Velodyne Lidar, Inc.

NasdaqGS:VLDR Stock Report

Market Cap: US$300.2m

This company has been acquired

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

Velodyne Lidar Valuation

Is VLDR undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: VLDR ($1.26) is trading below our estimate of fair value ($1.77)

Significantly Below Fair Value: VLDR is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VLDR?

Key metric: As VLDR is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for VLDR. This is calculated by dividing VLDR's market cap by their current revenue.
What is VLDR's PS Ratio?
PS Ratio6.7x
SalesUS$44.87m
Market CapUS$300.24m

Price to Sales Ratio vs Peers

How does VLDR's PS Ratio compare to its peers?

The above table shows the PS ratio for VLDR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average13.2x
TROO TROOPS
47.8xn/aUS$170.7m
FARO FARO Technologies
1.4x2.1%US$509.1m
LASR nLIGHT
2.6x9.6%US$540.5m
INVE Identiv
0.9x-71.0%US$92.2m
VLDR Velodyne Lidar
6.7x39.0%US$300.2m

Price-To-Sales vs Peers: VLDR is expensive based on its Price-To-Sales Ratio (6.7x) compared to the peer average (3x).

Price to Sales Ratio vs Industry

How does VLDR's PS Ratio compare vs other companies in the US Electronic Industry?

33 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNX TD SYNNEX
0.2x5.3%US$10.29b
ARW Arrow Electronics
0.2x2.7%US$6.40b
INGM Ingram Micro Holding
0.1x3.6%US$5.20b
AVT Avnet
0.2x3.7%US$4.80b
VLDR 6.7xIndustry Avg. 2.1xNo. of Companies33PS0246810+
33 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: VLDR is expensive based on its Price-To-Sales Ratio (6.7x) compared to the US Electronic industry average (1.6x)

Price to Sales Ratio vs Fair Ratio

What is VLDR's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VLDR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio6.7x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: VLDR is expensive based on its Price-To-Sales Ratio (6.7x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

Analyst Price Targets

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

The above table shows the analyst VLDR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Currentn/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Nov ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Oct ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Sep ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Aug ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Jul ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Jun ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
May ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Apr ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Mar ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Feb ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Jan ’25n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Dec ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Nov ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Oct ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Sep ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Aug ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Jul ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Jun ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
May ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Apr ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Mar ’24n/a
US$1.72
0%
53.9%US$3.00US$0.85n/a3
Feb ’24US$1.21
US$1.72
+41.9%
53.9%US$3.00US$0.85n/a3
Jan ’24US$0.74
US$1.72
+132.4%
53.9%US$3.00US$0.85n/a3
Dec ’23US$1.07
US$1.85
+72.9%
47.8%US$3.00US$0.85n/a3
Nov ’23US$0.93
US$3.53
+278.7%
108.5%US$12.00US$1.00n/a6

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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