<- Go home

Added to YB: 2026-08-25

Pitch date: 2026-08-21

PDD [bullish]

PDD Holdings Inc.

-4.26%

current return

Author Info

No bio for this author

Company Info

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. The company operates Pinduoduo platform, which provides various product categories and interactive shopping experiences; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations.

Market Cap

$845.7B

Pitch Price

$90.94

Price Target

N/A

Dividend

N/A

EV/EBITDA

3.86

P/E

9.54

EV/Sales

N/A

Sector

Broadline Retail

Category

value

Show full summary:
This Valuation Makes No Sense - PDD Holdings Inc.

PDD: Trades 8x P/FCF, 4x EV/FCF—absurdly cheap for quality/growth. Reverse DCF (ex-cash, 15x multiple) prices in FCF decline that author sees as unlikely; even lighting net cash on fire, implied growth rates minimal. Massive margin of safety vs China risk. Li Lu buying big.

Read full article (2 min)