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

Insufficient data to calculate RONN's Price-To-Book Ratio vs. peers for valuation analysis.

How does RONN's PB Ratio compare vs other companies in the US Auto Industry?

Insufficient data to calculate RONN's Price-To-Book Ratio vs. industry for valuation analysis.

What is RONN'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.

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

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

Insufficient data to calculate RONN's fair value for valuation analysis.

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

Insufficient data to show price forecast.

RONN Stock Overview

Focuses on the design and development, manufacture, marketing, and sale of all-electric, hydrogen-fuel cell, and zero-emission new energy vehicles (NEVs) in the United States, China, and internationally. More details

RONN fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	0/6
Dividends	0/6

Risk Analysis

Does not have a meaningful market cap ($913K)

Latest financial reports are more than a year old

Shareholders have been substantially diluted in the past year

Highly volatile share price over the past 3 months compared to the US market

My Notes

Capture your thoughts, links and company narrative

RONN Inc. Competitors

Ayro

NasdaqCM:AYRO

US$4.8m

Elektros

OTCPK:ELEK

US$9.2m

Fly-E Group

NasdaqCM:FLYE

US$10.1m

Canoo

NasdaqCM:GOEV

US$8.9m

Price History & Performance

Summary of share price highs, lows and changes for RONN
Historical stock prices
Current Share Price	US$0.0004
52 Week High	US$0.055
52 Week Low	US$0.0002
Beta	0
1 Month Change	0%
3 Month Change	-50.00%
1 Year Change	-95.56%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-99.82%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	RONN	US Auto	US Market
7D	-20.0%	-7.8%	-2.7%
1Y	-95.6%	48.5%	23.4%

Return vs Industry: RONN underperformed the US Auto industry which returned 48.5% over the past year.

Return vs Market: RONN underperformed the US Market which returned 23.4% over the past year.

Price Volatility

Is RONN's price volatile compared to industry and market?
RONN volatility
RONN Average Weekly Movement	52.3%
Auto Industry Average Movement	10.7%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.9%
10% least volatile stocks in US Market	3.2%

Stable Share Price: RONN's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: RONN's weekly volatility has decreased from 71% to 52% over the past year, but is still higher than 75% of US stocks.

About the Company

Founded	Employees	CEO	Website
2013	1	Maxwell Ford	www.ronnmotorgroup.com

RONN Inc. focuses on the design and development, manufacture, marketing, and sale of all-electric, hydrogen-fuel cell, and zero-emission new energy vehicles (NEVs) in the United States, China, and internationally. It intends to offer hydrogen fuel cell NEVs, including sports cars, sedans, SUVs, trucks, and buses. The company was founded in 2013 and is based in Scottsdale, Arizona.

RONN Inc. Fundamentals Summary

How do RONN's earnings and revenue compare to its market cap?
RONN fundamental statistics
Market cap	US$912.72k
Earnings (TTM)	-US$505.11k
Revenue (TTM)	n/a

0.0x

P/S Ratio

0.0x

P/E Ratio

Is RONN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RONN income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$505.11k
Earnings	-US$505.11k

Last Reported Earnings

Dec 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did RONN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 21:10
End of Day Share Price	2024/12/20 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

RONN Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution