Logo image of CPNG

COUPANG INC (CPNG) Stock Fundamental Analysis

NYSE:CPNG - US22266T1097 - Common Stock

28.2 USD
-0.38 (-1.33%)
Last: 9/2/2025, 9:50:06 AM
Fundamental Rating

4

We assign a fundamental rating of 4 out of 10 to CPNG. CPNG was compared to 28 industry peers in the Broadline Retail industry. While CPNG seems to be doing ok healthwise, 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

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year CPNG was profitable.
In the past year CPNG had a positive cash flow from operations.
In multiple years CPNG reported negative net income over the last 5 years.
Of the past 5 years CPNG 4 years had a positive operating cash flow.
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 0 1B -1B 2B

1.2 Ratios

CPNG has a Return On Assets (2.05%) which is in line with its industry peers.
With a Return On Equity value of 7.79%, CPNG perfoms like the industry average, outperforming 53.57% of the companies in the same industry.
The Return On Invested Capital of CPNG (6.19%) is comparable to the rest of the industry.
Industry RankSector 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
CPNG Yearly ROA, ROE, ROICCPNG Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500 1K

1.3 Margins

With a Profit Margin value of 1.13%, CPNG perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
CPNG has a Operating Margin (2.24%) which is comparable to the rest of the industry.
The Gross Margin of CPNG (29.87%) is worse than 85.71% of its industry peers.
CPNG's Gross Margin has improved in the last couple of years.
Industry RankSector 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%
CPNG Yearly Profit, Operating, Gross MarginsCPNG Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 -10 20 -20

More info and screens

4

2. Health

2.1 Basic Checks

The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CPNG is destroying value.
CPNG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CPNG has more shares outstanding
The debt/assets ratio for CPNG is higher compared to a year ago.
CPNG Yearly Shares OutstandingCPNG Yearly Shares OutstandingYearly Shares Outstanding 2018 2019 2020 2021 2022 2023 2024 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 5B 10B 15B

2.2 Solvency

An Altman-Z score of 4.05 indicates that CPNG is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.05, CPNG is in the better half of the industry, outperforming 67.86% of the companies in the same industry.
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.
With a Debt to Equity ratio value of 0.35, CPNG perfoms like the industry average, outperforming 42.86% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.35
Debt/FCF 2.32
Altman-Z 4.05
ROIC/WACC0.69
WACC8.96%
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 0 1B -1B 2B 3B 4B

2.3 Liquidity

A Current Ratio of 1.09 indicates that CPNG should not have too much problems paying its short term obligations.
CPNG's Current ratio of 1.09 is on the low side compared to the rest of the industry. CPNG is outperformed by 78.57% of its industry peers.
A Quick Ratio of 0.84 indicates that CPNG may have some problems paying its short term obligations.
The Quick ratio of CPNG (0.84) is worse than 75.00% of its industry peers.
Industry RankSector Rank
Current Ratio 1.09
Quick Ratio 0.84
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 2B 4B 6B 8B

More info and screens

6

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.
The Revenue has been growing by 36.99% on average over the past years. This is a very strong growth!
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
The Revenue is expected to grow by 10.25% on average over the next years. This is quite good.
EPS Next Y12.24%
EPS Next 2Y94.46%
EPS Next 3Y83.48%
EPS Next 5Y57.91%
Revenue Next Year14.97%
Revenue Next 2Y15.76%
Revenue Next 3Y14.69%
Revenue Next 5Y10.25%

3.3 Evolution

The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past 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 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 0 1 -1 2

More info and screens

2

4. Valuation

4.1 Price/Earnings Ratio

CPNG is valuated quite expensively with a Price/Earnings ratio of 176.25.
Compared to the rest of the industry, the Price/Earnings ratio of CPNG is on the same level as its industry peers.
When comparing the Price/Earnings ratio of CPNG to the average of the S&P500 Index (27.13), we can say CPNG is valued expensively.
With a Price/Forward Earnings ratio of 46.61, CPNG can be considered very expensive at the moment.
CPNG's Price/Forward Earnings ratio is a bit more expensive when compared to the industry. CPNG is more expensive than 67.86% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.76. CPNG is valued rather expensively when compared to this.
Industry RankSector Rank
PE 176.25
Fwd PE 46.61
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 64.29% 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 66.17
EV/EBITDA 38.48
CPNG Per share dataCPNG EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 5 10 15

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)14.39
PEG (5Y)N/A
EPS Next 2Y94.46%
EPS Next 3Y83.48%

More info and screens

0

5. Dividend

5.1 Amount

CPNG does not give a dividend.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

COUPANG INC

NYSE:CPNG (9/2/2025, 9:50:06 AM)

28.2

-0.38 (-1.33%)

Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)08-05 2025-08-05/amc
Earnings (Next)11-03 2025-11-03/amc
Inst Owners63.64%
Inst Owner Change-2.73%
Ins Owners0.61%
Ins Owner Change-8.21%
Market Cap51.41B
Analysts81
Price Target34.62 (22.77%)
Short Float %0.93%
Short Ratio1.15
Dividend
Industry RankSector 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)9.55%
PT rev (3m)14.43%
EPS NQ rev (1m)-54.5%
EPS NQ rev (3m)-70.77%
EPS NY rev (1m)-40.92%
EPS NY rev (3m)-40.4%
Revenue NQ rev (1m)0.43%
Revenue NQ rev (3m)4.49%
Revenue NY rev (1m)0.99%
Revenue NY rev (3m)1.89%
Valuation
Industry RankSector Rank
PE 176.25
Fwd PE 46.61
P/S 1.59
P/FCF 66.17
P/OCF 26.93
P/B 10.97
P/tB 11.49
EV/EBITDA 38.48
EPS(TTM)0.16
EY0.57%
EPS(NY)0.61
Fwd EY2.15%
FCF(TTM)0.43
FCFY1.51%
OCF(TTM)1.05
OCFY3.71%
SpS17.7
BVpS2.57
TBVpS2.45
PEG (NY)14.39
PEG (5Y)N/A
Profitability
Industry RankSector 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 RankSector 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 4.05
F-Score6
WACC8.96%
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 Year14.97%
Revenue Next 2Y15.76%
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