Hesai Group HSAI
Industrial Machinery/Components · IPO 2023 · data as of November 13, 2026
Hesai Group (HSAI) is a industrial company listed in the US with a market value of about $2.3B. In the twelve months to September 30, 2026 it had revenue of $541M and net income of $48M, a net margin of 8.9%.
Its overall Stock Analiz score is 1.6 out of 5 (weak). The strongest part is future growth (4/5); the weakest is value (0/5).
Key numbers: a P/E of 48.6, a 5-year average ROIC of -4%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 40% below the current price.
Score: 1.6 / 5
Checks passed
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
- More cash than debt, or low debt to equity
- Interest covered more than 5 times
- Liabilities below 60% of assets
- Stock-based pay below 5% of revenue
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- PEG below 1.5
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- 5-year revenue growth above 8% a year
Valuation
Growth and quality
Financials, last 5 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Revenue | $541M | $433M | $285M | $264M | $174M | $2M |
| Net income | $48M | $62M | -$14M | -$67M | -$44M | — |
| Free cash flow | — | -$28M | -$27M | -$49M | -$134M | — |
| EPS (diluted) | $0.30 | $0.40 | $-0.09 | $-0.43 | $-0.28 | — |
| Net margin | 8.9% | 14.4% | -4.9% | -25.4% | -25.0% | — |
| ROIC | — | 1.7% | -3.6% | -10.5% | — | — |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is Hesai’s P/E ratio?
About 48.6, based on the last twelve months of diluted earnings per share (forward P/E about 18.4).
Is Hesai stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 40% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Hesai pay a dividend?
Not currently.
Is Hesai a good stock to buy?
We do not give buy or sell advice. Hesai scores 1.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.