COUPANG INC (CPNG) Fundamental Analysis & Valuation

NYSE:CPNG • US22266T1097

18.81 USD
-0.26 (-1.36%)
At close: Mar 9, 2026
18.81 USD
0 (0%)
After Hours: 3/9/2026, 5:43:06 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

This CPNG fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

3

Taking everything into account, CPNG scores 3 out of 10 in our fundamental rating. CPNG was compared to 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.


Dividend Valuation Growth Profitability Health

2

1. CPNG Profitability Analysis

1.1 Basic Checks

  • In the past year CPNG was profitable.
  • In the past year CPNG had a positive cash flow from operations.
  • The reported net income has been mixed in the past 5 years: CPNG reported negative net income in multiple years.
  • CPNG had a positive operating cash flow in 4 of the past 5 years.
CPNG Yearly Net Income VS EBIT VS OCF VS FCFCPNG Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B

1.2 Ratios

  • With a Return On Assets value of 1.17%, CPNG is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
  • With a Return On Equity value of 4.50%, CPNG perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
  • CPNG has a Return On Invested Capital of 3.98%. This is in the lower half of the industry: CPNG underperforms 63.33% of its industry peers.
  • CPNG had an Average Return On Invested Capital over the past 3 years of 4.61%. This is below the industry average of 9.24%.
Industry RankSector Rank
ROA 1.17%
ROE 4.5%
ROIC 3.98%
ROA(3y)4.12%
ROA(5y)-1.29%
ROE(3y)13.84%
ROE(5y)-6.64%
ROIC(3y)4.61%
ROIC(5y)N/A
CPNG Yearly ROA, ROE, ROICCPNG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 500 1K

1.3 Margins

  • CPNG has a Profit Margin of 0.60%. This is in the lower half of the industry: CPNG underperforms 60.00% of its industry peers.
  • With a Operating Margin value of 1.37%, CPNG is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
  • With a Gross Margin value of 29.37%, CPNG is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
  • CPNG's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 1.37%
PM (TTM) 0.6%
GM 29.37%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y8.67%
GM growth 5Y12.09%
CPNG Yearly Profit, Operating, Gross MarginsCPNG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10 -10 20 -20

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. CPNG Health Analysis

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.
  • Compared to 5 years ago, CPNG has more shares outstanding
  • Compared to 1 year ago, CPNG has an improved debt to assets ratio.
CPNG Yearly Shares OutstandingCPNG Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
CPNG Yearly Total Debt VS Total AssetsCPNG Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 3.32 indicates that CPNG is not in any danger for bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.32, CPNG is in the better half of the industry, outperforming 70.00% of the companies in the same industry.
  • CPNG has a debt to FCF ratio of 3.08. This is a good value and a sign of high solvency as CPNG would need 3.08 years to pay back of all of its debts.
  • CPNG has a Debt to FCF ratio of 3.08. This is in the better half of the industry: CPNG outperforms 73.33% 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.
  • With a Debt to Equity ratio value of 0.35, CPNG perfoms like the industry average, outperforming 53.33% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 3.08
Altman-Z 3.32
ROIC/WACC0.45
WACC8.81%
CPNG Yearly LT Debt VS Equity VS FCFCPNG Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2018 2019 2020 2021 2022 2023 2024 2025 0 1B -1B 2B 3B 4B

2.3 Liquidity

  • CPNG has a Current Ratio of 1.04. This is a normal value and indicates that CPNG is financially healthy and should not expect problems in meeting its short term obligations.
  • CPNG's Current ratio of 1.04 is on the low side compared to the rest of the industry. CPNG is outperformed by 86.67% of its industry peers.
  • CPNG has a Quick Ratio of 1.04. 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 0.79. This is in the lower half of the industry: CPNG underperforms 76.67% of its industry peers.
Industry RankSector Rank
Current Ratio 1.04
Quick Ratio 0.79
CPNG Yearly Current Assets VS Current LiabilitesCPNG Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. CPNG Growth Analysis

