Tesla (TSLA) Stock Analysis
Here is a fundamental analysis of Tesla (TSLA), benchmarking its profitability, financial strength, dividend and valuation against its industry group peers.
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| 1-Year Return | 27.36% | 18.96% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| 1-Year Volatility | 44.52% | 45.17% |
| Beta | 1.81 | 1.24 |
Company Profile
| Profile Item | TSLA |
|---|---|
| Name | Tesla, Inc. |
| Country/Region | United States |
| GICS Sector | Consumer Discretionary |
| GICS Industry Group | Automobiles & Components |
| GICS Industry | Automobiles |
| GICS Sub-Industry | Automobile Manufacturers |
| Market Capitalization | 1,526.44 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | June 29, 2010 |
| Security Type | Common Stock |
Valuation
Price-to-Earnings Ratio (TTM)
Tesla (TSLA) trades at P/E ratio of 369.48, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.
TSLA
Automobiles & Components industry group
369.48
Group distribution
- TSLA
- 369.48
- Max
- 49.81
- Q3
- 34.42
- Median
- 20.26
- Q1
- 13.70
- Min
- 6.98
Largest peers
- TSLA
- 369.48
- RACE
- 34.26
- GM
- 29.74
- TM
- 9.51
- F
- --
- HMC
- --
- RIVN
- --
Price-to-Sales Ratio (TTM)
Tesla (TSLA) trades at 15.60 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.
TSLA
Automobiles & Components industry group
15.60
Group distribution
- TSLA
- 15.60
- Max
- 2.80
- Q3
- 1.54
- Median
- 0.58
- Q1
- 0.31
- Min
- 0.00
Largest peers
- TSLA
- 15.60
- RACE
- 8.67
- RIVN
- 4.07
- GM
- 0.40
- F
- 0.31
- TM
- 0.00
- HMC
- 0.00
Price-to-Book Ratio (MRQ)
Tesla (TSLA) trades at 18.56 on P/B ratio, above the industry benchmark range. Investors are putting an unusually rich price on each dollar of book equity relative to peers.
TSLA
Automobiles & Components industry group
18.56
Group distribution
- TSLA
- 18.56
- Max
- 4.80
- Q3
- 2.41
- Median
- 1.43
- Q1
- 0.67
- Min
- -1.76
Largest peers
- TSLA
- 18.56
- TM
- 14.66
- RACE
- 13.42
- RIVN
- 4.80
- F
- 1.58
- GM
- 1.17
- HMC
- 0.47
Valuation at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 369.48 | 20.26 |
| Price-to-Sales Ratio (TTM) | 15.60 | 0.58 |
| Price-to-Book Ratio (MRQ) | 18.56 | 1.43 |
| Free Cash Flow Yield | 0.34% | 4.21% |
Profitability
Return on Equity (TTM)
Tesla (TSLA) posts ROE of 4.90%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.
TSLA
Automobiles & Components industry group
4.90%
Group distribution
- Max
- 41.97%
- Q3
- 11.32%
- Median
- 5.13%
- TSLA
- 4.90%
- Q1
- -14.13%
- Min
- -49.98%
Largest peers
- RACE
- 41.97%
- TM
- 10.23%
- TSLA
- 4.90%
- GM
- 4.02%
- HMC
- -2.85%
- F
- -14.81%
- RIVN
- -65.69%
Net Profit Margin (TTM)
Tesla (TSLA) keeps 3.95% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.
TSLA
Automobiles & Components industry group
3.95%
Group distribution
- Max
- 15.12%
- Q3
- 4.34%
- TSLA
- 3.95%
- Median
- 1.53%
- Q1
- -3.18%
- Min
- -13.87%
Largest peers
- RACE
- 22.19%
- TM
- 7.59%
- TSLA
- 3.95%
- GM
- 1.38%
- HMC
- -1.95%
- F
- -3.22%
- RIVN
- -63.62%
Operating Profit Margin (TTM)
Tesla (TSLA) turns 4.20% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.
TSLA
Automobiles & Components industry group
4.20%
Group distribution
- Max
- 18.83%
- Q3
- 8.71%
- TSLA
- 4.20%
- Median
- 3.75%
- Q1
- -1.25%
- Min
- -14.77%
Largest peers
- RACE
- 29.48%
- GM
- 9.36%
- F
- 5.74%
- TM
- 4.57%
- TSLA
- 4.20%
- HMC
- -17.28%
- RIVN
- -63.79%
Profitability at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| Return on Equity (TTM) | 4.90% | 5.13% |
| Return on Assets (TTM) | 2.23% | 2.25% |
| Net Profit Margin (TTM) | 3.95% | 1.53% |
| Operating Profit Margin (TTM) | 4.20% | 3.75% |
| Gross Profit Margin (TTM) | 19.07% | 17.66% |
Financial Strength
Current Ratio (MRQ)
Tesla (TSLA) has current ratio of 2.04, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
TSLA
Automobiles & Components industry group
2.04
Group distribution
- Max
- 4.97
- Q3
- 2.69
- TSLA
- 2.04
- Median
- 1.85
- Q1
- 1.14
- Min
- 0.38
Largest peers
- RACE
- 2.57
- RIVN
- 2.10
- TSLA
- 2.04
- HMC
- 1.28
- TM
- 1.27
- GM
- 1.15
- F
- 1.09
Debt-to-Equity Ratio (MRQ)
Tesla (TSLA) has debt-to-equity ratio of 0.19, in the lower-leverage quartile for its industry. Borrowing is modest relative to equity compared with most peers, which can leave more flexibility through a cycle.
TSLA
Automobiles & Components industry group
0.19
Group distribution
- Max
- 2.53
- Q3
- 1.19
- Median
- 0.72
- Q1
- 0.26
- TSLA
- 0.19
- Min
- 0.00
Largest peers
- F
- 4.26
- GM
- 1.99
- RIVN
- 1.18
- HMC
- 1.14
- TM
- 1.07
- RACE
- 0.72
- TSLA
- 0.19
Financial Strength at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 2.04 | 1.85 |
| Debt-to-Equity Ratio (MRQ) | 0.19 | 0.72 |
| Net Debt / EBITDA | -2.60 | 1.92 |
Dividends
Dividend Yield (TTM)
Tesla (TSLA) pays no dividend, leaving dividend yield at 0.00% this period. Shareholders may still receive value through reinvestment or buybacks, but there is no dividend income to compare here.
TSLA
Automobiles & Components industry group
0.00%
Group distribution
- Max
- 5.04%
- Q3
- 2.06%
- TSLA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- HMC
- 5.04%
- F
- 4.04%
- TM
- 3.58%
- RACE
- 1.19%
- GM
- 0.88%
- TSLA
- 0.00%
- RIVN
- 0.00%
Dividend Payout Ratio (TTM)
Tesla (TSLA) paid no earnings out as dividends this period, leaving payout ratio at 0.00%. There is no dividend payout to size against earnings.
TSLA
Automobiles & Components industry group
0.00%
Group distribution
- Max
- 84.24%
- Q3
- 33.71%
- TSLA
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- F
- 64.10%
- HMC
- 55.35%
- RACE
- 33.21%
- TM
- 31.40%
- GM
- 22.99%
- TSLA
- 0.00%
- RIVN
- 0.00%
Dividends at a Glance
| Metric | Current stock: TSLA | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |