🚀 VC round data is live in beta, check it out!
VinFast Valuation Multiples
Discover revenue and EBITDA valuation multiples for VinFast and similar public comparables like Isuzu, Leapmotor Technology, Joby Aviation, Guangzhou Automobile Group and more.
VinFast Overview
About VinFast
VinFast Auto Ltd manufactures cars, and motor vehicles, renders leasing activities, trades smartphones, and related businesses. The company is engaged in designing and manufacturing premium EVs, e-scooters, and e-buses. The company's initial EV product line is an all-new range of fully electric A- through E-segment SUVs. The Company has three reportable segments, namely Car, E-scooter and Ebus. The Car segment includes the design, development, manufacturing and sales of cars and related battery lease and battery charging services for cars. The E-scooter segment includes the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for e-scooters. The Ebus segment includes the design, development, manufacturing and sales of Ebus.
Founded
2015
HQ
Employees
17.8K
Website
Financials (LTM)
EV
$13B
VinFast Financials
VinFast reported last 12-month revenue of $4B and negative EBITDA of ($2B).
In the same LTM period, VinFast generated ($1B) in gross profit, ($2B) in EBITDA losses, and had net loss of ($4B).
Revenue (LTM)
VinFast P&L
In the most recent fiscal year, VinFast reported revenue of $2B and EBITDA of ($2B).
VinFast expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $4B | XXX | $2B | XXX | XXX | XXX |
| Gross Profit | ($1B) | XXX | ($961M) | XXX | XXX | XXX |
| Gross Margin | (32%) | XXX | (57%) | XXX | XXX | XXX |
| EBITDA | ($2B) | XXX | ($2B) | XXX | XXX | XXX |
| EBITDA Margin | (52%) | XXX | (118%) | XXX | XXX | XXX |
| EBIT Margin | (64%) | XXX | (123%) | XXX | XXX | XXX |
| Net Profit | ($4B) | XXX | ($3B) | XXX | XXX | XXX |
| Net Margin | (86%) | XXX | (176%) | XXX | XXX | XXX |
| Net Debt | — | — | $5B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
VinFast Stock Performance
VinFast has current market cap of $10B, and enterprise value of $13B.
Market Cap Evolution
VinFast's stock price is $4.21.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $13B | $10B | -0.4% | XXX | XXX | XXX | $-1.26 |
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 TrialVinFast Valuation Multiples
VinFast trades at 3.0x EV/Revenue multiple, and (5.8x) EV/EBITDA.
EV / Revenue (LTM)
VinFast Financial Valuation Multiples
As of April 18, 2026, VinFast has market cap of $10B and EV of $13B.
Equity research analysts estimate VinFast's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
VinFast has a P/E ratio of (2.7x).
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $10B | XXX | $10B | XXX | XXX | XXX |
| EV (current) | $13B | XXX | $13B | XXX | XXX | XXX |
| EV/Revenue | 3.0x | XXX | 7.7x | XXX | XXX | XXX |
| EV/EBITDA | (5.8x) | XXX | (6.6x) | XXX | XXX | XXX |
| EV/EBIT | (4.8x) | XXX | (6.3x) | XXX | XXX | XXX |
| EV/Gross Profit | (9.4x) | XXX | (13.5x) | XXX | XXX | XXX |
| P/E | (2.7x) | XXX | (3.4x) | XXX | XXX | XXX |
| EV/FCF | — | XXX | (7.2x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified VinFast 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.
VinFast Margins & Growth Rates
VinFast's revenue in the last 12 month grew by 51%.
VinFast's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.1M for the same period.
VinFast's rule of 40 is 30% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
VinFast's rule of X is 122% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
VinFast Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 51% | XXX | 115% | XXX | XXX | XXX |
| EBITDA Margin | (52%) | XXX | (118%) | XXX | XXX | XXX |
| EBITDA Growth | (28%) | XXX | 22% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 30% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 122% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 7% | XXX | 18% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 12% | XXX | 20% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 10% | XXX | 23% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 65% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
VinFast Public Comps
See public comps and valuation multiples for other Automakers and Electric Vehicles comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| VinFast | XXX | XXX | XXX | XXX | XXX | XXX |
| Isuzu | XXX | XXX | XXX | XXX | XXX | XXX |
| Leapmotor Technology | XXX | XXX | XXX | XXX | XXX | XXX |
| Joby Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| Guangzhou Automobile Group | XXX | XXX | XXX | XXX | XXX | XXX |
| Renault | 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.
VinFast M&A Activity
VinFast acquired XXX companies to date.
Last acquisition by VinFast was on XXXXXXXX, XXXXX. VinFast acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by VinFast
| 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 TrialVinFast Investment Activity
VinFast invested in XXX companies to date.
VinFast made its latest investment on XXXXXXXX, XXXXX. VinFast invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by VinFast
| 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 VinFast
| When was VinFast founded? | VinFast was founded in 2015. |
| Where is VinFast headquartered? | VinFast is headquartered in Vietnam. |
| How many employees does VinFast have? | As of today, VinFast has over 17K employees. |
| Who is the CEO of VinFast? | VinFast's CEO is Nhat Vuong Pham. |
| Is VinFast publicly listed? | Yes, VinFast is a public company listed on Nasdaq. |
| What is the stock symbol of VinFast? | VinFast trades under VFS ticker. |
| When did VinFast go public? | VinFast went public in 2023. |
| Who are competitors of VinFast? | VinFast main competitors are Isuzu, Leapmotor Technology, Joby Aviation, Guangzhou Automobile Group. |
| What is the current market cap of VinFast? | VinFast's current market cap is $10B. |
| What is the current revenue of VinFast? | VinFast's last 12 months revenue is $4B. |
| What is the current revenue growth of VinFast? | VinFast revenue growth (NTM/LTM) is 51%. |
| What is the current EV/Revenue multiple of VinFast? | Current revenue multiple of VinFast is 3.0x. |
| Is VinFast profitable? | No, VinFast is not profitable. |
| What is the current EBITDA of VinFast? | VinFast has negative EBITDA and is not profitable. |
| What is VinFast's EBITDA margin? | VinFast's last 12 months EBITDA margin is (52%). |
| What is the current EV/EBITDA multiple of VinFast? | Current EBITDA multiple of VinFast is (5.8x). |
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.