(PDD) PDD Holdings - Overview
Sector: Consumer CyclicalIndustry: Internet Retail | Exchange NASDAQ (USA) | Currency USD | Market Cap: 138.316m | Total Return -23.4% in 12m
Stock: Online Retail, E-commerce, Apparel, Electronics, Home Goods
Total Rating 36
Risk 90
Buy Signal -0.85
| Risk 5d forecast | |
|---|---|
| Volatility | 49.7% |
| Relative Tail Risk | -21.7% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.69 |
| Alpha | -42.17 |
| Character TTM | |
|---|---|
| Beta | 1.192 |
| Beta Downside | 1.198 |
| Drawdowns 3y | |
|---|---|
| Max DD | 43.93% |
| CAGR/Max DD | 0.24 |
EPS (Earnings per Share)
Revenue
Description: PDD PDD Holdings March 06, 2026
PDD Holdings Inc. (PDD) is a multinational commerce group. It operates two primary platforms: Pinduoduo and Temu. Pinduoduo is an e-commerce platform offering a wide range of products, including agricultural produce and consumer electronics. Temu is an online platform designed to streamline manufacturing and commercial operations for merchants, a business model common in direct-to-consumer retail.
The company, incorporated in 2015, changed its name from Pinduoduo Inc. to PDD Holdings Inc. in February 2023. PDD Holdings Inc. is based in Dublin, Ireland, a location often chosen by international companies for tax efficiency and access to the European market.
For more detailed financial analysis, ValueRay offers in-depth reports.
Headlines to watch out for
- Temus global expansion drives revenue growth
- Pinduoduos domestic e-commerce competition intensifies
- Agricultural product sales remain a core revenue component
- Chinese regulatory scrutiny impacts platform operations
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 102.27b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.18 > 0.02 and ΔFCF/TA -6.00 > 1.0 |
| NWC/Revenue: 70.99% < 20% (prev 55.90%; Δ 15.10% < -1%) |
| CFO/TA 0.18 > 3% & CFO 112.37b > Net Income 102.27b |
| Net Debt (-81.71b) to EBITDA (102.79b): -0.79 < 3 |
| Current Ratio: 2.36 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.49b) vs 12m ago 25.93% < -2% |
| Gross Margin: 56.65% > 18% (prev 0.62%; Δ 5.60k% > 0.5%) |
| Asset Turnover: 77.47% > 50% (prev 79.27%; Δ -1.80% > 0%) |
| Interest Coverage Ratio: -1.78 > 6 (EBITDA TTM 102.79b / Interest Expense TTM -43.39b) |
Altman Z'' 6.79
| A: 0.48 (Total Current Assets 516.36b - Total Current Liabilities 219.22b) / Total Assets 613.72b |
| B: 0.43 (Retained Earnings 262.24b / Total Assets 613.72b) |
| C: 0.14 (EBIT TTM 77.21b / Avg Total Assets 540.26b) |
| D: 1.20 (Book Value of Equity 267.39b / Total Liabilities 222.32b) |
| Altman-Z'' Score: 6.79 = AAA |
Beneish M -2.93
| DSRI: 0.96 (Receivables 15.15b/13.92b, Revenue 418.54b/370.04b) |
| GMI: 1.10 (GM 56.65% / 62.49%) |
| AQI: 0.93 (AQ_t 0.15 / AQ_t-1 0.16) |
| SGI: 1.13 (Revenue 418.54b / 370.04b) |
| TATA: -0.02 (NI 102.27b - CFO 112.37b) / TA 613.72b) |
| Beneish M-Score: -2.93 (Cap -4..+1) = A |
What is the price of PDD shares?
As of March 26, 2026, the stock is trading at USD 98.09 with a total of 8,784,241 shares traded.
Over the past week, the price has changed by -6.02%, over one month by -8.22%, over three months by -13.53% and over the past year by -23.44%.
Over the past week, the price has changed by -6.02%, over one month by -8.22%, over three months by -13.53% and over the past year by -23.44%.
Is PDD a buy, sell or hold?
PDD Holdings has received a consensus analysts rating of 4.20.
Therefore, it is recommended to buy PDD.
