MVST
Microvast Holdings, Inc.
MVST trails on the overall score without a compensating advantage in the available component scores.
VRT
Vertiv Holdings Co
VRT has the edge over MVST overall, supported by stronger fundamentals and stronger valuation.
MVST Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Weak | |
| Weak | |
| Weak |
MVST's revenue, profitability, cash flow and balance sheet are all currently weak.
VRT Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
VRT's revenue, profitability, cash flow and balance sheet are all currently strong.
MVST PE Valuation
MVST has no meaningful PE right now: it lost money over the past year.
VRT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 23x | $210 | — |
| Current | 39x | $210 | — |
| Cheap | 58x | $308 | +47% |
| Fair | 72x | $383 | +83% |
| Expensive | 88x | $472 | +125% |
Historical ranges are pointers, not guarantees.
VRT's PE is in its cheap range at 39x. If earnings grow as analysts expect, today's price would be 23x next year's earnings.
MVST Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect MVST's earnings and revenue to decline, with profitability weakening.
VRT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
VRT has the edge over MVST on the outlook, with more favorable earnings and revenue expectations.
MVST Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.07 | — |
| Q3 2026 | -$0.22 | +$0.30 |
| Q2 2026 | -$0.02 | +$0.47 |
| Q1 2026 | -$0.32 | +$0.16 |
| Q4 2025 | -$0.23 | +$0.38 |
| Q3 2025 | -$0.52 | -$0.07 |
| Q2 2025 | -$0.49 | +$0.07 |
| Q1 2025 | -$0.48 | -$0.16 |
| Q4 2024 | -$0.61 | -$0.27 |
MVST is still losing money, but far less than before: $0.22 per share over the past year, against $0.61 at its worst in late 2024.
VRT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $9.14 | +71% |
| Q3 2026 | $5.35 | +102% |
| Q2 2026 | $4.42 | +111% |
| Q1 2026 | $3.98 | +131% |
| Q4 2025 | $3.41 | +166% |
| Q3 2025 | $2.65 | +75% |
| Q2 2025 | $2.09 | +62% |
| Q1 2025 | $1.72 | +64% |
| Q4 2024 | $1.28 | +7.6% |
VRT has the edge over MVST on earnings quality, reporting a profit while its opponent remains loss making.
MVST Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $45.8M | -63% |
| Q2 2026 | $87.3M | -4.5% |
| Q1 2026 | $60.6M | -48% |
| Q4 2025 | $96.4M | -15% |
| Q3 2025 | $123.3M | +22% |
| Q2 2025 | $91.3M | +9.2% |
| Q1 2025 | $116.5M | +43% |
| Q4 2024 | $113.4M | +8.4% |
MVST's revenue has slid since its 2025 peak: $46M last quarter, down 63% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -146% | -156 points |
| Q2 2026 | -2% | -20 points |
| Q1 2026 | -13% | -29 points |
| Q4 2025 | -43% | -41 points |
| Q3 2025 | 11% | +3.4 points |
| Q2 2025 | 18% | +136 points |
| Q1 2025 | 16% | +45 points |
| Q4 2024 | -1.3% | +20 points |
MVST's operating margin was −146% last quarter, down 156 points from the same quarter a year ago, near the bottom of its range since 2021.
VRT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $4.3B | +61% |
| Q2 2026 | $3.3B | +24% |
| Q1 2026 | $2.6B | +30% |
| Q4 2025 | $2.9B | +23% |
| Q3 2025 | $2.7B | +29% |
| Q2 2025 | $2.6B | +35% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +26% |
VRT has the edge over MVST on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 23% | +3.5 points |
| Q2 2026 | 19% | +2.7 points |
| Q1 2026 | 17% | +2.3 points |
| Q4 2025 | 20% | +0.7 points |
| Q3 2025 | 19% | +1.4 points |
| Q2 2025 | 17% | -0.4 points |
| Q1 2025 | 14% | +1.9 points |
| Q4 2024 | 19% | +4.2 points |
VRT has the edge over MVST on profitability, with a higher operating margin.
