REE Automotive Ltd. operates as an automotive technology company in France, the United Kingdom, the United States, and internationally. The company offers REEcorner, a compact module that integrates critical vehicle drive components comprising as steering, braking, suspension, powertrain, and control between the chassis and the wheel; and REEplatform that allows for the addition of a modular and customizable top hat/cabin design based on customer specifications, without requiring modification to the platform. It also provides P7-S Strip Chassis for commercial delivery vehicles and walk-in vans; P7-C Chassis Cab and Cutway Chassis, a class 4 chassis cab fully electric commercial truck for delivery and a range of vocational applications; and P7-B Box Truck, a class 3 box truck built on a P7 cab chassis with its all-wheel drive and all-wheel steer for vehicle control for better handling and safety in adverse conditions. It serves original equipment manufacturer, delivery and logistic fleets, dealers, e-commerce retailers, new mobility players, mobility-as-a-service providers, and autonomous drive companies. The company is headquartered in Herzliya, Israel.
Metrics to compare | REE | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipREEPeersSector | |
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P/E Ratio | −1.5x | −0.7x | 10.7x | |
PEG Ratio | −0.06 | 0.03 | 0.02 | |
Price/Book | 2.3x | 0.1x | 1.4x | |
Price / LTM Sales | 173.7x | 3.6x | 0.9x | |
Upside (Analyst Target) | 74.5% | 83.5% | 20.6% | |
Fair Value Upside | Unlock | 19.1% | 6.6% | Unlock |