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LEV

Lion ElectricTSX:LEV Stock Report

Market Cap

CA$3.1b

7D

-1.0%

1Y

n/a

Updated

25 Sep, 2021

Data

Company Financials +
LEV fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health4/6
Dividends0/6

LEV Overview

The Lion Electric Company manufactures all-electric medium and heavy-duty urban vehicles in North America.

Lion Electric Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lion Electric
Historical stock prices
Current Share PriceCA$16.62
52 Week HighCA$13.80
52 Week LowCA$28.39
Beta0
1 Month Change7.57%
3 Month Change-28.82%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-23.02%

Recent News & Updates

Shareholder Returns

LEVCA MachineryCA Market
7D-1.0%-4.9%-0.3%
1Yn/a60.9%30.8%

Return vs Industry: Insufficient data to determine how LEV performed against the Canadian Machinery industry.

Return vs Market: Insufficient data to determine how LEV performed against the Canadian Market.

Price Volatility

Is LEV's price volatile compared to industry and market?
LEV volatility
LEV Beta0
Industry Beta1.59
Market Beta1

Stable Share Price: LEV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: Insufficient data to determine LEV's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008658Marc Bedardhttps://www.thelionelectric.com

The Lion Electric Company manufactures all-electric medium and heavy-duty urban vehicles in North America. It primarily offers buses and trucks. The company is based in Saint-Jérôme, Canada.

Lion Electric Fundamentals Summary

How do Lion Electric's earnings and revenue compare to its market cap?
LEV fundamental statistics
Market CapUS$2.48b
Earnings (TTM)-US$284.96m
Revenue (TTM)US$39.03m

63.6x

P/S Ratio

-8.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LEV income statement (TTM)
RevenueUS$39.03m
Cost of RevenueUS$36.79m
Gross ProfitUS$2.25m
ExpensesUS$287.21m
Earnings-US$284.96m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.50
Gross Margin5.75%
Net Profit Margin-730.09%
Debt/Equity Ratio6.8%

How did LEV perform over the long term?

See historical performance and comparison

Valuation

Is Lion Electric undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: LEV (CA$16.62) is trading below our estimate of fair value (CA$85.33)

Significantly Below Fair Value: LEV is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: LEV is unprofitable, so we can't compare its PE Ratio to the Canadian Machinery industry average.

PE vs Market: LEV is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate LEV's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: LEV is overvalued based on its PB Ratio (12.3x) compared to the CA Machinery industry average (3.1x).


Future Growth

How is Lion Electric forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

73.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LEV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).

Earnings vs Market: LEV is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: LEV's is expected to become profitable in the next 3 years.

Revenue vs Market: LEV's revenue (65.4% per year) is forecast to grow faster than the Canadian market (6.1% per year).

High Growth Revenue: LEV's revenue (65.4% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if LEV's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Lion Electric performed over the past 5 years?

-798.9%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: LEV is currently unprofitable.

Growing Profit Margin: LEV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if LEV's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare LEV's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: LEV is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (21.3%).


Return on Equity

High ROE: LEV has a negative Return on Equity (-141%), as it is currently unprofitable.


Financial Health

How is Lion Electric's financial position?


Financial Position Analysis

Short Term Liabilities: LEV's short term assets ($456.1M) exceed its short term liabilities ($43.5M).

Long Term Liabilities: LEV's short term assets ($456.1M) exceed its long term liabilities ($306.0M).


Debt to Equity History and Analysis

Debt Level: LEV's debt to equity ratio (6.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if LEV's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: LEV has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if LEV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Lion Electric current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate LEV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate LEV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if LEV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if LEV's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of LEV's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Marc Bedard (57 yo)

13.67yrs

Tenure

US$219,548

Compensation

Mr. Marc Bedard is the Founder, Chief Executive Officer and Director of The Lion Electric Co since 2008. Prior to founding Lion, Mr. Bedard served as vice-president and chief financial officer of Les Entre...


CEO Compensation Analysis

Compensation vs Market: Marc's total compensation ($USD219.55K) is below average for companies of similar size in the Canadian market ($USD2.96M).

Compensation vs Earnings: Insufficient data to compare Marc's compensation with company performance.


Leadership Team

Experienced Management: LEV's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: LEV's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: LEV only recently listed within the past 12 months.


Top Shareholders

Company Information

The Lion Electric Company's employee growth, exchange listings and data sources


Key Information

  • Name: The Lion Electric Company
  • Ticker: LEV
  • Exchange: TSX
  • Founded: 2008
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: CA$3.149b
  • Shares outstanding: 189.47m
  • Website: https://www.thelionelectric.com

Number of Employees


Location

  • The Lion Electric Company
  • 921, chemin de la RiviEre-du-Nord
  • Saint-Jérôme
  • Quebec
  • J7Y 5G2
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 02:25
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.