NYSE:NIOAuto
NIO (NIO) Stock May Be Undervalued As Shares Stay Down 88%
NIO’s share price has fallen about 88% over the past five years, yet valuation checks now show a mixed picture, with the intrinsic value estimate from a Discounted Cash Flow (DCF) model sitting close to the current price while market multiples still screen the stock as undervalued.
Over five years, NIO is down about 88%, which means any valuation case today is being made against a backdrop of very weak long-term returns.
Analyst optimism around stronger vehicle deliveries, higher margins and...