OTCPK:ADOM

Stock Analysis Report

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Executive Summary

ADOMANI, Inc. provides zero-emission electric and hybrid drivetrain systems for integration in new and existing school buses and medium to heavy-duty commercial fleet vehicles. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ADOM's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.3%

ADOM

-0.05%

US Auto Components

-1.1%

US Market


1 Year Return

172.2%

ADOM

3.1%

US Auto Components

15.6%

US Market

Return vs Industry: ADOM exceeded the US Auto Components industry which returned 3.1% over the past year.

Return vs Market: ADOM exceeded the US Market which returned 15.6% over the past year.


Shareholder returns

ADOMIndustryMarket
7 Day4.3%-0.05%-1.1%
30 Day30.4%16.0%4.2%
90 Day-13.7%12.1%6.3%
1 Year172.2%172.2%4.1%3.1%18.2%15.6%
3 Year-95.1%-95.1%-10.7%-20.3%39.6%30.4%
5 Yearn/a19.6%0.5%79.5%59.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

15.06x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: ADOM 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 ADOM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ADOM is overvalued based on its PB Ratio (15.1x) compared to the US Auto Components industry average (1.9x).


Next Steps

Future Growth

How is ADOMANI forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-12.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

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

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

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

Revenue vs Market: ADOM's revenue is expected to decline over the next 3 years (-12.7% per year).

High Growth Revenue: ADOM's revenue is forecast to decline over the next 3 years (-12.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has ADOMANI performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADOM is currently unprofitable.

Growing Profit Margin: ADOM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADOM is unprofitable, but has reduced losses over the past 5 years at a rate of 20.1% per year.

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

Earnings vs Industry: ADOM is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-18.5%).


Return on Equity

High ROE: ADOM has a negative Return on Equity (-399.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is ADOMANI's financial position?


Financial Position Analysis

Short Term Liabilities: ADOM's short term assets ($2.4M) exceed its short term liabilities ($1.5M).

Long Term Liabilities: ADOM's short term assets ($2.4M) exceed its long term liabilities ($602.0K).


Debt to Equity History and Analysis

Debt Level: ADOM's debt to equity ratio (34.4%) is considered satisfactory.

Reducing Debt: ADOM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


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

Forecast Cash Runway: ADOM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.6% each year


Next Steps

Dividend

What is ADOMANI current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ADOM'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 ADOM's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ADOM'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 ADOM'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?

3.8yrs

Average management tenure


CEO

Phil Oldridge (59 yo)

0.083

Tenure

Mr. Phillip W. Oldridge, also known as Phil, serves as Chief Executive Officer at ADOMANI, Inc. since September 2, 2020. Mr. Oldridge founded GreenPower Motor Company Inc. in 2010 and was its Chief Executi ...


Leadership Team

NamePositionTenureCompensationOwnership
James Reynolds
Chairman & President4.25yrsUS$374.91k7.54%
$ 1.4m
Michael Menerey
CFO, Secretary3.75yrsUS$225.29k0.68%
$ 122.9k
Richard Eckert
Chief Operating Officer3.58yrsUS$213.29k0.072%
$ 13.1k
Phillip Oldridge
Chief Executive Officer0.083yrno datano data
Kevin Kanning
Founder and President of Business Development & VP of Investor Relations8.75yrsno data5.38%
$ 970.2k
Matt Essex
Director of Sales3.67yrsno datano data
Russell Young
Controller3.75yrsno datano data

3.8yrs

Average Tenure

59yo

Average Age

Experienced Management: ADOM's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Reynolds
Chairman & President4.25yrsUS$374.91k7.54%
$ 1.4m
Michael Menerey
CFO, Secretary3.75yrsUS$225.29k0.68%
$ 122.9k
Gary Nettles
Independent Director3.33yrsUS$29.78k0.10%
$ 18.4k
John Perkowski
Independent Director3.33yrsUS$29.78k0%
$ 0
Janet Boydell
Independent Director3.33yrsUS$29.78k0.16%
$ 28.2k

3.3yrs

Average Tenure

68yo

Average Age

Experienced Board: ADOM's board of directors are considered experienced (3.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: ADOMANI, Inc.
  • Ticker: ADOM
  • Exchange: OTCPK
  • Founded: 2012
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Market Cap: US$18.045m
  • Shares outstanding: 73.65m
  • Website: https://www.adomanielectric.com

Number of Employees


Location

  • ADOMANI, Inc.
  • 4740 Green River Road
  • Suite 106
  • Corona
  • California
  • 92880
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ADOMOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJun 2017

Biography

ADOMANI, Inc. provides zero-emission electric and hybrid drivetrain systems for integration in new and existing school buses and medium to heavy-duty commercial fleet vehicles. Its products include tractio ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/27 00:20
End of Day Share Price2020/10/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.