Stock Analiz

RLX Technology Inc. RLX

Medicinal Chemicals and Botanical Products · IPO 2021 · data as of November 13, 2026

$1.56Market cap $1.9B
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RLX Technology Inc. (RLX) is a healthcare company listed in the US with a market value of about $1.9B. In the twelve months to June 30, 2026 it had revenue of $675M and net income of $148M, a net margin of 21.9%.

Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is financial health (5/5); the weakest is track record (1/5).

Key numbers: a P/E of 14.2, a price to free cash flow of 30.5, 5-year revenue growth of -1% a year, a 5-year average ROIC of 3%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 369% above the current price.

Score: 3.2 / 5

Value3/5
Future growth3/5
Track record1/5
Financial health5/5
Shareholder returns4/5

Checks passed

  • P/E below 25
  • P/E below the industry median
  • Price below intrinsic value (DCF, moderate assumptions)
  • Revenue growth above 10% last year
  • 3-year free cash flow growth above 10% a year
  • Strong R&D investment or growth above 20%
  • Profitable 5 years in a row
  • More cash than debt, or low debt to equity

Checks not passed

  • P/FCF below 20
  • PEG below 1.5
  • 3-year revenue growth above 10% a year
  • Profit margin improving
  • 5-year EPS growth above 10% a year
  • 5-year revenue growth above 8% a year
  • 5-year average ROIC above 12%
  • ROE above 15%

Valuation

P/E (TTM)14.2
Forward P/E9.5
P/FCF30.5
P/S2.8
P/B0.8
EV/EBITDA6.4
PEG—
Dividend yield6.49%
FCF yield3.3%
Shareholder yield7.9%
Intrinsic value vs. price+369%

Growth and quality

Revenue growth (1 yr)50.3%
Revenue growth (5 yrs, per year)-0.7%
EPS growth (5 yrs, per year)—
FCF growth (3 yrs, per year)29.5%
Net margin (5-yr avg.)25.6%
ROIC (5-yr avg.)3.2%
Profitable years (of last 10)5
Years paying a dividend3

Financials, last 6 years

Fiscal yearTTM202520242023202220212020
Revenue$675M$566M$377M$223M$773M$1.3B$585M
Net income$148M$132M$76M$75M$209M$318M-$20M
Free cash flow$62M$141M$116M$24M$65M$262M$395M
EPS (diluted)$0.12$0.11$0.06$0.06$0.17$0.26$-0.02
Net margin21.9%23.3%20.1%33.7%27.0%23.8%-3.4%
ROIC—1.8%-0.6%-2.9%5.3%12.1%0.4%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

Frequently asked questions

What is RLX Technology’s P/E ratio?

About 14.2, based on the last twelve months of diluted earnings per share (forward P/E about 9.5).

Is RLX Technology stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 369% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does RLX Technology pay a dividend?

Yes. The dividend yield is about 6.49%, and it has paid dividends for 3 years in our data.

Is RLX Technology a good stock to buy?

We do not give buy or sell advice. RLX Technology scores 3.2 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.