Financials Joby Aviation, Inc.

Equities

JOBY

KYG651631007

Aerospace & Defense

Real-time Estimate Cboe BZX 01:26:00 30/04/2024 am IST 5-day change 1st Jan Change
5.185 USD -3.08% Intraday chart for Joby Aviation, Inc. +9.68% -22.48%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 997 4,408 2,083 4,631 3,781 - -
Enterprise Value (EV) 1 997 3,112 1,026 3,598 2,571 2,974 3,063
P/E ratio -231 x - -7.61 x -8.42 x -7.04 x -6.49 x -6.58 x
Yield - - - - - - -
Capitalization / Revenue - - - 4,487 x 1,564 x 71.7 x 26.9 x
EV / Revenue - - - 3,487 x 1,064 x 56.4 x 21.8 x
EV / EBITDA - -12.8 x -3.43 x -10.3 x -6.4 x -8.6 x -12.1 x
EV / FCF - - -3.53 x -10.4 x -5.64 x -6.63 x -6.42 x
FCF Yield - - -28.3% -9.57% -17.7% -15.1% -15.6%
Price to Book - 3.35 x 1.79 x 4.49 x 4.15 x 4.48 x 5.35 x
Nbr of stocks (in thousands) 86,250 6,03,894 6,21,731 6,96,319 7,06,662 - -
Reference price 2 11.56 7.300 3.350 6.650 5.350 5.350 5.350
Announcement Date 02/04/21 24/03/22 22/02/23 21/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 - - - 1.032 2.417 52.75 140.7
EBITDA 1 - -243.1 -299.1 -348 -401.7 -345.7 -253.7
EBIT 1 - -259.1 -392.2 -472.1 -493.3 -435.8 -420
Operating Margin - - - -45,745.54% -20,414% -826.1% -298.51%
Earnings before Tax (EBT) 1 - - -258 -512.9 -497.7 -547.8 -559.1
Net income 1 -0.9332 - -258 -513 -517.9 -575 -588.4
Net margin - - - -49,714.15% -21,431.41% -1,090.04% -418.21%
EPS 2 -0.0500 - -0.4400 -0.7900 -0.7601 -0.8246 -0.8133
Free Cash Flow 1 - - -290.8 -344.4 -456.1 -448.3 -477
FCF margin - - - -33,374.81% -18,873.08% -849.82% -339.08%
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 - - - - - - -
Announcement Date 02/04/21 24/03/22 22/02/23 21/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - - - - - - - 1.032 - 0.25 0.25 1 5.2
EBITDA 1 -69.7 -74.09 -77.73 -77.62 -75.39 -83.29 -93.07 -96.21 -94.25 -98.6 -101.7 -101.4 -97.15
EBIT 1 -94.34 -99.38 -97.12 -101.4 -99.72 -116 -128.2 -128.2 -115.9 -120.4 -123.8 -124.2 -138.1
Operating Margin - - - - - - - -12,426.55% - -48,180% -49,500% -12,415% -2,655.77%
Earnings before Tax (EBT) 1 -62.31 -49.55 -79.2 -66.89 -113.4 -286 1.553 -115.1 -109.4 -114 -117.3 -132.2 -155.3
Net income 1 -62.32 -49.57 -79.21 -66.94 -113.4 -286.1 1.525 -115.1 -121.4 -126 -129.8 -145.2 -155.3
Net margin - - - - - - - -11,153.39% - -50,400% -51,920% -14,520% -2,986.54%
EPS 2 -0.1100 -0.0900 -0.1400 -0.1100 -0.1900 -0.4500 - -0.1700 -0.1800 -0.1900 -0.1950 -0.2150 -0.2300
Dividend per Share - - - - - - - - - - - - -
Announcement Date 12/05/22 11/08/22 02/11/22 22/02/23 05/05/23 02/08/23 01/11/23 21/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 - 1,296 1,057 1,032 1,210 807 718
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 - - -291 -344 -456 -448 -477
ROE (net income / shareholders' equity) - -34.9% -20.8% -46.7% -54% -77.8% -91.2%
ROA (Net income/ Total Assets) - - -18.6% -40% -47.6% -67.8% -66.6%
Assets 1 - - 1,391 1,281 1,089 847.7 883.2
Book Value Per Share 2 - 2.180 1.870 1.480 1.290 1.200 1.000
Cash Flow per Share 2 - - -0.4000 -0.4800 -0.5600 -0.5300 -0.3300
Capex 1 - - 54.9 30.6 61.3 88.9 197
Capex / Sales - - - 2,964.83% 2,537.93% 168.59% 139.67%
Announcement Date 02/04/21 24/03/22 22/02/23 21/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
7
Last Close Price
5.35 USD
Average target price
7.667 USD
Spread / Average Target
+43.30%
Consensus
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