JD.Com Inc
HKEX:9618

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JD.Com Inc
HKEX:9618
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Price: 116.5 HKD 0.26% Market Closed
Market Cap: 370.4B HKD

Relative Value

The Relative Value of one JD.Com Inc stock under the Base Case scenario is 192.38 HKD. Compared to the current market price of 116.5 HKD, JD.Com Inc is Undervalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
192.38 HKD
Undervaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
95
vs Industry
54
Median 3Y
0.3
Median 5Y
0.4
Industry
0.6
Forward
0.3
vs History
68
vs Industry
46
Median 3Y
12.5
Median 5Y
13.4
Industry
17.2
Forward
10.7
vs History
34
vs Industry
37
Median 3Y
8.2
Median 5Y
12.3
Industry
8.6
vs History
34
vs Industry
41
Median 3Y
8.1
Median 5Y
12.3
Industry
17.3
vs History
84
vs Industry
36
Median 3Y
1.7
Median 5Y
2.1
Industry
1.7
vs History
85
vs Industry
74
Median 3Y
0.2
Median 5Y
0.3
Industry
0.7
Forward
0.1
vs History
87
vs Industry
56
Median 3Y
1.3
Median 5Y
1.9
Industry
2.3
vs History
52
vs Industry
42
Median 3Y
6.9
Median 5Y
13.3
Industry
8.5
Forward
5.8
vs History
52
vs Industry
53
Median 3Y
7.3
Median 5Y
13.9
Industry
13.2
Forward
9.3
vs History
42
vs Industry
57
Median 3Y
5.2
Median 5Y
7.9
Industry
10.1
vs History
46
vs Industry
54
Median 3Y
5.4
Median 5Y
8.3
Industry
14.4
vs History
87
vs Industry
43
Median 3Y
0.8
Median 5Y
1.2
Industry
1.1

Multiples Across Competitors

Competitors Multiples
JD.Com Inc Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
JD.Com Inc
HKEX:9618
370.4B HKD 0.3 10.5 11.3 11.3
US
Amazon.com Inc
NASDAQ:AMZN
2.5T USD 3.6 32.6 17.7 32.1
ZA
Naspers Ltd
JSE:NPN
836.4B Zac 0 0 0 0
CN
Alibaba Group Holding Ltd
NYSE:BABA
375.3B USD 2.6 21.2 21.9 21.9
CN
PDD Holdings Inc
NASDAQ:PDD
164.8B USD 2.8 11.4 8 8
NL
Prosus NV
AEX:PRX
129.1B EUR 24.3 12.1 775.7 775.7
AR
Mercadolibre Inc
NASDAQ:MELI
104.6B USD 4 50.3 26.3 32.5
UY
MercadoLibre Inc
BMV:MELIN
1.9T MXN 4 50.5 26.4 32.6
US
DoorDash Inc
NASDAQ:DASH
84.7B USD 6.7 98.2 63.2 119.7
CN
Meituan
HKEX:3690
626.3B HKD 1.6 19.3 14.5 14.5
KR
Coupang Inc
NYSE:CPNG
51.3B USD 1.5 131.6 36.1 59.3
P/S Multiple
Revenue Growth P/S to Growth
CN
JD.Com Inc
HKEX:9618
Average P/S: 5.1
0.3
9%
0
US
Amazon.com Inc
NASDAQ:AMZN
3.6
12%
0.3
ZA
N
Naspers Ltd
JSE:NPN
Not Available
14%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
2.6
9%
0.3
CN
PDD Holdings Inc
NASDAQ:PDD
2.8
13%
0.2
NL
Prosus NV
AEX:PRX
24.3
23%
1.1
AR
Mercadolibre Inc
NASDAQ:MELI
4
29%
0.1
UY
MercadoLibre Inc
BMV:MELIN
4
29%
0.1
US
D
DoorDash Inc
NASDAQ:DASH
6.7
24%
0.3
CN
Meituan
HKEX:3690
1.6
14%
0.1
KR
Coupang Inc
NYSE:CPNG
1.5
15%
0.1
P/E Multiple
Earnings Growth PEG
CN
JD.Com Inc
HKEX:9618
Average P/E: 43.8
10.5
10%
1
US
Amazon.com Inc
NASDAQ:AMZN
32.6
21%
1.6
ZA
N
Naspers Ltd
JSE:NPN
Not Available
1%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21.2
17%
1.2
CN
PDD Holdings Inc
NASDAQ:PDD
11.4
9%
1.3
NL
Prosus NV
AEX:PRX
12.1
-1%
N/A
AR
Mercadolibre Inc
NASDAQ:MELI
50.3
34%
1.5
UY
MercadoLibre Inc
BMV:MELIN
50.5
34%
1.5
US
D
DoorDash Inc
NASDAQ:DASH
98.2
179%
0.5
CN
Meituan
HKEX:3690
19.3
10%
1.9
KR
Coupang Inc
NYSE:CPNG
131.6
128%
1
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
JD.Com Inc
HKEX:9618
Average EV/EBITDA: 100.1
11.3
12%
0.9
US
Amazon.com Inc
NASDAQ:AMZN
17.7
26%
0.7
ZA
N
Naspers Ltd
JSE:NPN
Not Available
70%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21.9
15%
1.5
CN
PDD Holdings Inc
NASDAQ:PDD
8
12%
0.7
NL
Prosus NV
AEX:PRX
775.7
107%
7.2
AR
Mercadolibre Inc
NASDAQ:MELI
26.3
32%
0.8
UY
MercadoLibre Inc
BMV:MELIN
26.4
32%
0.8
US
D
DoorDash Inc
NASDAQ:DASH
63.2
104%
0.6
CN
Meituan
HKEX:3690
14.5
13%
1.1
KR
Coupang Inc
NYSE:CPNG
36.1
57%
0.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
JD.Com Inc
HKEX:9618
Average EV/EBIT: 110.8
11.3
8%
1.4
US
Amazon.com Inc
NASDAQ:AMZN
32.1
21%
1.5
ZA
N
Naspers Ltd
JSE:NPN
Not Available
101%
N/A
CN
Alibaba Group Holding Ltd
NYSE:BABA
21.9
11%
2
CN
PDD Holdings Inc
NASDAQ:PDD
8
14%
0.6
NL
Prosus NV
AEX:PRX
775.7
93%
8.3
AR
Mercadolibre Inc
NASDAQ:MELI
32.5
35%
0.9
UY
MercadoLibre Inc
BMV:MELIN
32.6
35%
0.9
US
D
DoorDash Inc
NASDAQ:DASH
119.7
301%
0.4
CN
Meituan
HKEX:3690
14.5
13%
1.1
KR
Coupang Inc
NYSE:CPNG
59.3
79%
0.8