NasdaqCM:FUV

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Limited growth with imperfect 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


Market Performance


7 Day Return

3.4%

NasdaqCM:FUV

-2.6%

US Auto

-1.6%

US Market


1 Year Return

-30.9%

NasdaqCM:FUV

-12.8%

US Auto

-3.0%

US Market

FUV underperformed the Auto industry which returned -12.8% over the past year.

FUV underperformed the Market in United States of America which returned -3% over the past year.


Share holder returns

FUVIndustryMarket
7 Day3.4%-2.6%-1.6%
30 Day-4.4%-9.6%-5.7%
90 Day3.1%0.1%0.2%
1 Year-30.9%-30.9%-10.3%-12.8%-0.8%-3.0%
3 Yearn/a13.4%2.7%38.1%29.1%
5 Yearn/a-13.3%-26.9%50.8%34.1%

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 based on future cash flows and its price relative to the stock market?

10.37x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Arcimoto to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Arcimoto to establish if it is available at substantial discount.


Price Based on Earnings

Arcimoto is loss making, we can't compare its value to the US Auto industry average.

Arcimoto is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Arcimoto, we can't assess if its growth is good value.


Price Based on Value of Assets

Arcimoto is overvalued based on assets compared to the US Auto industry average.


Next Steps

Future Growth

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

45.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Arcimoto's revenue is expected to grow significantly at over 20% yearly.

Arcimoto is not considered high growth as it is expected to be loss making for the next 1-3 years.

Arcimoto's revenue growth is expected to exceed the United States of America market average.

Unable to compare Arcimoto's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Arcimoto's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Arcimoto will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Arcimoto performed over the past 5 years?

-68.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Arcimoto does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Arcimoto's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Arcimoto's 1-year growth to the US Auto industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Arcimoto has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Arcimoto has efficiently used its assets last year compared to the US Auto industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Arcimoto improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Arcimoto's financial position?


Financial Position Analysis

Arcimoto is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Arcimoto's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Arcimoto's level of debt (52.8%) compared to net worth is high (greater than 40%).

Unable to establish if Arcimoto's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 2.3x 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.

Arcimoto has less than a year of cash runway based on current free cash flow.

Arcimoto has less than a year of cash runway if free cash flow continues to grow at historical rates of 79.9% each year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Arcimoto's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Arcimoto's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Arcimoto has not reported any payouts.

Unable to verify if Arcimoto's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Arcimoto has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Arcimoto's salary, the management and board of directors tenure and is there insider trading?

4.2yrs

Average management tenure


CEO

Mark Frohnmayer (44yo)

11.8yrs

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

Mark's remuneration is lower than average for companies of similar size in United States of America.

Mark's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.2yrs

Average Tenure

55yo

Average Age

The tenure for the Arcimoto management team is about average.


Board Age and Tenure

4.3yrs

Average Tenure

53yo

Average Age

The tenure for the Arcimoto board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$2,40021 Nov 18
Douglas Campoli
EntityIndividual
Role
Chief Financial Officer
CFO, Treasurer & Secretary
Shares800
Max PriceUS$3.00
BuyUS$63021 Nov 18
Terry Becker
EntityIndividual
Role
Member of the Board of Directors
COO & Director
Shares210
Max PriceUS$3.00
BuyUS$419,70921 Nov 18
Mark Frohnmayer
EntityIndividual
Role
Chief Executive Officer
Founder
Shares139,903
Max PriceUS$3.00
BuyUS$225,00021 Nov 18
Jesse Eisler
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares75,000
Max PriceUS$3.00
BuyUS$100,00221 Nov 18
Joshua Scherer
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares33,334
Max PriceUS$3.00
BuyUS$75,00021 Nov 18
Jeff Curl
EntityIndividual
Role
Member of the Board of Directors
Director
Shares25,000
Max PriceUS$3.00

Ownership Breakdown


Management Team

  • Mark Frohnmayer (44yo)

    Founder

    • Tenure: 11.8yrs
    • Compensation: US$59.58k
  • Terry Becker (58yo)

    COO & Director

    • Tenure: 4.3yrs
    • Compensation: US$169.45k
  • Douglas Campoli (55yo)

    CFO, Treasurer & Secretary

    • Tenure: 4.2yrs
    • Compensation: US$134.45k

Board Members

  • Mark Frohnmayer (44yo)

    Founder

    • Tenure: 11.8yrs
    • Compensation: US$59.58k
  • Terry Becker (58yo)

    COO & Director

    • Tenure: 4.3yrs
    • Compensation: US$169.45k
  • Jeff Curl (58yo)

    Director

    • Tenure: 4.3yrs
  • Jesse Eisler (53yo)

    Independent Director

    • Tenure: 0.9yrs
  • Joshua Scherer (47yo)

    Independent Director

    • Tenure: 0.9yrs

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$55.877m
  • Shares outstanding: 18.38m
  • 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, secu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 00:44
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
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.