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MICROVAST HOLDINGS INC (MVST) Stock Fundamental Analysis

NASDAQ:MVST - Nasdaq - US59516C1062 - Common Stock - Currency: USD

1.83  +0.18 (+10.91%)

After market: 1.82 -0.01 (-0.55%)

Fundamental Rating

2

MVST gets a fundamental rating of 2 out of 10. The analysis compared the fundamentals against 128 industry peers in the Machinery industry. Both the profitability and financial health of MVST have multiple concerns. MVST is quite expensive at the moment. It does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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1

1. Profitability

1.1 Basic Checks

In the past year MVST has reported negative net income.
MVST had a positive operating cash flow in the past year.
MVST had negative earnings in each of the past 5 years.
In multiple years MVST reported negative operating cash flow during the last 5 years.
MVST Yearly Net Income VS EBIT VS OCF VS FCFMVST Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2018 2019 2020 2021 2022 2023 2024 0 -50M -100M -150M -200M -250M

1.2 Ratios

MVST has a Return On Assets of -20.53%. This is amonst the worse of the industry: MVST underperforms 82.81% of its industry peers.
MVST's Return On Equity of -50.39% is on the low side compared to the rest of the industry. MVST is outperformed by 81.25% of its industry peers.
Industry RankSector Rank
ROA -20.53%
ROE -50.39%
ROIC N/A
ROA(3y)-15.43%
ROA(5y)-17.97%
ROE(3y)-31.68%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
MVST Yearly ROA, ROE, ROICMVST Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2018 2019 2020 2021 2022 2023 2024 0 -100K -200K -300K

1.3 Margins

MVST has a Gross Margin (31.48%) which is in line with its industry peers.
MVST does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 31.48%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
MVST Yearly Profit, Operating, Gross MarginsMVST Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150

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1

2. Health

2.1 Basic Checks

MVST does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for MVST has been increased compared to 1 year ago.
Compared to 5 years ago, MVST has more shares outstanding
MVST has a worse debt/assets ratio than last year.
MVST Yearly Shares OutstandingMVST Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
MVST Yearly Total Debt VS Total AssetsMVST Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

MVST has an Altman-Z score of -0.53. This is a bad value and indicates that MVST is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -0.53, MVST is not doing good in the industry: 82.03% of the companies in the same industry are doing better.
MVST has a Debt/Equity ratio of 0.80. This is a neutral value indicating MVST is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.80, MVST is doing worse than 71.09% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF N/A
Altman-Z -0.53
ROIC/WACCN/A
WACC9.24%
MVST Yearly LT Debt VS Equity VS FCFMVST Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M 600M

2.3 Liquidity

MVST has a Current Ratio of 1.30. This is a normal value and indicates that MVST is financially healthy and should not expect problems in meeting its short term obligations.
MVST's Current ratio of 1.30 is on the low side compared to the rest of the industry. MVST is outperformed by 85.94% of its industry peers.
MVST has a Quick Ratio of 1.30. This is a bad value and indicates that MVST is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.86, MVST is doing worse than 75.00% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 1.3
Quick Ratio 0.86
MVST Yearly Current Assets VS Current LiabilitesMVST Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M

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6

3. Growth

3.1 Past

MVST shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.53%.
MVST shows a strong growth in Revenue. In the last year, the Revenue has grown by 23.87%.
MVST shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 37.81% yearly.
EPS 1Y (TTM)-23.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.5%
Revenue 1Y (TTM)23.87%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%8.43%

3.2 Future

MVST is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 32.76% yearly.
MVST is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 17.37% yearly.
EPS Next Y109.71%
EPS Next 2Y56.11%
EPS Next 3Y32.76%
EPS Next 5YN/A
Revenue Next Year29.35%
Revenue Next 2Y27.28%
Revenue Next 3Y20.42%
Revenue Next 5Y17.37%

