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Ideanomics Inc IDEX

Morningstar Rating
€18.00 +0.56 (3.21%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

IDEX is trading at a 285% premium.
Price
MXN 17.90
Fair Value
MXN 46.92
Uncertainty
Extreme
1-Star Price
MXN 562.69
5-Star Price
MXN 3.96
Economic Moat
Vlgs
Capital Allocation
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Trading Information

Previous Close Price
€17.44
Day Range
€18.0018.00
52-Week Range
€18.00227.50
Bid/Ask
€16.42 / €18.00
Market Cap
€215.50 Mil
Volume/Avg
5,250 / 3,958

Key Statistics

Price/Earnings (Normalized)
0.17
Price/Sales
0.28
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Ideanomics Inc is an American multinational company engaged in accelerating the commercial adoption of electric vehicles. The company conducts its operations in one segment with three business units; Ideanomics Mobility’s focus is electric vehicles, including mid and last-mile delivery trucks and vans, tractors, and two-wheelers. There are five operating companies within the Ideanomics Mobility business unit: VIA, Energica, Solectrac, United States Hybrid, and Tree Technologies, Ideanomics Energy’s focus is charging and energy-related products and services, and Ideanomics Capital’s focus is providing financing support for the Company’s Mobility and Energy business units. Geographically, the company operates in North America, Asia, and Europe.
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Stock Style Box
Small Value
Total Number of Employees
565

Comparables

Valuation

Metric
IDEX
HPUR
FSRN
Price/Earnings (Normalized)
0.17
Price/Book Value
0.741.22
Price/Sales
0.281.600.06
Price/Cash Flow
Price/Earnings
IDEX
HPUR
FSRN

Financial Strength

Metric
IDEX
HPUR
FSRN
Quick Ratio
0.062.140.45
Current Ratio
0.422.901.02
Interest Coverage
−81.78−4.32−50.39
Quick Ratio
IDEX
HPUR
FSRN

Profitability

Metric
IDEX
HPUR
FSRN
Return on Assets (Normalized)
50.75%−17.24%−26.99%
Return on Equity (Normalized)
120.99%−33.90%−154.45%
Return on Invested Capital (Normalized)
89.31%−18.50%−39.70%
Return on Assets
IDEX
HPUR
FSRN
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