MVST Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$34.5M | -3023% |
| Q2 2026 | -$21.8M | -164% |
| Q1 2026 | -$25.7M | -632% |
| Q4 2025 | $15.8M | +175% |
| Q3 2025 | $1.2M | +$20.8M |
| Q2 2025 | $34.3M | +$37.1M |
| Q1 2025 | $4.8M | +$13M |
| Q4 2024 | $5.7M | +$43.9M |
MVST has burned cash in most quarters: −$66M over the past year, against $46M the year before.
VRT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $654.9M | +41% |
| Q2 2026 | $926.5M | +233% |
| Q1 2026 | $654.2M | +145% |
| Q4 2025 | $885.6M | +143% |
| Q3 2025 | $463.5M | +36% |
| Q2 2025 | $277.9M | -19% |
| Q1 2025 | $266.8M | +162% |
| Q4 2024 | $364.5M | +18% |
VRT has the edge over MVST on cash generation, producing positive trailing cash flow while its opponent burns cash.
MVST Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +10% | +35.6M shares |
| 1 year | +19% | +60.8M shares |
| 3 years | +23% | +71.4M shares |
| 5 years | +1294% | +357M shares |
| Available history | +4751% | +377M shares |
MVST has 385M diluted shares, up 19% from a year ago.
VRT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -64.9K shares |
| 1 year | +0.4% | +1.8M shares |
| 3 years | +1.1% | +4.4M shares |
| 5 years | +10% | +36M shares |
| Available history | +63% | +152M shares |
VRT has the edge over MVST on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | $599.9M |
MVST Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | 5.2x | High |
| Q4 2025 | 0.0x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.2x | Very low |
MVST's net debt is about 5.2 years of its operating earnings (EBITDA).
VRT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.2x | Net Cash |
| Q2 2026 | 0.1x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.7x | Very low |
| Q1 2025 | 0.8x | Very low |
| Q4 2024 | 1.0x | Healthy |
VRT has more cash than debt.
MVST Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 27.3 | Oversold |
| Stochastic | 17.0 | Oversold |
MVST's weekly RSI is 27 (oversold) and its Stochastic is 17 (oversold).
VRT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.0 | Neutral |
| Stochastic | 26.4 | Neutral |
VRT's weekly RSI is 43 (neutral) and its Stochastic is 26 (neutral).
MVST PE vs Industrials Sector
MVST has no meaningful PE right now: it lost money over the past year.
VRT PE vs Industrials Sector
| Metric | VRT | Sector median | Relative |
|---|---|---|---|
| PE | 39x | 24x | 63% above |
| PE % | 3 | 58 | 55 pts below |
VRT is trading at 39x earnings, a 63% premium to the Industrials sector's median of 24x.
MVST Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.55 | 58% below |
| 20 week MA | $0.71 | 68% below |
| 50 week MA | $1.58 | 85% below |
| 100 week MA | $2.27 | 90% below |
| 200 week MA | $1.67 | 86% below |
MVST is in a downtrend: it's below all five of its weekly moving averages, and 86% below its 200-week average.
VRT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $221.8 | 5.5% below |
| 20 week MA | $254.4 | 18% below |
| 50 week MA | $253.9 | 17% below |
| 100 week MA | $189.1 | 11% above |
| 200 week MA | $123.5 | 70% above |
VRT has the edge over MVST on trend strength, trading above more of its moving averages.
MVST Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.93 | $18.2 | +84% |
| 2021 | $18.2 | $6.29 | -66% |
| 2022 | $6.29 | $1.56 | -75% |
| 2023 | $1.56 | $1.40 | -10% |
| 2024 | $1.40 | $2.45 | +75% |
| 2025 | $2.45 | $2.91 | +19% |
| 2026 YTD | $2.91 | $0.23 | -92% |
MVST has finished lower in three of the last six years. It's down 92% so far in 2026.
VRT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $10.9 | $18.9 | +73% |
| 2021 | $18.9 | $24.9 | +31% |
| 2022 | $24.9 | $12.8 | -48% |
| 2023 | $12.8 | $48.0 | +275% |
| 2024 | $48.0 | $115.1 | +140% |
| 2025 | $115.1 | $167.6 | +46% |
| 2026 YTD | $167.6 | $209.6 | +25% |
VRT has the edge over MVST on returns for 2026, with the stronger performance.