NIO INC - ADR (NIO)
US62914V1061 - ADR
We assign a fundamental rating of 2 out of 10 to NIO. NIO was compared to 40 industry peers in the Automobiles industry. Both the profitability and financial health of NIO have multiple concerns. While showing a medium growth rate, NIO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
NIO had negative earnings in the past year.
In the past year NIO has reported a negative cash flow from operations.
In the past 5 years NIO always reported negative net income.
In multiple years NIO reported negative operating cash flow during the last 5 years.
1.2 Ratios
NIO's Return On Assets of -18.02% is in line compared to the rest of the industry. NIO outperforms 44.74% of its industry peers.
With a Return On Equity value of -82.78%, NIO is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.02% | ||
| ROE | -82.78% | ||
| ROIC | N/A |
ROA(3y)-15.3%
ROA(5y)-26.89%
ROE(3y)-58.08%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 5.49%, NIO is in line with its industry, outperforming 47.37% of the companies in the same industry.
In the last couple of years the Gross Margin of NIO has declined.
NIO does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 5.49% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-21.9%
GM growth 5YN/A
2. Health
2.1 Basic Checks
NIO does not have a ROIC to compare to the WACC, probably because it is not profitable.
NIO has a worse debt/assets ratio than last year.
2.2 Solvency
NIO has a Debt/Equity ratio of 0.71. This is a neutral value indicating NIO is somewhat dependend on debt financing.
The Debt to Equity ratio of NIO (0.71) is worse than 68.42% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC9.73%
2.3 Liquidity
NIO has a Current Ratio of 1.22. This is a normal value and indicates that NIO is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.22, NIO is not doing good in the industry: 63.16% of the companies in the same industry are doing better.
NIO has a Quick Ratio of 1.13. This is a normal value and indicates that NIO is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of NIO (1.13) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.13 |
3. Growth
3.1 Past
The earnings per share for NIO have decreased strongly by -48.84% in the last year.
Looking at the last year, NIO shows a quite strong growth in Revenue. The Revenue has grown by 12.89% in the last year.
Measured over the past years, NIO shows a very strong growth in Revenue. The Revenue has been growing by 62.22% on average per year.
EPS 1Y (TTM)-48.84%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q8.47%
Revenue 1Y (TTM)12.89%
Revenue growth 3Y50.68%
Revenue growth 5Y62.22%
Revenue growth Q2Q6.47%
3.2 Future
NIO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.94% yearly.
NIO is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 27.82% yearly.
EPS Next Y27.33%
EPS Next 2Y23.64%
EPS Next 3Y18.72%
EPS Next 5Y20.94%
Revenue Next Year21.29%
Revenue Next 2Y30.32%
Revenue Next 3Y25.68%
Revenue Next 5Y27.82%
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.
4. Valuation
4.1 Price/Earnings Ratio
NIO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year NIO is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
NIO's earnings are expected to grow with 18.72% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y23.64%
EPS Next 3Y18.72%
5. Dividend
5.1 Amount
NIO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
NIO INC - ADR
NYSE:NIO (4/24/2024, 7:19:16 PM)
After market: 4.06 -0.09 (-2.17%)4.15
+0.14 (+3.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap8.66B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -18.02% | ||
| ROE | -82.78% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 5.49% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.13 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-48.84%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y27.33%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)12.89%
Revenue growth 3Y50.68%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y