Stock Analysis
Coupang, Inc.CPNG
Sector: Consumer Cyclical · Industry: Retail-Catalog & Mail-Order Houses
AnalystsStrong Buy22 analystsPrice is 3% of the way from the year's low to its high.
Cash covers 108% of debt · Q2 2026.
PMP Verdict
Cheap for a reason — weak fundamentals
Strengths
- Quality65
Risks
- Profitability0
- Growth20
Cheap for a reason — fundamentals remain weak.
Market context
-3.5% today· Z 1.6σ
Bull Case
- ✓Revenue CAGR 17.0% — durable top-line growth
What's happening with CPNG
Profile
profitability, moat, growth and financial health lag behind.
How is each axis scored?
- Valuation50/100 · Moderate
- P/E vs own history (n/a)10/25
- FCF yield (0.4%)5/25
- P/S (0.7x)25/25
- EV/EBIT (n/a)10/25
- Growth20/100 · Weak
- Revenue CAGR (17.0%)20/25
- Net income CAGR (n/a)0/25
- EPS CAGR 5Y (n/a)0/25
- Fwd implied growth (n/a)0/25
- Profitability0/100 · Weak
- ROIC (-19.8%)0/25
- ROE (-25.7%)0/25
- Net margin (-2.2%)0/25
- Operating margin (-1.8%)0/25
- Financial Health44/100 · Weak
- Altman Z (1.48)3/25
- Current ratio (0.87)6/25
- Interest coverage (3.6x)10/25
- Net cash / debt (Net cash)25/25
- Quality65/100 · Moderate
- Piotroski F (6/9)15/25
- Beneish M (-3.42)25/25
- FCF conversion (n/a)0/25
- Margin stability (σ 3.4%)25/25
- Moat16/100 · Weak
- ROIC >12% years (n/a)0/25
- Median gross margin (25.4%)6/25
- FCF-positive years (3/5 yrs)10/25
- Worst-year net margin (worst -8.4%)0/25
Risk Flags
- ⚠Altman Z 1.5 — distress-zone balance sheet
- ⚠2 loss-making years in recent history
About Coupang, Inc.
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Show more
Headquartered in the US, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.
Headquarters: SEATTLE, WA · Employees: 108,000 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
50CP/E (TTM)—
Price / TTM EPS (own statements)
P/FCF54.4xD
Grade D: ExpensivePrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
FCF Yield0.4%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: -6.4%–7.4% · 36th pct · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
P/S (TTM)0.72xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.7x–3.8x · lowest in history
EV/EBITDA37.5xD
Grade D: ExpensiveEnterprise value / EBITDA (Finnhub) — capital-structure neutral
EV/Sales0.7xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E—
Price / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio8.59xD
Grade D: Very expensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio—
Finnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield—
TTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio—
Dividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Heavy investment: Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
Profitability
0EROIC-19.8%D
Grade D: LowNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE-25.7%D
Grade D: WeakReturn on Equity. Neg. equity = heavy buybacks
ROA-4.3%D
Grade D: WeakReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin-2.2%D
Grade D: LowNet Income / Revenue
Operating Margin-1.8%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin28.4%D
Grade D: LowGross Profit / Revenue
FCF Margin0.3%D
Grade D: LowFCF / Revenue · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
True FCF Margin-1.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
Growth
20ERevenue CAGR17.0%A
Grade A: HighCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR—
Compound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)—
Compound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth—
Analyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)+64.5%D
Grade D: DilutiveShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue1.5%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
44D+Altman Z-Score1.48D
Grade D: DistressBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio0.87xD
Grade D: LowCurrent Assets/Liabilities
Quick Ratio0.68xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage3.6xC
Grade C: OkEBIT/Interest. >10 Strong
Debt RepaymentNet CashA
Grade A: FastYears to repay net debt via FCF · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
Net Debt/EBIT0.8xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity1.89xC
Grade C: MedDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt1.08xA
Grade A: CoveredCash covers how much of total debt. >1 = could repay all debt from cash
Quality
65BPiotroski F-Score6/9C
Grade C: AverageFinancial strength 0–9. >7 Strong
Beneish M-Score-3.42A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion—
FCF / Net Income · Heavy investment cycle — CapEx = 93% of operating cash flow, significantly depressing reported FCF
Margin Stability3.4%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue3.7%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.99xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Lee Jonathan D. Filed | Lee Jonathan D. | SellOpen market sale | -5519 | |
