COUPANG INC (CPNG) Stock Fundamental Analysis
NYSE:CPNG - New York Stock Exchange, Inc. - US22266T1097 - Common Stock - Currency: USD
CPNG gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 32 industry peers in the Broadline Retail industry. The financial health of CPNG is average, but there are quite some concerns on its profitability. CPNG does not seem to be growing, but still is valued expensively.
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.
CPNG had negative earnings in 4 of the past 5 years.
The reported operating cash flow has been mixed in the past 5 years: CPNG reported negative operating cash flow in multiple years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.31%, CPNG is in the better half of the industry, outperforming 64.52% of the companies in the same industry.
Looking at the Return On Equity, with a value of 24.60%, CPNG is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
The Return On Invested Capital of CPNG (3.15%) is worse than 64.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 24.6% | ||
| ROIC | 3.15% |
ROA(3y)-2.88%
ROA(5y)-8.68%
ROE(3y)-13.82%
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
CPNG has a better Profit Margin (3.57%) than 64.52% of its industry peers.
CPNG's Operating Margin of 1.18% is on the low side compared to the rest of the industry. CPNG is outperformed by 64.52% of its industry peers.
CPNG has a worse Gross Margin (27.79%) than 83.87% of its industry peers.
In the last couple of years the Gross Margin of CPNG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.18% | ||
| PM (TTM) | 3.57% | ||
| GM | 27.79% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y15.22%
GM growth 5Y37.95%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CPNG is destroying value.
CPNG has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
CPNG has an Altman-Z score of 3.64. This indicates that CPNG is financially healthy and has little risk of bankruptcy at the moment.
CPNG has a Altman-Z score of 3.64. This is in the better half of the industry: CPNG outperforms 67.74% of its industry peers.
The Debt to FCF ratio of CPNG is 1.73, which is an excellent value as it means it would take CPNG, only 1.73 years of fcf income to pay off all of its debts.
CPNG's Debt to FCF ratio of 1.73 is fine compared to the rest of the industry. CPNG outperforms 74.19% of its industry peers.
A Debt/Equity ratio of 0.38 indicates that CPNG is not too dependend on debt financing.
CPNG has a Debt to Equity ratio of 0.38. This is comparable to the rest of the industry: CPNG outperforms 48.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.73 | ||
| Altman-Z | 3.64 |
ROIC/WACC0.3
WACC10.34%
2.3 Liquidity
A Current Ratio of 1.13 indicates that CPNG should not have too much problems paying its short term obligations.
CPNG has a Current ratio of 1.13. This is in the lower half of the industry: CPNG underperforms 77.42% of its industry peers.
A Quick Ratio of 0.86 indicates that CPNG may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.86, CPNG is doing worse than 64.52% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.86 |
3. Growth
3.1 Past
The earnings per share for CPNG have decreased strongly by -38.46% in the last year.
EPS 1Y (TTM)-38.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%21.4%
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 52.57% on average per year.
Based on estimates for the next years, CPNG will show a quite strong growth in Revenue. The Revenue will grow by 12.51% on average per year.
EPS Next Y214.7%
EPS Next 2Y124.04%
EPS Next 3Y74.26%
EPS Next 5Y52.57%
Revenue Next Year14.76%
Revenue Next 2Y14.5%
Revenue Next 3Y14.13%
Revenue Next 5Y12.51%
3.3 Evolution
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 148.13, CPNG can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Earnings ratio of CPNG indicates a slightly more expensive valuation: CPNG is more expensive than 67.74% of the companies listed in the same industry.
CPNG is valuated expensively when we compare the Price/Earnings ratio to 29.43, which is the current average of the S&P500 Index.
CPNG is valuated quite expensively with a Price/Forward Earnings ratio of 47.07.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CPNG indicates a slightly more expensive valuation: CPNG is more expensive than 61.29% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.67. CPNG is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 148.13 | ||
| Fwd PE | 47.07 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CPNG is valued a bit more expensive than 67.74% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as CPNG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 46.31 | ||
| EV/EBITDA | 52.05 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CPNG's earnings are expected to grow with 74.26% in the coming years.
