Overview Dividends

(BEKE) Ke Holdings - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US4824971042

Real Estate, Brokerage, Renovation, Rental, Escrow

Real Estate Development
Market Cap in USD: 19,858m

IPO / Inception: 2020-08-13
Return 12m vs S&P 500: -19.5%

EPS (Earnings per Share)

EPS CAGR: 143.17%
EPS Trend: 48.5%

Last SUE: -0.22
Qual. Beats: 0

Revenue

Rev. CAGR: 7.16%
Rev. Trend: 77.5%

Last SUE: 0.00
Qual. Beats: 0

Dividends

Dividend Yield	2.09%
Yield on Cost 5y	0.58%
Yield CAGR 5y	105.26%
Payout Consistency	100.0%
Payout Ratio	7.2%

Risk via 10d forecast
Volatility	40.8%
Value at Risk 5%th	61.0%
Relative Tail Risk	-9.19%

Reward TTM
Sharpe Ratio	0.01
Alpha	-20.81
CAGR/Max DD	0.08

Character TTM
Hurst Exponent	0.611
Beta	0.634
Beta Downside	0.467

Drawdowns 3y
Max DD	38.27%
Mean DD	21.96%
Median DD	23.63%

Description: BEKE Ke Holdings October 16, 2025

KE Holdings Inc. (NYSE: BEKE) runs an integrated online-offline ecosystem for Chinese housing transactions, covering five business lines: existing-home sales, new-home sales, renovation & furnishing, rentals, and emerging services. Its flagship platforms include Beike (digital marketplace), Lianjia (brick-and-mortar brokerage), and the Agent Cooperation Network that links independent agents, plus the Deyou brand for connected brokerage stores. The company also provides ancillary services such as escrow, secure payments, and property-management for rentals.

Recent data (Q3 2024) show BEKE’s revenue at ¥13.2 billion, down 12 % YoY, reflecting a broader slowdown in China’s residential market as mortgage-rate hikes and tighter credit constraints curb buyer activity. Transaction volume fell 9 % year-over-year, but the firm’s “Agent Cooperation Network” now supports over 1.1 million registered agents, helping it maintain a roughly 30 % market-share in online-offline brokerage services. A key sector driver remains government policy on housing affordability, where any easing of purchase restrictions could materially boost BEKE’s top line.

For a deeper, data-driven assessment of BEKE’s valuation and risk profile, you may find ValueRay’s analytical tools worth exploring.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (3.48b TTM) > 0 and > 6% of Revenue (6% = 6.21b TTM)

FCFTA 0.02 (>2.0%) and ΔFCFTA -2.20pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 24.93% (prev 32.14%; Δ -7.21pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.02 (>3.0%) and CFO 2.91b <= Net Income 3.48b (YES >=105%, WARN >=100%)

Net Debt (11.88b) to EBITDA (5.09b) ratio: 2.33 <= 3.0 (WARN <= 3.5)

Current Ratio 1.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.15b) change vs 12m ago -2.10% (target <= -2.0% for YES)

Gross Margin 21.86% (prev 25.34%; Δ -3.49pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 85.52% (prev 67.21%; Δ 18.30pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 143.7 (EBITDA TTM 5.09b / Interest Expense TTM 28.6m) >= 6 (WARN >= 3)

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 (Balance) 1.18b / Total Assets 119.30b

(D) 0.05 = Book Value of Equity 2.58b / Total Liabilities 51.36b

Total Rating: 1.73 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 57.77

1. Piotroski 5.50pt

2. FCF Yield 2.16%

3. FCF Margin 2.35%

4. Debt/Equity 0.31

5. Debt/Ebitda 2.33

6. ROIC - WACC (= -3.89)%

7. RoE 5.02%

8. Rev. Trend 77.48%

9. EPS Trend 48.49%

What is the price of BEKE shares?

As of November 28, 2025, the stock is trading at USD 17.21 with a total of 3,902,580 shares traded.
Over the past week, the price has changed by +1.12%, over one month by -4.34%, over three months by -3.26% and over the past year by -7.57%.

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	20.3	18.1%
Analysts Target Price	20.3	18.1%
ValueRay Target Price	17.8	3.5%

BEKE Fundamental Data Overview November 22, 2025

Market Cap CNY = 140.59b (19.86b USD * 7.0798 USD.CNY)
P/E Trailing = 40.5238
P/E Forward = 18.2815
P/S = 0.1918
P/B = 2.0537
P/EG = 1.0036
Beta = -0.636
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 = 112.70b CNY (140.59b + Debt 21.10b - CCE 48.99b)
Interest Coverage Ratio = 143.7 (Ebit TTM 4.10b / Interest Expense TTM 28.6m)
FCF Yield = 2.16% (FCF TTM 2.43b / Enterprise Value 112.70b)
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 = 0.94 (Enterprise Value 112.70b / 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 = 2.91% (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 69.75b)
WACC = 7.27% (E(140.59b)/V(161.69b) * Re(8.35%) + D(21.10b)/V(161.69b) * Rd(0.14%) * (1-Tc(0.42)))
Discount Rate = 8.35% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -1.50%
[DCF Debug] Terminal Value 75.03% ; FCFE base≈3.54b ; Y1≈3.10b ; Y5≈2.53b
Fair Price DCF = 38.85 (DCF Value 43.53b / Shares Outstanding 1.12b; 5y FCF grow -15.08% → 3.0% )
EPS Correlation: 48.49 | EPS CAGR: 143.2% | SUE: -0.22 | # QB: 0
Revenue Correlation: 77.48 | Revenue CAGR: 7.16% | SUE: 0.00 | # QB: 0

Additional Sources for BEKE Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle