(GDS) GDS Holdings - Overview

Exchange: NASDAQ • Country: China • Currency: USD • Type: Common Stock • ISIN: US36165L1089

Stock: Colocation, Hosting, Cloud, Consulting

Total Rating 49

Risk 72

Buy Signal 0.66

Information Technology Services » Data Processing & Outsourced Services
Age: 9.3y

Market Cap: 9,033m
Avg Trading Vol: 98.2M USD

ATR: 6.03%
Peers RS (IBD): 96.77

EPS (Earnings per Share)

EPS CAGR: 113.56%
EPS Trend: 64.5%

Last SUE: 0.03
Qual. Beats: 0

Revenue

Rev. CAGR: 7.68%
Rev. Trend: 95.0%

Last SUE: 0.00
Qual. Beats: 0

Risk 5d forecast
Volatility	77.5%
Relative Tail Risk	-7.25%

Reward TTM
Sharpe Ratio	1.06
Alpha	57.64

Character TTM
Beta	1.505
Beta Downside	1.561

Drawdowns 3y
Max DD	78.03%
CAGR/Max DD	0.35

Description: GDS GDS Holdings January 07, 2026

GDS Holdings Ltd (NASDAQ:GDS) builds and operates carrier-grade data centers across mainland China, delivering colocation, managed hosting, cloud, and consulting services to cloud providers, large internet firms, financial institutions, telecom carriers, and multinational enterprises.

Key operational metrics show the company’s FY2023 revenue rose ~30% YoY to RMB 13.2 billion, while its aggregate data center capacity reached 1.2 million sq ft with an average occupancy of ~92%, reflecting strong demand for hyperscale infrastructure in the Chinese market.

Growth is underpinned by macro drivers such as China’s 5G rollout, the government’s “Digital China” initiative, and a sustained shift of enterprises toward cloud-first strategies, which together fuel a projected 12-15% CAGR in domestic data-center spend through 2028.

For a deeper quantitative assessment, you may want to explore GDS’s metrics on ValueRay.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 5.61b TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA 6.13 > 1.0
NWC/Revenue: 92.78% < 20% (prev 21.12%; Δ 71.66% < -1%)
CFO/TA 0.04 > 3% & CFO 3.31b > Net Income 5.61b
Net Debt (33.52b) to EBITDA (5.94b): 5.64 < 3
Current Ratio: 2.51 > 1.5 & < 3
Outstanding Shares: last quarter (248.0m) vs 12m ago 34.98% < -2%
Gross Margin: 22.78% > 18% (prev 0.21%; Δ 2257 % > 0.5%)
Asset Turnover: 13.92% > 50% (prev 13.33%; Δ 0.59% > 0%)
Interest Coverage Ratio: 1.96 > 6 (EBITDA TTM 5.94b / Interest Expense TTM 1.28b)

Altman Z'' 0.77

A: 0.13 (Total Current Assets 17.26b - Total Current Liabilities 6.87b) / Total Assets 78.61b
B: -0.06 (Retained Earnings -4.63b / Total Assets 78.61b)
C: 0.03 (EBIT TTM 2.50b / Avg Total Assets 80.48b)
D: -0.11 (Book Value of Equity -5.56b / Total Liabilities 51.83b)
Altman-Z'' Score: 0.77 = B

Beneish M -2.90

DSRI: 0.70 (Receivables 2.87b/4.00b, Revenue 11.20b/10.98b)
GMI: 0.92 (GM 22.78% / 20.96%)
AQI: 1.67 (AQ_t 0.22 / AQ_t-1 0.13)
SGI: 1.02 (Revenue 11.20b / 10.98b)
TATA: 0.03 (NI 5.61b - CFO 3.31b) / TA 78.61b)
Beneish M-Score: -2.90 (Cap -4..+1) = A

What is the price of GDS shares?

As of February 07, 2026, the stock is trading at USD 46.48 with a total of 3,585,201 shares traded.
Over the past week, the price has changed by +4.01%, over one month by +23.39%, over three months by +37.07% and over the past year by +75.00%.

