Li Auto Inc.

DB:L87A Stock Report

Market Cap: €12.8b

Li Auto Valuation

Is L87A undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of L87A when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

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Below Future Cash Flow Value: L87A (€12.45) is trading above our estimate of future cash flow value (€12.41)

Significantly Below Future Cash Flow Value: L87A is trading above our estimate of future cash flow value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for L87A?

Key metric: As L87A is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for L87A. This is calculated by dividing L87A's market cap by their current revenue.
What is L87A's PS Ratio?
PS Ratio0.9x
SalesCN¥109.37b
Market CapCN¥100.35b

Price to Sales Ratio vs Peers

How does L87A's PS Ratio compare to its peers?

The above table shows the PS ratio for L87A vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.5x
VOW3 Volkswagen
0.1x2.54%€44.2b
P911 Dr. Ing. h.c. F. Porsche
1.2x3.36%€43.7b
BMW Bayerische Motoren Werke
0.3x2.92%€41.7b
MBG Mercedes-Benz Group
0.3x2.69%€44.3b
L87A Li Auto
0.9x12.94%€14.8b

Price-To-Sales vs Peers: L87A is expensive based on its Price-To-Sales Ratio (0.9x) compared to the peer average (0.5x).


Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data


Price to Sales Ratio vs Industry

How does L87A's PS Ratio compare vs other companies in the European Auto Industry?

2 CompaniesPrice / SalesEstimated GrowthMarket Cap
L87A 0.9xIndustry Avg. 0.4xNo. of Companies9PS00.40.81.21.62+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: L87A is expensive based on its Price-To-Sales Ratio (0.9x) compared to the European Auto industry average (0.4x).


Price to Sales Ratio vs Fair Ratio

What is L87A's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

L87A PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.9x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: L87A is expensive based on its Price-To-Sales Ratio (0.9x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst L87A forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€12.45
€16.20
+30.09%
18.12%€23.30€12.12n/a27
Jun ’27€12.60
€16.50
+30.94%
18.06%€23.16€12.05n/a27
May ’27€15.10
€18.02
+19.31%
21.83%€31.08€12.80n/a27
Apr ’27€15.75
€18.70
+18.73%
23.00%€31.26€12.95n/a29
Mar ’27€14.75
€19.99
+35.52%
24.08%€31.41€11.95n/a28
Feb ’27€14.20
€19.98
+40.67%
23.09%€30.95€12.68n/a28
Jan ’27€14.20
€20.79
+46.44%
23.00%€31.00€14.62n/a28
Dec ’26€15.55
€21.39
+37.59%
23.03%€31.04€14.66n/a28
Nov ’26€18.00
€24.64
+36.91%
15.48%€33.53€15.61n/a26
Oct ’26€21.40
€24.78
+15.81%
16.68%€33.26€15.48n/a26
Sep ’26€20.20
€24.87
+23.14%
16.04%€31.45€15.47n/a26
Aug ’26€21.70
€29.80
+37.34%
8.05%€35.01€24.51n/a25
Jul ’26€22.80
€28.45
+24.77%
8.65%€33.52€22.06n/a26
Jun ’26€24.60
€29.69
+20.70%
8.33%€35.23€24.66€12.6026
May ’26€21.60
€29.41
+36.14%
10.07%€34.74€23.64€15.1025
Apr ’26€23.80
€30.45
+27.94%
14.12%€36.91€18.10€15.7527
Mar ’26€29.50
€30.30
+2.70%
14.38%€38.57€18.80€14.7527
Feb ’26€22.80
€28.85
+26.55%
13.25%€37.43€18.77€14.2027
Jan ’26€24.30
€28.81
+18.56%
13.54%€37.46€18.78€14.2027
Dec ’25€22.30
€28.59
+28.19%
13.72%€36.98€18.55€15.5528
Nov ’25€23.30
€27.84
+19.50%
15.79%€36.69€18.40€18.0028
Oct ’25€25.30
€25.55
+0.97%
16.30%€32.16€17.26€21.4028
Sep ’25€17.55
€25.38
+44.64%
16.52%€32.07€17.21€20.2028
Aug ’25€18.95
€30.29
+59.83%
23.19%€49.05€19.50€21.7028
Jul ’25€17.90
€30.84
+72.32%
23.41%€49.25€19.57€22.8027
Jun ’25€18.50
€32.17
+73.89%
23.56%€49.90€20.33€24.6026
€16.48
Fair Value
24.4% undervalued intrinsic discount
27
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 16:42
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Li Auto Inc. is covered by 51 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tianli WenAletheia Analyst Network Limited
Jiong ShaoBarclays
Yuet LeeBernstein