NIO INC - ADR (NIO) Stock Fundamental Analysis

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

4.55 USD
+0.03 (+0.66%)
At close: Feb 3, 2026
4.54 USD
-0.01 (-0.22%)
After Hours: 2/3/2026, 4:13:34 PM
Fundamental Rating

2

Overall NIO gets a fundamental rating of 2 out of 10. We evaluated NIO against 35 industry peers in the Automobiles industry. Both the profitability and financial health of NIO have multiple concerns. NIO is valied quite expensively at the moment, while 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.
  • The reported operating cash flow has been mixed in the past 5 years: NIO reported negative operating cash flow in multiple 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

  • NIO has a Return On Assets (-20.37%) which is comparable to the rest of the 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

  • NIO's Gross Margin of 11.24% is in line compared to the rest of the industry. NIO outperforms 60.00% of its industry peers.
  • 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 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
  • The number of shares outstanding for NIO has been increased compared to 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
WACC6.45%
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

  • NIO has a Current 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.
  • Looking at the Current ratio, with a value of 0.94, NIO is doing worse than 68.57% of the companies in the same industry.
  • 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.
  • The Quick ratio of NIO (0.83) is comparable to the rest of the 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

  • NIO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.98%.
  • Looking at the last year, NIO shows a quite strong growth in Revenue. The Revenue has grown by 14.91% in the last year.
  • 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

  • NIO is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.43% yearly.
  • 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

  • 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.
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.
  • Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NIO. No positive earnings are expected for the next year.
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

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

  • A more expensive valuation may be justified as NIO's earnings are expected to grow with 26.86% in the coming years.
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

NYSE:NIO (2/3/2026, 4:13:34 PM)

After market: 4.54 -0.01 (-0.22%)

4.55

+0.03 (+0.66%)

Chartmill FA Rating
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)11-25
Earnings (Next)03-19
Inst Owners14.85%
Inst Owner Change-2.43%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.21B
Revenue(TTM)72.54B
Net Income(TTM)-22.82B
Analysts74.84
Price Target6.86 (50.77%)
Short Float %N/A
Short RatioN/A
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)2
Avg EPS beat(2)24.45%
Min EPS beat(2)17.32%
Max EPS beat(2)31.58%
EPS beat(4)2
Avg EPS beat(4)-1.57%
Min EPS beat(4)-38.87%
Max EPS beat(4)31.58%
EPS beat(8)4
Avg EPS beat(8)-3.76%
EPS beat(12)4
Avg EPS beat(12)-10.01%
EPS beat(16)6
Avg EPS beat(16)-9.61%
Revenue beat(2)0
Avg Revenue beat(2)-3.96%
Min Revenue beat(2)-5.51%
Max Revenue beat(2)-2.41%
Revenue beat(4)0
Avg Revenue beat(4)-4.03%
Min Revenue beat(4)-5.51%
Max Revenue beat(4)-2.41%
Revenue beat(8)1
Avg Revenue beat(8)-3.18%
Revenue beat(12)1
Avg Revenue beat(12)-6.04%
Revenue beat(16)5
Avg Revenue beat(16)-3.35%
PT rev (1m)0%
PT rev (3m)-0.4%
EPS NQ rev (1m)-338.36%
EPS NQ rev (3m)91.38%
EPS NY rev (1m)0.5%
EPS NY rev (3m)4.62%
Revenue NQ rev (1m)0.7%
Revenue NQ rev (3m)-4.61%
Revenue NY rev (1m)-0.17%
Revenue NY rev (3m)-3.13%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 1.07
P/FCF N/A
P/OCF N/A
P/B 21.21
P/tB 22.62
EV/EBITDA N/A
EPS(TTM)-1.32
EYN/A
EPS(NY)-0.29
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS4.24
BVpS0.21
TBVpS0.2
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -20.37%
ROE -621.93%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 11.24%
FCFM 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
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 3Y-19.42%
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.65
Health
Industry RankSector Rank
Debt/Equity 3.73
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 0.94
Quick Ratio 0.83
Altman-Z N/A
F-ScoreN/A
WACC6.45%
ROIC/WACCN/A
Cap/Depr(3y)195.18%
Cap/Depr(5y)166.38%
Cap/Sales(3y)17.95%
Cap/Sales(5y)14.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.98%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%46.73%
EPS Next Y31.99%
EPS Next 2Y34.11%
EPS Next 3Y26.86%
EPS Next 5Y16.43%
Revenue 1Y (TTM)14.91%
Revenue growth 3Y22.07%
Revenue growth 5Y53.06%
Sales Q2Q%16.71%
Revenue Next Year27.31%
Revenue Next 2Y38.59%
Revenue Next 3Y28.73%
Revenue Next 5Y19.64%
EBIT growth 1Y9.98%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year46.16%
EBIT Next 3Y27.31%
EBIT Next 5Y21.36%
FCF growth 1Y-8.07%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-468.14%
OCF growth 3YN/A
OCF growth 5YN/A

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.