RLX

BULLISH

$2.19 Live

RLX Technology Inc. · NYSE

Target $3.11 (+42.1%)

$1.79 52W Range $2.84

RLX RLX Technology Inc. - Fundamental Analysis

BULLISH

Console Chart News

RLX Stock | Fundamental Analysis & Investment Insights

NYSE • Consumer Defensive • Tobacco

Current Price Live

$2.19

Analyst Target

$3.11

+42.1% Upside

52W High

$2.84

52W Low

$1.79

Overview AI Snowflake Price Valuation Profitability Growth Health Statements Peers Insiders SEC Filings

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated May 02, 2026

Market cap

$2.68B

P/E

21.9

ROE

5.9%

Profit margin

25.5%

Debt/Equity

0.01

Dividend yield

4.57%

AI Analysis

AI-powered fundamental assessment

Confidence

75%

RLX exhibits strong fundamental health with a Piotroski F-Score of 8/9 and a nearly debt-free balance sheet (Debt/Equity 0.01). While the technical trend is currently bearish (0/100) and long-term price performance is poor, the company is significantly undervalued relative to its intrinsic value ($2.95) and trades at a low Price/Sales ratio of 0.74. Explosive YoY revenue growth (46.8%) and earnings growth (81.7%) suggest a powerful turnaround phase. The combination of high liquidity and a sustainable dividend makes this a high-conviction value play despite negative sentiment.

Key Strengths

Exceptional financial health with a Piotroski F-Score of 8/9

Negligible leverage with a Debt/Equity ratio of 0.01

Strong liquidity position (Current Ratio 5.70)

High growth trajectory with 46.8% YoY revenue growth

Attractive valuation with P/S of 0.74 and Forward P/E of 13.23

Key Risks

Severe bearish technical trend (0/100 score)

Weak insider sentiment (40/100 score)

Low Return on Equity (5.89%) and Return on Assets (1.18%)

High regulatory risk inherent to the tobacco/vaping industry

Significant long-term price depreciation (-80.1% over 5 years)

AI Fair Value Estimate

Based on comprehensive analysis

$2.65

+21.0% above current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall

Strong

Value

Future

Past

Health

Dividend

AI Verdict

Strong Value Recovery

Key drivers: Piotroski F-Score, Revenue Growth, Debt-to-Equity, P/S Ratio

Confidence

80%

Value

85/100

Ref P/E 21.90, Forward P/E 13.23, Graham Number $2.05

Positives

P/S ratio below 1.0
Price below Intrinsic Value ($2.95)
Forward P/E compression

Watchpoints

Trading slightly above Graham Number ($2.05)

Future

90/100

Ref Growth rates

Positives

81.7% YoY Earnings Growth
46.8% YoY Revenue Growth

Watchpoints

Recent Q/Q EPS dip of -9.1%

Past

30/100

Ref Historical trends

Positives

1Y return of +19%

Watchpoints

5Y change of -80.1%
Consistent long-term downtrend

Health

95/100

Ref Piotroski F-Score

Positives

Piotroski F-Score 8/9
Debt/Equity 0.01
Current Ratio 5.70

Watchpoints

Altman Z-Score not provided

Dividend

70/100

Ref Yield 4.57%, Payout 10.20%

Positives

Low payout ratio (10.2%)
Healthy yield (4.57%)

Watchpoints

Dividend strength score 55/100

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price

$2.19

Analyst Target

$3.11

Upside/Downside

+42.1%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for RLX and closest competitors.

Updated 2026-05-01

Company	5Y	3Y	1Y	6M	1M	1W
RLX RLX Technology Inc. Primary	-80.1%	-9.3%	+19.0%	-10.2%	0.0%	-2.2%
CHEF The Chefs' Warehouse, Inc. Peer	+98.6%	+93.1%	+21.0%	+9.6%	+9.1%	-1.7%
ANDE The Andersons, Inc. Peer	+169.1%	+81.2%	+75.4%	+77.4%	+2.4%	+10.4%
IPAR Interparfums, Inc. Peer	+46.3%	-28.4%	-8.1%	+2.4%	-0.1%	+2.6%
MH McGraw Hill, Inc. Peer	-29.4%	-29.4%	-29.4%	+7.1%	-9.5%	-16.3%

RLX

RLX Technology Inc.

Primary

-80.1%

-9.3%

+19.0%

-10.2%

0.0%

-2.2%

CHE

The Chefs' Warehouse, Inc.

Peer

+98.6%

+93.1%

+21.0%

+9.6%

+9.1%

-1.7%

AND

The Andersons, Inc.

