MVST - Microvast Holdings, Inc. Stock Price, Fair Value and News

0.52USD-0.01 (-1.89%)Market Closed

Market Summary

USD0.52-0.01

Market Closed

-1.89%

MVST Stock Price

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MVST RSI Chart

MVST Valuation

Market Cap

164.9M

Price/Earnings (Trailing)

-1.55

Price/Sales (Trailing)

0.54

EV/EBITDA

-1.58

Price/Free Cashflow

-0.63

MVST Price/Sales (Trailing)

MVST Profitability

Operating Margin

18.66%

EBT Margin

-34.70%

Return on Equity

-18.85%

Return on Assets

-9.7%

Free Cashflow Yield

-158.89%

MVST Fundamentals

MVST Revenue

Revenue (TTM)

306.6M

Rev. Growth (Yr)

61.39%

Rev. Growth (Qtr)

30.53%

MVST Earnings

Earnings (TTM)

-106.3M

Earnings Growth (Yr)

27.19%

Earnings Growth (Qtr)

6.1%

Breaking Down MVST Revenue

Last 30 days

-3.7%

Last 90 days

-47.5%

Trailing 12 Months

-56.3%

How does MVST drawdown profile look like?

MVST Financial Health

Current Ratio

1.06

Debt/Equity

0.08

Debt/Cashflow

-1.72

MVST Investor Care

Shares Dilution (1Y)

2.34%

Diluted EPS (TTM)

-0.34

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	214.8M	225.3M	266.8M	306.6M
2022	173.7M	204.7M	206.5M	204.5M
2021	115.5M	127.2M	133.3M	152.0M
2020	84.2M	92.0M	99.7M	107.5M
2019	141.6M	109.0M	0	76.4M
2018	0	0	0	174.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Microvast Holdings, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 01, 2024	ying wei	acquired	-	-	57,142	-
Jan 01, 2024	wong arthur lap tat	acquired	-	-	14,285	-
Jan 01, 2024	balladon yeelong	acquired	-	-	8,482	-
Nov 14, 2023	zheng yanzhuan	sold	-1,300,000	1.3	-1,000,000	-
Oct 09, 2023	whittingham michael stanley	back to issuer	-	-	-54,166	-
Sep 15, 2023	zheng yanzhuan	sold	-632,278	2.02	-313,009	-
Aug 22, 2023	webster craig	bought	21,320	1.64	13,000	chief financial officer
Aug 15, 2023	whittingham michael stanley	acquired	-	-	63,583	-
Aug 15, 2023	balladon yeelong	acquired	-	-	53,671	-
Aug 15, 2023	ying wei	acquired	-	-	68,539	-

Which funds bought or sold MVST recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 12, 2024	Financial Synergies Wealth Advisors, Inc.	unchanged	-	-299	362	-%
Apr 11, 2024	Single Point Partners, LLC	sold off	-100	-28,000	-	-%
Apr 05, 2024	CWM, LLC	reduced	-87.8	-	-	-%
Apr 03, 2024	WealthCollab, LLC	new	-	245	245	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	reduced	-49.99	-5,325	3,133	-%
Mar 21, 2024	HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND	sold off	-100	-497,257	-	-%
Mar 11, 2024	VANGUARD GROUP INC	reduced	-23.89	-10,319,800	13,335,700	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	added	260	968,066	1,548,020	-%
Feb 29, 2024	Tortoise Investment Management, LLC	unchanged	-	-1.00	3.00	-%
Feb 28, 2024	AMERICAN INTERNATIONAL GROUP, INC.	added	103	50,464	149,617	-%

Are Funds Buying or Selling MVST?

Are funds buying MVST calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MVST

No. of Funds

Unveiling Microvast Holdings, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 05, 2024	blackrock inc.	4.9%	15,586,956	SC 13G/A
Feb 02, 2024	blackrock inc.	5.3%	16,668,819	SC 13G
Jul 17, 2023	international finance corp	4.25%	13,154,320	SC 13G
Feb 24, 2023	international finance corp	5.12%	15,832,638	SC 13G
Feb 15, 2022	cdh griffin holdings co ltd	13.5%	40,435,753	SC 13G

Recent SEC filings of Microvast Holdings, Inc.

