Joby Aviation, Inc. Fundamental Analysis (NYSE: JOBY-WT)
Joby Aviation, Inc. Fundamental Analysis (NYSE: JOBY-WT)
Joby Aviation, Inc. (NYSE: JOBY-WT) shows moderate financial fundamentals with a PE ratio of -8.11, profit margin of -4.63%, and ROE of -40.04%. The company generates $0.3B in annual revenue with strong year-over-year growth of 391.83%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -342.7/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze JOBY-WT's fundamental strength across five key dimensions:
Efficiency Score
WeakJOBY-WT struggles to generate sufficient returns from assets.
Valuation Score
ExcellentJOBY-WT trades at attractive valuation levels.
Growth Score
ModerateJOBY-WT shows steady but slowing expansion.
Financial Health Score
ExcellentJOBY-WT maintains a strong and stable balance sheet.
Profitability Score
WeakJOBY-WT struggles to sustain strong margins.
Key Financial Metrics
Is JOBY-WT Expensive or Cheap?
P/E Ratio
JOBY-WT trades at -8.11 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, JOBY-WT's PEG of -0.13 indicates potential undervaluation.
Price to Book
The market values Joby Aviation, Inc. at 3.32 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.
EV/EBITDA
Enterprise value stands at -8.82 times EBITDA. This is generally considered low.
How Well Does JOBY-WT Make Money?
Net Profit Margin
For every $100 in sales, Joby Aviation, Inc. keeps $-4.63 as profit after all expenses.
Operating Margin
Core operations generate -6.58 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-40.04 in profit for every $100 of shareholder equity.
ROA
Joby Aviation, Inc. generates $-25.63 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Joby Aviation, Inc. generates limited operating cash flow of $-1.42B, signaling weaker underlying cash strength.
Free Cash Flow
Joby Aviation, Inc. generates weak or negative free cash flow of $-1.75B, restricting financial flexibility.
FCF Per Share
Each share generates $-0.80 in free cash annually.
FCF Yield
JOBY-WT converts -13.38% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-8.11
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.13
vs 25 benchmark
P/B Ratio
Price to book value ratio
3.32
vs 25 benchmark
P/S Ratio
Price to sales ratio
39.54
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.43
vs 25 benchmark
Current Ratio
Current assets to current liabilities
18.29
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.40
vs 25 benchmark
ROA
Return on assets percentage
-0.26
vs 25 benchmark
ROCE
Return on capital employed
-0.38
vs 25 benchmark
How JOBY-WT Stacks Against Its Sector Peers
| Metric | JOBY-WT Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -8.11 | 27.44 | Better (Cheaper) |
| ROE | -40.04% | 1185.00% | Weak |
| Net Margin | -462.84% | -2.00% (disorted) | Weak |
| Debt/Equity | 0.43 | 0.85 | Strong (Low Leverage) |
| Current Ratio | 18.29 | 22.12 | Strong Liquidity |
| ROA | -25.63% | -1355419.00% (disorted) | Weak |
JOBY-WT outperforms its industry in 3 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Joby Aviation, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
0.00%
Industry Style: Cyclical, Value, Infrastructure
DecliningEPS CAGR
-495.29%
Industry Style: Cyclical, Value, Infrastructure
DecliningFCF CAGR
-251.91%
Industry Style: Cyclical, Value, Infrastructure
Declining