NIO Stock Analysis: Nio | NYSE
Auto Manufacturers | NYSE, USA | Market Cap: 12.052m USD | 12M Return: 42.1% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 170M
Qual. Beats: 1
Rev. Trend: 95.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality
NIO Inc. is a Chinese manufacturer of smart electric vehicles operating in China, Europe, and other international markets, offering electric SUVs and sedans along with a comprehensive ecosystem of charging, energy, and after-sales services. The companys business model extends well beyond vehicle sales, encompassing proprietary battery-swapping infrastructure (Power Swap), home and mobile charging solutions, and integrated services such as insurance, financing, maintenance, and a vehicle accessories marketplace (NIO Auto Mall). This vertically integrated approach-combining vehicle manufacturing, energy infrastructure, and ongoing service subscriptions-reflects a broader shift in the automotive industry toward software- and service-defined vehicles, particularly within Chinas rapidly expanding electric vehicle sector.
Founded in 2014 and headquartered in Shanghai, NIO was originally known as NextEV Inc. before adopting its current name in July 2017. As a large-cap company listed on the NYSE, NIO operates within the Consumer Discretionary sector, competing in the global transition from internal combustion engines to electrified mobility, where differentiation increasingly depends on charging convenience, battery technology, and digital user experience rather than traditional automotive metrics alone.
- Monthly EV deliveries accelerate with new Onvo and Firefly models
- BYD price war pressures China market share and margins
- Capital raises and persistent cash burn fuel shareholder dilution concerns
| Net Income: -9.02b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 14.87 > 1.0 |
| NWC/Revenue: 0.73% < 20% (prev -14.30%; Δ 15.03% < -1%) |
| CFO/TA 0.02 > 3% & CFO 2.99b > Net Income -9.02b |
| Net Debt (6.69b) to EBITDA (1.14b): 5.87 < 3 |
| Current Ratio: 1.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.48b) vs 12m ago 18.50% < -2% |
| Gross Margin: 15.69% > 18% (prev 10.20%; Δ 5.49% > 0.5%) |
| Asset Turnover: 89.60% > 50% (prev 69.13%; Δ 20.47% > 0%) |
| Interest Coverage Ratio: -9.67 > 6 (EBIT TTM -8.24b / Interest Expense TTM 852.0m) |
| A: 0.01 (Total Current Assets 79.3b - Total Current Liabilities 78.6b) / Total Assets 126b |
| B: -1.01 (Retained Earnings -128b / Total Assets 126b) |
| C: -0.07 (EBIT TTM -8.24b / Avg Total Assets 112b) |
| D: 0.04 (Book Value of Equity 4.34b / Total Liabilities 112b) |
| Altman-Z'' = -3.72 = D |
| DSRI: 1.12 (Receivables 17.5b/10.6b, Revenue 101b/67.9b) |
| GMI: 0.65 (GM 10.20% / 15.69%) |
| AQI: 0.96 (AQ_t 0.08 / AQ_t-1 0.08) |
| SGI: 1.48 (Revenue 101b / 67.9b) |
| TATA: -0.10 (NI -9.02b - CFO 2.99b) / TA 126b) |
| Beneish M = -2.93 (Cap -4..+1) = A |
As of June 29, 2026, the stock is trading at USD 4.86 with a total of 25,676,870 shares traded. Over the past week, the price has changed by -3.19%, over one month by -7.60%, over three months by -12.59% and over the past year by +42.11%.
Current recommended Stop Loss: 4.50 (which is 7.4% or 1.4 ATR below the current price).
Nio has received a consensus analysts rating of 3.78. Therefore, it is recommended to hold NIO.
- StrongBuy: 9
- Buy: 5
- Hold: 11
- Sell: 2
- StrongSell: 0
| Analysts Target Price | 7.2 | 48.1% |
Market Cap CNY = 81.9b (12.1b USD * 6.7982 USD.CNY)
P/E Forward = 384.6154
P/S = 0.1195
P/B = 18.5448
Revenue TTM = 101b CNY
EBIT TTM = -8.24b CNY
EBITDA TTM = 1.14b CNY
Long Term Debt = 8.39b CNY (from longTermDebt, last quarter)
Short Term Debt = 8.46b CNY (from shortTermDebt, last quarter)
Debt = 38.5b CNY (from shortLongTermDebtTotal, last quarter) + Leases 11.9b
Net Debt = 6.69b CNY (calculated: Debt 38.5b - CCE 31.8b)
Enterprise Value = 88.6b CNY (81.9b + Debt 38.5b - CCE 31.8b)
Interest Coverage Ratio = -9.67 (Ebit TTM -8.24b / Interest Expense TTM 852.0m)
EV/FCF = -28.84x (Enterprise Value 88.6b / FCF TTM -3.07b)
FCF Yield = -3.47% (FCF TTM -3.07b / Enterprise Value 88.6b)
FCF Margin = -3.06% (FCF TTM -3.07b / Revenue TTM 101b)
Net Margin = -8.97% (Net Income TTM -9.02b / Revenue TTM 101b)
Gross Margin = 15.69% ((Revenue TTM 101b - Cost of Revenue TTM 84.7b) / Revenue TTM)
Gross Margin QoQ = 19.03% (prev 17.53%)
Tobins Q-Ratio = 0.70 (Enterprise Value 88.6b / Total Assets 126b)
Interest Expense / Debt = 2.22% (Interest Expense 852.0m / Debt 38.5b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -6.51b (EBIT -8.24b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.01 (Total Current Assets 79.3b / Total Current Liabilities 78.6b)
Debt / Equity = 8.86 (Debt 38.5b / totalStockholderEquity, last quarter 4.34b)
Debt / EBITDA = 5.87 (Net Debt 6.69b / EBITDA 1.14b)
Debt / FCF = -2.18 (negative FCF - burning cash) (Net Debt 6.69b / FCF TTM -3.07b)
Total Stockholder Equity = 2.74b (last 4 quarters mean from totalStockholderEquity)
RoA = -8.04% (Net Income -9.02b / Total Assets 126b)
RoE = -328.9% (Net Income TTM -9.02b / Total Stockholder Equity 2.74b)
RoCE = -73.99% (EBIT -8.24b / Capital Employed (Equity 2.74b + L.T.Debt 8.39b))
RoIC = -12.75% (negative operating profit) (NOPAT -6.51b / Invested Capital 51.0b)
WACC = 6.67% (E(81.9b)/V(120b) * Re(8.98%) + D(38.5b)/V(120b) * Rd(2.22%) * (1-Tc(0.21)))
Discount Rate = 8.98% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 16.45%
[DCF] Fair Price = unknown (Cash Flow -3.07b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.97 | # QB: 1
Revenue Correlation: 95.16 | Revenue CAGR: 24.18% | SUE: -0.01 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.14 | Chg30d=+50.94% | Revisions=+25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.16 | Chg30d=+219.55% | Revisions=+43% | Analysts=3
EPS current Year (2026-12-31): EPS=0.43 | Chg30d=+104.71% | Revisions=+50% | GrowthEPS=+107.9% | GrowthRev=+56.2%
EPS next Year (2027-12-31): EPS=1.17 | Chg30d=+61.16% | Revisions=+40% | GrowthEPS=+171.1% | GrowthRev=+14.1%
[Analyst] Revisions Ratio: +50%