3.1 Past

  • CPNG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -25.00%.
  • The Revenue has grown by 14.09% in the past year. This is quite good.
  • Measured over the past years, CPNG shows a very strong growth in Revenue. The Revenue has been growing by 23.61% on average per year.
EPS 1Y (TTM)-25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
Revenue 1Y (TTM)14.09%
Revenue growth 3Y18.83%
Revenue growth 5Y23.61%
Sales Q2Q%10.92%

3.2 Future

  • The Earnings Per Share is expected to grow by 61.69% on average over the next years. This is a very strong growth
  • CPNG is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.67% yearly.
EPS Next Y203.94%
EPS Next 2Y136.19%
EPS Next 3Y102.44%
EPS Next 5Y61.69%
Revenue Next Year10.91%
Revenue Next 2Y11.81%
Revenue Next 3Y11.23%
Revenue Next 5Y4.67%

3.3 Evolution

  • The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
CPNG Yearly Revenue VS EstimatesCPNG Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 10B 20B 30B 40B 50B
CPNG Yearly EPS VS EstimatesCPNG Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 0 1 -1 2

More info and screens

Find the best growth stocksShow best growing peers

2

4. CPNG Valuation Analysis

4.1 Price/Earnings Ratio

  • CPNG is valuated quite expensively with a Price/Earnings ratio of 156.75.
  • 63.33% of the companies in the same industry are cheaper than CPNG, based on the Price/Earnings ratio.
  • Compared to an average S&P500 Price/Earnings ratio of 26.29, CPNG is valued quite expensively.
  • Based on the Price/Forward Earnings ratio of 51.57, the valuation of CPNG can be described as expensive.
  • CPNG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CPNG is more expensive than 70.00% of the companies in the same industry.
  • CPNG's Price/Forward Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 24.60.
Industry RankSector Rank
PE 156.75
Fwd PE 51.57
CPNG Price Earnings VS Forward Price EarningsCPNG Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, CPNG is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
  • CPNG's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 65.88
EV/EBITDA 29.49
CPNG Per share dataCPNG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

4.3 Compensation for Growth

  • CPNG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • CPNG's earnings are expected to grow with 102.44% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y136.19%
EPS Next 3Y102.44%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

0

5. CPNG Dividend Analysis

5.1 Amount

  • No dividends for CPNG!.
Industry RankSector Rank
Dividend Yield 0%

More info and screens

Find the best dividend stocksShow peers with best dividend

CPNG Fundamentals: All Metrics, Ratios and Statistics

COUPANG INC

NYSE:CPNG (3/9/2026, 5:43:06 PM)

After market: 18.81 0 (0%)

18.81

-0.26 (-1.36%)

