ECX vs GOOGL vs PONY Stock Comparison

ECARX Holdings, Alphabet and Pony AI Prices as of Oct 28, 2026 Peers: Industry group
ECX ECARX Holdings Inc.
$0.81 -28.3% 1M -65.5% 1Y
Market cap
$271.57M
P/E
–
Revenue (TTM)
$881.30M
Div. yield
–
Autonomous Driving Technology
1 win
GOOGL Alphabet Inc.
$324.89 -5.2% 1M +21.5% 1Y
Market cap
$3.43T
P/E
14.6x
Revenue (TTM)
$471.10B
Div. yield
–
Digital Advertising Technology
4 wins
PONY Pony AI Inc.
$5.05 -27.2% 1M -76.9% 1Y
Market cap
$1.87B
P/E
–
Revenue (TTM)
$125.04M
Div. yield
–
Autonomous Driving Technology
2 wins

Head to Head

7 decided of 12

Alphabet leads on 4 of the 12 questions below (Alphabet 4, Pony AI 2, ECARX Holdings 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionECXGOOGLPONYLeader
Larger companyMarket capitalisation $271.57M $3.43T $1.87B GOOGL
Cheaper on earningsLower P/E, profitable companies only -7.8x 14.6x -13.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 15.4x — –
Faster revenue growthRevenue growth, trailing twelve months +11.4% +22.2% +45.8% PONY
More profitableNet margin, trailing twelve months -3.9% — -109.6% ECX
Better return on capitalReturn on invested capital -4.6% — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -65.5% +21.5% -76.9% GOOGL
Better 5-year returnAnnualised price return, 5 years -39.2%/yr +17.0%/yr — GOOGL
Less volatileAnnualised volatility, 1 year 82.7% 31.3% 66.3% GOOGL
Higher overall scoreMean of the five percentile scores vs peers 77/100 54/100 78/100 PONY

Percentile Scorecard

ECXGOOGLPONY

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisECXGOOGLPONY
Valuation 100 #1 of 13 30 #117 of 166 67 #5 of 13
Growth 100 #1 of 12 82 #29 of 152 82 #3 of 12
Profitability 100 #1 of 12 62 #58 of 152 73 #4 of 12
Financial Health 8 #12 of 13 79 #38 of 179 92 #2 of 13
Shareholder Returns – 19 #76 of 94 –
Overall 77 54 78
  • ECX ranked among 14 companies in Robotics and Automation
  • GOOGL ranked among 185 companies in Internet Platforms
  • PONY ranked among 14 companies in Robotics and Automation

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodECXGOOGLPONYSPY
1 month -28.3%-5.2%-27.2% +0.9%
3 months -24.3%-3.5%-34.1% +5.9%
6 months -25.7%-7.2%-47.2% +8.5%
Year to date -52.9%+3.8%-65.2% +13.3%
1 year -65.5%+21.5%-76.9% +12.4%
3 years -79.8%+165.9%— +88.1%
3 years, per year -41.3%+38.6%— +23.5%
5 years -91.7%+119.4%— +68.2%
5 years, per year -39.2%+17.0%— +11.0%
10 years —+692.8%— +263.4%
10 years, per year —+23.0%— +13.8%

Risk

MeasureECXGOOGLPONYSPY
Volatility, 1Y 82.7%31.3%66.3% 12.7%
Downside volatility, 1Y 91.2%28.9%70.4% 12.7%
Beta vs S&P 500, 1Y 1.411.352.80 1.00
Return / volatility, 1Y -0.790.69-1.16 0.98
Max drawdown, 5Y -92.6%-44.3%-82.4% -25.4%
From 52-week high -69.3%-19.3%-76.9% -0.9%
52-week high $2.64$402.62$21.87 $779.14
52-week low $0.80$267.47$4.93 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleECXGOOGLPONY
P/E now vs peer median -7.9x 16.8xmedian 16.8x -14.0x
P/S now vs peer median 0.3xmedian 17.8x 8.4xmedian 1.4x 17.5xmedian 17.8x
EV/EBITDA now vs peer median — —median 13.9x —
P/FCF now vs peer median —median 14.9x 77.8xmedian 11.4x -10.8xmedian 14.9x
P/B now vs peer median -0.9xmedian 1.1x 5.8xmedian 1.8x 1.4xmedian 1.1x
PEG now vs peer median -0.17 0.29median 0.36 —

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsECXGOOGLPONY
Revenue $881.30M $471.10B $125.04M
Gross profit $184.00M – $20.29M
Operating income -$8.80M $156.98B -$267.63M
Net income -$35.90M $235.69B -$99.78M
Free cash flow – – -$203.60M
R&D $107.60M $74.46B $225.02M
EPS (diluted) $-0.10 $19.12 $-0.36
Cash & equivalents $156.16M $56.33B $327.11M
Total debt $556.66M – –
Shares (diluted) 338.66M 12.31B 379.91M
Enterprise value -$21.04M $3.11T $1.87B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricECXGOOGLPONY
P/E -7.9x 16.8x -14.0x
P/FCF – 77.8x -10.8x
P/Operating cash flow – 22.0x -10.8x
P/S 0.3x 8.4x 17.5x
P/B -0.9x 5.8x 1.4x
P/Tangible book -0.8x 5.9x 1.4x
EV/EBITDA – – –
EV/EBIT -74.1x – -4.0x
EV/Revenue 0.7x 7.8x 8.6x
EV/FCF – – -5.3x
EV/Operating cash flow – 20.5x -5.3x
PEG (3Y EPS CAGR) -0.17 0.29 –

