Overview Dividends

(VIPS) Vipshop Holdings - Ratings and Ratios

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

Apparel, Footwear, Accessories, Cosmetics, Home-Goods

VIPS EPS (Earnings per Share)

EPS Growth (3Y CAGR): -56.96%
EPS Trend (3Y Correlation): -40.1%

VIPS Revenue

Revenue Growth (3Y CAGR): 6.66%
Revenue Trend (3Y Correlation): 5.0%

Risk via 10d forecast
Volatility	44.2%
Value at Risk 5%th	62.9%

Reward
Sharpe Ratio	1.09
Alpha Jensen	35.33

Character
Hurst Exponent	0.562
Beta	0.734

Drawdowns 3y
Max DD	39.32%
Mean DD	15.28%

Description: VIPS Vipshop Holdings November 03, 2025

Vipshop Holdings Limited (NYSE: VIPS) runs a suite of online retail platforms in China-including vip.com and vipshop.com-under the “Vip.com,” “Shan Shan Outlets,” and “Others” segments. The company sells a broad array of consumer goods, from apparel and accessories to cosmetics, home items, and supermarket products, and supplements its core e-commerce business with internet-finance services such as consumer and supplier financing, as well as logistics, procurement, and software development capabilities. Founded in 2008 and headquartered in Guangzhou, Vipshop positions itself as a discount-driven, brand-focused retailer targeting price-sensitive Chinese shoppers.

Key recent metrics suggest the model remains scalable: in FY 2023 the firm reported roughly RMB 210 billion in gross merchandise volume (GMV), a 13% year-over-year increase, and its active customer base grew to about 115 million, driven in part by expanding lower-tier city penetration. Margin pressure has eased, with net profit margins improving to 5.2% as the company leverages its proprietary logistics network to lower fulfillment costs. The broader Chinese e-commerce sector is benefitting from rising disposable income among the middle class and a gradual shift toward online grocery purchases, both of which underpin Vipshop’s diversification into supermarket-type items.

For a deeper, data-rich analysis of how Vipshop’s valuation compares to peers and to assess the sustainability of its growth trajectory, you may find ValueRay’s platform worth exploring.

VIPS Stock Overview

Market Cap in USD	9,199m
Sub-Industry	Broadline Retail
IPO / Inception	2012-03-23
Return 12m vs S&P 500	28.8%
Analyst Rating	3.71 of 5

VIPS Dividends

Dividend Yield	2.44%
Yield on Cost 5y	2.18%
Yield CAGR 5y	0.00%
Payout Consistency	100.0%
Payout Ratio	3.4%

VIPS Growth Ratios

CAGR	30.95%
CAGR/Max DD Calmar Ratio	0.79
CAGR/Mean DD Pain Ratio	2.03
Current Volume	1638.1k
Average Volume	2604.6k

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (6.92b TTM) > 0 and > 6% of Revenue (6% = 6.36b TTM)

FCFTA 0.08 (>2.0%) and ΔFCFTA -6.01pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 6.99% (prev 6.68%; Δ 0.31pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.12 (>3.0%) and CFO 9.13b > Net Income 6.92b (YES >=105%, WARN >=100%)

Net Debt (-16.92b) to EBITDA (9.73b) ratio: -1.74 <= 3.0 (WARN <= 3.5)

Current Ratio 1.26 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (511.8m) change vs 12m ago -7.57% (target <= -2.0% for YES)

Gross Margin 23.33% (prev 23.65%; Δ -0.32pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 150.1% (prev 155.1%; Δ -5.04pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 124.6 (EBITDA TTM 9.73b / Interest Expense TTM 67.2m) >= 6 (WARN >= 3)

Altman Z'' 4.64

(A) 0.10 = (Total Current Assets 36.42b - Total Current Liabilities 29.00b) / Total Assets 73.58b

(B) 0.58 = Retained Earnings (Balance) 42.91b / Total Assets 73.58b

(D) 1.22 = Book Value of Equity 39.50b / Total Liabilities 32.45b

Total Rating: 4.64 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 70.50

1. Piotroski 5.50pt = 0.50

2. FCF Yield 12.21% = 5.0

3. FCF Margin 5.25% = 1.31

4. Debt/Equity 0.19 = 2.48

5. Debt/Ebitda -1.74 = 2.50

6. ROIC - WACC (= 7.10)% = 8.87

7. RoE 17.61% = 1.47

8. Rev. Trend 5.00% = 0.38

9. EPS Trend -40.12% = -2.01

What is the price of VIPS shares?

As of November 14, 2025, the stock is trading at USD 19.71 with a total of 1,638,127 shares traded.
Over the past week, the price has changed by +7.82%, over one month by +2.98%, over three months by +20.48% and over the past year by +46.75%.

Is Vipshop Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Vipshop Holdings (NYSE:VIPS) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 70.50 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of VIPS is around 19.83 USD . This means that VIPS is currently overvalued and has a potential downside of 0.61%.

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	19	-3.5%
Analysts Target Price	19	-3.5%
ValueRay Target Price	22	11.5%

VIPS Fundamental Data Overview November 11, 2025

Market Cap CNY = 65.50b (9.20b USD * 7.1197 USD.CNY)
P/E Trailing = 9.9786
P/E Forward = 7.3801
P/S = 0.0868
P/B = 1.8137
P/EG = 0.8322
Beta = 0.734
Revenue TTM = 105.97b CNY
EBIT TTM = 8.37b CNY
EBITDA TTM = 9.73b CNY
Long Term Debt = 653.9m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 6.72b CNY (from shortTermDebt, last quarter)
Debt = 7.32b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -16.92b CNY (from netDebt column, last quarter)
Enterprise Value = 45.59b CNY (65.50b + Debt 7.32b - CCE 27.22b)
Interest Coverage Ratio = 124.6 (Ebit TTM 8.37b / Interest Expense TTM 67.2m)
FCF Yield = 12.21% (FCF TTM 5.57b / Enterprise Value 45.59b)
FCF Margin = 5.25% (FCF TTM 5.57b / Revenue TTM 105.97b)
Net Margin = 6.53% (Net Income TTM 6.92b / Revenue TTM 105.97b)
Gross Margin = 23.33% ((Revenue TTM 105.97b - Cost of Revenue TTM 81.25b) / Revenue TTM)
Gross Margin QoQ = 23.46% (prev 23.15%)
Tobins Q-Ratio = 0.62 (Enterprise Value 45.59b / Total Assets 73.58b)
Interest Expense / Debt = 0.32% (Interest Expense 23.5m / Debt 7.32b)
Taxrate = 21.15% (407.2m / 1.92b)
NOPAT = 6.60b (EBIT 8.37b * (1 - 21.15%))
Current Ratio = 1.26 (Total Current Assets 36.42b / Total Current Liabilities 29.00b)
Debt / Equity = 0.19 (Debt 7.32b / totalStockholderEquity, last quarter 39.50b)
Debt / EBITDA = -1.74 (Net Debt -16.92b / EBITDA 9.73b)
Debt / FCF = -3.04 (Net Debt -16.92b / FCF TTM 5.57b)
Total Stockholder Equity = 39.32b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.41% (Net Income 6.92b / Total Assets 73.58b)
RoE = 17.61% (Net Income TTM 6.92b / Total Stockholder Equity 39.32b)
RoCE = 20.94% (EBIT 8.37b / Capital Employed (Equity 39.32b + L.T.Debt 653.9m))
RoIC = 14.97% (NOPAT 6.60b / Invested Capital 44.10b)
WACC = 7.87% (E(65.50b)/V(72.81b) * Re(8.72%) + D(7.32b)/V(72.81b) * Rd(0.32%) * (1-Tc(0.21)))
Discount Rate = 8.72% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.94%
[DCF Debug] Terminal Value 67.66% ; FCFE base≈7.01b ; Y1≈4.64b ; Y5≈2.16b
Fair Price DCF = 91.14 (DCF Value 37.84b / Shares Outstanding 415.2m; 5y FCF grow -39.39% → 3.0% )
EPS Correlation: -40.12 | EPS CAGR: -56.96% | SUE: -4.0 | # QB: 0
Revenue Correlation: 5.00 | Revenue CAGR: 6.66% | SUE: 0.00 | # QB: 0

Additional Sources for VIPS Stock

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