6 years of historical data (2019–2024) · Consumer Cyclical · Auto - Manufacturers
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Polestar Automotive Holding UK PLC currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Market Cap | $42.0B | $2.2B | $4.8B | $11.2B | $24.7B | — | — |
| Enterprise Value | $46.3B | $6.5B | $7.6B | $11.7B | $24.8B | — | — |
| P/E Ratio → | -20.52 | — | — | — | — | — | — |
| P/S Ratio | 20.64 | 1.09 | 2.00 | 4.59 | 18.42 | — | — |
| P/B Ratio | — | — | — | — | 202.04 | — | — |
| P/FCF | — | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.19 | 3.18 | 4.79 | 18.47 | — | — |
| EV / EBITDA | — | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Polestar Automotive Holding UK PLC earns an operating margin of -89.1%, below the Consumer Cyclical sector average of 2.9%. Operating margins have compressed from -37.4% to -89.1% over the past 3 years, signaling potential cost pressures or competitive headwinds.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Gross Margin | -43.1% | -43.1% | -17.4% | 4.9% | 0.8% | 9.3% | 56.9% |
| Operating Margin | -89.1% | -89.1% | -62.2% | -37.4% | -71.5% | -72.2% | -207.7% |
| Net Profit Margin | -100.8% | -100.8% | -50.2% | -19.6% | -75.0% | -79.5% | -214.2% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | -286.5% | -82.7% | -33.5% |
| ROA | -50.1% | -50.1% | -29.6% | -13.2% | -34.4% | -23.7% | -12.8% |
| ROIC | -109.3% | -109.3% | -118.2% | -261.1% | -161.5% | -41.2% | -16.0% |
| ROCE | — | — | -218.2% | -178.4% | -202.4% | -68.4% | -31.6% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $4.3B ($5.0B total debt minus $739M cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | 6.74 | 0.75 | 0.92 |
| Debt / EBITDA | — | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | 0.56 | 0.21 | 0.52 |
| Net Debt / EBITDA | — | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — |
| Interest Coverage | -5.41 | -5.41 | -7.17 | -11.80 | -21.25 | -16.62 | -9.06 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.48x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.68x to 0.48x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Current Ratio | 0.48 | 0.48 | 0.65 | 0.68 | 0.53 | 0.63 | 0.56 |
| Quick Ratio | 0.26 | 0.26 | 0.38 | 0.48 | 0.35 | 0.40 | 0.54 |
| Cash Ratio | 0.16 | 0.16 | 0.22 | 0.31 | 0.25 | 0.17 | 0.25 |
| Asset Turnover | — | 0.50 | 0.58 | 0.62 | 0.41 | 0.24 | 0.06 |
| Inventory Turnover | 2.70 | 2.70 | 3.01 | 3.56 | 2.45 | 1.28 | 1.75 |
| Days Sales Outstanding | — | 75.17 | 72.78 | 47.67 | 67.05 | 213.60 | 179.28 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Polestar Automotive Holding UK PLC does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — |
| Shares Outstanding | — | $2.1B | $2.1B | $2.1B | $2.1B | $1.7B | $200M |
Compare PSNY with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $42B | -20.5 | — | — | -43.1% | -89.1% | — | -109.3% | — | |
| $18B | -4.6 | — | — | 2.7% | -66.5% | -65.4% | -36.7% | — | |
| $2B | -0.5 | — | — | -92.8% | -258.7% | -117.6% | -98.7% | — | |
| $1.5T | 381.3 | 146.4 | 248.4 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 | |
| $12B | -3.6 | — | — | 9.9% | -33.3% | -105.1% | -55.2% | — | |
| $35B | 15.9 | 20.3 | 29.3 | 20.5% | 4.4% | 12.2% | 209.3% | 1.7 | |
| $5B | -17.3 | — | — | 14.3% | -16.3% | -17.1% | -16.9% | — | |
| $7B | -1.0 | — | 4.6 | 16.4% | -8.5% | — | — | — | |
| $71B | 24.0 | 10.3 | 6.4 | 10.9% | 1.6% | 4.2% | 1.3% | 7.4 | |
| $48B | -5.9 | 22.5 | 3.8 | 12.2% | 1.4% | -20.2% | 1.0% | 19.7 | |
| $12B | 76.1 | 8.4 | 7.9 | 19.1% | 5.8% | 1.8% | 5.5% | 3.7 | |
| Consumer Cyclical Median | — | 19.4 | 11.4 | 15.3 | 36.8% | 2.9% | 5.7% | 5.8% | 4.4 |
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Includes 30+ ratios · 6 years · Updated daily
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Polestar Automotive Holding UK PLC's current P/E ratio is -20.5x. This places it at the 50th percentile of its historical range.
Based on historical data, Polestar Automotive Holding UK PLC is trading at a P/E of -20.5x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Polestar Automotive Holding UK PLC has -43.1% gross margin and -89.1% operating margin.