MICROVAST HOLDINGS INC (MVST) Stock Fundamental Analysis
USA - NASDAQ:MVST - US59516C1062 - Common Stock
5.43 USD
+0.05 (+0.93%)
5.5 USD
+0.07 (+1.29%)
MVST gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 130 industry peers in the Machinery industry. MVST has a bad profitability rating. Also its financial health evaluation is rather negative. MVST is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year MVST was profitable.
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.
1.2 Ratios
MVST has a worse Return On Assets (-13.58%) than 80.77% of its industry peers.
MVST's Return On Equity of -38.32% is on the low side compared to the rest of the industry. MVST is outperformed by 82.31% of its industry peers.
Looking at the Return On Invested Capital, with a value of 5.68%, MVST is in line with its industry, outperforming 43.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.58% | ||
| ROE | -38.32% | ||
| ROIC | 5.68% |
ROA(3y)-15.43%
ROA(5y)-17.97%
ROE(3y)-31.68%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
MVST has a Operating Margin of 10.32%. This is comparable to the rest of the industry: MVST outperforms 56.15% of its industry peers.
With a decent Gross Margin value of 35.46%, MVST is doing good in the industry, outperforming 64.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.32% | ||
| PM (TTM) | N/A | ||
| GM | 35.46% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
MVST has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
MVST has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, MVST has more shares outstanding
Compared to 1 year ago, MVST has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.50, we must say that MVST is in the distress zone and has some risk of bankruptcy.
MVST's Altman-Z score of 0.50 is on the low side compared to the rest of the industry. MVST is outperformed by 80.00% of its industry peers.
MVST has a debt to FCF ratio of 15.22. This is a negative value and a sign of low solvency as MVST would need 15.22 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 15.22, MVST is doing worse than 64.62% of the companies in the same industry.
A Debt/Equity ratio of 0.57 indicates that MVST is somewhat dependend on debt financing.
The Debt to Equity ratio of MVST (0.57) is worse than 60.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 15.22 | ||
| Altman-Z | 0.5 |
ROIC/WACC0.62
WACC9.18%
2.3 Liquidity
MVST has a Current Ratio of 0.83. This is a bad value and indicates that MVST is not financially healthy enough and could expect problems in meeting its short term obligations.
MVST has a Current ratio of 0.83. This is amonst the worse of the industry: MVST underperforms 91.54% of its industry peers.
MVST has a Quick Ratio of 0.83. This is a bad value and indicates that MVST is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.56, MVST is doing worse than 87.69% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
MVST shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 141.67%, which is quite impressive.
The Revenue has grown by 20.84% in the past year. This is a very strong growth!
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)141.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.81%
Revenue 1Y (TTM)20.84%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%9.16%
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.
The Revenue is expected to grow by 20.22% on average over the next years. This is a very strong growth
EPS Next Y172.86%
EPS Next 2Y80.63%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue Next Year29.08%
Revenue Next 2Y30.37%
Revenue Next 3Y27.54%
Revenue Next 5Y20.22%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 36.20, MVST can be considered very expensive at the moment.
64.62% of the companies in the same industry are cheaper than MVST, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.19, MVST is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 20.48, the valuation of MVST can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as MVST.
When comparing the Price/Forward Earnings ratio of MVST to the average of the S&P500 Index (22.50), we can say MVST is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.2 | ||
| Fwd PE | 20.48 |
4.2 Price Multiples
67.69% of the companies in the same industry are cheaper than MVST, based on the Enterprise Value to EBITDA ratio.
MVST's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. MVST is more expensive than 66.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.96 | ||
| EV/EBITDA | 25.32 |
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.
A more expensive valuation may be justified as MVST's earnings are expected to grow with 56.01% in the coming years.
PEG (NY)0.21
PEG (5Y)N/A
EPS Next 2Y80.63%
EPS Next 3Y56.01%
5. Dividend
5.1 Amount
MVST does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
5.43
+0.05 (+0.93%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners23.66%
Inst Owner Change0.27%
Ins Owners26.71%
Ins Owner Change0.71%
Market Cap1.77B
Revenue(TTM)422.61M
Net Income(TTM)-136459000
Analysts80
Price Target5.1 (-6.08%)
Short Float %13.89%
Short Ratio3.45
Dividend
| Industry Rank | Sector 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)2
Avg EPS beat(2)457.52%
Min EPS beat(2)226.8%
Max EPS beat(2)688.24%
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)-4.2%
Min Revenue beat(2)-16.14%
Max Revenue beat(2)7.74%
Revenue beat(4)2
Avg Revenue beat(4)3.07%
Min Revenue beat(4)-16.14%
Max Revenue beat(4)20.99%
Revenue beat(8)5
Avg Revenue beat(8)3.83%
Revenue beat(12)8
Avg Revenue beat(12)3.37%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)25%
EPS NQ rev (1m)0%
EPS NQ rev (3m)40%
EPS NY rev (1m)0%
EPS NY rev (3m)20%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.32%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.48%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 36.2 | ||
| Fwd PE | 20.48 | ||
| P/S | 4.18 | ||
| P/FCF | 69.96 | ||
| P/OCF | 39.26 | ||
| P/B | 4.96 | ||
| P/tB | 4.99 | ||
| EV/EBITDA | 25.32 |
EPS(TTM)0.15
EY2.76%
EPS(NY)0.27
Fwd EY4.88%
FCF(TTM)0.08
FCFY1.43%
OCF(TTM)0.14
OCFY2.55%
SpS1.3
BVpS1.09
TBVpS1.09
PEG (NY)0.21
PEG (5Y)N/A
Graham Number1.92
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -13.58% | ||
| ROE | -38.32% | ||
| ROCE | 9.09% | ||
| ROIC | 5.68% | ||
| ROICexc | 6.79% | ||
| ROICexgc | 6.83% | ||
| OM | 10.32% | ||
| PM (TTM) | N/A | ||
| GM | 35.46% | ||
| FCFM | 5.98% |
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-Score6
Asset Turnover0.42
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.57 | ||
| Debt/FCF | 15.22 | ||
| Debt/EBITDA | 2.69 | ||
| Cap/Depr | 62.24% | ||
| Cap/Sales | 4.67% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 59.72% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.83 | ||
| Quick Ratio | 0.56 | ||
| Altman-Z | 0.5 |
F-Score6
WACC9.18%
ROIC/WACC0.62
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)141.67%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%123.81%
EPS Next Y172.86%
EPS Next 2Y80.63%
EPS Next 3Y56.01%
EPS Next 5YN/A
Revenue 1Y (TTM)20.84%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%9.16%
Revenue Next Year29.08%
Revenue Next 2Y30.37%
Revenue Next 3Y27.54%
Revenue Next 5Y20.22%
EBIT growth 1Y151.38%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year268.27%
EBIT Next 3Y67.62%
EBIT Next 5Y42.45%
FCF growth 1Y112.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y243.3%
OCF growth 3YN/A
OCF growth 5Y-26.78%
MICROVAST HOLDINGS INC / MVST FAQ
What is the ChartMill fundamental rating of MICROVAST HOLDINGS INC (MVST) stock?
ChartMill assigns a fundamental rating of 3 / 10 to MVST.
Can you provide the valuation status for MICROVAST HOLDINGS INC?
ChartMill assigns a valuation rating of 2 / 10 to MICROVAST HOLDINGS INC (MVST). This can be considered as Overvalued.
What is the profitability of MVST stock?
MICROVAST HOLDINGS INC (MVST) has a profitability rating of 2 / 10.
Can you provide the financial health for MVST stock?
The financial health rating of MICROVAST HOLDINGS INC (MVST) is 0 / 10.