Growth

14 metrics
MetricECXGOOGLPONY
Revenue growth (1Y) 11.4% 22.2% 45.8%
Revenue CAGR (3Y) 15.7% 16.6% –
Gross profit growth (1Y) 29.9% – 39.0%
Gross profit CAGR (3Y) 6.1% – –
Operating income growth (1Y) 92.7% 26.5% 19.2%
Operating income CAGR (3Y) 63.2% 25.8% –
Net income growth (1Y) 74.6% 89.7% 66.7%
Net income CAGR (3Y) 41.5% 52.3% –
EPS growth (1Y) 74.4% 87.8% 86.9%
EPS CAGR (3Y) 47.8% 57.2% –
Operating cash flow growth (1Y) – 18.6% -55.2%
Operating cash flow CAGR (3Y) – 19.0% –
Free cash flow growth (1Y) – – -55.2%
Free cash flow CAGR (3Y) – – –

Profitability

14 metrics
MetricECXGOOGLPONY
Gross margin 20.9% – 16.2%
EBITDA margin – – –
Operating margin -1.0% – -214.0%
Pretax margin -2.2% – -68.0%
Net margin -3.9% – -109.6%
FCF margin – – -162.8%
Operating cash flow margin – 38.1% -162.8%
Return on equity – 35.8% –
Return on assets -4.2% 24.5% –
Return on invested capital -4.6% – –
Return on capital employed – – –
Asset turnover 1.0x 0.5x –
Cash conversion (OCF / net income) – 0.8x 2.0x
Stock comp / revenue – 6.5% –

Financial Health

11 metrics
MetricECXGOOGLPONY
Debt / assets 56.5% – –
Debt / equity -2.1x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 127.0% 32.5% 9.4%
Equity / assets -27.0% 67.5% 90.6%
Interest coverage -0.3x – –
Current ratio 0.7x 2.8x 15.9x
Quick ratio 0.5x 2.0x 15.1x
Cash ratio 0.2x 2.0x 14.4x
Altman Z-score -1.07 – –

Shareholder Returns

7 metrics
MetricECXGOOGLPONY
Dividend yield – 0.3% –
Net buyback yield – – –
Shareholder yield – 0.3% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusECXGOOGLPONY
Forward P/E – 15.4xFY2026 –
EPS, next fiscal year $-0.02FY2026 $21.10FY2026 $-0.61FY2026
EPS growth, next FY – +95.2%FY2026 –
EPS growth, the year after – -31.6% –
Revenue, next fiscal year $1.10BFY2026 $528.22BFY2026 $144.05MFY2026
Revenue growth, next FY +31.2%FY2026 +31.1%FY2026 +60.1%FY2026
Revenue growth, the year after +25.0% +21.6% +110.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersECXGOOGLPONY
Held by institutions 5.2% 80.1% 35.9%
Institutions holding 39 5,741 155
Change in shares held, QoQ +3.3% +4.6% +22.5%
Institutions buying 23 2,657 101
Institutions selling 8 2,573 33
Buyers to sellers 2.88 1.03 3.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

ECXGOOGLPONY
ECX 1.00 0.14 0.15
GOOGL 0.14 1.00 0.25
PONY 0.15 0.25 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, ECX, GOOGL and PONY?

Alphabet (GOOGL) is the largest by market capitalisation: ECARX Holdings (ECX) $271.57M, Alphabet (GOOGL) $3.43T, Pony AI (PONY) $1.87B.

Which company is growing faster?

Pony AI (PONY) grew revenue fastest over the trailing twelve months: ECARX Holdings (ECX) +11.4%, Alphabet (GOOGL) +22.2%, Pony AI (PONY) +45.8%.

Which company is more profitable?

ECARX Holdings (ECX) has the highest net margin (ECARX Holdings (ECX) -3.9%, Pony AI (PONY) -109.6%).

Which stock has performed better?

Over the past year Alphabet (GOOGL) returned the most: ECARX Holdings (ECX) -65.5%, Alphabet (GOOGL) +21.5%, Pony AI (PONY) -76.9%. Over five years, Alphabet (GOOGL) compounded fastest (ECARX Holdings (ECX) -39.2%/yr, Alphabet (GOOGL) +17.0%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Alphabet (GOOGL) has been the steadiest (ECARX Holdings (ECX) 82.7%, Alphabet (GOOGL) 31.3%, Pony AI (PONY) 66.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, ECX, GOOGL and PONY?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Alphabet (GOOGL) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.