Overview Dividends

(CPNG) Coupang - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US22266T1097

Retail, Marketplace, Grocery, Eats, Streaming, Fintech

CPNG EPS (Earnings per Share)

EPS Growth (3Y CAGR): -60.65%
EPS Trend (3Y Correlation): -71.9%

CPNG Revenue

Revenue Growth (3Y CAGR): 20.52%
Revenue Trend (3Y Correlation): 98.9%

Description: CPNG Coupang September 26, 2025

Coupang, Inc. (NYSE: CPNG) operates a diversified e-commerce ecosystem across South Korea and several international markets via mobile apps and websites. Its business is split into two segments: Product Commerce, which includes the core Korean retail marketplace, the Rocket Fresh fresh-grocery service, and advertising solutions; and Developing Offerings, which houses Coupang Eats (restaurant delivery), Coupang Play (streaming), fintech initiatives, and the Farfetch luxury-fashion marketplace. The company also runs operational and support functions in the United States, South Korea, Taiwan, Singapore, China, Japan, and India, and is incorporated in Seattle, Washington.

Key quantitative signals (as of FY 2023) include: revenue of roughly $19 billion, up ≈ 31 % YoY, driven largely by a 23 % increase in active customers and a 12 % rise in average order value; a logistics network of over 1,500 delivery stations that underpins the “Rocket Delivery” promise of sub-day fulfillment; and a narrowing net loss, with adjusted EBITDA turning positive in Q4 2023, reflecting improving unit economics as customer acquisition costs (CAC) fall below the lifetime value (LTV) threshold. Macro-level, the broader Asian e-commerce market is projected to grow at a 12-14 % CAGR through 2028, while rising consumer expectations for same-day delivery and integrated fintech services are accelerating the convergence of retail and financial ecosystems-trends that directly benefit Coupang’s multi-segment model.

If you want a deeper quantitative breakdown of Coupang’s valuation metrics, the analyst toolkit on ValueRay offers a convenient way to explore the numbers yourself.

CPNG Stock Overview

Market Cap in USD	57,427m
Sub-Industry	Broadline Retail
IPO / Inception	2021-03-11

CPNG Stock Ratings

Growth Rating	64.9%
Fundamental	52.0%
Dividend Rating	-
Return 12m vs S&P 500	2.43%
Analyst Rating	4.24 of 5

CPNG Dividends

Currently no dividends paid

CPNG Growth Ratios

Growth Correlation 3m	60.7%
Growth Correlation 12m	74.9%
Growth Correlation 5y	-0.1%
CAGR 5y	22.72%
CAGR/Max DD 3y (Calmar Ratio)	0.64
CAGR/Mean DD 3y (Pain Ratio)	1.97
Sharpe Ratio 12m	-0.36
Alpha	2.20
Beta	1.178
Volatility	32.00%
Current Volume	8710.2k
Average Volume 20d	5648.7k
Stop Loss	30.7 (-3.3%)
Signal	0.33

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (365.0m TTM) > 0 and > 6% of Revenue (6% = 1.94b TTM)

FCFTA 0.04 (>2.0%) and ΔFCFTA -5.50pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 2.50% (prev 3.50%; Δ -1.00pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.11 (>3.0%) and CFO 1.91b > Net Income 365.0m (YES >=105%, WARN >=100%)

Net Debt (-2.22b) to EBITDA (1.43b) ratio: -1.56 <= 3.0 (WARN <= 3.5)

Current Ratio 1.09 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.85b) change vs 12m ago 3.69% (target <= -2.0% for YES)

Gross Margin 29.87% (prev 26.92%; Δ 2.95pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 195.4% (prev 178.9%; Δ 16.50pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 7.62 (EBITDA TTM 1.43b / Interest Expense TTM 124.0m) >= 6 (WARN >= 3)

Altman Z'' -0.41

(A) 0.05 = (Total Current Assets 10.18b - Total Current Liabilities 9.37b) / Total Assets 17.83b

(B) -0.23 = Retained Earnings (Balance) -4.09b / Total Assets 17.83b

(D) -0.33 = Book Value of Equity -4.34b / Total Liabilities 13.15b

Total Rating: -0.41 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 52.03

1. Piotroski 5.50pt = 0.50

2. FCF Yield 1.41% = 0.70

3. FCF Margin 2.41% = 0.60

4. Debt/Equity 0.98 = 2.04

5. Debt/Ebitda -1.56 = 2.50

6. ROIC - WACC (= -7.07)% = -8.83

7. RoE 8.42% = 0.70

8. Rev. Trend 98.86% = 7.41

9. EPS Trend -71.92% = -3.60

What is the price of CPNG shares?

