(VNET) VNET DRC - Overview
Stock: Colocation, Cloud, Interconnectivity, Managed Services
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 90.8% |
| Relative Tail Risk | -8.52% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.65 |
| Alpha | 6.90 |
| Character TTM | |
|---|---|
| Beta | 1.785 |
| Beta Downside | 2.448 |
| Drawdowns 3y | |
|---|---|
| Max DD | 77.50% |
| CAGR/Max DD | 0.27 |
Description: VNET VNET DRC January 14, 2026
VNET Group, Inc. (NASDAQ: VNET) is a China-focused investment holding company that delivers a suite of managed hosting, colocation, interconnectivity, and value-added data-center services. Its offerings span bare-metal servers, hybrid IT, firewalls, load balancing, backup & recovery, and VPN connectivity, enabling customers to run applications either on-premises or over the internet. The firm serves a broad client base that includes IT and cloud providers, gaming and entertainment platforms, e-commerce firms, automotive and financial services companies, government agencies, telecom carriers, and individual users.
Key operating metrics (FY 2023) show revenue of roughly $1.2 billion, up about 12 % year-over-year, driven by expanding demand for edge-computing capacity in China’s rapidly growing IDC market, which analysts project to compound at ~10 % annually through 2029. VNET’s data-center footprint now exceeds 150 MW of deployable power across 12 sites in major Chinese metros, positioning it to capture “cloud-to-the-edge” opportunities as 5G rollout accelerates. However, the company remains exposed to regulatory risk-particularly China’s tightening data-security and cross-border data-flow rules-which could affect both pricing power and the ability to serve multinational clients.
For a deeper, data-driven assessment of VNET’s valuation assumptions and scenario analysis, you may find the ValueRay research platform worth exploring.
Piotroski VR‑10 (Strict, 0-10) 3.0
| Net Income: -567.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.09 > 0.02 and ΔFCF/TA -1.59 > 1.0 |
| NWC/Revenue: -12.72% < 20% (prev -17.95%; Δ 5.23% < -1%) |
| CFO/TA 0.04 > 3% & CFO 1.75b > Net Income -567.7m |
| Net Debt (23.16b) to EBITDA (2.42b): 9.58 < 3 |
| Current Ratio: 0.90 > 1.5 & < 3 |
| Outstanding Shares: last quarter (269.0m) vs 12m ago -7.29% < -2% |
| Gross Margin: 22.68% > 18% (prev 0.22%; Δ 2246 % > 0.5%) |
| Asset Turnover: 25.96% > 50% (prev 26.46%; Δ -0.50% > 0%) |
| Interest Coverage Ratio: 1.35 > 6 (EBITDA TTM 2.42b / Interest Expense TTM 486.3m) |
Altman Z'' -1.25
| A: -0.03 (Total Current Assets 10.96b - Total Current Liabilities 12.17b) / Total Assets 43.35b |
| B: -0.26 (Retained Earnings -11.43b / Total Assets 43.35b) |
| C: 0.02 (EBIT TTM 658.5m / Avg Total Assets 36.63b) |
| D: -0.32 (Book Value of Equity -11.32b / Total Liabilities 35.76b) |
| Altman-Z'' Score: -1.25 = CCC |
Beneish M -3.21
| DSRI: 0.67 (Receivables 2.57b/3.19b, Revenue 9.51b/7.91b) |
| GMI: 0.97 (GM 22.68% / 21.97%) |
| AQI: 1.03 (AQ_t 0.12 / AQ_t-1 0.11) |
| SGI: 1.20 (Revenue 9.51b / 7.91b) |
| TATA: -0.05 (NI -567.7m - CFO 1.75b) / TA 43.35b) |
| Beneish M-Score: -3.21 (Cap -4..+1) = AA |
What is the price of VNET shares?
Over the past week, the price has changed by +6.36%, over one month by +20.56%, over three months by +12.34% and over the past year by +25.28%.
Is VNET a buy, sell or hold?
- StrongBuy: 7
- Buy: 5
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VNET price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 15.2 | 35.3% |
| Analysts Target Price | 15.2 | 35.3% |
| ValueRay Target Price | 10.1 | -9.5% |
VNET Fundamental Data Overview February 04, 2026
P/E Forward = 25.5754
P/S = 0.309
P/B = 3.5823
P/EG = 0.477
Revenue TTM = 9.51b CNY
EBIT TTM = 658.5m CNY
EBITDA TTM = 2.42b CNY
Long Term Debt = 16.48b CNY (from longTermDebt, last quarter)
Short Term Debt = 4.30b CNY (from shortTermDebt, last quarter)
Debt = 26.66b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 23.16b CNY (from netDebt column, last quarter)
Enterprise Value = 42.31b CNY (20.39b + Debt 26.66b - CCE 4.75b)
Interest Coverage Ratio = 1.35 (Ebit TTM 658.5m / Interest Expense TTM 486.3m)
EV/FCF = -10.96x (Enterprise Value 42.31b / FCF TTM -3.86b)
FCF Yield = -9.13% (FCF TTM -3.86b / Enterprise Value 42.31b)
FCF Margin = -40.60% (FCF TTM -3.86b / Revenue TTM 9.51b)
Net Margin = -5.97% (Net Income TTM -567.7m / Revenue TTM 9.51b)
Gross Margin = 22.68% ((Revenue TTM 9.51b - Cost of Revenue TTM 7.35b) / Revenue TTM)
Gross Margin QoQ = 20.88% (prev 22.50%)
Tobins Q-Ratio = 0.98 (Enterprise Value 42.31b / Total Assets 43.35b)
Interest Expense / Debt = 0.57% (Interest Expense 151.0m / Debt 26.66b)
Taxrate = 48.53% (234.2m / 482.7m)
NOPAT = 339.0m (EBIT 658.5m * (1 - 48.53%))
Current Ratio = 0.90 (Total Current Assets 10.96b / Total Current Liabilities 12.17b)
Debt / Equity = 4.64 (Debt 26.66b / totalStockholderEquity, last quarter 5.75b)
Debt / EBITDA = 9.58 (Net Debt 23.16b / EBITDA 2.42b)
Debt / FCF = -6.00 (negative FCF - burning cash) (Net Debt 23.16b / FCF TTM -3.86b)
Total Stockholder Equity = 6.12b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.55% (Net Income -567.7m / Total Assets 43.35b)
RoE = -9.28% (Net Income TTM -567.7m / Total Stockholder Equity 6.12b)
RoCE = 2.91% (EBIT 658.5m / Capital Employed (Equity 6.12b + L.T.Debt 16.48b))
RoIC = 1.51% (NOPAT 339.0m / Invested Capital 22.44b)
WACC = 5.58% (E(20.39b)/V(47.06b) * Re(12.49%) + D(26.66b)/V(47.06b) * Rd(0.57%) * (1-Tc(0.49)))
Discount Rate = 12.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 148.5%
Fair Price DCF = unknown (Cash Flow -3.86b)
EPS Correlation: 27.21 | EPS CAGR: -0.30% | SUE: 0.06 | # QB: 0
Revenue Correlation: 93.76 | Revenue CAGR: 11.00% | SUE: 0.09 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.04 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=0.69 | Chg30d=-0.176 | Revisions Net=+0 | Growth EPS=+164.7% | Growth Revenue=+18.6%