VIPSHOP HOLDINGS LTD - ADR (VIPS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VIPS - US92763W1036 - ADR
20.12 USD
+0.2 (+1%)
20.12 USD
0 (0%)
Taking everything into account, VIPS scores 5 out of 10 in our fundamental rating. VIPS was compared to 30 industry peers in the Broadline Retail industry. While VIPS belongs to the best of the industry regarding profitability, there are concerns on its financial health. VIPS has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
VIPS had positive earnings in the past year.
Each year in the past 5 years VIPS has been profitable.
Each year in the past 5 years VIPS had a positive operating cash flow.
1.2 Ratios
VIPS has a better Return On Assets (9.06%) than 86.67% of its industry peers.
VIPS's Return On Equity of 17.57% is fine compared to the rest of the industry. VIPS outperforms 80.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 11.60%, VIPS is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for VIPS is significantly above the industry average of 9.35%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.06% | ||
| ROE | 17.57% | ||
| ROIC | 11.6% |
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
The Profit Margin of VIPS (6.66%) is better than 70.00% of its industry peers.
In the last couple of years the Profit Margin of VIPS has grown nicely.
With a decent Operating Margin value of 7.58%, VIPS is doing good in the industry, outperforming 66.67% of the companies in the same industry.
VIPS's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 23.13%, VIPS is not doing good in the industry: 90.00% of the companies in the same industry are doing better.
VIPS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.58% | ||
| PM (TTM) | 6.66% | ||
| GM | 23.13% |
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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so VIPS is creating value.
VIPS has less shares outstanding than it did 1 year ago.
VIPS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for VIPS is higher compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.19 indicates that VIPS is not too dependend on debt financing.
VIPS's Debt to Equity ratio of 0.19 is fine compared to the rest of the industry. VIPS outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC1.55
WACC7.5%
2.3 Liquidity
VIPS has a Current Ratio of 1.30. This is a normal value and indicates that VIPS is financially healthy and should not expect problems in meeting its short term obligations.
VIPS has a worse Current ratio (1.30) than 70.00% of its industry peers.
VIPS has a Quick Ratio of 1.15. This is a normal value and indicates that VIPS is financially healthy and should not expect problems in meeting its short term obligations.
With a Quick ratio value of 1.15, VIPS perfoms like the industry average, outperforming 43.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
VIPS shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.02%.
VIPS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 17.77% yearly.
VIPS shows a decrease in Revenue. In the last year, the revenue decreased by -2.91%.
VIPS shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.12% yearly.
EPS 1Y (TTM)2.02%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%20.65%
Revenue 1Y (TTM)-2.91%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%3.36%
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 7.95% on average per year.
VIPS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.22% yearly.
EPS Next Y5.35%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
EPS Next 5Y7.95%
Revenue Next Year-0.19%
Revenue Next 2Y0.97%
Revenue Next 3Y1.43%
Revenue Next 5Y1.22%
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
The Price/Earnings ratio is 8.28, which indicates a very decent valuation of VIPS.
100.00% of the companies in the same industry are more expensive than VIPS, based on the Price/Earnings ratio.
VIPS is valuated cheaply when we compare the Price/Earnings ratio to 26.46, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.64, the valuation of VIPS can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VIPS indicates a rather cheap valuation: VIPS is cheaper than 96.67% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 36.10. VIPS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 7.64 |
4.2 Price Multiples
100.00% of the companies in the same industry are more expensive than VIPS, based on the Enterprise Value to EBITDA ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.69 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VIPS has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)1.55
PEG (5Y)0.47
EPS Next 2Y5.46%
EPS Next 3Y5.66%
5. Dividend
5.1 Amount
VIPS has a Yearly Dividend Yield of 2.33%.
Compared to an average industry Dividend Yield of 14.88, VIPS pays a better dividend. On top of this VIPS pays more dividend than 86.67% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.32, VIPS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
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
23.73% of the earnings are spent on dividend by VIPS. This is a low number and sustainable payout ratio.
DP23.73%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
20.12
+0.2 (+1%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners58.48%
Inst Owner Change0.65%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap10.36B
Revenue(TTM)106.67B
Net Income(TTM)7.10B
Analysts74.07
Price Target18.9 (-6.06%)
Short Float %0.23%
Short Ratio1.76
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.33% |
Yearly Dividend0.44
Dividend Growth(5Y)N/A
DP23.73%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.14%
Min EPS beat(2)-0.01%
Max EPS beat(2)0.3%
EPS beat(4)3
Avg EPS beat(4)0.43%
Min EPS beat(4)-0.01%
Max EPS beat(4)1.31%
EPS beat(8)6
Avg EPS beat(8)10.19%
EPS beat(12)10
Avg EPS beat(12)14.17%
EPS beat(16)14
Avg EPS beat(16)19.77%
Revenue beat(2)0
Avg Revenue beat(2)-1.2%
Min Revenue beat(2)-1.95%
Max Revenue beat(2)-0.44%
Revenue beat(4)1
Avg Revenue beat(4)-0.86%
Min Revenue beat(4)-2.52%
Max Revenue beat(4)1.47%
Revenue beat(8)2
Avg Revenue beat(8)-1%
Revenue beat(12)3
Avg Revenue beat(12)-0.69%
Revenue beat(16)4
Avg Revenue beat(16)-1%
PT rev (1m)3.12%
PT rev (3m)5.48%
EPS NQ rev (1m)-4.18%
EPS NQ rev (3m)-4.08%
EPS NY rev (1m)0%
EPS NY rev (3m)1.77%
Revenue NQ rev (1m)-0.27%
Revenue NQ rev (3m)-0.64%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 7.64 | ||
| P/S | 0.69 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.81 | ||
| P/tB | 1.86 | ||
| EV/EBITDA | 3.69 |
EPS(TTM)2.43
EY12.08%
EPS(NY)2.63
Fwd EY13.08%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS29.3
BVpS11.1
TBVpS10.8
PEG (NY)1.55
PEG (5Y)0.47
Graham Number24.63
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.06% | ||
| ROE | 17.57% | ||
| ROCE | 17.11% | ||
| ROIC | 11.6% | ||
| ROICexc | 25.94% | ||
| ROICexgc | 27.13% | ||
| OM | 7.58% | ||
| PM (TTM) | 6.66% | ||
| GM | 23.13% | ||
| 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 Turnover1.36
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.19 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 0.8 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.3 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC7.5%
ROIC/WACC1.55
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)2.02%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%20.65%
EPS Next Y5.35%
EPS Next 2Y5.46%
EPS Next 3Y5.66%
EPS Next 5Y7.95%
Revenue 1Y (TTM)-2.91%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%3.36%
Revenue Next Year-0.19%
Revenue Next 2Y0.97%
Revenue Next 3Y1.43%
Revenue Next 5Y1.22%
EBIT growth 1Y-19.04%
EBIT growth 3Y18%
EBIT growth 5Y12.67%
EBIT Next Year12.32%
EBIT Next 3Y6.5%
EBIT Next 5Y4.91%
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 8.28 and the Price/Book (PB) ratio is 1.81.
Can you provide the financial health for VIPS stock?
The financial health rating of VIPSHOP HOLDINGS LTD - ADR (VIPS) is 3 / 10.