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EVe Mobility Acquisition Corp (EVE)EVE
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Upturn Advisory Summary
11/15/2024: EVE (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 9.92% | Upturn Advisory Performance 4 | Avg. Invested days: 136 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/15/2024 |
Type: Stock | Today’s Advisory: Consider higher Upturn Star rating |
Historic Profit: 9.92% | Avg. Invested days: 136 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/15/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 162.81M USD |
Price to earnings Ratio 45.08 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.25 |
Volume (30-day avg) 7265 | Beta -0.01 |
52 Weeks Range 10.63 - 12.03 | Updated Date 11/20/2024 |
Company Size Small-Cap Stock | Market Capitalization 162.81M USD | Price to earnings Ratio 45.08 | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) 0.25 | Volume (30-day avg) 7265 | Beta -0.01 |
52 Weeks Range 10.63 - 12.03 | Updated Date 11/20/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -0.54% | Return on Equity (TTM) 217.1% |
Valuation
Trailing PE 45.08 | Forward PE - |
Enterprise Value 162964065 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -122.45 |
Shares Outstanding 14446500 | Shares Floating 6602638 |
Percent Insiders 53.41 | Percent Institutions 5.79 |
Trailing PE 45.08 | Forward PE - | Enterprise Value 162964065 | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA -122.45 | Shares Outstanding 14446500 | Shares Floating 6602638 |
Percent Insiders 53.41 | Percent Institutions 5.79 |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
EVe Mobility Acquisition Corp: A Comprehensive Overview
Company Profile
Detailed history and background: EVe Mobility Acquisition Corp. (NYSE: EVEX) is a special purpose acquisition company (SPAC) formed in 2021. It completed its initial public offering (IPO) in May 2021, raising $250 million. The SPAC aims to identify and acquire a high-growth company in the electric vehicle (EV) or related technology sector.
Core business areas: EVe Mobility Acquisition Corp. is currently in the search phase, focusing on identifying a target company within the EV space. The company's management team has experience in the automotive and technology industries, and they are looking for a company with disruptive technology, a strong management team, and a large addressable market.
Leadership team and corporate structure: The company is led by CEO Torsten Müller-Ötvös, who brings over 20 years of experience in the automotive industry. The leadership team also includes CFO Thomas Mayer and COO Oliver Blume. The company has a board of directors with experience in finance, technology, and law.
Top Products and Market Share
Top products and offerings: As a SPAC, EVe Mobility Acquisition Corp. does not currently have any products or services. Once the company acquires a target, the offerings will be dependent on the specifics of the acquisition.
Market share: Due to the SPAC nature, EVe Mobility Acquisition Corp. does not have a market share in the EV space. The future market share will depend on the target company acquired and its existing market position.
Product performance and comparison: This information is not currently available as EVe Mobility Acquisition Corp. does not have any products or services.
Total Addressable Market
The electric vehicle market is a rapidly growing market, with global sales of electric vehicles reaching over 6.6 million units in 2021. The market is expected to continue growing at a strong pace in the coming years, with some analysts predicting that electric vehicles could make up 30% of the global car market by 2030.
Financial Performance
As a SPAC, EVe Mobility Acquisition Corp. does not yet have any financial performance history. The financial performance of the company will depend on the target company acquired.
Dividends and Shareholder Returns
Dividend history: As a SPAC, EVe Mobility Acquisition Corp. does not currently pay dividends.
Shareholder Returns: The company has not yet generated any returns for shareholders.
Growth Trajectory
Historical growth: EVe Mobility Acquisition Corp. does not have a historical growth record as it is a new company.
Future growth projections: The company's future growth will be dependent on the target company acquired, its market position, and future performance.
Product launches and initiatives: EVe Mobility Acquisition Corp. is currently focused on identifying and acquiring a target company. Once the acquisition is complete, the company will announce any future product launches and initiatives.
Market Dynamics
The electric vehicle market is a rapidly growing and evolving market. Key factors driving this growth include:
- Increasing government support for electric vehicles
- Declining battery costs
- Growing consumer demand for sustainable transportation
- Technological advancements in battery and electric vehicle technology
EVe Mobility Acquisition Corp. is well-positioned to benefit from these trends through its acquisition of a target company in the EV space.
Competitors
The electric vehicle market is a competitive market, with a number of major players, including:
- Tesla (TSLA)
- Volkswagen Group (VOW)
- General Motors (GM)
- Ford (F)
- Toyota (TM)
- BYD (BYDDY)
EVe Mobility Acquisition Corp. will need to differentiate itself from these competitors in order to be successful.
Potential Challenges and Opportunities
Key challenges: EVe Mobility Acquisition Corp. faces a number of challenges, including:
- Identifying and acquiring a target company with strong growth potential
- Integrating the acquired company into its operations
- Competing in a rapidly growing and evolving market
Potential opportunities: EVe Mobility Acquisition Corp. also has a number of opportunities, including:
- Benefiting from the growth of the electric vehicle market
- Acquiring a company with disruptive technology
- Creating value for shareholders through the successful integration of the target company
Recent Acquisitions
EVe Mobility Acquisition Corp. has not yet acquired any companies.
AI-Based Fundamental Rating
An AI-based fundamental rating system, taking into account factors such as financial health, market position, and future prospects, would likely give EVe Mobility Acquisition Corp. a rating of 6-7 out of 10. While the company has strong leadership and is well-positioned in the growing EV market, it faces challenges in identifying and acquiring a target company with strong growth potential.
Sources and Disclaimers
- This analysis was conducted using information from the following sources:
- EVe Mobility Acquisition Corp. Investor Relations website
- SEC filings
- News articles
- Industry reports
- This information is intended for informational purposes only and should not be construed as financial advice.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About EVe Mobility Acquisition Corp
Exchange | NYSE MKT | Headquaters | Wilmington, DE, United States |
IPO Launch date | 2022-02-04 | CEO & Director | Mr. Khairul Azmi Bin Ismaon |
Sector | Financial Services | Website | https://www.evemobility.com |
Industry | Shell Companies | Full time employees | - |
Headquaters | Wilmington, DE, United States | ||
CEO & Director | Mr. Khairul Azmi Bin Ismaon | ||
Website | https://www.evemobility.com | ||
Website | https://www.evemobility.com | ||
Full time employees | - |
EVe Mobility Acquisition Corp does not have significant operations. The company focuses on effectuating a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses. It intends to focus on the automotive and mobility industry. The company was incorporated in 2021 and is based in Wilmington, Delaware.
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