PEG (NY)0.69
PEG (5Y)N/A
EPS Next 2Y124.04%
EPS Next 3Y74.26%
5. Dividend
5.1 Amount
No dividends for CPNG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
23.7
+0.01 (+0.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners62.84%
Inst Owner Change2.95%
Ins Owners0.8%
Ins Owner Change2.26%
Market Cap42.63B
Analysts80.95
Price Target29.53 (24.6%)
Short Float %1.19%
Short Ratio1.98
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)2
Avg EPS beat(2)371.73%
Min EPS beat(2)365.19%
Max EPS beat(2)378.26%
EPS beat(4)3
Avg EPS beat(4)190.55%
Min EPS beat(4)-13.24%
Max EPS beat(4)378.26%
EPS beat(8)6
Avg EPS beat(8)100.5%
EPS beat(12)9
Avg EPS beat(12)95.39%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-1.65%
Min Revenue beat(2)-2.66%
Max Revenue beat(2)-0.63%
Revenue beat(4)1
Avg Revenue beat(4)-0.68%
Min Revenue beat(4)-2.66%
Max Revenue beat(4)0.71%
Revenue beat(8)4
Avg Revenue beat(8)-0.3%
Revenue beat(12)4
Avg Revenue beat(12)-1.32%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-1.35%
PT rev (3m)1.52%
EPS NQ rev (1m)-53.57%
EPS NQ rev (3m)-61.31%
EPS NY rev (1m)-42.34%
EPS NY rev (3m)-62.31%
Revenue NQ rev (1m)-1.78%
Revenue NQ rev (3m)-1.78%
Revenue NY rev (1m)-0.34%
Revenue NY rev (3m)-0.4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 148.13 | ||
| Fwd PE | 47.07 | ||
| P/S | 1.48 | ||
| P/FCF | 46.31 | ||
| P/OCF | 23.43 | ||
| P/B | 10.18 | ||
| P/tB | 10.98 | ||
| EV/EBITDA | 52.05 |
EPS(TTM)0.16
EY0.68%
EPS(NY)0.5
Fwd EY2.12%
FCF(TTM)0.51
FCFY2.16%
OCF(TTM)1.01
OCFY4.27%
SpS16.05
BVpS2.33
TBVpS2.16
PEG (NY)0.69
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.31% | ||
| ROE | 24.6% | ||
| ROCE | 4.17% | ||
| ROIC | 3.15% | ||
| ROICexc | 9.9% | ||
| ROICexgc | 11.16% | ||
| OM | 1.18% | ||
| PM (TTM) | 3.57% | ||
| GM | 27.79% | ||
| FCFM | 3.19% |
ROA(3y)-2.88%
ROA(5y)-8.68%
ROE(3y)-13.82%
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 3Y15.22%
GM growth 5Y37.95%
F-Score6
Asset Turnover1.77
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.38 | ||
| Debt/FCF | 1.73 | ||
| Debt/EBITDA | 2.15 | ||
| Cap/Depr | 230.32% | ||
| Cap/Sales | 3.11% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 249.12% | ||
| Profit Quality | 89.32% | ||
| Current Ratio | 1.13 | ||
| Quick Ratio | 0.86 | ||
| Altman-Z | 3.64 |
F-Score6
WACC10.34%
ROIC/WACC0.3
Cap/Depr(3y)339%
Cap/Depr(5y)340.85%
Cap/Sales(3y)3.78%
Cap/Sales(5y)3.77%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-38.46%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
EPS Next Y214.7%
EPS Next 2Y124.04%
EPS Next 3Y74.26%
EPS Next 5Y52.57%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%21.4%
Revenue Next Year14.76%
Revenue Next 2Y14.5%
Revenue Next 3Y14.13%
Revenue Next 5Y12.51%
EBIT growth 1Y-20.03%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year153.06%
EBIT Next 3Y71.74%
EBIT Next 5Y53.92%
FCF growth 1Y184.54%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y935.31%
OCF growth 3Y106.4%
OCF growth 5YN/A