(PDD) PDD Holdings - Overview
Sector: Consumer Cyclical | Industry: Internet Retail | Exchange: NASDAQ (USA) | Market Cap: 143.200m USD | Total Return: 13.4% in 12m
Online Retail, E-commerce, Apparel, Electronics, Home Goods
Total Rating 33
Safety 84
Buy Signal -0.56
Internet Retail
Industry Rotation: +0.7
Industry Rotation: +0.7
Market Cap:
143B
Avg Turnover: 782M USD
Avg Turnover: 782M USD
ATR:
3.47%
Peers RS (IBD): 41.7
Peers RS (IBD): 41.7
Risk 5d forecast
Volatility50.7%
Rel. Tail Risk-22.4%
Reward TTM
Sharpe Ratio0.23
Alpha-37.54
Character TTM
Beta1.167
Beta Downside1.146
Drawdowns 3y
Max DD43.93%
CAGR/Max DD0.32
EPS (Earnings per Share)
EPS CAGR: -38.56%
EPS Trend: -5.4%
EPS Trend: -5.4%
Last SUE: -2.31
Qual. Beats: 0
Qual. Beats: 0
Revenue
Rev. CAGR: 54.70%
Rev. Trend: 94.0%
Rev. Trend: 94.0%
Last SUE: -0.16
Qual. Beats: 0
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: PDD PDD Holdings
PDD Holdings Inc. (PDD) is a multinational commerce group. It operates two primary platforms: Pinduoduo and Temu. Pinduoduo is an e-commerce platform offering a wide range of products, including agricultural produce and consumer electronics. Temu is an online platform designed to streamline manufacturing and commercial operations for merchants, a business model common in direct-to-consumer retail.
The company, incorporated in 2015, changed its name from Pinduoduo Inc. to PDD Holdings Inc. in February 2023. PDD Holdings Inc. is based in Dublin, Ireland, a location often chosen by international companies for tax efficiency and access to the European market.
For more detailed financial analysis, ValueRay offers in-depth reports.
- Temus global expansion drives revenue growth
- Pinduoduos domestic e-commerce competition intensifies
- Agricultural product sales remain a core revenue component
- Chinese regulatory scrutiny impacts platform operations
Piotroski VR‑10 (Strict)
5.0
| Net Income: 99.03b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -4.64 > 1.0 |
| NWC/Revenue: 71.36% < 20% (prev 57.70%; Δ 13.67% < -1%) |
| CFO/TA 0.18 > 3% & CFO 112.37b > Net Income 99.03b |
| Net Debt (-491.07b) to EBITDA (104.34b): -4.71 < 3 |
| Current Ratio: 2.45 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.49b) vs 12m ago 0.36% < -2% |
| Gross Margin: 56.28% > 18% (prev 0.61%; Δ 5.57k% > 0.5%) |
| Asset Turnover: 75.76% > 50% (prev 77.98%; Δ -2.22% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM) |
Altman Z''
6.69
| A: 0.49 (Total Current Assets 519.31b - Total Current Liabilities 212.35b) / Total Assets 630.45b |
| B: 0.45 (Retained Earnings 285.87b / Total Assets 630.45b) |
| C: 0.09 (EBIT TTM 51.62b / Avg Total Assets 567.74b) |
| D: 1.34 (Book Value of Equity 289.32b / Total Liabilities 215.27b) |
| Altman-Z'' Score: 6.69 = AAA |
Beneish M
-2.70
| DSRI: 1.25 (Receivables 15.32b/11.25b, Revenue 430.14b/393.84b) |
| GMI: 1.08 (GM 56.28% / 60.92%) |
| AQI: 1.01 (AQ_t 0.17 / AQ_t-1 0.17) |
| SGI: 1.09 (Revenue 430.14b / 393.84b) |
| TATA: -0.02 (NI 99.03b - CFO 112.37b) / TA 630.45b) |
| Beneish M-Score: -2.70 (Cap -4..+1) = A |
What is the price of PDD shares?
As of April 11, 2026, the stock is trading at USD 100.17 with a total of 4,918,267 shares traded.
Over the past week, the price has changed by -0.73%, over one month by -4.47%, over three months by -15.63% and over the past year by +13.38%.
Over the past week, the price has changed by -0.73%, over one month by -4.47%, over three months by -15.63% and over the past year by +13.38%.
