RMO Stock Overview
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America.
Romeo Power Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$4.04|
|52 Week High||US$38.90|
|52 Week Low||US$3.94|
|1 Month Change||-6.91%|
|3 Month Change||-19.84%|
|1 Year Change||-76.21%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-58.56%|
Recent News & Updates
Romeo Power: Battery Technology Junior May Have Got Strategy Wrong
Romeo Power is a small EV battery manufacturer based out of Los Angeles, California. The product of a SPAC deal consummated pre-pandemic, the timing could not have been harsher. Premised on out-of-the park growth and revenue numbers, the venture may have missed shifts in the automotive supply chain. With OEMs progressively looking to control battery manufacturing, this firm could possibly be left out in the cold.
|RMO||US Electrical||US Market|
Return vs Industry: RMO underperformed the US Electrical industry which returned 24.4% over the past year.
Return vs Market: RMO underperformed the US Market which returned 21.3% over the past year.
|RMO Average Weekly Movement||11.7%|
|Electrical Industry Average Movement||8.8%|
|Market Average Movement||6.0%|
|10% most volatile stocks in US Market||15.0%|
|10% least volatile stocks in US Market||2.3%|
Stable Share Price: RMO is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: RMO's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of US stocks.
About the Company
Romeo Power, Inc., an energy storage technology company, designs and manufactures lithium-ion battery modules and packs for commercial electric vehicles in North America. The company operates through two segments, Romeo Power North America and Joint Venture Support. The Romeo Power North America segment designs and manufactures battery modules, battery packs, and battery management system technologies in North America.
Romeo Power Fundamentals Summary
|RMO fundamental statistics|
Is RMO overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|RMO income statement (TTM)|
|Cost of Revenue||US$31.36m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.47|
|Net Profit Margin||505.38%|
How did RMO perform over the long term?See historical performance and comparison
Is Romeo Power undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate RMO's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate RMO's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: RMO is good value based on its PE Ratio (8.7x) compared to the US Electrical industry average (23.7x).
PE vs Market: RMO is good value based on its PE Ratio (8.7x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: RMO's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: RMO is good value based on its PB Ratio (1.7x) compared to the US Electrical industry average (3.3x).
How is Romeo Power forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: RMO's earnings are forecast to decline over the next 3 years (-33% per year).
Earnings vs Market: RMO's earnings are forecast to decline over the next 3 years (-33% per year).
High Growth Earnings: RMO's earnings are forecast to decline over the next 3 years.
Revenue vs Market: RMO's revenue (60.4% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: RMO's revenue (60.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: RMO is forecast to be unprofitable in 3 years.
How has Romeo Power performed over the past 5 years?
Last years revenue growth
Earnings and Revenue History
Quality Earnings: RMO has a high level of non-cash earnings.
Growing Profit Margin: RMO became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if RMO's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: RMO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: RMO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electrical industry (56.7%).
Return on Equity
High ROE: RMO's Return on Equity (20%) is considered low.
How is Romeo Power's financial position?
Financial Position Analysis
Short Term Liabilities: RMO's short term assets ($221.8M) exceed its short term liabilities ($28.6M).
Long Term Liabilities: RMO's short term assets ($221.8M) exceed its long term liabilities ($8.3M).
Debt to Equity History and Analysis
Debt Level: RMO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if RMO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: RMO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if RMO's interest payments on its debt are well covered by EBIT.
What is Romeo Power current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate RMO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate RMO'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 RMO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if RMO'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 RMO'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
Susan Brennan (58 yo)
Ms. Susan Seilheimer Brennan has been Non-Executive Director of Senior plc since January 1, 2016. She served as the Executive Vice President and Chief Operating Officer of Bloom Energy Corporation since No...
Experienced Management: RMO's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: RMO's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.
Romeo Power, Inc.'s employee growth, exchange listings and data sources
- Name: Romeo Power, Inc.
- Ticker: RMO
- Exchange: NYSE
- Founded: 2014
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: US$541.917m
- Shares outstanding: 134.14m
- Website: https://romeopower.com
Number of Employees
- Romeo Power, Inc.
- 4380 Ayers Avenue
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/28 23:22|
|End of Day Share Price||2021/11/26 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.