Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the US, Coupang operates e-commerce businesses mainly in South Korea and Taiwan.
It is a $28.3B consumer company. Revenue grew 9.9% over the last year, it currently loses money, and it holds more cash than debt.
- Website
- aboutcoupang.com
- Location
- Seattle, WA
- Employees
- 108 000
- Sector
- Consumer Cyclical
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Valuation, Growth, Profitability, Health and Moat lag behind.
Valuation42
- P/E vs own history60th pct · 12/25
- FCF yield0.3% · 5/25
- P/S0.8x · 25/25
- EV/EBITDA40.5x · 0/25
Growth20
- Revenue CAGR17.0% · 20/25
- Net income CAGRn/a · 0/25
- EPS CAGR ~5Yn/a · 0/25
- Fwd implied growthn/a · 0/25
Profitability0
- ROICn/a · 0/25
- ROE-18.8% · 0/25
- Net margin-2.2% · 0/25
- Operating margin-1.8% · 0/25
Health41
- Altman Z1.55 · 10/25
- Current ratio0.87 · 6/25
- Interest coverage-37.9x · 0/25
- Net cash / debtNet cash · 25/25
Quality65
- Piotroski F6/9 · 15/25
- Beneish M-3.42 · 25/25
- FCF conversionn/a · 0/25
- Margin stabilityσ 3.4% · 25/25
Moat16
- ROIC >12% yearsn/a · 0/25
- Median gross margin25.4% · 6/25
- FCF-positive years3/5 yrs · 10/25
- Worst-year net marginworst -8.4% · 0/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2023FinancialTurned profitable$1.36B net income after a loss year
- FY2023FinancialBest year on record$1.36B net income
- FY2021FinancialRevenue already above $10B$18.4B in first reported year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- Net cash position after subtracting debt from cash
Watch-outs
- Not profitable — 2.2% net margin
- Altman Z-Score 1.55 — elevated financial-distress risk
- Thin interest coverage (-37.9×)
- Loss-making in 2 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+9.9% YoY
- Profitable — makes more than it spends-$767M TTM
- Profit growing — earnings are higher than last year+35.1% YoY
- Generates cash — cash left after running and investing$99.0M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$28.3B market cap
- Not printing shares — share count not ballooning — you keep your slice+30.3% shares over ~5y
- Proven track record — years of profitability behind it3/5 profitable years
- Financially stable — balance sheet not near distressAltman Z 1.5 — distress
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 136.7
Peer comparisonCoupang, Inc. vs 6 largest consumer cyclical peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| CPNG this company | $28.3B | 136.7 | +9.9% | -2.2% | Mixed |
| AMZN Amazon.Com Inc | $2.8T | 20.9 | +15.8% | 17.4% | Mixed |
| TSLA Tesla, Inc. | $1.5T | 397.1 | +11.8% | 3.7% | Strong |
| NFLX NetFlix Inc | $292.8B | 21.4 | +16.0% | 28.2% | Solid |
| HD Home Depot, Inc. | $290.4B | 20.4 | -16.0% | 8.7% | Solid |
| DIS The Walt Disney Company | $186.5B | 21.7 | +4.6% | 8.7% | Solid |
| MCD McDonald's Corporation | $166.9B | 18.9 | +6.3% | 31.7% | Strained |
Head-to-head: CPNG vs AMZN · CPNG vs TSLA · CPNG vs NFLX
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/CPNG
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of CPNG on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $15.76 · market cap $28.3B.