COUPANG, INC. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.72 USD | -1.24% |
|
+1.82% | +39.75% |
| May. 16 | UBS Upgrades Coupang to Buy From Neutral | MT |
| May. 13 | Japan's SoftBank swings to quarterly profit, eyes on Arm unit | RE |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 51,457 | 26,041 | 28,944 | 41,124 | - | - |
| Enterprise Value (EV) 1 | 48,602 | 23,198 | 24,715 | 36,813 | 35,435 | 33,954 |
| P/E ratio | -27.2 x | -294 x | 21.6 x | 118 x | 39 x | 25.7 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 2.8 x | 1.27 x | 1.19 x | 1.35 x | 1.18 x | 1.03 x |
| EV / Revenue | 2.64 x | 1.13 x | 1.01 x | 1.21 x | 1.02 x | 0.85 x |
| EV / EBITDA | -65 x | 195 x | 33 x | 29.4 x | 18.1 x | 12.7 x |
| EV / FCF | -44.8 x | -89.6 x | 14.1 x | 87.5 x | 21.6 x | 15.5 x |
| FCF Yield | -2.23% | -1.12% | 7.1% | 1.14% | 4.64% | 6.44% |
| Price to Book | 19.2 x | 10.8 x | 7.09 x | 9.77 x | 7.41 x | 5.76 x |
| Nbr of stocks (in thousands) | 1,751,442 | 1,770,298 | 1,787,787 | 1,787,988 | - | - |
| Reference price 2 | 29.38 | 14.71 | 16.19 | 23.00 | 23.00 | 23.00 |
| Announcement Date | 3/2/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 11,967 | 18,406 | 20,583 | 24,383 | 30,391 | 34,803 | 39,848 |
| EBITDA 1 | - | -747.6 | 118.9 | 748 | 1,253 | 1,960 | 2,675 |
| EBIT 1 | - | -1,198 | -112 | 473 | 751.2 | 1,463 | 2,114 |
| Operating Margin | - | -6.51% | -0.54% | 1.94% | 2.47% | 4.2% | 5.3% |
| Earnings before Tax (EBT) 1 | - | -1,542 | -93.1 | 584 | 741.5 | 1,599 | 2,295 |
| Net income 1 | - | -1,543 | -92.04 | 1,360 | 357.2 | 1,109 | 1,652 |
| Net margin | - | -8.38% | -0.45% | 5.58% | 1.18% | 3.19% | 4.15% |
| EPS 2 | -7.230 | -1.080 | -0.0500 | 0.7500 | 0.1954 | 0.5899 | 0.8957 |
| Free Cash Flow 1 | - | -1,084 | -258.8 | 1,756 | 420.5 | 1,644 | 2,187 |
| FCF margin | - | -5.89% | -1.26% | 7.2% | 1.38% | 4.72% | 5.49% |
| FCF Conversion (EBITDA) | - | - | - | 234.76% | 33.56% | 83.87% | 81.76% |
| FCF Conversion (Net income) | - | - | - | 129.12% | 117.72% | 148.23% | 132.33% |
| Dividend per Share 2 | - | - | - | - | - | - | - |
| Announcement Date | 2/12/21 | 3/2/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,077 | 5,117 | 5,038 | 5,101 | 5,327 | 5,801 | 5,838 | 6,184 | 6,561 | 7,114 | 7,488 | 7,881 | 8,311 | 8,294 | 8,452 |
| EBITDA 1 | -285.1 | -146.5 | 66.17 | 131.8 | 140.3 | 171 | 213.8 | 238.7 | 208 | 224 | 255 | 293.2 | 325 | 535.2 | 469.9 |
| EBIT 1 | -396.6 | -205.7 | -67.14 | 77.42 | 83.41 | 106.8 | 147.6 | 87.48 | 130 | 40 | 114.5 | 166.7 | 219.9 | 383.8 | 315.4 |
| Operating Margin | -7.81% | -4.02% | -1.33% | 1.52% | 1.57% | 1.84% | 2.53% | 1.41% | 1.98% | 0.56% | 1.53% | 2.11% | 2.65% | 4.63% | 3.73% |
| Earnings before Tax (EBT) 1 | -404.1 | -209 | -75.15 | 97.56 | 93.53 | 123.8 | 171.2 | 116.6 | 171 | 59 | 149 | 210.8 | 302.1 | - | - |
| Net income 1 | -405 | -209.3 | -75.49 | 90.68 | 102.1 | 90.86 | 145.2 | 91.3 | 1,032 | 5 | 27.7 | 43.56 | 72.44 | - | - |
| Net margin | -7.98% | -4.09% | -1.5% | 1.78% | 1.92% | 1.57% | 2.49% | 1.48% | 15.73% | 0.07% | 0.37% | 0.55% | 0.87% | - | - |
| EPS 2 | -0.2300 | -0.1200 | -0.0400 | 0.0500 | 0.0600 | 0.0500 | 0.0800 | 0.0500 | 0.5700 | - | 0.0120 | 0.0228 | 0.0404 | 0.0990 | 0.1280 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/2/22 | 5/11/22 | 8/10/22 | 11/9/22 | 2/28/23 | 5/9/23 | 8/8/23 | 11/7/23 | 2/27/24 | 5/7/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - |
| Net Cash position 1 | - | 2,855 | 2,843 | 4,229 | 4,311 | 5,689 | 7,170 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - |
| Free Cash Flow 1 | - | -1,084 | -259 | 1,756 | 421 | 1,644 | 2,187 |
| ROE (net income / shareholders' equity) | - | -196% | -4.01% | 41.8% | 6.79% | 20.1% | 24.8% |
| ROA (Net income/ Total Assets) | - | -22.5% | -1.01% | 11.9% | 0.84% | 6.13% | 7.86% |
| Assets 1 | - | 6,855 | 9,077 | 11,430 | 42,375 | 18,081 | 21,019 |
| Book Value Per Share 2 | - | 1.530 | 1.360 | 2.280 | 2.360 | 3.100 | 3.990 |
| Cash Flow per Share 2 | - | -0.2900 | 0.3200 | 1.470 | 1.150 | 1.520 | 1.890 |
| Capex 1 | - | 674 | 824 | 896 | 1,013 | 1,023 | 1,359 |
| Capex / Sales | - | 3.66% | 4% | 3.67% | 3.33% | 2.94% | 3.41% |
| Announcement Date | 2/12/21 | 3/2/22 | 2/28/23 | 2/27/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
23
USD
Average target price
26.46
USD
Spread / Average Target
+15.03%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +42.06% | 41.12B | |
| +22.08% | 53.86B | |
| +17.28% | 10.45B | |
| +8.75% | 8.18B | |
| -21.07% | 7.48B | |
| +13.26% | 6.89B | |
| +1.70% | 6.07B | |
| +8.38% | 5.24B | |
| -51.96% | 3.78B | |
| -4.56% | 3.55B |
- Stock Market
- Equities
- CPNG Stock
- Financials Coupang, Inc.
