Joby Aviation, Inc. Fundamental Analysis (NYSE: JOBY-WT)
Joby Aviation, Inc. (NYSE: JOBY-WT) shows moderate financial fundamentals with a PE ratio of -7.02, profit margin of -4.63%, and ROE of -40.04%. The company generates $0.3B in annual revenue with strong year-over-year growth of 391.83%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of -342.7/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze JOBY-WT's fundamental strength across five key dimensions:
Efficiency Score
WeakJOBY-WT struggles to generate sufficient returns from assets.
Valuation Score
ExcellentJOBY-WT trades at attractive valuation levels.
Growth Score
ModerateJOBY-WT shows steady but slowing expansion.
Financial Health Score
ExcellentJOBY-WT maintains a strong and stable balance sheet.
Profitability Score
WeakJOBY-WT struggles to sustain strong margins.
Key Financial Metrics
Is JOBY-WT Expensive or Cheap?
P/E Ratio
JOBY-WT trades at -7.02 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, JOBY-WT's PEG of -0.11 indicates potential undervaluation.
Price to Book
The market values Joby Aviation, Inc. at 2.87 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at -7.77 times EBITDA. This is generally considered low.
How Well Does JOBY-WT Make Money?
Net Profit Margin
For every $100 in sales, Joby Aviation, Inc. keeps $-4.63 as profit after all expenses.
Operating Margin
Core operations generate -6.58 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $-40.04 in profit for every $100 of shareholder equity.
ROA
Joby Aviation, Inc. generates $-25.63 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Joby Aviation, Inc. generates limited operating cash flow of $-1.42B, signaling weaker underlying cash strength.
Free Cash Flow
Joby Aviation, Inc. generates weak or negative free cash flow of $-1.75B, restricting financial flexibility.
FCF Per Share
Each share generates $-0.80 in free cash annually.
FCF Yield
JOBY-WT converts -15.12% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
-7.02
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.11
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.87
vs 25 benchmark
P/S Ratio
Price to sales ratio
35.01
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
0.43
vs 25 benchmark
Current Ratio
Current assets to current liabilities
18.29
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
-0.40
vs 25 benchmark
ROA
Return on assets percentage
-0.26
vs 25 benchmark
ROCE
Return on capital employed
-0.38
vs 25 benchmark
How JOBY-WT Stacks Against Its Sector Peers
| Metric | JOBY-WT Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | -7.02 | 26.96 | Better (Cheaper) |
| ROE | -40.04% | 1194.00% | Weak |
| Net Margin | -462.84% | 30.00% | Weak |
| Debt/Equity | 0.43 | 0.85 | Strong (Low Leverage) |
| Current Ratio | 18.29 | 21.98 | Strong Liquidity |
| ROA | -25.63% | -1345466.00% (disorted) | Weak |
JOBY-WT outperforms its industry in 3 out of 6 key metrics, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Joby Aviation, Inc.'s 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
0.00%
Industry Style: Cyclical, Value, Infrastructure
DecliningEPS CAGR
-495.29%
Industry Style: Cyclical, Value, Infrastructure
DecliningFCF CAGR
-251.91%
Industry Style: Cyclical, Value, Infrastructure
Declining