Tesla Motors, Inc. (NASDAQ:TSLA) runs in leading trade, it are decreasing -0.92% to traded at $222.93. TSLA attains analyst recommendation of 2.90 on scale of 1-5 with week’s performance of -1.18%.
TSLA has chosen South Korea as subsequently step to additional its international expansion plans, according to ZACK. The firm has declared a Korean website and started taking online orders for Model S, Model X and Model 3. It also established a limited firm, Tesla Korea Ltd., in Samseong-dong in Dec 2015, and appointed people for sales, technical support and marketing operations in the nation.
Tesla has started taking refundable deposits of 2 million won (about $1,771) for Model S pre-orders, 5 million won ($4,427.48) for Model X and 1 million won ($885.5) for Model 3. However, the full price of the vehicles for South Korea has not been revealed. Moreover, Korean consumers will have to wait to receive their Tesla vehicles. Reportedly, the firm is planning to start test drives of Model S in South Korea by the end of 2016 and launch Model X in 2017. As Model 3 deliveries are slated to start in the U.S. in late 2017, when the vehicle will be accessible in South Korea remains uncertain.
To find out the technical position of TSLA, it holds price to book ratio of 12.38 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 130.44. TSLA is presenting price to cash flow of 10.14. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -193.60%, and looking further price to next year’s EPS is 303.60%. While take a short look on price to sales ratio, that was 7.21.
Fibria Celulose S.A. (NYSE:FBR) kept active in under and overvalue discussion, FBR holds price to book ratio of 0.80 that presents much better indicator to find market price of a share price over its book value of equity for investment valuation. In addition, the firm has price to earnings ratio of 5.62, which is authentic method to judge but not universal for all situation.
Fundament/ News Factor in Focus
Taking look on ratio analysis, FBR has forward price to earnings ratio of 5.34, compare to its price to earnings ratio of 5.62. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower. The firm has price volatility of 2.38% for a week and 3.06% for a month. Its beta stands at 0.97 times. Narrow down four to firm performance, its weekly performance was -1.25% and monthly performance was -1.25%.