🚀 VC round data is live in beta, check it out!
Microvast Valuation Multiples
Discover revenue and EBITDA valuation multiples for Microvast and similar public comparables like Kimball Electronics, Phoenix Bicycle, Energy Vault, FTAI Infrastructure and more.
Microvast Overview
About Microvast
Microvast Holdings Inc is a technology innovator that designs, develops, and manufactures lithium-ion battery solutions. It is renowned for its cutting-edge cell technology and its vertical integration capabilities which extends from core battery chemistry to battery packs.
Founded
2006
HQ
Employees
2.3K
Website
Sectors
Financials (LTM)
EV
$929M
Microvast Financials
Microvast reported last 12-month revenue of $443M.
In the same LTM period, Microvast generated $126M in gross profit and had net loss of ($15M).
Revenue (LTM)
Microvast P&L
In the most recent fiscal year, Microvast reported revenue of $428M and EBITDA of $3M.
Microvast expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $443M | XXX | $428M | XXX | XXX | XXX |
| Gross Profit | $126M | XXX | $122M | XXX | XXX | XXX |
| Gross Margin | 28% | XXX | 29% | XXX | XXX | XXX |
| EBITDA | — | XXX | $3M | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 1% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 3% | XXX | XXX | XXX |
| Net Profit | ($15M) | XXX | ($29M) | XXX | XXX | XXX |
| Net Margin | (3%) | XXX | (7%) | XXX | XXX | XXX |
| Net Debt | — | — | $262M | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Microvast Stock Performance
Microvast has current market cap of $649M, and enterprise value of $929M.
Market Cap Evolution
Microvast's stock price is $1.95.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $929M | $649M | 5.1% | XXX | XXX | XXX | $-0.09 |
Benchmark Trading Valuation Multiples by Industry
Sign up to access valuation multiples like growth-adjusted P/E, Rule of 40, next 12-month EV/Revenue, EBITDA multiples by industry, consensus analyst estimates and many more.
Start Free TrialMicrovast Valuation Multiples
Microvast trades at 2.1x EV/Revenue multiple, and 266.0x EV/EBITDA.
EV / Revenue (LTM)
Microvast Financial Valuation Multiples
As of April 18, 2026, Microvast has market cap of $649M and EV of $929M.
Equity research analysts estimate Microvast's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Microvast has a P/E ratio of (42.3x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $649M | XXX | $649M | XXX | XXX | XXX |
| EV (current) | $929M | XXX | $929M | XXX | XXX | XXX |
| EV/Revenue | 2.1x | XXX | 2.2x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 266.0x | XXX | XXX | XXX |
| EV/EBIT | 64.1x | XXX | 83.5x | XXX | XXX | XXX |
| EV/Gross Profit | 7.4x | XXX | 7.6x | XXX | XXX | XXX |
| P/E | (42.3x) | XXX | (22.2x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | 16.6x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Microvast Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Microvast Margins & Growth Rates
Microvast's revenue in the last 12 month grew by 13%.
Microvast's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.0M for the same period.
Microvast Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 13% | XXX | 12% | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 1% | XXX | XXX | XXX |
| EBITDA Growth | — | XXX | (102%) | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 5% | XXX | 5% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 13% | XXX | 14% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 8% | XXX | 8% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 26% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Microvast Public Comps
See public comps and valuation multiples for other Electric Vehicles and Electrical Parts & Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Microvast | XXX | XXX | XXX | XXX | XXX | XXX |
| Kimball Electronics | XXX | XXX | XXX | XXX | XXX | XXX |
| Phoenix Bicycle | XXX | XXX | XXX | XXX | XXX | XXX |
| Energy Vault | XXX | XXX | XXX | XXX | XXX | XXX |
| FTAI Infrastructure | XXX | XXX | XXX | XXX | XXX | XXX |
| ADS-TEC Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Microvast M&A Activity
Microvast acquired XXX companies to date.
Last acquisition by Microvast was on XXXXXXXX, XXXXX. Microvast acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Microvast
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Get Verified M&A Valuation Multiples
Sign up to see revenue and EBITDA valuation multiples for 150K+ M&A deals.
Start Free TrialMicrovast Investment Activity
Microvast invested in XXX companies to date.
Microvast made its latest investment on XXXXXXXX, XXXXX. Microvast invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Microvast
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAbout Microvast
| When was Microvast founded? | Microvast was founded in 2006. |
| Where is Microvast headquartered? | Microvast is headquartered in United States. |
| How many employees does Microvast have? | As of today, Microvast has over 2K employees. |
| Who is the CEO of Microvast? | Microvast's CEO is Yang Wu. |
| Is Microvast publicly listed? | Yes, Microvast is a public company listed on Nasdaq. |
| What is the stock symbol of Microvast? | Microvast trades under MVST ticker. |
| When did Microvast go public? | Microvast went public in 2021. |
| Who are competitors of Microvast? | Microvast main competitors are Kimball Electronics, Phoenix Bicycle, Energy Vault, FTAI Infrastructure. |
| What is the current market cap of Microvast? | Microvast's current market cap is $649M. |
| What is the current revenue of Microvast? | Microvast's last 12 months revenue is $443M. |
| What is the current revenue growth of Microvast? | Microvast revenue growth (NTM/LTM) is 13%. |
| What is the current EV/Revenue multiple of Microvast? | Current revenue multiple of Microvast is 2.1x. |
| Is Microvast profitable? | No, Microvast is not profitable. |
| What is the current net income of Microvast? | Microvast's last 12 months net income is ($15M). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.