Kandi Technologies Group designs, develops, manufactures, and commercializes electric vehicles (EVs), EV parts, and off-road vehicles in China and internationally. The company was founded in 2004 and is based in Jinhua, China.
KNDI Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for KNDI, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Kandi Technologies Group Inc ranked in the 84th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 802.83% on a DCF basis. The most interesting components of our discounted cash flow analysis for Kandi Technologies Group Inc ended up being:
The business' balance sheet suggests that 6% of the company's capital is sourced from debt; this is greater than just 17.63% of the free cash flow producing stocks we're observing.
As a business, Kandi Technologies Group Inc experienced a tax rate of about 54% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than 91.06% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
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Kandi Technologies (KNDI) has seen shares cool off since a wild intraday spike over $17 per share, and the electric vehicle maker still has a lot to prove, being one of the smaller EV producers in a large U.S./China market. Kandi is moving forward with plans to sell its vehicles...
Kandi Technologies ([[KNDI]] +0.7%) forms a wholly-owned subsidiary China Battery Exchange Technology Co. to capitalise on its patents in the field of battery swap systems.The new subsidiary is also to attract investors in the sector value chain, including used battery recycling.Kandi expects to start delivering EVs in the U.S. during Q4Previously:...