VIPSHOP HOLDINGS LTD - ADR (VIPS) Stock Fundamental Analysis
NYSE:VIPS - New York Stock Exchange, Inc. - US92763W1036 - ADR - Currency: USD
Overall VIPS gets a fundamental rating of 6 out of 10. We evaluated VIPS against 28 industry peers in the Broadline Retail industry. VIPS has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. VIPS has a bad growth rate and is valued cheaply. These ratings could make VIPS a good candidate for value investing.
1. Profitability
1.1 Basic Checks
In the past year VIPS was profitable.
In the past year VIPS had a positive cash flow from operations.
Each year in the past 5 years VIPS has been profitable.
VIPS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 10.33%, VIPS belongs to the best of the industry, outperforming 82.14% of the companies in the same industry.
VIPS has a Return On Equity of 19.36%. This is in the better half of the industry: VIPS outperforms 78.57% of its industry peers.
VIPS has a better Return On Invested Capital (15.30%) than 82.14% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VIPS is above the industry average of 11.46%.
The last Return On Invested Capital (15.30%) for VIPS is above the 3 year average (15.04%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.33% | ||
| ROE | 19.36% | ||
| ROIC | 15.3% |
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
VIPS's Profit Margin of 7.14% is fine compared to the rest of the industry. VIPS outperforms 71.43% of its industry peers.
In the last couple of years the Profit Margin of VIPS has grown nicely.
VIPS has a better Operating Margin (8.46%) than 67.86% of its industry peers.
VIPS's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 23.49%, VIPS is doing worse than 89.29% of the companies in the same industry.
In the last couple of years the Gross Margin of VIPS has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.46% | ||
| PM (TTM) | 7.14% | ||
| GM | 23.49% |
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.
Compared to 1 year ago, VIPS has less shares outstanding
VIPS has less shares outstanding than it did 5 years ago.
VIPS has a worse debt/assets ratio than last year.
2.2 Solvency
VIPS has an Altman-Z score of 3.75. This indicates that VIPS is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 3.75, VIPS is doing good in the industry, outperforming 64.29% of the companies in the same industry.
VIPS has a debt to FCF ratio of 0.43. This is a very positive value and a sign of high solvency as it would only need 0.43 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.43, VIPS belongs to the top of the industry, outperforming 89.29% of the companies in the same industry.
VIPS has a Debt/Equity ratio of 0.06. This is a healthy value indicating a solid balance between debt and equity.
VIPS's Debt to Equity ratio of 0.06 is fine compared to the rest of the industry. VIPS outperforms 75.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Altman-Z | 3.75 |
ROIC/WACC2.14
WACC7.16%
2.3 Liquidity
VIPS has a Current Ratio of 1.26. This is a normal value and indicates that VIPS is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.26, VIPS is doing worse than 64.29% of the companies in the same industry.
VIPS has a Quick Ratio of 1.10. This is a normal value and indicates that VIPS is financially healthy and should not expect problems in meeting its short term obligations.
VIPS's Quick ratio of 1.10 is in line compared to the rest of the industry. VIPS outperforms 46.43% of its industry peers.
The current and quick ratio evaluation for VIPS is rather negative, while it does have excellent solvency and profitability. These ratios do not necessarly indicate liquidity issues and need to be evaluated against the specifics of the business.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.1 |
3. Growth
3.1 Past
VIPS shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -8.73%.
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 -5.24% in the last year.
The Revenue has been growing slightly by 3.12% on average over the past years.
EPS 1Y (TTM)-8.73%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%-4.94%
Revenue 1Y (TTM)-5.24%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%-4.98%
3.2 Future
The Earnings Per Share is expected to grow by 6.02% on average over the next years.
Based on estimates for the next years, VIPS will show a decrease in Revenue. The Revenue will decrease by -1.68% on average per year.
EPS Next Y4.02%
EPS Next 2Y4.59%
EPS Next 3Y5.1%
EPS Next 5Y6.02%
Revenue Next Year-0.71%
Revenue Next 2Y0.6%
Revenue Next 3Y0.99%
Revenue Next 5Y-1.68%
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.
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
With a Price/Earnings ratio of 6.61, the valuation of VIPS can be described as very cheap.
Based on the Price/Earnings ratio, VIPS is valued cheaper than 92.86% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.03, VIPS is valued rather cheaply.
A Price/Forward Earnings ratio of 5.97 indicates a rather cheap valuation of VIPS.
Based on the Price/Forward Earnings ratio, VIPS is valued cheaper than 96.43% of the companies in the same industry.
