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

EPS (Earnings per Share)

EPS Growth (3y CAGR): -6.41%
EPS Trend (3y Corr): -54.6%

Last SUE: 0.27σ
Qual. Beats: 0

Revenue

Revenue Growth (3y CAGR): 22.30%
Revenue Trend (3y Corr): 98.9%

Last SUE: 0.88σ
Qual. Beats: 2

Risk via 10d forecast
Volatility	48.3%
Value at Risk 5%th	57.6%
Relative Tail Risk	-27.53%

Reward TTM
Sharpe Ratio	0.32
Alpha	-5.23

Character TTM
Hurst Exponent	0.608
Beta	0.975
Beta Downside	1.116

Drawdowns 3y
Max DD	35.09%
Mean DD	11.53%
Median DD	11.12%

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	52,754m
Sub-Industry	Broadline Retail
IPO / Inception	2021-03-11
Return 12m vs S&P 500	-0.35%
Analyst Rating	4.24 of 5

CPNG Dividends

Currently no dividends paid

CPNG Growth Ratios

Metric	Value
CAGR 3y	12.74%
CAGR/Max DD Calmar Ratio	0.36
CAGR/Mean DD Pain Ratio	1.10
Current Volume	9403.7k
Average Volume	8115k

Piotroski VR‑10 (Strict, 0-10) 7.0

Net Income (390.0m TTM) > 0 and > 6% of Revenue (6% = 2.02b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA 1.17pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 1.82% (prev 3.56%; Δ -1.74pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.13 (>3.0%) and CFO 2.38b > Net Income 390.0m (YES >=105%, WARN >=100%)

Net Debt (-2.28b) to EBITDA (1.47b) ratio: -1.56 <= 3.0 (WARN <= 3.5)

Current Ratio 1.06 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (1.86b) change vs 12m ago 1.91% (target <= -2.0% for YES)

Gross Margin 29.97% (prev 27.79%; Δ 2.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 192.3% (prev 176.6%; Δ 15.69pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 8.76 (EBITDA TTM 1.47b / Interest Expense TTM 110.0m) >= 6 (WARN >= 3)

Altman Z'' -0.44

(A) 0.03 = (Total Current Assets 10.81b - Total Current Liabilities 10.19b) / Total Assets 18.67b

(B) -0.21 = Retained Earnings (Balance) -4.00b / Total Assets 18.67b

(D) -0.31 = Book Value of Equity -4.32b / Total Liabilities 13.93b

Total Rating: -0.44 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 64.61

1. Piotroski 7.0pt = 2.0

2. FCF Yield 2.52% = 1.26

3. FCF Margin 3.77% = 0.94

4. Debt/Equity 1.04 = 1.98

5. Debt/Ebitda -1.56 = 2.50

6. ROIC - WACC (= 0.41)% = 0.52

7. RoE 8.71% = 0.73

8. Rev. Trend 98.85% = 7.41

9. EPS Trend -54.55% = -2.73

What is the price of CPNG shares?

As of November 18, 2025, the stock is trading at USD 27.81 with a total of 9,403,709 shares traded.
Over the past week, the price has changed by -3.84%, over one month by -10.89%, over three months by -4.04% and over the past year by +14.16%.

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	35.8	28.6%
Analysts Target Price	35.8	28.6%
ValueRay Target Price	28.5	2.5%

CPNG Fundamental Data Overview November 11, 2025

Market Cap USD = 52.75b (52.75b USD * 1.0 USD.USD)
P/E Trailing = 137.5238
P/E Forward = 77.5194
P/S = 1.5671
P/B = 12.67
P/EG = 0.9846
Beta = 1.175
Revenue TTM = 33.66b USD
EBIT TTM = 964.0m USD
EBITDA TTM = 1.47b USD
Long Term Debt = 988.0m USD (from longTermDebt, last fiscal year)
Short Term Debt = 1.89b USD (from shortTermDebt, last quarter)
Debt = 4.95b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.28b USD (from netDebt column, last quarter)
Enterprise Value = 50.47b USD (52.75b + Debt 4.95b - CCE 7.23b)
Interest Coverage Ratio = 8.76 (Ebit TTM 964.0m / Interest Expense TTM 110.0m)
FCF Yield = 2.52% (FCF TTM 1.27b / Enterprise Value 50.47b)
FCF Margin = 3.77% (FCF TTM 1.27b / Revenue TTM 33.66b)
Net Margin = 1.16% (Net Income TTM 390.0m / Revenue TTM 33.66b)
Gross Margin = 29.97% ((Revenue TTM 33.66b - Cost of Revenue TTM 23.58b) / Revenue TTM)
Gross Margin QoQ = 29.35% (prev 30.04%)
Tobins Q-Ratio = 2.70 (Enterprise Value 50.47b / Total Assets 18.67b)
Interest Expense / Debt = 0.44% (Interest Expense 22.0m / Debt 4.95b)
Taxrate = 42.42% (70.0m / 165.0m)
NOPAT = 555.0m (EBIT 964.0m * (1 - 42.42%))
Current Ratio = 1.06 (Total Current Assets 10.81b / Total Current Liabilities 10.19b)
Debt / Equity = 1.04 (Debt 4.95b / totalStockholderEquity, last quarter 4.74b)
Debt / EBITDA = -1.56 (Net Debt -2.28b / EBITDA 1.47b)
Debt / FCF = -1.79 (Net Debt -2.28b / FCF TTM 1.27b)
Total Stockholder Equity = 4.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.09% (Net Income 390.0m / Total Assets 18.67b)
RoE = 8.71% (Net Income TTM 390.0m / Total Stockholder Equity 4.48b)
RoCE = 17.65% (EBIT 964.0m / Capital Employed (Equity 4.48b + L.T.Debt 988.0m))
RoIC = 9.22% (NOPAT 555.0m / Invested Capital 6.02b)
WACC = 8.81% (E(52.75b)/V(57.70b) * Re(9.61%) + D(4.95b)/V(57.70b) * Rd(0.44%) * (1-Tc(0.42)))
Discount Rate = 9.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.68%
[DCF Debug] Terminal Value 63.72% ; FCFE base≈1.13b ; Y1≈742.3m ; Y5≈339.4m
Fair Price DCF = 3.14 (DCF Value 5.25b / Shares Outstanding 1.67b; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -54.55 | EPS CAGR: -6.41% | SUE: 0.27 | # QB: 0
Revenue Correlation: 98.85 | Revenue CAGR: 22.30% | SUE: 0.88 | # QB: 2

Additional Sources for CPNG Stock

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