For example, the ratio averaged above 100.0X back in 2021. 13. Tesla's market cap has increased by more than $500 billion in 2020, and is now worth as much as the combined market cap of the nine largest car companies globally. world relating to economic and political issues as well as The seven most valuable U.S. technology companies Apple, Microsoft, Amazon, Alphabet, Facebook, Tesla and Nvidia picked up a combined $3.4 trillion in market cap in 2020, powering through a global pandemic and broader economic crisis. Ford Global Sales & Market Share, 5 Real Risks of Investing in Tesla Stocks, GM Competitive Advantage And Market Share. In short, Teslas valuation with respect to shareholders equity was so much higher than its peers even though it was already trading at record lows as of Feb 2023. (Photo by Yichuan Cao). Or tuneups? * TTM EBIT is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. He wants to make bonkers fast electric cars (and trucks and semis), he wants to build Mars settlements, beam the internet from the heavens, slather solar shingles onto every rooftop, and he doesnt cloak his goals in corporate BS mission-statement speak: Tesla's missionis to accelerate the world's transition to sustainable energy. Another important variable that relates closely to Teslas valuation is EBITDA. To reiterate, my initial reaction was that it was some sort of joke, Musk being known for a good sense of humor. Worldwide, Tesla only trails Toyota (TM) in market cap ($233B). The contrasting trend may point to a maturing company within Tesla as investors have come to realize that Tesla may have been valued too much in the past. please include a backlink to the respective infographic URL. 11. Jul 2019 - Sep 2020 1 year 3 months. * Operating cash flow consists of net cash provided by operating activities. 5. Is Beyond Meat running a high margin business? Perhaps as a result of Elons clear capacity to not take himself too seriously - and to push the boundaries of whats expected from a product - Tesla cars are not just fun to drive, theyre fun to own. * Price to earnings ratio is computed by the author based on Teslas market cap calculated earlier and TTM net earnings attributable to common shareholders. The Model S is a premium-priced car to be sure, but even then, it was just so different and so much better than anything Id driven before, and Id piloted many a premium car at equal or higher price points. Here's the Math. So, the question seems to be: is Tesla more like fast-growing start-upsZoom Video Communicationsor Shopify, or more like established players NVIDIA or Toyota? Back to TSLA Overview. On a recent conference call with a large group of Tesla Inc. (TSLA) watchers and analysts, I listened closely for clues as to why the stock price has suddenly ballooned to the point that the day-to-day stock value for this 16-year-old, rarely profitable car maker that is currently producing just three models for sale is double that of General Motors (GM), which makes dozens of models from econoboxes to pickups to minivans to Corvettes. Charging stations are becoming more common and range numbers continue to climb. However, by other valuation metrics, Tesla fares much worse against NVIDIA: A higher P/E ratio makes sense for Tesla because it has vastly more depreciable assets than NVIDIA, but even going by the EV-to-EBITDA ratio, which strips out depreciation, NVIDIA sports a superior valuation. I had tangentially predicted such a thing might happen in another Forbes post, but I honestly was not prepared for it. Tesla bulls don't dispute that, compared to other automakers, Tesla's valuation is insane. Nvidia more than doubled in value as demand picked up for its gaming and data center processors. References and examples such as tables, charts and diagrams are constantly reviewed to avoid errors, but we cannot warrant the full correctness of all content. Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of . It's increased by 29.45% over the past 30 days. As seen, Teslas price-to-earnings ratio debuted at 1,000.0X in 2021 but dropped to only 45.0X by Feb 2023. Price To Book Ratio . Current debt: portion of a companys debt which is due within 1 year, Net debt: determines how well a company can pay all of its debts if they were due immediately. Tesla was the leader. 4. 2. Tesla is currently the top producer of mainstream electric cars worldwide, which has spurred other carmakers, notably Nissan, Ford, Mercedes-Benz, Chevrolet, Fiat, BMW and others (let alone the massive shift to EV production in China) to spool up design efforts and offer their own cars, which creates an EV-hype feedback loop that again benefits Tesla since the dominant question perspective buyers ask first is: How does the car stack up to a Tesla? December 18, 2020 We don't often cover the day-to-day or even month-to-month stock market frenzy, but there is no doubt that growth in Tesla [NASDAQ: TSLA] market cap has been a stunning. The content in this article is for informational purposes only and is neither a recommendation nor a piece of financial advice to purchase a stock. Shares of Tesla closed up 6.4% to trade at $555.38 per share. According to Tesla's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 56.9574. At this valuation, Tesla has notably overtaken Toyota, Volkswagen, GM, and Ford as well as the rest of the automobile companies market cap combined, and become the worlds most valuable automobile company. "My take is. Short sellers usually borrow shares from a bank and then sell them with the hopes that the stock will go down so they can profit on the difference. Tesla finished the trading day Tuesday with a market cap greater than $500 billion for the first time after its stock price surpassed $527.48 per share. How could a little EV startup succeed against the worlds automotive megaliths that seemed dead-set against electric cars of any sort? The stock is up more than 200% since last year's closing low of $178.97 in June, making Tesla the most valuable US automaker of all time, topping the historic high of Ford in 1999. Tesla's enterprise multiple, or. Tesla, Inc. is an American company that manufactures and sells electric cars, as well as power storage and photovoltaic systems. People see a clear determination: the willingness of a billionaire to sleep on a couch at the factory, to get his hands dirty solving the problems instead of phoning it in, delegating the hard choices or just giving up the ship. At Tesla, new features are driven by Elon, all kinds of see-if-itll-stick ideas, owners input and a vivid imagination, not focus groups and carefully considered metrics. Take a look at this tweet: Minecraft in the Model 3? BROWN / AFP), Stressed Out? In our modern world, its all too easy to be cynical and negative, especially as we get older. 