Is PDD a buy, sell or hold?
PDD Holdings has received a consensus analysts rating of 4.20.
Therefore, it is recommended to buy PDD.
- StrongBuy: 23
- Buy: 5
- Hold: 12
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the PDD price?
| Analysts Target Price | 142.4 | 42.2% |
PDD Holdings (PDD) - Fundamental Data Overview
as of 06 April 2026
P/E Trailing = 10.3776 P/E Forward = 8.3126
P/S = 0.3316
P/B = 2.3798
P/EG = 0.7289
Revenue TTM = 430.14b USD
EBIT TTM = 51.62b USD
EBITDA TTM = 104.34b USD
Long Term Debt = 2.88b USD (estimated: total debt 5.38b - short term 2.50b)
Short Term Debt = 2.50b USD (from shortTermDebt, last quarter)
Debt = 5.38b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -491.07b USD (recalculated: Debt 5.38b - CCE 496.46b)
Enterprise Value = 143.20b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = unknown (Ebit TTM 51.62b / Interest Expense TTM 0.0)
EV/FCF = 1.27x (Enterprise Value 143.20b / FCF TTM 112.37b)
FCF Yield = 78.47% (FCF TTM 112.37b / Enterprise Value 143.20b)
FCF Margin = 26.12% (FCF TTM 112.37b / Revenue TTM 430.14b)
Net Margin = 23.02% (Net Income TTM 99.03b / Revenue TTM 430.14b)
Gross Margin = 56.28% ((Revenue TTM 430.14b - Cost of Revenue TTM 188.04b) / Revenue TTM)
Gross Margin QoQ = 55.49% (prev 56.74%)
Tobins Q-Ratio = 0.23 (Enterprise Value 143.20b / Total Assets 630.45b)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 5.38b)
Taxrate = 25.60% (8.33b / 32.53b)
NOPAT = 38.40b (EBIT 51.62b * (1 - 25.60%))
Current Ratio = 2.45 (Total Current Assets 519.31b / Total Current Liabilities 212.35b)
Debt / Equity = 0.01 (Debt 5.38b / totalStockholderEquity, last quarter 415.17b)
Debt / EBITDA = -4.71 (Net Debt -491.07b / EBITDA 104.34b)
Debt / FCF = -4.37 (Net Debt -491.07b / FCF TTM 112.37b)
Total Stockholder Equity = 374.53b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.44% (Net Income 99.03b / Total Assets 630.45b)
RoE = 26.44% (Net Income TTM 99.03b / Total Stockholder Equity 374.53b)
RoCE = 13.68% (EBIT 51.62b / Capital Employed (Equity 374.53b + L.T.Debt 2.88b))
RoIC = 10.49% (NOPAT 38.40b / Invested Capital 366.27b)
WACC = 9.72% (E(143.20b)/V(148.58b) * Re(10.09%) + D(5.38b)/V(148.58b) * Rd(0.0%) * (1-Tc(0.26)))
Discount Rate = 10.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.18%
[DCF] Terminal Value 76.17% ; FCFF base≈112.80b ; Y1≈139.15b ; Y5≈237.42b
[DCF] Fair Price = 2.46k (EV 3001.71b - Net Debt -491.07b = Equity 3492.78b / Shares 1.42b; r=9.72% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: -5.43 | EPS CAGR: -38.56% | SUE: -2.31 | # QB: 0
Revenue Correlation: 93.97 | Revenue CAGR: 54.70% | SUE: -0.16 | # QB: 0
EPS next Quarter (2026-06-30): EPS=20.84 | Chg7d=-1.645 | Chg30d=-1.645 | Revisions Net=-4 | Analysts=9
EPS current Year (2026-12-31): EPS=82.96 | Chg7d=+1.084 | Chg30d=-2.865 | Revisions Net=-14 | Growth EPS=+14.6% | Growth Revenue=+14.6%
EPS next Year (2027-12-31): EPS=97.68 | Chg7d=-2.855 | Chg30d=-3.820 | Revisions Net=-9 | Growth EPS=+17.7% | Growth Revenue=+12.8%
[Analyst] Revisions Ratio: -1.00 (0 Up / 4 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 0.5% (Discount Rate 10.1% - Earnings Yield 9.6%)
[Growth] Growth Spread = +14.4% (Analyst 14.9% - Implied 0.5%)
External Resources