ECARX Holdings Inc.
ECARX Holdings Inc. Class A Ordinary Shares represents ownership in ECARX Holdings, a global automotive technology company focused on smart vehicle systems. ECARX develops and supplies automotive computing platforms, system-on-chip modules, intelligent cockpit solutions, digital instrument clusters, infotainment head units, and software stacks for connected and increasingly software-defined vehicles. The company also provides central computing platforms, vehicle chip-set solutions, operating systems, cloud connectivity, and related research, development, and technical services. Its products and services are used by automakers and mobility partners seeking integrated hardware and software for in-vehicle computing, connectivity, and driver experience. ECARX Holdings serves the automotive and mobility technology market across China and international markets, positioning itself within the broader shift toward intelligent, connected vehicle architecture.
$0.85
-$0.04 (-4.71%)
EOD Oct 22, 2026
The business is unprofitable at the operating level (-5.89% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 668.9% YoY with margins expanding 9.6pp.
ROIC dropped from -1.46% to -15.87%, capital efficiency is deteriorating. Negative free cash flow of -$107M. The business is consuming cash, not generating it.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$881M
▲ +668.9% YoY
Net Income (TTM)
-$19M
▼ -251.2% YoY
Op. Margin
-0.46%
▲ +9.6pp YoY
ROIC
-15.87%
▼ -14.4pp YoY
Cash Flow & Balance Sheet
FCF (FY)
-$107M
▼ -886.2% YoY
Op. Cash Flow (FY)
-$94M
▼ -1002.3% YoY
Net Debt
$337M
Cash & Equiv.
$118M
3Y CAGR: -38.0%
Continue Research
Is ECARX Holdings (ECX) overvalued?
ECARX Holdings (ECX)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, ECARX Holdings scores 15/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
Is ECARX Holdings a high-quality business?+
ECARX Holdings scores 15 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a -0.5% operating margin and a -15.9% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is ECARX Holdings a good stock to buy right now?+
That depends on valuation and quality together, not either alone. you should weigh ECX's valuation and scores 15/100 on quality (lower-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Auto Parts
Spot a number that looks wrong?
Download this analysis as a PDF (Pro)
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Keep analysing ECX
Create a free account and get 14 days of Premium: every stock and every tool.
- Unlimited stocks
- Stock screener
- Portfolio tracker
- Editable DCF
- Compare side by side
- Unlimited alerts
No card. Moves to Free after, unless you upgrade.
Already have an account?
Or come back tomorrow. Stocks on your watchlist are always free to view.