NasdaqGM:EH

Stock Analysis Report

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Executive Summary

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People’s Republic of China, Europe, North America, West Asia, and internationally. More Details

Rewards

Earnings are forecast to grow 187.2% per year

Revenue grew by 137.1% over the past year

Risk Analysis

No risks detected for EH from our risk checks.


Snowflake Analysis

Exceptional growth potential with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: EH is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: EH's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

31.5%

EH

2.7%

US Aerospace & Defense

1.8%

US Market


1 Year Return

n/a

EH

-23.2%

US Aerospace & Defense

20.4%

US Market

Return vs Industry: Insufficient data to determine how EH performed against the US Aerospace & Defense industry.

Return vs Market: Insufficient data to determine how EH performed against the US Market.


Shareholder returns

EHIndustryMarket
7 Day31.5%2.7%1.8%
30 Day71.3%11.1%6.0%
90 Day72.3%8.3%6.8%
1 Yearn/a-7.0%-23.2%23.2%20.4%
3 Yearn/a13.3%-9.1%47.4%37.6%
5 Yearn/a67.0%25.8%91.9%70.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

18.26x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: EH is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.

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


Price to Book Ratio

PB vs Industry: EH is overvalued based on its PB Ratio (18.3x) compared to the US Aerospace & Defense industry average (2.9x).


Next Steps

Future Growth

How is EHang Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

187.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: EH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: EH's is expected to become profitable in the next 3 years.

Revenue vs Market: EH's revenue (80.9% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: EH's revenue (80.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EH's Return on Equity is forecast to be very high in 3 years time (41.1%).


Next Steps

Past Performance

How has EHang Holdings performed over the past 5 years?

16.7%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: EH is currently unprofitable.

Growing Profit Margin: EH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if EH's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: EH is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (-1.9%).


Return on Equity

High ROE: EH has a negative Return on Equity (-15.03%), as it is currently unprofitable.


Next Steps

Financial Health

How is EHang Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: EH's short term assets (CN¥408.8M) exceed its short term liabilities (CN¥98.8M).

Long Term Liabilities: EH's short term assets (CN¥408.8M) exceed its long term liabilities (CN¥36.8M).


Debt to Equity History and Analysis

Debt Level: EH's debt to equity ratio (12.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if EH's debt to equity ratio has reduced over the past 5 years.


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: EH has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: EH has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 23.9% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


CEO

Huazhi Hu (42 yo)

no data

Tenure

Mr. Huazhi Hu serves as Chairman, Founder and Chief Executive Officer at EHang Holdings Limited.


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.


Ownership Breakdown

Dilution of Shares: EH only recently listed within the past 12 months.


Top Shareholders

Company Information

EHang Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: EHang Holdings Limited
  • Ticker: EH
  • Exchange: NasdaqGM
  • Founded: 2014
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$811.078m
  • Shares outstanding: 54.73m
  • Website: https://www.ehang.com

Number of Employees


Location

  • EHang Holdings Limited
  • Building C
  • Yixiang Technology Park
  • Guangzhou
  • Guangdong Province
  • 510700
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EHNasdaqGM (Nasdaq Global Market)YesADSUSUSDDec 2019

Biography

EHang Holdings Limited operates as an autonomous aerial vehicle (AAV) technology platform company in the People’s Republic of China, Europe, North America, West Asia, and internationally. It designs, devel...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 23:38
End of Day Share Price2020/11/24 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.