3.3 Evolution

Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
MVST Yearly Revenue VS EstimatesMVST Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 200M 400M 600M 800M 1B
MVST Yearly EPS VS EstimatesMVST Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 0 -0.2 -0.4

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2

4. Valuation

4.1 Price/Earnings Ratio

MVST reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
With a Price/Forward Earnings ratio of 89.71, MVST can be considered very expensive at the moment.
67.97% of the companies in the same industry are cheaper than MVST, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.08, MVST is valued quite expensively.
Industry RankSector Rank
PE N/A
Fwd PE 89.71
MVST Price Earnings VS Forward Price EarningsMVST Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60 80

4.2 Price Multiples

MVST's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. MVST is more expensive than 73.44% of the companies in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 143.17
MVST Per share dataMVST EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 0.5 1

4.3 Compensation for Growth

MVST's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as MVST's earnings are expected to grow with 32.76% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y56.11%
EPS Next 3Y32.76%

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0

5. Dividend

5.1 Amount

MVST does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

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MICROVAST HOLDINGS INC

NASDAQ:MVST (4/17/2025, 8:00:00 PM)

After market: 1.82 -0.01 (-0.55%)

1.83

+0.18 (+10.91%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)03-31 2025-03-31/amc
Earnings (Next)05-07 2025-05-07/amc
Inst Owners13.08%
Inst Owner Change0.12%
Ins Owners28.04%
Ins Owner Change1.11%
Market Cap595.13M
Analysts82.5
Price Target3.4 (85.79%)
Short Float %9.84%
Short Ratio2.14
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)10.35%
Min Revenue beat(2)-0.3%
Max Revenue beat(2)20.99%
Revenue beat(4)2
Avg Revenue beat(4)6.87%
Min Revenue beat(4)-11.17%
Max Revenue beat(4)20.99%
Revenue beat(8)6
Avg Revenue beat(8)9%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)-150%
EPS NQ rev (3m)-150%
EPS NY rev (1m)-80%
EPS NY rev (3m)-80%
Revenue NQ rev (1m)-1.66%
Revenue NQ rev (3m)-1.66%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE 89.71
P/S 1.57
P/FCF N/A
P/OCF 211.49
P/B 1.53
P/tB 1.54
EV/EBITDA 143.17
EPS(TTM)-0.21
EYN/A
EPS(NY)0.02
Fwd EY1.11%
FCF(TTM)-0.08
FCFYN/A
OCF(TTM)0.01
OCFY0.47%
SpS1.17
BVpS1.19
TBVpS1.18
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -20.53%
ROE -50.39%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 31.48%
FCFM N/A
ROA(3y)-15.43%
ROA(5y)-17.97%
ROE(3y)-31.68%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.4
Health
Industry RankSector Rank
Debt/Equity 0.8
Debt/FCF N/A
Debt/EBITDA 62.68
Cap/Depr 90.77%
Cap/Sales 7.3%
Interest Coverage N/A
Cash Conversion 56.67%
Profit Quality N/A
Current Ratio 1.3
Quick Ratio 0.86
Altman-Z -0.53
F-Score5
WACC9.24%
ROIC/WACCN/A
Cap/Depr(3y)552.36%
Cap/Depr(5y)438.43%
Cap/Sales(3y)47.33%
Cap/Sales(5y)43.43%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.53%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%87.5%
EPS Next Y109.71%
EPS Next 2Y56.11%
EPS Next 3Y32.76%
EPS Next 5YN/A
Revenue 1Y (TTM)23.87%
Revenue growth 3Y35.7%
Revenue growth 5Y37.81%
Sales Q2Q%8.43%
Revenue Next Year29.35%
Revenue Next 2Y27.28%
Revenue Next 3Y20.42%
Revenue Next 5Y17.37%
EBIT growth 1Y76.47%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year215.69%
EBIT Next 3Y62.69%
EBIT Next 5Y37.43%
FCF growth 1Y90.5%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y103.74%
OCF growth 3YN/A
OCF growth 5Y-26.78%