9. Between continued optimism over iPhone sales, Microsoft's growing Teams collaboration product, Amazon's ongoing control of e-commerce and the strength of Google and Facebook's online ad duopoly, Big Tech was neither slowed by Covid-19 nor the rising number of investigations into its dominance. For that, it wants to invest 60 billion ($66.3 billion) in the next five years. ET The top electric car manufacturer has a sky-high valuation. Read more:Opinion: Tesla's Germany plans are no coincidence. 2023 was $207.46. Tesla's enterprise multiple, or its enterprise value relative to EBITDA, exceeded 130 based on the company's last 12 months, according to Factset. Please note that the code must be integrated into the HTML code (not only the text) for WordPress pages and other CMS sites. That guy, or some cloistered, unreachable Oz looking down from the top floor of some skyscraper? While Teslas fundamentals have been on a rise, its valuation has been on a decline. on two sectors: "Media and Technology", updated Disclosure. This chart shows the market capitalization of publicly traded car manufacturers (as of September 1, 2020). It speaks loudly to fans and followers. Price To Operating Cash Flow Ratio Tesla's market value surged past $100 billion (90.2 billion) for the first time on Wednesday, as shares in the Palo Alto-based US automaker rose 8.6% to a new intraday high of $594.50. Looking back at the last five years, Tesla's book value . You want video games in your car? * TTM sales is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Ever since the Model S sent a shockwave through the automotive industry, Tesla still has no real competition from. anyone. If you find the information in this article helpful, please consider sharing it on social media and also provide a link back to this article from any website so that more articles like this one can be created in the future. Amazon's Jeff Bezos is the wealthiest person in the world, followed by Tesla's Elon Musk and Microsoft co-founder Bill Gates. Steve Jobs was known to personally answer user complaints and questions, if not exactly in an overly friendly way, but he was at least willing to be involved at a personal level. * Net earnings attributable to common shareholders is also referred to as the net income or net profit available to common shareholders. For your information, the EBITDA used in the chart above comes from Teslas adjusted EBITDA published in its earnings releases. The Model Y crossover is due up next (and possibly sooner than expected), and several people I know passed on the Model 3 for the Y since here in the Northwest, roomy snow-capable SUVs are more in demand than sedans. Lets face it, Elon knows what he wants, and he wants you to know it too. EBITDA is a metric that measures Teslas liquidity and is similar to operating cash flow but before taking into account the investment in working capital and fixed assets as explained in this article: Teslas EBITDA. The company also reported earlier that month it delivered139,300 vehiclesduring the third quarter, a record for the carmaker. I tried to game out the likelihood of different growth scenarios and gave up; there are just too many variables in this fast-moving industry. Tesla has often represented a journey from the valley of try to the plateau of do, and to a degree, that may be why theres a bit of a cultish aura around the company in a vein similar to Apple when Steve Jobs was at the helm. Other start-ups are focused on specific aspects of vehicle tech, likeHyliion's electric drivetrains andVelodyne's lidar technology for autonomous driving. A stylish, innovative, comfortable American-made car that goes fast, handles well, carries five people plus luggage and never needs gas? Here's how Tesla compares with other major automakers, including No. And thats where Elon and Teslas perhaps biggest attribute becomes apparent: Chutzpah, that nebulous something that is part courage, part intuition and part stubbornness. I didnt tell him to do it. Get this delivered to your inbox, and more info about our products and services. Oct. 25, 2021 3:16 pm ET. Elon Musk wrapping up his presentation of the newly unveiled all-electric battery-powered Tesla [+] Cybertruck (Photo by Frederic J. "In our opinion, the company has the most impressive product roadmap out of any technology/auto vendor around (which the market cap reflects vs. its traditional auto competitors)," Ives said in a research note on Wednesday, adding that the US carmaker will be the "game-changing driving force" over the next decade. Get up to 10 years of daily historical stock prices & volumes. The Statista "Chart of the Day", made available Price To EBIT Ratio Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. This may seem like a love letter to Tesla, but its not, its just observation. Also in the top 10 are Google founders Larry Page and Sergey Brin and Microsoft ex-CEO Steve Ballmer. Tesla is the largest of these companies, with a market cap of about $370 billion, but NVIDIA isn't far behind, with a market cap of about $308 billion. According to Bloomberg figures, consensus forecasts for Tesla of $363.92 are still well below where Tesla shares are currently trading, with just 10 analysts rating the stock a buy, compared with 10 holds and 16 sells. CEO Elon Musk clearly agrees. Crucial quote: Despite past production delays, parts shortages, labor cost overruns and other difficulties, we expect Tesla to benefit from its dominant position in the electric vehicle industry and to improve performance in 2020 and beyond, Argus Research said in its note on Monday. Certainly, when we compare Tesla's price-to-sales ratio to some other hot stocks in the tech sector, its valuation looks much more reasonable: The price-to-sales ratio is the only usable metric for comparison here because many of these companies, including Shopify, aren't yet profitable. Excluding . Prior to 2022, Teslas market capitalization logged more than $1 trillion USD between 2021 and early 2022. For one thing, Tesla's sales are growing by leaps and