CPNG Stock Analysis: Coupang | NYSE
Internet Retail | NYSE, USA | Market Cap: 33.316m USD | 12M Return: -38.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 416M
Qual. Beats: -2
Rev. Trend: 99.2%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 5.3 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Coupang (NYSE: CPNG) is a US-incorporated, large-cap broadline retailer that generates most of its revenue in South Korea through mobile applications and websites, with additional operations across Asia, Europe, and India. The company reports through two segments: Product Commerce, which combines 1P retail, the third-party marketplace, the Rocket Fresh grocery offering, and advertising; and Developing Offerings, which includes the Eats food delivery service, the Play streaming platform, fintech activities, and the Farfetch luxury fashion marketplace. Founded in 2010 and headquartered in Seattle, Coupang has traded on the NYSE since its March 2021 IPO.
As a broadline retailer classified within Consumer Discretionary, Coupang operates a hybrid model that blends owned-inventory retail with an open marketplace, an approach similar to Amazons in the US and increasingly common among global e-commerce leaders. Its competitive positioning in South Korea is anchored by an internally built logistics network (Rocket Delivery), which supports next-day fulfillment and is a key structural differentiator versus local marketplace peers.
- Farfetch luxury acquisition drags Developing Offerings margins
- Korean Product Commerce segment growth accelerates retail share gains
- Coupang Eats and fintech investments pressure consolidated profitability
| Net Income: -165.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA -4.62 > 1.0 |
| NWC/Revenue: -0.74% < 20% (prev 4.17%; Δ -4.91% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.62b > Net Income -165.0m |
| Net Debt (1.65b) to EBITDA (740.0m): 2.22 < 3 |
| Current Ratio: 0.97 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.82b) vs 12m ago -0.82% < -2% |
| Gross Margin: 28.81% > 18% (prev 29.68%; Δ -0.86% > 0.5%) |
| Asset Turnover: 210.5% > 50% (prev 194.3%; Δ 16.15% > 0%) |
| Interest Coverage Ratio: 2.66 > 6 (EBIT TTM 202.0m / Interest Expense TTM 76.0m) |
| A: -0.01 (Total Current Assets 9.36b - Total Current Liabilities 9.62b) / Total Assets 17.4b |
| B: -0.25 (Retained Earnings -4.29b / Total Assets 17.4b) |
| C: 0.01 (EBIT TTM 202.0m / Avg Total Assets 16.7b) |
| D: 0.29 (Book Value of Equity 3.93b / Total Liabilities 13.5b) |
| Altman-Z'' = -0.51 = B |
| DSRI: 0.64 (Receivables 351.0m/484.0m, Revenue 35.1b/31.1b) |
| GMI: 1.03 (GM 29.68% / 28.81%) |
| AQI: 0.61 (AQ_t 0.06 / AQ_t-1 0.09) |
| SGI: 1.13 (Revenue 35.1b / 31.1b) |
| TATA: -0.10 (NI -165.0m - CFO 1.62b) / TA 17.4b) |
| Beneish M = -3.44 (Cap -4..+1) = AA |
As of July 08, 2026, the stock is trading at USD 18.53 with a total of 14,170,945 shares traded. Over the past week, the price has changed by +5.40%, over one month by +22.07%, over three months by -3.44% and over the past year by -38.23%.
Current recommended Stop Loss: 17.50 (which is 5.6% or 1.2 ATR below the current price).
Coupang has received a consensus analysts rating of 4.24. Therefore, it is recommended to buy CPNG.
- StrongBuy: 8
- Buy: 6
- Hold: 2
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 26.1 | 40.6% |
P/E Forward = 35.3357
P/S = 0.9484
P/B = 8.281
P/EG = 0.4477
Revenue TTM = 35.1b USD
EBIT TTM = 202.0m USD
EBITDA TTM = 740.0m USD
Long Term Debt = 617.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.67b USD (from shortTermDebt, last quarter)
Debt = 7.95b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.11b
Net Debt = 1.65b USD (calculated: Debt 7.95b - CCE 6.30b)
Enterprise Value = 35.0b USD (33.3b + Debt 7.95b - CCE 6.30b)
Interest Coverage Ratio = 2.66 (Ebit TTM 202.0m / Interest Expense TTM 76.0m)
EV/FCF = 115.2x (Enterprise Value 35.0b / FCF TTM 303.5m)
FCF Yield = 0.87% (FCF TTM 303.5m / Enterprise Value 35.0b)
FCF Margin = 0.86% (FCF TTM 303.5m / Revenue TTM 35.1b)
Net Margin = -0.47% (Net Income TTM -165.0m / Revenue TTM 35.1b)
Gross Margin = 28.81% ((Revenue TTM 35.1b - Cost of Revenue TTM 25.0b) / Revenue TTM)
Gross Margin QoQ = 27.01% (prev 28.79%)
Tobins Q-Ratio = 2.01 (Enterprise Value 35.0b / Total Assets 17.4b)
Interest Expense / Debt = 0.96% (Interest Expense 76.0m / Debt 7.95b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 159.6m (EBIT 202.0m * (1 - 21.00%))
Current Ratio = 0.97 (Total Current Assets 9.36b / Total Current Liabilities 9.62b)
Debt / Equity = 2.02 (Debt 7.95b / totalStockholderEquity, last quarter 3.93b)
Debt / EBITDA = 2.22 (Net Debt 1.65b / EBITDA 740.0m)
Debt / FCF = 5.42 (Net Debt 1.65b / FCF TTM 303.5m)
Total Stockholder Equity = 4.49b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.99% (Net Income -165.0m / Total Assets 17.4b)
RoE = -3.67% (Net Income TTM -165.0m / Total Stockholder Equity 4.49b)
RoCE = 3.95% (EBIT 202.0m / Capital Employed (Equity 4.49b + L.T.Debt 617.0m))
RoIC = 2.07% (NOPAT 159.6m / Invested Capital 7.69b)
WACC = 7.79% (E(33.3b)/V(41.3b) * Re(9.47%) + D(7.95b)/V(41.3b) * Rd(0.96%) * (1-Tc(0.21)))
Discount Rate = 9.47% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 53.94 | Cagr: 0.54%
[DCF] Terminal Value 73.10% ; FCFF base≈588.9m ; Y1≈516.4m ; Y5≈417.3m
[DCF] Fair Price = 3.09 (EV 6.70b - Net Debt 1.65b = Equity 5.05b / Shares 1.64b; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: -2.38 | # QB: -2
Revenue Correlation: 99.16 | Revenue CAGR: 19.20% | SUE: -0.70 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.18 | Chg30d=-235.85% | Revisions=+0% | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.05 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS current Year (2026-12-31): EPS=-0.29 | Chg30d=-28.66% | Revisions=-25% | GrowthEPS=-344.6% | GrowthRev=+9.4%
EPS next Year (2027-12-31): EPS=0.27 | Chg30d=-15.37% | Revisions=-50% | GrowthEPS=+193.0% | GrowthRev=+13.9%
[Analyst] Revisions Ratio: -57% (up=0, down=4)