(BEKE) Ke Holdings - Ratings and Ratios
Exchange: NYSE •
Country: China •
Currency: USD •
Type: Common Stock •
ISIN: US4824971042
Realty, Brokerage, Renovation, Rental, Platform
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.96% |
| Yield on Cost 5y | 0.54% |
| Yield CAGR 5y | 45.10% |
| Payout Consistency | 100.0% |
| Payout Ratio | 7.1% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 42.8% |
| Value at Risk 5%th | 63.6% |
| Relative Tail Risk | -9.71% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.39 |
| Alpha | -1.08 |
| CAGR/Max DD | 0.02 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.469 |
| Beta | 0.665 |
| Beta Downside | 0.360 |
| Drawdowns 3y | |
|---|---|
| Max DD | 38.27% |
| Mean DD | 23.15% |
| Median DD | 24.53% |
Description: BEKE Ke Holdings December 19, 2025
KE Holdings Inc. (NYSE: BEKE) runs an integrated online-offline ecosystem for Chinese housing transactions, organized into five segments: existing-home sales, new-home sales, renovation & furnishing, rental services, and emerging/other services. Its flagship brands include the Beike digital marketplace, the Lianjia brokerage network, the Agent Cooperation Network that links service providers, and the Deyou connected-store concept. The firm also supplies ancillary services such as escrow, secure payment, and property-management contracts.
As of FY 2023, KE reported RMB 140 billion in total transaction volume, a 12% YoY increase driven largely by a rebound in second-hand home sales after the 2023 “housing market stabilization” policy package. Revenue grew 8% to RMB 30 billion, with the Renovation & Furnishing segment contributing a 15% margin boost, reflecting strong consumer demand for home-improvement amid rising disposable income. However, the company’s growth is sensitive to macro-policy (e.g., mortgage rate adjustments) and the broader slowdown in China’s real-estate development sector, which has compressed new-home supply and pressured pricing.
For a deeper quantitative breakdown, the ValueRay platform offers a concise, data-driven view of BEKE’s valuation metrics and peer comparisons.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 3.48b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -2.20 > 1.0 |
| NWC/Revenue: 24.93% < 20% (prev 32.14%; Δ -7.21% < -1%) |
| CFO/TA 0.02 > 3% & CFO 2.91b > Net Income 3.48b |
| Net Debt (11.88b) to EBITDA (5.09b): 2.33 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.15b) vs 12m ago -2.10% < -2% |
| Gross Margin: 21.86% > 18% (prev 0.25%; Δ 2160 % > 0.5%) |
| Asset Turnover: 85.52% > 50% (prev 67.21%; Δ 18.30% > 0%) |
| Interest Coverage Ratio: 143.7 > 6 (EBITDA TTM 5.09b / Interest Expense TTM 28.6m) |
Altman Z'' 1.73
| A: 0.22 (Total Current Assets 68.43b - Total Current Liabilities 42.61b) / Total Assets 119.30b |
| B: 0.01 (Retained Earnings 1.18b / Total Assets 119.30b) |
| C: 0.03 (EBIT TTM 4.10b / Avg Total Assets 121.05b) |
| D: 0.05 (Book Value of Equity 2.58b / Total Liabilities 51.36b) |
| Altman-Z'' Score: 1.73 = BBB |
Beneish M -2.72
| DSRI: 0.99 (Receivables 12.69b/10.20b, Revenue 103.52b/82.54b) |
| GMI: 1.16 (GM 21.86% / 25.34%) |
| AQI: 0.96 (AQ_t 0.22 / AQ_t-1 0.23) |
| SGI: 1.25 (Revenue 103.52b / 82.54b) |
| TATA: 0.00 (NI 3.48b - CFO 2.91b) / TA 119.30b) |
| Beneish M-Score: -2.72 (Cap -4..+1) = A |
ValueRay F-Score (Strict, 0-100) 57.09
| 1. Piotroski: 6.50pt |
| 2. FCF Yield: 2.23% |
| 3. FCF Margin: 2.35% |
| 4. Debt/Equity: 0.31 |
| 5. Debt/Ebitda: 2.33 |
| 6. ROIC - WACC: -3.87% |
| 7. RoE: 5.02% |
| 8. Revenue Trend: 77.43% |
| 9. EPS Trend: 13.87% |
What is the price of BEKE shares?
