Lordstown Motors Corp.

NasdaqGS:RIDE Stock Report

Mkt Cap: US$160.8m

We’ve recently updated our valuation analysis.

Lordstown Motors Valuation

Is RIDE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RIDE?

Other financial metrics that can be useful for relative valuation.

RIDE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does RIDE's PB Ratio compare to its peers?

The above table shows the PB ratio for RIDE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.8x
SOLO Electrameccanica Vehicles
0.3x0.5%US$63.6m
SEV Sono Group
1.1x4.8%US$33.8m
FSR Fisker
3.8x83.5%US$1.8b
WKHS Workhorse Group
2x53.4%US$217.4m
RIDE Lordstown Motors
0.5x15.6%US$160.8m


Price to Earnings Ratio vs Industry

How does RIDE's PE Ratio compare vs other companies in the US Auto Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.1%
n/an/an/a
No. of CompaniesPB048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a21.1%
n/an/an/a
No more companies


Price to Book Ratio vs Fair Ratio

What is RIDE's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RIDE PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate RIDE's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of RIDE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RIDE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.67
US$0.92
+36.2%
12.9%US$1.00US$0.75n/a3
Mar ’24US$0.99
US$1.25
+26.3%
43.2%US$2.00US$0.75n/a3
Feb ’24US$1.32
US$1.25
-5.3%
43.2%US$2.00US$0.75n/a3
Jan ’24US$1.14
US$1.33
+17.0%
35.4%US$2.00US$1.00n/a3
Dec ’23US$1.65
US$1.50
-9.1%
27.2%US$2.00US$1.00n/a3
Nov ’23US$1.84
US$1.50
-18.5%
27.2%US$2.00US$1.00n/a3
Oct ’23US$1.83
US$1.38
-24.9%
30.2%US$2.00US$1.00n/a4
Sep ’23US$2.16
US$1.38
-36.3%
30.2%US$2.00US$1.00n/a4
Aug ’23US$2.27
US$1.38
-39.4%
30.2%US$2.00US$1.00n/a4
Jul ’23US$1.60
US$1.50
-6.3%
29.8%US$2.00US$1.00n/a5
Jun ’23US$1.88
US$1.50
-20.2%
29.8%US$2.00US$1.00n/a5
May ’23US$2.18
US$2.42
+10.9%
42.1%US$4.00US$1.00n/a6
Apr ’23US$3.21
US$2.58
-19.5%
45.3%US$4.00US$1.00n/a6
Mar ’23US$2.69
US$2.50
-7.1%
44.1%US$4.00US$1.00US$0.997
Feb ’23US$3.15
US$3.14
-0.2%
56.9%US$7.00US$1.00US$1.327
Jan ’23US$3.45
US$3.86
+11.8%
48.9%US$7.00US$1.00US$1.147
Dec ’22US$4.18
US$3.86
-7.7%
48.9%US$7.00US$1.00US$1.657
Nov ’22US$5.60
US$4.75
-15.2%
56.4%US$10.00US$1.00US$1.848
Oct ’22US$6.53
US$5.50
-15.8%
48.1%US$10.00US$1.00US$1.838
Sep ’22US$6.50
US$6.86
+5.5%
91.7%US$20.00US$1.00US$2.167
Aug ’22US$6.24
US$7.86
+25.9%
74.0%US$20.00US$1.00US$2.277
Jul ’22US$10.35
US$8.14
-21.3%
73.8%US$20.00US$1.00US$1.607
Jun ’22US$10.33
US$9.57
-7.3%
56.1%US$20.00US$1.00US$1.887
May ’22US$9.91
US$21.33
+115.3%
55.2%US$40.00US$10.00US$2.186
Apr ’22US$12.05
US$26.80
+122.4%
38.9%US$40.00US$12.00US$3.215
Mar ’22US$20.16
US$32.20
+59.7%
32.7%US$50.00US$18.00US$2.695


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