Valuation JD.com, Inc.

Equities

Market Closed - Nasdaq Other stock markets 21:00:00 09/04/2026 BST			Pre-market 13:32:18
28.34 ^USD	-2.44%		28.59	+0.88%

12:30pm	JD.com Closes Chinese Renminbi-Denominated Debt Offering	MT
12:10pm	JD.com announces completion of CNY10 billion offering of CNY-denominated senior notes	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	889,419	683,774	606,067	322,341	366,810	265,510	265,510	-
Change	-	-23.12%	-11.36%	-46.81%	13.8%	-27.62%	0%	-
Enterprise Value (EV) ¹	758,547	512,197	428,490	179,195	196,871	142,104	149,685	139,986
Change	-	-32.48%	-16.34%	-58.18%	9.86%	-27.82%	-3.12%	-6.48%
P/E ratio	18.1x	-194x	60.3x	13.5x	9.42x	15.6x	11.9x	7.94x
PBR	4.75x	3.31x	2.85x	1.39x	1.53x	1.25x	1.16x	1.06x
PEG	-	2x	-0x	0x	0.1x	-0.3x	1x	0.2x
Capitalization / Revenue	1.19x	0.72x	0.58x	0.3x	0.32x	0.22x	0.19x	0.18x
EV / Revenue	1.02x	0.54x	0.41x	0.17x	0.17x	0.11x	0.11x	0.09x
EV / EBITDA	36.7x	27.4x	12.8x	4.22x	3.79x	7.75x	4.76x	2.89x
EV / EBIT	61.5x	124x	21.7x	6.89x	5.08x	51.2x	9.69x	4.84x
EV / FCF	21.7x	19.5x	10.7x	4.36x	4.49x	22.7x	3.56x	2.38x
FCF Yield	4.6%	5.12%	9.37%	23%	22.3%	4.4%	28.1%	42.1%
Dividend per Share ²	-	-	4.261	5.469	7.251	6.891	6.842	7.984
Rate of return	-	-	1.1%	2.67%	2.87%	3.43%	3.53%	4.12%
EPS ²	31.68	-2.29	6.42	15.23	26.86	12.9	16.25	24.38
Distribution rate	-	-	66.4%	35.9%	27%	53.4%	42.1%	32.7%
Net sales ¹	745,802	951,592	1,046,236	1,084,662	1,158,819	1,309,085	1,389,458	1,478,280
EBITDA ¹	20,681	18,712	33,602	42,452	51,923	18,344	31,451	48,518
EBIT ¹	12,343	4,141	19,723	26,025	38,736	2,774	15,453	28,918
Net income ¹	49,405	-3,560	10,380	24,167	41,359	19,631	24,221	34,545
Net Debt ¹	-130,871	-171,577	-177,577	-143,146	-169,939	-142,745	-115,824	-125,524
Reference price ²	573.86	445.13	387.14	204.86	253.06	193.66	193.66	193.66
Nbr of stocks (in thousands)	1,549,877	1,536,133	1,565,500	1,573,500	1,449,500	1,371,000	1,371,000	-
Announcement Date	11/03/21	10/03/22	09/03/23	06/03/24	06/03/25	05/03/26	-	-

¹CNY in Million²CNY

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
JD.COM, INC.	13.3x	0.12x	7.51x	3.32%	38.85B
AMAZON.COM, INC.	30.06x	3.06x	11.75x	-.--%	2,508B
COUPANG, INC.	127.29x	0.8x	21.76x	-.--%	35.94B
WAYFAIR INC.	189.21x	0.82x	12.85x	0.02%	9.55B
FSN E-COMMERCE VENTURES LIMITED	345.25x	7.39x	100.13x	-.--%	7.9B
ALLEGRO.EU S.A.	15.08x	2.25x	7.76x	-.--%	7.52B
MONOTARO CO., LTD.	24.24x	2.29x	14.41x	2.05%	5.63B
ETSY, INC.	17.25x	2.37x	8.18x	-.--%	5.14B
OCADO GROUP PLC	-8.89x	1.78x	12.3x	-.--%	2.15B
Average	83.64x	2.32x	21.85x	0.6%	291.21B
Weighted average by Cap.	32.56x	2.99x	12.08x	0.05%