As of January 26, 2026, the stock is trading at USD 18.22 with a total of 3,045,502 shares traded.
Over the past week, the price has changed by +3.46%, over one month by +12.33%, over three months by +1.28% and over the past year by +6.18%.
Over the past week, the price has changed by +3.46%, over one month by +12.33%, over three months by +1.28% and over the past year by +6.18%.
Is BEKE a buy, sell or hold?
Ke Holdings has received a consensus analysts rating of 4.61.
Therefore, it is recommended to buy BEKE.
- Strong Buy: 15
- Buy: 7
- Hold: 1
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the BEKE price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 20.7 | 13.6% |
| Analysts Target Price | 20.7 | 13.6% |
| ValueRay Target Price | 18.6 | 2% |
BEKE Fundamental Data Overview January 20, 2026
Market Cap CNY = 137.09b (19.69b USD * 6.9633 USD.CNY)
P/E Trailing = 40.5349
P/E Forward = 18.6567
P/S = 0.1902
P/B = 2.009
P/EG = 1.0252
Revenue TTM = 103.52b CNY
EBIT TTM = 4.10b CNY
EBITDA TTM = 5.09b CNY
Long Term Debt = 137.9m CNY (from longTermDebt, last quarter)
Short Term Debt = 12.68b CNY (from shortTermDebt, last quarter)
Debt = 21.10b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.88b CNY (from netDebt column, last quarter)
Enterprise Value = 109.20b CNY (137.09b + Debt 21.10b - CCE 48.99b)
Interest Coverage Ratio = 143.7 (Ebit TTM 4.10b / Interest Expense TTM 28.6m)
EV/FCF = 44.90x (Enterprise Value 109.20b / FCF TTM 2.43b)
FCF Yield = 2.23% (FCF TTM 2.43b / Enterprise Value 109.20b)
FCF Margin = 2.35% (FCF TTM 2.43b / Revenue TTM 103.52b)
Net Margin = 3.36% (Net Income TTM 3.48b / Revenue TTM 103.52b)
Gross Margin = 21.86% ((Revenue TTM 103.52b - Cost of Revenue TTM 80.89b) / Revenue TTM)
Gross Margin QoQ = 21.41% (prev 21.91%)
Tobins Q-Ratio = 0.92 (Enterprise Value 109.20b / Total Assets 119.30b)
Interest Expense / Debt = 0.14% (Interest Expense 28.6m / Debt 21.10b)
Taxrate = 42.43% (550.3m / 1.30b)
NOPAT = 2.36b (EBIT 4.10b * (1 - 42.43%))
Current Ratio = 1.61 (Total Current Assets 68.43b / Total Current Liabilities 42.61b)
Debt / Equity = 0.31 (Debt 21.10b / totalStockholderEquity, last quarter 67.84b)
Debt / EBITDA = 2.33 (Net Debt 11.88b / EBITDA 5.09b)
Debt / FCF = 4.88 (Net Debt 11.88b / FCF TTM 2.43b)
Total Stockholder Equity = 69.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.87% (Net Income 3.48b / Total Assets 119.30b)
RoE = 5.02% (Net Income TTM 3.48b / Total Stockholder Equity 69.18b)
RoCE = 5.92% (EBIT 4.10b / Capital Employed (Equity 69.18b + L.T.Debt 137.9m))
RoIC = 3.39% (NOPAT 2.36b / Invested Capital 69.56b)
WACC = 7.26% (E(137.09b)/V(158.18b) * Re(8.37%) + D(21.10b)/V(158.18b) * Rd(0.14%) * (1-Tc(0.42)))
Discount Rate = 8.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.50%
[DCF Debug] Terminal Value 78.99% ; FCFF base≈3.54b ; Y1≈3.10b ; Y5≈2.53b
Fair Price DCF = 38.33 (EV 53.12b - Net Debt 11.88b = Equity 41.25b / Shares 1.08b; r=7.26% [WACC]; 5y FCF grow -15.08% → 2.90% )
