MICROVAST HOLDINGS INC (MVST) Fundamental Analysis & Valuation

NASDAQ:MVST • US59516C1062

2.25 USD
+0.16 (+7.66%)
At close: Mar 11, 2026
2.22 USD
-0.03 (-1.33%)
After Hours: 3/11/2026, 8:14:09 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This MVST fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

4

Taking everything into account, MVST scores 4 out of 10 in our fundamental rating. MVST was compared to 131 industry peers in the Machinery industry. MVST has a bad profitability rating. Also its financial health evaluation is rather negative. MVST is growing strongly while it also seems undervalued. This is an interesting combination


Dividend Valuation Growth Profitability Health

2

1. MVST Profitability Analysis

1.1 Basic Checks

  • MVST had positive earnings in the past year.
  • MVST had a positive operating cash flow in the past year.
  • MVST had negative earnings in each of the past 5 years.
  • In multiple years MVST reported negative operating cash flow during the last 5 years.
MVST Yearly Net Income VS EBIT VS OCF VS FCFMVST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M -250M

1.2 Ratios

  • Looking at the Return On Assets, with a value of -14.92%, MVST is doing worse than 82.44% of the companies in the same industry.
  • With a Return On Equity value of -42.22%, MVST is not doing good in the industry: 80.92% of the companies in the same industry are doing better.
  • MVST's Return On Invested Capital of 6.38% is in line compared to the rest of the industry. MVST outperforms 49.62% of its industry peers.
Industry RankSector Rank
ROA -14.92%
ROE -42.22%
ROIC 6.38%
ROA(3y)-15.43%
ROA(5y)-17.97%
ROE(3y)-31.68%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MVST Yearly ROA, ROE, ROICMVST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -100K -200K -300K

1.3 Margins

  • The Operating Margin of MVST (11.36%) is comparable to the rest of the industry.
  • MVST's Gross Margin of 36.60% is fine compared to the rest of the industry. MVST outperforms 68.70% of its industry peers.
Industry RankSector Rank
OM 11.36%
PM (TTM) N/A
GM 36.6%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MVST Yearly Profit, Operating, Gross MarginsMVST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150

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ROAROEROICOperating and Profit MarginShow most profitable peers

1

2. MVST Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MVST is destroying value.
  • MVST has more shares outstanding than it did 1 year ago.
  • Compared to 5 years ago, MVST has more shares outstanding
  • MVST has a worse debt/assets ratio than last year.
MVST Yearly Shares OutstandingMVST Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
MVST Yearly Total Debt VS Total AssetsMVST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

  • MVST has an Altman-Z score of -0.43. This is a bad value and indicates that MVST is not financially healthy and even has some risk of bankruptcy.
  • MVST's Altman-Z score of -0.43 is on the low side compared to the rest of the industry. MVST is outperformed by 78.63% of its industry peers.
  • MVST has a debt to FCF ratio of 9.00. This is a negative value and a sign of low solvency as MVST would need 9.00 years to pay back of all of its debts.
  • With a Debt to FCF ratio value of 9.00, MVST perfoms like the industry average, outperforming 43.51% of the companies in the same industry.
  • MVST has a Debt/Equity ratio of 0.61. This is a neutral value indicating MVST is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.61, MVST is doing worse than 61.83% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 9
Altman-Z -0.43
ROIC/WACC0.74
WACC8.62%
MVST Yearly LT Debt VS Equity VS FCFMVST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

  • A Current Ratio of 0.84 indicates that MVST may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.84, MVST is doing worse than 90.84% of the companies in the same industry.
  • MVST has a Quick Ratio of 0.84. This is a bad value and indicates that MVST is not financially healthy enough and could expect problems in meeting its short term obligations.
  • The Quick ratio of MVST (0.60) is worse than 86.26% of its industry peers.
Industry RankSector Rank
Current Ratio 0.84
Quick Ratio 0.6
MVST Yearly Current Assets VS Current LiabilitesMVST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. MVST Growth Analysis

3.1 Past

  • MVST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 150.00%, which is quite impressive.
  • The Revenue has grown by 19.82% in the past year. This is quite good.
  • The Revenue has been growing by 37.81% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
Revenue 1Y (TTM)19.82%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%21.6%

3.2 Future

  • MVST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 56.01% yearly.
  • MVST is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 20.22% yearly.
EPS Next Y182.57%
EPS Next 2Y72.38%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue Next Year29.06%
Revenue Next 2Y23.25%
Revenue Next 3Y27.54%
Revenue Next 5Y20.22%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
MVST Yearly Revenue VS EstimatesMVST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 500M 1B
MVST Yearly EPS VS EstimatesMVST Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 0.2 -0.2 -0.4

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Find the best growth stocksShow best growing peers

