Coupang (CPNG) AI Stock Analysis

• Market Cap: $61.07B
• Dividend Yield: N/A
• Average Volume (3M): 12.74M
• Price to Earnings (P/E): 168.7
• Beta (1Y): 0.74
• Revenue Growth: 18.69%
• EPS Growth: -65.55%
• Country: US
• Employees: 95,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Specialty Retail
• EPS (TTM): 0.02
• Shares Outstanding: 1,665,262,200
• 10 Day Avg. Volume: 17,720,240
• 30 Day Avg. Volume: 12,737,237
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.87
• Enterprise Value/Revenue: 1.65
• Enterprise Value/Gross Profit: 5.53
• Enterprise Value/Ebitda: 37.38
• 1Y Price Target: $34.89
• Price Target Upside: 4.06% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 10

• Rating: 62 Neutral
• Price Target: $33.00 ▼(-1.58% Downside)

Coupang's overall stock score reflects a mixed financial performance with improved profitability but challenges in revenue growth and cash flow. The technical analysis indicates a bullish trend, though the stock appears overbought. Valuation concerns due to a high P/E ratio and lack of dividend yield weigh on the score. The earnings call provides a cautiously optimistic outlook, but its influence is excluded from the final score calculation.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, suggesting sustained expansion potential.

Margin Expansion

Improved margins in key segments reflect operational efficiency and pricing power, enhancing long-term profitability.

Taiwan Market Success

Strong growth in Taiwan highlights successful international expansion and customer retention, supporting future revenue streams.

Negative Factors

Revenue Decline

A decline in revenue suggests potential market saturation or competitive pressures, which could hinder long-term growth prospects.

Cash Flow Management

Reduced free cash flow may limit investment capacity and financial flexibility, impacting future growth and stability.

Developing Offerings Losses

Continued losses in developing segments could strain resources and delay profitability, affecting overall financial health.

Coupang Business Overview & Revenue Model

Company Description

Coupang, Inc. owns and operates in e-commerce business through its mobile applications and Internet websites primarily in South Korea. It operates through two segments, Product Commerce and Growth Initiatives. The company sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. It also performs operations and support services in China, Singapore, Japan, Taiwan, and the United States. Coupang, Inc. was incorporated in 2010 and is headquartered in Seoul, South Korea.

How the Company Makes Money

Coupang generates revenue primarily through its e-commerce platform, which includes sales from direct retail and marketplace services where third-party sellers can list their products. The company earns a commission on sales made through its marketplace, in addition to revenue from fulfillment fees for services like warehousing and shipping for these sellers. Another key revenue stream comes from its subscription service, Coupang Wow, which offers members benefits like free shipping and exclusive discounts. Additionally, Coupang has been investing in various partnerships and technology to enhance its logistics capabilities, which not only improves customer satisfaction but also aids in cost efficiency, thus contributing positively to its profitability.

Coupang Financial Statement Overview

Summary

Coupang's financial performance shows improvement in profitability and operational efficiency, but faces challenges in revenue growth and cash flow management. The balance sheet remains stable with a balanced leverage position.

Income Statement

Coupang's income statement shows a mixed performance. The company has achieved a positive net profit margin of 0.82% in the TTM period, a significant improvement from previous losses. However, revenue has declined by 17.08% in the TTM, indicating potential challenges in maintaining growth. Gross profit margin remains stable at around 29.68%, showing efficiency in managing costs. EBIT and EBITDA margins have improved, reflecting better operational efficiency.

Balance Sheet

Coupang's balance sheet reflects a moderate financial position. The debt-to-equity ratio is 0.93, indicating a balanced approach to leveraging. Return on equity has improved to 6.20% in the TTM, showcasing better profitability. The equity ratio stands at 26.27%, suggesting a reasonable level of equity financing. Overall, the balance sheet indicates stability with manageable leverage.

Cash Flow

Coupang's cash flow statement reveals some concerns. Free cash flow has decreased by 22.93% in the TTM, indicating potential cash management issues. The operating cash flow to net income ratio is 0.25, suggesting moderate cash generation relative to net income. The free cash flow to net income ratio of 0.50 indicates that half of the net income is converted into free cash flow, which is a positive sign.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	32.26B	30.27B	24.38B	20.58B	18.41B	11.97B
Gross Profit	9.64B	8.83B	6.19B	4.71B	2.95B	1.99B
EBITDA	1.43B	1.05B	907.00M	165.00M	-1.30B	-227.58M
Net Income	365.00M	154.00M	1.36B	-92.00M	-1.54B	-463.16M
Balance Sheet
Total Assets	17.83B	15.34B	13.35B	9.51B	8.64B	5.07B
Cash, Cash Equivalents and Short-Term Investments	6.80B	5.88B	5.24B	3.51B	3.49B	1.25B
Total Debt	4.58B	3.73B	2.79B	2.40B	2.12B	2.23B
Total Liabilities	13.15B	11.24B	9.26B	7.10B	6.47B	9.14B
Stockholders Equity	4.68B	4.10B	4.09B	2.41B	2.18B	-4.07B
Cash Flow
Free Cash Flow	777.00M	1.01B	1.76B	-259.00M	-1.08B	-183.08M
Operating Cash Flow	1.91B	1.89B	2.65B	565.00M	-411.00M	301.55M
Investing Cash Flow	-1.04B	-819.00M	-927.00M	-848.00M	-676.00M	-520.65M
Financing Cash Flow	119.00M	-69.00M	199.00M	247.00M	3.58B	178.50M

Coupang Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 33.53
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CPNG, the sentiment is Positive. The current price of 33.53 is above the 20-day moving average (MA) of 30.19, above the 50-day MA of 29.85, and above the 200-day MA of 25.83, indicating a bullish trend. The MACD of 1.17 indicates Negative momentum. The RSI at 76.45 is Negative, neither overbought nor oversold. The STOCH value of 96.11 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CPNG.

Coupang Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PDD	79 Outperform	187.29B	14.70	27.06%	―	20.09%	-1.83%
BABA	79 Outperform	396.28B	18.34	12.88%	1.19%	5.48%	128.65%
SE	78 Outperform	110.64B	94.83	5.30%	―	34.12%	0.00%
MELI	74 Outperform	124.02B	60.41	35.94%	―	38.27%	46.21%
JD	74 Outperform	56.23B	9.80	17.28%	2.78%	14.61%	32.78%
CPNG	62 Neutral	$61.07B	168.68	8.55%	―	18.69%	-65.55%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Coupang Corporate Events

Coupang Holds Annual Stockholders Meeting on June 12

On June 12, 2025, Coupang, Inc. held its Annual Meeting of Stockholders where three proposals were voted on by stockholders representing approximately 90.98% of the voting power. The meeting resulted in the election of directors, the ratification of Samil PricewaterhouseCoopers as the independent registered public accounting firm for the fiscal year ending December 31, 2025, and the approval of the compensation of the company’s named executive officers.