Symbols / VFS $4.69 -1.47% VinFast Auto Ltd.

Consumer Cyclical • Auto Manufacturers • Vietnam • NMS
VFS Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company also offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solutions. VinFast Auto Ltd. is based in Hai Phong City, Vietnam. VinFast Auto Ltd. operates as a subsidiary of Vingroup Joint Stock Company.

Fundamentals
Scroll to Statements
Market Cap 10.97B Enterprise Value — Income — Sales — Book/sh -64507.05 Cash/sh —
Dividend Yield — Payout 0.00% Employees — IPO — P/E — Forward P/E -4.94
PEG — P/S — P/B -0.00 P/C — EV/EBITDA — EV/Sales —
Quick Ratio 0.07 Current Ratio 0.51 Debt/Eq — LT Debt/Eq — EPS (ttm) -1.57 EPS next Y -0.95
EPS Growth — Revenue Growth 138.90% Earnings 2026-06-09 ROA -26.51% ROE — ROIC —
Gross Margin -42.53% Oper. Margin 0.00% Profit Margin -107.31% Shs Outstand 2.34B Shs Float 49.64M Short Float 4.06%
Short Ratio 4.11 Short Interest — 52W High 5.29 52W Low 2.78 Beta 0.99 Avg Volume 672.32K
Volume 1.39M Target Price $6.30 Recom None Prev Close $4.76 Price $4.69 Change -1.47%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.30
Mean price target
2. Current target
$4.69
Latest analyst target
3. DCF / Fair value
$-531358.94
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.69
Low
$5.50
High
$7.70
Mean
$6.30

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-17 main Chardan Capital Buy → Buy $6
2026-03-03 main Chardan Capital Buy → Buy $6
2026-02-10 main Chardan Capital Buy → Buy $6
2026-01-07 main Chardan Capital Buy → Buy $6
2025-11-24 reit Wedbush Outperform → Outperform $6
2025-09-05 reit Cantor Fitzgerald Overweight → Overweight $6
2025-09-05 main Chardan Capital Buy → Buy $6
2025-08-18 main Chardan Capital Buy → Buy $6
2025-08-14 main Chardan Capital Buy → Buy $6
2025-07-11 main Chardan Capital Buy → Buy $6
2025-07-07 main Chardan Capital Buy → Buy $6
2025-06-23 main Chardan Capital Buy → Buy $6
2025-06-11 main Chardan Capital Buy → Buy $6
2025-06-10 reit Cantor Fitzgerald Overweight → Overweight $6
2025-06-10 main Chardan Capital Buy → Buy $6
2025-04-25 down BTIG Buy → Neutral —
2024-09-30 reit Cantor Fitzgerald Overweight → Overweight $6
2024-09-23 reit Cantor Fitzgerald Overweight → Overweight $6
2024-09-09 reit Cantor Fitzgerald Overweight → Overweight $8
2024-09-03 reit Cantor Fitzgerald Overweight → Overweight $8
News
RSS: Latest VFS news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
44,019,015.00
+57.87%
27,883,821.00
+100.20%
13,927,746.00
-13.10%
16,028,182.00
Operating Revenue
44,019,015.00
+57.87%
27,883,821.00
+100.20%
13,927,746.00
-13.10%
16,028,182.00
Cost Of Revenue
69,296,654.00
+66.60%
41,594,732.00
+54.20%
26,974,525.00
+6.69%
25,283,958.00
Reconciled Cost Of Revenue
69,296,654.00
+66.60%
41,594,732.00
+54.20%
26,974,525.00
+6.69%
25,283,958.00
Gross Profit
-25,277,639.00
-84.36%
-13,710,911.00
-5.09%
-13,046,779.00
-40.96%
