Critical Analysis: Fisker (FSRN) vs. Its Peers

Fisker (NYSE:FSRN) is one of 68 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it contrast to its peers? We will compare Fisker to related companies based on the strength of its valuation, profitability, analyst recommendations, earnings, dividends, risk and institutional ownership.

Valuation & Earnings

This table compares Fisker and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fisker	$272.89 million	-$939.95 million	-0.02
Fisker Competitors	$849.10 billion	$2.43 billion	-6.55

Fisker’s peers have higher revenue and earnings than Fisker. Fisker is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Fisker and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Fisker	-278.72%	-161.43%	-23.26%
Fisker Competitors	-150.59%	-25.89%	-9.13%

Volatility and Risk

Fisker has a beta of 0.6, indicating that its stock price is 40% less volatile than the S&P 500. Comparatively, Fisker’s peers have a beta of 3.54, indicating that their average stock price is 254% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for Fisker and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fisker	0	0	0	0	N/A
Fisker Competitors	961	2495	3378	151	2.39

As a group, “Motor vehicles & car bodies” companies have a potential upside of 10.17%. Given Fisker’s peers higher probable upside, analysts plainly believe Fisker has less favorable growth aspects than its peers.

Institutional and Insider Ownership

33.6% of Fisker shares are held by institutional investors. Comparatively, 47.6% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 26.3% of Fisker shares are held by insiders. Comparatively, 13.2% of shares of all “Motor vehicles & car bodies” companies are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Fisker peers beat Fisker on 8 of the 10 factors compared.

Fisker Company Profile

Fisker Inc. develops, manufactures, markets, leases, or sells electric vehicles. It operates through three segments: The White Space, The Value Segment, and The Conservative Premium segments. The company is also involved in asset-light automotive business. In addition, it offers fisker flexible platform agnostic design, a process that develops and designs electric vehicles in specific segment size. The company was incorporated in 2016 and is headquartered in Manhattan Beach, California.