NIO
NIO Inc.
NIO has the edge over PTLO overall, supported by stronger fundamentals and stronger modeled upside.
PTLO
Portillo's Inc.
PTLO's outlook is improving, though it still trails on the overall score.
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.
PTLO Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Weak |
PTLO's revenue, profitability and cash flow are currently stable, but its balance sheet is weak.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
PTLO PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 19x | $4.20 | -37% |
| Forward | 26x | $6.68 | — |
| Fair | 27x | $5.84 | -13% |
| Current | 30x | $6.68 | — |
| Expensive | 64x | $14.12 | +111% |
Historical ranges are pointers, not guarantees.
PTLO's PE is in its fair range at 30x. If earnings grow as analysts expect, today's price would be 26x next year's earnings.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
NIO has the edge over PTLO on the outlook, with more favorable revenue expectations.
PTLO Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Low |
Analysts expect PTLO's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
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.
PTLO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.25 | +16% |
| Q3 2026 | $0.22 | -39% |
| Q2 2026 | $0.18 | -60% |
| Q1 2026 | $0.21 | -51% |
| Q4 2025 | $0.27 | -41% |
| Q3 2025 | $0.36 | -16% |
| Q2 2025 | $0.45 | +15% |
| Q1 2025 | $0.43 | +4.9% |
| Q4 2024 | $0.46 | +44% |
PTLO has the edge over NIO on earnings quality, reporting a profit while its opponent remains loss making.
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 PTLO on sales, with stronger typical year-over-year growth.
| 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.
PTLO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $194.1M | +7% |
| Q2 2026 | $199M | +5.6% |
| Q1 2026 | $182.6M | +3.5% |
| Q4 2025 | $185.7M | +0.6% |
| Q3 2025 | $181.4M | +1.8% |
| Q2 2025 | $188.5M | +3.6% |
| Q1 2025 | $176.4M | +6.4% |
| Q4 2024 | $184.6M | -1.7% |
PTLO's revenue has grown year over year for seven quarters in a row: $194M last quarter, up 7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.1% | +3.1 points |
| Q2 2026 | 6.9% | -2.4 points |
| Q1 2026 | 2.5% | -3.4 points |
| Q4 2025 | 5.6% | -1.9 points |
| Q3 2025 | 3% | -6 points |
| Q2 2025 | 9.3% | -0.7 points |
| Q1 2025 | 5.9% | -0.2 points |
| Q4 2024 | 7.5% | -0.2 points |
PTLO has the edge over NIO on profitability, with a higher operating margin.
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.
PTLO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $16.8M | +$21.7M |
| Q2 2026 | $5.9M | +13% |
| Q1 2026 | -$907K | +$8.7M |
| Q4 2025 | -$9.2M | -$3.6M |
| Q3 2025 | -$5M | -164% |
| Q2 2025 | $5.2M | -67% |
| Q1 2025 | -$9.6M | -$1.7M |
| Q4 2024 | -$5.6M | +$7.5M |
PTLO's free cash flow has turned positive after two years mostly in the red: $13M over 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 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.
PTLO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +262K shares |
| 1 year | -0.7% | -541K shares |
| 3 years | +25% | +14.7M shares |
| 5 years | +119% | +39.9M shares |
PTLO has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
PTLO Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.1x | High |
| Q2 2026 | 4.9x | High |
| Q1 2026 | 4.8x | High |
| Q4 2025 | 4.3x | High |
| Q3 2025 | 4.1x | High |
| Q2 2025 | 3.5x | Elevated |
| Q1 2025 | 3.6x | Elevated |
| Q4 2024 | 3.4x | Elevated |
PTLO's net debt is about 4.1 years of its operating earnings (EBITDA), about the same as a year ago.
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).
PTLO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 65.8 | Neutral |
| Stochastic | 85.6 | Overbought |
PTLO's weekly RSI is 66 (neutral) and its Stochastic is 86 (overbought).
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
PTLO PE vs Consumer Cyclical Sector
| Metric | PTLO | Sector median | Relative |
|---|---|---|---|
| PE | 30x | 18x | 68% above |
| PE % | 59 | 56 | 3 pts above |
PTLO is trading at 30x earnings, a 68% premium to the Consumer Cyclical sector's median of 18x.
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.
PTLO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $4.76 | 40% above |
| 20 week MA | $4.64 | 44% above |
| 50 week MA | $4.93 | 35% above |
| 100 week MA | $7.39 | 9.6% below |
| 200 week MA | $11.5 | 42% below |
PTLO has the edge over NIO on trend strength, trading above more of its moving averages.
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's yearly returns have swung widely, from +1791% in 2020 to −64% in 2022. It's down 40% so far in 2026.
PTLO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $37.4 | $38.3 | +2.4% |
| 2022 | $38.3 | $17.2 | -55% |
| 2023 | $17.2 | $15.9 | -7.3% |
| 2024 | $15.9 | $8.98 | -44% |
| 2025 | $8.98 | $4.71 | -48% |
| 2026 YTD | $4.71 | $6.68 | +42% |
PTLO has the edge over NIO on returns for 2026, with the stronger performance.