NIO INC - ADR (NIO) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:NIO • US62914V1061

4.7 USD
-0.07 (-1.47%)
At close: Jan 30, 2026
4.64 USD
-0.06 (-1.28%)
Pre-Market: 2/2/2026, 6:46:42 AM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to NIO. NIO was compared to 35 industry peers in the Automobiles industry. NIO may be in some trouble as it scores bad on both profitability and health. NIO is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

1

1. Profitability

1.1 Basic Checks

  • In the past year NIO has reported negative net income.
  • NIO had negative earnings in each of the past 5 years.
  • In multiple years NIO reported negative operating cash flow during the last 5 years.
NIO Yearly Net Income VS EBIT VS OCF VS FCFNIO Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -5B -10B -15B -20B

1.2 Ratios

  • Looking at the Return On Assets, with a value of -20.37%, NIO is in line with its industry, outperforming 45.71% of the companies in the same industry.
  • NIO has a worse Return On Equity (-621.93%) than 71.43% of its industry peers.
Industry RankSector Rank
ROA -20.37%
ROE -621.93%
ROIC N/A
ROA(3y)-18.07%
ROA(5y)-15.44%
ROE(3y)-174.5%
ROE(5y)-114.92%
ROIC(3y)N/A
ROIC(5y)N/A
NIO Yearly ROA, ROE, ROICNIO Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 100 -100 -200 -300

1.3 Margins

  • The Gross Margin of NIO (11.24%) is comparable to the rest of the industry.
  • NIO's Gross Margin has declined in the last couple of years.
  • The Profit Margin and Operating Margin are not available for NIO so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 11.24%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-19.42%
GM growth 5YN/A
NIO Yearly Profit, Operating, Gross MarginsNIO Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -100 -200 -300 -400

More info and screens

1

2. Health

2.1 Basic Checks

  • NIO does not have a ROIC to compare to the WACC, probably because it is not profitable.
  • Compared to 1 year ago, NIO has more shares outstanding
  • NIO has more shares outstanding than it did 5 years ago.
  • NIO has a better debt/assets ratio than last year.
NIO Yearly Shares OutstandingNIO Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B 2B
NIO Yearly Total Debt VS Total AssetsNIO Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

2.2 Solvency

  • NIO has a Debt/Equity ratio of 3.73. This is a high value indicating a heavy dependency on external financing.
  • With a Debt to Equity ratio value of 3.73, NIO is not doing good in the industry: 74.29% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 3.73
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC6.56%
NIO Yearly LT Debt VS Equity VS FCFNIO Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10B -10B 20B 30B

2.3 Liquidity

  • A Current Ratio of 0.94 indicates that NIO may have some problems paying its short term obligations.
  • With a Current ratio value of 0.94, NIO is not doing good in the industry: 68.57% of the companies in the same industry are doing better.
  • NIO has a Quick Ratio of 0.94. This is a bad value and indicates that NIO is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.83, NIO perfoms like the industry average, outperforming 45.71% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.94
Quick Ratio 0.83
NIO Yearly Current Assets VS Current LiabilitesNIO Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B

More info and screens

5

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 3.98% over the past year.
  • The Revenue has grown by 14.91% in the past year. This is quite good.
  • Measured over the past years, NIO shows a very strong growth in Revenue. The Revenue has been growing by 53.06% on average per year.
EPS 1Y (TTM)3.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%46.73%
Revenue 1Y (TTM)14.91%
Revenue growth 3Y22.07%
Revenue growth 5Y53.06%
Sales Q2Q%16.71%

3.2 Future

  • The Earnings Per Share is expected to grow by 16.43% on average over the next years. This is quite good.
  • Based on estimates for the next years, NIO will show a quite strong growth in Revenue. The Revenue will grow by 19.64% on average per year.
EPS Next Y31.99%
EPS Next 2Y34.11%
EPS Next 3Y26.86%
EPS Next 5Y16.43%
Revenue Next Year27.31%
Revenue Next 2Y38.59%
Revenue Next 3Y28.73%
Revenue Next 5Y19.64%

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.
NIO Yearly Revenue VS EstimatesNIO Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 50B 100B 150B
NIO Yearly EPS VS EstimatesNIO Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 -10 -20 -30

More info and screens

1

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 RankSector Rank
PE N/A
Fwd PE N/A
NIO Price Earnings VS Forward Price EarningsNIO Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 -10 20 30 40

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
NIO Per share dataNIO EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 1 -1 2 3 4

4.3 Compensation for Growth

  • NIO's earnings are expected to grow with 26.86% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y34.11%
EPS Next 3Y26.86%

More info and screens

0

5. Dividend

5.1 Amount

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

More info and screens

NIO INC - ADR / NIO FAQ

Can you provide the ChartMill fundamental rating for NIO INC - ADR?

ChartMill assigns a fundamental rating of 2 / 10 to NIO.


What is the valuation status for NIO stock?

ChartMill assigns a valuation rating of 1 / 10 to NIO INC - ADR (NIO). This can be considered as Overvalued.


Can you provide the profitability details for NIO INC - ADR?

NIO INC - ADR (NIO) has a profitability rating of 1 / 10.


Can you provide the financial health for NIO stock?

The financial health rating of NIO INC - ADR (NIO) is 1 / 10.


Can you provide the expected EPS growth for NIO stock?

The Earnings per Share (EPS) of NIO INC - ADR (NIO) is expected to grow by 31.99% in the next year.