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.
NIONIOIF 69 Net Cash per Share is $-5.22 as of Mar. 2026. GuruFocus rates NIOIF with a GF Score™ of 69/100 and a GF Value™ of $7.82 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 171 Vehicles & Parts companies, NIO ranks worse than 584794.74% on this metric.
The historical rank and industry rank for NIO's Net Cash per Share or its related term are showing as below:
During the past 10 years, the highest Price-to-Net-Cash Ratio of NIO was 81.23. The lowest was 32.21. And the median was 38.78.
NIOIF's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.9 * Ranked among companies with meaningful Price-to-Net-Cash only.
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
NIO Net Cash per Share Related Terms
NIO Net Cash per Share Historical Data
* Premium members only.
The historical data trend for NIO's Net Cash per Share 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.
NIOIF vs XPEV, LI, VFS: Net Cash per Share Comparison
For the Auto Manufacturers subindustry, NIO's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
NIO Price-to-Net-Cash vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, NIO's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where NIO's Price-to-Net-Cash falls into.
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
NIO's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
NIO (NIOIF) has a Net Cash per Share of $-5.22 as of Mar. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on NIO and its competitors. Over the past decade, NIO's Net Cash per Share has ranged from 32.21 to 81.23. According to the industry distribution chart, NIO ranks #999999 out of 171 companies in the Vehicles & Parts industry.
Is NIO's Net Cash per Share too high?
NIO's current Net Cash per Share is $-5.22. Over the past 10 years, this metric has ranged from a low of 32.21 to a high of 81.23. Based on the distribution chart, NIO ranks #999999 out of 171 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NIO has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NIO's Net Cash per Share compare to XPEV and LI?
According to the Vehicles & Parts industry distribution chart, NIO ranks #999999 out of 171 companies for Net Cash per Share. This places NIO in the lower half of its industry. The industry median Net Cash per Share is 8.90. Historically, NIO's own Net Cash per Share has ranged from 32.21 to 81.23 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Vehicles & Parts company?
The median Net Cash per Share among Vehicles & Parts companies is 8.90, based on 171 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on NIO and its competitors. For the Vehicles & Parts industry, the median Net Cash per Share is 8.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NIO's current Net Cash per Share is $-5.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NIO stock overvalued right now?
Based on GuruFocus' analysis, NIO (NIOIF) is currently considered Possible Value Trap. The stock's GF Value™ is $7.82, compared to a current price of $4.15 — trading 46.9% below its estimated fair value. The current Net Cash per Share is $-5.22. NIO's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For NIO (NIOIF), the current Net Cash per Share is $-5.22 as of Mar. 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 NIO (NIOIF) Overvalued in 2026?
Based on GuruFocus' analysis, NIO stock appears to be undervalued.
The current stock price of $4.15 is trading 46.9% below its estimated GF Value™ of $7.82.
GuruFocus considers NIO to be Possible Value Trap.
Key valuation signals for NIOIF:
Net Cash per Share: $-5.22
GF Value™: $7.82 vs. price of $4.15 (46.9% below fair value)
No single metric tells the full story. See the NIOIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations, such as battery swapping and autonomous driving. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold around 326,000 EVs in 2025, accounting for about 2% of China's passenger new energy vehicle market.
69GF Score
Get the complete analysis for NIOIF
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NIOIF has been successfully added to your 