EPS Correlation: 13.87 | EPS CAGR: -0.80% | SUE: -2.37 | # QB: 0
Revenue Correlation: 77.43 | Revenue CAGR: 7.16% | SUE: 0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.96 | Chg30d=-0.014 | Revisions Net=-2 | Analysts=3
EPS next Year (2026-12-31): EPS=6.30 | Chg30d=-0.017 | Revisions Net=-12 | Growth EPS=+27.2% | Growth Revenue=+4.2%
P/E Trailing = 40.5349
P/E Forward = 18.6567
P/S = 0.1902
P/B = 2.009
P/EG = 1.0252
Revenue TTM = 103.52b CNY
EBIT TTM = 4.10b CNY
EBITDA TTM = 5.09b CNY
Long Term Debt = 137.9m CNY (from longTermDebt, last quarter)
Short Term Debt = 12.68b CNY (from shortTermDebt, last quarter)
Debt = 21.10b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 11.88b CNY (from netDebt column, last quarter)
Enterprise Value = 109.20b CNY (137.09b + Debt 21.10b - CCE 48.99b)
Interest Coverage Ratio = 143.7 (Ebit TTM 4.10b / Interest Expense TTM 28.6m)
EV/FCF = 44.90x (Enterprise Value 109.20b / FCF TTM 2.43b)
FCF Yield = 2.23% (FCF TTM 2.43b / Enterprise Value 109.20b)
FCF Margin = 2.35% (FCF TTM 2.43b / Revenue TTM 103.52b)
Net Margin = 3.36% (Net Income TTM 3.48b / Revenue TTM 103.52b)
Gross Margin = 21.86% ((Revenue TTM 103.52b - Cost of Revenue TTM 80.89b) / Revenue TTM)
Gross Margin QoQ = 21.41% (prev 21.91%)
Tobins Q-Ratio = 0.92 (Enterprise Value 109.20b / Total Assets 119.30b)
Interest Expense / Debt = 0.14% (Interest Expense 28.6m / Debt 21.10b)
Taxrate = 42.43% (550.3m / 1.30b)
NOPAT = 2.36b (EBIT 4.10b * (1 - 42.43%))
Current Ratio = 1.61 (Total Current Assets 68.43b / Total Current Liabilities 42.61b)
Debt / Equity = 0.31 (Debt 21.10b / totalStockholderEquity, last quarter 67.84b)
Debt / EBITDA = 2.33 (Net Debt 11.88b / EBITDA 5.09b)
Debt / FCF = 4.88 (Net Debt 11.88b / FCF TTM 2.43b)
Total Stockholder Equity = 69.18b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.87% (Net Income 3.48b / Total Assets 119.30b)
RoE = 5.02% (Net Income TTM 3.48b / Total Stockholder Equity 69.18b)
RoCE = 5.92% (EBIT 4.10b / Capital Employed (Equity 69.18b + L.T.Debt 137.9m))
RoIC = 3.39% (NOPAT 2.36b / Invested Capital 69.56b)
WACC = 7.26% (E(137.09b)/V(158.18b) * Re(8.37%) + D(21.10b)/V(158.18b) * Rd(0.14%) * (1-Tc(0.42)))
Discount Rate = 8.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.50%
[DCF Debug] Terminal Value 78.99% ; FCFF base≈3.54b ; Y1≈3.10b ; Y5≈2.53b
Fair Price DCF = 38.33 (EV 53.12b - Net Debt 11.88b = Equity 41.25b / Shares 1.08b; r=7.26% [WACC]; 5y FCF grow -15.08% → 2.90% )
EPS Correlation: 13.87 | EPS CAGR: -0.80% | SUE: -2.37 | # QB: 0
Revenue Correlation: 77.43 | Revenue CAGR: 7.16% | SUE: 0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.96 | Chg30d=-0.014 | Revisions Net=-2 | Analysts=3
EPS next Year (2026-12-31): EPS=6.30 | Chg30d=-0.017 | Revisions Net=-12 | Growth EPS=+27.2% | Growth Revenue=+4.2%
Additional Sources for BEKE Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle