NIO Stock Analysis: Nio | NYSE
Auto Manufacturers | NYSE, USA | Market Cap: 8.319m USD | 12M Return: -57% | US62914V1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 95.9M
Qual. Beats: 0
Rev. Trend: 93.9%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 8 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
NIO Inc. is a Chinese-headquartered automaker that designs, develops, manufactures, and sells smart electric vehicles, with operations spanning China, Europe, and other international markets. Its vehicle lineup includes five- and six-seater electric SUVs and smart electric sedans. The company was incorporated in 2014 (originally as NextEV Inc.) and is headquartered in Shanghai.
Beyond vehicle sales, NIO operates an integrated power and service ecosystem. This includes home charging (Power Home), a battery-swapping service (Power Swap), public and destination charging networks, mobile charging vans, and a charging map application. It also provides repair, maintenance, inspection, insurance, financing, roadside assistance, and valet services through its own centers and authorized third parties, alongside an online accessories marketplace and auction platform.
The company operates in the consumer discretionary automobile manufacturing sub-industry, a capital-intensive sector characterized by heavy R&D and capacity investment. Battery-swapping, in particular, represents a notable alternative to plug-in charging and is a key differentiator from many traditional EV makers, though it requires substantial dedicated infrastructure investment.
- China EV price war pressures NIO margins and delivery growth
- Onvo and Firefly sub-brands target mass-market volume expansion
- Cash burn concerns persist amid battery swap network buildout
| Net Income: -4.56b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 25.98 > 1.0 |
| NWC/Revenue: 1.43% < 20% (prev -14.08%; Δ 15.51% < -1%) |
| CFO/TA 0.02 > 3% & CFO 2.99b > Net Income -4.56b |
| Net Debt (7.32b) to EBITDA (6.34b): 1.15 < 3 |
| Current Ratio: 1.02 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.50b) vs 12m ago 11.96% < -2% |
| Gross Margin: 17.41% > 18% (prev 10.28%; Δ 7.13% > 0.5%) |
| Asset Turnover: 96.61% > 50% (prev 69.39%; Δ 27.22% > 0%) |
| Interest Coverage Ratio: -3.44 > 6 (EBIT TTM -3.04b / Interest Expense TTM 881.9m) |
| A: 0.01 (Total Current Assets 89.3b - Total Current Liabilities 87.6b) / Total Assets 136b |
| B: -0.94 (Retained Earnings -128b / Total Assets 136b) |
| C: -0.03 (EBIT TTM -3.04b / Avg Total Assets 118b) |
| D: 0.03 (Book Value of Equity 4.07b / Total Liabilities 122b) |
| Altman-Z'' = -3.12 = D |
| DSRI: 0.63 (Receivables 16.2b/15.7b, Revenue 114b/69.4b) |
| GMI: 0.59 (GM 10.28% / 17.41%) |
| AQI: 1.65 (AQ_t 0.08 / AQ_t-1 0.05) |
| SGI: 1.64 (Revenue 114b / 69.4b) |
| TATA: -0.06 (NI -4.56b - CFO 2.99b) / TA 136b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of November 03, 2026, the stock is trading at USD 3.19 with a total of 31,359,917 shares traded. Over the past week, the price has changed by -2.15%, over one month by -5.34%, over three months by -33.68% and over the past year by -57.01%.
Current recommended Stop Loss: 3.00 (which is 6% or 1.6 ATR below the current price).
Nio has received a consensus analysts rating of 4.13. Therefore, it is recommended to buy NIO.
- StrongBuy: 11
- Buy: 5
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 6.1 | 91.5% |
Market Cap CNY = 55.3b (8.32b USD * 6.6483 USD.CNY)
P/E Forward = 58.4795
P/S = 0.0729
P/B = 13.6541
Revenue TTM = 114b CNY
EBIT TTM = -3.04b CNY
EBITDA TTM = 6.34b CNY
Long Term Debt = 8.55b CNY (from longTermDebt, last quarter)
Short Term Debt = 11.0b CNY (from shortTermDebt, last quarter)
Debt = 40.4b CNY (from shortLongTermDebtTotal, last quarter) + Leases 11.4b
Net Debt = 7.32b CNY (calculated: Debt 40.4b - CCE 33.1b)
Enterprise Value = 62.6b CNY (55.3b + Debt 40.4b - CCE 33.1b)
Interest Coverage Ratio = -3.44 (Ebit TTM -3.04b / Interest Expense TTM 881.9m)
EV/FCF = -21.35x (Enterprise Value 62.6b / FCF TTM -2.93b)
FCF Yield = -4.68% (FCF TTM -2.93b / Enterprise Value 62.6b)
FCF Margin = -2.57% (FCF TTM -2.93b / Revenue TTM 114b)
Net Margin = -4.00% (Net Income TTM -4.56b / Revenue TTM 114b)
Gross Margin = 17.41% ((Revenue TTM 114b - Cost of Revenue TTM 94.3b) / Revenue TTM)
Gross Margin QoQ = 18.38% (prev 19.03%)
Tobins Q-Ratio = 0.46 (Enterprise Value 62.6b / Total Assets 136b)
Interest Expense / Debt = 2.18% (Interest Expense 881.9m / Debt 40.4b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -2.40b (EBIT -3.04b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.60 (Total Current Assets 89.3b / Total Current Liabilities 148b)
Debt / Equity = 9.93 (Debt 40.4b / totalStockholderEquity, last quarter 4.07b)
Debt / EBITDA = 1.15 (Net Debt 7.32b / EBITDA 6.34b)
Debt / FCF = -2.50 (negative FCF - burning cash) (Net Debt 7.32b / FCF TTM -2.93b)
Total Stockholder Equity = 4.06b (last 4 quarters mean from totalStockholderEquity)
RoA = -3.86% (Net Income -4.56b / Total Assets 136b)
RoE = -112.4% (Net Income TTM -4.56b / Total Stockholder Equity 4.06b)
RoCE = -24.07% (EBIT -3.04b / Capital Employed (Equity 4.06b + L.T.Debt 8.55b))
RoIC = -4.45% (negative operating profit) (NOPAT -2.40b / Invested Capital 53.9b)
WACC = 5.42% (E(55.3b)/V(95.7b) * Re(8.12%) + D(40.4b)/V(95.7b) * Rd(2.18%) * (1-Tc(0.21)))
Discount Rate = 8.12% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.38 | Cagr: 9.30%
[DCF] Fair Price = unknown (Cash Flow -2.93b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.06 | # QB: 0
Revenue Correlation: 93.93 | Revenue CAGR: 28.15% | SUE: -0.20 | # QB: 0
EPS current Quarter (2026-09-30): EPS=-0.03 | Chg30d=N/A | Revisions=-50% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.25 | Chg30d=-1.84% | Revisions=+17% | GrowthEPS=+95.5% | GrowthRev=+46.3%
EPS next Year (2027-12-31): EPS=0.83 | Chg30d=-2.35% | Revisions=+17% | GrowthEPS=+434.3% | GrowthRev=+18.2%
[Analyst] Revisions Ratio: -8% (up=4, down=5)