NIO INC - ADR (NIO) Stock Fundamental Analysis
NYSE:NIO - New York Stock Exchange, Inc. - US62914V1061 - ADR - Currency: USD
We assign a fundamental rating of 2 out of 10 to NIO. NIO was compared to 37 industry peers in the Automobiles industry. NIO has a bad profitability rating. Also its financial health evaluation is rather negative. While showing a medium growth rate, NIO is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year NIO has reported negative net income.
In the past 5 years NIO always reported negative net income.
The reported operating cash flow has been mixed in the past 5 years: NIO reported negative operating cash flow in multiple years.
1.2 Ratios
NIO's Return On Assets of -24.75% is in line compared to the rest of the industry. NIO outperforms 45.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -24.75% | ||
| ROE | N/A | ||
| 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
1.3 Margins
NIO has a Gross Margin (10.20%) which is comparable to the rest of the industry.
NIO's Gross Margin has declined in the last couple of years.
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 | 10.2% |
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
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 more shares outstanding than it did 1 year ago.
Compared to 5 years ago, NIO has more shares outstanding
Compared to 1 year ago, NIO has an improved debt to assets ratio.
2.2 Solvency
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACC5.86%
2.3 Liquidity
A Current Ratio of 0.84 indicates that NIO may have some problems paying its short term obligations.
NIO has a Current ratio of 0.84. This is in the lower half of the industry: NIO underperforms 64.86% of its industry peers.
NIO has a Quick Ratio of 0.84. This is a bad value and indicates that NIO is not financially healthy enough and could expect problems in meeting its short term obligations.
NIO's Quick ratio of 0.69 is in line compared to the rest of the industry. NIO outperforms 40.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.84 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
NIO shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.14%.
NIO shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.71%.
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)2.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.94%
Revenue 1Y (TTM)23.71%
Revenue growth 3Y22.07%
Revenue growth 5Y53.06%
Sales Q2Q%21.46%
3.2 Future
Based on estimates for the next years, NIO will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.61% on average per year.
NIO is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.64% yearly.
EPS Next Y20.16%
EPS Next 2Y19.93%
EPS Next 3Y16.7%
EPS Next 5Y16.61%
Revenue Next Year31.71%
Revenue Next 2Y28.89%
Revenue Next 3Y26.59%
Revenue Next 5Y18.64%
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.
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 16.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y19.93%
EPS Next 3Y16.7%
5. Dividend
5.1 Amount
NIO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
4.92
+0.09 (+1.86%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobiles
Earnings (Last)
Earnings (Next)
Inst Owners12.75%
Inst Owner Change0.84%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap11.05B
Analysts71.03
Price Target5.05 (2.64%)
Short Float %9.41%
Short Ratio5.16
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)0
Avg EPS beat(2)-27.58%
Min EPS beat(2)-38.87%
Max EPS beat(2)-16.29%
EPS beat(4)2
Avg EPS beat(4)-13.11%
Min EPS beat(4)-38.87%
Max EPS beat(4)1.71%
EPS beat(8)2
Avg EPS beat(8)-11.32%
EPS beat(12)2
Avg EPS beat(12)-22.32%
EPS beat(16)5
Avg EPS beat(16)-23.17%
Revenue beat(2)0
Avg Revenue beat(2)-4.1%
Min Revenue beat(2)-4.96%
Max Revenue beat(2)-3.24%
Revenue beat(4)0
Avg Revenue beat(4)-3.12%
Min Revenue beat(4)-4.96%
Max Revenue beat(4)-0.6%
Revenue beat(8)1
Avg Revenue beat(8)-5.51%
Revenue beat(12)3
Avg Revenue beat(12)-4.89%
Revenue beat(16)7
Avg Revenue beat(16)-2.56%
PT rev (1m)0.9%
PT rev (3m)-17.31%
EPS NQ rev (1m)3.16%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)1.37%
EPS NY rev (3m)5.49%
Revenue NQ rev (1m)-1.55%
Revenue NQ rev (3m)-2.25%
Revenue NY rev (1m)-0.64%
Revenue NY rev (3m)0.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 1.17 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-1.47
EYN/A
EPS(NY)-0.78
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS4.21
BVpS-0.02
TBVpS-0.04
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -24.75% | ||
| ROE | N/A | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 10.2% | ||
| 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
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 3Y-19.42%
GM growth 5YN/A
F-ScoreN/A
Asset Turnover0.69
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| 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 | 0.84 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC5.86%
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)2.14%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-25.94%
EPS Next Y20.16%
EPS Next 2Y19.93%
EPS Next 3Y16.7%
EPS Next 5Y16.61%
Revenue 1Y (TTM)23.71%
Revenue growth 3Y22.07%
Revenue growth 5Y53.06%
Sales Q2Q%21.46%
Revenue Next Year31.71%
Revenue Next 2Y28.89%
Revenue Next 3Y26.59%
Revenue Next 5Y18.64%
EBIT growth 1Y0.17%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year43.7%
EBIT Next 3Y24.73%
EBIT Next 5Y20.96%
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