# Pony AI Inc. American (PONY) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Technology / Software. Price $7.35, market value $3.2 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Pony AI Inc. American 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.
- **Price / sales: 25.5×**. Each dollar of revenue is priced at 25.5×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 2.0×**. The shares trade at 2.0× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -7.8%** (5-yr avg -5.6%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 16.2%**. Pony AI Inc. American keeps 16.2% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -214.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -148.9%**. The company reported a net loss over the last twelve months.
- **Return on equity: -8.1%**. Return on equity is negative because earnings are negative.
- **Return on assets: -8.2%**. Each dollar of assets produces -8.2% of profit.

## Growth
- **Revenue growth (1 yr): 20.0%** (3-yr 9.6%/yr). Revenue grew 20.0% over the last year.
- **EPS growth (1 yr): 85.4%**. Earnings per share rose 85.4%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Current ratio: 13.67** (quick 13.67). Current assets cover the next year's liabilities 13.67 times.
- **Altman Z-score: 20.07**. A Z-score of 20.07 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. Pony AI Inc. American does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (16 analysts). 16 analysts cover Pony AI Inc. American; the consensus is strong_buy, with an average price target of $20.43 (+178% 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): -46.0%** (YTD -49.3%, 3-mo -14.7%). The shares are down 46.0% over twelve months including dividends.
- **From 52-week high: -70.5%** (15.5% above the low). Trading 71% 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): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 3.01** (volatility 73%). Beta of 3.01 against the S&P 500: the shares move much more than the market.

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

Not investment advice.