Tearsheet

XPeng (XPEV)


Market Price (9/4/2025): $19.8 | Market Cap: $18.8 Bil
Sector: Consumer Discretionary | Industry: Automobile Manufacturers

XPeng (XPEV)


Market Price (9/4/2025): $19.8
Market Cap: $18.8 Bil
Sector: Consumer Discretionary
Industry: Automobile Manufacturers

Investment Highlights

0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
Weak multi-year price returns
2Y Excs Rtn is -38%, 3Y Excs Rtn is -52%
Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -5.3 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.9%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 66%
  Stock price has recently run up significantly
12M Rtn12 month market price return is 142%
2 Low stock price volatility
Vol 12M is 73%
  Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -26%
0 Cash is significant % of market cap
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 66%
2 Low stock price volatility
Vol 12M is 73%
3 Weak multi-year price returns
2Y Excs Rtn is -38%, 3Y Excs Rtn is -52%
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -5.3 Bil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -8.9%
5 Stock price has recently run up significantly
12M Rtn12 month market price return is 142%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -26%

Market Valuation

 9/4/252024202320222021
Share Price CYE$19.80$11.82$14.59$9.94$50.33
Market Cap CYE ($ Bil)18.811.213.08.642.8
Total Debt ($ Bil)30.715.915.412.85.1
Total Cash ($ Bil)33.932.738.731.239.7
Enterprise Value ($ Bil)15.627.128.421.447.9
Valuation Ratios     
P/S TTM0.30.30.40.32.0
P/EBIT TTM-4.8-2.0-1.2-0.9-8.7
P/E TTM-4.4-1.9-1.2-0.9-8.5
Sector Ratios     
P/S TTM (Sector)1.31.31.21.11.8
P/EBIT TTM (Sector)11.711.410.27.810.0
P/E TTM (Sector)17.517.915.312.213.6
 9/4/2520242023
Share Price CYE$19.80$11.82$14.59
Market Cap CYE ($ Bil)18.811.213.0
Total Debt ($ Bil)30.715.915.4
Total Cash ($ Bil)33.932.738.7
Enterprise Value ($ Bil)15.627.128.4
Valuation Ratios   
P/S TTM0.30.30.4
P/EBIT TTM-4.8-2.0-1.2
P/E TTM-4.4-1.9-1.2
Sector Ratios   
P/S TTM (Sector)1.31.31.2
P/EBIT TTM (Sector)11.711.410.2
P/E TTM (Sector)17.517.915.3

Business Description

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and smart electric vehicles and family sedans under the P5 name. Show more

Price Returns Compared

Expand for Detailed View

 202020212022202320242025Total [1]
Returns
XPEV Return-18%-80%47%-19%28%-65%
Peers Return151%102%-63%23%6%-4%134%
S&P 500 Return16%27%-19%24%23%10%100%

[1] Cumulative total returns since the beginning of 2020
[2] Peers: TSLA, GM, F, RIVN, LCID. See XPEV Returns vs. Peers.
[3] 2025 data is for the year up to 9/3/2025 (YTD)

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Financials

XPEVTSLAGMFRIVNLCIDMedian
NameXPeng Tesla General .Ford Mot.Rivian A.Lucid  
Mkt Price20.25334.0957.7511.6214.4416.7918.52
Mkt Cap19.31,076.855.646.116.75.132.7
Rev LTM60,29292,720187,600182,8745,15192976,506
Op Inc LTM-5,3375,77810,6534,313-3,599-2,998657
FCF LTM-5,586-1,8429,309-4,493-3,050-1,842
FCF 3Y Avg-4,488-3,1925,908-4,905-3,235-3,192
CFO LTM-15,76523,97017,717-3,615-2,25515,765
CFO 3Y Avg-13,75121,61413,986-3,806-2,32913,751

Growth & Margins

XPEVTSLAGMFRIVNLCIDMedian
NameXPeng Tesla General .Ford Mot.Rivian A.Lucid  
Rev Chg LTM66.4%-2.7%5.3%3.0%2.7%39.0%4.2%
Rev Chg 3Y Avg36.9%12.9%12.9%11.1%183.6%114.2%24.9%
Rev Chg Q125.3%-11.8%-1.8%-5.0%12.5%29.3%5.4%
QoQ Delta Rev Chg LTM20.3%-3.1%-0.4%-1.1%2.9%6.8%1.2%
Op Mgn LTM-8.9%6.2%5.7%2.4%-69.9%-322.8%-3.2%
Op Mgn 3Y Avg-27.4%9.1%6.3%3.1%-132.7%-390.3%-12.1%
QoQ Delta Op Mgn LTM3.1%-1.2%-0.9%-0.5%7.2%17.7%1.3%
CFO/Rev LTM-17.0%12.8%9.7%-70.2%-242.7%9.7%
CFO/Rev 3Y Avg-14.6%12.1%7.9%-101.1%-301.6%7.9%
FCF/Rev LTM-6.0%-1.0%5.1%-87.2%-328.3%-1.0%
FCF/Rev 3Y Avg-4.8%-1.8%3.3%-128.0%-420.2%-1.8%

Valuation

XPEVTSLAGMFRIVNLCIDMedian
NameXPeng Tesla General .Ford Mot.Rivian A.Lucid  
Mkt Cap19.31,076.855.646.116.75.132.7
P/S0.311.60.30.33.25.51.8
P/EBIT-4.9133.77.16.2-5.2-2.32.0
P/E-4.5176.411.69.2-4.8-2.23.5
P/CFO-68.32.32.6-4.6-2.32.3
Total Yield-22.2%0.6%9.7%14.8%-21.0%-44.7%-10.2%
Dividend Yield0.0%0.0%1.1%3.9%0.0%0.0%0.0%
FCF Yield 3Y Avg-0.5%-6.2%12.4%-32.4%-41.3%-6.2%
D/E1.60.02.43.40.40.51.1
Net D/E-0.2-0.01.92.7-0.1-0.0-0.0

Returns

XPEVTSLAGMFRIVNLCIDMedian
NameXPeng Tesla General .Ford Mot.Rivian A.Lucid  
1M Rtn7.4%8.0%9.4%6.1%16.4%-30.4%7.7%
3M Rtn-0.6%0.6%21.1%15.0%3.1%-24.7%1.8%
6M Rtn-6.5%19.7%19.8%23.8%26.4%-22.6%19.8%
12M Rtn141.9%58.6%20.5%13.9%9.8%-56.1%17.2%
3Y Rtn21.0%23.6%54.5%-2.9%-55.0%-88.9%9.1%
1M Excs Rtn5.5%6.2%7.6%4.2%14.5%-32.2%5.8%
3M Excs Rtn-4.8%-11.0%9.7%7.6%-7.5%-31.4%-6.2%
6M Excs Rtn-11.4%11.2%16.8%19.4%16.6%-31.7%13.9%
12M Excs Rtn142.0%46.6%2.7%-2.8%-12.8%-72.9%-0.1%
3Y Excs Rtn-51.9%-42.9%-7.0%-63.4%-113.9%-148.6%-57.6%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Single segment30,67626,855   
Services and others  946298150
Vehicle sales  20,0425,5472,171
Total30,67626,85520,9885,8442,321


Price Behavior

Short Interest

Short Interest: As Of Date8152025
Short Interest: Shares Quantity41,568,248
Short Interest: % Change Since 731202515.6%
Average Daily Volume7,334,856
Days-to-Cover Short Interest5.67
Basic Shares Quantity951,220,816
Short % of Basic Shares4.4%

Insider Activity

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