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RMO logo

Romeo Power, Inc.NYSE:RMO Stock Report

Market Cap US$65.1m
Share Price
n/a
My Fair Value
1Y-92.7%
7D-7.3%
Portfolio Value
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Romeo Power, Inc.

NYSE:RMO Stock Report

Market Cap: US$65.1m

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Romeo Power (RMO) Stock Overview

Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. More details

RMO fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

RMO Community Fair Values

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NeoVolta

The Next Phase of Energy Storage: How NeoVolta Is Tackling America’s Power Crunch

Battery storage is no longer a niche corner of clean tech. It’s emerging as the backbone of America’s energy future.

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US$7.5
35.1% undervalued intrinsic discount
MarketJar Fair Value
Revenue growth
79.39% p.a.
Profit Margin
10%
Future PE
55x
Share price in 2030
US$11.38

Romeo Power, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Romeo Power
Historical stock prices
Current Share PriceUS$0.35
52 Week HighUS$5.55
52 Week LowUS$0.32
Beta1.48
1 Month Change-39.13%
3 Month Change-39.66%
1 Year Change-92.66%
3 Year Change-96.45%
5 Year Changen/a
Change since IPO-96.41%

Recent News & Updates

Romeo Power: Merger With Nikola Is A Must

Aug 09

Recent updates

Romeo Power: Merger With Nikola Is A Must

Aug 09

Where Art Thou Cash, Romeo?

Mar 01

Romeo Power: Battery Technology Junior May Have Got Strategy Wrong

Sep 17

Romeo Power's (NYSE:RMO) Shareholders May Want To Dig Deeper Than Statutory Profit

Aug 24
Romeo Power's (NYSE:RMO) Shareholders May Want To Dig Deeper Than Statutory Profit

Shareholder Returns

RMOUS ElectricalUS Market
7D-7.3%3.3%1.2%
1Y-92.7%39.8%17.9%

Return vs Industry: RMO underperformed the US Electrical industry which returned -29% over the past year.

Return vs Market: RMO underperformed the US Market which returned -25.7% over the past year.

Price Volatility

Is RMO's price volatile compared to industry and market?
RMO volatility
RMO Average Weekly Movement15.0%
Electrical Industry Average Movement11.0%
Market Average Movement6.4%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

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

Volatility Over Time: RMO's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2014294Susan Brennanromeopower.com

Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for vehicle electrification in North America. The company designs and manufactures battery modules, battery packs, and battery management system technologies; and provides non-recurring engineering services, such as design, prototype, and testing services. It serves commercial electric vehicle manufacturers, electric powertrain converters, electric watercraft manufacturers, fleet operators, and automobile, and recreational vehicle manufacturers.

Romeo Power, Inc. Fundamentals Summary

How do Romeo Power's earnings and revenue compare to its market cap?
RMO fundamental statistics
Market capUS$65.07m
Earnings (TTM)-US$176.99m
Revenue (TTM)US$32.12m
2.0x
P/S Ratio
-0.4x
P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RMO income statement (TTM)
RevenueUS$32.12m
Cost of RevenueUS$76.33m
Gross Profit-US$44.21m
Other ExpensesUS$132.78m
Earnings-US$176.99m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.95
Gross Margin-137.61%
Net Profit Margin-550.95%
Debt/Equity Ratio0%

How did RMO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/10/16 00:09
End of Day Share Price 2022/10/14 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Romeo Power, Inc. is covered by 3 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gregory LewisBTIG
Adam JonasMorgan Stanley
Gabriel DaoudTD Cowen