Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Microvast Holdings's Enterprise Value is $524.9 Mil.
Microvast Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $25.6 Mil. Therefore, Microvast Holdings's EV-to-FCF for today is 20.50.
The historical rank and industry rank for Microvast Holdings's EV-to-FCF or its related term are showing as below:
MVST'
s EV-to-FCF Range Over the Past 10 Years
Min: -145.01 Med: -2.14 Max: 61.62
Current: 20.5
During the past 7 years, the highest EV-to-FCF of Microvast Holdings was 61.62. The lowest was -145.01. And the median was -2.14.
MVST's EV-to-FCF is ranked worse than 56.01% of 848
companies
in the Vehicles & Parts industry
Industry Median: 17.165
vs MVST: 20.50
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Microvast Holdings's PE Ratio (TTM) for today is calculated as:
Microvast Holdings's share price for today is $0.9756.
Microvast Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.320.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Microvast Holdings EV-to-FCF Related Terms
Microvast Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Microvast Holdings's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Auto Parts subindustry, Microvast Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Microvast Holdings EV-to-FCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Microvast Holdings's EV-to-FCF falls into.
Microvast Holdings's current Enterprise Value is $524.9 Mil.
Microvast Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.6 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Microvast Holdings (MVST) has a EV-to-FCF of 20.50 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Microvast Holdings and its competitors. According to the industry distribution chart, Microvast Holdings ranks #475 out of 848 companies in the Vehicles & Parts industry, placing it in the top 56%.
Is Microvast Holdings' EV-to-FCF too high?
Microvast Holdings' current EV-to-FCF is 20.50. The Vehicles & Parts industry median EV-to-FCF is 17.17. Microvast Holdings' value of 20.50 is 19.4% above this industry median. Based on the distribution chart, Microvast Holdings ranks #475 out of 848 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' EV-to-FCF compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #475 out of 848 companies for EV-to-FCF. This places Microvast Holdings in the lower half of its industry. The industry median EV-to-FCF is 17.17. Microvast Holdings' value of 20.50 is 19.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Vehicles & Parts company?
The median EV-to-FCF among Vehicles & Parts companies is 17.17, based on 848 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microvast Holdings's current EV-to-FCF of 20.50 is 19.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median EV-to-FCF is 17.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current EV-to-FCF is 20.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (MVST) is currently considered Possible Value Trap. The stock's GF Value™ is $1.85, compared to a current price of $0.98 — trading 47.3% below its estimated fair value. The current EV-to-FCF is 20.50 and 19.4% above the Vehicles & Parts industry median of 17.17. Microvast Holdings' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Microvast Holdings (MVST), the current EV-to-FCF is 20.50 as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Microvast Holdings (MVST) Overvalued in 2026?
Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued.
The current stock price of $0.98 is trading 47.3% below its estimated GF Value™ of $1.85.
GuruFocus considers Microvast Holdings to be Possible Value Trap.
Key valuation signals for MVST:
EV-to-FCF: 20.50
GF Value™: $1.85 vs. price of $0.98 (47.3% below fair value)
Industry Position: 19.4% above the Vehicles & Parts median (#475 of 848)
No single metric tells the full story. See the MVST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
72GF Score
Get the complete analysis for MVST
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MVST has been successfully added to your 
