As of 2024-12-12, the Fair Value of Nikola Corporation (NKLA) is -52.14 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 1.59 USD, the upside of Nikola Corporation is -3,379.34%.
Note: valuation result may not be accurate due to the company's negative EPS.
Peter Lynch's formula is:
The earnings growth rate we use in the formula is the average growth rate of net income/earnings over the last 5 years. If the average growth rate is smaller than 5%, we set it to 5%. If it is larger than 25%, we set it to 25%. If the TTM EPS is negative, Peter Lynch Fair Value's result can be unreliable.
| Historical Earnings | ||||||
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 5Y Avg | |
| Net income | 2.73 | -370.87 | -690.44 | -784.24 | -966.28 | -561.82 |
| YoY growth | 42.93% | -13,684.98% | -86.17% | -13.59% | -23.21% | -2,753.00% |
| Market Cap (mil) | 96.78 |
| P/E | |
| Forward P/E |
| EPS | -10.43 |
| Avg earnings growth rate | -2,753.00% |
| TTM earnings | -634.77 |