VinFast Auto Ltd. (VFS)Consumer Cyclical | Auto Manufacturers | Hai phong, Vietnam | NasdaqGS
3.07 USD
+0.02
(0.656%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 3.04 -0.03 (-0.030%) ⇩ (July 13, 2026, 7:20 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 2:46 a.m. EDT
The investment case for VinFast is currently broken by a catastrophic failure in execution and financial management. The company is hemorrhaging cash at an alarming rate, with free cash flow reported as a negative number so large it suggests a data error or extreme dilution, while the balance sheet shows negative book value and a current ratio of less than 0.5. This indicates the company cannot meet its short-term obligations without further capital raising, which will likely dilute existing shareholders further. The price trajectory confirms this distress: the stock has lost nearly 64% of its value over the last three years, with the last two years showing consecutive double-digit declines. Despite headlines touting 'explosive growth' and delivery numbers, the market is pricing in a survival crisis, not a turnaround. The negative gross margins indicate the business model is fundamentally flawed; they are losing money on every car sold. There is no dividend to provide income, and the options market reflects deep pessimism with heavy put positioning. While the stock trades at a penny price, making it attractive for speculative gamblers hoping for a binary event, it fails every metric required for a serious investment. The combination of negative earnings, negative book value, and a multi-year price decline makes this a dangerous value trap rather than a bargain. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.166997 |
| AutoETS | 0.168349 |
| AutoTheta | 0.168445 |
| AutoARIMA | 0.168552 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 23.23 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.110 |
| Excess Kurtosis | -1.31 |
| Attribute | Value |
|---|---|
| Sector | Consumer Cyclical |
| Market Cap | 7,182,375,936 |
| Forward P/E | -3.02 |
| Beta | 0.92 |
| Profit Margins | -113.19% |
| Previous Name | Black Spade Acquisition Co |
| Website | https://www.vinfastauto.us |
As of July 11, 2026, 2:46 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes $1.00 and $2.00) expiring late in 2026 and early 2027. While there is some call volume at higher strikes ($7.00), the overwhelming capital allocation is in put writing and buying, suggesting a consensus view of continued volatility and potential further declines rather than an imminent rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.13841808 |
| Address1 | Dinh Vu – Cat Hai Economic Zone |
| Address2 | Cat Hai Islands, Cat Hai Town Cat Hai District |
| All Time High | 93.0 |
| All Time Low | 2.255 |
| Ask | 3.89 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 426,740 |
| Average Daily Volume3 Month | 653,949 |
| Average Volume | 653,949 |
| Average Volume10Days | 426,740 |
| Beta | 0.918 |
| Bid | 2.19 |
| Bid Size | 2 |
| Book Value | -64,507.047 |
| City | Hai phong |
| Country | Vietnam |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 3.07 |
| Current Ratio | 0.477 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 3.09 |
| Day Low | 3.005 |
| Display Name | VinFast Auto |
| Earnings Call Timestamp End | 1,780,920,000 |
| Earnings Call Timestamp Start | 1,780,920,000 |
| Earnings Timestamp | 1,780,921,800 |
| Earnings Timestamp End | 1,788,438,600 |
| Earnings Timestamp Start | 1,788,438,600 |
| Ebitda | -72,608,989,052,928 |
| Ebitda Margins | -0.74867994 |
| Eps Current Year | -1.534 |
| Eps Forward | -1.018 |
| Eps Trailing Twelve Months | -1.79 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 3.4685 |
| Fifty Day Average Change | -0.39849997 |
| Fifty Day Average Change Percent | -0.11489116 |
| Fifty Two Week Change Percent | -13.841808 |
| Fifty Two Week High | 5.285 |
| Fifty Two Week High Change | -2.215 |
| Fifty Two Week High Change Percent | -0.4191107 |
| Fifty Two Week Low | 2.78 |
| Fifty Two Week Low Change | 0.28999996 |
| Fifty Two Week Low Change Percent | 0.10431653 |
| Fifty Two Week Range | 2.78 - 5.285 |
| Financial Currency | VND |
| First Trade Date Milliseconds | 1,631,021,400,000 |
| Float Shares | 49,644,954 |
| Forward Eps | -1.018 |
| Forward P E | -3.015717 |
| Free Cashflow | -53,250,812,280,832 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 29,878 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | -0.53801996 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.97878 |
| Held Percent Institutions | 0.00184 |
| Implied Shares Outstanding | 2,339,536,010 |
| Industry | Auto Manufacturers |
| Industry Disp | Auto Manufacturers |
| Industry Key | auto-manufacturers |
| Ipo Expected Date | 2,023-08-15 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Long Business Summary | VinFast Auto Ltd. engages in the design and manufacture of electric vehicles (EV), e-scooters, and e-buses in Vietnam, Canada, and the United States. The company operates through three segments: namely Car, E-scooters and Ebus. It offers the design, development, manufacturing and sales of e-scooters and related battery lease and battery charging service for cars, e-scooters, and Ebus. The company offers electric SUV, mini car EV, mid-size pickup electric truck, 7-seater MPV, E-bus, E-scooter, electric bike, and battery technology and solutions. The company has a strategic collaboration with Nvidia for the development of a next-generation level 4 autonomous driving program. VinFast Auto Ltd. is based in Hai phong, Vietnam. VinFast Auto Ltd. operates as a subsidiary of Vingroup Joint Stock Company. |
| Long Name | VinFast Auto Ltd. |
| Market | us_market |
| Market Cap | 7,182,375,936 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1780007243 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-13 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 7,182,375,550 |
| Number Of Analyst Opinions | 4 |
| Open | 3.08 |
| Operating Margins | 0.0 |
| Payout Ratio | 0.0 |
| Phone | 84 2 2539 69999 |
| Post Market Change | -0.029999971 |
| Post Market Change Percent | -0.97719777 |
| Post Market Price | 3.04 |
| Post Market Time | 1,783,984,851 |
| Prev Name | Black Spade Acquisition Co |
| Previous Close | 3.05 |
| Price Eps Current Year | -2.0013037 |
| Price Hint | 4 |
| Price To Book | -0.0000475917 |
| Profit Margins | -1.1318699 |
| Quick Ratio | 0.079 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.02 |
| Regular Market Change Percent | 0.655737 |
| Regular Market Day High | 3.09 |
| Regular Market Day Low | 3.005 |
| Regular Market Day Range | 3.005 - 3.09 |
| Regular Market Open | 3.08 |
| Regular Market Previous Close | 3.05 |
| Regular Market Price | 3.07 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 387,037 |
| Return On Assets | -0.30674 |
| Revenue Growth | 0.417 |
| Sand P52 Week Change | 0.20847368 |
| Sector | Consumer Cyclical |
| Sector Disp | Consumer Cyclical |
| Sector Key | consumer-cyclical |
| Shares Outstanding | 2,339,536,010 |
| Shares Percent Shares Out | 0.00090000004 |
| Shares Short | 2,209,464 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 2,132,808 |
| Short Name | VinFast Auto Ltd. |
| Short Percent Of Float | 0.044499997 |
| Short Ratio | 3.7 |
| Source Interval | 15 |
| Symbol | VFS |
| Target High Price | 7.7 |
| Target Low Price | 5.0 |
| Target Mean Price | 6.05 |
| Target Median Price | 5.75 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.79 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 3.4346 |
| Two Hundred Day Average Change | -0.36460018 |
| Two Hundred Day Average Change Percent | -0.10615506 |
| Type Disp | Equity |
| Volume | 387,037 |
| Website | https://www.vinfastauto.us |