VIPSHOP HOLDINGS LTD - ADR (VIPS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VIPS - US92763W1036 - ADR
19.76 USD
+0.49 (+2.54%)
19.76 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 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.
In the past 5 years VIPS has always been profitable.
In the past 5 years VIPS always reported a positive cash flow from operatings.
1.2 Ratios
VIPS has a better Return On Assets (9.06%) than 86.67% of its industry peers.
VIPS has a better Return On Equity (17.57%) than 80.00% of its industry peers.
The Return On Invested Capital of VIPS (11.60%) is better than 76.67% of its industry peers.
VIPS had an Average Return On Invested Capital over the past 3 years of 15.04%. This is significantly above the industry average of 9.45%.
| 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
With a decent Profit Margin value of 6.66%, VIPS is doing good in the industry, outperforming 70.00% of the companies in the same industry.
In the last couple of years the Profit Margin of VIPS has grown nicely.
Looking at the Operating Margin, with a value of 7.58%, VIPS is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Operating Margin of VIPS has grown nicely.
The Gross Margin of VIPS (23.13%) is worse than 90.00% of its industry peers.
VIPS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.58% | ||
| 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
VIPS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, VIPS has less shares outstanding
Compared to 5 years ago, VIPS has less shares outstanding
Compared to 1 year ago, VIPS has a worse debt to assets ratio.
2.2 Solvency
VIPS has a Debt/Equity ratio of 0.19. This is a healthy value indicating a solid balance between debt and equity.
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/WACC1.54
WACC7.53%
2.3 Liquidity
A Current Ratio of 1.30 indicates that VIPS should not have too much problems paying its short term obligations.
VIPS has a Current ratio of 1.30. This is in the lower half of the industry: VIPS underperforms 70.00% of its industry peers.
A Quick Ratio of 1.15 indicates that VIPS should not have too much problems paying 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%.
The Earnings Per Share has been growing by 17.77% on average over the past years. This is quite good.
Looking at the last year, VIPS shows a decrease in Revenue. The Revenue has decreased by -2.91% in the last year.
Measured over the past years, VIPS shows a small growth in Revenue. The Revenue has been growing by 3.12% on average per year.
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
VIPS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 7.95% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
VIPS is valuated reasonably with a Price/Earnings ratio of 8.17.
Based on the Price/Earnings ratio, VIPS is valued cheaper than 100.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of VIPS to the average of the S&P500 Index (26.15), we can say VIPS is valued rather cheaply.
The Price/Forward Earnings ratio is 7.52, which 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 96.67% of the companies in the same industry.
VIPS is valuated cheaply when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.52 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VIPS is valued cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 3.65 |
4.3 Compensation for Growth
VIPS's 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)1.53
PEG (5Y)0.46
EPS Next 2Y5.46%
EPS Next 3Y5.66%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.33%, 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 13.52. VIPS pays more dividend than 86.67% of the companies in the same industry.
VIPS's Dividend Yield is comparable with the S&P500 average which is at 2.41.
| 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%
19.76
+0.49 (+2.54%)
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 Cap10.17B
Revenue(TTM)106.67B
Net Income(TTM)7.10B
Analysts74.07
Price Target18.9 (-4.35%)
Short Float %0.2%
Short Ratio1.55
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)0%
EPS NQ rev (3m)1.28%
EPS NY rev (1m)0%
EPS NY rev (3m)1.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.17 | ||
| Fwd PE | 7.52 | ||
| P/S | 0.68 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 1.78 | ||
| P/tB | 1.83 | ||
| EV/EBITDA | 3.65 |
EPS(TTM)2.42
EY12.25%
EPS(NY)2.63
Fwd EY13.3%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS29.25
BVpS11.08
TBVpS10.78
PEG (NY)1.53
PEG (5Y)0.46
Graham Number24.56
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
WACC7.53%
ROIC/WACC1.54
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 8.17 and the Price/Book (PB) ratio is 1.78.
Can you provide the financial health for VIPS stock?
The financial health rating of VIPSHOP HOLDINGS LTD - ADR (VIPS) is 3 / 10.