COUPANG INC (CPNG) Stock Fundamental Analysis
USA - NYSE:CPNG - US22266T1097 - Common Stock
31.69 USD
+0.48 (+1.54%)
31.67 USD
-0.02 (-0.06%)
Overall CPNG gets a fundamental rating of 4 out of 10. We evaluated CPNG against 30 industry peers in the Broadline Retail industry. The financial health of CPNG is average, but there are quite some concerns on its profitability. While showing a medium growth rate, CPNG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
In the past year CPNG was profitable.
CPNG had a positive operating cash flow in the past year.
In multiple years CPNG reported negative net income over the last 5 years.
CPNG had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
CPNG has a Return On Assets (2.05%) which is comparable to the rest of the industry.
The Return On Equity of CPNG (7.79%) is comparable to the rest of the industry.
CPNG's Return On Invested Capital of 6.19% is in line compared to the rest of the industry. CPNG outperforms 46.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 7.79% | ||
| ROIC | 6.19% |
ROA(3y)3.41%
ROA(5y)-3.72%
ROE(3y)11.07%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.13%, CPNG is in line with its industry, outperforming 46.67% of the companies in the same industry.
Looking at the Operating Margin, with a value of 2.24%, CPNG is doing worse than 60.00% of the companies in the same industry.
Looking at the Gross Margin, with a value of 29.87%, CPNG is doing worse than 86.67% of the companies in the same industry.
In the last couple of years the Gross Margin of CPNG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.24% | ||
| PM (TTM) | 1.13% | ||
| GM | 29.87% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.09%
GM growth 5Y12.12%
2. Health
2.1 Basic Checks
CPNG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CPNG has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CPNG has been increased compared to 5 years ago.
CPNG has a worse debt/assets ratio than last year.
2.2 Solvency
CPNG has an Altman-Z score of 4.31. This indicates that CPNG is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.31, CPNG is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
The Debt to FCF ratio of CPNG is 2.32, which is a good value as it means it would take CPNG, 2.32 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CPNG (2.32) is better than 80.00% of its industry peers.
CPNG has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
CPNG has a Debt to Equity ratio (0.35) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 4.31 |
ROIC/WACC0.72
WACC8.59%
2.3 Liquidity
CPNG has a Current Ratio of 1.09. This is a normal value and indicates that CPNG is financially healthy and should not expect problems in meeting its short term obligations.
CPNG has a Current ratio of 1.09. This is amonst the worse of the industry: CPNG underperforms 80.00% of its industry peers.
CPNG has a Quick Ratio of 1.09. This is a bad value and indicates that CPNG is not financially healthy enough and could expect problems in meeting its short term obligations.
CPNG has a Quick ratio of 0.84. This is in the lower half of the industry: CPNG underperforms 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
CPNG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -23.81%.
The Revenue has grown by 18.69% in the past year. This is quite good.
The Revenue has been growing by 36.99% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)-23.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
Revenue 1Y (TTM)18.69%
Revenue growth 3Y18.03%
Revenue growth 5Y36.99%
Sales Q2Q%16.4%
3.2 Future
Based on estimates for the next years, CPNG will show a very strong growth in Earnings Per Share. The EPS will grow by 57.91% on average per year.
The Revenue is expected to grow by 10.25% on average over the next years. This is quite good.
EPS Next Y17.74%
EPS Next 2Y94.39%
EPS Next 3Y83.33%
EPS Next 5Y57.91%
Revenue Next Year15.04%
Revenue Next 2Y15.75%
Revenue Next 3Y14.78%
Revenue Next 5Y10.25%
3.3 Evolution
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 198.06, CPNG can be considered very expensive at the moment.
CPNG's Price/Earnings ratio is in line with the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.69, CPNG is valued quite expensively.
With a Price/Forward Earnings ratio of 52.42, CPNG can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, CPNG is valued a bit more expensive than 66.67% of the companies in the same industry.
CPNG is valuated expensively when we compare the Price/Forward Earnings ratio to 23.18, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 198.06 | ||
| Fwd PE | 52.42 |
4.2 Price Multiples
66.67% of the companies in the same industry are cheaper than CPNG, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as CPNG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 74.35 | ||
| EV/EBITDA | 43.19 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
A more expensive valuation may be justified as CPNG's earnings are expected to grow with 83.33% in the coming years.
