VinFast Auto Ltd. is a Vietnamese multinational automotive manufacturer that designs, develops, and produces electric vehicles for global markets. Founded in 2017 by Vingroup, one of Vietnam's largest private conglomerates, the company operates state-of-the-art manufacturing facilities in Vietnam and is expanding production internationally, including operations in India, Indonesia, and North America. VinFast's product portfolio includes battery electric SUVs such as the VF 8 and VF 9 for global markets, alongside compact models like the VF 3 and VF 6 designed for diverse market segments. The company also manufactures electric motorcycles, city buses, and scooters as part of its broader mobility ecosystem. VinFast transitioned completely to electric vehicle production, discontinuing internal combustion engine vehicles to focus on sustainable mobility solutions. With operations spanning Asia, Europe, North America, and the Middle East, VinFast positions itself as Vietnam's first global automotive manufacturer, emphasizing premium design, advanced autonomous driving technology, and comprehensive charging infrastructure to support the worldwide shift toward electric mobility.
$3.15
+$0.04 (+1.29%)
EOD Jul 17, 2026
The business is unprofitable at the operating level (-81.47% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue up 104.9% YoY with margins expanding 41.3pp.
Negative free cash flow of -VND 67.44T. The business is consuming cash, not generating it.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
VND 96.98T
▲ +104.9% YoY
Net Income (TTM)
-VND 110.00T
▼ -28.7% YoY
Op. Margin
-86.89%
▲ +41.3pp YoY
ROIC
-42.00%
▲ +16.3pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-VND 67.04T
▼ -43.0% YoY
Op. Cash Flow (TTM)
-VND 49.51T
▼ -47.5% YoY
Net Debt
VND 119.56T
Cash & Equiv.
VND 10.40T
3Y CAGR: +82.0%
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VinFast Auto (VFS)'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, VinFast Auto scores 36/100 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 SEC filings; read the full . This is analysis, not investment advice.
VinFast Auto scores 36 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 -86.9% operating margin and a -42.0% 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 SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
That depends on valuation and quality together, not either alone. you should weigh VFS's valuation and scores 36/100 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 SEC filings, not investment advice.