-9,255,776.00
Operating Expense
28,784,133.00
+3.34%
27,854,379.00
-9.42%
30,752,805.00
+67.64%
18,344,759.00
Research And Development
10,025,329.00
-34.96%
15,414,442.00
-27.28%
21,196,862.00
+129.02%
9,255,376.00
Selling General And Administration
16,888,031.00
+49.81%
11,273,285.00
+19.50%
9,433,465.00
+103.82%
4,628,399.00
Selling And Marketing Expense
7,995,602.00
+41.22%
5,661,737.00
+8.40%
5,222,963.00
+136.99%
2,203,839.00
General And Administrative Expense
8,892,429.00
+58.47%
5,611,548.00
+33.28%
4,210,502.00
+73.66%
2,424,560.00
Salaries And Wages
—
—
109,431.00
-97.48%
4,340,322.00
Other Gand A
8,892,429.00
+58.47%
5,611,548.00
+33.28%
4,210,502.00
+73.66%
2,424,560.00
Other Operating Expenses
1,870,773.00
+60.35%
1,166,652.00
+852.54%
122,478.00
-97.25%
4,460,984.00
Total Expenses
98,080,787.00
+41.23%
69,449,111.00
+20.31%
57,727,330.00
+32.31%
43,628,717.00
Operating Income
-54,061,772.00
-30.06%
-41,565,290.00
+5.10%
-43,799,584.00
-58.69%
-27,600,535.00
Total Operating Income As Reported
-55,399,158.00
-31.99%
-41,970,653.00
+5.80%
-44,556,247.00
-64.61%
-27,067,401.00
EBITDA
-51,847,002.00
-20.40%
-43,062,198.00
-10.48%
-38,978,737.00
-64.63%
-23,676,235.00
Normalized EBITDA
-47,058,008.00
-25.11%
-37,613,248.00
+4.65%
-39,448,086.00
-68.18%
-23,455,928.00
Reconciled Depreciation
9,876,477.00
+41.46%
6,981,919.00
+9.27%
6,389,755.00
+30.63%
4,891,372.00
EBIT
-61,723,479.00
-23.34%
-50,044,117.00
-10.31%
-45,368,492.00
-58.81%
-28,567,607.00
Total Unusual Items
-4,788,994.00
+12.11%
-5,448,950.00
-1260.96%
469,349.00
+313.04%
-220,307.00
Total Unusual Items Excluding Goodwill
-4,788,994.00
+12.11%
-5,448,950.00
-1260.96%
469,349.00
+313.04%
-220,307.00
Special Income Charges
-570,050.00
-552.66%
125,933.00
+163.68%
47,760.00
-43.39%
84,365.00
Other Special Charges
—
-207,098.00
-333.62%
-47,760.00
+75.85%
-197,760.00
Net Income
-77,265,364.00
-28.42%
-60,168,126.00
-13.77%
-52,887,812.00
-64.33%
-32,183,727.00
Pretax Income
-77,384,644.00
-28.60%
-60,173,423.00
-15.95%
-51,896,362.00
-62.13%
-32,009,724.00
Net Non Operating Interest Income Expense
-18,485,042.00
-40.08%
-13,195,605.00
-54.04%
-8,566,159.00
-106.31%
-4,152,096.00
Interest Expense Non Operating
15,661,165.00
+54.61%
10,129,306.00
+55.17%
6,527,870.00
+89.65%
3,442,117.00
Net Interest Income
-18,485,042.00
-40.08%
-13,195,605.00
-54.04%
-8,566,159.00
-106.31%
-4,152,096.00
Interest Expense
15,661,165.00
+54.61%
10,129,306.00
+55.17%
6,527,870.00
+89.65%
3,442,117.00
Interest Income Non Operating
621,345.00
+9.01%
570,007.00
+259.31%
158,641.00
-63.97%
440,284.00
Interest Income
621,345.00
+9.01%
570,007.00
+259.31%
158,641.00
-63.97%
440,284.00
Other Income Expense
-4,837,830.00
+10.62%
-5,412,528.00
-1253.12%
469,381.00
+282.57%
-257,093.00
Gain On Sale Of Security
-4,218,944.00
+24.32%
-5,574,883.00
-1422.35%
421,589.00
+238.37%
-304,672.00
Tax Provision
-29,695.00
-138.60%
