| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 5/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
GPV Stock Overview
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada.
GreenPower Motor Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.20 |
| 52 Week High | CA$23.05 |
| 52 Week Low | CA$4.12 |
| Beta | 3.58 |
| 1 Month Change | -21.50% |
| 3 Month Change | -59.89% |
| 1 Year Change | -80.54% |
| 3 Year Change | 3.45% |
| 5 Year Change | 9.09% |
| Change since IPO | 50.00% |
Recent News & Updates
Shareholder Returns
| GPV | CA Machinery | CA Market | |
|---|---|---|---|
| 7D | -6.0% | -0.7% | -2.1% |
| 1Y | -80.5% | -48.9% | -5.7% |
Return vs Industry: GPV underperformed the Canadian Machinery industry which returned -49.4% over the past year.
Return vs Market: GPV underperformed the Canadian Market which returned -5.3% over the past year.
Price Volatility
| GPV volatility | |
|---|---|
| GPV Average Weekly Movement | 10.9% |
| Machinery Industry Average Movement | 9.6% |
| Market Average Movement | 10.1% |
| 10% most volatile stocks in CA Market | 17.6% |
| 10% least volatile stocks in CA Market | 4.4% |
Stable Share Price: GPV is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: GPV's weekly volatility (11%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 69 | Fraser Atkinson | https://www.greenpowermotor.com |
GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers a suite of high-floor and low-floor electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans, double decker buses, and a cab and chassis. It sells and leases its vehicles to customers directly and through distributors.
GreenPower Motor Fundamentals Summary
| GPV fundamental statistics | |
|---|---|
| Market Cap | US$74.43m |
| Earnings (TTM) | -US$15.01m |
| Revenue (TTM) | US$17.24m |
4.3x
P/S Ratio-5.0x
P/E RatioIs GPV overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| GPV income statement (TTM) | |
|---|---|
| Revenue | US$17.24m |
| Cost of Revenue | US$13.36m |
| Gross Profit | US$3.88m |
| Other Expenses | US$18.89m |
| Earnings | -US$15.01m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
Jul 08, 2022
| Earnings per share (EPS) | -0.65 |
| Gross Margin | 22.49% |
| Net Profit Margin | -87.08% |
| Debt/Equity Ratio | 16.8% |
How did GPV perform over the long term?
See historical performance and comparisonValuation
Is GPV undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for GPV?
Other financial metrics that can be useful for relative valuation.
| What is GPV's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$74.43m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 4.3x |
| Enterprise Value/EBITDA | -5.3x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does GPV's PS Ratio compare to its peers?
| GPV PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 15.5x | ||
VMC Vicinity Motor | 2.2x | 84.8% | CA$67.2m |
DYA dynaCERT | 57.1x | n/a | CA$47.7m |
WPRT Westport Fuel Systems | 0.6x | 14.8% | CA$224.3m |
TGH Tornado Global Hydrovacs | 2x | n/a | CA$68.5m |
GPV GreenPower Motor | 4.3x | 45.9% | CA$97.2m |
Price-To-Sales vs Peers: GPV is good value based on its Price-To-Sales Ratio (4.3x) compared to the peer average (15.5x).
Price to Earnings Ratio vs Industry
How does GPV's PE Ratio compare vs other companies in the CA Machinery Industry?
Price-To-Sales vs Industry: GPV is expensive based on its Price-To-Sales Ratio (4.3x) compared to the Canadian Machinery industry average (1.5x)
Price to Sales Ratio vs Fair Ratio
What is GPV's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 4.3x |
| Fair PS Ratio | 4.7x |
Price-To-Sales vs Fair Ratio: GPV is good value based on its Price-To-Sales Ratio (4.3x) compared to the estimated Fair Price-To-Sales Ratio (4.7x).
Share Price vs Fair Value
What is the Fair Price of GPV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate GPV's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate GPV's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GPV's PEG Ratio to determine if it is good value.
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Future Growth
How is GreenPower Motor forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Future Growth Score
5/6Future Growth Score 5/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
74.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GPV is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.6%).
Earnings vs Market: GPV is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GPV is expected to become profitable in the next 3 years.
Revenue vs Market: GPV's revenue (45.9% per year) is forecast to grow faster than the Canadian market (6.5% per year).
High Growth Revenue: GPV's revenue (45.9% 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 GPV's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has GreenPower Motor performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-31.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GPV is currently unprofitable.
Growing Profit Margin: GPV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GPV is unprofitable, and losses have increased over the past 5 years at a rate of 31.6% per year.
Accelerating Growth: Unable to compare GPV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GPV is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (25.7%).
Return on Equity
High ROE: GPV has a negative Return on Equity (-43.65%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is GreenPower Motor's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: GPV's short term assets ($43.1M) exceed its short term liabilities ($11.5M).
Long Term Liabilities: GPV's short term assets ($43.1M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: GPV has more cash than its total debt.
Reducing Debt: GPV's debt to equity ratio has reduced from 57.8% to 16.8% 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: GPV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: GPV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.8% each year
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Dividend
What is GreenPower Motor current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GPV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GPV'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 GPV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GPV's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as GPV has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
3.1yrs
Average management tenure
CEO
Fraser Atkinson (64 yo)
3.08yrs
Tenure
US$1,310,874
Compensation
Mr. Fraser Atkinson, CPA, has been Advisor of Grizzly Discoveries Incorporated since February 6, 2018. He serves as the President of Koko Financial Services Ltd. He served as the Chief Executive Officer of...
CEO Compensation Analysis
Compensation vs Market: Fraser's total compensation ($USD1.31M) is above average for companies of similar size in the Canadian market ($USD190.30K).
Compensation vs Earnings: Fraser's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: GPV's management team is considered experienced (3.1 years average tenure).
Board Members
Experienced Board: GPV's board of directors are considered experienced (9.4 years average tenure).
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: Shareholders have been diluted in the past year, with total shares outstanding growing by 7.6%.
Top Shareholders
Company Information
GreenPower Motor Company Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: GreenPower Motor Company Inc.
- Ticker: GPV
- Exchange: TSXV
- Founded: NaN
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: CA$97.236m
- Shares outstanding: 23.15m
- Website: https://www.greenpowermotor.com
Number of Employees
Location
- GreenPower Motor Company Inc.
- 209 Carrall Street
- Suite 240
- Vancouver
- British Columbia
- V6B 2J2
- Canada
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/07/06 00:00 |
| End of Day Share Price | 2022/07/06 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.