Peer

+169.1%

+81.2%

+75.4%

+77.4%

+2.4%

+10.4%

IPA

Interparfums, Inc.

Peer

+46.3%

-28.4%

-8.1%

+2.4%

-0.1%

+2.6%

McGraw Hill, Inc.

Peer

-29.4%

+7.1%

-9.5%

-16.3%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

21.9

13.23

N/A

1.18

0.74

-1.95

-18.1

$2.68B

Profitability

Profit margins and return metrics

Profit Margin 25.49%

Operating Margin 11.0%

Gross Margin 32.72%

ROE 5.89%

ROA 1.18%

Growth

Revenue and earnings growth rates

Revenue Growth +46.8%

Earnings Growth +81.7%

Q/Q Revenue Growth +46.81%

Q/Q Earnings Growth +129.2%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity

0.01

Low debt

Current Ratio

5.7

Strong

Quick Ratio

5.37

Excellent

Cash/Share

$8.19

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue

$1.1B

Gross Margin

33.1%

Op. Margin

11.0%

Net Margin

25.9%

Total Assets

$17.9B

Liabilities

$2.2B

Equity

$15.6B

Debt/Equity

0.14x

Operating CF

$0.3B

Free Cash Flow

$0.2B

FCF Yield

62%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-05-15

$N/A

2026-03-13

$0.2

-13.9% surprise

2025-11-14

$0.22

+2.0% surprise

2025-08-22

$0.22

+21.4% surprise

Consumer Defensive Sector Comparison

Comparing RLX against 199 companies in the Consumer Defensive sector (12 bullish, 71 neutral, 116 bearish)

P/E Ratio

21.9

This Stock

35.5

Sector Avg

-38.3% (Discount)

Return on Equity (ROE)

5.89%

This Stock

-12.85%

Sector Avg

-145.8% (Below Avg)

Profit Margin

25.49%

This Stock

-7.13%

Sector Avg

-457.3% (Weaker)

Debt to Equity

0.01

This Stock

1.89

Sector Avg

-99.4% (Less Debt)

Revenue Growth

46.8%

This Stock

96.06%

Sector Avg

-51.3% (Slower)

Current Ratio

5.7

This Stock

2.23

Sector Avg

+155.7% (Stronger)

Similar Companies

Peer comparison within the same industry

Company	AI Rating	Market Cap	P/E	ROE	Profit Margin	Price
RLX RLX Technology Inc.	BULLISH	$2.68B	21.9	5.9%	25.5%	$2.19
CHEF The Chefs' Warehouse, Inc.	NEUTRAL	$2.62B	38.24	12.7%	1.7%	$64.24	Compare
ANDE The Andersons, Inc.	NEUTRAL	$2.4B	25.35	8.3%	0.9%	$70.74	Compare
IPAR Interparfums, Inc.	BULLISH	$2.98B	17.75	20.3%	11.3%	$93.0	Compare
MH McGraw Hill, Inc.	BEARISH	$2.29B	-	-11.8%	-3.4%	$12.0	Compare

RLX RLX Technology Inc.

BULLISH

Mkt Cap

$2.7B

P/E

21.9

ROE

5.9%

Price

$2.19

Compare with RLX

ANDE The Andersons, Inc.

Compare with RLX

IPAR Interparfums, Inc.

Compare with RLX

Compare with RLX

SEC Filings

Recent regulatory filings from the SEC EDGAR database

20-F

2026-04-23

RLX filed its 20-F annual report on April 23, 2026. This filing provides the company's comprehensive annual disclosure of financial performance and operational risks for the preceding fiscal year.

20-F

2025-04-17

RLX filed its 20-F annual report on April 17, 2025, detailing its financial performance and operational results. The filing provides a comprehensive overview of the company's financial position and the primary risk factors impacting its business operations.

Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus

NONE

4 analysts

Citigroup

2026-03-16

Maintains

Neutral Neutral

Past News Coverage

Recent headlines mentioning RLX from our newsroom.

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RLX

RLX RLX Technology Inc. - Fundamental Analysis

At a glance

AI Analysis

Key Strengths

Key Risks

Performance Snowflake

Stock Price & Analyst Targets

Multi-Horizon Performance vs Peers

Historical Performance Trends

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Valuation Metrics

Profitability

Growth

Financial Health

Financial Statement Flow

Quarterly Earnings History

Consumer Defensive Sector Comparison

Similar Companies

SEC Filings

Wall Street Analysts

Past News Coverage

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