VinFast Auto Ltd.

NasdaqGS:VFS Stock Report

Market Cap: US$9.8b

VinFast Auto Dividends and Buybacks

Dividend criteria checks 0/6

VinFast Auto does not have a record of paying a dividend.

Key information

n/a

Dividend yield

-24.6%

Buyback Yield

Total Shareholder Yield-24.6%
Future Dividend Yieldn/a
Dividend Growthn/a
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Payout ration/a

Recent dividend and buyback updates

No updates

Recent updates

Narrative Update Apr 27

VFS: Expanding Global EV Lineup And Warranties Will Support Upside

Analysts have kept their VinFast Auto price target effectively unchanged at $6.30, citing only very small tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E that do not materially alter their view of the stock’s valuation. What's in the News VF 8 Eco highlighted for design by Pininfarina, 256-mile range, spacious interior, and 15.6-inch central touchscreen with HUD, with an MSRP starting at US$39,900 and competitive leasing and financing policies including 0% APR for up to 84 months and retail bonus incentives (Key Developments) VF 9 three-row fully electric SUV positioned for family use, offering up to 402 horsepower, all-wheel drive, towing capacity of up to 3,968 lbs with braked trailer, cargo volume up to 926 litres, and an all-in starting price of C$77,308, supported by a 10-year/200,000-kilometre vehicle warranty and 10-year unlimited mileage battery warranty (Key Developments) Ownership support for VinFast vehicles outlined through the VinFast app that connects drivers to public charging stations across North America, 24/7 roadside assistance, and in-car services such as Sony RIDEVU for entertainment during longer waits (Key Developments) Company brand architecture clarified into three lines, with VF as the mass-market EV range, Lac Hong as the ultra-luxury marque with new Lac Hong 800S and 900S models, and Green as the commercial mobility brand, covering more than 15 electric vehicle models across segments (Key Developments) VinFast provided 2026 guidance, targeting global deliveries of 300,000 electric vehicles and 2026 two-wheeler deliveries at least 2.5 times 2025 levels, supported by new models and an expanding distribution network in Asian markets including Vietnam, Indonesia, India and the Philippines (Key Developments) Valuation Changes Fair Value: $6.30 remains unchanged, indicating no revision to the overall equity value estimate.
Seeking Alpha Apr 08

VinFast: Recent Rally Fuels Some Skepticism

Summary VinFast Auto shares have recently surged thanks to a large Q4 revenue beat. While featuring impressive sales growth, VinFast is generating very large losses and cash burn. The recent rise in VFS stock puts the valuation quite a bit ahead of the average of non-Tesla peers. Read the full article on Seeking Alpha
Narrative Update Apr 07

VFS: Future Premium EV Lineup And Margins Will Support Upside

Analysts have trimmed their price target on VinFast Auto slightly, with fair value moving from $6.38 to $6.30 as they factor in a higher future P/E of about 118x and a modest adjustment to projected profit margins. What's in the News VinFast highlighted the VF 9 as a fully electric, three row SUV with all wheel drive, up to 402 horsepower and a rated range of up to 518 kilometres per full charge.
Narrative Update Mar 24

VFS: 2025 And 2026 Delivery Expansion Will Support Future Upside

Analysts have kept their VinFast Auto price target steady at $6.38, with the unchanged fair value reflecting updated views on higher discount rates, adjusted revenue growth assumptions, softer profit margin expectations, and a higher future P/E estimate. What's in the News VinFast has completed a new brand structure with three automotive lines: Lac Hong for ultra luxury models, VF for mass market passenger EVs spanning VF 3 to VF 9 and the VF MPV 7, and Green for commercial and service mobility solutions such as Limo Green, Herio Green, Nerio Green and Minio Green (Key Developments).
Narrative Update Mar 10

VFS: 2025 And 2026 Delivery Expansion Will Support Further Upside

Analysts have maintained their VinFast Auto fair value estimate at $6.38 per share. They attribute this to small adjustments in the discount rate, profit margin, and future P/E assumptions rather than a change in their overall view of the stock.
Narrative Update Feb 24

VFS: 2025 And 2026 Delivery Expansion Will Support Further Upside

Analysts have made a small upward tweak to their VinFast Auto price target to $6.38 from $6.36, reflecting updated views on the discount rate, profit margin assumptions, and a higher future P/E multiple. What's in the News VinFast Auto issued delivery guidance for 2026, targeting 300,000 global electric vehicle deliveries for the full year.
Narrative Update Feb 09

