CPNG Stock Analysis: Coupang | NYSE
Internet Retail | NYSE, USA | Market Cap: 30.648m USD | 12M Return: -44.2% | US22266T1097 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 207M
Qual. Beats: 0
Rev. Trend: 97.8%
Qual. Beats: 1
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.7 years of data, until 10/2026
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, ≥40 worth a closer look and ≥60 is strong.
Coupang, Inc. (NYSE: CPNG) is a large-cap Consumer Discretionary company in the Broadline Retail sub-industry, operating a mobile- and web-based retail business primarily in South Korea with international operations spanning the U.S., Taiwan, Singapore, China, Japan, Europe, the U.K., and India. Founded in 2010 and headquartered in Seattle, the company went public on the NYSE in March 2021. It reports through two segments: Product Commerce, which covers its core Korean retail and marketplace, the Rocket Fresh grocery offering, and advertising products; and Developing Offerings, which includes Eats restaurant delivery, Play content streaming, fintech, and the Farfetch luxury fashion marketplace.
The business reflects a broader e-commerce trend of building vertical ecosystems around a core retail platform, layering on logistics-intensive fresh grocery delivery, advertising, food delivery, streaming, and financial products to deepen customer engagement. South Korea is one of the most digitally connected retail markets globally, which underpins Coupangs mobile-first model and its investments in owned logistics infrastructure to support next-day and same-day fulfillment.
- Korean retail growth faces intensifying Naver and Kurly competition
- Developing Offerings segment losses widen on Farfetch integration drag
- Logistics capex weighs on free cash flow as infrastructure investment continues
| Net Income: -1.36b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA -9.06 > 1.0 |
| NWC/Revenue: -6.39% < 20% (prev 1.82%; Δ -8.21% < -1%) |
| CFO/TA 0.05 > 3% & CFO 845.0m > Net Income -1.36b |
| Net Debt/EBITDA: error (EBITDA <= 0) |
| Current Ratio: 0.80 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.79b) vs 12m ago -3.70% < -2% |
| Gross Margin: 27.37% > 18% (prev 29.97%; Δ -2.60% > 0.5%) |
| Asset Turnover: 195.6% > 50% (prev 180.3%; Δ 15.31% > 0%) |
| Interest Coverage Ratio: -15.84 > 6 (EBIT TTM -1.20b / Interest Expense TTM 76.0m) |
| A: -0.13 (Total Current Assets 9.03b - Total Current Liabilities 11.3b) / Total Assets 18.3b |
| B: -0.29 (Retained Earnings -5.36b / Total Assets 18.3b) |
| C: -0.07 (EBIT TTM -1.20b / Avg Total Assets 18.5b) |
| D: 0.18 (Book Value of Equity 2.84b / Total Liabilities 15.5b) |
| Altman-Z'' = -2.03 = D |
| DSRI: 0.85 (Receivables 357.0m/393.0m, Revenue 36.2b/33.7b) |
| GMI: 1.09 (GM 29.97% / 27.37%) |
| AQI: 1.28 (AQ_t 0.11 / AQ_t-1 0.09) |
| SGI: 1.07 (Revenue 36.2b / 33.7b) |
| TATA: -0.12 (NI -1.36b - CFO 845.0m) / TA 18.3b) |
| Beneish M = -2.86 (Cap -4..+1) = A |
As of November 12, 2026, the stock is trading at USD 15.99 with a total of 8,799,820 shares traded. Over the past week, the price has changed by -6.22%, over one month by +4.65%, over three months by -3.09% and over the past year by -44.19%.
Current recommended Stop Loss: 14.70 (which is 8.1% or 1.9 ATR below the current price).
Coupang has received a consensus analysts rating of 4.28. Therefore, it is recommended to buy CPNG.
- StrongBuy: 10
- Buy: 4
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 23.3 | 46% |
P/E Forward = 74.0741
P/S = 0.8642
P/B = 9.1651
P/EG = 1.2321
Revenue TTM = 36.2b USD
EBIT TTM = -1.20b USD
EBITDA TTM = -631.0m USD
Long Term Debt = 648.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.75b USD (from shortTermDebt, last quarter)
Debt = 8.09b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.03b
Net Debt = 2.64b USD (calculated: Debt 8.09b - CCE 5.44b)
Enterprise Value = 33.3b USD (30.6b + Debt 8.09b - CCE 5.44b)
Interest Coverage Ratio = -15.84 (Ebit TTM -1.20b / Interest Expense TTM 76.0m)
EV/FCF = -80.80x (Enterprise Value 33.3b / FCF TTM -412.0m)
FCF Yield = -1.24% (FCF TTM -412.0m / Enterprise Value 33.3b)
FCF Margin = -1.14% (FCF TTM -412.0m / Revenue TTM 36.2b)
Net Margin = -3.77% (Net Income TTM -1.36b / Revenue TTM 36.2b)
Gross Margin = 27.37% ((Revenue TTM 36.2b - Cost of Revenue TTM 26.3b) / Revenue TTM)
Gross Margin QoQ = 25.71% (prev 28.16%)
Tobins Q-Ratio = 1.82 (Enterprise Value 33.3b / Total Assets 18.3b)
Interest Expense / Debt = 0.94% (Interest Expense 76.0m / Debt 8.09b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = -951.2m (EBIT -1.20b * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 0.80 (Total Current Assets 9.03b / Total Current Liabilities 11.3b)
Debt / Equity = 2.85 (Debt 8.09b / totalStockholderEquity, last quarter 2.84b)
Debt / EBITDA = -4.19 (negative EBITDA) (Net Debt 2.64b / EBITDA -631.0m)
Debt / FCF = -6.42 (negative FCF - burning cash) (Net Debt 2.64b / FCF TTM -412.0m)
Total Stockholder Equity = 3.59b (last 4 quarters mean from totalStockholderEquity)
RoA = -7.38% (Net Income -1.36b / Total Assets 18.3b)
RoE = -37.92% (Net Income TTM -1.36b / Total Stockholder Equity 3.59b)
RoCE = -28.38% (EBIT -1.20b / Capital Employed (Equity 3.59b + L.T.Debt 648.0m))
RoIC = -13.78% (negative operating profit) (NOPAT -951.2m / Invested Capital 6.90b)
WACC = 7.67% (E(30.6b)/V(38.7b) * Re(9.50%) + D(8.09b)/V(38.7b) * Rd(0.94%) * (1-Tc(0.21)))
Discount Rate = 9.50% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -11.12 | Cagr: 0.15%
[DCF] Fair Price = unknown (Cash Flow -412.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.70 | # QB: 0
Revenue Correlation: 97.80 | Revenue CAGR: 15.47% | SUE: 1.39 | # QB: 1
EPS current Quarter (2027-03-31): EPS=0.02 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.45 | Chg30d=-1.06% | Revisions=+0% | GrowthEPS=-473.3% | GrowthRev=+7.4%
EPS next Year (2027-12-31): EPS=0.28 | Chg30d=+1.72% | Revisions=+25% | GrowthEPS=+161.9% | GrowthRev=+14.9%
[Analyst] Revisions Ratio: +25% (up=1, down=0)