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
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Adequate balance sheet with limited growth.
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 is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 32% a week.
Volatility Over Time: ADOM's weekly volatility (32%) has been stable over the past year, but is still higher than 75% of US stocks.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: ADOM exceeded the US Auto Components industry which returned 35.9% over the past year.
Return vs Market: ADOM exceeded the US Market which returned 22.8% over the past year.
Long-Term 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
1 year ago | Simply Wall StDoes The ADOMANI, Inc. (NASDAQ:ADOM) Share Price Tend To Follow The Market?
1 year ago | Simply Wall StHere's Why ADOMANI (NASDAQ:ADOM) Might Be Better Off Without Debt
1 year ago | Simply Wall StDo Insiders Own Lots Of Shares In ADOMANI, Inc. (NASDAQ:ADOM)?
Is ADOMANI undervalued compared to its fair value and its price relative to the market?
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 (87.5x) compared to the US Auto Components industry average (2x).
How is ADOMANI forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
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 (106.3% per year) is forecast to grow faster than the US market (10.5% per year).
High Growth Revenue: ADOM's revenue (106.3% 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 ADOM's Return on Equity is forecast to be high in 3 years time
How has ADOMANI performed over the past 5 years?
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 22.2% 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 (-10.3%).
Return on Equity
High ROE: ADOM has a negative Return on Equity (-1413.44%), as it is currently unprofitable.
How is ADOMANI's financial position?
Financial Position Analysis
Short Term Liabilities: ADOM's short term assets ($1.7M) do not cover its short term liabilities ($1.7M).
Long Term Liabilities: ADOM's short term assets ($1.7M) exceed its long term liabilities ($510.0K).
Debt to Equity History and Analysis
Debt Level: ADOM's debt to equity ratio (129.4%) is considered high.
Reducing Debt: ADOM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ADOM is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Phil Oldridge (59 yo)
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...
|CFO, Secretary||4yrs||US$225.29k||0.45% |
|Chief Operating Officer||3.83yrs||US$213.29k||0.047% |
|Chief Executive Officer||0.33yr||no data||no data|
|Founder and President of Business Development & VP of Investor Relations||9yrs||no data||3.51% |
|Director of Sales||3.92yrs||no data||no data|
|Controller||4yrs||no data||no data|
Experienced Management: ADOM's management team is considered experienced (4 years average tenure).
|CFO, Secretary||4yrs||US$225.29k||0.45% |
|Independent Director||3.58yrs||US$29.78k||0.067% |
|Independent Director||3.58yrs||US$29.78k||0% |
|Independent Director||3.58yrs||US$29.78k||0.10% |
Experienced Board: ADOM's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ADOM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.1%.
ADOMANI, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: ADOMANI, Inc.
- Ticker: ADOM
- Exchange: OTCPK
- Founded: 2012
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: US$42.242m
- Shares outstanding: 112.68m
- Website: https://www.adomanielectric.com
Number of Employees
- ADOMANI, Inc.
- 4740 Green River Road
- Suite 106
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ADOM||OTCPK (Pink Sheets LLC)||Yes||Common Stock||US||USD||Jun 2017|
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/22 23:25|
|End of Day Share Price||2021/01/22 00:00|
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.