View All Filings

Date Filed	Form Type	Document
Apr 12, 2024	8-K	Current Report
Apr 05, 2024	SC 13G/A	Major Ownership Report
Apr 02, 2024	8-K	Current Report
Apr 01, 2024	8-K	Current Report
Apr 01, 2024	10-K	Annual Report
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading
Mar 29, 2024	4	Insider Trading

Peers (Alternatives to Microvast Holdings, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CARR	48.7B	22.1B	-4.97%	21.09%	33.85	2.21	8.21%	-59.82%
BLDR	21.9B	17.1B	-8.16%	85.45%	14.2	1.28	-24.77%	-43.97%
HUBB	21.0B	5.4B	-2.10%	67.58%	27.61	3.9	8.59%	39.18%
CSL	17.6B	4.8B	0.47%	69.55%	22.95	3.64	-14.85%	-16.95%
LECO	13.5B	4.2B	-4.86%	47.02%	24.68	3.21	11.44%	15.46%
MID-CAP
AYI	7.7B	3.9B	-5.39%	53.28%	20.28	1.99	-6.35%	-0.40%
AAON	7.0B	1.2B	4.10%	33.10%	39.64	6.03	31.47%	76.96%
ATKR	6.3B	3.5B	-4.49%	26.64%	9.55	1.8	-10.84%	-25.77%
AEIS	3.4B	1.7B	-2.98%	2.20%	26.89	2.08	-10.27%	-35.75%
PLUG	1.9B	891.3M	-16.00%	-69.73%	-1.36	2.1	27.07%	-89.06%
SMALL-CAP
APOG	1.2B	1.4B	-2.30%	27.92%	11.86	0.88	-1.78%	53.96%
ACTG	481.5M	130.3M	-1.83%	25.85%	7.18	3.69	54.06%	153.62%
ACCO	459.5M	1.8B	-7.62%	-3.96%	-21.08	0.25	-5.89%	-65.15%
FCEL	451.9M	103.0M	-6.54%	-53.92%	-4.94	4.39	-24.12%	24.29%
APT	70.1M	61.2M	9.20%	50.86%	16.75	1.15	-1.21%	27.64%

