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Nikola Corp NKLA

Morningstar Rating
$8.39 +0.35 (4.35%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

NKLA is trading at a 39% premium.
Price
$8.09
Fair Value
$52.98
Uncertainty
Extreme
1-Star Price
$767.61
5-Star Price
$3.72
Economic Moat
Grgg
Capital Allocation
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News

Trading Information

Previous Close Price
$8.04
Day Range
$8.048.44
52-Week Range
$7.25111.15
Bid/Ask
$8.36 / $8.39
Market Cap
$380.29 Mil
Volume/Avg
239,410 / 3.3 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
8.18
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Nikola Corp is a technology innovator and integrator, working to develop inventive energy and transportation solutions. It works on a business model that enables customers and fleets to integrate next-generation truck technology, hydrogen fueling and charging infrastructure, and related maintenance. It operates in two business units: Truck and Energy. The Truck business unit and Energy business unit. The Truck business unit is engaged manufacturing and selling FCEV and BEV trucks that provide, environmentally friendly, cost effective solutions to the trucking sector. The Energy business unit is engaged in developing and constructing a network of hydrogen fueling stations to meet hydrogen fuel demand for the Company's customers.
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Stock Style Box
Small Value
Total Number of Employees
870

Comparables

Valuation

Metric
NKLA
FSRNQ
HYLN
Price/Earnings (Normalized)
Price/Book Value
0.610.99
Price/Sales
8.180.02790.00
Price/Cash Flow
Price/Earnings
NKLA
FSRNQ
HYLN

Financial Strength

Metric
NKLA
FSRNQ
HYLN
Quick Ratio
1.400.4513.48
Current Ratio
1.731.0214.67
Interest Coverage
−11.54−50.39
Quick Ratio
NKLA
FSRNQ
HYLN

Profitability

Metric
NKLA
FSRNQ
HYLN
Return on Assets (Normalized)
−53.52%−26.99%−24.55%
Return on Equity (Normalized)
−105.52%−154.45%−26.17%
Return on Invested Capital (Normalized)
−63.23%−39.70%−29.57%
Return on Assets
NKLA
FSRNQ
HYLN
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Farm & Heavy Construction Machinery Industry Comparables

1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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Volvo AB Class A
VOLAF
Rbwyr$51.2 Bil
Volvo AB ADR
VLVLY
Tgfmkyg$51.2 Bil
CNH Industrial NV
CNH
PrnjccrvHvqlwd$12.3 Bil
AGCO Corp
AGCO
QjnykwnsrWhngt$7.2 Bil
Oshkosh Corp
OSK
ZbvlmjzlVxwjnn$6.9 Bil
Terex Corp
TEX
GcjtnrdQlwpcv$3.6 Bil

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