Valuation JD.com, Inc.

Equities

Market Closed - Nasdaq Other stock markets 21:00:00 05/12/2025 GMT			After hours 00:59:15
29.90 ^USD	+0.54%		30.20	+1.00%

12-03	Sector Update: Consumer Stocks Edge Higher Pre-Bell Wednesday	MT
12-03	Wall Street's Dovish Delusion?

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	299,962	-	-
Change	-	-23.12%	-11.36%	-46.81%	13.8%	-18.22%	-	-
Enterprise Value (EV) ¹	758,547	512,197	428,490	179,195	196,871	182,912	177,568	150,602
Change	-	-32.48%	-16.34%	-58.18%	9.86%	-7.09%	-2.92%	-15.19%
P/E ratio	18.1x	-194x	60.3x	13.5x	9.42x	13.8x	10.2x	6.83x
PBR	4.75x	3.31x	2.85x	1.39x	1.53x	1.26x	1.16x	1.06x
PEG	-	2x	-0x	0x	0.1x	-0.3x	0.3x	0.1x
Capitalization / Revenue	1.19x	0.72x	0.58x	0.3x	0.32x	0.23x	0.21x	0.2x
EV / Revenue	1.02x	0.54x	0.41x	0.17x	0.17x	0.14x	0.13x	0.1x
EV / EBITDA	36.7x	27.4x	12.8x	4.22x	3.79x	8.76x	4.73x	2.55x
EV / EBIT	61.5x	124x	21.7x	6.89x	5.08x	25.9x	6.43x	3.52x
EV / FCF	21.7x	19.5x	10.7x	4.36x	4.49x	5.28x	4.21x	2.7x
FCF Yield	4.6%	5.12%	9.37%	23%	22.3%	19%	23.8%	37%
Dividend per Share ²	-	-	4.261	5.469	7.251	5.971	6.102	7.365
Rate of return	-	-	1.1%	2.67%	2.87%	2.82%	2.89%	3.48%
EPS ²	31.68	-2.29	6.42	15.23	26.86	15.37	20.76	30.96
Distribution rate	-	-	66.4%	35.9%	27%	38.8%	29.4%	23.8%
Net sales ¹	745,802	951,592	1,046,236	1,084,662	1,158,819	1,323,075	1,398,600	1,488,275
EBITDA ¹	20,681	18,712	33,602	42,452	51,923	20,875	37,551	58,968
EBIT ¹	12,343	4,141	19,723	26,025	38,736	7,069	27,626	42,755
Net income ¹	49,405	-3,560	10,380	24,167	41,359	23,422	31,713	42,866
Net Debt ¹	-130,871	-171,577	-177,577	-143,146	-169,939	-117,051	-122,394	-149,360
Reference price ²	573.86	445.13	387.14	204.86	253.06	211.39	211.39	211.39
Nbr of stocks (in thousands)	1,549,877	1,536,133	1,565,500	1,573,500	1,449,500	1,419,000	-	-
Announcement Date	11/03/21	10/03/22	09/03/23	06/03/24	06/03/25	-	-	-

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.	13.75x	0.14x	8.76x	2.82%	42.43B
AMAZON.COM, INC.	32.61x	3.35x	14.2x	-.--%	2,454B
COUPANG, INC.	157.25x	1.27x	36.44x	-.--%	49.52B
WAYFAIR INC.	-62.79x	1.12x	19.3x	0.01%	12.41B
ALLEGRO.EU S.A.	20.89x	2.79x	9.85x	-.--%	8.67B
FSN E-COMMERCE VENTURES LIMITED	355.62x	7.39x	102.52x	-.--%	8.1B
MONOTARO CO., LTD.	35.52x	3.29x	20.99x	1.4%	7.23B
ETSY, INC.	39.32x	2.33x	9.28x	-.--%	5.26B
OCADO GROUP PLC	2.88x	1.91x	14.87x	-.--%	2.04B
Average	66.12x	2.62x	26.25x	0.47%	287.71B
Weighted average by Cap.	35.19x	3.25x	14.84x	0.05%