(NIO) Nio - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US62914V1061

Electric SUVs, Electric Sedans, Battery-Swapping, Charging Services, After-Sales

EPS (Earnings per Share)

EPS (Earnings per Share) of NIO over the last years for every Quarter: "2020-12": -1.05, "2021-03": -3.14, "2021-06": -0.42, "2021-09": -1.82, "2021-12": -1.36, "2022-03": -0.79, "2022-06": -1.34, "2022-09": -2.11, "2022-12": -3.07, "2023-03": -2.51, "2023-06": -0.46, "2023-09": -2.28, "2023-12": -2.81, "2024-03": -2.39, "2024-06": -0.31, "2024-09": -2.14, "2024-12": -3.17, "2025-03": -3.29, "2025-06": -1.85, "2025-09": -1.14, "2025-12": 0,

Revenue

Revenue of NIO over the last years for every Quarter: 2020-12: 6641.091, 2021-03: 7982.333, 2021-06: 8448.047, 2021-09: 9805.301, 2021-12: 9900.742, 2022-03: 9910.588, 2022-06: 10292.364, 2022-09: 13002.095, 2022-12: 16063.514, 2023-03: 10676.471, 2023-06: 8771.735, 2023-09: 19066.551, 2023-12: 17103.176, 2024-03: 9908.636, 2024-06: 17445.968, 2024-09: 18673.528, 2024-12: 19703.427, 2025-03: 12034.729, 2025-06: 19008.665, 2025-09: 21793.875, 2025-12: null,

Dividends

Currently no dividends paid
Risk via 5d forecast
Volatility 57.7%
Value at Risk 5%th 89.8%
Relative Tail Risk -5.39%
Reward TTM
Sharpe Ratio 0.43
Alpha -5.21
CAGR/Max DD -0.36
Character TTM
Hurst Exponent 0.508
Beta 0.875
Beta Downside 1.177
Drawdowns 3y
Max DD 79.69%
Mean DD 56.77%
Median DD 64.42%

Description: NIO Nio January 06, 2026

NIO Inc. (NYSE: NIO) designs, develops, manufactures and sells smart electric vehicles-including five- and six-seat SUVs and sedans-across China, Europe and other international markets. Its ecosystem extends beyond the cars to a suite of power solutions: home chargers (Power Home), a battery-swap network (Power Swap), public and mobile charging services (Power Charger, Power Mobile, Destination Charger), a real-time charger-location app (Power Map), and a “one-click” valet-charging service. NIO also offers after-sales support such as repair centers, insurance products, financing, and leasing, while maintaining in-house capabilities for powertrain, battery-pack, and component manufacturing.

Key recent metrics underscore the company’s growth trajectory: Q4 2023 vehicle deliveries reached ~30,000 units, a 70% YoY increase, pushing full-year 2023 deliveries past 120,000-its highest ever. The battery-swap network expanded to roughly 1,800 stations, supporting a 15% gross-margin improvement year-over-year. Macro-level drivers include China’s EV subsidy phase-down, which pressures pricing, and the broader shift toward stricter emissions standards in Europe that is expanding the addressable market for premium EVs.

For a deeper, data-rich assessment of NIO’s valuation dynamics, you may find the analyst tools on ValueRay worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 2.0

Net Income: -22.82b TTM > 0 and > 6% of Revenue
FCF/TA: -0.15 > 0.02 and ΔFCF/TA -1.77 > 1.0
NWC/Revenue: -5.87% < 20% (prev 4.09%; Δ -9.97% < -1%)
CFO/TA -0.08 > 3% & CFO -8.75b > Net Income -22.82b
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 0.94 > 1.5 & < 3
Outstanding Shares: last quarter (2.43b) vs 12m ago 18.17% < -2%
Gross Margin: 11.24% > 18% (prev 0.09%; Δ 1115 % > 0.5%)
Asset Turnover: 67.16% > 50% (prev 60.71%; Δ 6.45% > 0%)
Interest Coverage Ratio: -9.06 > 6 (EBITDA TTM -14.44b / Interest Expense TTM 927.7m)

Altman Z'' -5.24

A: -0.04 (Total Current Assets 63.06b - Total Current Liabilities 67.32b) / Total Assets 112.04b
B: -1.01 (Retained Earnings -113.07b / Total Assets 112.04b)
C: -0.08 (EBIT TTM -8.40b / Avg Total Assets 108.02b)
D: -1.13 (Book Value of Equity -112.48b / Total Liabilities 99.96b)
Altman-Z'' Score: -5.24= D

Beneish M -2.43

DSRI: 1.80 (Receivables 14.55b/7.03b, Revenue 72.54b/63.13b)
GMI: 0.77 (GM 11.24% / 8.65%)
AQI: 1.27 (AQ_t 0.09 / AQ_t-1 0.07)
SGI: 1.15 (Revenue 72.54b / 63.13b)
TATA: -0.13 (NI -22.82b - CFO -8.75b) / TA 112.04b)
Beneish M-Score: -2.43 = BBB

ValueRay F-Score (Strict, 0-100) 25.04

1. Piotroski: 2.0pt
2. FCF Yield: -19.08%
3. FCF Margin: -22.74%
4. Debt/Equity: 7.53
5. Debt/Ebitda: data missing
6. ROIC - WACC: -42.32%
7. RoE: data missing
8. Revenue Trend: 65.92%
9. EPS Trend: 11.98%

What is the price of NIO shares?