8

4. MVST Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 16.07 indicates a correct valuation of MVST.
  • MVST's Price/Earnings ratio is rather cheap when compared to the industry. MVST is cheaper than 85.50% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MVST to the average of the S&P500 Index (26.15), we can say MVST is valued slightly cheaper.
  • MVST is valuated reasonably with a Price/Forward Earnings ratio of 11.03.
  • Based on the Price/Forward Earnings ratio, MVST is valued cheaper than 96.95% of the companies in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 24.27. MVST is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 16.07
Fwd PE 11.03
MVST Price Earnings VS Forward Price EarningsMVST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, MVST is valued a bit cheaper than 79.39% of the companies in the same industry.
  • MVST's Price/Free Cash Flow ratio is rather cheap when compared to the industry. MVST is cheaper than 86.26% of the companies in the same industry.
Industry RankSector Rank
P/FCF 16.17
EV/EBITDA 10.39
MVST Per share dataMVST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0.2 0.4 0.6 0.8 1

4.3 Compensation for Growth

  • MVST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • MVST's earnings are expected to grow with 56.01% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.09
PEG (5Y)N/A
EPS Next 2Y72.38%
EPS Next 3Y56.01%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. MVST Dividend Analysis

5.1 Amount

  • MVST does not give a dividend.
Industry RankSector Rank
Dividend Yield 0%

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Find the best dividend stocksShow peers with best dividend

MVST Fundamentals: All Metrics, Ratios and Statistics

MICROVAST HOLDINGS INC

NASDAQ:MVST (3/11/2026, 8:14:09 PM)

After market: 2.22 -0.03 (-1.33%)

2.25

+0.16 (+7.66%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)11-10
Earnings (Next)03-30
Inst Owners26.39%
Inst Owner Change8.41%
Ins Owners26.56%
Ins Owner Change0.15%
Market Cap738.40M
Revenue(TTM)444.50M
Net Income(TTM)-151.19M
Analysts82.5
Price Target6.63 (194.67%)
Short Float %13.51%
Short Ratio7.72
Dividend
Industry RankSector Rank
Dividend Yield 0%
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)102.61%
Min EPS beat(2)-21.57%
Max EPS beat(2)226.8%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)-7.72%
Min Revenue beat(2)-16.14%
Max Revenue beat(2)0.71%
Revenue beat(4)3
Avg Revenue beat(4)3.33%
Min Revenue beat(4)-16.14%
Max Revenue beat(4)20.99%
Revenue beat(8)5
Avg Revenue beat(8)3.54%
Revenue beat(12)9
Avg Revenue beat(12)5.78%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)18.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-33.33%
EPS NY rev (1m)0%
EPS NY rev (3m)-10.53%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.47%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.04%
Valuation
Industry RankSector Rank
PE 16.07
Fwd PE 11.03
P/S 1.66
P/FCF 16.17
P/OCF 11.26
P/B 2.06
P/tB 2.08
EV/EBITDA 10.39
EPS(TTM)0.14
EY6.22%
EPS(NY)0.2
Fwd EY9.07%
FCF(TTM)0.14
FCFY6.19%
OCF(TTM)0.2
OCFY8.88%
SpS1.35
BVpS1.09
TBVpS1.08
PEG (NY)0.09
PEG (5Y)N/A
Graham Number1.85
Profitability
Industry RankSector Rank
ROA -14.92%
ROE -42.22%
ROCE 10.44%
ROIC 6.38%
ROICexc 7.46%
ROICexgc 7.5%
OM 11.36%
PM (TTM) N/A
GM 36.6%
FCFM 10.28%
ROA(3y)-15.43%
ROA(5y)-17.97%
ROE(3y)-31.68%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.44
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF 9
Debt/EBITDA 2.62
Cap/Depr 60.88%
Cap/Sales 4.48%
Interest Coverage 250
Cash Conversion 78.83%
Profit Quality N/A
Current Ratio 0.84
Quick Ratio 0.6
Altman-Z -0.43
F-Score5
WACC8.62%
ROIC/WACC0.74
Cap/Depr(3y)552.36%
Cap/Depr(5y)438.43%
Cap/Sales(3y)47.33%
Cap/Sales(5y)43.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)150%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-20%
EPS Next Y182.57%
EPS Next 2Y72.38%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue 1Y (TTM)19.82%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%21.6%
Revenue Next Year29.06%
Revenue Next 2Y23.25%
Revenue Next 3Y27.54%
Revenue Next 5Y20.22%
EBIT growth 1Y197.96%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year288.93%
EBIT Next 3Y67.62%
EBIT Next 5Y42.45%
FCF growth 1Y116%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y199.86%
OCF growth 3YN/A
OCF growth 5Y-26.78%

MICROVAST HOLDINGS INC / MVST FAQ

What is the fundamental rating for MVST stock?

ChartMill assigns a fundamental rating of 4 / 10 to MVST.


What is the valuation status of MICROVAST HOLDINGS INC (MVST) stock?

ChartMill assigns a valuation rating of 8 / 10 to MICROVAST HOLDINGS INC (MVST). This can be considered as Undervalued.


What is the profitability of MVST stock?

MICROVAST HOLDINGS INC (MVST) has a profitability rating of 2 / 10.


What is the valuation of MICROVAST HOLDINGS INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for MICROVAST HOLDINGS INC (MVST) is 16.07 and the Price/Book (PB) ratio is 2.06.


Can you provide the expected EPS growth for MVST stock?

The Earnings per Share (EPS) of MICROVAST HOLDINGS INC (MVST) is expected to grow by 182.57% in the next year.