Overview Dividends

(VFS) VinFast Auto Ordinary Shares - Ratings and Ratios

Exchange: NASDAQ • Country: Vietnam • Currency: USD • Type: Common Stock • ISIN: SGXZ55111462

Electric Suv, E-Scooter, E-Bus, Electric Bike, Battery

Automobile Manufacturers
Market Cap in USD: 7,814m

IPO / Inception: 2021-09-07
Return 12m vs S&P 500: -29.6%

EPS (Earnings per Share)

EPS CAGR: 19.88%
EPS Trend: -57.0%

Last SUE: 2.57
Qual. Beats: 1

Revenue

Rev. CAGR: 41.89%
Rev. Trend: 86.3%

Last SUE: -0.48
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	74.6%
Value at Risk 5%th	91.1%
Relative Tail Risk	-25.80%

Reward TTM
Sharpe Ratio	-0.42
Alpha	-35.55
CAGR/Max DD	-0.31

Character TTM
Hurst Exponent	0.367
Beta	0.752
Beta Downside	0.712

Drawdowns 3y
Max DD	97.06%
Mean DD	74.89%
Median DD	94.97%

Description: VFS VinFast Auto Ordinary Shares January 07, 2026

VinFast Auto Ltd. (NASDAQ:VFS) designs, manufactures, and sells a range of electric vehicles-including SUVs, a mini-car, a mid-size pickup, a 7-seat MPV, e-buses, e-scooters, and electric bikes-across Vietnam, Canada, and the United States. The firm also provides battery-lease and charging services for its vehicle lineup.

Operating as a subsidiary of Vingroup, VinFast is organized into three segments: Cars, E-Scooters, and E-Bus. Its product portfolio is anchored by the VF e34 compact SUV (the company’s first mass-produced EV) and the upcoming VF 8 and VF 9 models, which together aim to support a projected annual production capacity of roughly 200,000 units by 2025.

Key quantitative signals (as of the latest filings) include a cash burn of about $1.2 billion in the last twelve months, a net-loss margin near 70 % of revenue, and a working-capital deficit that has forced the company to tap the public markets for financing. The firm’s growth outlook is heavily tied to the global EV adoption curve-driven by tightening emissions regulations in the U.S. and Europe, as well as expanding government subsidies in emerging markets.

Sector-level data suggest that EV sales are expected to grow at a CAGR of ~27 % through 2030, but supply-chain bottlenecks (e.g., lithium-ion battery shortages) and the need for scalable charging infrastructure remain material risks for new entrants like VinFast.

For a deeper, data-driven valuation of VinFast and its competitive positioning, you may find the ValueRay analysis worth exploring.

Piotroski VR‑10 (Strict, 0-10) 0.5

Net Income (-92402.64b TTM) > 0 and > 6% of Revenue (6% = 4045.58b TTM)

FCFTA -0.32 (>2.0%) and ΔFCFTA 7.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -128.3% (prev -327.2%; Δ 199.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.20 (>3.0%) and CFO -36858.50b > Net Income -92402.64b (YES >=105%, WARN >=100%)

NO Net Debt/EBITDA fails (EBITDA <= 0)

Current Ratio 0.50 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (2.34b) change vs 12m ago 0.03% (target <= -2.0% for YES)

Gross Margin -53.00% (prev -45.54%; Δ -7.46pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 40.26% (prev 22.92%; Δ 17.34pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio -2.31 (EBITDA TTM -34704.80b / Interest Expense TTM 18592.01b) >= 6 (WARN >= 3)

Altman Z'' -11.91

(A) -0.47 = (Total Current Assets 87809.93b - Total Current Liabilities 174284.92b) / Total Assets 183183.80b

(B) -1.80 = Retained Earnings (Balance) -329732.86b / Total Assets 183183.80b

warn (B) unusual magnitude: -1.80 — check mapping/units

(D) -1.17 = Book Value of Equity -329732.86b / Total Liabilities 282465.63b

Total Rating: -11.91 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 46.62

1. Piotroski 0.50pt

2. FCF Yield -17.06%

3. FCF Margin -86.76%

4. Debt/Equity -0.97

5. Debt/Ebitda -2.06

6. ROIC - WACC (= 47.76)%

7. RoE 54.90%

8. Rev. Trend 86.26%

9. EPS Trend -56.96%

What is the price of VFS shares?

