(CPNG) Coupang - Overview
Stock: E-Commerce, Grocery, Delivery, Streaming, Fintech
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 59.1% |
| Relative Tail Risk | -27.2% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.69 |
| Alpha | -42.64 |
| Character TTM | |
|---|---|
| Beta | 1.069 |
| Beta Downside | 1.062 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.93% |
| CAGR/Max DD | 0.09 |
Description: CPNG Coupang January 29, 2026
Coupang, Inc. (NYSE: CPNG) operates a mobile-first retail ecosystem in South Korea and select international markets, organized into two primary segments. The Product Commerce segment delivers Korean retail, marketplace services, the Rocket Fresh grocery line, and advertising solutions. The Developing Offerings segment houses Coupang Eats (food delivery), Coupang Play (streaming), fintech initiatives, and the Farfetch luxury fashion marketplace, while supporting operations span the U.S., South Korea, Taiwan, Singapore, China, Japan, and India.
In its most recent fiscal year (2023), Coupang reported revenue of approximately $18.9 billion, up 15 % YoY, driven largely by a 12 % increase in Gross Merchandise Volume (GMV) to roughly $30 billion. Active customers surpassed 20 million, and Rocket Fresh contributed about 7 % of total revenue. Despite top-line growth, the company posted a net loss of $1.1 billion, reflecting continued investment in logistics capacity and new verticals; cash and cash equivalents stood at $4.5 billion at year-end, providing a solid liquidity buffer.
Key drivers for Coupang’s outlook include sustained e-commerce penetration in South Korea (now > 80 % of internet users), rising consumer demand for fast-delivery grocery services, and macro-economic pressures such as higher interest rates that could curb discretionary spending. The fintech and streaming arms remain early-stage, with revenue contribution still under 2 % of total sales, making their scalability a material uncertainty.
For a deeper quantitative breakdown, the ValueRay platform offers a granular, data-driven view of CPNG’s valuation metrics.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income: 390.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.17 > 1.0 |
| NWC/Revenue: 1.82% < 20% (prev 3.56%; Δ -1.74% < -1%) |
| CFO/TA 0.13 > 3% & CFO 2.38b > Net Income 390.0m |
| Net Debt (-2.28b) to EBITDA (1.47b): -1.56 < 3 |
| Current Ratio: 1.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.86b) vs 12m ago 1.91% < -2% |
| Gross Margin: 29.97% > 18% (prev 0.28%; Δ 2969 % > 0.5%) |
| Asset Turnover: 192.3% > 50% (prev 176.6%; Δ 15.69% > 0%) |
| Interest Coverage Ratio: 8.76 > 6 (EBITDA TTM 1.47b / Interest Expense TTM 110.0m) |
Altman Z'' -0.44
| A: 0.03 (Total Current Assets 10.81b - Total Current Liabilities 10.19b) / Total Assets 18.67b |
| B: -0.21 (Retained Earnings -4.00b / Total Assets 18.67b) |
| C: 0.06 (EBIT TTM 964.0m / Avg Total Assets 17.50b) |
| D: -0.31 (Book Value of Equity -4.32b / Total Liabilities 13.93b) |
| Altman-Z'' Score: -0.44 = B |
Beneish M -3.51
| DSRI: 0.65 (Receivables 393.0m/517.0m, Revenue 33.66b/28.86b) |
| GMI: 0.93 (GM 29.97% / 27.79%) |
| AQI: 0.76 (AQ_t 0.09 / AQ_t-1 0.12) |
| SGI: 1.17 (Revenue 33.66b / 28.86b) |
| TATA: -0.11 (NI 390.0m - CFO 2.38b) / TA 18.67b) |
| Beneish M-Score: -3.51 (Cap -4..+1) = AAA |
What is the price of CPNG shares?
Over the past week, the price has changed by -12.10%, over one month by -24.69%, over three months by -38.90% and over the past year by -25.73%.
