Company Valuation: Xos, Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027
Market Cap 1 513.2 74.42 47.32 26.02 20.51 47.77 -
Change - -85.5% -36.42% -45.02% -21.14% 132.86% -
Enterprise Value (EV) 513.2 31.82 55.6 26.02 20.51 47.77 47.77
Change - -93.8% 74.73% -53.21% -21.14% 132.86% 0%
P/E 14.3x -1.01x -0.61x -0.48x -0.67x -1.69x -1.74x
PBR - - - 0.78x 0.89x 0.92x 1.41x
PEG - 0x 0.89x 0x 0x 0.1x 0.58x
Capitalization / Revenue 102x 2.05x 1.06x 0.46x 0.45x 1.21x 0.88x
EV / Revenue 0x 0x 0x 0x 0x 1.21x 0.88x
EV / EBITDA -0x -0x -0x -0x -0x -3.21x -3.07x
EV / EBIT -0x -0x -0x -0x -0x -1.92x -1.93x
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Dividend per Share 2 - - - - - - -
Rate of return - - - - - - -
EPS 2 6.6 -13.2 -13.11 -6.69 -2.71 -1.99 -1.93
Distribution rate - - - - - - -
Net sales 1 5.048 36.38 44.52 55.96 45.99 39.52 54.26
EBITDA 1 -65.25 -109.3 -61.65 -37.85 -23.49 -14.87 -15.58
EBIT 1 -53.16 -111.3 -64.96 -45.87 -33.08 -24.94 -24.76
Net income 1 23.4 -73.32 -75.84 -50.16 -25.32 -24.7 -25.21
Net Debt - -42.6 8.28 - - - -
Reference price 2 94.500 13.287 7.980 3.240 1.810 3.360 3.360
Nbr of stocks (in thousands) 5,430 5,601 5,929 8,029 11,334 14,218 -
Announcement Date 3/28/22 3/29/23 3/21/24 3/28/25 3/26/26 - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-1.69x - - - 47.77M
10.05x1.25x11.35x3.28% 231B
8.08x0.38x3.06x0.83% 75.7B
9.58x1.28x14.36x2.81% 66.96B
17.39x0.31x3.98x4.34% 55.35B
8.77x0.11x1.12x6.64% 50.39B
24.69x1.37x7.65x2.29% 48.58B
4.32x0.01x0.07x6.9% 45.32B
9.33x-0.06x-0.47x3.95% 43.53B
11.58x0.63x8.15x4.17% 41.43B
Average 10.21x 0.59x 5.48x 3.91% 65.8B
Weighted average by Cap. 11.03x 0.78x 7.27x 3.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA