(CPNG) Coupang - Ratings and Ratios

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

Retail, Marketplace, Grocery, Delivery, Streaming

Broadline Retail
Market Cap in USD: 42,506m

IPO / Inception: 2021-03-11
12m vs SPY: -15.9%

EPS (Earnings per Share)

EPS CAGR: 135.93%
EPS Trend: 31.3%

Last SUE: -1.35
Qual. Beats: 0

Revenue

Rev. CAGR: 17.41%
Rev. Trend: 98.4%

Last SUE: 0.88
Qual. Beats: 2

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	47.5%
Value at Risk 5%th	57.3%
Relative Tail Risk	-26.60%

Reward TTM
Sharpe Ratio	0.16
Alpha	-19.74
CAGR/Max DD	0.28

Character TTM
Hurst Exponent	0.501
Beta	0.996
Beta Downside	1.020

Drawdowns 3y
Max DD	33.88%
Mean DD	9.67%
Median DD	8.76%

Description: CPNG Coupang December 03, 2025

Coupang, Inc. (NYSE: CPNG) operates a diversified e-commerce platform across South Korea and several international markets, delivering products through its Product Commerce segment (including Korean retail, marketplace, Rocket Fresh grocery, and advertising) and its Developing Offerings segment (Coupang Eats, Coupang Play, fintech services, and the Farfetch luxury marketplace). The company supports these operations from hubs in the United States, South Korea, Taiwan, Singapore, China, Japan, and India, and is incorporated in 2010 with headquarters in Seattle.

Key performance indicators that analysts watch include: (1) quarterly net sales growth, which has averaged ~30 % YoY over the past two years, driven by expanding active customers (now > 20 million) and higher average order value; (2) the “Rocket Delivery” logistics network, which underpins a sub-two-day delivery promise and contributes to a gross margin expansion trend from ~ 15 % to ~ 18 % in 2023; and (3) the contribution margin of the Developing Offerings segment, which rose to ~ 12 % as Coupang Eats and Play gain market share in a rapidly consolidating on-demand and streaming landscape. Macro-level drivers such as rising internet penetration in Southeast Asia and sustained consumer spending shifts toward online grocery and fast-delivery services remain central to Coupang’s growth outlook.

For a deeper quantitative assessment, you may want to explore ValueRay’s analyst dashboard for additional data points and scenario modeling.

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) 69.12

1. Piotroski 7.0pt

2. FCF Yield 3.16%

3. FCF Margin 3.77%

4. Debt/Equity 1.04

5. Debt/Ebitda -1.56

6. ROIC - WACC (= 0.35)%

7. RoE 8.71%

8. Rev. Trend 98.44%

9. EPS Trend 31.34%

What is the price of CPNG shares?

As of January 13, 2026, the stock is trading at USD 22.17 with a total of 17,239,497 shares traded.
Over the past week, the price has changed by -3.15%, over one month by -13.50%, over three months by -30.24% and over the past year by +1.70%.

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	34.5	55.8%
Analysts Target Price	34.5	55.8%
ValueRay Target Price	22.3	0.5%

CPNG Fundamental Data Overview January 09, 2026

P/E Trailing = 110.8095
P/E Forward = 48.5437
P/S = 1.2627
P/B = 8.9656
P/EG = 0.6135
Beta = 1.2
Revenue TTM = 33.66b USD
EBIT TTM = 964.0m USD
EBITDA TTM = 1.47b USD
Long Term Debt = 618.0m USD (from longTermDebt, last quarter)
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 = 40.23b USD (42.51b + Debt 4.95b - CCE 7.23b)
Interest Coverage Ratio = 8.76 (Ebit TTM 964.0m / Interest Expense TTM 110.0m)
EV/FCF = 31.66x (Enterprise Value 40.23b / FCF TTM 1.27b)
FCF Yield = 3.16% (FCF TTM 1.27b / Enterprise Value 40.23b)
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 = 2.15 (Enterprise Value 40.23b / 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 = 2.23% (Net Income 390.0m / Total Assets 18.67b)
RoE = 8.71% (Net Income TTM 390.0m / Total Stockholder Equity 4.48b)
RoCE = 18.93% (EBIT 964.0m / Capital Employed (Equity 4.48b + L.T.Debt 618.0m))
RoIC = 8.96% (NOPAT 555.0m / Invested Capital 6.20b)
WACC = 8.61% (E(42.51b)/V(47.46b) * Re(9.58%) + D(4.95b)/V(47.46b) * Rd(0.44%) * (1-Tc(0.42)))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.68%
[DCF Debug] Terminal Value 67.50% ; FCFF base≈1.13b ; Y1≈742.1m ; Y5≈338.6m
Fair Price DCF = 4.95 (EV 5.98b - Net Debt -2.28b = Equity 8.26b / Shares 1.67b; r=8.61% [WACC]; 5y FCF grow -40.0% → 2.90% )
[DCF Warning] FCF declining rapidly (-40.0%), DCF may be unreliable
EPS Correlation: 31.34 | EPS CAGR: 135.9% | SUE: -1.35 | # QB: 0
Revenue Correlation: 98.44 | Revenue CAGR: 17.41% | SUE: 0.88 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.09 | Chg30d=+0.000 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.51 | Chg30d=-0.070 | Revisions Net=-3 | Growth EPS=+189.8% | Growth Revenue=+15.8%

Additional Sources for CPNG Stock

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