GDS Stock Analysis: GDS Holdings | NASDAQ
Information Technology Services | NASDAQ, USA | Market Cap: 5.975m USD | 12M Return: 1.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 77.8M
Qual. Beats: 1
Rev. Trend: 96.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 9.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
GDS Holdings Limited (NASDAQ: GDS) is a Shanghai-based provider of data center services in the Peoples Republic of China, founded in 2001 and listed on NASDAQ since 2016. The company develops and operates large-scale data center facilities, offering a comprehensive suite of services including colocation, managed hosting, managed cloud, and consulting services. Its customer base spans cloud service providers, large Internet companies, financial institutions, telecommunications carriers, IT service providers, and multinational corporations.
As a carrier-neutral colocation provider in China, GDS operates within the countrys rapidly expanding data center industry, which has been driven by rising cloud computing adoption, digital transformation, and growing data consumption among both domestic enterprises and global firms operating in the region. The companys vertically integrated service model-combining physical infrastructure (power, cooling, space) with managed and cloud-related services-reflects the broader shift in the data center sector toward higher-value offerings beyond basic space and power leasing.
- AI cloud demand from Chinese hyperscalers lifts utilization
- China power curbs restrict new data center capacity expansion
- ADR delisting risk persists amid HFCAA audit tensions
| Net Income: 2.84b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 3.09 > 1.0 |
| NWC/Revenue: 90.61% < 20% (prev 34.98%; Δ 55.63% < -1%) |
| CFO/TA 0.04 > 3% & CFO 3.01b > Net Income 2.84b |
| Net Debt (41.0b) to EBITDA (6.96b): 5.90 < 3 |
| Current Ratio: 1.87 > 1.5 & < 3 |
| Outstanding Shares: last quarter (254.0m) vs 12m ago 13.02% < -2% |
| Gross Margin: 24.98% > 18% (prev 22.47%; Δ 2.51% > 0.5%) |
| Asset Turnover: 15.31% > 50% (prev 15.25%; Δ 0.05% > 0%) |
| Interest Coverage Ratio: 2.25 > 6 (EBIT TTM 3.53b / Interest Expense TTM 1.57b) |
| A: 0.13 (Total Current Assets 23.5b - Total Current Liabilities 12.6b) / Total Assets 83.8b |
| B: -0.03 (Retained Earnings -2.44b / Total Assets 83.8b) |
| C: 0.04 (EBIT TTM 3.53b / Avg Total Assets 78.6b) |
| D: 0.61 (Book Value of Equity 31.4b / Total Liabilities 51.5b) |
| Altman-Z'' = 1.70 = BBB |
| DSRI: 0.92 (Receivables 3.24b/3.28b, Revenue 12.0b/11.2b) |
| GMI: 0.90 (GM 22.47% / 24.98%) |
| AQI: 0.91 (AQ_t 0.21 / AQ_t-1 0.23) |
| SGI: 1.07 (Revenue 12.0b / 11.2b) |
| TATA: -0.00 (NI 2.84b - CFO 3.01b) / TA 83.8b) |
| Beneish M = -3.18 (Cap -4..+1) = AA |
As of July 10, 2026, the stock is trading at USD 32.80 with a total of 1,177,149 shares traded. Over the past week, the price has changed by +3.76%, over one month by -9.17%, over three months by -20.37% and over the past year by +1.77%.
Current recommended Stop Loss: 30.20 (which is 7.9% or 1.3 ATR below the current price).
GDS Holdings has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy GDS.
- StrongBuy: 11
- Buy: 5
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 53.5 | 63% |
Market Cap CNY = 40.6b (5.98b USD * 6.7929 USD.CNY)
P/E Trailing = 17.645
P/E Forward = 53.7634
P/S = 0.4948
P/B = 1.4292
P/EG = 0.9934
Revenue TTM = 12.0b CNY
EBIT TTM = 3.53b CNY
EBITDA TTM = 6.96b CNY
Long Term Debt = 30.9b CNY (from longTermDebt, last quarter)
Short Term Debt = 9.44b CNY (from shortTermDebt, last quarter)
Debt = 55.8b CNY (from shortLongTermDebtTotal, last quarter) + Leases 8.80b
Net Debt = 41.0b CNY (calculated: Debt 55.8b - CCE 14.8b)
Enterprise Value = 81.6b CNY (40.6b + Debt 55.8b - CCE 14.8b)
Interest Coverage Ratio = 2.25 (Ebit TTM 3.53b / Interest Expense TTM 1.57b)
EV/FCF = -60.77x (Enterprise Value 81.6b / FCF TTM -1.34b)
FCF Yield = -1.65% (FCF TTM -1.34b / Enterprise Value 81.6b)
FCF Margin = -11.16% (FCF TTM -1.34b / Revenue TTM 12.0b)
Net Margin = 23.61% (Net Income TTM 2.84b / Revenue TTM 12.0b)
Gross Margin = 24.98% ((Revenue TTM 12.0b - Cost of Revenue TTM 9.03b) / Revenue TTM)
Gross Margin QoQ = 33.61% (prev 18.97%)
Tobins Q-Ratio = 0.97 (Enterprise Value 81.6b / Total Assets 83.8b)
Interest Expense / Debt = 2.81% (Interest Expense 1.57b / Debt 55.8b)
Taxrate = 11.71% (378.4m / 3.23b)
NOPAT = 3.12b (EBIT 3.53b * (1 - 11.71%))
Current Ratio = 1.87 (Total Current Assets 23.5b / Total Current Liabilities 12.6b)
Debt / Equity = 1.78 (Debt 55.8b / totalStockholderEquity, last quarter 31.4b)
Debt / EBITDA = 5.90 (Net Debt 41.0b / EBITDA 6.96b)
Debt / FCF = -30.55 (negative FCF - burning cash) (Net Debt 41.0b / FCF TTM -1.34b)
Total Stockholder Equity = 27.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.61% (Net Income 2.84b / Total Assets 83.8b)
RoE = 10.29% (Net Income TTM 2.84b / Total Stockholder Equity 27.6b)
RoCE = 6.04% (EBIT 3.53b / Capital Employed (Equity 27.6b + L.T.Debt 30.9b))
RoIC = 3.90% (NOPAT 3.12b / Invested Capital 80.1b)
WACC = 6.41% (E(40.6b)/V(96.4b) * Re(11.81%) + D(55.8b)/V(96.4b) * Rd(2.81%) * (1-Tc(0.12)))
Discount Rate = 11.81% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 64.41 | Cagr: 15.47%
[DCF] Fair Price = unknown (Cash Flow -1.34b)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.11 | # QB: 1
Revenue Correlation: 96.77 | Revenue CAGR: 7.72% | SUE: 0.31 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.34 | Chg30d=+0.89% | Revisions=+25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=-0.39 | Chg30d=+0.76% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=3.60 | Chg30d=-15.58% | Revisions=+25% | GrowthEPS=+19.3% | GrowthRev=+10.9%
EPS next Year (2027-12-31): EPS=0.04 | Chg30d=-96.91% | Revisions=-40% | GrowthEPS=-98.8% | GrowthRev=+10.7%
[Analyst] Revisions Ratio: +12% (up=3, down=2)