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XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People’s Republic of China. The company offers P7 and P7i, a four-door sports sedan; G9, a smart EV and a mid- to large-sized sport utility vehicle (SUV); G6, a smart EV and a coupe SUV; X9, Smart EV and a large seven-seater multi-purpose vehicle (MPV); MONA M03, an all-electric hatchback coupe; and P7+, smart EV of XPeng series. It also provides XOS Tianji, smart in-car operating system; Powertrain; and SEPA 2.0, a smart electric platform architecture. In addition, the company offers various services, including services embedded in a sales contract, supercharging, maintenance, technical support, technical research and development, and second-hand vehicle sales services; and insurance technology support, and automotive loan referral and auto financing services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People’s Republic of China.
Analyst Outlook | With a $20 price target from Barclays, XPeng's stock faces valuation hurdles despite positive industry trends in the Chinese EV market |
Product Strategy | XPeng's aggressive model refresh and launch strategy, particularly the new P7, is crucial for differentiation in the competitive EV market |
Financial Crossroads | Despite impressive revenue growth, XPeng faces profitability challenges with negative EBITDA and a high price-to-book ratio of 4.7 |
Delivery Surge | XPeng's vehicle deliveries more than tripled in recent quarters, showcasing strong demand and market traction for its electric vehicles |
Metrics to compare | XPEV | Sector Sector - Average of metrics from a broad group of related Consumer Cyclicals sector companies | Relationship RelationshipXPEVPeersSector | |
|---|---|---|---|---|
P/E Ratio | −41.5x | 9.3x | 11.2x | |
PEG Ratio | −0.80 | −0.18 | 0.02 | |
Price / Book | 3.9x | 1.9x | 1.4x | |
Price / LTM Sales | 1.7x | 1.2x | 1.0x | |
Upside (Analyst Target) | 56.1% | 40.4% | 21.8% | |
Fair Value Upside | Unlock | 35.8% | 9.7% | Unlock |