As of January 10, 2026, the stock is trading at USD 3.45 with a total of 161,545 shares traded.
Over the past week, the price has changed by +2.07%, over one month by +0.88%, over three months by +2.99% and over the past year by -16.67%.

Is VFS a buy, sell or hold?

VinFast Auto Ordinary Shares has received a consensus analysts rating of 4.50. Therefore, it is recommended to buy VFS.

Strong Buy: 3
Buy: 0
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the VFS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	6.4	84.3%
Analysts Target Price	6.4	84.3%
ValueRay Target Price	3	-14.2%

VFS Fundamental Data Overview January 02, 2026

Market Cap VND = 205226.16b (7.81b USD * 26264.0 USD.VND)
P/S = 3.0462
Beta = 1.122
Revenue TTM = 67426.41b VND
EBIT TTM = -42937.64b VND
EBITDA TTM = -34704.80b VND
Long Term Debt = 46844.93b VND (from longTermDebt, last quarter)
Short Term Debt = 33336.92b VND (from shortLongTermDebt, last quarter)
Debt = 146396.47b VND (from shortLongTermDebtTotal, last fiscal year)
Net Debt = 71381.79b VND (from netDebt column, last quarter)
Enterprise Value = 342822.57b VND (205226.16b + Debt 146396.47b - CCE 8800.06b)
Interest Coverage Ratio = -2.31 (Ebit TTM -42937.64b / Interest Expense TTM 18592.01b)
FCF Yield = -17.06% (FCF TTM -58499.61b / Enterprise Value 342822.57b)
FCF Margin = -86.76% (FCF TTM -58499.61b / Revenue TTM 67426.41b)
Net Margin = -137.0% (Net Income TTM -92402.64b / Revenue TTM 67426.41b)
Gross Margin = -53.00% ((Revenue TTM 67426.41b - Cost of Revenue TTM 103161.52b) / Revenue TTM)
Gross Margin QoQ = -56.17% (prev -41.09%)
Tobins Q-Ratio = 1.87 (Enterprise Value 342822.57b / Total Assets 183183.80b)
Interest Expense / Debt = 4.08% (Interest Expense 5967.04b / Debt 146396.47b)
Taxrate = -0.73% (negative due to tax credits) (172.75b / -23724.44b)
NOPAT = -43250.29b (EBIT -42937.64b * (1 - -0.73%)) [loss with tax shield] [negative tax rate / tax credits]
Current Ratio = 0.50 (Total Current Assets 87809.93b / Total Current Liabilities 174284.92b)
Debt / Equity = -0.97 (negative equity) (Debt 146396.47b / totalStockholderEquity, last quarter -150915.05b)
Debt / EBITDA = -2.06 (negative EBITDA) (Net Debt 71381.79b / EBITDA -34704.80b)
Debt / FCF = -1.22 (negative FCF - burning cash) (Net Debt 71381.79b / FCF TTM -58499.61b)
Total Stockholder Equity = -168319.14b (last 4 quarters mean from totalStockholderEquity)
RoA = -55.17% (Net Income -92402.64b / Total Assets 183183.80b)
RoE = 54.90% (negative equity) (Net Income TTM -92402.64b / Total Stockholder Equity -168319.14b)
RoCE = 35.35% (negative capital employed) (EBIT -42937.64b / Capital Employed (Equity -168319.14b + L.T.Debt 46844.93b))
RoIC = 54.60% (negative operating profit) (NOPAT -43250.29b / Invested Capital -79216.59b)
WACC = 6.84% (E(205226.16b)/V(351622.63b) * Re(8.79%) + D(146396.47b)/V(351622.63b) * Rd(4.08%) * (1-Tc(-0.01)))
Discount Rate = 8.79% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.03%
Fair Price DCF = unknown (Cash Flow -58499.61b)
EPS Correlation: -56.96 | EPS CAGR: 19.88% | SUE: 2.57 | # QB: 1
Revenue Correlation: 86.26 | Revenue CAGR: 41.89% | SUE: -0.48 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.25 | Chg30d=-0.008 | Revisions Net=-2 | Analysts=3
EPS next Year (2026-12-31): EPS=-0.90 | Chg30d=-0.016 | Revisions Net=-2 | Growth EPS=+35.0% | Growth Revenue=+54.0%

Additional Sources for VFS Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle