VIPSHOP HOLDINGS LTD - ADR (VIPS) Stock Fundamental Analysis
USA - NYSE:VIPS - US92763W1036 - ADR
18.45 USD
+0.51 (+2.84%)
18.45 USD
0 (0%)
We assign a fundamental rating of 5 out of 10 to VIPS. VIPS was compared to 30 industry peers in the Broadline Retail industry. While VIPS has a great profitability rating, there are quite some concerns on its financial health. VIPS is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
VIPS had positive earnings in the past year.
VIPS had positive earnings in each of the past 5 years.
Each year in the past 5 years VIPS had a positive operating cash flow.
1.2 Ratios
VIPS's Return On Assets of 9.41% is amongst the best of the industry. VIPS outperforms 86.67% of its industry peers.
With a decent Return On Equity value of 17.53%, VIPS is doing good in the industry, outperforming 80.00% of the companies in the same industry.
With a decent Return On Invested Capital value of 12.58%, VIPS is doing good in the industry, outperforming 76.67% of the companies in the same industry.
VIPS had an Average Return On Invested Capital over the past 3 years of 15.04%. This is above the industry average of 10.38%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.41% | ||
| ROE | 17.53% | ||
| ROIC | 12.58% |
ROA(3y)10.39%
ROA(5y)9.74%
ROE(3y)20.19%
ROE(5y)19.13%
ROIC(3y)15.04%
ROIC(5y)14.09%
1.3 Margins
Looking at the Profit Margin, with a value of 6.53%, VIPS is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
VIPS's Profit Margin has improved in the last couple of years.
VIPS has a Operating Margin of 7.70%. This is in the better half of the industry: VIPS outperforms 66.67% of its industry peers.
VIPS's Operating Margin has improved in the last couple of years.
VIPS has a Gross Margin of 23.33%. This is amonst the worse of the industry: VIPS underperforms 90.00% of its industry peers.
VIPS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.7% | ||
| PM (TTM) | 6.53% | ||
| GM | 23.33% |
OM growth 3Y21.06%
OM growth 5Y9.26%
PM growth 3Y21.31%
PM growth 5Y10.57%
GM growth 3Y5.97%
GM growth 5Y1.1%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), VIPS is creating value.
The number of shares outstanding for VIPS has been reduced compared to 1 year ago.
VIPS has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VIPS has a worse debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 0.17 indicates that VIPS is not too dependend on debt financing.
VIPS has a better Debt to Equity ratio (0.17) than 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC1.69
WACC7.46%
2.3 Liquidity
A Current Ratio of 1.26 indicates that VIPS should not have too much problems paying its short term obligations.
VIPS's Current ratio of 1.26 is on the low side compared to the rest of the industry. VIPS is outperformed by 70.00% of its industry peers.
A Quick Ratio of 1.11 indicates that VIPS should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.11, VIPS is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.11 |
3. Growth
3.1 Past
VIPS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.88%.
The Earnings Per Share has been growing by 17.77% on average over the past years. This is quite good.
VIPS shows a decrease in Revenue. In the last year, the revenue decreased by -5.35%.
The Revenue has been growing slightly by 3.12% on average over the past years.
EPS 1Y (TTM)-5.88%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%3.84%
Revenue 1Y (TTM)-5.35%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%-3.98%
3.2 Future
Based on estimates for the next years, VIPS will show a small growth in Earnings Per Share. The EPS will grow by 7.05% on average per year.
VIPS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.41% yearly.
EPS Next Y5.35%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
EPS Next 5Y7.05%
Revenue Next Year-0.19%
Revenue Next 2Y0.97%
Revenue Next 3Y1.43%
Revenue Next 5Y0.41%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.88, the valuation of VIPS can be described as very cheap.
VIPS's Price/Earnings ratio is rather cheap when compared to the industry. VIPS is cheaper than 96.67% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.13. VIPS is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 7.06 indicates a rather cheap valuation of VIPS.
VIPS's Price/Forward Earnings ratio is rather cheap when compared to the industry. VIPS is cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of VIPS to the average of the S&P500 Index (22.35), we can say VIPS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.88 | ||
| Fwd PE | 7.06 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VIPS is valued cheaper than 96.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.62 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of VIPS may justify a higher PE ratio.
PEG (NY)1.47
PEG (5Y)0.44
EPS Next 2Y5.46%
EPS Next 3Y5.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.61%, VIPS has a reasonable but not impressive dividend return.
VIPS's Dividend Yield is rather good when compared to the industry average which is at 9.75. VIPS pays more dividend than 86.67% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, VIPS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
5.2 History
VIPS is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
24.33% of the earnings are spent on dividend by VIPS. This is a low number and sustainable payout ratio.
DP24.33%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
18.45
+0.51 (+2.84%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners58.48%
Inst Owner Change-2.4%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap9.50B
Revenue(TTM)105.97B
Net Income(TTM)6.92B
Analysts74.07
Price Target18.9 (2.44%)
Short Float %0.23%
Short Ratio1.97
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.61% |
Yearly Dividend0.45
Dividend Growth(5Y)N/A
DP24.33%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)0.22%
Min EPS beat(2)0.14%
Max EPS beat(2)0.3%
EPS beat(4)4
Avg EPS beat(4)2.11%
Min EPS beat(4)0.14%
Max EPS beat(4)6.68%
EPS beat(8)7
Avg EPS beat(8)12.01%
EPS beat(12)11
Avg EPS beat(12)18.2%
EPS beat(16)14
Avg EPS beat(16)19.31%
Revenue beat(2)0
Avg Revenue beat(2)-2.23%
Min Revenue beat(2)-2.52%
Max Revenue beat(2)-1.95%
Revenue beat(4)1
Avg Revenue beat(4)-1.42%
Min Revenue beat(4)-2.7%
Max Revenue beat(4)1.47%
Revenue beat(8)2
Avg Revenue beat(8)-1.03%
Revenue beat(12)3
Avg Revenue beat(12)-0.89%
Revenue beat(16)4
Avg Revenue beat(16)-1.09%
PT rev (1m)5.62%
PT rev (3m)13.93%
EPS NQ rev (1m)0.69%
EPS NQ rev (3m)-3.93%
EPS NY rev (1m)0.04%
EPS NY rev (3m)1.28%
Revenue NQ rev (1m)0.21%
Revenue NQ rev (3m)1.46%
Revenue NY rev (1m)-0.01%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.88 | ||
| Fwd PE | 7.06 | ||
| P/S | 0.64 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.71 | ||
| P/tB | 1.76 | ||
| EV/EBITDA | 3.62 |
EPS(TTM)2.34
EY12.68%
EPS(NY)2.61
Fwd EY14.16%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS28.89
BVpS10.77
TBVpS10.47
PEG (NY)1.47
PEG (5Y)0.44
Graham Number23.81
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.41% | ||
| ROE | 17.53% | ||
| ROCE | 18.29% | ||
| ROIC | 12.58% | ||
| ROICexc | 26.84% | ||
| ROICexgc | 28.11% | ||
| OM | 7.7% | ||
| PM (TTM) | 6.53% | ||
| GM | 23.33% | ||
| FCFM | N/A |
ROA(3y)10.39%
ROA(5y)9.74%
ROE(3y)20.19%
ROE(5y)19.13%
ROIC(3y)15.04%
ROIC(5y)14.09%
ROICexc(3y)38.66%
ROICexc(5y)35.02%
ROICexgc(3y)41.33%
ROICexgc(5y)37.39%
ROCE(3y)20%
ROCE(5y)18.68%
ROICexgc growth 3Y13.02%
ROICexgc growth 5Y9.3%
ROICexc growth 3Y12.92%
ROICexc growth 5Y8.82%
OM growth 3Y21.06%
OM growth 5Y9.26%
PM growth 3Y21.31%
PM growth 5Y10.57%
GM growth 3Y5.97%
GM growth 5Y1.1%
F-ScoreN/A
Asset Turnover1.44
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.17 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.68 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.11 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC7.46%
ROIC/WACC1.69
Cap/Depr(3y)258.05%
Cap/Depr(5y)251.53%
Cap/Sales(3y)3.64%
Cap/Sales(5y)3.24%
Profit Quality(3y)100.94%
Profit Quality(5y)106.42%
High Growth Momentum
Growth
EPS 1Y (TTM)-5.88%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%3.84%
EPS Next Y5.35%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
EPS Next 5Y7.05%
Revenue 1Y (TTM)-5.35%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%-3.98%
Revenue Next Year-0.19%
Revenue Next 2Y0.97%
Revenue Next 3Y1.43%
Revenue Next 5Y0.41%
EBIT growth 1Y-20%
EBIT growth 3Y18%
EBIT growth 5Y12.67%
EBIT Next Year12.32%
EBIT Next 3Y6.5%
EBIT Next 5Y4.92%
FCF growth 1Y-39.39%
FCF growth 3Y20.69%
FCF growth 5Y-7.02%
OCF growth 1Y-36.67%
OCF growth 3Y10.61%
OCF growth 5Y-5.77%
VIPSHOP HOLDINGS LTD - ADR / VIPS FAQ
What is the ChartMill fundamental rating of VIPSHOP HOLDINGS LTD - ADR (VIPS) stock?
ChartMill assigns a fundamental rating of 5 / 10 to VIPS.
What is the valuation status of VIPSHOP HOLDINGS LTD - ADR (VIPS) stock?
ChartMill assigns a valuation rating of 6 / 10 to VIPSHOP HOLDINGS LTD - ADR (VIPS). This can be considered as Fairly Valued.
How profitable is VIPSHOP HOLDINGS LTD - ADR (VIPS) stock?
VIPSHOP HOLDINGS LTD - ADR (VIPS) has a profitability rating of 7 / 10.
What are the PE and PB ratios of VIPSHOP HOLDINGS LTD - ADR (VIPS) stock?
The Price/Earnings (PE) ratio for VIPSHOP HOLDINGS LTD - ADR (VIPS) is 7.88 and the Price/Book (PB) ratio is 1.71.
Can you provide the financial health for VIPS stock?
The financial health rating of VIPSHOP HOLDINGS LTD - ADR (VIPS) is 3 / 10.