As of October 28, 2025, the stock is trading at USD 31.74 with a total of 8,710,185 shares traded.
Over the past week, the price has changed by +0.16%, over one month by -3.32%, over three months by +5.59% and over the past year by +22.31%.

Is Coupang a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Coupang is currently (October 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 52.03 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CPNG is around 29.13 USD . This means that CPNG is currently overvalued and has a potential downside of -8.22%.

Is CPNG a buy, sell or hold?

Coupang has received a consensus analysts rating of 4.24. Therefore, it is recommended to buy CPNG.

Strong Buy: 8
Buy: 6
Hold: 2
Sell: 1
Strong Sell: 0

What are the forecasts/targets for the CPNG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	34.6	9%
Analysts Target Price	34.6	9%
ValueRay Target Price	32.8	3.3%

CPNG Fundamental Data Overview October 18, 2025

Market Cap USD = 57.43b (57.43b USD * 1.0 USD.USD)
P/E Trailing = 157.5
P/E Forward = 77.5194
P/S = 1.78
P/B = 12.67
P/EG = 0.9846
Beta = 1.178
Revenue TTM = 32.26b USD
EBIT TTM = 945.0m USD
EBITDA TTM = 1.43b USD
Long Term Debt = 850.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.46b USD (from shortTermDebt, last quarter)
Debt = 4.58b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.22b USD (from netDebt column, last quarter)
Enterprise Value = 55.21b USD (57.43b + Debt 4.58b - CCE 6.80b)
Interest Coverage Ratio = 7.62 (Ebit TTM 945.0m / Interest Expense TTM 124.0m)
FCF Yield = 1.41% (FCF TTM 777.0m / Enterprise Value 55.21b)
FCF Margin = 2.41% (FCF TTM 777.0m / Revenue TTM 32.26b)
Net Margin = 1.13% (Net Income TTM 365.0m / Revenue TTM 32.26b)
Gross Margin = 29.87% ((Revenue TTM 32.26b - Cost of Revenue TTM 22.63b) / Revenue TTM)
Gross Margin QoQ = 30.04% (prev 29.29%)
Tobins Q-Ratio = 3.10 (Enterprise Value 55.21b / Total Assets 17.83b)
Interest Expense / Debt = 0.55% (Interest Expense 25.0m / Debt 4.58b)
Taxrate = 84.02% (163.0m / 194.0m)
NOPAT = 151.0m (EBIT 945.0m * (1 - 84.02%))
Current Ratio = 1.09 (Total Current Assets 10.18b / Total Current Liabilities 9.37b)
Debt / Equity = 0.98 (Debt 4.58b / totalStockholderEquity, last quarter 4.68b)
Debt / EBITDA = -1.56 (Net Debt -2.22b / EBITDA 1.43b)
Debt / FCF = -2.85 (Net Debt -2.22b / FCF TTM 777.0m)
Total Stockholder Equity = 4.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.05% (Net Income 365.0m / Total Assets 17.83b)
RoE = 8.42% (Net Income TTM 365.0m / Total Stockholder Equity 4.34b)
RoCE = 18.22% (EBIT 945.0m / Capital Employed (Equity 4.34b + L.T.Debt 850.0m))
RoIC = 2.53% (NOPAT 151.0m / Invested Capital 5.96b)
WACC = 9.60% (E(57.43b)/V(62.01b) * Re(10.36%) + D(4.58b)/V(62.01b) * Rd(0.55%) * (1-Tc(0.84)))
Discount Rate = 10.36% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.43%
[DCF Debug] Terminal Value 60.78% ; FCFE base≈1.07b ; Y1≈699.6m ; Y5≈319.9m
Fair Price DCF = 2.70 (DCF Value 4.50b / Shares Outstanding 1.67b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -71.92 | EPS CAGR: -60.65% | SUE: -1.34 | # QB: 0
Revenue Correlation: 98.86 | Revenue CAGR: 20.52% | SUE: 1.04 | # QB: 1

Additional Sources for CPNG Stock

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