Chartmill FA Rating
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)02-26
Earnings (Next)05-04
Inst Owners68.61%
Inst Owner Change-0.23%
Ins Owners0.59%
Ins Owner Change3.54%
Market Cap34.39B
Revenue(TTM)34.53B
Net Income(TTM)208.00M
Analysts81.9
Price Target31.18 (65.76%)
Short Float %2.3%
Short Ratio1.23
Dividend
Industry RankSector Rank
Dividend Yield 0%
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)-49.08%
Min EPS beat(2)-133.81%
Max EPS beat(2)35.64%
EPS beat(4)2
Avg EPS beat(4)-36.87%
Min EPS beat(4)-133.81%
Max EPS beat(4)35.64%
EPS beat(8)5
Avg EPS beat(8)137.17%
EPS beat(12)8
Avg EPS beat(12)96.32%
EPS beat(16)12
Avg EPS beat(16)95.52%
Revenue beat(2)0
Avg Revenue beat(2)-2.4%
Min Revenue beat(2)-4.27%
Max Revenue beat(2)-0.53%
Revenue beat(4)0
Avg Revenue beat(4)-2.49%
Min Revenue beat(4)-4.27%
Max Revenue beat(4)-0.53%
Revenue beat(8)1
Avg Revenue beat(8)-1.98%
Revenue beat(12)4
Avg Revenue beat(12)-1.03%
Revenue beat(16)4
Avg Revenue beat(16)-1.62%
PT rev (1m)-7.65%
PT rev (3m)-15.74%
EPS NQ rev (1m)-22.4%
EPS NQ rev (3m)-22.4%
EPS NY rev (1m)-20.27%
EPS NY rev (3m)-35.44%
Revenue NQ rev (1m)-7.99%
Revenue NQ rev (3m)-9.73%
Revenue NY rev (1m)-4.76%
Revenue NY rev (3m)-6.04%
Valuation
Industry RankSector Rank
PE 156.75
Fwd PE 51.57
P/S 1
P/FCF 65.88
P/OCF 19.4
P/B 7.44
P/tB 7.76
EV/EBITDA 29.49
EPS(TTM)0.12
EY0.64%
EPS(NY)0.36
Fwd EY1.94%
FCF(TTM)0.29
FCFY1.52%
OCF(TTM)0.97
OCFY5.16%
SpS18.89
BVpS2.53
TBVpS2.42
PEG (NY)0.77
PEG (5Y)N/A
Graham Number2.61
Profitability
Industry RankSector Rank
ROA 1.17%
ROE 4.5%
ROCE 5.61%
ROIC 3.98%
ROICexc 12.16%
ROICexgc 12.97%
OM 1.37%
PM (TTM) 0.6%
GM 29.37%
FCFM 1.51%
ROA(3y)4.12%
ROA(5y)-1.29%
ROE(3y)13.84%
ROE(5y)-6.64%
ROIC(3y)4.61%
ROIC(5y)N/A
ROICexc(3y)17.86%
ROICexc(5y)N/A
ROICexgc(3y)18.84%
ROICexgc(5y)N/A
ROCE(3y)6.24%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc 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 3Y8.67%
GM growth 5Y12.09%
F-Score7
Asset Turnover1.94
Health
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 3.08
Debt/EBITDA 1.62
Cap/Depr 241.97%
Cap/Sales 3.62%
Interest Coverage 7.28
Cash Conversion 179.09%
Profit Quality 250.96%
Current Ratio 1.04
Quick Ratio 0.79
Altman-Z 3.32
F-Score7
WACC8.81%
ROIC/WACC0.45
Cap/Depr(3y)256.93%
Cap/Depr(5y)292.41%
Cap/Sales(3y)3.4%
Cap/Sales(5y)3.57%
Profit Quality(3y)344.66%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-125%
EPS Next Y203.94%
EPS Next 2Y136.19%
EPS Next 3Y102.44%
EPS Next 5Y61.69%
Revenue 1Y (TTM)14.09%
Revenue growth 3Y18.83%
Revenue growth 5Y23.61%
Sales Q2Q%10.92%
Revenue Next Year10.91%
Revenue Next 2Y11.81%
Revenue Next 3Y11.23%
Revenue Next 5Y4.67%
EBIT growth 1Y-7.8%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year107.54%
EBIT Next 3Y65.5%
EBIT Next 5Y43.32%
FCF growth 1Y-48.16%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-5.99%
OCF growth 3Y46.37%
OCF growth 5Y42.52%

COUPANG INC / CPNG FAQ

What is the ChartMill fundamental rating of COUPANG INC (CPNG) stock?

ChartMill assigns a fundamental rating of 3 / 10 to CPNG.


Can you provide the valuation status for COUPANG INC?

ChartMill assigns a valuation rating of 2 / 10 to COUPANG INC (CPNG). This can be considered as Overvalued.


What is the profitability of CPNG stock?

COUPANG INC (CPNG) has a profitability rating of 2 / 10.


What is the earnings growth outlook for COUPANG INC?

The Earnings per Share (EPS) of COUPANG INC (CPNG) is expected to grow by 203.94% in the next year.