NIO Inc
SGX:NIO

Watchlist Manager
NIO Inc Logo
NIO Inc
SGX:NIO
Watchlist
Price: 5.02 USD 1.83% Market Closed
Market Cap: 10.5B USD
Section:
 

Relative Value

The Relative Value of one NIO stock under the Base Case scenario is 11.38 USD. Compared to the current market price of 5.02 USD, NIO Inc is Undervalued by 56%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

NIO Relative Value
Base Case
11.38 USD
Undervaluation 56%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.1
P/S
P/S
Price to Sales
1.1
vs History
80
vs Industry
38
Median 3Y
1.5
Median 5Y
2.4
Industry
0.9
Forward
0.9
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-4
Median 5Y
-6.4
Industry
18.6
Forward
-4.7
More Details
40.1
P/OCF
P/OCF
Price to OCF
40.1
vs History
74
vs Industry
10
Median 3Y
43.2
Median 5Y
58.9
Industry
8.4
More Details
7.3
P/FCFE
P/FCFE
Price to FCFE
7.3
vs History
77
vs Industry
31
Median 3Y
7.8
Median 5Y
10.9
Industry
16.3
More Details
21.5
P/B
P/B
Price to Book Value
21.5
vs History
7
vs Industry
10
Median 3Y
4.9
Median 5Y
6.7
Industry
1.6
More Details
1.3
EV/S
EV/S
Enterprise Value to Sales
1.3
vs History
68
vs Industry
50
Median 3Y
1.3
Median 5Y
1.9
Industry
1.2
Forward
1
More Details
11.4
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.4
vs History
79
vs Industry
20
Median 3Y
15.9
Median 5Y
22.7
Industry
5
More Details
Negative
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
N/A
vs History
vs Industry
Median 3Y
-4.1
Median 5Y
-6.5
Industry
8.5
Forward
-8.1
More Details
Negative
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
N/A
vs History
vs Industry
Median 3Y
-3.7
Median 5Y
-5.6
Industry
11.6
Forward
-6.5
More Details
47.1
EV/OCF
EV/OCF
Enterprise Value to OCF
47.1
vs History
53
vs Industry
14
Median 3Y
37.1
Median 5Y
51.3
Industry
8.4
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-34.5
Median 5Y
-39.4
Industry
10.4
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
87
vs Industry
32
Median 3Y
1.6
Median 5Y
2.8
Industry
1.1
More Details

Multiples Across Competitors

NIO Competitors Multiples
NIO Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
NIO Inc
SGX:NIO
11.2B USD 1.1 -3.5 -5.2 -4.6
US
Tesla Inc
NASDAQ:TSLA
1.6T USD 16.7 303.7 143.9 321.3
JP
Toyota Motor Corp
TSE:7203
44.6T JPY 0.9 9.6 7.8 11.8
CN
BYD Co Ltd
SZSE:002594
859.1B CNY 1 22.4 21.6 21.6
DE
Mercedes Benz Group AG
MIL:MBG
75.3B EUR 0.5 4.9 4.5 6.1
US
General Motors Co
NYSE:GM
76.8B USD 0.4 16 6.5 16.8
DE
Daimler AG
XETRA:DAI
67.5B EUR 0.4 3.7 4 5.4
IT
Ferrari NV
MIL:RACE
62.6B EUR 9 39.3 24 31.8
DE
Bayerische Motoren Werke AG
XETRA:BMW
57B EUR 0.4 8.1 5.5 10.3
DE
Volkswagen AG
XETRA:VOW
52.6B EUR 0.2 7.9 2.6 6.9
DE
Mercedes-Benz Group AG
XETRA:MBG
52.9B EUR 0.4 7.8 6.1 11.1
P/E Multiple
Earnings Growth PEG
CN
NIO Inc
SGX:NIO
Average P/E: 42.3
Negative Multiple: -3.5 		N/A N/A
US
Tesla Inc
NASDAQ:TSLA
303.7
8%
38
JP
Toyota Motor Corp
TSE:7203
9.6
-2%
N/A
CN
BYD Co Ltd
SZSE:002594
22.4
17%
1.3
DE
Mercedes Benz Group AG
MIL:MBG
4.9
0%
N/A
US
General Motors Co
NYSE:GM
16
16%
1
DE
Daimler AG
XETRA:DAI
3.7
N/A N/A
IT
Ferrari NV
MIL:RACE
39.3
12%
3.3
DE
Bayerische Motoren Werke AG
XETRA:BMW
8.1
3%
2.7
DE
V
Volkswagen AG
XETRA:VOW
7.9
6%
1.3
DE
Mercedes-Benz Group AG
XETRA:MBG
7.8
-8%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
NIO Inc
SGX:NIO
Average EV/EBITDA: 22.7
Negative Multiple: -5.2 		N/A N/A
US
Tesla Inc
NASDAQ:TSLA
143.9
14%
10.3
JP
Toyota Motor Corp
TSE:7203
7.8
-1%
N/A
CN
BYD Co Ltd
SZSE:002594
21.6
47%
0.5
DE
Mercedes Benz Group AG
MIL:MBG
4.5
4%
1.1
US
General Motors Co
NYSE:GM
6.5
-9%
N/A
DE
Daimler AG
XETRA:DAI
4
N/A N/A
IT
Ferrari NV
MIL:RACE
24
9%
2.7
DE
Bayerische Motoren Werke AG
XETRA:BMW
5.5
4%
1.4
DE
V
Volkswagen AG
XETRA:VOW
2.6
-3%
N/A
DE
Mercedes-Benz Group AG
XETRA:MBG
6.1
-2%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
NIO Inc
SGX:NIO
Average EV/EBIT: 44.3
Negative Multiple: -4.6 		N/A N/A
US
Tesla Inc
NASDAQ:TSLA
321.3
10%
32.1
JP
Toyota Motor Corp
TSE:7203
11.8
N/A N/A
CN
BYD Co Ltd
SZSE:002594
21.6
14%
1.5
DE
Mercedes Benz Group AG
MIL:MBG
6.1
3%
2
US
General Motors Co
NYSE:GM
16.8
-1%
N/A
DE
Daimler AG
XETRA:DAI
5.4
N/A N/A
IT
Ferrari NV
MIL:RACE
31.8
11%
2.9
DE
Bayerische Motoren Werke AG
XETRA:BMW
10.3
1%
10.3
DE
V
Volkswagen AG
XETRA:VOW
6.9
-4%
N/A
DE
Mercedes-Benz Group AG
XETRA:MBG
11.1
-6%
N/A

See Also

Summary
NIO intrinsic value, competitors valuation, and company profile.
DCF Valuation
NIO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
NIO stock valuation using valuation multiples.
Wall Street Estimates
NIO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
NIO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 304,200+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.