Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

VinFast Auto Ltd.

VFSNASDAQ
Wall Street Score · overall investment30/100
$3.44USD+$0.08 (+2.38%)
Company website www.vinfastauto.us
HeadquartersDinh Vu – Cat Hai Economic Zone, Hai Phong, CT, VN
Financial statement currencyVND · converted to USD at 0.000039
Consumer Cyclical · Auto - Manufacturers
Price updated todayFinancials updated Oct 26, 2026

VFS · Price history

Price at last available close

$3.44

+$0.32 (+10.26%) 1M

2026-10-29

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Company & revenue

About VinFast Auto Ltd.

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

VinFast Auto Ltd. is an international company that specializes in the design, development, and production of electric vehicles (EVs), e-scooters, and e-buses. Its operations extend across Vietnam, Canada, and the United States. The company's core business is organized into three distinct segments: Cars, E-scooters, and E-buses.

How they make money

VinFast generates revenue primarily through the design, development, manufacturing, and sale of electric vehicles, including SUVs and e-scooters. The company also earns income from the provision of charging infrastructure services, battery subscription programs, and after-sales maintenance and repair services.

Products & services

Electric vehicles (SUVs), electric scooters, electric buses, and charging infrastructure solutions.

Brands & revenue mix

VinFast

Primary brand for electric vehicles and mobility solutions.

Separate brand revenue is not available in this research.Source

Green Series

Secondary brand associated with mobility offerings.

Separate brand revenue is not available in this research.Source

Lac Hong

Secondary brand associated with mobility offerings.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

VIET NAMVND 80.38T88.9%

Period ended 2025-12-31Source

Asia PacificVND 6.82T7.5%

Period ended 2025-12-31Source

UNITED STATESVND 1.58T1.8%

Period ended 2025-12-31Source

CANADAVND 1.07T1.2%

Period ended 2025-12-31Source

EuropeVND 329.52B0.4%

Period ended 2025-12-31Source

Calculated from reported segment revenue. Check the source period and revenue basis before comparing shares. Categories can overlap and may not add to 100%.

Customer types

Customer concentration

The company does not disclose specific customer concentration figures in its 2025 annual report.

Suppliers, materials & equipment

  • supplier_category — The company relies on various third-party suppliers for automotive components, raw materials, and battery cells; specific supplier names are not disclosed in the annual report.Source

Competitors

  • Tesla, Inc. — Global manufacturer of electric vehicles and energy storage solutions.Source
  • BYD Company Limited — Manufacturer of electric vehicles, plug-in hybrids, and battery technology.Source

Strengths

  • Integrated manufacturing capabilitiesSource
  • Strong domestic market presence in VietnamSource

Risks

  • Dependence on charging infrastructure availabilitySource
  • Intense competition in the global EV marketSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

30

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

62

Fair

Financial Strength

34

Business Quality / Moat

100

Management

67

Growth Quality

81

Risk / Durability

19

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

37

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

53/100

Building Historical Record

Model Score 53/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently moderate.

What we like

No strong positive signal is being highlighted from the currently available summary data.

What to watch
  • •Severe debt stress
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Debt / balance-sheet profile needs attention
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for VFS

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can VFS maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •How long can VFS fund negative free cash flow using its current cash position before it may need more debt or new shares?
  • •Is VFS's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for VFS to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify VFS's current valuation?
Severe debt stress
Business analysis: 17 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

30

0–100 · Poor

Opportunity Score

37

0–100 · Weak

Market Cap

$8.05B

P/E Ratio

-1.4

EPS

$-2.09

52-Week High

$5.29

52-Week Low

$2.78

Beta

0.92

Analyst Target

$4.00

Shares Outstanding

2.34B

Total Revenue

$4.33B

Total Debt

$1.91B

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$-1.45

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
81/ 100
+49 pts / 5d

Strong upward momentum

5D +16.2% · 20D +12.4% · RSI 65 · Price vs 20D avg +11.7%
Volatility
47/ 100
+11 pts / 5d

Normal movement

20D realized vol 50.1% · 60D 40.8% · Acceleration 1.23x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for VFS

Detected from reported data — verify before acting.

Severe debt stress

Negative shareholder equity • Total debt is at least one year of revenue • Interest coverage is below 2x • Free cash flow is negative • Cash covers less than 20% of total debt

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on VFS.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Integrated manufacturing capabilities.
  • +Strong domestic market presence in Vietnam.

