NasdaqCM:FUV

Stock Analysis Report

Executive Summary

Arcimoto, Inc. designs, develops, manufactures, and sells three-wheeled electric vehicles.


Snowflake Analysis

Limited growth with worrying balance sheet.

Share Price & News

How has Arcimoto's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FUV has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.8%

FUV

7.3%

US Auto

0.06%

US Market


1 Year Return

-57.5%

FUV

62.6%

US Auto

19.3%

US Market

Return vs Industry: FUV underperformed the US Auto industry which returned 62.6% over the past year.

Return vs Market: FUV underperformed the US Market which returned 19.3% over the past year.


Shareholder returns

FUVIndustryMarket
7 Day5.8%7.3%0.06%
30 Day12.4%24.8%1.7%
90 Day9.7%55.5%9.0%
1 Year-57.5%-57.5%67.2%62.6%21.8%19.3%
3 Yearn/a81.3%65.0%49.5%39.9%
5 Yearn/a85.0%53.6%73.1%54.1%

Price Volatility Vs. Market

How volatile is Arcimoto's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

21.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FUV's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FUV's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FUV is overvalued based on its PB Ratio (21.1x) compared to the US Auto industry average (3.6x).


Next Steps

Future Growth

How is Arcimoto forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

35.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FUV is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: FUV is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: FUV is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: FUV's revenue (52.6% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: FUV's revenue (52.6% 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 FUV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Arcimoto performed over the past 5 years?

-59.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FUV is currently unprofitable.

Growing Profit Margin: FUV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FUV is unprofitable, and losses have increased over the past 5 years at a rate of -59.3% per year.

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

Earnings vs Industry: FUV is unprofitable, making it difficult to compare its past year earnings growth to the Auto industry (-18.9%).


Return on Equity

High ROE: FUV has a negative Return on Equity (-927.53%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Arcimoto's financial position?


Financial Position Analysis

Short Term Liabilities: FUV's short term assets ($6.9M) do not cover its short term liabilities ($8.7M).

Long Term Liabilities: FUV's short term assets ($6.9M) exceed its long term liabilities ($1.4M).


Debt to Equity History and Analysis

Debt Level: FUV's debt to equity ratio (319.3%) is considered high.

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


Balance Sheet

Inventory Level: FUV has a high level of physical assets or inventory.

Debt Coverage by Assets: FUV's debt is covered by short term assets (assets are 1.4x debt).


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: FUV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: FUV has less than a year of cash runway if free cash flow continues to reduce at historical rates of -60.4% each year


Next Steps

Dividend

What is Arcimoto's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if FUV'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 FUV's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

4.7yrs

Average management tenure


CEO

Mark Frohnmayer (44yo)

12.3yrs

Tenure

US$59,584

Compensation

Mr. Mark D. Frohnmayer co-founded GarageGames, LLC in 2001. Mr. Frohnmayer is Founder and serves as Chief Executive Officer and President of Arcimoto, Inc. since November 2007. After 11 years in the comput ...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD59.58K) is below average for companies of similar size in the US market ($USD521.37K).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Frohnmayer
Founder12.3yrsUS$59.58k29.19% $12.9m
Douglas Campoli
CFO, Treasurer & Secretary4.7yrsUS$134.45k0.084% $37.1k
Terry Becker
COO & Director4.8yrsUS$169.45k0.67% $298.3k

4.7yrs

Average Tenure

55yo

Average Age

Experienced Management: FUV's management team is considered experienced (4.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Frohnmayer
Founder12.3yrsUS$59.58k29.19% $12.9m
Terry Becker
COO & Director4.8yrsUS$169.45k0.67% $298.3k
Jeff Curl
Independent Director4.8yrsno data2.29% $1.0m
Jesse Eisler
Independent Director1.4yrsno data2.21% $978.2k
Joshua Scherer
Independent Director1.4yrsno data0.24% $107.4k

4.8yrs

Average Tenure

53yo

Average Age

Experienced Board: FUV's board of directors are considered experienced (4.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.4%.


Top Shareholders

Company Information

Arcimoto, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Arcimoto, Inc.
  • Ticker: FUV
  • Exchange: NasdaqCM
  • Founded: 2007
  • Industry: Motorcycle Manufacturers
  • Sector: Automobiles
  • Market Cap: US$44.230m
  • Shares outstanding: 24.44m
  • Website: https://www.arcimoto.com

Number of Employees


Location

  • Arcimoto, Inc.
  • 2034 West 2nd Avenue
  • Eugene
  • Oregon
  • 97402
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FUVNasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 2017

Biography

Arcimoto, Inc. designs, develops, manufactures, and sells three-wheeled electric vehicles. Its portfolio of electric vehicles includes Fun Utility Vehicle, Rapid Responder for a specialized emergency, security, and law enforcement services, and Deliverator for goods delivery operations. The company was formerly known as WTP Incorporated and changed its name to Arcimoto, Inc. in December 2011. Arcimoto, Inc. was founded in 2007 and is headquartered in Eugene, Oregon. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 01:20
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.