Added to YB: 2024-12-10
Pitch date: 2024-12-08
CPNG [neutral]
Coupang, Inc.
+7.51%
current return
Author Info
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Company Info
Coupang, Inc., together with its subsidiaries, owns and operates retail business through its mobile applications and internet websites in South Korea and internationally.
Market Cap
$49.2B
Pitch Price
$23.84
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.33
P/E
129.59
EV/Sales
1.39
Sector
Broadline Retail
Category
growth
A look at Coupang $CPNG (South Korea).
CPNG (overvalued): S. Korean e-commerce giant, 45% pop. reach. Revenue +27% YoY Q3'24, GM 28.85%, OM 1.49%. WOW subs +133% 2020-23. FLC growing 130%+ YoY. Valuation high at 41x PE, 27x EV/EBITDA. High capex, but building ecosystem. Currency risk. Margins need to improve to justify valuation.
Read full article (11 min)