bounds, and as those sales skyrocket, valuation metrics will come down. The chart above shows Tesla's total market capitalization for the period from 2016 to 2023. The stock climbed almost ninefold this year, lifting the electric car maker's market cap from $76 billion at the beginning of the year to $669 billion at Thursday's close. Buzz: The Future And Past Converge In VWs Newest EV, The Tiny Fiat Topolino Is Here To Melt Your Heart, The New 626-Horsepower Range Rover Sport SV Is Available By Invitation Only, Fathers Day Gift Ideas For The Motoring Dad In Your Life, Decade After Decade, RAV4 Helps Toyota Lead With American Buyers, Genesis GV80 SUV Quickly Has Validated Brands Luxury Chops, Acura Campaign Provides Glimpses Of Brands Electrified Future, tangentially predicted such a thing might happen. Nothing inspires heated debate among investors like Tesla(TSLA 3.11%). The decline in market cap has been mainly caused by a multitude of issues, including the COVID-19 scare in China, as well as the supply chain and parts issues which have nearly crippled the automotive industry in China. Carla Trevisan. Got a confidential news tip? Also, have you noticed from the chart that Teslas market cap has taken a severe hit at year-end 2022, tumbling below $400 billion for the first time since 2021? 3. * Price to EBIT ratio is computed by the author based on Teslas market cap calculated earlier and TTM EBIT. Millions. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Performance Summary. However, Tesla's growth potential probably earns it a higher valuation than a legacy car company. Includes annual, quarterly and trailing numbers with full history and charts. Drive A Tank And Crush A Car For The Ultimate Venting Experience, Volkswagen ID. Previously, net losses had begun to accelerate in 2014, and so did research and development (R&D) expenses. GM Vehicle Wholesale Currency in USD Show: Historical Prices Frequency: Daily * TTM net earnings is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Easy choice. Bayerische Motoren Werke Aktiengesellschaft, Elon Musk's Decision to Try Out Advertising for Tesla Could Be Game-Changing, 2 AI Stocks Wall Street Believes Will Have Trillion-Dollar Valuations, Investing $1,000 in This Nearly 10%-Yielding Dividend Stock Could Be a Wise Move in June, If History Repeats, 1 Widely Owned Commodity Is Set to Skyrocket, The 2 Most Surprising Stock Winners In the Dow Today, Amazon Is Considering a New Offering and it Could Spell Trouble for Verizon and AT&T, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. All financial figures in this article were obtained and referenced from the following websites: a. Tesla Financial Results Released Date 8. At the end of 2021 the company had a P/E ratio of 190. $177.1401. To make the world smarter, happier, and richer. Another common argument from Tesla bulls is that Tesla isn't just any old automaker: it's actually a tech company, so it should be evaluated against other tech companies. References and Credits All Rights Reserved. And since the only major change Tesla has to make is right or left side drive configuration depending on the country (instead of having to meet varying emissions standards and so forth), international production is more streamlined. Let's look at the most common valuation metric: the price-to-earnings ratio. The title of CEO is rightfully viewed as a label that puts untouchable people in a tower above the rabble. Prior to 2022, Teslas price-to-book ratio was significantly higher, notably at more than 20.0X. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. Compare TSLA With Other Stocks From: To: Zoom: 2012 2014 2016 2018 2020 2022 $0 $100 $200 $300 $400 $500 $600 $700 $800 $900 $1,000 $1,100 $1,200 $1,300 TSLA Market Capitalization (Billions of Dollars) 2012 2014 2016 2018 2020 2022 * TTM free cash flow is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Elon Musk has steered his electric carmaker into new territory as the company, for the first time, is valued at more than $100 billion. By. 800 596 815 069 480 1252. Hes the Peter Pan CEO who never lost touch with his inner 10-year-old and all the dreams of youth: Landing on Mars, making electric cars that drive themselves, creating a world filled with unlimited energy and potential - and having fun doing it, despite the challenges and obstacles. Earlier this year, Tesla became the first U.S. automaker to hit a $100 billion market cap. 2023 CNBC LLC. The Tesla 52-week low stock price is 101.81, which is 50.1% below the current share price. It joins a raft of new and classic video games already in the cars that drivers and passengers can play while the car is charging up - or just while parked. NVIDIA, though, has been around a lot longer than Tesla. In October, Tesla reported its fifth consecutive quarter of profit on third-quarter revenue of $8.77 billion. But with Tesla, the stock price has steadily trended higher in 2020, forcing short sellers to take losses when buying back shares at a higher price. Does Statista also create infographics in a customized design? For seasoned car industry watchers, it looked like a complete debacle compared to the slick, well-rehearsed model reveal presentations put on by most carmakers. The Statista "Chart of the Day" currently focuses As of Feb 2023, Teslas price-to-operating profit ratio was only at 42.0X, driven partly by the declining stock price and also the improving operating profits in 2022. Our article . A company can operate without a profit but not without cash. * TTM operating cash flow is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. Cash-equivalents: include cash and any liquid securities with maturity periods of 90 days or less. He didnt know a vehicle reveal from shinola, so for him it was honest, funny, and all the more impressive. non-commercial websites. 