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Mullen Automotive Inc MULN

Morningstar Rating
$3.16 −0.01 (0.32%)
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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

MULN is trading within a range we consider fairly valued.
Price
$2.56
Fair Value
$8.79
Uncertainty
Extreme
1-Star Price
$984.33
5-Star Price
$5.99
Economic Moat
Vntr
Capital Allocation
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News

Trading Information

Previous Close Price
$3.17
Day Range
$3.083.55
52-Week Range
$2.362,250.00
Bid/Ask
$3.16 / $3.20
Market Cap
$20.71 Mil
Volume/Avg
1.2 Mil / 921,918

Key Statistics

Price/Earnings (Normalized)
Price/Sales
0.53
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
27.10%

Company Profile

Mullen Automotive Inc is engaged in manufacturing electric vehicles and energy solutions. The company strives to make electric vehicles more accessible by building an end-to-end ecosystem that takes care of all aspects of electric vehicle ownership. The Company owns and partners with several synergistic businesses, all working towards the same goal of creating clean and scalable electric vehicles and energy solutions. The company has two segments Bollinger and Mullen/ELMS, which generates revenue.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Small Value
Total Number of Employees
326

Valuation

Metric
MULN
Price/Earnings (Normalized)
Price/Book Value
0.09
Price/Sales
0.53
Price/Cash Flow
Price/Earnings
No chart available

Financial Strength

Metric
MULN
Quick Ratio
0.85
Current Ratio
1.49
Interest Coverage
−300.87
Quick Ratio
MULN

Profitability

Metric
MULN
Return on Assets (Normalized)
18.41%
Return on Equity (Normalized)
52.52%
Return on Invested Capital (Normalized)
31.09%
Return on Assets
MULN
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