Is GDS a buy, sell or hold?

GDS Holdings has received a consensus analysts rating of 4.42. Therefore, it is recommended to buy GDS.

StrongBuy: 11
Buy: 5
Hold: 3
Sell: 0
StrongSell: 0

What are the forecasts/targets for the GDS price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	51	9.8%
Analysts Target Price	51	9.8%
ValueRay Target Price	50.8	9.2%

GDS Fundamental Data Overview February 04, 2026

Market Cap CNY = 62.71b (9.03b USD * 6.9418 USD.CNY)
P/E Trailing = 64.4
P/E Forward = 23.4192
P/S = 0.8064
P/B = 2.4329
Revenue TTM = 11.20b CNY
EBIT TTM = 2.50b CNY
EBITDA TTM = 5.94b CNY
Long Term Debt = 35.18b CNY (from longTermDebt, last quarter)
Short Term Debt = 3.41b CNY (from shortTermDebt, last quarter)
Debt = 46.96b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = 33.52b CNY (from netDebt column, last quarter)
Enterprise Value = 96.23b CNY (62.71b + Debt 46.96b - CCE 13.44b)
Interest Coverage Ratio = 1.96 (Ebit TTM 2.50b / Interest Expense TTM 1.28b)
EV/FCF = -125.6x (Enterprise Value 96.23b / FCF TTM -766.3m)
FCF Yield = -0.80% (FCF TTM -766.3m / Enterprise Value 96.23b)
FCF Margin = -6.84% (FCF TTM -766.3m / Revenue TTM 11.20b)
Net Margin = 50.05% (Net Income TTM 5.61b / Revenue TTM 11.20b)
Gross Margin = 22.78% ((Revenue TTM 11.20b - Cost of Revenue TTM 8.65b) / Revenue TTM)
Gross Margin QoQ = 22.14% (prev 23.75%)
Tobins Q-Ratio = 1.22 (Enterprise Value 96.23b / Total Assets 78.61b)
Interest Expense / Debt = 0.11% (Interest Expense 52.5m / Debt 46.96b)
Taxrate = 19.98% (181.9m / 910.5m)
NOPAT = 2.00b (EBIT 2.50b * (1 - 19.98%))
Current Ratio = 2.51 (Total Current Assets 17.26b / Total Current Liabilities 6.87b)
Debt / Equity = 1.76 (Debt 46.96b / totalStockholderEquity, last quarter 26.67b)
Debt / EBITDA = 5.64 (Net Debt 33.52b / EBITDA 5.94b)
Debt / FCF = -43.74 (negative FCF - burning cash) (Net Debt 33.52b / FCF TTM -766.3m)
Total Stockholder Equity = 25.00b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.97% (Net Income 5.61b / Total Assets 78.61b)
RoE = 22.43% (Net Income TTM 5.61b / Total Stockholder Equity 25.00b)
RoCE = 4.16% (EBIT 2.50b / Capital Employed (Equity 25.00b + L.T.Debt 35.18b))
RoIC = 3.32% (NOPAT 2.00b / Invested Capital 60.31b)
WACC = 6.59% (E(62.71b)/V(109.67b) * Re(11.46%) + D(46.96b)/V(109.67b) * Rd(0.11%) * (1-Tc(0.20)))
Discount Rate = 11.46% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 16.18%
Fair Price DCF = unknown (Cash Flow -766.3m)
EPS Correlation: 64.49 | EPS CAGR: 113.6% | SUE: 0.03 | # QB: 0
Revenue Correlation: 94.99 | Revenue CAGR: 7.68% | SUE: 0.00 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.29 | Chg30d=N/A | Revisions Net=+0 | Analysts=1
EPS next Year (2026-12-31): EPS=-0.38 | Chg30d=+0.000 | Revisions Net=+0 | Growth EPS=-103.6% | Growth Revenue=+11.3%

Additional Sources for GDS Stock

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