(VIPS) Vipshop Holdings - Ratings and Ratios
Apparel, Footwear, Accessories, Cosmetics, Home-Goods
Dividends
| Dividend Yield | 2.38% |
| Yield on Cost 5y | 2.01% |
| Yield CAGR 5y | 0.00% |
| Payout Consistency | 100.0% |
| Payout Ratio | 2.8% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 43.4% |
| Value at Risk 5%th | 62.0% |
| Relative Tail Risk | -13.07% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.27 |
| Alpha | 47.12 |
| CAGR/Max DD | 0.47 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.576 |
| Beta | 0.662 |
| Beta Downside | 0.569 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.32% |
| Mean DD | 15.38% |
| Median DD | 14.76% |
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.
Piotroski VR‑10 (Strict, 0-10) 5.5
| Net Income (7.10b TTM) > 0 and > 6% of Revenue (6% = 6.40b TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA -6.11pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 8.64% (prev 5.42%; Δ 3.22pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.12 (>3.0%) and CFO 9.13b > Net Income 7.10b (YES >=105%, WARN >=100%) |
| Net Debt (-16.05b) to EBITDA (9.16b) ratio: -1.75 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.30 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (504.6m) change vs 12m ago -8.87% (target <= -2.0% for YES) |
| Gross Margin 23.13% (prev 23.71%; Δ -0.58pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 144.3% (prev 148.0%; Δ -3.68pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 90.59 (EBITDA TTM 9.16b / Interest Expense TTM 77.7m) >= 6 (WARN >= 3) |
Altman Z'' 4.48
| (A) 0.12 = (Total Current Assets 40.27b - Total Current Liabilities 31.05b) / Total Assets 78.33b |
| (B) 0.55 = Retained Earnings (Balance) 42.91b / Total Assets 78.33b |
| (C) 0.10 = EBIT TTM 7.04b / Avg Total Assets 73.91b |
| (D) 1.22 = Book Value of Equity 42.10b / Total Liabilities 34.54b |
| Total Rating: 4.48 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 70.27
| 1. Piotroski 5.50pt |
| 2. FCF Yield 11.88% |
| 3. FCF Margin 5.22% |
| 4. Debt/Equity 0.21 |
| 5. Debt/Ebitda -1.75 |
| 6. ROIC - WACC (= 4.88)% |
| 7. RoE 17.74% |
| 8. Rev. Trend -23.70% |
| 9. EPS Trend 53.55% |
What is the price of VIPS shares?
Over the past week, the price has changed by -0.40%, over one month by +2.34%, over three months by +15.80% and over the past year by +43.05%.
Is VIPS a buy, sell or hold?
- 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 | 20 | -0.8% |
| Analysts Target Price | 20 | -0.8% |
| ValueRay Target Price | 22.4 | 11.4% |
VIPS Fundamental Data Overview December 05, 2025
P/E Trailing = 10.5
P/E Forward = 7.9114
P/S = 0.0912
P/B = 1.7504
P/EG = 0.977
Beta = 0.734
Revenue TTM = 106.67b CNY
EBIT TTM = 7.04b CNY
EBITDA TTM = 9.16b CNY
Long Term Debt = 645.1m CNY (from capitalLeaseObligations, last quarter)
Short Term Debt = 7.93b CNY (from shortTermDebt, last quarter)
Debt = 8.51b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -16.05b CNY (from netDebt column, last quarter)
Enterprise Value = 46.85b CNY (68.82b + Debt 8.51b - CCE 30.49b)
Interest Coverage Ratio = 90.59 (Ebit TTM 7.04b / Interest Expense TTM 77.7m)
FCF Yield = 11.88% (FCF TTM 5.57b / Enterprise Value 46.85b)
FCF Margin = 5.22% (FCF TTM 5.57b / Revenue TTM 106.67b)
Net Margin = 6.66% (Net Income TTM 7.10b / Revenue TTM 106.67b)
Gross Margin = 23.13% ((Revenue TTM 106.67b - Cost of Revenue TTM 82.00b) / Revenue TTM)
Gross Margin QoQ = 22.97% (prev 23.46%)
Tobins Q-Ratio = 0.60 (Enterprise Value 46.85b / Total Assets 78.33b)
Interest Expense / Debt = 0.31% (Interest Expense 26.4m / Debt 8.51b)
Taxrate = 19.81% (301.1m / 1.52b)
NOPAT = 5.65b (EBIT 7.04b * (1 - 19.81%))
Current Ratio = 1.30 (Total Current Assets 40.27b / Total Current Liabilities 31.05b)
Debt / Equity = 0.21 (Debt 8.51b / totalStockholderEquity, last quarter 40.41b)
Debt / EBITDA = -1.75 (Net Debt -16.05b / EBITDA 9.16b)
Debt / FCF = -2.88 (Net Debt -16.05b / FCF TTM 5.57b)
Total Stockholder Equity = 40.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.06% (Net Income 7.10b / Total Assets 78.33b)
RoE = 17.74% (Net Income TTM 7.10b / Total Stockholder Equity 40.02b)
RoCE = 17.31% (EBIT 7.04b / Capital Employed (Equity 40.02b + L.T.Debt 645.1m))
RoIC = 12.43% (NOPAT 5.65b / Invested Capital 45.42b)
WACC = 7.55% (E(68.82b)/V(77.34b) * Re(8.45%) + D(8.51b)/V(77.34b) * Rd(0.31%) * (1-Tc(0.20)))
Discount Rate = 8.45% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.61%
[DCF Debug] Terminal Value 68.84% ; FCFE base≈7.01b ; Y1≈4.64b ; Y5≈2.16b
Fair Price DCF = 95.19 (DCF Value 39.52b / Shares Outstanding 415.2m; 5y FCF grow -39.39% → 3.0% )
EPS Correlation: 53.55 | EPS CAGR: 3.28% | SUE: 0.13 | # QB: 0
Revenue Correlation: -23.70 | Revenue CAGR: -11.74% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=4.85 | Chg30d=-0.062 | Revisions Net=-2 | Analysts=2
EPS next Year (2026-12-31): EPS=18.36 | Chg30d=-0.068 | Revisions Net=+2 | Growth EPS=+8.0% | Growth Revenue=+2.3%
Additional Sources for VIPS Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle