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XPeng Inc ADR XPEV

Morningstar Rating
$7.84 +0.76 (10.73%)
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Company Report

XPeng Is a Leading NEV Manufacturer With Advanced In-House Autonomous Driving Technology

XPeng is a leading electric vehicle, or EV, manufacturer in China, targeting the midrange to high-end segment and tech-savvy consumers. It is mass producing six pure electric models: the G3/G3i compact sport utility vehicle, or SUV; P7 midsize sedan; P5 compact sedan; G9 midsize SUV; G6 compact SUV, and X9 multipurpose vehicle. Retail prices of the current model portfolio range from CNY 150,000 to CNY 420,000 for popular trims, which offer a driving range of roughly 460-700 km. For its new model pipeline, XPeng plans to launch at least 10 new cars in the next three years.

Price vs Fair Value

XPEV is trading within a range we consider fairly valued.
Price
$6.98
Fair Value
$84.90
Uncertainty
Very High
1-Star Price
$51.21
5-Star Price
$8.88
Economic Moat
Xns
Capital Allocation
Dcfwprvnc

Bulls Say, Bears Say

Bulls

XPeng’s leadership in autonomous driving technology will differentiate the company and help the company defend its market share in the mass market segment amid intensifying competition.

Bears

Rising competition among mass-market NEV models will place heavy pricing pressure on XPeng. As a mass-market brand, the company will need to offer aggressive promotions and discounts to consumers, which will weigh on its vehicle margin outlook.

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News

Trading Information

Previous Close Price
$7.08
Day Range
$7.657.98
52-Week Range
$6.5523.62
Bid/Ask
$7.92 / $7.98
Market Cap
$7.40 Bil
Volume/Avg
105,130 / 13.8 Mil

Key Statistics

Price/Earnings (Normalized)
Price/Sales
1.42
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Founded in 2015, XPeng is a leading Chinese smart electric vehicle, or EV, company that designs, develops, manufactures and markets EVs in China. Its products primarily target the growing base of technology-savvy middle-class consumers in the midrange to high-end segment in China’s passenger vehicle market. The company sold over 141,000 EVs in 2023, accounting for about 2% of China’s passenger new energy vehicle market. It is also a leader in autonomous driving technology.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Value
Total Number of Employees
13,550

Competitors

Valuation

Metric
XPEV
TSLA
01211
Price/Earnings (Normalized)
61.6419.78
Price/Book Value
1.308.344.05
Price/Sales
1.426.200.93
Price/Cash Flow
40.887.12
Price/Earnings
XPEV
TSLA
01211

Financial Strength

Metric
XPEV
TSLA
01211
Quick Ratio
1.051.130.42
Current Ratio
1.511.730.67
Interest Coverage
−42.3858.1019.86
Quick Ratio
XPEV
TSLA
01211

Profitability

Metric
XPEV
TSLA
01211
Return on Assets (Normalized)
−13.10%9.74%4.85%
Return on Equity (Normalized)
−27.91%16.96%23.14%
Return on Invested Capital (Normalized)
−21.96%13.43%16.68%
Return on Assets
XPEV
TSLA
01211
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