Professional
Added to YB: 2024-05-22
Pitch date: 2024-05-17
JD [bullish]
JD.com, Inc.
-16.43%
current return
Author Info
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Company Info
JD.com, Inc. operates as a supply chain-based technology and service provider in the People’s Republic of China and Europe.
Market Cap
$268.8B
Pitch Price
$34.11
Price Target
46.00 (+61%)
Dividend
3.51%
EV/EBITDA
5.19
P/E
15.20
EV/Sales
0.14
Sector
Broadline Retail
Category
growth
JD.com, Inc.: Higher Investment to Pressure Near-Term Margins; Shares Undervalued
JD.com $46 PT: Rev +4% CAGR in 10yrs driven by omnichannel, 3P platform & new users. Non-GAAP OM to 4% by '33 from 3.3% on mix shift, scale & operating leverage. Wide moat on logistics, cost adv, but high uncertainty from decentralization trend, slow growth & gov risks. Exemplary stewardship w/ strategic investments in 1P, logistics & partnerships, driving 25%+ ROIC by '25.
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