VIPS Stock Analysis: Vipshop Holdings | NYSE
Internet Retail | NYSE, USA | Market Cap: 6.695m USD | 12M Return: -15.8% | US92763W1036 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 32.8M
EPS Trend: -67.1%
Qual. Beats: -1
Rev. Trend: -24.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 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.
Vipshop Holdings Limited is a China-based online retailer headquartered in Guangzhou and listed on the NYSE under the ticker VIPS. Founded in 2008, the company operates through three reported segments: Vip.com, Shan Shan Outlets, and Others, and sells a broad assortment of merchandise including womenswear, menswear, sportswear, baby and childrens products, footwear and bags, skincare and cosmetics, home goods, and supermarket items. Beyond its core marketplace platforms (vipshop.com and vip.com), the company runs physical retail outlets and supports its operations with in-house warehousing, product procurement, and software/IT development activities.
The business sits within the Consumer Discretionary sector (GICS sub-industry: Broadline Retail) and competes in Chinas highly competitive e-commerce landscape. Vipshop is historically associated with the flash sale or online discount retail model, originally built around time-limited promotions of branded apparel and lifestyle goods, before expanding into broader category coverage and offline outlets through acquisitions such as Shan Shan Outlets.
- China discount retail GMV growth decelerates amid weak consumer spending
- Active customer growth on Vip.com platform drives apparel and cosmetics revenue
- Intensifying competition from Pinduoduo and Douyin pressures discount retail market share
| Net Income: 10.3b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -1.29 > 1.0 |
| NWC/Revenue: 9.14% < 20% (prev 6.99%; Δ 2.15% < -1%) |
| CFO/TA 0.09 > 3% & CFO 7.45b > Net Income 10.3b |
| Net Debt (-20.7b) to EBITDA (9.42b): -2.20 < 3 |
| Current Ratio: 1.28 > 1.5 & < 3 |
| Outstanding Shares: last quarter (488.1m) vs 12m ago -4.62% < -2% |
| Gross Margin: 23.47% > 18% (prev 23.33%; Δ 0.15% > 0.5%) |
| Asset Turnover: 131.8% > 50% (prev 144.0%; Δ -12.23% > 0%) |
| Interest Coverage Ratio: 24.50 > 6 (EBIT TTM 8.00b / Interest Expense TTM 326.4m) |
| A: 0.11 (Total Current Assets 43.8b - Total Current Liabilities 34.2b) / Total Assets 85.9b |
| B: 0.57 (Retained Earnings 48.6b / Total Assets 85.9b) |
| C: 0.10 (EBIT TTM 8.00b / Avg Total Assets 79.7b) |
| D: 1.20 (Book Value of Equity 45.0b / Total Liabilities 37.5b) |
| Altman-Z'' = 4.51 = AA |
| DSRI: 1.37 (Receivables 6.00b/4.42b, Revenue 105b/106b) |
| GMI: 0.99 (GM 23.33% / 23.47%) |
| AQI: 1.19 (AQ_t 0.29 / AQ_t-1 0.25) |
| SGI: 0.99 (Revenue 105b / 106b) |
| TATA: 0.03 (NI 10.3b - CFO 7.45b) / TA 85.9b) |
| Beneish M = -2.62 (Cap -4..+1) = A |
As of August 29, 2026, the stock is trading at USD 13.50 with a total of 3,307,433 shares traded. Over the past week, the price has changed by -7.09%, over one month by -9.09%, over three months by -6.96% and over the past year by -15.80%.
Current recommended Stop Loss: 12.90 (which is 4.4% or 1.3 ATR below the current price).
Vipshop Holdings has received a consensus analysts rating of 3.71. Therefore, it is recommended to hold VIPS.