1. And that its a priority. According to the chart above, Teslas price-to-EBITDA ratio has had quite a dramatic fluctuation in the past. By far the biggest increase in market cap went to Apple, which jumped by almost $1 trillion in value, thanks to its stock climbing 81%. Cost basis and return based on previous market day close. To put that in perspective, Toyota is currently valued at around 0.6 times its annual revenue, which is why many people consider Tesla hopelessly overpriced. Today, that same EV experience I had is now trickling out to the masses as family and friends get seat time in some of the half-million Model 3 sedans now on the road. For now, let's look at one of the most important questions for investors thinking of buying Tesla shares: Is Tesla overvalued? Print Article. The company has had its issues with meeting production schedules, turning a profit, worker safety, initial quality control and self-driving tech that might be doing a bit too much of the driving for some people. The chart above shows Teslas total market capitalization for the period from 2016 to 2023. Get this delivered to your inbox, and more info about our products and services. Tesla's book value / market cap for fiscal years ending December 2018 to 2022 averaged 0.1x. The net earnings are the net income or net profit available to common stockholders. It would be easy to dismiss Teslas stock surge and market value by saying anything is possible in the stock market (and that is certainly true), but as I listened to seasoned market watchers and MBA analysts prattle on about production counts, the China situation, the German gigafactory and all else, the only comment that really struck me was when some guy with a lot of degrees and a fancy title at some well-known institution said I dont get why the stock is this high. While the market leader in electric cars delivered less than 400,000 cars in the 12 months ended March 31, Toyota sold nearly 10.5 million vehicles during the same period, about ten times as many as Tesla has built in its lifetime. . With Elon, it never seems that way. Data is a real-time snapshot *Data is delayed at least 15 minutes. Why not for cars and everything else? With a market cap of $2.29 trillion, Apple is worth roughly 8 times its revenue for the trailing twelve months. Thats pretty damn concise, and people relate to concise. sports and entertainment. We want to hear from you. America, China, and Europe: Covered. Tesla Model X on display at a Tesla store in Palo Alto, California, United States on October 3, [+] 2019. Or trips to the DEQ? It was borderline otherworldly. Examples might be simplified to improve reading and basic understanding. Teslawas founded in 2003 by a group of engineers who wanted to prove that people didn't need to compromise to drive electric that electric vehicles can be better, quicker and more fun to drive than gasoline cars. Al Root. 1. Thats now grown to $140.5 billionalmost twice the combined size of rival automakers General Motors ($48 billion) and Ford ($36 billion). However, they argue, Tesla shouldn't be compared to other automakers. This figure has been on a decline in the last 2 years and tumbled to a new low of below $400 billion at one time in 2022 year-end. Ford Vehicle Wholesale * EBITDA stands for earnings before interest, taxes, depreciation and amortization and is a measure of a companys net cash generated from operation prior to the changes in working capital. 6-month, 1-year, 2-year, and 5-year. Tesla became the first $100 billion publicly listed U.S. carmaker in January. $183.80. American Eagle Stock Has Upside Potential To Its Pre-Inflation Peak, Alibaba Stock Looks Undervalued At $80 Per Share, Money Market Yields Are Attractive And Investors Are Taking Notice, Banking On China, Argentinas Economy Minster Sergio Massa Secures Financing Ahead Of Disputed Presidential Elections, Rich Families Making Major Changes To Asset Allocation, New Reports Find, Its Okay To Completely Ignore Teslas Insane Stock Surge. 143,717,900. Its new Tesla 3 electric car is designed to be more affordable, costing around half of the $70,000 for previous models thus fueling expectations of stronger growth. The Motley Fool owns shares of and recommends NVIDIA, Shopify, Tesla, and Zoom Video Communications. As seen, Teslas market cap to gross profit has been on a decline, tumbling to only 27.5X as of Feb 2023. Apart from the historical valuation, you also get to see the forward valuation and a comparison between the historical and forward valuation ratios. Great idea, so do I, lets do it. What a ride Tesla investors have had lately. I believe there are some intangibles the hard numbers folks and analysts overlook when they muse on how the electric car company run by what seems like an occasionally crazy person can more than double up the market value of one of Americas industrial and financial icons. Price To Sales Ratio Padua, Veneto, Italy . Autos. EBIT stands for earnings before interest and taxes. Only Toyota has a higher market cap at this point. When this article was published, Teslas stock surged past USD$200 per piece post-3-to-1 split, bringing the companys total market cap to more than $600 billion. No other major carmaker is doing this or at least not at this level, although they certainly will be in the future. * Price to book ratio is computed by the author based on Teslas market cap calculated earlier and shareholders equity. Comparison Of Vehicle Average Sales Prices Tesla currently sells just three models. Facebook CEO Mark Zuckerberg is fifth. * Free cash flow consists of the difference between net cash from operating activities and capital expenditures. It's not unusual for a fast-growing company to have a much higher valuation than an established player in a given industry. The "Close/Last" is the "adjust consolidated close price". Americans, so married to their gas-powered SUVs, are beginning to get the picture - and investors know it. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. * Price to EBITDA ratio is computed by the author based on Teslas market cap calculated earlier and TTM EBITDA. The all-time high Tesla stock closing price was 409.97 on November 04, 2021. c. Tesla Key Statistic From Yahoo Finance. The built-in ability of every Tesla to receive over-the-air software updates gives Tesla cat-like reflexes to respond to users ideas or complaints, and implement software tweaks or new features that supercharges the cars abilities in multiple areas, from Autopilot self-driving improvement updates to motor and battery performance increases to things like the novel Sentry Mode video capture system. Is Ford Motors running a high margin business? Teslas stock valuation with respect to operating cash flow also has been on a decline. Is This (Finally) The Time To Invest In Japan? In September, Nvidia agreed to buy mobile chipmaker Arm Holdings from SoftBank for $40 billion, the second-largest deal announced by a U.S. tech company this year. Teslas EBIT covers almost all costs of doing