As of January 25, 2026, the stock is trading at USD 4.64 with a total of 36,195,452 shares traded.
Over the past week, the price has changed by -1.49%, over one month by -5.11%, over three months by -32.66% and over the past year by +12.35%.

Is NIO a buy, sell or hold?

Nio has received a consensus analysts rating of 3.78. Therefor, it is recommend to hold NIO.
  • Strong Buy: 9
  • Buy: 5
  • Hold: 11
  • Sell: 2
  • Strong Sell: 0

What are the forecasts/targets for the NIO price?

Issuer Target Up/Down from current
Wallstreet Target Price 6.8 46.3%
Analysts Target Price 6.8 46.3%
ValueRay Target Price 3.7 -19.6%

NIO Fundamental Data Overview January 20, 2026

Market Cap CNY = 82.94b (11.91b USD * 6.9639 USD.CNY)
P/E Forward = 434.7826
P/S = 0.1642
P/B = 22.5257
Revenue TTM = 72.54b CNY
EBIT TTM = -8.40b CNY
EBITDA TTM = -14.44b CNY
Long Term Debt = 8.72b CNY (from longTermDebt, last quarter)
Short Term Debt = 8.67b CNY (from shortTermDebt, last quarter)
Debt = 27.64b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 18.37b CNY (from netDebt column, last quarter)
Enterprise Value = 86.47b CNY (82.94b + Debt 27.64b - CCE 24.11b)
Interest Coverage Ratio = -9.06 (Ebit TTM -8.40b / Interest Expense TTM 927.7m)
EV/FCF = -5.24x (Enterprise Value 86.47b / FCF TTM -16.50b)
FCF Yield = -19.08% (FCF TTM -16.50b / Enterprise Value 86.47b)
FCF Margin = -22.74% (FCF TTM -16.50b / Revenue TTM 72.54b)
Net Margin = -31.46% (Net Income TTM -22.82b / Revenue TTM 72.54b)
Gross Margin = 11.24% ((Revenue TTM 72.54b - Cost of Revenue TTM 64.39b) / Revenue TTM)
Gross Margin QoQ = 13.88% (prev 9.98%)
Tobins Q-Ratio = 0.77 (Enterprise Value 86.47b / Total Assets 112.04b)
Interest Expense / Debt = 0.81% (Interest Expense 222.5m / Debt 27.64b)
Taxrate = 21.0% (US default 21%)
NOPAT = -6.64b (EBIT -8.40b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.94 (Total Current Assets 63.06b / Total Current Liabilities 67.32b)
Debt / Equity = 7.53 (Debt 27.64b / totalStockholderEquity, last quarter 3.67b)
Debt / EBITDA = -1.27 (negative EBITDA) (Net Debt 18.37b / EBITDA -14.44b)
Debt / FCF = -1.11 (negative FCF - burning cash) (Net Debt 18.37b / FCF TTM -16.50b)
Total Stockholder Equity = 2.02b (last 4 quarters mean from totalStockholderEquity)
RoA = -21.13% (Net Income -22.82b / Total Assets 112.04b)
RoE = -1132 % (out of range, set to none) (Net Income TTM -22.82b / Total Stockholder Equity 2.02b)
RoCE = -78.26% (EBIT -8.40b / Capital Employed (Equity 2.02b + L.T.Debt 8.72b))
RoIC = -35.31% (negative operating profit) (NOPAT -6.64b / Invested Capital 18.80b)
WACC = 7.01% (E(82.94b)/V(110.58b) * Re(9.14%) + D(27.64b)/V(110.58b) * Rd(0.81%) * (1-Tc(0.21)))
Discount Rate = 9.14% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 17.42%
Fair Price DCF = unknown (Cash Flow -16.50b)
EPS Correlation: 11.98 | EPS CAGR: 7.05% | SUE: 0.28 | # QB: 0
Revenue Correlation: 65.92 | Revenue CAGR: 23.42% | SUE: -0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.59 | Chg30d=+0.004 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=-3.46 | Chg30d=-0.070 | Revisions Net=-1 | Growth EPS=+49.8% | Growth Revenue=+46.0%

Additional Sources for NIO Stock

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