BGSI
Boyd Group Services Inc.
BGSI has the edge over NIO overall, supported by lower modeled downside.
NIO
NIO Inc.
NIO offers stronger modeled upside, but that advantage does not outweigh its weaker overall profile.
BGSI Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Healthy | |
| Weak |
BGSI's revenue, profitability and cash flow are currently healthy, but its balance sheet is weak.
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.
BGSI PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 19x | $74.46 | — |
| Cheap | 119x | $56.01 | -25% |
| Fair | 142x | $66.59 | -11% |
| Current | 160x | $74.46 | — |
| Expensive | 171x | $80.22 | +7.7% |
Historical ranges are pointers, not guarantees.
BGSI's PE is 160x, but its earnings don't support one, so it isn't a reliable read right now.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
BGSI Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Stable | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for BGSI, with profitability holding steady. However, they disagree widely on these estimates.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over BGSI on the outlook, with more favorable profitability expectations.
BGSI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.96 | +743% |
| Q2 2026 | $0.47 | +27% |
| Q1 2026 | $0.67 | +8.1% |
| Q4 2025 | $0.83 | -27% |
| Q3 2025 | $0.74 | -61% |
BGSI 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.
BGSI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1B | +30% |
| Q1 2026 | $982.9M | +26% |
| Q4 2025 | $793.9M | +5.5% |
| Q3 2025 | $790.2M | +5% |
| Q2 2025 | $780.4M | +0.2% |
| Q1 2025 | $778.3M | -1% |
| Q4 2024 | $752.3M | +1.7% |
BGSI's revenue has grown year over year for five quarters in a row: $1B last quarter, up 30% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 13% | +9.1 points |
| Q1 2026 | 4.1% | +1.4 points |
| Q4 2025 | 5.1% | +1.9 points |
| Q3 2025 | 4.7% | +1.7 points |
| Q2 2025 | 4.3% | 0 points |
| Q1 2025 | 2.8% | -7.6 points |
| Q4 2024 | 3.2% | -9.5 points |
| Q3 2024 | 3% | N/A |
BGSI 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 BGSI 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.
BGSI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $88.3M | +1.1% |
| Q1 2026 | $96M | +77% |
| Q4 2025 | $62.1M | -1.9% |
| Q3 2025 | $83.7M | +77% |
| Q2 2025 | $87.4M | +45% |
| Q1 2025 | $54.3M | -13% |
| Q4 2024 | $63.2M | -25% |
BGSI has the edge over NIO on cash flow, with more consistent year-over-year improvement.
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's free cash flow was $0 over the past year, against −$2.5B the year before.
BGSI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.2% | +68.3K shares |
| 1 year | +30% | +6.4M shares |
BGSI has 28M diluted shares, up 30% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BGSI hasn't bought back shares in the past year.
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 the edge over BGSI on shareholder dilution, with a more favorable share count trend.
| 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.
BGSI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.8x | High |
| Q1 2026 | 5.4x | High |
| Q4 2025 | 1.4x | Healthy |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 3.9x | Elevated |
| Q1 2025 | 3.9x | Elevated |
| Q4 2024 | 4.1x | High |
| Q3 2024 | 4.3x | High |
BGSI's net debt is about 4.8 years of its operating earnings (EBITDA), up from 3.9 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.
BGSI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 32.6 | Neutral |
| Stochastic | 21.0 | Neutral |
BGSI's weekly RSI is 33 (neutral) and its Stochastic is 21 (neutral).
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).
BGSI PE vs Consumer Cyclical Sector
| Metric | BGSI | Sector median | Relative |
|---|---|---|---|
| PE | 160x | 18x | 786% above |
| PE % | 81 | 13 | 68 pts above |
BGSI is trading at 160x earnings, a 786% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
BGSI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.8 | 7.9% below |
| 20 week MA | $89.3 | 17% below |
| 50 week MA | $119.2 | 38% below |
NIO has stronger trend alignment. BGSI is above 0 of 3 weekly averages versus NIO above 0 of 5.
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.
BGSI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $153.5 | $163.1 | +6.2% |
| 2026 YTD | $163.1 | $74.5 | -54% |
BGSI has finished every year since 2025 higher, and it's down 54% 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 BGSI on returns for 2026, with the stronger performance.