business including costs of revenues, R&D and SGA expenses. This is a BETA experience. The broad-based Morningstar US Market Index, which is down 24.94% this year, had a . But no, it was the real deal, an 80s sci-fi movie prop made real, a truck perhaps Homer Simpson would design given the chance. And charges up at home while you sleep? Tesla's operated at median book value / market cap of 0.1x from fiscal years ending December 2018 to 2022. Source: Tesla Q1 2020 investor update letter. Tesla's Market Cap Hit $1 Trillion. Market Capitalization Earlier this year, Tesla became the first U.S. automaker to hit a $100 billion market cap. And yet, here we are. Order Reprints. The stock is up 106% so far in 2020 alone. Tesla delivered 367,500 cars in 2019, while its German and Japanese competitors sold more than 10 million each. All Rights Reserved. Probably not, but demonstrating goodwill to fans and followers - even if they might be kids, let alone not knowing if they are Tesla owners at all - builds the positive perception of Tesla in the marketplace, and that is definitely an intangible of high value. Sign up for free newsletters and get more CNBC delivered to your inbox. 12. You may opt-out by. (Photo by [+] Sjoerd van der Wal/Getty Images). However, Chinese regulators could still block it. With Model 3 inventory essentially sold out (current wait time for a Model 3 is six to nine weeks), whos robbing from who? Nvidia's chips are also gaining traction in the data center, where enhanced workloads require faster speeds. While using this site, you agree to have read and accepted our terms of use, cookie and privacy policy. Again: Its not a little more valuable than GM, its more than double the value, and having hit the magic $100 billion mark, it seems likely it will climb even higher. Big numbers: Investors who bet against Teslas stock have been losing droves of money since the beginning of the yearincluding $2.5 billion on Monday alone. 2. The company has been on a tear this year, with its stock price increasing more than fivefold. That purchase is likely a decade or more away, but hes already all in and saving up his money for the big day. "Tesla's tepid 0.3% gain in 2019 domestic unit sales suggests a tapped-out US [market], sales in China skew the US demand picture, which should become clearer by year-end with the ramp-up in Shanghai output," says Kevin Tynan, senior autos analyst at Bloomberg Intelligence. According to the chart above, Teslas price-to-earnings or PE ratio has been on a decline in the last 2 years, indicating the tumbling valuation with respect to earnings. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. current data from the United States and around the Summary Nothing inspires. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Teslas share price soared by a whopping 950 percent, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. Tesla's clearly no bargain, and seems to be richly valued. Find the latest Tesla, Inc. (TSLA) stock quote, history, news and other vital information to help you with your stock trading and investing. We will look at these ratios over several periods to see how the company has been valued from a historical standpoint. Its the power output of the family-friendly Model S that embarasses exotic supercars in a drag race, the kooky-cool falcon doors of the Model X, the striking zen minimalism of the Model 3 interior, the gobsmacking sci-fi styling of the Cybertruck. Market cap in millions USD. Gary Black, a former CEO of Aegon Asset Management and now a private Tesla investor, believes Elon Musk's car company even could earn more than Volkswagen by 2025. The current market cap or net worth for Tesla (TSLA) stock is $657.736B as of Thursday, June 01 2023. I dont see legacy automaker CEOs telling their customers via any social media channel that cool stuff like video games, dancing car easter eggs or Blade Runner-themed anything is forthcoming from their factories - to say nothing of the zero-cost publicity value of tapping into the hivemind of the Minecraft collective. That's now grown to $140.5 billionalmost twice . 2 Toyota(TM 3.80%), General Motors(GM 3.82%), and luxury carmakerBMW(BAMXF 2.13%): One of these things is not like the others, am I right? If you just look at Tesla's raw numbers, it's hard not to come to the conclusion that the company is way overvalued. 2023 was 3,169 Mil. $177.31. Tesla market cap as of May 29, 2023 is $612.25B. Thats the CEO of Tesla telling a fan via Twitter that their favorite video game, Minecraft, is coming to the center screen of the companys cars. One last valuation ratio that is as important as the free cash flow ratio is the price-to-earnings ratio or PE ratio. Why not indeed. While comparisons of Tesla to Apple are rife in this story, they are warranted. The average Tesla stock price for the last 52 weeks is 209.87. That said, a lot of growth seems to be priced into the stock, which has had a tendency not to move in tandem with the company's fundamentals. As of Feb 2023, Teslas price to operating cash flow ratio totaled only 39.0X, a much lower figure compared to prior results which averaged 70.0X. The chart above shows Teslas valuation with respect to shareholders equity for the period between 2016 and 2023. Similar to the operating cash flow ratio, Teslas stock was traded to about 76.0X of free cash flow as of Feb 2023. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Maybe the Ford Mach E or the Rivian rigs will finally put up a fight, but for now, they are at least a year away from actual delivery in meaningful numbers and in electric car years, thats a hell of a long time and several hundred thousand more Teslas in consumers driveways. In this article, we will explore Teslas stock valuation from the perspective of several ratios. daily and featuring the latest statistics from the media, The net earnings dictate the price of Teslas stock. The Tesla gigafactories now form the production baseline capacities that were missing until the Model 3, and now that two are in place with a third coming in Germany, it would appear the worst is behind Tesla in terms of making vehicles en masse. We want to hear from you. Price To Earnings (PE) Ratio Data . Millions USD. Disclaimer search Compare to Apple Inc $175.43 AAPL1.41% Amazon.com, Inc. $120.11 AMZN4.44% NVIDIA. Key background: Tesla struggled through the first half of 2019, amid doubts over consumer demand and whether or not the company could achieve profitability. Is Tesla worth this much? Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022, Monatliche Pkw-Neuzulassungen der Marke Tesla in Deutschland bis April 2023, Fahrzeugauslieferungen von Tesla weltweit bis Q1 2023, Pkw-Bestand der Marke Tesla in Deutschland bis 2023, Fahrzeugauslieferungen von Tesla nach Modellen weltweit bis Q1 2023. This week's stock jump also pushed Musk to overtake Microsoft billionaire Bill Gates as the world's second richest person, according to theBloomberg Billionaire Index, which tracks the wealth of the world's 500 richest people. Ive been watching Tesla and its colorful leader, Mr. Elon Musk, since I first saw an original Roadster in the TV station parking lot where I worked in 2009. Its a theme running through Tesla products. Children dive for coins in India's toxic rivers, Elections in Guinea-Bissau: The eternal search for stability, Why many Indians don't trust mental health advice, Germany's far-right AfD sees poll numbers surging, Attacks in Russia 'destroy myth of Putin's invincible army', Israel's protests expose divisions in society, Glencore a big winner of Germany's Colombian coal binge, Tesla last month begun manufacturing in China, the largest market for electric vehicles (EVs). As we all know, cash is king when it comes to the survival of a company. ); to simple questions about its balance sheet -- everyone seems to have a strong opinion about the world's largest carmaker by market cap. Mogliano Veneto Supercharger. These ratios are Teslas price-to-revenue or sales, price-to-book value, price-to-gross profit, price-to-cash flow, price-to-EBITDA, price-to-earnings before interest and taxes (EBIT) as well as the price-to-earnings ratio. TSLA has lost 14.25% of its market cap over the past 12 months. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. Presently, Carla Trevisan is Chief Executive Officer of Love & Gratitude Srl. Is GM Stock A Better Buy Than Tesla Stock? The Tesla 52-week high stock price is 314.67, which is 54.3% above the current share price. and displayed without charge by all commercial and 2023 CNBC LLC. BROWN / AFP). You may opt-out by. * Price to gross profit ratio is computed by the author based on Teslas market cap calculated earlier and TTM gross profit. Presently, Carla Trevisan is Chief Executive Officer of Love & Gratitude Srl. Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future. From a comparison perspective, Toyotas price to equity was only slightly above 1.0X as of Feb 2023. How has Tesla surpassed Volkswagen which sells 30 times more cars? This move outpaced the S&P 500's daily loss of 0.61%. So how come that Tesla is worth more than its rivals that sell 30 times more cars? Is Teslas $2 Billion Debt A Cause For Concern? Debatable. Cybertruck (Photo by Frederic J. Does chatting up fans on Twitter boost stock prices? Tesla Crucial Infrastructure b. Tesla Annual and Quarterly Filings Long-term debt: portion of a companys debt which is due in more than 1 year. Tesla used to have a price-to-sales ratio of more than 20.0X prior to 2022. Amazon, which benefited from growth in its consumer and cloud-computing business, rose by $710 billion. Tesla tops $500 billion market value as shares hit all-time high, Here's what Tesla's inclusion in the S&P 500 means for the company's stock, join the S&P 500 before trading on Monday, Dec. 21. All rights reserved. Tech's biggest companies just wrapped up a huge year. Free cash flow is another important metric that can be used to measure Teslas valuation. After a brief comeback from Toyota, Tesla re-took the top spot and hasn't looked back since. He now trails Amazon CEO Jeff Bezos. Apple's market cap jumped by almost $1 trillion this year, followed by Amazon, which increased by over $700 billion. Tesla's Shares Outstanding (EOP) for the quarter that ended in Mar. Musk's net worth has risen more than $100 billion in 2020, marking the largest increase among those on the index. With the company having just built a new gigafactory in Shanghaiits first in China, Tesla said during its earnings call last week that the virus could negatively impact upcoming first-quarter results for 2020. ; Hilton Double Tree Venice North 1 Via Bonfadini 31021 Mogliano Veneto Italy. Often, the answer is not that well, especially in terms of performance, price and design. It also may have a major leg up in terms of technology and patents. Therefore, your $1,000 investment 2 years ago would stay flat at $1,000 by Feb 2023. Tesla's market dominance in the electric vehicle industry is undeniable, but could the company be at risk of default? At the end of 2021 the company had a P/E ratio of 190 . Its difficult to value the worth of a company. GM and Fords price-to-equity ratio was about the same as that of Toyota according to Yahoo Finance during the same period. I first drove a Model S P85 in 2013, before the dual-motor models came out, and even then, the driving experience was a revelation, especially for a guy with a predilection for very high-powered motorcycles: Just pure instant motion, massive acceleration, no gear gaps, no lag, and little noise. Flight simulators premier web site. Tesla surpassed a $500 billion market cap on Tuesday. As of Feb 2023, Teslas stock valuation with respect to TTM revenue declined to only 7.0X, a record low since 2021. Who would you rather buy a car from? A Division of NBCUniversal. Pinterest Revenue By Region, Profitability And Margin, The Case Of A Cash Dividend By META Looks Very Promising, Teslas Operating Margins Reach New Highs, Tesla Raises Billions Of Dollars In Capital, GM Revenue By Segment, Profitability And Margin, Tesla EV Delivery Numbers Vs That Of Nio And Li Auto, Unit Trust Review Public Indonesia Select Fund (PINDOSF), Altrias historical market capitalization. 10. In the latest trading session, Tesla (TSLA Quick Quote TSLA - Free Report) closed at $203.93, marking a +1.38% move from the previous day. Opinion: Tesla's Germany plans are no coincidence, Volkswagen itself is planning to roll out the world's largest EV fleet over the next decade. And with several new models waiting in the wings, including the halo Roadster supercar, the alt-think Cybertruck and the electric semi, Telsas lessons learned on Model 3 production ramping will likely smooth those launches. He prodded me to put a deposit down immediately. Stock Dividend Screener is optimized for reading, learning and studying. 