JD.COM INC-ADR (JD)
US47215P1066 - ADR
We assign a fundamental rating of 4 out of 10 to JD. JD was compared to 34 industry peers in the Broadline Retail industry. There are concerns on the financial health of JD while its profitability can be described as average. JD is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year JD was profitable.
Of the past 5 years JD 4 years were profitable.
Of the past 5 years JD 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 3.84%, JD is doing good in the industry, outperforming 60.61% of the companies in the same industry.
With a decent Return On Equity value of 10.42%, JD is doing good in the industry, outperforming 60.61% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 5.63%, JD is in line with its industry, outperforming 57.58% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for JD is significantly below the industry average of 11.30%.
The 3 year average ROIC (3.45%) for JD is below the current ROIC(5.63%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.84% | ||
| ROE | 10.42% | ||
| ROIC | 5.63% |
ROA(3y)1.62%
ROA(5y)4.25%
ROE(3y)4.53%
ROE(5y)10.96%
ROIC(3y)3.45%
ROIC(5y)3.3%
1.3 Margins
With a decent Profit Margin value of 2.23%, JD is doing good in the industry, outperforming 60.61% of the companies in the same industry.
JD's Profit Margin has declined in the last couple of years.
JD's Operating Margin of 2.67% is in line compared to the rest of the industry. JD outperforms 45.45% of its industry peers.
JD's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 14.72%, JD is doing worse than 93.94% of the companies in the same industry.
JD's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 2.67% | ||
| PM (TTM) | 2.23% | ||
| GM | 14.72% |
OM growth 3Y22.95%
OM growth 5YN/A
PM growth 3Y-30.46%
PM growth 5YN/A
GM growth 3Y0.21%
GM growth 5Y0.62%
2. Health
2.1 Basic Checks
JD has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for JD remains at a similar level compared to 1 year ago.
Compared to 5 years ago, JD has more shares outstanding
JD has a worse debt/assets ratio than last year.
2.2 Solvency
A Debt/Equity ratio of 0.20 indicates that JD is not too dependend on debt financing.
JD has a Debt to Equity ratio of 0.20. This is comparable to the rest of the industry: JD outperforms 54.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.65
WACC8.62%
2.3 Liquidity
A Current Ratio of 1.16 indicates that JD should not have too much problems paying its short term obligations.
The Current ratio of JD (1.16) is worse than 75.76% of its industry peers.
A Quick Ratio of 0.90 indicates that JD may have some problems paying its short term obligations.
JD's Quick ratio of 0.90 is on the low side compared to the rest of the industry. JD is outperformed by 63.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.9 |
3. Growth
3.1 Past
JD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.20%, which is quite impressive.
The earnings per share for JD have been decreasing by -21.72% on average. This is quite bad
JD shows a small growth in Revenue. In the last year, the Revenue has grown by 3.67%.
Measured over the past years, JD shows a quite strong growth in Revenue. The Revenue has been growing by 18.61% on average per year.
EPS 1Y (TTM)26.2%
EPS 3Y-21.72%
EPS 5YN/A
EPS growth Q2Q9.96%
Revenue 1Y (TTM)3.67%
Revenue growth 3Y13.3%
Revenue growth 5Y18.61%
Revenue growth Q2Q3.6%
3.2 Future
The Earnings Per Share is expected to grow by 16.06% on average over the next years. This is quite good.
Based on estimates for the next years, JD will show a small growth in Revenue. The Revenue will grow by 4.57% on average per year.
EPS Next Y20.62%
EPS Next 2Y17.14%
EPS Next 3Y16.06%
EPS Next 5YN/A
Revenue Next Year7.31%
Revenue Next 2Y7.22%
Revenue Next 3Y6.34%
Revenue Next 5Y4.57%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 9.47 indicates a reasonable valuation of JD.
Based on the Price/Earnings ratio, JD is valued cheaply inside the industry as 81.82% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 24.55. JD is valued rather cheaply when compared to this.
JD is valuated cheaply with a Price/Forward Earnings ratio of 7.86.
Based on the Price/Forward Earnings ratio, JD is valued cheaper than 87.88% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.92, JD is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.47 | ||
| Fwd PE | 7.86 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
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.
JD's earnings are expected to grow with 16.06% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.46
PEG (5Y)N/A
EPS Next 2Y17.14%
EPS Next 3Y16.06%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.67%, JD has a reasonable but not impressive dividend return.
JD's Dividend Yield is rather good when compared to the industry average which is at 4.27. JD pays more dividend than 87.88% of the companies in the same industry.
JD's Dividend Yield is comparable with the S&P500 average which is at 2.39.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
5.2 History
JD has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y17.14%
EPS Next 3Y16.06%
JD.COM INC-ADR
NASDAQ:JD (5/1/2024, 7:04:43 PM)
After market: 29.35 +0.08 (+0.27%)29.27
+0.38 (+1.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap45.92B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.67% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.47 | ||
| Fwd PE | 7.86 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.46
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.84% | ||
| ROE | 10.42% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 2.67% | ||
| PM (TTM) | 2.23% | ||
| GM | 14.72% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.72
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.2 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.16 | ||
| Quick Ratio | 0.9 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)26.2%
EPS 3Y-21.72%
EPS 5Y
EPS growth Q2Q
EPS Next Y20.62%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.67%
Revenue growth 3Y13.3%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y