APTV
Aptiv PLC
APTV has a slight edge over NIO overall, supported by stronger valuation and lower modeled downside.
NIO
NIO Inc.
NIO offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
APTV Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Healthy | |
| Under pressure | |
| Healthy |
APTV's profitability and balance sheet are currently healthy, but its revenue and cash flow are under pressure.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
APTV PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 6.6x | $38.81 | — |
| Cheap | 8.2x | $29.76 | -23% |
| Current | 11x | $38.81 | — |
| Fair | 26x | $92.99 | +140% |
| Expensive | 76x | $277 | +613% |
Historical ranges are pointers, not guarantees.
APTV's PE is in its cheap range at 11x. On analysts' estimates for next year's earnings, today's price would be 6.6x.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
APTV Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Stable | |
| Strong decline | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect APTV's profitability to improve, but its revenue to decline. However, they disagree widely on these estimates.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over APTV on the outlook, with more favorable earnings and revenue expectations.
APTV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.85 | +61% |
| Q3 2026 | $3.63 | +188% |
| Q2 2026 | $1.06 | -76% |
| Q1 2026 | $1.69 | -72% |
| Q4 2025 | $0.76 | -89% |
| Q3 2025 | $1.26 | -86% |
| Q2 2025 | $4.37 | -67% |
| Q1 2025 | $6.04 | -43% |
| Q4 2024 | $6.88 | -34% |
APTV has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO is still losing money, but far less than before: $0.29 per share over the past year, against $1.93 at its worst in late 2023.
APTV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.2B | -39% |
| Q2 2026 | $3.3B | -37% |
| Q1 2026 | $5.1B | +5.4% |
| Q4 2025 | $5.2B | +5% |
| Q3 2025 | $5.2B | +7.4% |
| Q2 2025 | $5.2B | +3.1% |
| Q1 2025 | $4.8B | -1.6% |
| Q4 2024 | $4.9B | -0.2% |
APTV's revenue has slid since its 2025 peak: $3.2B last quarter, down 39% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 8.8% | +12 points |
| Q2 2026 | 11% | +1.9 points |
| Q1 2026 | 7.4% | -1.8 points |
| Q4 2025 | 8.3% | -1.5 points |
| Q3 2025 | -3.4% | -14 points |
| Q2 2025 | 9.3% | +0.6 points |
| Q1 2025 | 9.3% | +0.7 points |
| Q4 2024 | 9.8% | +2.5 points |
APTV has the edge over NIO on profitability, with a higher operating margin.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over APTV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO's operating margin was −2.1% last quarter, up 24 points from the same quarter a year ago.
APTV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $194M | -56% |
| Q2 2026 | $33M | -91% |
| Q1 2026 | -$362M | -576% |
| Q4 2025 | $651M | -27% |
| Q3 2025 | $441M | +35% |
| Q2 2025 | $361M | -13% |
| Q1 2025 | $76M | +$97M |
| Q4 2024 | $894M | +112% |
APTV still generates free cash flow, though less than at its 2024 peak: $516M over the past year.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO has the edge over APTV on cash flow, with more consistent year-over-year improvement.
APTV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.7% | -5.8M shares |
| 1 year | -5.1% | -11.1M shares |
| 3 years | -27% | -76.7M shares |
| 5 years | -24% | -64.9M shares |
| Available history | -20% | -50.1M shares |
APTV has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $236M |
| Q2 2026 | $246M |
| Q1 2026 | $76M |
| Q4 2025 | $301M |
| Q3 2025 | $96M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
APTV spent $859M buying back its own shares over the past year, about nine times what it spent the year before.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
APTV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 2.4x | Moderate |
| Q1 2026 | 3.0x | Moderate |
| Q4 2025 | 2.7x | Moderate |
| Q3 2025 | 2.7x | Moderate |
| Q2 2025 | 2.2x | Moderate |
| Q1 2025 | 2.5x | Moderate |
| Q4 2024 | 2.6x | Moderate |
APTV's net debt is about 2.0 years of its operating earnings (EBITDA), down from 2.7 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
APTV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 29.1 | Oversold |
| Stochastic | 5.1 | Oversold |
APTV's weekly RSI is 29 (oversold) and its Stochastic is 5 (oversold).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
APTV PE vs Consumer Cyclical Sector
| Metric | APTV | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 41% below |
| PE % | 24 | 47 | 23 pts below |
APTV is trading at 11x earnings, a 41% discount to the Consumer Cyclical sector's median of 18x.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
APTV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $42.7 | 9.2% below |
| 20 week MA | $48.1 | 19% below |
| 50 week MA | $60.5 | 36% below |
| 100 week MA | $64.8 | 40% below |
| 200 week MA | $75.4 | 49% below |
APTV is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
APTV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $96.3 | $128.4 | +33% |
| 2021 | $128.4 | $162.4 | +26% |
| 2022 | $162.4 | $91.3 | -44% |
| 2023 | $91.3 | $89.7 | -1.7% |
| 2024 | $89.7 | $60.3 | -33% |
| 2025 | $60.3 | $76.9 | +27% |
| 2026 YTD | $76.9 | $38.8 | -50% |
APTV has finished lower in three of the last six years. It's down 50% so far in 2026.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO has the edge over APTV on returns for 2026, with the stronger performance.