NIOCAUTIOUS

EV/EBITDA

-36.8x

Updated 100h ago

Sector Performance

3th percentile

NIO

-36.8x

Sector Median

13.7x

Sector Avg

18.4x

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Deep Analysis

NIO's current EV/EBITDA of -36.8x means its enterprise value (total market value including debt) is negative relative to its earnings before interest, taxes, depreciation, and amortization — a negative ratio indicates the company is not generating positive EBITDA at present.

Compared to sector peers, the sector median is 13.6x, and NIO sits in the 3rd percentile, meaning only 3% of peers have a lower (more negative) EV/EBITDA. The metric has been decreasing over the last eight quarters, with a year-over-year change of -550.6% (becoming far more negative) and a quarter-over-quarter change of -2.2% (still slightly worse). A deeply negative and worsening EV/EBITDA suggests the company's earnings power is declining relative to its valuation, pointing to elevated financial risk and limited near-term profitability prospects. This combination strongly contradicts any bullish case and directly supports the overall CAUTIOUS verdict on the stock.

Frequently Asked Questions

What does the EV/EBITDA tell investors about NIO?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are NIO's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SG (-17.5x), LSPD (-24.2x), BRZE (-24.5x), EVGO (-25.7x), SNAP (-38.8x).

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.