VFS: Planned 2025 Delivery Surge To 200,000 Units Will Support Upside

Narrative Update on VinFast Auto Analysts have modestly adjusted their price target on VinFast Auto, keeping fair value at $6.36 while fine tuning assumptions around discount rate, profit margin, and future P/E to reflect updated views on the company’s risk profile and long term earnings potential. What's in the News VinFast Auto issued delivery guidance for full year 2025, indicating an expectation that global EV deliveries will be approximately double its full year 2024 volume of 97,399 vehicles, approaching 200,000 units (Key Developments).
Narrative Update Jan 26

VFS: Planned 2025 Delivery Surge To 200,000 Units Will Support Upside

Analysts have nudged their price target on VinFast Auto slightly higher to US$6.36, reflecting updated assumptions around discount rate, long term profit margin, and future P/E. These changes keep fair value broadly unchanged overall.
Narrative Update Jan 11

VFS: Delivery Expansion To 200,000 Vehicles Will Support Long-Term Position

Analysts have slightly revised their price outlook for VinFast Auto, reflecting updated assumptions for the discount rate, long term profit margin and future P/E. This has led to a modest adjustment in the implied fair value, which is expressed as US$6.36 per share in the current model.
Narrative Update Dec 16

VFS: Electric Bus Expansion Will Support Stronger Long-Term Market Position

Analysts have modestly raised their price target on VinFast Auto, reflecting a slightly higher fair value estimate of approximately 6.36 dollars per share. This change is supported by a lower perceived discount rate and only minor adjustments to long term growth and profitability assumptions.
Seeking Alpha Mar 28

VinFast Auto: A High-Risk, High-Reward EV Play

Summary VinFast Auto has seen significant delivery growth, achieving 342% Y/Y in Q4'24, but continues to incur substantial losses. The EV maker is expanding globally and aims to double deliveries in 2025, potentially reducing operating losses over time. This year, VinFast Auto will continue to roll out new EV models and expand its dealer and service network in overseas markets. Despite initial market euphoria, VinFast Auto's valuation has declined, and shares are now trading 10% below their longer-term average price-to-revenue ratio. Investors should consider VinFast Auto as a speculative investment, given its impressive growth, but there is a high risk due to ongoing financial losses and the need to raise more capital. Read the full article on Seeking Alpha
Seeking Alpha Feb 25

VinFast Auto: Safety Net To Unlock Asia's EV High Growth Potential

Summary VinFast Auto, a Vietnamese EV company, has struggled since its SPAC IPO but is rated a buy with a $7 price target. Despite weak fundamentals and ongoing losses, VFS shows rapid revenue growth and significant market opportunities in Asia, particularly India and Southeast Asia. VFS relies heavily on financing from its parent company, VinGroup, to sustain operations, with a recent $3.5 billion capital injection announced. Competition from Chinese brands poses risks, but VFS's strategic market entry and support from VinGroup provide a bullish outlook for long-term growth. Read the full article on Seeking Alpha
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New Narrative Jan 26

Launching VF6 And VF7 Models And Expanding To Indonesia Will Strengthen Future EV Presence

VinFast's strategic expansion into markets like Vietnam, North America, Indonesia, and the Philippines could drive revenue growth by capturing demand for affordable EVs.
Seeking Alpha Nov 27

VinFast Auto: Strong Growth Stock

Summary VinFast Auto reported better-than-expected Q3 earnings, driven by strong EV deliveries, higher revenue, and a narrowing of losses, indicating a path to profitability. The company achieved 49% Y/Y revenue growth and 115% Y/Y delivery growth, with strong domestic and international delivery momentum. Despite significant losses, VinFast Auto's gross margin improved from (63%) in Q2'24 to (24%) in Q3'24, aided by higher production volumes. With a solid market position in Vietnam and ambitious global expansion plans, VinFast Auto presents an attractive yet high-risk investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha Sep 24

VinFast: Sell This EV Laggard

Summary VinFast's Q2 results were disappointing, with a significant revenue miss and negative gross margins, highlighting ongoing financial struggles and declining average selling prices. The company's balance sheet is concerning, with high debt and negative working capital, although it has $2 billion in available liquidity from its founder and lending facilities. VinFast has reduced its 2024 delivery target and delayed its US facility timeline, leading to lowered analyst revenue estimates and a stretched valuation. Read the full article on Seeking Alpha
Seeking Alpha Sep 17

VinFast Auto Stock: Prepare For Fresh Round Of Selling After Q2 2024 Earnings

Summary The EV sector faces macroeconomic headwinds, intense competition, and slower adoption, leading to a sharp correction in EV stocks. VinFast stock has seen significant volatility, with a steep decline and recent short-term gains, but is expected to face renewed selling. VinFast's Q2 2024 results are likely to disappoint, with significant cash burn, delayed production plans, and potential equity dilution impacting growth. I rate VinFast stock as a "Sell" due to its overvaluation, limited operating history, and better opportunities available in the EV sector. Read the full article on Seeking Alpha
Seeking Alpha Aug 01

