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PTRA

ProterraNasdaqGS:PTRA Stock Report

Last Price

US$9.29

Market Cap

US$2.0b

7D

-4.6%

1Y

-68.1%

Updated

19 Jan, 2022

Data

Company Financials +
PTRA fundamental analysis
Snowflake Score
Valuation0/6
Future Growth2/6
Past Performance0/6
Financial Health5/6
Dividends0/6

PTRA Stock Overview

Proterra Inc. develops and produces commercial electric vehicles.

Proterra Competitors

Cummins

NYSE:CMI

US$33.8b

PACCAR

NasdaqGS:PCAR

US$33.3b

Allison Transmission Holdings

NYSE:ALSN

US$4.3b

Nikola

NasdaqGS:NKLA

US$3.7b

Price History & Performance

Summary of all time highs, changes and price drops for Proterra
Historical stock prices
Current Share PriceUS$9.29
52 Week HighUS$31.06
52 Week LowUS$8.26
Beta0
1 Month Change5.21%
3 Month Change-4.42%
1 Year Change-68.09%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Sep 04

Is Proterra Stock Overvalued Or Undervalued? We're Boarding This Bus For More Upside

Proterra is a leading manufacturer of electric transit buses with integrated technology and energy solutions. The company is well-positioned to benefit from an accelerating trend of commercial fleet vehicle electrification supported by government zero-emission mandates. We are bullish on Proterra which trades at a discount to other EV stocks while the company is supported by a positive long-term outlook.

Jul 10

Proterra Is Promising But A Little Too Expensive

Proterra is a fast growing EV bus business that should keep revenue increasing for many years. The company, while young, seems to already be having a real impact, and their business model is solid. Unfortunately shares are a bit expensive, but it is worth keeping the company in a watch list, or making a small investment to increase it if the price goes down.

Shareholder Returns

PTRAUS MachineryUS Market
7D-4.6%-0.005%-3.5%
1Y-68.1%10.4%10.2%

Return vs Industry: PTRA underperformed the US Machinery industry which returned 10.4% over the past year.

Return vs Market: PTRA underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is PTRA's price volatile compared to industry and market?
PTRA volatility
PTRA Average Weekly Movement11.1%
Machinery Industry Average Movement4.9%
Market Average Movement6.6%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.4%

Stable Share Price: PTRA is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: PTRA's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2004816Gareth Joycehttps://www.proterra.com

Proterra Inc. develops and produces commercial electric vehicles. It operates in three business units: Proterra Powered, Proterra Energy, and Proterra Transit. The Proterra Powered business unit designs, develops, manufactures, sells, and integrates battery systems and electrification solutions into vehicles for commercial vehicle OEM customers serving delivery trucks, school buses, coach buses, construction and mining equipment, and other applications.

Proterra Fundamentals Summary

How do Proterra's earnings and revenue compare to its market cap?
PTRA fundamental statistics
Market CapUS$2.03b
Earnings (TTM)-US$237.49m
Revenue (TTM)US$228.60m

8.9x

P/S Ratio

-8.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTRA income statement (TTM)
RevenueUS$228.60m
Cost of RevenueUS$222.64m
Gross ProfitUS$5.96m
ExpensesUS$243.45m
Earnings-US$237.49m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.09
Gross Margin2.61%
Net Profit Margin-103.89%
Debt/Equity Ratio15.3%

How did PTRA perform over the long term?

See historical performance and comparison

Valuation

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

2.87x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: PTRA is overvalued based on its PB Ratio (2.9x) compared to the US Machinery industry average (2.8x).


Future Growth

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

56.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if PTRA's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if PTRA's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: PTRA's revenue (56.7% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: PTRA's revenue (56.7% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTRA is forecast to be unprofitable in 3 years.


Past Performance

How has Proterra performed over the past 5 years?

-83.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: PTRA is currently unprofitable.

Growing Profit Margin: PTRA is currently unprofitable.


Past Earnings Growth Analysis

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

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

Earnings vs Industry: PTRA is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (34.4%).


Return on Equity

High ROE: PTRA has a negative Return on Equity (-33.62%), as it is currently unprofitable.


Financial Health

How is Proterra's financial position?


Financial Position Analysis

Short Term Liabilities: PTRA's short term assets ($915.4M) exceed its short term liabilities ($89.7M).

Long Term Liabilities: PTRA's short term assets ($915.4M) exceed its long term liabilities ($190.0M).


Debt to Equity History and Analysis

Debt Level: PTRA has more cash than its total debt.

Reducing Debt: Insufficient data to determine if PTRA'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: PTRA has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PTRA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3.6% each year


Dividend

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


Dividend Yield vs Market

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

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

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

0.6yrs

Average management tenure


CEO

Gareth Joyce (48 yo)

0.33

Tenure

Mr. Gareth T. Joyce serves as the President at Proterra Inc. since September 13, 2021 and has been its Chief Executive Officer and Director since January 01, 2022. He serves as an Independent Director of C...


Leadership Team

Experienced Management: PTRA's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: PTRA's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.


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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Proterra Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Proterra Inc.
  • Ticker: PTRA
  • Exchange: NasdaqGS
  • Founded: 2004
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Implied Market Cap: US$2.028b
  • Shares outstanding: 218.31m
  • Website: https://www.proterra.com

Number of Employees


Location

  • Proterra Inc.
  • 1815 Rollins Road
  • Burlingame
  • California
  • 94010
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 00:07
End of Day Share Price2022/01/18 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.