76,925.00
-92.76%
1,062,335.00
+407.72%
209,237.00
Tax Rate For Calcs
0.00
0.00
0.00
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-77,354,949.00
-28.39%
-60,250,348.00
-13.77%
-52,958,697.00
-64.37%
-32,218,961.00
Net Income From Continuing Operation Net Minority Interest
-77,265,364.00
-28.42%
-60,168,126.00
-13.77%
-52,887,812.00
-64.33%
-32,183,727.00
Net Income From Continuing And Discontinued Operation
-77,265,364.00
-28.42%
-60,168,126.00
-13.77%
-52,887,812.00
-64.33%
-32,183,727.00
Net Income Continuous Operations
-77,354,949.00
-28.39%
-60,250,348.00
-13.77%
-52,958,697.00
-64.37%
-32,218,961.00
Minority Interests
89,585.00
+8.96%
82,222.00
+15.99%
70,885.00
+101.18%
35,234.00
Normalized Income
-72,476,370.00
-32.45%
-54,719,176.00
-2.55%
-53,357,161.00
-66.93%
-31,963,420.00
Net Income Common Stockholders
-77,265,364.00
-28.42%
-60,168,126.00
-13.77%
-52,887,812.00
-64.33%
-32,183,727.00
Diluted EPS
-33,042.00
-33.72%
-24,710.00
-8.50%
-22,774.75
-64.33%
-13,859.08
Basic EPS
-33,042.00
-33.72%
-24,710.00
-8.50%
-22,774.75
-64.33%
-13,859.08
Basic Average Shares
2,338.40
+1.19%
2,310.82
-0.49%
2,322.21
+0.00%
2,322.21
Diluted Average Shares
2,338.40
+1.19%
2,310.82
-0.49%
2,322.21
+0.00%
2,322.21
Diluted NI Availto Com Stockholders
-77,265,364.00
-28.42%
-60,168,126.00
-13.77%
-52,887,812.00
-64.33%
-32,183,727.00
Earnings From Equity Interest
-48,836.00
-234.08%
36,422.00
+113718.75%
32.00
+100.09%
-36,786.00
Gain On Sale Of PPE
-570,050.00
-602.33%
-81,165.00
0.00
+100.00%
-113,395.00
Total Other Finance Cost
3,445,222.00
-5.25%
3,636,306.00
+65.52%
2,196,930.00
+90.99%
1,150,263.00
Line Item Trend 2023-12-31
Total Assets
146,857,721.00
Current Assets
50,583,489.00
Cash Cash Equivalents And Short Term Investments
4,099,577.00
Cash And Cash Equivalents
4,095,472.00
Cash Equivalents
0.00
Cash Financial
4,095,472.00
Other Short Term Investments
4,105.00
Receivables
10,063,432.00
Accounts Receivable
469,918.00
Other Receivables
96,797.00
Taxes Receivable
7,122,335.00
Loans Receivable
0.00
Inventory
30,141,381.00
Raw Materials
15,127,071.00
Work In Process
3,422,796.00
Finished Goods
11,363,811.00
Prepaid Assets
5,124,037.00
Restricted Cash
607,052.00
Assets Held For Sale Current
0.00
Hedging Assets Current
548,010.00
Total Non Current Assets
96,274,232.00
Net PPE
86,204,212.00
Gross PPE
103,503,686.00
Accumulated Depreciation
-17,299,474.00
Properties
0.00
Land And Improvements
1,952,618.00
Buildings And Improvements
23,466,382.00
Machinery Furniture Equipment
66,659,951.00
Other Properties
11,424,735.00
Goodwill And Other Intangible Assets
1,346,324.00
Goodwill
0.00
Other Intangible Assets
1,346,324.00
Investments And Advances
2,132,978.00
Long Term Equity Investment
1,214,938.00
Other Investments
918,040.00
Non Current Accounts Receivable
782,050.00
Non Current Deferred Assets
—
Non Current Deferred Taxes Assets
—
Non Current Prepaid Assets
217,180.00
Other Non Current Assets
5,525,364.00
Total Liabilities Net Minority Interest
212,269,436.00
Current Liabilities
152,036,022.00
Payables And Accrued Expenses
40,724,615.00
Payables
29,292,737.00
Accounts Payable
12,146,588.00
Other Payable
10,293,300.00
Current Accrued Expenses
11,431,878.00
Total Tax Payable
635,967.00
Current Debt And Capital Lease Obligation
88,763,127.00
Current Debt
87,238,771.00
Other Current Borrowings
62,901,578.00
Current Capital Lease Obligation
1,524,356.00
Current Deferred Liabilities
1,343,859.00
Current Deferred Revenue
1,343,859.00
Other Current Liabilities
19,822,790.00
Total Non Current Liabilities Net Minority Interest
60,233,414.00
Long Term Debt And Capital Lease Obligation
37,886,190.00
Long Term Debt
32,555,846.00
Long Term Capital Lease Obligation
5,330,344.00
Long Term Provisions
—
Tradeand Other Payables Non Current
396,696.00
Non Current Deferred Liabilities
2,594,997.00
Non Current Deferred Revenue
1,569,733.00
Non Current Deferred Taxes Liabilities
1,025,264.00
Other Non Current Liabilities
1,797,557.00
Stockholders Equity
-142,782,394.00
Common Stock Equity
-142,782,394.00
Capital Stock
9,847,536.00
Common Stock
9,847,536.00
Share Issued
2,337.79
Ordinary Shares Number
2,337.79
Treasury Shares Number
0.00
Additional Paid In Capital
38,258,499.00
Retained Earnings
-190,502,556.00
Gains Losses Not Affecting Retained Earnings
-385,873.00
Minority Interest
77,370,679.00
Other Equity Adjustments
-385,873.00
Total Equity Gross Minority Interest
-65,411,715.00
Total Capitalization
-110,226,548.00
Working Capital
-101,452,533.00
Invested Capital
-22,987,777.00
Total Debt
126,649,317.00
Net Debt
115,699,145.00
Capital Lease Obligations
6,854,700.00
Net Tangible Assets
-144,128,718.00
Tangible Book Value
-144,128,718.00
Current Notes Payable
1,190,475.00
Current Provisions
1,381,631.00
Derivative Product Liabilities
137,057.00
Duefrom Related Parties Current
2,374,382.00
Duefrom Related Parties Non Current
51,073.00
Dueto Related Parties Current
6,216,882.00
Dueto Related Parties Non Current
17,297,050.00
Financial Assets
66,124.00
Financial Assets Designatedas Fair Value Through Profitor Loss Total
—
Interest Payable
695,011.00
Investmentin Financial Assets
—
Line Of Credit
24,337,193.00
Non Current Accrued Expenses
123,867.00
Non Current Note Receivables
—
Other Inventories
227,703.00
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
-30,468,461.00
+39.39%
-50,270,617.00
-5.02%
-47,867,646.00
-65.24%
-28,969,088.00
Cash Flow From Continuing Operating Activities
-30,468,461.00
+39.39%
-50,270,617.00
-5.02%
-47,867,646.00
-65.24%
-28,969,088.00
Net Income From Continuing Operations
-77,354,949.00
-28.39%
-60,250,348.00
-13.77%
-52,958,697.00
-64.37%
-32,218,961.00
Depreciation Amortization Depletion
9,876,477.00
+41.46%
6,981,919.00
+9.27%
6,389,755.00
+30.63%
4,891,372.00
Depreciation
9,493,586.00
+45.88%
6,507,912.00
+60.90%
4,044,611.00
+1.27%
3,993,810.00
Amortization Cash Flow
382,891.00
-19.22%
474,007.00
-79.79%
2,345,144.00
+161.28%
897,562.00
Depreciation And Amortization
9,876,477.00
+41.46%
6,981,919.00
+9.27%
6,389,755.00
+30.63%
4,891,372.00
Amortization Of Intangibles
382,891.00
-19.22%
474,007.00
-79.79%
2,345,144.00
+161.28%
897,562.00
Other Non Cash Items
1,258,911.00
+8.32%
1,162,222.00
+159.05%
448,651.00
+64.18%
273,270.00
Pension And Employee Benefit Expense
15,243,479.00
+74.82%
8,719,512.00
+30.78%
6,667,185.00
+2.36%
6,513,514.00
Stock Based Compensation
81,693.00
-45.58%
150,103.00
0.00
0.00
Provisionand Write Offof Assets
0.00
0.00
-100.00%
172,571.00
-16.36%
206,325.00
Asset Impairment Charge
3,932,677.00
+201.60%
1,303,932.00
+19.14%
1,094,484.00
+563.41%
164,978.00
Deferred Tax
-86,621.00
-151.06%
-34,502.00
-103.26%
1,058,522.00
+603.17%
150,536.00
Deferred Income Tax
-86,621.00
-151.06%
-34,502.00
-103.26%
1,058,522.00
+603.17%
150,536.00
Operating Gains Losses
25,971,037.00
+79.84%
14,441,419.00
+132.85%
6,202,099.00
-11.00%
6,968,874.00
Gain Loss On Investment Securities
9,083,785.00
+86.15%
4,879,833.00
+504.28%
-1,207,050.00
-260.20%
753,441.00
Unrealized Gain Loss On Investment Securities
2,893,999.00
-9.26%
3,189,365.00
+50.12%
2,124,550.00
+83.77%
1,156,118.00
Net Foreign Currency Exchange Gain Loss
1,024,887.00
+28.54%
797,331.00
+7.46%
741,996.00
+265.53%
-448,262.00
Gain Loss On Sale Of PPE
570,050.00
+602.33%
81,165.00
0.00
-100.00%
113,395.00
Change In Working Capital
2,958,315.00
+117.18%
-17,214,727.00
-38.83%
-12,399,581.00
-17.40%
-10,561,600.00
Change In Receivables
-7,931,433.00
-383.60%
2,796,713.00
+129.30%
1,219,651.00
+116.47%
-7,406,143.00
Changes In Account Receivables
-7,931,433.00
-383.60%
2,796,713.00
+129.30%
1,219,651.00
+116.47%
-7,406,143.00
Change In Inventory
-6,749,753.00
+49.24%
-13,296,710.00
+38.93%
-21,771,281.00
-464.36%
-3,857,721.00
Change In Prepaid Assets
-1,067,698.00
-56.74%
-681,205.00
-868.61%
-70,328.00
-142.30%
166,251.00
Change In Payables And Accrued Expense
19,539,512.00
+481.47%
-5,122,209.00
-159.26%
8,643,254.00
+1037.12%
760,098.00
Change In Payable
19,539,512.00
+481.47%
-5,122,209.00
-159.26%
8,643,254.00
+1037.12%
760,098.00
Change In Account Payable
19,539,512.00
+481.47%
-5,122,209.00
-159.26%
8,643,254.00
+1037.12%
760,098.00
Change In Other Current Liabilities
-832,313.00
+8.67%
-911,316.00
-116.53%
-420,877.00
-87.82%
-224,085.00
Investing Cash Flow
-16,025,837.00
+34.38%
-24,421,132.00
-15.60%
-21,124,819.00
-972.91%
2,420,050.00
Cash Flow From Continuing Investing Activities
-16,025,837.00
+34.38%
-24,421,132.00
-15.60%
-21,124,819.00
-972.91%
2,420,050.00
Net PPE Purchase And Sale
-16,634,463.00
+31.96%
-24,447,033.00
-4.75%
-23,337,793.00
-291.63%
-5,959,127.00
Purchase Of PPE
-16,689,295.00
+31.96%
-24,527,946.00
-5.10%
-23,337,793.00
-288.45%
-6,007,925.00
Sale Of PPE
54,832.00
-32.23%
80,913.00
0.00
-100.00%
48,798.00
Capital Expenditure
-16,689,295.00
+31.96%
-24,527,946.00
-5.10%
-23,337,793.00
-288.45%
-6,007,925.00
Net Investment Purchase And Sale
-3,176,630.00
+69.69%
-10,480,000.00
-3447.88%
-295,388.00
+90.82%
-3,219,449.00
Purchase Of Investment
-3,176,630.00
+69.69%
-10,480,000.00
-3447.88%
-295,388.00
+90.82%
-3,219,449.00
Net Business Purchase And Sale
-30,252.00
+97.11%
-1,045,933.00
-638.18%
-141,690.00
-83.78%
-77,099.00
Purchase Of Business
-30,252.00
+97.11%
-1,045,933.00
-638.18%
-141,690.00
-83.78%
-77,099.00
Net Other Investing Changes
3,815,508.00
-66.97%
11,551,834.00
+335.91%
2,650,052.00
-76.91%
11,479,318.00
Financing Cash Flow
48,998,571.00
-35.06%
75,455,204.00
+7.31%
70,317,469.00
+143.69%
28,855,195.00
Cash Flow From Continuing Financing Activities
48,998,571.00
-35.06%
75,455,204.00
+7.31%
70,317,469.00
+143.69%
28,855,195.00
Net Issuance Payments Of Debt
27,003,913.00
-42.38%
46,864,010.00
-26.08%
63,395,334.00
+227.36%
19,365,646.00
Issuance Of Debt
98,880,819.00
-17.47%
119,814,576.00
+14.07%
105,032,469.00
+176.09%
38,042,837.00
Repayment Of Debt
-71,876,906.00
+1.47%
-72,950,566.00
-75.21%
-41,637,135.00
-122.93%
-18,677,191.00
Long Term Debt Issuance
98,880,819.00
-17.47%
119,814,576.00
+14.07%
105,032,469.00
+176.09%
38,042,837.00
Long Term Debt Payments
-71,876,906.00
+1.47%
-72,950,566.00
-75.21%
-41,637,135.00
-122.93%
-18,677,191.00
Net Long Term Debt Issuance
27,003,913.00
-42.38%
46,864,010.00
-26.08%
63,395,334.00
+227.36%
19,365,646.00
Net Common Stock Issuance
21,994,658.00
-19.05%
27,169,750.00
+290.16%
6,963,784.00
-30.28%
9,988,508.00
Net Other Financing Charges
—
1,421,444.00
+3512.91%
-41,649.00
+91.65%
-498,959.00
Changes In Cash
2,504,273.00
+228.02%
763,455.00
-42.38%
1,325,004.00
-42.54%
2,306,157.00
Effect Of Exchange Rate Changes
-74,770.00
+71.92%
-266,319.00
-753.09%
-31,218.00
+71.36%
-108,983.00
Beginning Cash Position
4,858,767.00
+11.40%
4,361,631.00
+42.17%
3,067,845.00
+270.63%
827,742.00
End Cash Position
7,288,270.00
+50.00%
4,858,767.00
+11.40%
4,361,631.00
+44.19%
3,024,916.00
Free Cash Flow
-47,157,756.00
+36.95%
-74,798,563.00
-5.05%
-71,205,439.00
-103.58%
-34,977,013.00
Interest Paid Supplemental Data
—
7,487,827.00
+71.00%
4,378,839.00
+52.37%
2,873,846.00
Income Tax Paid Supplemental Data
—
99,791.00
+341.20%
22,618.00
-56.00%
51,409.00
Common Stock Issuance
21,994,658.00
-19.05%
27,169,750.00
+290.16%
6,963,784.00
-30.28%
9,988,508.00
Earnings Losses From Equity Investments
48,836.00
+234.08%
-36,422.00
-113718.75%
-32.00
-100.09%
36,786.00
Interest Received CFI
—
—
—
196,407.00
Issuance Of Capital Stock
21,994,658.00
-19.05%
27,169,750.00
+290.16%
6,963,784.00
-30.28%
9,988,508.00
Sale Of Business
—
—
—
196,407.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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