Is Aeva Technologies, Inc. (AEVA) Halal?

NASDAQ Technology United States $804M
✗ NOT HALAL
Confidence: 90/100
Aeva Technologies, Inc. (AEVA) is Not Halal under AAOIFI Standard 21. The company's impermissible income ratio of 85.07% exceeds the 5% threshold allowed under AAOIFI. Aeva Technologies, Inc. operates in the Technology sector.

Shariah Screening — 5 Standards

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 0.4%
/ 30%
13.2%
/ 30%
0.1%
/ 30%
85.07%
/ 5%
✗ NOT HALAL
DJIM 0.4%
/ 33%
13.2%
/ 33%
0.1%
/ 33%
85.07%
/ 5%
✗ NOT HALAL
MSCI 2.5%
/ 33%
75.9%
/ 33%
0.9%
/ 33%
85.07%
/ 5%
✗ NOT HALAL
S&P 0.4%
/ 33%
13.2%
/ 33%
0.1%
/ 33%
85.07%
/ 5%
✗ NOT HALAL
FTSE 2.5%
/ 33%
75.9%
/ 33%
0.9%
/ 50%
85.07%
/ 5%
✗ NOT HALAL

Financial Highlights

EPS
$-2.55
P/B Ratio
59.4
EV/EBITDA
-6.4
EV: $784M
Beta
2.2
High volatility
Current Ratio
4.3

Profitability

Gross Margin -3.7%
Operating Margin -517.6%
Net Margin 0.0%
Return on Equity (ROE) -258.4%
Return on Assets (ROA) -48.7%

Cash Flow & Balance Sheet

Operating Cash Flow-$107M
Free Cash Flow-$112M
Total Debt$4M
Debt-to-Equity774.8
Current Ratio4.3
Total Assets$147M

Price & Trading

Last Close$14.20
50-Day MA$14.50
200-Day MA$16.87
Avg Volume2.8M
Beta2.2
52-Week Range
$5.80
$38.80

About Aeva Technologies, Inc. (AEVA)

CEO
Mr. Soroush Salehian Dardashti
Employees
239
Sector
Technology
Industry
Software - Infrastructure
Country
United States
Exchange
NASDAQ
Market Cap
$804M
Currency
USD

Aeva Technologies, Inc. engages in the design, manufacture, and sale of LiDAR sensing systems, and related perception and autonomy-enabling software solutions in North America, Europe, Oceania, and Asia. The company develops its products using frequency modulated continuous wave (FMCW) sensing technology. It also offers Aeva Omni, a wide-view short-range 4D LiDAR; Aeva Atlas, a orion long-range 4D LiDAR with data and power over ethernet; CityOS, a AI operating system for real-time traffic intelligence designed to improve safety, efficiency, and data-driven transportation planning in cities; Atlas, a FMCW 4D LiDAR with simultaneous velocity and range detection for mass production and built to meet automotive-grade requirements; Aeva Eve1, a line of high-precision laser displacement sensors for volume industrial automation; and Atlas Ultra, a 4D LiDAR sensor built to meet the performance demands of SAE Level 3 and 4 automated driving systems in passenger and commercial vehicles. Its products are also used in automotive, consumer devices, industrial automation, and security market applications. Aeva Technologies, Inc. was founded in 2017 and is headquartered in Mountain View, California.

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Frequently Asked Questions

Is Aeva Technologies, Inc. (AEVA) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), Aeva Technologies, Inc. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is Aeva Technologies, Inc.'s debt ratio?

Aeva Technologies, Inc.'s debt ratio is 0.4% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 2.5%.

What are Aeva Technologies, Inc.'s key financial metrics?

Aeva Technologies, Inc. has a market capitalization of $804M. Return on equity stands at -258.4%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.