- StrongBuy: 23
- Buy: 5
- Hold: 12
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the PDD price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 148.5 | 51.4% |
| Analysts Target Price | 148.5 | 51.4% |
PDD Fundamental Data Overview March 21, 2026
Market Cap CNY = 952.50b (138.32b USD * 6.8864 USD.CNY)
P/E Trailing = 9.7333
P/E Forward = 7.9114
P/S = 0.3305
P/B = 2.5415
P/EG = 1.055
Revenue TTM = 418.54b CNY
EBIT TTM = 77.21b CNY
EBITDA TTM = 102.79b CNY
Long Term Debt = 5.43b CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.63b CNY (from shortTermDebt, last quarter)
Debt = 10.67b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -81.71b CNY (from netDebt column, last quarter)
Enterprise Value = 539.40b CNY (952.50b + Debt 10.67b - CCE 423.77b)
Interest Coverage Ratio = -1.78 (Ebit TTM 77.21b / Interest Expense TTM -43.39b)
EV/FCF = 4.80x (Enterprise Value 539.40b / FCF TTM 112.37b)
FCF Yield = 20.83% (FCF TTM 112.37b / Enterprise Value 539.40b)
FCF Margin = 26.85% (FCF TTM 112.37b / Revenue TTM 418.54b)
Net Margin = 24.43% (Net Income TTM 102.27b / Revenue TTM 418.54b)
Gross Margin = 56.65% ((Revenue TTM 418.54b - Cost of Revenue TTM 181.44b) / Revenue TTM)
Gross Margin QoQ = 56.74% (prev 55.90%)
Tobins Q-Ratio = 0.88 (Enterprise Value 539.40b / Total Assets 613.72b)
Interest Expense / Debt = -406.5% (Interest Expense -43.39b / Debt 10.67b)
Taxrate = 11.97% (3.99b / 33.31b)
NOPAT = 67.97b (EBIT 77.21b * (1 - 11.97%))
Current Ratio = 2.36 (Total Current Assets 516.36b / Total Current Liabilities 219.22b)
Debt / Equity = 0.03 (Debt 10.67b / totalStockholderEquity, last quarter 391.40b)
Debt / EBITDA = -0.79 (Net Debt -81.71b / EBITDA 102.79b)
Debt / FCF = -0.73 (Net Debt -81.71b / FCF TTM 112.37b)
Total Stockholder Equity = 349.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.93% (Net Income 102.27b / Total Assets 613.72b)
RoE = 29.30% (Net Income TTM 102.27b / Total Stockholder Equity 349.07b)
RoCE = 21.78% (EBIT 77.21b / Capital Employed (Equity 349.07b + L.T.Debt 5.43b))
RoIC = 19.18% (NOPAT 67.97b / Invested Capital 354.36b)
WACC = 10.07% (E(952.50b)/V(963.17b) * Re(10.18%) + (debt cost/tax rate unavailable))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.25%
[DCF] Terminal Value 75.15% ; FCFF base≈112.80b ; Y1≈139.15b ; Y5≈237.42b
[DCF] Fair Price = 2.07k (EV 2850.34b - Net Debt -81.71b = Equity 2932.06b / Shares 1.42b; r=10.07% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 8.58 | EPS CAGR: -28.74% | SUE: -2.79 | # QB: 0
Revenue Correlation: 94.99 | Revenue CAGR: 44.50% | SUE: -0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=85.83 | Chg7d=+0.000 | Chg30d=-1.093 | Revisions Net=-3 | Growth EPS=+13.9% | Growth Revenue=+13.5%
P/E Trailing = 9.7333
P/E Forward = 7.9114
P/S = 0.3305
P/B = 2.5415
P/EG = 1.055
Revenue TTM = 418.54b CNY
EBIT TTM = 77.21b CNY
EBITDA TTM = 102.79b CNY
Long Term Debt = 5.43b CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.63b CNY (from shortTermDebt, last quarter)
Debt = 10.67b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -81.71b CNY (from netDebt column, last quarter)
Enterprise Value = 539.40b CNY (952.50b + Debt 10.67b - CCE 423.77b)
Interest Coverage Ratio = -1.78 (Ebit TTM 77.21b / Interest Expense TTM -43.39b)
EV/FCF = 4.80x (Enterprise Value 539.40b / FCF TTM 112.37b)
FCF Yield = 20.83% (FCF TTM 112.37b / Enterprise Value 539.40b)
FCF Margin = 26.85% (FCF TTM 112.37b / Revenue TTM 418.54b)
Net Margin = 24.43% (Net Income TTM 102.27b / Revenue TTM 418.54b)
Gross Margin = 56.65% ((Revenue TTM 418.54b - Cost of Revenue TTM 181.44b) / Revenue TTM)
Gross Margin QoQ = 56.74% (prev 55.90%)
Tobins Q-Ratio = 0.88 (Enterprise Value 539.40b / Total Assets 613.72b)
Interest Expense / Debt = -406.5% (Interest Expense -43.39b / Debt 10.67b)
Taxrate = 11.97% (3.99b / 33.31b)
NOPAT = 67.97b (EBIT 77.21b * (1 - 11.97%))
Current Ratio = 2.36 (Total Current Assets 516.36b / Total Current Liabilities 219.22b)
Debt / Equity = 0.03 (Debt 10.67b / totalStockholderEquity, last quarter 391.40b)
Debt / EBITDA = -0.79 (Net Debt -81.71b / EBITDA 102.79b)
Debt / FCF = -0.73 (Net Debt -81.71b / FCF TTM 112.37b)
Total Stockholder Equity = 349.07b (last 4 quarters mean from totalStockholderEquity)
RoA = 18.93% (Net Income 102.27b / Total Assets 613.72b)
RoE = 29.30% (Net Income TTM 102.27b / Total Stockholder Equity 349.07b)
RoCE = 21.78% (EBIT 77.21b / Capital Employed (Equity 349.07b + L.T.Debt 5.43b))
RoIC = 19.18% (NOPAT 67.97b / Invested Capital 354.36b)
WACC = 10.07% (E(952.50b)/V(963.17b) * Re(10.18%) + (debt cost/tax rate unavailable))
Discount Rate = 10.18% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.25%
[DCF] Terminal Value 75.15% ; FCFF base≈112.80b ; Y1≈139.15b ; Y5≈237.42b
[DCF] Fair Price = 2.07k (EV 2850.34b - Net Debt -81.71b = Equity 2932.06b / Shares 1.42b; r=10.07% [WACC]; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 8.58 | EPS CAGR: -28.74% | SUE: -2.79 | # QB: 0
Revenue Correlation: 94.99 | Revenue CAGR: 44.50% | SUE: -0.01 | # QB: 0
EPS next Year (2026-12-31): EPS=85.83 | Chg7d=+0.000 | Chg30d=-1.093 | Revisions Net=-3 | Growth EPS=+13.9% | Growth Revenue=+13.5%