NYSE:NIO

Stock Analysis Report

Executive Summary

NIO Inc. designs, manufactures, and sells electric vehicles in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, and Germany.

Snowflake

Fundamentals

High growth potential with imperfect balance sheet.

Risks

  • NIO has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has NIO's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

8.2%

NYSE:NIO

1.6%

US Auto

2.9%

US Market


1 Year Return

n/a

NYSE:NIO

-9.3%

US Auto

0.2%

US Market

No trading data on NIO.

No trading data on NIO.


Share holder returns

NIOIndustryMarket
7 Day8.2%1.6%2.9%
30 Day-11.9%-10.3%-2.3%
90 Day-21.0%3.3%3.1%
1 Yearn/a-6.7%-9.3%2.4%0.2%
3 Yearn/a17.1%6.1%41.7%32.4%
5 Yearn/a-9.5%-23.7%55.1%37.9%

Price Volatility Vs. Market

How volatile is NIO's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is NIO undervalued based on future cash flows and its price relative to the stock market?

9.64x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for NIO to establish if it is available at moderate discount.

Unable to calculate intrinsic value for NIO to establish if it is available at substantial discount.


Price Based on Earnings

NIO is loss making, we can't compare its value to the US Auto industry average.

NIO is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for NIO, we can't assess if its growth is good value.


Price Based on Value of Assets

NIO is overvalued based on assets compared to the US Auto industry average.


Next Steps

Future Growth

How is NIO expected to perform in the next 1 to 3 years based on estimates from 9 analysts?

38.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

NIO's revenue is expected to grow significantly at over 20% yearly.

NIO's earnings are expected to grow significantly at over 20% yearly.

NIO's revenue growth is expected to exceed the United States of America market average.

NIO's earnings growth is expected to exceed the United States of America market average.

NIO's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if NIO will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.


Next Steps

Past Performance

How has NIO performed over the past 5 years?

-132.9%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

NIO does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.

Unable to compare NIO's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare NIO's 1-year growth to the US Auto industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if NIO has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if NIO has efficiently used its assets last year compared to the US Auto industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if NIO improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is NIO's financial position?


Financial Position Analysis

NIO is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

NIO's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

NIO's level of debt (250%) compared to net worth is high (greater than 40%).

Unable to establish if NIO's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.2x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

NIO has less than a year of cash runway based on current free cash flow.

NIO has less than a year of cash runway if free cash flow continues to grow at historical rates of 53% each year.


Next Steps

Dividend

What is NIO's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate NIO's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate NIO's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as NIO has not reported any payouts.

Unable to verify if NIO's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as NIO has not reported any payouts.


Future Payout to Shareholders

No need to calculate the sustainability of NIO's dividends in 3 years as they are not expected to pay a notable one for United States of America.


Next Steps

Management

What is the CEO of NIO's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average board tenure


CEO

William Li (45yo)

1.6yrs

Tenure

0

Mr. Bin Li, also known as William, is the Founder of Bitauto Holdings Limited and has been its Chairman since 2005. Mr. Li serves as the Founder and Chief Executive Officer at NEXTEV LIMITED. In 2014, He f ...


Board Age and Tenure

0.9yrs

Average Tenure

46yo

Average Age

The average tenure for the NIO board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Louis Hsieh (55yo)

    Chief Financial Officer

    • Tenure: 2.3yrs
  • Lihong Qin (46yo)

    President & Director

    • Tenure: 0.0yrs
  • William Li (45yo)

    Founder

    • Tenure: 1.6yrs
  • Hsien-Tsong Cheng (60yo)

    Co-Founder & Executive VP

    • Tenure: 0.0yrs
  • Nick Wang

    VP & Head of Finance of NIO Group

    • Tenure: 0.0yrs
  • Jade Wei

    Senior Director of Investor Relations

    • Tenure: 0.0yrs
  • Liu Fang

    General Counsel

    • Tenure: 0.0yrs

Board Members

  • James Mitchell (45yo)

    Director

    • Tenure: 0.9yrs
  • Hai Wu (50yo)

    Independent Director

    • Tenure: 3.1yrs
  • Lihong Qin (46yo)

    President & Director

    • Tenure: 0.0yrs
  • William Li (45yo)

    Founder

    • Tenure: 1.6yrs
  • Denny Lee (51yo)

    Independent Director

    • Tenure: 0.9yrs

Company Information

NIO Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: NIO Inc.
  • Ticker: NIO
  • Exchange: NYSE
  • Founded: 2014
  • Industry: Automobile Manufacturers
  • Sector: Automobiles
  • Market Cap: US$3.211b
  • Shares outstanding: 1.05b
  • Website: https://www.nio.com

Number of Employees


Location

  • NIO Inc.
  • Building 20
  • No. 56 AnTuo Road
  • Shanghai
  • 201804
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NIOXNYS (New York Stock Exchange, Inc. Floor)YesSPON ADSUSUSDSep 2018
NIONYSE (New York Stock Exchange)YesSPON ADSUSUSDSep 2018

Biography

NIO Inc. designs, manufactures, and sells electric vehicles in the People’s Republic of China, Hong Kong, the United States, the United Kingdom, and Germany. The company offers five, six, and seven-seater  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 00:52
End of Day Share Price2019/08/21 00:00
Earnings2019/03/31
Annual Earnings2018/12/31


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 here.