Microvast Holdings, Inc.
$267.53M- Market cap
- $266.21M
- Debt
- +$106.28M
- Cash
- −$104.96M
Capital structure 71% equity / 29% debt · EV / Revenue 0.63x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: MVST stock price at discount vs HPE $0.69 current versus $2.24 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HPE's multiple
Implied fair value · at MVST's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: MVST FY 2025 (ended Dec 31, 2025) · HPE FY 2025 (ended Oct 31, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 71% equity / 29% debt · EV / Revenue 0.63x
Capital structure 76% equity / 24% debt · EV / Revenue 2.50x · EV / EBITDA 18.86x
HPE carries the larger enterprise value at $85.68B against $267.53M; MVST trades on the lower EV / Revenue multiple (0.63x vs 2.50x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Microvast Holdings, Inc. · implied price per share
At least 3 of the last 5 annual free-cash-flow observations must be positive.
HEWLETT PACKARD ENTERPRISE COMPANY · implied price per share
Bear
-$1.28
Base
$0.93
Bull
$3.91
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.26x
0.91x
Net debt / EBITDA
Leverage against operating earnings
-0.05x
3.66x
Cash and equivalents
Liquid reserves on the balance sheet
$104.96M
$5.77B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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$106.28M
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