- StrongBuy: 7
- Buy: 3
- Hold: 14
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 17.5 | 29.3% |
Market Cap CNY = 45.0b (6.70b USD * 6.7199 USD.CNY)
P/E Trailing = 4.5863
P/E Forward = 5.4825
P/S = 0.0637
P/B = 1.006
P/EG = 0.7947
Revenue TTM = 105b CNY
EBIT TTM = 8.00b CNY
EBITDA TTM = 9.42b CNY
Long Term Debt = 554.7m CNY (estimated: total debt 11.6b - short term 11.0b)
Short Term Debt = 11.0b CNY (from shortTermDebt, last quarter)
Debt = 12.2b CNY (from shortLongTermDebtTotal, last quarter) + Leases 608.8m
Net Debt = -20.7b CNY (calculated: Debt 12.2b - CCE 32.9b)
Enterprise Value = 24.3b CNY (45.0b + Debt 12.2b - CCE 32.9b)
Interest Coverage Ratio = 24.50 (Ebit TTM 8.00b / Interest Expense TTM 326.4m)
EV/FCF = 4.51x (Enterprise Value 24.3b / FCF TTM 5.39b)
FCF Yield = 22.17% (FCF TTM 5.39b / Enterprise Value 24.3b)
FCF Margin = 5.13% (FCF TTM 5.39b / Revenue TTM 105b)
Net Margin = 9.81% (Net Income TTM 10.3b / Revenue TTM 105b)
Gross Margin = 23.47% ((Revenue TTM 105b - Cost of Revenue TTM 80.4b) / Revenue TTM)
Gross Margin QoQ = 23.60% (prev 24.44%)
Tobins Q-Ratio = 0.28 (Enterprise Value 24.3b / Total Assets 85.9b)
Interest Expense / Debt = 2.68% (Interest Expense 326.4m / Debt 12.2b)
Taxrate = 32.05% (4.74b / 14.8b)
NOPAT = 5.43b (EBIT 8.00b * (1 - 32.05%))
Current Ratio = 1.28 (Total Current Assets 43.8b / Total Current Liabilities 34.2b)
Debt / Equity = 0.27 (Debt 12.2b / totalStockholderEquity, last quarter 45.0b)
Debt / EBITDA = -2.20 (Net Debt -20.7b / EBITDA 9.42b)
Debt / FCF = -3.84 (Net Debt -20.7b / FCF TTM 5.39b)
Total Stockholder Equity = 41.9b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.93% (Net Income 10.3b / Total Assets 85.9b)
RoE = 24.62% (Net Income TTM 10.3b / Total Stockholder Equity 41.9b)
RoCE = 18.85% (EBIT 8.00b / Capital Employed (Equity 41.9b + L.T.Debt 554.7m))
RoIC = 9.46% (NOPAT 5.43b / Invested Capital 57.4b)
WACC = 7.63% (E(45.0b)/V(57.2b) * Re(9.20%) + D(12.2b)/V(57.2b) * Rd(2.68%) * (1-Tc(0.32)))
Discount Rate = 9.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.39 | Cagr: -5.52%
[DCF] Terminal Value 75.00% ; FCFF base≈5.46b ; Y1≈5.33b ; Y5≈5.35b
[DCF] Fair Price = 262.6 (EV 83.7b - Net Debt -20.7b = Equity 104b / Shares 397.7m; r=8.35% [WACC [floored]]; 5y FCF grow -3.21% → 2.50% )
EPS Correlation: -67.09 | EPS CAGR: -15.48% | SUE: -4.0 | # QB: -1
Revenue Correlation: -24.34 | Revenue CAGR: -0.45% | SUE: -0.01 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.68 | Chg30d=-16.79% | Revisions=-25% | Analysts=7
EPS current Year (2026-12-31): EPS=13.40 | Chg30d=-22.32% | Revisions=-29% | GrowthEPS=-21.6% | GrowthRev=-2.0%
EPS next Year (2027-12-31): EPS=17.53 | Chg30d=-3.75% | Revisions=-57% | GrowthEPS=+30.9% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: -58% (up=1, down=8)