VIPS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 5.97 |
4.2 Price Multiples
VIPS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VIPS is cheaper than 96.43% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VIPS is valued cheaper than 82.14% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.11 | ||
| EV/EBITDA | 2.46 |
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 excellent profitability rating of VIPS may justify a higher PE ratio.
PEG (NY)1.64
PEG (5Y)0.37
EPS Next 2Y4.59%
EPS Next 3Y5.1%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.05%, 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 14.51. VIPS pays more dividend than 85.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, VIPS pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
VIPS does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
21.77% of the earnings are spent on dividend by VIPS. This is a low number and sustainable payout ratio.
DP21.77%
EPS Next 2Y4.59%
EPS Next 3Y5.1%
NYSE:VIPS (8/6/2025, 10:46:36 AM)
15.205
-0.14 (-0.94%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Discretionary Distribution & Retail
GICS IndustryBroadline Retail
Earnings (Last)
Earnings (Next)
Inst Owners71.58%
Inst Owner Change-2.72%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap7.83B
Analysts72.41
Price Target16.59 (9.11%)
Short Float %0.3%
Short Ratio2.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend0.45
Dividend Growth(5Y)N/A
DP21.77%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4%
Min EPS beat(2)1.31%
Max EPS beat(2)6.68%
EPS beat(4)3
Avg EPS beat(4)17.32%
Min EPS beat(4)-2.18%
Max EPS beat(4)63.46%
EPS beat(8)7
Avg EPS beat(8)19.94%
EPS beat(12)11
Avg EPS beat(12)24.33%
EPS beat(16)13
Avg EPS beat(16)18.62%
Revenue beat(2)1
Avg Revenue beat(2)-0.62%
Min Revenue beat(2)-2.7%
Max Revenue beat(2)1.47%
Revenue beat(4)1
Avg Revenue beat(4)-1.27%
Min Revenue beat(4)-2.92%
Max Revenue beat(4)1.47%
Revenue beat(8)3
Avg Revenue beat(8)-0.29%
Revenue beat(12)4
Avg Revenue beat(12)-0.45%
Revenue beat(16)4
Avg Revenue beat(16)-0.95%
PT rev (1m)0.11%
PT rev (3m)-1.1%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)-1.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)-0.31%
Revenue NY rev (3m)-1.34%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.61 | ||
| Fwd PE | 5.97 | ||
| P/S | 0.52 | ||
| P/FCF | 10.11 | ||
| P/OCF | 6.16 | ||
| P/B | 1.41 | ||
| P/tB | 1.45 | ||
| EV/EBITDA | 2.46 |
EPS(TTM)2.3
EY15.13%
EPS(NY)2.55
Fwd EY16.76%
FCF(TTM)1.5
FCFY9.89%
OCF(TTM)2.47
OCFY16.22%
SpS29.3
BVpS10.8
TBVpS10.51
PEG (NY)1.64
PEG (5Y)0.37
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.33% | ||
| ROE | 19.36% | ||
| ROCE | 20.38% | ||
| ROIC | 15.3% | ||
| ROICexc | 37.81% | ||
| ROICexgc | 40.07% | ||
| OM | 8.46% | ||
| PM (TTM) | 7.14% | ||
| GM | 23.49% | ||
| FCFM | 5.13% |
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%
ROICexcg growth 3Y13.02%
ROICexcg 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-Score7
Asset Turnover1.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.06 | ||
| Debt/FCF | 0.43 | ||
| Debt/EBITDA | 0.22 | ||
| Cap/Depr | 210.51% | ||
| Cap/Sales | 3.29% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 84.02% | ||
| Profit Quality | 71.92% | ||
| Current Ratio | 1.26 | ||
| Quick Ratio | 1.1 | ||
| Altman-Z | 3.75 |
F-Score7
WACC7.16%
ROIC/WACC2.14
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)-8.73%
EPS 3Y24.62%
EPS 5Y17.77%
EPS Q2Q%-4.94%
EPS Next Y4.02%
EPS Next 2Y4.59%
EPS Next 3Y5.1%
EPS Next 5Y6.02%
Revenue 1Y (TTM)-5.24%
Revenue growth 3Y-2.52%
Revenue growth 5Y3.12%
Sales Q2Q%-4.98%
Revenue Next Year-0.71%
Revenue Next 2Y0.6%
Revenue Next 3Y0.99%
Revenue Next 5Y-1.68%
EBIT growth 1Y0.76%
EBIT growth 3Y18%
EBIT growth 5Y12.67%
EBIT Next Year12.95%
EBIT Next 3Y6.1%
EBIT Next 5Y-0.92%
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%