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Microvast Holdings, Inc.

MVST

$0.57 ▼ -0.09 (-13.74%) at close

8 Visible periods

30 Metrics

Peer-ranked Benchmarks

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Health

Weak

Bearish

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Analytical Summary

Microvast Holdings, Inc. faces fundamental challenges with weakness in Profit Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $185.1M

Dividend Yield —

Revenue Growth 12.6% ↘

Op. Margin 1.6% ↗

ROIC 1.4% ↗

FCF / Share None

Trailing P/E —

Price / Book 0.5x

FCF Yield —

Debt / Equity 0.26

info Valuation on last close. End-of-day price, Nov 5, 2026.

8-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$427.52M

↑ +12.6% —

Net Income Profit after all expenses

$-29.22M

↑ +85.1% —

Operating Margin Operating profit as % of sales

1.6%

↑ +105.3% 32th

Long-Term Debt Long-term obligations

$13.23M

↓ -67.8% —

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Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns

Financial Health ↑

Financial view

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Annual Quarterly

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📈 Is growth accelerating? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue Growth YoY (%)	12.6% Good ↓ Good Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+319%)	23.9% Excellent ↓ Excellent Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+696%)	49.9% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1565%)	34.6% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1052%)	41.3% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+1278%)	—	—	—
EPS Growth YoY (%)	85.2% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	-79.4% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	34.6% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	58.7% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	—	—	—	—
Net Income Growth YoY (%)	85.1% Excellent ↑ Excellent Improving Year-over-year change in net income	-83.8% Weak ↑ Weak Improving Year-over-year change in net income	32.8% Excellent ↑ Excellent Improving Year-over-year change in net income	23.4% Good Good Year-over-year change in net income	-514.1% Weak Weak Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Revenue CAGR 3Y (%)	27.9% Excellent ↓ Excellent Declining Compound annual revenue growth over 3 years	35.7% Excellent Excellent Compound annual revenue growth over 3 years	41.8% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—	—
Revenue CAGR 5Y (%)	31.8% Excellent Excellent Compound annual revenue growth over 5 years	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Operating Margin (%) (%)	1.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-92%)	-30.6% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-253%)	-34.8% Weak ↑ Weak Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-274%)	-78.2% Weak → Weak Stable Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-491%)	-127.7% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-738%)	-27.1% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-235%)	—	—
Effective Tax Rate (%) (%)	15.4% Good ↑ Good Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.0% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—	—
Profit Margin (%) (%)	-6.8% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-157%)	-51.5% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-529%)	-34.7% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-389%)	-77.4% Weak ↑ Weak Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-745%)	-135.9% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-1232%)	-31.3% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-361%)	—	—
FCF Margin (%) (%) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
FCF / Net Income (x) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Return on Invested Capital (%)	1.4% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-27.1% Weak ↑ Weak Improving Return earned on debt + equity capital invested Optimal: > 10%	-243.9% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	-551.7% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—	—	-12.3% Weak Weak Return earned on debt + equity capital invested Optimal: > 10%	—
Return on Capital (%) (%)	0.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-12.2% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-9.7% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	-16.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-19.5% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-7.2% Weak Weak Operating profit relative to total assets Optimal: > 10%	-0.3% Weak Weak Operating profit relative to total assets Optimal: > 10%	—
Return on Common Equity (%) (%)	-7.1% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-171%)	-50.4% Weak Weak Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-604%)	—	—	—	—	67.3% Excellent Excellent Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Above avg (+573%)	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Debt to Equity (x)	0.26x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-80%)	0.29x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-78%)	—	—	—	—	0.10x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-92%)	—
Interest Coverage (x)	4.29x Fair ↑ Fair Improving Operating income divided by interest expense Optimal: > 5x	-82.63x Weak → Weak Stable Operating income divided by interest expense Optimal: > 5x	-167.03x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-48.13x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-35.86x Weak Weak Operating income divided by interest expense Optimal: > 5x	-5.07x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—
Net Debt (USD)	$1.32M	$38.72M	$34.61M	$-185.03M	$-467.63M	$-9.31M	$359.70K	$-17.50K
Debt / EBITDA (x)	15.22x Weak ↑ Weak Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.96x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.74x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.29x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.07x Excellent ↑ Excellent Improving Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.42x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-0.64x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Revenue per Share (USD)	$1.32	$1.19	$0.99	$0.67	$0.82	—	—	—
Basic EPS, GAAP (USD)	$-0.09	$-0.61	$-0.34	$-0.52	$-1.26	—	—	—
Free Cash Flow per Share (USD) N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Book Value per Share (USD)	$1.24	$1.20	—	—	—	—	$0.60	$0.00
Tangible Book Value per Share (USD)	$1.23	$1.19	—	—	—	—	$0.60	$0.00
Basic Weighted Avg Shares (shares)	324.69M	318.46M	310.91M	303.28M	185.90M	—	—	—

🏦 How resilient is the balance sheet? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Working Capital (USD)	$-39.62M	$97.87M	$22.20M	$292.66M	$531.01M	$5.70M	$127.31K	$-58.27K
LT Debt (USD)	$13.23M	$41.06M	$43.76M	$29.00M	$0.00	—	—	—
Total Equity (USD)	$410.51M	$387.89M	—	—	—	—	$5.00M	$25.41K

📋 What is driving earnings? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Apr 20, 2020 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗
Sales/Revenue/Turnover (USD)	$427.52M	$379.80M	$306.62M	$204.50M	$151.98M	$107.52M	—	—
Net Income, GAAP (USD)	$-29.22M	$-195.46M	$-106.34M	$-158.20M	$-206.48M	$-33.62M	$3.37M	—
Operating Cash Flow (USD)	$75.91M	$2.81M	$-75.30M	$-53.93M	$-45.04M	$15.56M	$-1.63M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 4 days ago 8 years · 31 quarters

Microvast Holdings, Inc.

Analytical Summary

8-Year Financial Trajectory

Bullish Indicators

Bearish Risks

Health Breakdown

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