COUPANG INC (CPNG) Stock Fundamental Analysis
USA - NYSE:CPNG - US22266T1097 - Common Stock
33.42 USD
-0.11 (-0.33%)
33.4085 USD
-0.01 (-0.03%)
Taking everything into account, CPNG scores 3 out of 10 in our fundamental rating. CPNG was compared to 28 industry peers in the Broadline Retail industry. CPNG scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. CPNG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CPNG had positive earnings in the past year.
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.
1.2 Ratios
CPNG's Return On Assets of 2.05% is in line compared to the rest of the industry. CPNG outperforms 53.57% of its industry peers.
CPNG has a Return On Equity of 7.79%. This is comparable to the rest of the industry: CPNG outperforms 53.57% of its industry peers.
CPNG's Return On Invested Capital of 6.19% is in line compared to the rest of the industry. CPNG outperforms 50.00% 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
CPNG's Profit Margin of 1.13% is in line compared to the rest of the industry. CPNG outperforms 50.00% of its industry peers.
CPNG has a Operating Margin (2.24%) which is comparable to the rest of the industry.
Looking at the Gross Margin, with a value of 29.87%, CPNG is doing worse than 85.71% of the companies in the same industry.
CPNG's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CPNG is destroying value.
Compared to 1 year ago, CPNG has more shares outstanding
The number of shares outstanding for CPNG has been increased compared to 5 years ago.
The debt/assets ratio for CPNG is higher compared to a year ago.
2.2 Solvency
CPNG has an Altman-Z score of 4.47. This indicates that CPNG is financially healthy and has little risk of bankruptcy at the moment.
CPNG has a Altman-Z score of 4.47. This is in the better half of the industry: CPNG outperforms 71.43% of its industry peers.
CPNG has a debt to FCF ratio of 2.32. This is a good value and a sign of high solvency as CPNG would need 2.32 years to pay back of all of its debts.
CPNG has a Debt to FCF ratio of 2.32. This is in the better half of the industry: CPNG outperforms 75.00% of its industry peers.
A Debt/Equity ratio of 0.35 indicates that CPNG is not too dependend on debt financing.
CPNG has a Debt to Equity ratio (0.35) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 2.32 | ||
| Altman-Z | 4.47 |
ROIC/WACC0.69
WACC9.01%
2.3 Liquidity
A Current Ratio of 1.09 indicates that CPNG should not have too much problems paying its short term obligations.
The Current ratio of CPNG (1.09) is worse than 78.57% of its industry peers.
A Quick Ratio of 0.84 indicates that CPNG may have some problems paying its short term obligations.
CPNG has a Quick ratio of 0.84. This is in the lower half of the industry: CPNG underperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 0.84 |
3. Growth
3.1 Past
The earnings per share for CPNG have decreased strongly by -23.81% in the last year.
Looking at the last year, CPNG shows a quite strong growth in Revenue. The Revenue has grown by 18.69% in the last year.
Measured over the past years, CPNG shows a very strong growth in Revenue. The Revenue has been growing by 36.99% on average per year.
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
The Earnings Per Share is expected to grow by 57.91% on average over the next years. This is a very strong growth
Based on estimates for the next years, CPNG will show a quite strong growth in Revenue. The Revenue will grow by 10.25% on average per year.
EPS Next Y12.24%
EPS Next 2Y94.46%
EPS Next 3Y83.48%
EPS Next 5Y57.91%
Revenue Next Year14.91%
Revenue Next 2Y15.73%
Revenue Next 3Y14.69%
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
The Price/Earnings ratio is 208.88, which means the current valuation is very expensive for CPNG.
CPNG's Price/Earnings is on the same level as the industry average.
When comparing the Price/Earnings ratio of CPNG to the average of the S&P500 Index (27.41), we can say CPNG is valued expensively.
A Price/Forward Earnings ratio of 55.24 indicates a quite expensive valuation of CPNG.
Based on the Price/Forward Earnings ratio, CPNG is valued a bit more expensive than 67.86% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.88, CPNG is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 208.88 | ||
| Fwd PE | 55.24 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPNG is valued a bit more expensive than 67.86% of the companies in the same industry.
CPNG's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CPNG is more expensive than 60.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 78.41 | ||
| EV/EBITDA | 45.97 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CPNG does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as CPNG's earnings are expected to grow with 83.48% in the coming years.
PEG (NY)17.06
PEG (5Y)N/A
EPS Next 2Y94.46%
EPS Next 3Y83.48%
5. Dividend
5.1 Amount
CPNG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.42
-0.11 (-0.33%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners63.64%
Inst Owner Change-2.73%
Ins Owners0.61%
Ins Owner Change-4.83%
Market Cap60.93B
Analysts83.81
Price Target35.28 (5.57%)
Short Float %0.89%
Short Ratio1.11
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)9.46%
PT rev (3m)14.53%
EPS NQ rev (1m)-43.56%
EPS NQ rev (3m)-70.77%
EPS NY rev (1m)-40.92%
EPS NY rev (3m)-40.4%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)4.49%
Revenue NY rev (1m)0.94%
Revenue NY rev (3m)1.58%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 208.88 | ||
| Fwd PE | 55.24 | ||
| P/S | 1.89 | ||
| P/FCF | 78.41 | ||
| P/OCF | 31.92 | ||
| P/B | 13 | ||
| P/tB | 13.61 | ||
| EV/EBITDA | 45.97 |
EPS(TTM)0.16
EY0.48%
EPS(NY)0.61
Fwd EY1.81%
FCF(TTM)0.43
FCFY1.28%
OCF(TTM)1.05
OCFY3.13%
SpS17.7
BVpS2.57
TBVpS2.45
PEG (NY)17.06
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 | 4.47 |
F-Score6
WACC9.01%
ROIC/WACC0.69
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 Y12.24%
EPS Next 2Y94.46%
EPS Next 3Y83.48%
EPS Next 5Y57.91%
Revenue 1Y (TTM)18.69%
Revenue growth 3Y18.03%
Revenue growth 5Y36.99%
Sales Q2Q%16.4%
Revenue Next Year14.91%
Revenue Next 2Y15.73%
Revenue Next 3Y14.69%
Revenue Next 5Y10.25%
EBIT growth 1Y133.11%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year295.06%
EBIT Next 3Y96.53%
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