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MICROVAST HOLDINGS INC (MVST) Stock Fundamental Analysis

NASDAQ:MVST - Nasdaq - US59516C1062 - Common Stock - Currency: USD

3.34  -0.22 (-6.18%)

Premarket: 3.34 0 (0%)

Fundamental Rating

2

Overall MVST gets a fundamental rating of 2 out of 10. We evaluated MVST against 127 industry peers in the Machinery industry. Both the profitability and financial health of MVST have multiple concerns. MVST is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

MVST had negative earnings in the past year.
MVST had a positive operating cash flow in the past year.
In the past 5 years MVST always reported negative net income.
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

With a Return On Assets value of -11.07%, MVST is not doing good in the industry: 82.68% of the companies in the same industry are doing better.
MVST has a worse Return On Equity (-23.96%) than 81.10% of its industry peers.
MVST's Return On Invested Capital of 1.59% is on the low side compared to the rest of the industry. MVST is outperformed by 71.65% of its industry peers.
Industry RankSector Rank
ROA -11.07%
ROE -23.96%
ROIC 1.59%
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

Looking at the Operating Margin, with a value of 3.76%, MVST is doing worse than 65.35% of the companies in the same industry.
MVST has a better Gross Margin (35.03%) than 62.20% of its industry peers.
Industry RankSector Rank
OM 3.76%
PM (TTM) N/A
GM 35.03%
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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1

2. Health

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.
MVST has more shares outstanding than it did 5 years ago.
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 0.38. This is a bad value and indicates that MVST is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of MVST (0.38) is worse than 82.68% of its industry peers.
A Debt/Equity ratio of 0.61 indicates that MVST is somewhat dependend on debt financing.
MVST's Debt to Equity ratio of 0.61 is on the low side compared to the rest of the industry. MVST is outperformed by 62.99% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF N/A
Altman-Z 0.38
ROIC/WACC0.17
WACC9.28%
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

MVST has a Current Ratio of 1.32. This is a normal value and indicates that MVST is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.32, MVST is doing worse than 83.46% of the companies in the same industry.
A Quick Ratio of 0.94 indicates that MVST may have some problems paying its short term obligations.
MVST has a Quick ratio of 0.94. This is in the lower half of the industry: MVST underperforms 65.35% of its industry peers.
Industry RankSector Rank
Current Ratio 1.32
Quick Ratio 0.94
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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6

3. Growth

3.1 Past

MVST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.29%, which is quite impressive.
MVST shows a strong growth in Revenue. In the last year, the Revenue has grown by 21.69%.
Measured over the past years, MVST shows a very strong growth in Revenue. The Revenue has been growing by 37.81% on average per year.
EPS 1Y (TTM)35.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%250%
Revenue 1Y (TTM)21.69%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%43.2%

3.2 Future

Based on estimates for the next years, MVST will show a very strong growth in Earnings Per Share. The EPS will grow by 56.01% on average per year.
The Revenue is expected to grow by 18.45% on average over the next years. This is quite good.
EPS Next Y160.71%
EPS Next 2Y77.92%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue Next Year31.03%
Revenue Next 2Y30.37%
Revenue Next 3Y27.14%
Revenue Next 5Y18.45%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of 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 200M 400M 600M 800M 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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4

4. Valuation

4.1 Price/Earnings Ratio

MVST reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
MVST is valuated correctly with a Price/Forward Earnings ratio of 13.64.
Based on the Price/Forward Earnings ratio, MVST is valued cheaply inside the industry as 81.10% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 37.54, MVST is valued rather cheaply.
Industry RankSector Rank
PE N/A
Fwd PE 13.64
MVST Price Earnings VS Forward Price EarningsMVST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 -20 40 60

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, MVST is valued a bit more expensive than 67.72% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 24.39
MVST Per share dataMVST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

The 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)N/A
PEG (5Y)N/A
EPS Next 2Y77.92%
EPS Next 3Y56.01%

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0

5. Dividend

5.1 Amount

MVST does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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MICROVAST HOLDINGS INC

NASDAQ:MVST (7/24/2025, 8:00:01 PM)

Premarket: 3.34 0 (0%)

3.34

-0.22 (-6.18%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)05-12 2025-05-12/amc
Earnings (Next)08-07 2025-08-07/amc
Inst Owners11.23%
Inst Owner Change0.1%
Ins Owners27.12%
Ins Owner Change1.13%
Market Cap1.09B
Analysts80
Price Target4.08 (22.16%)
Short Float %15.13%
Short Ratio3.14
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)2
Avg Revenue beat(2)14.37%
Min Revenue beat(2)7.74%
Max Revenue beat(2)20.99%
Revenue beat(4)2
Avg Revenue beat(4)4.32%
Min Revenue beat(4)-11.17%
Max Revenue beat(4)20.99%
Revenue beat(8)6
Avg Revenue beat(8)7.62%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)20%
EPS NQ rev (1m)0%
EPS NQ rev (3m)200%
EPS NY rev (1m)0%
EPS NY rev (3m)525%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.73%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.3%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 13.64
P/S 2.62
P/FCF N/A
P/OCF 136.65
P/B 2.39
P/tB 2.41
EV/EBITDA 24.39
EPS(TTM)-0.11
EYN/A
EPS(NY)0.24
Fwd EY7.33%
FCF(TTM)-0.04
FCFYN/A
OCF(TTM)0.02
OCFY0.73%
SpS1.28
BVpS1.4
TBVpS1.39
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -11.07%
ROE -23.96%
ROCE 2.42%
ROIC 1.59%
ROICexc 1.79%
ROICexgc 1.8%
OM 3.76%
PM (TTM) N/A
GM 35.03%
FCFM N/A
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
ROICexcg growth 3YN/A
ROICexcg 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 Turnover0.42
Health
Industry RankSector Rank
Debt/Equity 0.61
Debt/FCF N/A
Debt/EBITDA 5.95
Cap/Depr 63.69%
Cap/Sales 4.78%
Interest Coverage 250
Cash Conversion 17.02%
Profit Quality N/A
Current Ratio 1.32
Quick Ratio 0.94
Altman-Z 0.38
F-Score5
WACC9.28%
ROIC/WACC0.17
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)35.29%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%250%
EPS Next Y160.71%
EPS Next 2Y77.92%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue 1Y (TTM)21.69%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%43.2%
Revenue Next Year31.03%
Revenue Next 2Y30.37%
Revenue Next 3Y27.14%
Revenue Next 5Y18.45%
EBIT growth 1Y115.44%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year256.52%
EBIT Next 3Y65.69%
EBIT Next 5Y38.91%
FCF growth 1Y93.61%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y119.79%
OCF growth 3YN/A
OCF growth 5Y-26.78%