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:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Kandi Technologies Group Inc. To summarize, we found that Kandi Technologies Group Inc ranked in the 84th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 802.83%. As for the metrics that stood out in our discounted cash flow analysis of Kandi Technologies Group Inc, consider:
The business' balance sheet reveals debt to be 6% of the company's capital (with equity being the remaining amount). Approximately only 17.63% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
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:...