Overview Dividends

(VIPS) Vipshop Holdings - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US92763W1036

Clothing, Accessories, Cosmetics, Home Goods, Baby Products

Broadline Retail
Market Cap in USD: 8,721m

IPO / Inception: 2012-03-23
Return 12m vs S&P 500: 20.2%

EPS (Earnings per Share)

EPS CAGR: -40.09%
EPS Trend: -15.2%

Last SUE: -4.00
Qual. Beats: 0

Revenue

Rev. CAGR: -11.74%
Rev. Trend: -23.7%

Last SUE: 0.01
Qual. Beats: 0

Dividends

Dividend Yield	2.69%
Yield on Cost 5y	1.76%
Yield CAGR 5y	11.63%
Payout Consistency	100.0%
Payout Ratio	2.8%

Risk via 5d forecast
Volatility	44.0%
Value at Risk 5%th	61.5%
Relative Tail Risk	-14.99%

Reward TTM
Sharpe Ratio	1.01
Alpha	23.09
CAGR/Max DD	0.22

Character TTM
Hurst Exponent	0.452
Beta	0.711
Beta Downside	0.490

Drawdowns 3y
Max DD	39.32%
Mean DD	15.52%
Median DD	14.76%

Description: VIPS Vipshop Holdings January 06, 2026

Vipshop Holdings Limited (NYSE:VIPS) runs a suite of online retail platforms in mainland China, primarily vip.com and vipshop.com, complemented by a limited network of physical stores. Its product catalogue spans fashion (women’s, men’s, sportswear, shoes, bags, accessories), children’s goods, beauty and personal care, home essentials, and supermarket items. Beyond merchandising, the firm offers internet-finance services such as consumer and supplier credit, and it controls end-to-end logistics, procurement, warehousing, and technology development to support its flash-sale model.

Recent data (FY 2023) shows VIPS generated approximately RMB 110 billion in gross merchandise volume (GMV), with a 12% YoY increase driven by a 9% rise in active users (≈ 86 million) and a modest uplift in average order value. The company benefits from China’s “new-retail” trend-integrating online discounts with rapid delivery-while macro-level consumer confidence remains sensitive to GDP growth and disposable-income growth rates, which have been stabilizing after pandemic-related volatility.

For a deeper, data-driven assessment of VIPS’s valuation metrics and scenario analysis, you may find ValueRay’s platform worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (7.10b TTM) > 0 and > 6% of Revenue (6% = 6.40b TTM)

FCFTA 0.07 (>2.0%) and ΔFCFTA -6.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 8.64% (prev 5.42%; Δ 3.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 9.13b > Net Income 7.10b (YES >=105%, WARN >=100%)

Net Debt (-16.05b) to EBITDA (9.16b) ratio: -1.75 <= 3.0 (WARN <= 3.5)

Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (504.6m) change vs 12m ago -8.87% (target <= -2.0% for YES)

Gross Margin 23.13% (prev 23.71%; Δ -0.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 144.3% (prev 148.0%; Δ -3.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 90.59 (EBITDA TTM 9.16b / Interest Expense TTM 77.7m) >= 6 (WARN >= 3)

Altman Z'' 4.48

(A) 0.12 = (Total Current Assets 40.27b - Total Current Liabilities 31.05b) / Total Assets 78.33b

(B) 0.55 = Retained Earnings (Balance) 42.91b / Total Assets 78.33b

(D) 1.22 = Book Value of Equity 42.10b / Total Liabilities 34.54b

Total Rating: 4.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 66.75

1. Piotroski 5.50pt

2. FCF Yield 14.28%

3. FCF Margin 5.22%

4. Debt/Equity 0.21

5. Debt/Ebitda -1.75

6. ROIC - WACC (= 4.82)%

7. RoE 17.74%

8. Rev. Trend -23.70%

9. EPS Trend -15.19%

What is the price of VIPS shares?

As of January 07, 2026, the stock is trading at USD 17.86 with a total of 2,759,706 shares traded.
Over the past week, the price has changed by -7.75%, over one month by -11.23%, over three months by -12.45% and over the past year by +40.43%.

Is VIPS a buy, sell or hold?

Vipshop Holdings has received a consensus analysts rating of 3.71. Therefor, it is recommend to hold VIPS.

Strong Buy: 7
Buy: 3
Hold: 14
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the VIPS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	20.2	12.9%
Analysts Target Price	20.2	12.9%
ValueRay Target Price	19.8	11.1%

VIPS Fundamental Data Overview January 02, 2026

Market Cap CNY = 60.95b (8.72b USD * 6.9887 USD.CNY)
P/E Trailing = 9.3105
P/E Forward = 6.9686
P/S = 0.0818
P/B = 1.5452
P/EG = 0.8604
Beta = 0.723
Revenue TTM = 106.67b CNY
EBIT TTM = 7.04b CNY
EBITDA TTM = 9.16b CNY
Long Term Debt = 645.1m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.93b CNY (from shortTermDebt, last quarter)
Debt = 8.51b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -16.05b CNY (from netDebt column, last quarter)
Enterprise Value = 38.98b CNY (60.95b + Debt 8.51b - CCE 30.49b)
Interest Coverage Ratio = 90.59 (Ebit TTM 7.04b / Interest Expense TTM 77.7m)
FCF Yield = 14.28% (FCF TTM 5.57b / Enterprise Value 38.98b)
FCF Margin = 5.22% (FCF TTM 5.57b / Revenue TTM 106.67b)
Net Margin = 6.66% (Net Income TTM 7.10b / Revenue TTM 106.67b)
Gross Margin = 23.13% ((Revenue TTM 106.67b - Cost of Revenue TTM 82.00b) / Revenue TTM)
Gross Margin QoQ = 22.97% (prev 23.46%)
Tobins Q-Ratio = 0.50 (Enterprise Value 38.98b / Total Assets 78.33b)
Interest Expense / Debt = 0.31% (Interest Expense 26.4m / Debt 8.51b)
Taxrate = 19.81% (301.1m / 1.52b)
NOPAT = 5.65b (EBIT 7.04b * (1 - 19.81%))
Current Ratio = 1.30 (Total Current Assets 40.27b / Total Current Liabilities 31.05b)
Debt / Equity = 0.21 (Debt 8.51b / totalStockholderEquity, last quarter 40.41b)
Debt / EBITDA = -1.75 (Net Debt -16.05b / EBITDA 9.16b)
Debt / FCF = -2.88 (Net Debt -16.05b / FCF TTM 5.57b)
Total Stockholder Equity = 40.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.06% (Net Income 7.10b / Total Assets 78.33b)
RoE = 17.74% (Net Income TTM 7.10b / Total Stockholder Equity 40.02b)
RoCE = 17.31% (EBIT 7.04b / Capital Employed (Equity 40.02b + L.T.Debt 645.1m))
RoIC = 12.43% (NOPAT 5.65b / Invested Capital 45.42b)
WACC = 7.61% (E(60.95b)/V(69.46b) * Re(8.64%) + D(8.51b)/V(69.46b) * Rd(0.31%) * (1-Tc(0.20)))
Discount Rate = 8.64% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.61%
[DCF Debug] Terminal Value 68.01% ; FCFE base≈7.01b ; Y1≈4.64b ; Y5≈2.16b
Fair Price DCF = 92.30 (DCF Value 38.32b / Shares Outstanding 415.2m; 5y FCF grow -39.39% → 3.0% )
EPS Correlation: -15.19 | EPS CAGR: -40.09% | SUE: -4.0 | # QB: 0
Revenue Correlation: -23.70 | Revenue CAGR: -11.74% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=4.74 | Chg30d=-0.109 | Revisions Net=-2 | Analysts=1
EPS next Year (2026-12-31): EPS=18.29 | Chg30d=-0.078 | Revisions Net=+2 | Growth EPS=+7.2% | Growth Revenue=+2.2%

Additional Sources for VIPS Stock

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