Microvast Holdings, Inc. News

Latest updates

Microvast Holdings, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																				(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q2	2019Q1	2018Q4
Revenue	30.5%	104,575,000	80,116,000	74,953,000	46,973,000	64,797,000	38,616,000	64,414,000	36,668,000	66,772,000	36,894,000	33,372,000	14,938,000	48,118,000	30,753,000	21,698,000	83,758,726	145,819,451	207,880,177	269,940,902	-
Cost Of Revenue	31.0%	81,551,000	62,232,000	63,492,000	42,115,000	62,571,000	36,623,000	59,573,000	36,655,000	65,619,000	72,779,000	40,146,000	16,175,000	39,428,000	27,075,000	18,144,000	-	-	-	-	-
Gross Profit	28.7%	23,024,000	17,884,000	11,461,000	4,858,000	2,226,000	1,993,000	4,841,000	13,000	1,153,000	-35,885,000	-6,774,000	-1,237,000	8,690,000	3,678,000	3,554,000	-	-	-	-	-
Operating Expenses	3.1%	46,037,000	44,674,000	38,964,000	36,234,000	37,291,000	39,603,000	50,389,000	43,408,000	52,197,000	77,956,000	15,779,000	11,516,000	20,095,126	12,735,000	10,688,000	228,749	56,345,337	195,350	-	-
S&GA Expenses	11.1%	6,698,000	6,031,000	5,897,000	4,988,000	5,242,000	5,561,000	5,810,000	5,998,000	7,189,000	7,380,000	3,706,000	3,156,000	4,297,000	3,456,000	2,686,000	-	-	-	-	-
R&D Expenses	-13.9%	11,395,000	13,241,000	9,507,000	10,861,000	10,498,000	11,457,000	10,244,000	11,309,000	11,186,000	13,518,000	5,895,000	3,786,000	4,119,000	4,558,000	4,242,000	-	-	-	-	-
EBITDA Margin	20.2%	-0.34	-0.42	-0.46	-0.56	-0.66	-0.72	-1.11	-1.21	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	142.6%	1,191,000	491,000	487,000	459,000	858,000	774,000	895,000	796,000	781,000	1,247,000	1,537,000	1,846,000	1,504,000	1,397,000	1,357,000	-	-	-	-	-
Income Taxes	-	10,000	-	-	-	33,000	-	-	-	-324,000	106,000	109,000	109,000	-170,296	-270,000	137,000	470,593	-461,041	343,630	75,314	-
Earnings Before Taxes	6.1%	-24,581,000	-26,172,000	-26,078,000	-29,571,000	-33,665,000	-36,544,000	-44,182,000	-43,776,000	-46,963,000	-116,370,000	-26,960,000	-16,190,000	-11,237,024	-10,359,000	-7,720,000	2,374,048	-62,568,769	1,608,439	358,639	-792
EBT Margin	19.8%	-0.35	-0.43	-0.56	-0.67	-0.77	-0.83	-1.23	-1.35	-1.36	-1.28	-0.51	-0.39	-0.25	-	-	-	-	-	-	-
Net Income	6.1%	-24,536,000	-26,130,000	-26,089,000	-29,581,000	-33,698,000	-36,544,000	-44,182,000	-43,776,000	-46,639,000	-116,476,000	-27,069,000	-16,299,000	-11,066,727	-10,089,000	-7,857,000	1,903,455	-62,291,835	1,264,809	283,325	-792
Net Income Margin	19.9%	-0.35	-0.43	-0.56	-0.67	-0.77	-0.83	-1.23	-1.35	-1.36	-1.28	-0.51	-0.39	-0.25	-	-	-	-	-	-	-
Free Cashflow	57.3%	-38,167,000	-89,286,000	-87,550,000	-47,088,000	-61,491,000	-11,867,000	-65,475,000	-65,975,000	-67,530,000	-20,488,000	-17,280,000	-27,603,000	6,487,000	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	7.9%	1,097	1,017	998	1,004	985	973	972	999	995	990	415	282	405	283	283	283	416	280	279	277	-
Current Assets	5.4%	426	404	427	497	545	568	611	653	707	751	180	0.00	189	0.00	0.00	0.00	207	1.00	1.00	1.00	0.00
Cash Equivalents	-33.9%	45.00	67.00	143	200	231	296	334	416	481	573	13.00	10.00	21.00	0.00	0.00	0.00	42.00	0.00	1.00	1.00	12.00
Inventory	18.0%	150	127	87.00	88.00	84.00	82.00	64.00	58.00	53.00	48.00	55.00	-	45.00	6.00	-	-	57.00	-	-	-	7.00
Net PPE	12.9%	621	550	498	443	335	286	278	271	253	223	218	-	198	-	-	-	191	-	-	-	-
Liabilities	18.5%	533	449	418	398	372	357	318	341	309	274	312	351	389	260	130	1.00	1.00	0.00	1.00	0.00	0.00
Current Liabilities	19.9%	403	336	293	278	252	232	226	181	176	154	161	1.00	184	1.00	0.00	1.00	196	-	1.00	0.00	0.00
Short Term Borrowings	42.6%	35.00	25.00	18.00	22.00	17.00	7.00	9.00	13.00	13.00	23.00	17.00	-	12.00	-	-	-	12.00	-	-	-	-
Long Term Debt	41.9%	44.00	31.00	31.00	29.00	29.00	38.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	-0.2%	564	565	580	606	613	616	6.00	657	6.00	717	-	-	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	0.00
Retained Earnings	-2.8%	-897	-872	-846	-820	-791	-757	-720	-676	-632	-585	-465	-4.47	-398	5.00	5.00	5.00	-320	2.00	2.00	0.00	-792*
Additional Paid-In Capital	0.9%	1,481	1,468	1,452	1,434	1,416	1,398	1,379	1,320	1,306	1,291	-	-	4.00	0.00	0.00	-	4.00	3.00	3.00	5.00	0.00
Shares Outstanding	0.1%	315	315	308	308	308	306	301	299	299	148	99.00	99.00	99.00	-	-	-	-	-	-	-	-
Minority Interest	-100.0%	-	2.00	2.00	2.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	-	-	468	-	-	-	381.80*	-	-	-	282	-	-	-	273	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	83.1%	-4,953	-29,342	-29,842	-11,166	4,667	4,940	-38,621	-24,914	-20,386	-9,628	-12,851	-2,174	9,757	5,539	370	-109	14,487	-836	-251	-27.59	-342*
Share Based Compensation	-16.0%	13,330	15,862	17,850	17,929	17,883	19,275	25,520	28,130	24,604	58,290	-	-	-	-	-	-	-	-	-	-	-
Cashflow From Investing	79.1%	-12,485	-59,719	-57,576	-35,825	-91,226	-16,806	-26,853	-41,060	-47,144	-10,860	-4,429	-25,429	-3,249	-2,986	-11,604	166	271,326	250	470	-276,000	-
Cashflow From Financing	204.5%	20,888	6,860	909	4,384	-29,259	38,092	-3,866	-	-9,421	597,906	12,705	23,759	1,853	-362	-	-	-328,999	-	-	276,819	18.00

