Fisker (FSRN) & Its Competitors Critical Review

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

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	-150.56%	-24.46%	-9.06%

Risk and Volatility

Fisker has a beta of 0.6, suggesting that its share price is 40% less volatile than the S&P 500. Comparatively, Fisker’s peers have a beta of 3.72, suggesting that their average share price is 272% more volatile than the S&P 500.

Institutional and Insider Ownership

33.6% of Fisker shares are owned by institutional investors. Comparatively, 47.1% of shares of all “Motor vehicles & car bodies” companies are owned by institutional investors. 26.3% of Fisker shares are owned by insiders. Comparatively, 13.6% of shares of all “Motor vehicles & car bodies” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Ratings

This is a breakdown of current ratings and target prices 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	960	2487	3370	151	2.39

As a group, “Motor vehicles & car bodies” companies have a potential upside of 10.24%. Given Fisker’s peers higher possible upside, analysts plainly believe Fisker has less favorable growth aspects than its peers.

Earnings & Valuation

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

	Gross Revenue	Net Income	Price/Earnings Ratio
Fisker	$272.89 million	-$761.99 million	-0.02
Fisker Competitors	$417.08 billion	$2.55 billion	19.41

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

Summary

Fisker peers beat Fisker on 9 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.