Microvast Holdings, Inc.
$267.14M- Market cap
- $265.83M
- Debt
- +$106.28M
- Cash
- −$104.96M
Capital structure 71% equity / 29% debt · EV / Revenue 0.62x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: MVST stock price at discount vs XPO $0.69 current versus $3.08 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 XPO'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 edge
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) · XPO FY 2025 (ended Dec 31, 2025).
Trendline
Ten 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 0.62x
Capital structure 87% equity / 13% debt · EV / Revenue 3.15x · EV / EBITDA 35.51x
XPO carries the larger enterprise value at $25.71B against $267.14M; MVST trades on the lower EV / Revenue multiple (0.62x vs 3.15x).
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.
XPO, Inc. · implied price per share
Bear
-$17.35
Base
-$15.65
Bull
-$13.36
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
1.83x
Net debt / EBITDA
Leverage against operating earnings
-0.05x
4.28x
Cash and equivalents
Liquid reserves on the balance sheet
$104.96M
$310.00M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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