Nikola Corp NKLA

Morningstar Rating
$5.56 +0.91 (19.57%)
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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 547% premium.
Price
$4.69
Fair Value
$8.94
Uncertainty
Extreme
1-Star Price
$87.98
5-Star Price
$5.76
Economic Moat
Zrds
Capital Allocation

News

Trading Information

Previous Close Price
$4.65
Day Range
$4.855.95
52-Week Range
$4.1045.30
Bid/Ask
$5.52 / $5.55
Market Cap
$281.32 Mil
Volume/Avg
16.3 Mil / 3.4 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
4.46
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
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
HNOI
HY
Price/Earnings (Normalized)
6.22
Price/Book Value
0.512.34
Price/Sales
4.460.26
Price/Cash Flow
3.61
Price/Earnings
NKLA
HNOI
HY

Financial Strength

Metric
NKLA
HNOI
HY
Quick Ratio
1.140.050.55
Current Ratio
1.530.051.31
Interest Coverage
−12.50−74.078.18
Quick Ratio
NKLA
HNOI
HY

Profitability

Metric
NKLA
HNOI
HY
Return on Assets (Normalized)
−52.69%−144.85%9.65%
Return on Equity (Normalized)
−103.81%54.29%
Return on Invested Capital (Normalized)
−63.17%−203.43%25.40%
Return on Assets
NKLA
HNOI
HY

Farm & Heavy Construction Machinery Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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PACCAR Inc
PCAR
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Daimler Truck Holding AG ADR
DTRUY
Ppyrz$29.5 Bil
Daimler Truck Holding AG Ordinary Shares
DTGHF
Xgwknm$29.5 Bil
Komatsu Ltd
KMTUF
Kklsnw$25.9 Bil
CNH Industrial NV
CNH
HkbxnbyqLrxyg$13.9 Bil

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