XPeng Inc.

NYSE:XPEV Stock Report

Market Cap: US$11.3b

XPeng Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: XPEV ($11.91) is trading above our estimate of fair value ($11.48)

Significantly Below Fair Value: XPEV is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for XPEV. This is calculated by dividing XPEV's market cap by their current revenue.
What is XPEV's PS Ratio?
PS Ratio2.2x
SalesCN¥37.81b
Market CapCN¥81.82b

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for XPEV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.3x
NIO NIO
1.2x23.1%US$10.2b
VFS VinFast Auto
7x40.3%US$9.2b
THO THOR Industries
0.6x5.0%US$6.0b
F Ford Motor
0.2x0.7%US$44.4b
XPEV XPeng
2.2x30.7%US$11.3b

Price-To-Sales vs Peers: XPEV is good value based on its Price-To-Sales Ratio (2.2x) compared to the peer average (2.3x).

Price to Sales Ratio vs Industry

How does XPEV's PS Ratio compare vs other companies in the US Auto Industry?

16 CompaniesPrice / SalesEstimated GrowthMarket Cap
GM General Motors
0.4x1.2%US$64.36b
F Ford Motor
0.2x0.7%US$44.43b
THO THOR Industries
0.6x5.0%US$5.96b
ZK ZEEKR Intelligent Technology Holding
0.6x23.5%US$5.55b
XPEV 2.2xIndustry Avg. 1.1xNo. of Companies16PS048121620+
16 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: XPEV is expensive based on its Price-To-Sales Ratio (2.2x) compared to the US Auto industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is XPEV'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.

XPEV PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.2x
Fair PS Ratio1.8x

Price-To-Sales vs Fair Ratio: XPEV is expensive based on its Price-To-Sales Ratio (2.2x) compared to the estimated Fair Price-To-Sales Ratio (1.8x).

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 XPEV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$11.91
US$14.53
+22.0%
22.1%US$18.02US$6.99n/a25
Nov ’25US$11.52
US$11.47
-0.5%
22.3%US$15.70US$7.02n/a25
Oct ’25US$12.85
US$10.76
-16.3%
19.7%US$15.53US$7.12n/a25
Sep ’25US$8.05
US$10.10
+25.5%
21.6%US$15.35US$6.53n/a25
Aug ’25US$7.63
US$12.15
+59.3%
26.2%US$18.60US$8.02n/a25
Jul ’25US$7.71
US$12.56
+62.9%
26.8%US$20.01US$7.97n/a26
Jun ’25US$8.31
US$12.59
+51.5%
27.1%US$20.10US$7.70n/a26
May ’25US$8.12
US$13.09
+61.2%
29.3%US$20.11US$7.01n/a26
Apr ’25US$7.76
US$14.12
+82.0%
32.8%US$28.21US$7.27n/a26
Mar ’25US$9.95
US$16.72
+68.0%
31.1%US$28.37US$7.29n/a25
Feb ’25US$8.47
US$17.67
+108.7%
26.8%US$28.40US$7.30n/a25
Jan ’25US$14.59
US$19.20
+31.6%
25.9%US$28.81US$8.19n/a25
Dec ’24US$15.74
US$19.41
+23.3%
27.0%US$28.56US$8.12n/a25
Nov ’24US$15.50
US$18.38
+18.6%
30.1%US$27.86US$7.96US$11.5226
Oct ’24US$18.36
US$18.77
+2.3%
28.1%US$27.97US$7.99US$12.8526
Sep ’24US$18.71
US$19.13
+2.3%
28.6%US$28.09US$8.02US$8.0527
Aug ’24US$20.05
US$16.96
-15.4%
44.7%US$32.98US$5.91US$7.6328
Jul ’24US$13.42
US$10.27
-23.5%
27.7%US$15.99US$4.87US$7.7126
Jun ’24US$8.02
US$9.85
+22.8%
24.8%US$14.50US$4.98US$8.3125
May ’24US$9.90
US$12.30
+24.2%
46.0%US$38.18US$6.68US$8.1226
Apr ’24US$11.11
US$12.02
+8.1%
48.9%US$38.32US$4.19US$7.7626
Mar ’24US$8.86
US$13.58
+53.3%
48.0%US$37.93US$4.35US$9.9525
Feb ’24US$11.13
US$14.27
+28.2%
46.8%US$39.14US$4.49US$8.4725
Jan ’24US$9.94
US$14.20
+42.8%
45.7%US$37.85US$4.34US$14.5925
Dec ’23US$9.97
US$16.73
+67.8%
53.0%US$39.38US$4.30US$15.7425
Nov ’23US$6.41
US$25.90
+304.1%
39.6%US$39.84US$3.17US$15.5024

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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