Rogers Harold Filed | Rogers Harold | SellOpen market sale | -192110 | |
Lee Jonathan D. Filed | Lee Jonathan D. | SellOpen market sale | -5519 | |
Toubassy Ambereen Filed | Toubassy Ambereen | Grant / award | +19.6K | |
Sun Benjamin Filed | Sun Benjamin | Grant / award | +19.3K |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Sharma Asha Filed | Sharma Asha | Grant / award | +18.0K | |
MEHTA NEIL Filed | MEHTA NEIL | Grant / award | +17.4K | |
Franceschi Pedro Filed | Franceschi Pedro | Grant / award | +18.0K |
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
16EROIC >12% Years—
Share of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)25.4%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years3/5 yrsD
Grade D: WeakShare of completed fiscal years with positive free cash flow
Net Margin Floor-8.4%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)—
TTM net income per share (Finnhub fallback)
Cash / Share$3.41
Cash & short-term investments per share (Finnhub)
Book Value / Share$1.67
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$5.63B
Total debt obligations (short + long term)
Cash & Equiv.$6.11B
Cash and short-term investments
Net Debt$-477.00MA
Grade A: Net CashTotal Debt minus Cash. Negative = Net Cash position
Total Equity$2.99B
Shareholders' equity (book value)
Asset / Liability1.21xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$25.67B
Current Market Capitalization
Beta1.17B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 16, 2026
Key Insights: Coupang, Inc. (CPNG)
CPNG is down 3.52% at the last close. Piotroski F-Score of 6/9 indicates mixed fundamentals for Coupang, Inc.. Altman Z-Score of 1.48 is below the 1.81 distress threshold — an elevated financial-risk flag. Beneish M-Score of -3.42 suggests a low likelihood of earnings manipulation.
- Revenue has compounded at roughly 17% annually — a strong growth profile.
- Company is effectively debt-free after netting cash.
- Coupang, Inc. posted a net loss in 2 of 5 available completed fiscal years (2021–2025).
See how CPNG ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all CPNG moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 14 | Regular | 14.39 | -4.86% | -2.64 |
| Oct 14 | After-hours | 14.34 | -5.16% | -2.80 |
| Oct 12 | After-hours | 15.23 | -3.72% | -2.05 |
| Oct 8 | Regular | 15.40 | +3.95% | 2.11 |
| Oct 5 | Regular | 14.22 | +3.16% | 2.30 |
Frequently Asked Questions about CPNG
What is the current Coupang, Inc. (CPNG) stock price?
CPNG is trading at $14.27 at the last market close, down 3.52% on the session. PreMarketPrice tracks CPNG pre-market, intraday and after-hours prices.
Is CPNG stock a buy right now?
PreMarketPrice's quantitative model rates Coupang, Inc.'s financial health at 44/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is CPNG stock overvalued?
Coupang, Inc. trades at a trailing P/E of n/a and our valuation score rates it 50/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does Coupang, Inc. report earnings?
No confirmed earnings date is currently scheduled for CPNG. The Earnings section lists recent reports and updates as dates are announced.
What sector does Coupang, Inc. operate in?
Coupang, Inc. operates in the Consumer Cyclical sector, within the Retail-Catalog & Mail-Order Houses industry. The Related Stocks section lists sector peers for comparison.
What does Coupang, Inc. do?
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory.
About Coupang, Inc. (CPNG) Stock
Coupang, Inc. (CPNG) is a US-listed stock operating in the Consumer Cyclical sector, specifically the Retail-Catalog & Mail-Order Houses industry. As of the latest update, Coupang, Inc. is trading at $14.27, down 3.52% on the day with a market capitalization of $25.7 billion. The financial health score for CPNG is 44/100, which indicates weak financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for CPNG stock.
CPNG Stock Analysis & Key Metrics
On PreMarketPrice, you can track Coupang, Inc. (CPNG) across multiple dimensions:
- Pre-market price & movement: Real-time CPNG stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for CPNG with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for Coupang, Inc. across multiple reporting periods.
- Financial health score: A composite score of 44/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for CPNG.
- Sector peers: Compare CPNG against 6 other consumer cyclical stocks on key financial metrics.
Is CPNG a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate Coupang, Inc. (CPNG) as an investment. The financial health score of 44/100 suggests weak financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.Coupang, Inc. (CPNG) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.