Added to YB: 2024-02-16
Pitch date: 2024-02-15
CPNG [bullish]
Coupang, Inc.
+55.46%
current return
Author Info
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
$15.65
Price Target
30.20 (+18%)
Dividend
N/A
EV/EBITDA
22.33
P/E
129.59
EV/Sales
1.39
Sector
Broadline Retail
Category
growth
Coupang's E-Commerce Dominance in South Korea
CPNG: Korea's Amazon w/ 20M users, $100/mo spend. 99.3% 24hr delivery to 70%+ of SK. Rocket WOW: 11M subs, $4/mo. Logistics, food delivery, payments, streaming fuel growth. $26B mkt cap, $5B cash, $1B debt, $22B EV. $1.8B FCF, 8-9% FCF margins. 5% NOPAT margin, 10% rev growth 5yr forecast: $33B rev, $2B NOPAT. 43x EV/EBT, 12x FCF. 2x upside potential.
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