MVST Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	$ 306,617	$ 204,495	$ 151,976
Cost of revenues	(249,390)	(195,422)	(194,719)
Gross profit	57,227	9,073	(42,743)
Operating expenses:
General and administrative expenses	(97,291)	(104,572)	(101,632)
Research and development expenses	(45,004)	(43,508)	(34,385)
Selling and marketing expenses	(23,614)	(22,611)	(21,431)
Total operating expenses	(165,909)	(170,691)	(157,448)
Subsidy income	1,953	1,672	6,127
Loss from operations	(106,729)	(159,946)	(194,064)
Other income and expenses:
Interest income	3,609	3,179	446
Interest expense	(2,628)	(3,323)	(5,411)
Loss on changes in fair value of Bridge Notes	0	0	(9,861)
Gain on changes in fair value of warrant liability	59	979	2,469
Other (expense) income, net	(713)	944	(62)
Loss before provision for income tax	(106,402)	(158,167)	(206,483)
Income tax expense	(10)	(33)	0
Net loss	(106,412)	(158,200)	(206,483)
Less: Net loss attributable to noncontrolling interest	(76)	0	0
Net loss attributable to Microvast Holdings, Inc.	(106,336)	(158,200)	(206,483)
Less: Accretion of Series C1 Preferred	0	0	2,257
Less: Accretion of Series C2 Preferred	0	0	5,132
Less: Accretion of Series D1 Preferred	0	0	10,708
Less: Accretion for noncontrolling interests	0	0	9,523
Net loss attributable to common stock shareholders of Microvast Holdings, Inc.	$ (106,336)	$ (158,200)	$ (234,103)
Net loss per share attributable to common stock shareholders of Microvast Holdings, Inc.
Basic (in dollars per share)	$ (0.34)	$ (0.52)	$ (1.26)
Diluted (in dollars per share)	$ (0.34)	$ (0.52)	$ (1.26)
Weighted average shares used in calculating net loss per share of common stock:
Weighted average shares used in calculating net loss per share of common stock, basic (in shares)	310,909,379	303,279,188	185,896,482
Weighted average shares used in calculating net loss per share of common stock, diluted (in shares)	310,909,379	303,279,188	185,896,482