PEG (NY)11.16
PEG (5Y)N/A
EPS Next 2Y94.39%
EPS Next 3Y83.33%
5. Dividend
5.1 Amount
No dividends for CPNG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
31.69
+0.48 (+1.54%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners64.76%
Inst Owner Change-0.16%
Ins Owners0.6%
Ins Owner Change-5.18%
Market Cap57.77B
Analysts83.64
Price Target35.65 (12.5%)
Short Float %1.27%
Short Ratio1.3
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-24.66%
Min EPS beat(2)-69.36%
Max EPS beat(2)20.05%
EPS beat(4)3
Avg EPS beat(4)207.64%
Min EPS beat(4)-69.36%
Max EPS beat(4)514.67%
EPS beat(8)5
Avg EPS beat(8)150.02%
EPS beat(12)9
Avg EPS beat(12)127.54%
EPS beat(16)11
Avg EPS beat(16)100.02%
Revenue beat(2)0
Avg Revenue beat(2)-2.58%
Min Revenue beat(2)-3.82%
Max Revenue beat(2)-1.34%
Revenue beat(4)0
Avg Revenue beat(4)-2.28%
Min Revenue beat(4)-3.82%
Max Revenue beat(4)-0.63%
Revenue beat(8)2
Avg Revenue beat(8)-1.14%
Revenue beat(12)4
Avg Revenue beat(12)-1.19%
Revenue beat(16)4
Avg Revenue beat(16)-1.9%
PT rev (1m)1.04%
PT rev (3m)15.18%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-53.25%
EPS NY rev (1m)4.9%
EPS NY rev (3m)-38.02%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.54%
Revenue NY rev (1m)0.11%
Revenue NY rev (3m)1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 198.06 | ||
| Fwd PE | 52.42 | ||
| P/S | 1.79 | ||
| P/FCF | 74.35 | ||
| P/OCF | 30.26 | ||
| P/B | 12.33 | ||
| P/tB | 12.91 | ||
| EV/EBITDA | 43.19 |
EPS(TTM)0.16
EY0.5%
EPS(NY)0.6
Fwd EY1.91%
FCF(TTM)0.43
FCFY1.34%
OCF(TTM)1.05
OCFY3.3%
SpS17.7
BVpS2.57
TBVpS2.45
PEG (NY)11.16
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.05% | ||
| ROE | 7.79% | ||
| ROCE | 8.56% | ||
| ROIC | 6.19% | ||
| ROICexc | 23.34% | ||
| ROICexgc | 25.52% | ||
| OM | 2.24% | ||
| PM (TTM) | 1.13% | ||
| GM | 29.87% | ||
| FCFM | 2.41% |
ROA(3y)3.41%
ROA(5y)-3.72%
ROE(3y)11.07%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y22.09%
GM growth 5Y12.12%
F-Score6
Asset Turnover1.81
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.32 | ||
| Debt/EBITDA | 1.36 | ||
| Cap/Depr | 235.83% | ||
| Cap/Sales | 3.51% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 158.56% | ||
| Profit Quality | 212.88% | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.84 | ||
| Altman-Z | 4.31 |
F-Score6
WACC8.59%
ROIC/WACC0.72
Cap/Depr(3y)295.22%
Cap/Depr(5y)320.02%
Cap/Sales(3y)3.53%
Cap/Sales(5y)3.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-23.81%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-33.33%
EPS Next Y17.74%
EPS Next 2Y94.39%
EPS Next 3Y83.33%
EPS Next 5Y57.91%
Revenue 1Y (TTM)18.69%
Revenue growth 3Y18.03%
Revenue growth 5Y36.99%
Sales Q2Q%16.4%
Revenue Next Year15.04%
Revenue Next 2Y15.75%
Revenue Next 3Y14.78%
Revenue Next 5Y10.25%
EBIT growth 1Y133.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year266.8%
EBIT Next 3Y97.34%
EBIT Next 5YN/A
FCF growth 1Y-28.29%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-2.59%
OCF growth 3YN/A
OCF growth 5YN/A