JOBYJOBY
US • —
$9.05
P/E
—
PEG
—
FCF Yield
—
Rev Growth YoY
+69860.4% YoY
Gross Margin
38.4%
Health Score
3/10
D/E Ratio
—
Confidence
LOW
Business Snapshot
Joby Aviation is an aerospace company developing electric vertical takeoff and landing (eVTOL) aircraft for air taxi services, positioning itself as a first-mover in the urban air mobility market. The company operates in the highly regulated aerospace industry, where it competes as a challenger to traditional aviation and ground transportation models, with a regulatory moat tied to FAA certification. Joby is a development-stage company with no significant revenue from commercial operations yet. Its defining characteristic is its capital-intensive path to commercialisation, requiring substantial investment before generating returns.
Financial Health
The company posts a gross margin of 38.4% with no prior year comparison available, but this is overshadowed by a significantly negative net margin flagged as potentially distorted due to a data error. Joby maintains a debt/equity ratio of 0.0x, indicating no long-term debt, and a current ratio of 24.09x, suggesting ample short-term liquidity...
Risk Assessment
- VALUATION — Price/Sales ratio of 112.99x is extreme for any company and reflects speculative market pricing with no earnings to validate it.
- EARNINGS QUALITY — The company has beaten earnings estimates in only 2 of the last 4 quarters, indicating average forecast reliability.
- TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed.
- FCF / CASH BURN — Free cash flow is negative, and FCF yield cannot be calculated, confirming the company is burning cash with no self-funding capability.
- DATA INTEGRITY — Revenue growth YoY of 69,860.4% is flagged as outside plausible range, and net margin is flagged as a data error, undermining the reliability of core financial metrics....
The company posts a gross margin of 38.4% with no prior year comparison available, but this is overshadowed by a significantly negative net margin flagged as potentially distorted due to a data error. Joby maintains a debt/equity ratio of 0.0x, indicating no long-term debt, and a current ratio of 24.09x, suggesting ample short-term liquidity. However, free cash flow is negative, and the FCF yield cannot be calculated, confirming the company is burning cash to fund operations and development. Return on equity of -74.2% reflects deep net income losses relative to shareholder equity. Overall, the financial health is weak, characteristic of a pre-revenue development-stage company dependent on external capital to sustain operations.
- VALUATION — Price/Sales ratio of 112.99x is extreme for any company and reflects speculative market pricing with no earnings to validate it. - EARNINGS QUALITY — The company has beaten earnings estimates in only 2 of the last 4 quarters, indicating average forecast reliability. - TECHNICALS — RSI, MACD, and moving average data unavailable for this period; momentum cannot be independently confirmed. - FCF / CASH BURN — Free cash flow is negative, and FCF yield cannot be calculated, confirming the company is burning cash with no self-funding capability. - DATA INTEGRITY — Revenue growth YoY of 69,860.4% is flagged as outside plausible range, and net margin is flagged as a data error, undermining the reliability of core financial metrics.
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