Financial Analysis: Fisker (FSRN) versus The Competition

Fisker (NYSE:FSRN) is one of 67 publicly-traded companies in the “Motor vehicles & car bodies” industry, but how does it weigh in compared to its peers? We will compare Fisker to similar businesses based on the strength of its risk, dividends, profitability, valuation, earnings, institutional ownership and analyst recommendations.

Earnings and Valuation

This table compares Fisker and its peers revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Fisker	$272.89 million	-$761.99 million	-0.02
Fisker Competitors	$882.05 billion	$2.54 billion	-8.40

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.

Insider & Institutional Ownership

33.6% of Fisker shares are held by institutional investors. Comparatively, 44.0% of shares of all “Motor vehicles & car bodies” companies are held by institutional investors. 26.3% of Fisker shares are held by insiders. Comparatively, 13.1% of shares of all “Motor vehicles & car bodies” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

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%	-110.93%	-23.14%
Fisker Competitors	-154.79%	-25.69%	-9.63%

Volatility & Risk

Fisker has a beta of 0.6, suggesting that its stock price is 40% less volatile than the S&P 500. Comparatively, Fisker’s peers have a beta of 3.77, suggesting that their average stock price is 277% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current recommendations for Fisker and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Fisker	0	0	0	0	N/A
Fisker Competitors	961	2462	3344	139	2.39

As a group, “Motor vehicles & car bodies” companies have a potential upside of 11.57%. Given Fisker’s peers higher probable upside, analysts clearly believe Fisker has less favorable growth aspects than its peers.

Summary

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

About Fisker

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.