5 years of historical data (2020–2024) · Consumer Cyclical · Auto - Manufacturers
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
VinFast Auto Ltd. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Market Cap | $7.6B | $9.4B | $19.3B | — | — | — |
| Enterprise Value | $13.1B | $143.10T | $122.57T | — | — | — |
| P/E Ratio → | -2.57 | — | — | — | — | — |
| P/S Ratio | 4.52 | 0.00 | 0.00 | — | — | — |
| P/B Ratio | — | — | — | — | — | — |
| P/FCF | — | — | — | — | — | — |
| P/OCF | — | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.25 | 4.40 | — | — | — |
| EV / EBITDA | — | — | — | — | — | — |
| EV / EBIT | — | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
VinFast Auto Ltd. earns an operating margin of -125.9%, below the Consumer Cyclical sector average of 2.4%. Operating margins have expanded from -319.9% to -125.9% over the past 3 years, signaling improving operational efficiency.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Gross Margin | -57.4% | -57.4% | -49.2% | -93.7% | -57.7% | -48.9% |
| Operating Margin | -125.9% | -125.9% | -150.5% | -319.9% | -168.9% | -96.8% |
| Net Profit Margin | -175.5% | -175.5% | -215.8% | -379.7% | -200.8% | -138.4% |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | -306.6% |
| ROA | -51.0% | -51.0% | -46.2% | -53.2% | -36.1% | -20.4% |
| ROIC | -78.9% | -78.9% | -74.3% | -286.4% | -73.3% | -16.7% |
| ROCE | — | — | -198.9% | -196.3% | -76.4% | -18.2% |
Solvency and debt-coverage ratios — lower is generally safer
Net debt stands at $143.1T ($146.4T total debt minus $3.3T cash).
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | 8.78 |
| Debt / EBITDA | — | — | — | — | — | — |
| Net Debt / Equity | — | — | — | — | — | 8.65 |
| Net Debt / EBITDA | — | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — |
| Interest Coverage | -3.54 | -3.54 | -3.48 | -6.83 | -7.86 | -3.58 |
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.38x is below 1.0, meaning current liabilities exceed current assets — though the company's $3.3T cash position helps mitigate short-term liquidity concerns. The current ratio has declined from 0.68x to 0.38x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Current Ratio | 0.38 | 0.38 | 0.33 | 0.68 | 0.31 | 1.02 |
| Quick Ratio | 0.22 | 0.22 | 0.13 | 0.35 | 0.23 | 0.75 |
| Cash Ratio | 0.02 | 0.02 | 0.03 | 0.06 | 0.03 | 0.04 |
| Asset Turnover | — | 0.28 | 0.19 | 0.12 | 0.19 | 0.15 |
| Inventory Turnover | 2.48 | 2.48 | 1.38 | 1.25 | 3.78 | 3.81 |
| Days Sales Outstanding | — | 160.92 | 7.42 | 17.59 | 13.66 | 10.82 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
VinFast Auto Ltd. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | — | — | — |
| Shares Outstanding | — | $2.3B | $2.3B | $2.3B | $2.3B | $2.3B |
Compare VFS with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| VFSYou | $8B | -2.6 | — | — | -57.4% | -125.9% | — | -78.9% | — |
| TSLA | $1.5T | 372.7 | 143.0 | 242.7 | 18.0% | 4.6% | 4.8% | 4.5% | 0.8 |
| LI | $35B | 16.0 | 20.5 | 29.5 | 20.5% | 4.4% | 12.2% | 209.3% | 1.7 |
| NIO | $10B | -3.0 | — | — | 9.9% | -33.3% | -105.1% | -55.2% | — |
| ZK | $7B | -1.0 | — | 4.6 | 16.4% | -8.5% | — | — | — |
| XPEV | $6B | -9.8 | — | — | 14.3% | -16.3% | -17.1% | -16.9% | — |
| LCID | $3B | -0.8 | — | — | — | — | -117.6% | -98.7% | — |
| PSNY | $2B | -24.0 | — | — | -43.1% | -89.1% | — | -109.3% | — |
| FFAI | $101M | -0.0 | — | — | -15489.8% | -27780.7% | -207.4% | -39.0% | — |
| RIVN | $61M | -5.0 | — | — | 2.7% | -66.5% | -65.2% | -41.2% | — |
| CJET | $11M | -0.0 | — | — | -359.0% | -828.3% | — | -17.3% | — |
| Consumer Cyclical Median | — | 18.8 | 11.0 | 14.0 | 38.6% | 2.4% | 6.5% | 5.6% | 4.2 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 5 years · Updated daily
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Start ComparisonVinFast Auto Ltd.'s current P/E ratio is -2.6x. This places it at the 50th percentile of its historical range.
Based on historical data, VinFast Auto Ltd. is trading at a P/E of -2.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
VinFast Auto Ltd. has -57.4% gross margin and -125.9% operating margin.