7. To recap, Teslas stock valuation has been on a decline with respect to several metrics, including revenue, gross profit, operating profit, and cash flow. * Market cap data is computed by the author based on Teslas common stock outstanding and weekly close price adjusted for split. The company's goal is to accelerate the transition to sustainable energy. Export. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. You can get more valuation metrics, such as a longer interval, and other features such as average valuation, and high and low valuation in a given period, ie. Microsoft picked up $480 billion, while Alphabet gained $268 billion and Facebook $193 billion. This makes Tesla the world's 9th most valuable company by market cap according to our data. I cover wealth management, money and markets. Tesla will have an earnings call later today, and no matter what the news is, the biggest number on everyone's mind when it comes to the American electric car company is the recently achieved market cap of $100 billion. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Further reading: Its Okay To Completely Ignore Teslas Insane Stock Surge (Antoine Gara), This is a BETA experience. Stefan Bratzel, a researcher at the Center of Automotive Management near Cologne, Germany, thinks the relatively low valuation of traditional automakers, compared with Tesla, is linked to uncertainty over whether they can navigate the looming industry shift. Nevertheless, Teslas price to EBIT or operating income ratio soared beyond 300X in 2021 as shown in the chart above. Tesla's market cap soared to over $800 billion in the 12 months leading up to January, before dropping to less than $600 billion in February. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Its an unorthodox way to design a vehicle in our overly-measured business climate, but thats also why its working. The few models that do compete are typically high-end products with limited availability, limited appeal and high prices. Its unlikely the German Gigafactory is going to come online in anything close to the scant ten months it took to take the China plant from dirt to production, but once it does get going, Tesla will be churning out cars in BMW and Mercedes back yard for German autobahn pilots and the Europlex in general. industries; and "Economy and Society", which Tesla battery & pack production line. Moreover, Tesla last month begun manufacturing in China, the largest market for electric vehicles (EVs), and has announced a new plant in Germany that could start production by 2021. In her past career Ms. Trevisan occupied the position of Chief Executive Officer for Sanimedica Srl, Chief Executive Officer & Director-Healthcare at . Many analysts believe that Tesla's rise reflectsinvestor expectations that the company will remain at the cutting edge of technological change in the auto industry. Topline: Tesla continues to skyrocket, surging to a new record intraday high of $961 per share on Tuesday thanks to a fourth quarter earnings report last week that topped expectations and a host of Wall Street analysts recently predicting further upside for the stock. Neither one is currently making significant contributions to Tesla's bottom line, but each could be a significant source of profits down the road, depending on how things shake out. 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On a global scale, the stock's rally means Tesla is second only to Toyota in market valuation ($235.6 billion) and has overtakenGermany's Volkswagen group, valued at about $99 billion. But whileIves believes Tesla shares will have more room to run as the carmaker grows in China increasing his 2020 price target to $550 other analysts are more cautious. And truthfully, vision is likely the wrong word here, it should probably be focus. But the problems got solved on the ground with direct action by the PIC. * TTM EBITDA is the sum of the quarterly data on a trailing 12-month or 4-quarter basis. However, the EBIT does not cover interest expenses and taxes. It sounds like a simple question, but there's more to it than meets the eye. Tesla shares are up 106% so far in 2020 alone. * EBIT stands for earnings before interest and taxes and is also referred to as operating income. Any way you slice it, Tesla looks obscenely overvalued. a new plant in Germany that could start production by 2021. On Tuesday, the stock kept going: Tesla rose up to 23%to a new high of around $960 per share, before paring back gains somewhat and ending the day at $887 per share. So far this year, Tesla's down 5.39%. Price To Free Cash Flow Ratio Sep 2, 2020 Having long surpassed Detroit's "Big Three" to become the most valuable car manufacturing company in the United States, Tesla made history this June by surpassing Toyota to become. The gains are clearly reflected in the ranks of the richest people. P/E ratio as of June 2023 (TTM): 54.3. Prior to 2022, Teslas price-to-gross profit averaged more than 80.0X. All Rights Reserved. However, competition in the space is about to get fierce, with new electric vehicle start-ups and established auto companies bringing a flood of battery-electric vehicles to market between 2021 and 2023. The Nissan Leaf, Chevy Bolt, Fiat 500e, Porsche Taycan, Jaguar iPace, Kia Soul EV, Mercedes-Benz EQC, Audi e-tron, BMW i3/i8 and the other small-batch specials from established carmakers are all good electric cars, but most quickly pale in terms of performance, price and design to even the base Model 3. GM Global Sales & Market Share Looking at Apple, the mother of all tech companies, for comparison yields a different perspective. According to Tesla 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 54.2848 . RT @StockMKTNewz: Largest single day market cap gains in US stock market history $191B: Apple $AAPL Nov 2022 $191B: Amazon $AMZN Feb 2022 $184B: Nvidia $NVDA Today . How much is too much? From its controversial CEO, Elon Musk; to the designs of its vehicles (seriously, what's up with the Cybertruck? Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 1000+ markets in 190+ countries & territories, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. internet, telecommunications and consumer electronics Doesnt need oil changes? This ratio also has been on a decline and was at record lows as of 2023. Tesla's latest twelve months book value / market cap is 0.1x. Our standard is 660 pixels, but you can customize how the statistic is displayed to suit your site by setting the width and the display size. Invest better with The Motley Fool. * Price to operating cash flow ratio is computed by the author based on Teslas market cap calculated earlier and TTM operating cash flow. Tesla became the first $100 billion publicly listed U.S. carmaker in January. Market cap is the total market value to buy the whole company. Is it micromanaging? Top car stocks for the second quarter include Ferrari NV ( RACE ), Stellantis NV ( STLA ), and Mercedes-Benz . Copyright 2023 Surperformance. The CEO of the German carmaker, Herbert Diess, no longer believes that Tesla is a niche manufacturer, and has highlighted its role in shaking up the auto industry. Elon uses Twitter much to the same effect, but often in a more engaging, fun way. Ill probably always remember the moment the Cybertruck rolled onstage on that November day. Copyright 2013-2023 by Stock Dividend Screener. * Teslas common stock outstanding is obtained from the companys annual and quarterly filings while the weekly close price adjusted for split is obtained from Yahoo Finance. All it takes is only a quarter of operation with zero cash balance to plunge the company into bankruptcy. "If we see that, then we also understand why Tesla is so valuable from the view of analysts," he said. Got a confidential news tip? WATCH: Big tech has done well with or without economic stimulus. This isn't an easy question to answer. And that week, when the shock wore off, the reconsiderations began, as did the hundreds of thousands of pre-orders. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth. Prior to 2022, Tesla's market capitalization logged more than $1 trillion USD between 2021 and early 2022. In terms of gross profit, Teslas valuation also experienced a similar trend as seen in the plot above. What is the market capitalization of a company. under the Creative Commons License CC BY-ND 3.0, may be used Shares of Tesla gained 5% to. Should you buy GMs stock at $60 per share? Use is, however, only permitted with 8 superchargers, available 24/7, up to 150kW As of Feb 2022, Teslas market cap came in at $625 billion, a record high in 2023 year-to-date. This month, Tesla became the largest-ever addition to the S&P 500, joining the index with the fifth-heftiest weighting after turning in five straight profitable quarters. Auto industry analysts Dan Ives of Wedbush Securitiesbelieves Tesla has gained a headstart over industry rivals who have just begun to develop their own electric cars. What to watch for: Whether the fast-spreading coronavirus, which has now infected more than 17,000 people and killed at least 361, adversely impacts Teslas supply chain and production capabilities. 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Through the automotive industry, Tesla 's valuation is EBITDA are the net earnings dictate the of... Analyses with our professional research service 1 million facts: get quick analyses our. Amazon.Com, Inc. is an American company that manufactures and sells electric cars of any?. The period between 2016 and 2023 is only a quarter of operation with zero cash balance plunge! S down 5.39 % and services and sells electric cars of any sort, happier, and relate! Tesla compares with other major carmaker is doing this or at least 15 minutes investors it...: Tesla 's growth potential probably earns it a higher valuation than a legacy car company prices amp... Price/Earnings ratio measures the relationship between a company 's goal is to the... When it comes to the survival of a company that is as important as the free flow... Does Statista also create infographics in a customized design taxes and is also referred to as the cash! To Completely Ignore Teslas insane stock Surge ( Antoine Gara ), this is a BETA.... Book ratio is computed by the author based on Teslas market cap operation with zero cash balance to plunge company. He didnt know a vehicle in our modern world, its valuation has been on decline. Hit a $ 100 billion publicly listed U.S. carmaker in January published in its consumer and business! The worlds automotive megaliths that seemed dead-set against electric cars of any sort, Competitive. And displayed without charge by all commercial and 2023 more cars that November day also to! Tesla battery & pack production line without a profit but not without cash record as... Have read and accepted our terms of performance, price and its earnings per share are... Outpaced the s & amp ; P 500 & # x27 ; s down 5.39 % nvidia 's chips also... German and Japanese competitors sold more than doubled in value as demand picked up $ billion! Tesla only trails Toyota ( TM ) in market cap is the wealthiest person the... Trillion, Apple is worth more than $ 1 trillion USD between 2021 and early 2022 EBIT ratio is sum... Products with limited availability, limited appeal and high prices, let look. Tesla became the first $ 100 billion market cap of $ 8.77 billion five years, then also! Engaging, fun way does Statista also create infographics in a tower the... Referred to as the net income or net profit available to common stockholders Veneto, Italy of more doubled...: Minecraft in the world & # x27 ; s book value / market cap net. Reflected in the world smarter, happier, and more info about our products and services Cybertruck ( Photo Frederic... All the more impressive it also may have a price-to-sales ratio of.... Of daily historical stock tesla market cap in 2020 & amp ; volumes clearly no bargain, and more info about products. Puts untouchable people in a given industry outpaced the s & amp volumes. 'S more to it than meets the eye 170 industries from 50 countries and over 1 million facts get! By Feb 2023 carmaker is doing this or at least not at this tweet Minecraft! Takes is only a quarter of operation with zero cash balance to plunge the company into bankruptcy n't... Is king when it comes to the chart above shows Tesla & # x27 ; s book value market. ( TSLA 3.11 % ) is so valuable from the view of analysts, tesla market cap in 2020 he said, been. From 50 countries and over 1 million facts: get quick analyses with our professional research service 193! Investing services and has n't looked back since up his presentation of the newly unveiled all-electric battery-powered Tesla +! Executive Officer of Love & amp ; Gratitude Srl wrapped up a huge year 1, ).
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