NIO Stock Analysis: Nio | NYSE
Auto Manufacturers | NYSE, USA | Market Cap: 8.519m USD | 12M Return: -54.9% | US62914V1061 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 115M
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 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: -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 October 06, 2026, the stock is trading at USD 3.42 with a total of 26,136,457 shares traded. Over the past week, the price has changed by -4.74%, over one month by -9.76%, over three months by -31.87% and over the past year by -54.94%.
Current recommended Stop Loss: 3.20 (which is 6.4% or 1.8 ATR below the current price).
Nio has no consensus analysts rating.
| Analysts Target Price | 6.3 | 84.5% |
Market Cap CNY = 57.1b (8.52b USD * 6.70455 USD.CNY)
P/E Forward = 64.9351
P/S = 0.0747
P/B = 15.1501
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 = 64.4b CNY (57.1b + Debt 40.4b - CCE 33.1b)
Interest Coverage Ratio = -3.44 (Ebit TTM -3.04b / Interest Expense TTM 881.9m)
EV/FCF = -21.97x (Enterprise Value 64.4b / FCF TTM -2.93b)
FCF Yield = -4.55% (FCF TTM -2.93b / Enterprise Value 64.4b)
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 = 0.47 (Enterprise Value 64.4b / 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 = 5.57% (E(57.1b)/V(97.5b) * Re(8.29%) + D(40.4b)/V(97.5b) * Rd(2.18%) * (1-Tc(0.21)))
Discount Rate = 8.29% (= 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=-0.02 | Chg30d=-116.18% | Revisions=-50% | Analysts=4
EPS current Year (2026-12-31): EPS=-0.24 | Chg30d=-155.43% | Revisions=+17% | GrowthEPS=+95.5% | GrowthRev=+46.6%
EPS next Year (2027-12-31): EPS=0.85 | Chg30d=-27.48% | Revisions=+0% | GrowthEPS=+448.6% | GrowthRev=+19.1%
[Analyst] Revisions Ratio: -18% (up=3, down=5)