Is CPNG a buy, sell or hold?
- StrongBuy: 8
- Buy: 6
- Hold: 2
- Sell: 1
- StrongSell: 0
What are the forecasts/targets for the CPNG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 32.9 | 85.7% |
| Analysts Target Price | 32.9 | 85.7% |
| ValueRay Target Price | 17.6 | -0.5% |
CPNG Fundamental Data Overview February 05, 2026
P/E Forward = 40.3226
P/S = 1.05
P/B = 7.4553
P/EG = 0.5102
Revenue TTM = 33.66b USD
EBIT TTM = 964.0m USD
EBITDA TTM = 1.47b USD
Long Term Debt = 618.0m USD (from longTermDebt, last quarter)
Short Term Debt = 1.89b USD (from shortTermDebt, last quarter)
Debt = 4.95b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -2.28b USD (from netDebt column, last quarter)
Enterprise Value = 33.07b USD (35.35b + Debt 4.95b - CCE 7.23b)
Interest Coverage Ratio = 8.76 (Ebit TTM 964.0m / Interest Expense TTM 110.0m)
EV/FCF = 26.02x (Enterprise Value 33.07b / FCF TTM 1.27b)
FCF Yield = 3.84% (FCF TTM 1.27b / Enterprise Value 33.07b)
FCF Margin = 3.77% (FCF TTM 1.27b / Revenue TTM 33.66b)
Net Margin = 1.16% (Net Income TTM 390.0m / Revenue TTM 33.66b)
Gross Margin = 29.97% ((Revenue TTM 33.66b - Cost of Revenue TTM 23.58b) / Revenue TTM)
Gross Margin QoQ = 29.35% (prev 30.04%)
Tobins Q-Ratio = 1.77 (Enterprise Value 33.07b / Total Assets 18.67b)
Interest Expense / Debt = 0.44% (Interest Expense 22.0m / Debt 4.95b)
Taxrate = 42.42% (70.0m / 165.0m)
NOPAT = 555.0m (EBIT 964.0m * (1 - 42.42%))
Current Ratio = 1.06 (Total Current Assets 10.81b / Total Current Liabilities 10.19b)
Debt / Equity = 1.04 (Debt 4.95b / totalStockholderEquity, last quarter 4.74b)
Debt / EBITDA = -1.56 (Net Debt -2.28b / EBITDA 1.47b)
Debt / FCF = -1.79 (Net Debt -2.28b / FCF TTM 1.27b)
Total Stockholder Equity = 4.48b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.23% (Net Income 390.0m / Total Assets 18.67b)
RoE = 8.71% (Net Income TTM 390.0m / Total Stockholder Equity 4.48b)
RoCE = 18.93% (EBIT 964.0m / Capital Employed (Equity 4.48b + L.T.Debt 618.0m))
RoIC = 8.96% (NOPAT 555.0m / Invested Capital 6.20b)
WACC = 8.68% (E(35.35b)/V(40.29b) * Re(9.86%) + D(4.95b)/V(40.29b) * Rd(0.44%) * (1-Tc(0.42)))
Discount Rate = 9.86% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 1.68%
[DCF Debug] Terminal Value 67.19% ; FCFF base≈1.13b ; Y1≈742.1m ; Y5≈338.6m
Fair Price DCF = 4.91 (EV 5.92b - Net Debt -2.28b = Equity 8.20b / Shares 1.67b; r=8.68% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 31.34 | EPS CAGR: 135.9% | SUE: -1.35 | # QB: 0
Revenue Correlation: 98.44 | Revenue CAGR: 17.41% | SUE: 0.88 | # QB: 2
EPS next Quarter (2026-03-31): EPS=0.12 | Chg30d=+0.029 | Revisions Net=+1 | Analysts=3
EPS next Year (2026-12-31): EPS=0.45 | Chg30d=-0.064 | Revisions Net=-1 | Growth EPS=+152.8% | Growth Revenue=+14.9%