VinFast Shares Are Little More Than Lottery Tickets; Sell Them Before They Fall To Zero

Summary Many electric vehicle startups struggle to succeed in the automotive industry, facing financial risks and challenges in meeting technical and performance standards. VinFast, a Vietnamese electric vehicle startup, went public with high hopes but faced a sharp decline in stock value and delivery forecasts, raising concerns about its future. Despite efforts to crack into the car business with battery-electric vehicles, investing in BEV startups like VinFast may pose financial risks due to weak revenue, large losses, and accounting issues. Poor reviews of VinFast vehicles suggest the company falls short engineering, design and technical and will fail to attract consumers. Read the full article on Seeking Alpha
Seeking Alpha May 31

VinFast Auto: A Promising EV Play For Investors

Summary VinFast Auto is aggressively expanding internationally and growing its showroom footprint and deliveries, particularly in the U.S. The company has strong delivery momentum and is experiencing solid demand for its EV products, with a significant number of pre-orders for the VF-3 SUV. VinFast Auto's delivery results in Q1'24 showed a year-over-year increase of 444%. If the EV maker can improve its operating income situation while maintaining its delivery momentum, I see a scenario for an upside revaluation. Read the full article on Seeking Alpha
Seeking Alpha Apr 18

VinFast: Just Keep Selling

Summary VinFast, the Vietnamese electric vehicle company, reported disappointing Q1 results, with revenues falling well short of street expectations and total EV deliveries decreasing. The company's financial picture remains bleak, with large losses, negative gross margins, and increasing debt. Despite a significant drop in share price, VinFast is still overvalued compared to its closest industry peers. Read the full article on Seeking Alpha
Seeking Alpha Apr 01

VinFast Auto: A High-Risk, High-Reward EV Play

Summary VinFast Auto's valuation has plummeted, presenting a great opportunity for EV investors. The company has seen strong growth in electric vehicle deliveries, with revenues soaring in FY 2023. VinFast Auto is not profitable, but deliveries and revenues are growing rapidly. The risk profile is favorable if VinFast Auto can narrow its losses going forward. Read the full article on Seeking Alpha
Seeking Alpha Feb 25

VinFast: Financial Situation Gets Scarier

Summary VinFast, the Vietnamese electric vehicle company, saw its shares collapse after its SPAC merger mega-rally, and its latest results indicate further potential losses. The company plans to expand globally, but it likely will need a lot more capital to do so. VinFast reported significant losses, negative gross margins, and a weak balance sheet, while the valuation still seems stretched. Read the full article on Seeking Alpha
Seeking Alpha Jan 19

VinFast Auto Setting Up To Be A Home Run, But...

Summary VinFast shares have remained stagnant for several months, disappointing investors who acquired the stock at higher levels. VFS stock has fluctuated between $5 and $93 per share, reflecting a 93% decline from its 52-week high. Speculative interest may have influenced the recent correction, rather than a fundamental deterioration in the company's prospects. Read the full article on Seeking Alpha
Seeking Alpha Jan 12

VinFast's Warm Reception In Contrast To Cold Shoulder Chinese EV Makers Are Getting

Summary VinFast, a Vietnamese company, is well-positioned to take advantage of the current geopolitical situation and access both Western and Chinese markets. It will take time to determine if VinFast can be profitable. Its North Carolina plant will start producing cars in 2025, which we will find out shortly after. VinFast's net loss is higher than its total revenues, but it may see a narrowing of losses in the second half of next year. I am currently treating my investment in VinFast stock as a high-risk, high-potential reward bet, which is why my current position is less than 1% of my stock portfolio.  I might buy a bit more, but I want to cap its weight at 2%. Read the full article on Seeking Alpha

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: Insufficient data to determine if VFS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VFS's dividend payments have been increasing.


Dividend Yield vs Market

VinFast Auto Dividend Yield vs Market
How does VFS dividend yield compare to the market?
SegmentDividend Yield
Company (VFS)n/a
Market Bottom 25% (US)1.4%
Market Top 25% (US)4.2%
Industry Average (Auto)2.6%
Analyst forecast (VFS) (up to 3 years)n/a

Notable Dividend: Unable to evaluate VFS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VFS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate VFS's payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VFS has not reported any payouts.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 09:49
End of Day Share Price 2026/05/07 00:00
Earnings2025/12/31
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

VinFast Auto Ltd. is covered by 6 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jesse SobelsonBTIG
Andres Sheppard-SlingerCantor Fitzgerald & Co.
James McIlreeChardan Capital Markets, LLC