# ECARX Holdings Inc. Class A (ECX) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology. Price $1.05, market value $413 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). ECARX Holdings Inc. Class A reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **PEG: 0.29**. A PEG of 0.29 means the P/E is low relative to expected earnings growth: the market is not paying much for that growth.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **EV / EBITDA: 51.4×**. Enterprise value is 51.4× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: -25.8%** (5-yr avg -12.5%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 20.9%**. ECARX Holdings Inc. Class A keeps 20.9% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -0.5%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -7.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: 23.4%**. 23.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 6.9%**. Return on all capital, debt included, is 6.9%.
- **Return on assets: -2.7%**. Each dollar of assets produces -2.7% of profit.

## Growth
- **Revenue growth (1 yr): 9.9%** (3-yr 18.0%/yr). Revenue grew 9.9% over the last year.
- **EPS growth (1 yr): 48.7%**. Earnings per share rose 48.7%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Net debt / EBITDA: 18.1×**. It would take 18.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: -0.1×**. Operating profit covers interest only -0.1×: fragile.
- **Altman Z-score: 0.67**. A Z-score of 0.67 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 1/9**. 1 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. ECARX Holdings Inc. Class A does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (4 analysts). 4 analysts cover ECARX Holdings Inc. Class A; the consensus is strong_buy, with an average price target of $3.05 (+191% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -31.4%** (YTD -39.0%, 3-mo -13.2%). The shares are down 31.4% over twelve months including dividends.
- **From 52-week high: -61.1%** (19.5% above the low). Trading 61% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 44**. An RSI of 44 is neutral.
- **Beta (1 yr): 1.37** (volatility 83%). Beta of 1.37 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ECX · Page: https://foliofundamentals.com/stocks/ecx

Not investment advice.