18M.

Vicinity Motor stock was originally listed at a price of $6.86 in Jul 8, 2021. If you had invested in Vicinity Motor stock at $6.86, your return over the last 2 years would have been -90.69%, for an annualized return of -69.48% (not including any dividends or dividend reinvestments).

How much is Vicinity Motor's stock price per share?

(NASDAQ: VEV) Vicinity Motor stock price per share is $0.64 today (as of Apr 15, 2024).

What is Vicinity Motor's Market Cap?

(NASDAQ: VEV) Vicinity Motor's market cap is $29.18M, as of Apr 16, 2024.

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

Vicinity Motor's market cap is calculated by multiplying VEV's current stock price of $0.64 by VEV's total outstanding shares of 45,667,706.
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