# WeRide Inc. (WRD) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software. Price $4.31, market value $1.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). WeRide Inc. 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: 11.4×**. Each dollar of revenue is priced at 11.4×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.5×**. The shares trade at 1.5× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -16.6%** (5-yr avg -58.7%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Gross margin: 32.8%**. WeRide Inc. keeps 32.8% of revenue after the direct cost of what it sells.
- **Operating margin: -216.4%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -241.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: -20.9%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -153.9%**. Return on all capital, debt included, is -153.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -18.5%**. Each dollar of assets produces -18.5% of profit.

## Growth
- **Revenue growth (1 yr): 89.6%** (3-yr 9.1%/yr). Revenue grew 89.6% over the last year.
- **EPS growth (1 yr): 37.1%**. Earnings per share rose 37.1%, slower than revenue, so margins compressed.

## Financial health
- **Debt to equity: 0.05**. Debt is 0.05 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 4.4×**. It would take 4.4 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 8.20** (quick 7.88). Current assets cover the next year's liabilities 8.20 times.
- **Altman Z-score: 2.43**. A Z-score of 2.43 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 3/9**. 3 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend: none**. WeRide Inc. does not currently pay a dividend, but it returned -22.3% of its market value through buybacks over the last year.

## Analyst view
- **Analyst consensus: strong_buy** (12 analysts). 12 analysts cover WeRide Inc.; the consensus is strong_buy, with an average price target of $12.34 (+186% 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): -59.9%** (YTD -50.7%, 3-mo -27.5%). The shares are down 59.9% over twelve months including dividends.
- **From 52-week high: -58.6%** (6.9% above the low). Trading 59% 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): 41**. An RSI of 41 is neutral.
- **Beta (1 yr): 2.55** (volatility 60%). Beta of 2.55 against the S&P 500: the shares move much more than the market.

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

Not investment advice.