MVST Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 44,541	$ 231,420
Restricted cash, current	37,477	70,732
Short-term investments	5,634	25,070
Accounts receivable (net of allowance for credit losses of $4,407 and $4,571 as of December 31, 2022 and 2023, respectively)	138,717	119,304
Notes receivable	23,736	2,196
Inventories, net	149,749	84,252
Prepaid expenses and other current assets	25,752	12,093
Total Current Assets	425,606	545,067
Restricted cash, non-current	6,171	465
Property, plant and equipment, net	620,667	335,140
Land use rights, net	11,984	12,639
Acquired intangible assets, net	3,136	1,636
Operating lease right-of-use assets	19,507	16,368
Other non-current assets	9,661	73,642
Total Assets	1,096,732	984,957
Current liabilities:
Accounts payable	112,618	44,985
Notes payable	63,374	68,441
Accrued expenses and other current liabilities	148,284	66,720
Advance from customers	43,087	54,207
Short-term bank borrowings	35,392	17,398
Income tax payables	655	658
Total Current Liabilities	403,410	252,409
Long-term bank borrowings	43,761	28,997
Long-term bonds payable	43,157	43,888
Warrant liability	67	126
Share-based compensation liability	199	131
Operating lease liabilities	17,087	14,347
Other non-current liabilities	24,861	32,082
Total Liabilities	532,542	371,980
Commitments and contingencies (Note 28)
Shareholders’ Equity
Common Stock (par value of US$0.0001 per share, 750,000,000 shares authorized as of December 31, 2022 and 2023; 309,316,011 and 316,694,442 shares issued, and 307,628,511 and 315,006,942 shares outstanding as of December 31, 2022 and 2023)	32	31
Additional paid-in capital	1,481,241	1,416,160
Statutory reserves	6,032	6,032
Accumulated deficit	(897,501)	(791,165)
Accumulated other comprehensive loss	(25,614)	(18,081)
Total Equity	564,190	612,977
Total Liabilities and Equity	$ 1,096,732	$ 984,957

About Microvast Holdings, Inc.

Microvast Holdings, Inc. designs, develops, and manufactures battery systems for electric vehicles and energy storage systems in the United States, China, rest of the Asia Pacific, and Europe. The company offers a range of cell chemistries, such as lithium titanate oxide, lithium iron phosphate, and nickel manganese cobalt version 1 and 2. It also designs, develops, and manufactures battery components, such as cathode, anode, electrolyte, and separator. In addition, the company offers battery solutions for commercial vehicles and energy storage systems. Its commercial vehicle markets cover buses, trains, mining trucks, marine and port applications, and automated guided and specialty vehicles, as well as light, medium, heavy-duty trucks. Microvast Holdings, Inc. was incorporated in 2006 and is headquartered in Stafford, Texas.

CEO	Mr. Yang Wu
WEBSITE	microvast.com
INDUSTRY	Communication Equipment
EMPLOYEES	1535

Microvast Holdings, Inc. Frequently Asked Questions

What is the ticker symbol for Microvast Holdings, Inc.? What does MVST stand for in stocks?

MVST is the stock ticker symbol of Microvast Holdings, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Microvast Holdings, Inc. (MVST)?

As of Wed Apr 17 2024, market cap of Microvast Holdings, Inc. is 164.95 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MVST stock?

You can check MVST's fair value in chart for subscribers.

What is the fair value of MVST stock?

You can check MVST's fair value in chart for subscribers. The fair value of Microvast Holdings, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Microvast Holdings, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MVST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Microvast Holdings, Inc. a good stock to buy?

The fair value guage provides a quick view whether MVST is over valued or under valued. Whether Microvast Holdings, Inc. is cheap or expensive depends on the assumptions which impact Microvast Holdings, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MVST.

What is Microvast Holdings, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 17 2024, MVST's PE ratio (Price to Earnings) is -1.55 and Price to Sales (PS) ratio is 0.54. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MVST PE ratio will change depending on the future growth rate expectations of investors.