Potential downside factors

  • −Debt risk (severe): Negative shareholder equity.
  • −Total debt is at least one year of revenue.
  • −Interest coverage is below 2x.
  • −Free cash flow is negative.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak30/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

30

Tap for breakdown →

Poor

20

Debt Cost17.2%
Debt Reduction YoY11.2%
Debt / Equity-0.75x

Tap for breakdown →

Weak

44

Revenue YoY22.7%
Revenue CAGR80.1%
Net Margin-113.1%

Tap for breakdown →

Weak

43

Asset Growth YoY17.1%
Liquidation/Share-$1.45
Net Assets/MCap0.14x

Tap for breakdown →

Poor

0

Earnings Yield-69.5%
Buyback Yield0.0%
Debt Cost17.2%

Tap for breakdown →

Fair

67

ROIC94.0%
ROE107.5%
ROA-167.7%

Tap for breakdown →

Elite

100

EPS Growth—
FCF/Share Growth—
Rev/Share Growth79.0%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Weak

45

Revenue44
Moat100
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

25

Interest Coverage-3.2x
ROIC94.0%
FCF Yield-37.3%

Tap for breakdown →

Poor

24

Financial25
Valuation0
Debt20

Tap for breakdown →

Poor

21

Survival Years0.2 yrs
Current Ratio0.52x
FCF Margin-74.6%

Tap for breakdown →

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Score Changes

3 historical score records available

Previous Score

30

Oct 1, 2026

Change

+0.1

points

Current Score

30

Oct 26, 2026

Category Changes

Revenue+10.9
Debt0
Assets-11.4
Capital0
Management0
Moat0
Valuation0
Buffett+0.5

VFS increased 0.1 points because Revenue improved by 10.9 points.

Positive Contributors

  • + Revenue improved by 10.9 points

Negative Contributors

  • − Asset declined by 11.4 points

Projected Score

Projected Score

33

Projected Change

+3.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 3.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$3.44

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

202020212022202320242025$0$900M$1.8B$2.7B$3.6B

Additional Metrics

Operating Cash Flow

202020212022202320242025-$2.2B-$1.6B-$1.1B-$550M$0

Total Debt

202020212022202320242025$0$1.5B$3.0B$4.5B$6.0B

Total Assets

202020212022202320242025$0$2.0B$4.0B$6.0B$8.0B

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Large reported revenue change: +105.4%

Revenue changed sharply from 2024 to 2025. This can reflect a real business change, acquisition, divestiture, discontinued operations, restatement, or reporting-basis change. Compare the underlying filing before treating it as normal growth or decline.

TTM may combine quarters from before and after the event, so its trend can also be distorted.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM202520242023202220212020
Revenue$4.33B$3.53B$1.72B$1.09B············
Cost of Revenue$6.75B$5.03B$2.70B$1.62B············
Gross Profit-$2.42B-$1.50B-$985.8M-$534.7M············
Research & Development$466.5M$386.1M$391.0M$566.2M············
SG&A Expenses$855.9M$830.5M$658.6M$439.7M············
Operating Expenses$1.39B$1.29B$1.17B$1.10B············
EBITDA-$3.38B-$2.46B-$1.72B-$1.34B············
Operating Income-$3.80B-$2.79B-$2.16B-$1.64B············
Interest Expense$715.6M$870.3M$610.8M$470.9M············
Income Before Tax-$4.62B-$3.78B-$3.02B-$2.35B············
Income Tax Expense$4.3M$14.5M-$1.2M$3.0M············
Net Income-$4.89B-$3.78B-$3.01B-$2.35B············
Basic EPS$-2.09$-1.62$-1.29$-0.96············
Basic Shares2.34B2.34B2.34B2.31B············
Diluted Shares2.34B2.34B2.34B2.31B············
Upgrade to Premium for up to 10 annual periods, where available.
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Earnings Summary

Estimated earnings date:Nov 20, 2026
Estimated EPS: -$0.46Estimated revenue: $1.21B
Jun 30, 2026Q2FY2026

Revenue

$1.18B

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$0.64

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

-40.7%

Cash Change

-38.9%

Margin Change

-4.1 pp

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Debt reduced

What Weakened

  • Margins contracted
  • Cash position declined

Potential Score Impact

Positive indicators included revenue growth, EPS growth, debt levels. Pressure indicators included cash levels, net income margin. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

Revenue increased 82.8%. EPS increased 88.1%. Cash declined 38.9%. Total debt declined 40.7%. Net income margin declined by 4.1 percentage points.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 122 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Loading data...

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

3 historical records
Jul 24, 26Oct 1, 26Oct 26, 260255075100

Historical Score Chart

3 of 3 records shown

Wall Street Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Debt Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Revenue Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Asset Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Capital Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Management Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Moat Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Valuation Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Buffett Score

Jul 24, 26Oct 1, 26Oct 26, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · VFS

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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