(NIO) Nio - Overview
Stock: Electric SUVs, Electric Sedans, Battery-Swapping, Charging Services, After-Sales
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 67.3% |
| Relative Tail Risk | -5.23% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.54 |
| Alpha | 5.87 |
| Character TTM | |
|---|---|
| Beta | 0.869 |
| Beta Downside | 1.141 |
| Drawdowns 3y | |
|---|---|
| Max DD | 79.69% |
| CAGR/Max DD | -0.27 |
Description: NIO Nio January 06, 2026
NIO Inc. (NYSE: NIO) designs, develops, manufactures and sells smart electric vehicles-including five- and six-seat SUVs and sedans-across China, Europe and other international markets. Its ecosystem extends beyond the cars to a suite of power solutions: home chargers (Power Home), a battery-swap network (Power Swap), public and mobile charging services (Power Charger, Power Mobile, Destination Charger), a real-time charger-location app (Power Map), and a “one-click” valet-charging service. NIO also offers after-sales support such as repair centers, insurance products, financing, and leasing, while maintaining in-house capabilities for powertrain, battery-pack, and component manufacturing.
Key recent metrics underscore the company’s growth trajectory: Q4 2023 vehicle deliveries reached ~30,000 units, a 70% YoY increase, pushing full-year 2023 deliveries past 120,000-its highest ever. The battery-swap network expanded to roughly 1,800 stations, supporting a 15% gross-margin improvement year-over-year. Macro-level drivers include China’s EV subsidy phase-down, which pressures pricing, and the broader shift toward stricter emissions standards in Europe that is expanding the addressable market for premium EVs.
For a deeper, data-rich assessment of NIO’s valuation dynamics, you may find the analyst tools on ValueRay worth a quick look.
Piotroski VR‑10 (Strict, 0-10) 2.0
| Net Income: -22.82b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.15 > 0.02 and ΔFCF/TA -1.77 > 1.0 |
| NWC/Revenue: -5.87% < 20% (prev 4.09%; Δ -9.97% < -1%) |
| CFO/TA -0.08 > 3% & CFO -8.75b > Net Income -22.82b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.43b) vs 12m ago 18.17% < -2% |
| Gross Margin: 11.24% > 18% (prev 0.09%; Δ 1115 % > 0.5%) |
| Asset Turnover: 67.16% > 50% (prev 60.71%; Δ 6.45% > 0%) |
| Interest Coverage Ratio: -9.06 > 6 (EBITDA TTM -14.44b / Interest Expense TTM 927.7m) |
Altman Z'' -5.24
| A: -0.04 (Total Current Assets 63.06b - Total Current Liabilities 67.32b) / Total Assets 112.04b |
| B: -1.01 (Retained Earnings -113.07b / Total Assets 112.04b) |
| C: -0.08 (EBIT TTM -8.40b / Avg Total Assets 108.02b) |
| D: -1.13 (Book Value of Equity -112.48b / Total Liabilities 99.96b) |
| Altman-Z'' Score: -5.24 = D |
Beneish M -2.43
| DSRI: 1.80 (Receivables 14.55b/7.03b, Revenue 72.54b/63.13b) |
| GMI: 0.77 (GM 11.24% / 8.65%) |
| AQI: 1.27 (AQ_t 0.09 / AQ_t-1 0.07) |
| SGI: 1.15 (Revenue 72.54b / 63.13b) |
| TATA: -0.13 (NI -22.82b - CFO -8.75b) / TA 112.04b) |
| Beneish M-Score: -2.43 (Cap -4..+1) = BBB |
What is the price of NIO shares?
Over the past week, the price has changed by +7.23%, over one month by +5.44%, over three months by -29.61% and over the past year by +20.00%.
Is NIO a buy, sell or hold?
- StrongBuy: 9
- Buy: 5
- Hold: 11
- Sell: 2
- StrongSell: 0
What are the forecasts/targets for the NIO price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 6.7 | 32.5% |
| Analysts Target Price | 6.7 | 32.5% |
| ValueRay Target Price | 4.4 | -13.3% |
NIO Fundamental Data Overview February 04, 2026
P/E Forward = 434.7826
P/S = 0.1576
P/B = 22.7733
Revenue TTM = 72.54b CNY
EBIT TTM = -8.40b CNY
EBITDA TTM = -14.44b CNY
Long Term Debt = 8.72b CNY (from longTermDebt, last quarter)
Short Term Debt = 8.67b CNY (from shortTermDebt, last quarter)
Debt = 27.64b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 18.37b CNY (from netDebt column, last quarter)
Enterprise Value = 82.88b CNY (79.34b + Debt 27.64b - CCE 24.11b)
Interest Coverage Ratio = -9.06 (Ebit TTM -8.40b / Interest Expense TTM 927.7m)
EV/FCF = -5.02x (Enterprise Value 82.88b / FCF TTM -16.50b)
FCF Yield = -19.91% (FCF TTM -16.50b / Enterprise Value 82.88b)
FCF Margin = -22.74% (FCF TTM -16.50b / Revenue TTM 72.54b)
Net Margin = -31.46% (Net Income TTM -22.82b / Revenue TTM 72.54b)
Gross Margin = 11.24% ((Revenue TTM 72.54b - Cost of Revenue TTM 64.39b) / Revenue TTM)
Gross Margin QoQ = 13.88% (prev 9.98%)
Tobins Q-Ratio = 0.74 (Enterprise Value 82.88b / Total Assets 112.04b)
Interest Expense / Debt = 0.81% (Interest Expense 222.5m / Debt 27.64b)
Taxrate = 21.0% (US default 21%)
NOPAT = -6.64b (EBIT -8.40b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.94 (Total Current Assets 63.06b / Total Current Liabilities 67.32b)
Debt / Equity = 7.53 (Debt 27.64b / totalStockholderEquity, last quarter 3.67b)
Debt / EBITDA = -1.27 (negative EBITDA) (Net Debt 18.37b / EBITDA -14.44b)
Debt / FCF = -1.11 (negative FCF - burning cash) (Net Debt 18.37b / FCF TTM -16.50b)
Total Stockholder Equity = 2.02b (last 4 quarters mean from totalStockholderEquity)
RoA = -21.13% (Net Income -22.82b / Total Assets 112.04b)
RoE = -1132 % (out of range, set to none) (Net Income TTM -22.82b / Total Stockholder Equity 2.02b)
RoCE = -78.26% (EBIT -8.40b / Capital Employed (Equity 2.02b + L.T.Debt 8.72b))
RoIC = -35.31% (negative operating profit) (NOPAT -6.64b / Invested Capital 18.80b)
WACC = 6.93% (E(79.34b)/V(106.98b) * Re(9.12%) + D(27.64b)/V(106.98b) * Rd(0.81%) * (1-Tc(0.21)))
Discount Rate = 9.12% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 17.42%
Fair Price DCF = unknown (Cash Flow -16.50b)
EPS Correlation: 13.00 | EPS CAGR: 7.35% | SUE: 0.18 | # QB: 0
Revenue Correlation: 65.92 | Revenue CAGR: 23.42% | SUE: -0.03 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.59 | Chg30d=+0.004 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=-3.24 | Chg30d=+0.153 | Revisions Net=-1 | Growth EPS=+52.3% | Growth Revenue=+44.8%