CMRC vs DASH vs BZUN Stock Comparison

Commerce.com, DoorDash and Baozun Prices as of Oct 23, 2026 Peers: Industry group
CMRC Commerce.com, Inc.
$3.56 +9.9% 1M -27.9% 1Y
Market cap
$291.26M
P/E
–
Revenue (TTM)
$346.90M
Div. yield
–
E-commerce Software Technology
DASH DoorDash, Inc.
$179.38 -5.2% 1M -29.5% 1Y
Market cap
$73.02B
P/E
86.8x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
5 wins
BZUN Baozun Inc.
$3.56 +18.7% 1M +1.1% 1Y
Market cap
$212.22M
P/E
–
Revenue (TTM)
$1.51B
Div. yield
–
E-commerce Software Technology
3 wins

Head to Head

8 decided of 12

DoorDash leads on 5 of the 12 questions below (DoorDash 5, Baozun 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCMRCDASHBZUNLeader
Larger companyMarket capitalisation $291.26M $73.02B $212.22M DASH
Cheaper on earningsLower P/E, profitable companies only -50.4x 86.8x -11.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 10.5x 64.5x 7.3x BZUN
Faster revenue growthRevenue growth, trailing twelve months +2.8% +33.6% +12.1% DASH
More profitableNet margin, trailing twelve months -1.7% 5.3% -1.3% DASH
Better return on capitalReturn on invested capital 2.7% — — –
Less leveragedLower net debt / EBITDA -10.4x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -27.9% -29.5% +1.1% BZUN
Better 5-year returnAnnualised price return, 5 years -41.3%/yr -3.5%/yr -28.8%/yr DASH
Less volatileAnnualised volatility, 1 year 77.4% 49.6% 51.4% DASH
Higher overall scoreMean of the five percentile scores vs peers 54/100 54/100 65/100 BZUN

Percentile Scorecard

CMRCDASHBZUN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCMRCDASHBZUN
Valuation 69 #53 of 167 26 #124 of 167 –
Growth 63 #58 of 153 83 #27 of 153 75 #39 of 153
Profitability 51 #76 of 153 63 #58 of 153 58 #65 of 153
Financial Health 69 #57 of 179 57 #77 of 179 62 #69 of 179
Shareholder Returns 17 #78 of 94 43 #54 of 94 –
Overall 54 54 65
  • CMRC ranked among 185 companies in Internet Platforms
  • DASH ranked among 185 companies in Internet Platforms
  • BZUN ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCMRCDASHBZUNSPY
1 month +9.9%-5.2%+18.7% -1.0%
3 months +31.4%+3.7%+43.5% +2.9%
6 months +18.7%+1.5%+27.6% +6.4%
Year to date -13.6%-20.8%+33.8% +11.4%
1 year -27.9%-29.5%+1.1% +13.1%
3 years -63.2%+134.9%+24.9% +79.4%
3 years, per year -28.4%+33.0%+7.7% +21.5%
5 years -93.0%-16.1%-81.6% +67.7%
5 years, per year -41.3%-3.5%-28.8% +10.9%
10 years ——-76.5% +255.2%
10 years, per year ——-13.5% +13.5%

Risk

MeasureCMRCDASHBZUNSPY
Volatility, 1Y 77.4%49.6%51.4% 12.7%
Downside volatility, 1Y 83.9%52.9%46.8% 12.7%
Beta vs S&P 500, 1Y 1.071.431.20 1.00
Return / volatility, 1Y -0.36-0.600.02 1.03
Max drawdown, 5Y -96.7%-82.5%-89.7% -25.4%
From 52-week high -35.4%-32.6%-7.3% -2.5%
52-week high $5.51$266.06$3.84 $779.14
52-week low $2.06$146.60$2.10 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCMRCDASHBZUN
P/E now vs peer median -50.9xmedian 17.5x 92.7xmedian 17.5x -10.8xmedian 17.5x
P/S now vs peer median 0.9xmedian 1.4x 4.9xmedian 1.4x 0.1xmedian 1.4x
EV/EBITDA now vs peer median 9.8xmedian 14.9x 40.3xmedian 14.9x —median 14.9x
P/FCF now vs peer median 15.1xmedian 11.2x 29.9xmedian 11.2x —median 11.2x
P/B now vs peer median 5.7xmedian 1.7x 7.8xmedian 1.7x —median 1.7x
PEG now vs peer median -0.81median 0.42 2.48median 0.42 -0.30median 0.42

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCMRCDASHBZUN
Revenue $346.90M $15.89B $1.51B
Gross profit $267.70M $8.17B $1.12B
Operating income $1.45M $712.00M $30.89M
Net income -$5.78M $841.00M $608.00K
Free cash flow $19.55M $2.60B –
R&D $71.21M $1.71B $67.81M
EPS (diluted) $-0.07 $1.91 $-0.33
Cash & equivalents $57.17M $4.42B $175.91M
Total debt $12.13M – $706.06M
Shares (diluted) 82.79M 439.35M 57.83M
Enterprise value -$303.33M $52.39B -$1.35B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCMRCDASHBZUN
P/E -50.9x 92.7x -10.8x
P/FCF 15.1x 29.9x –
P/Operating cash flow 8.4x 27.5x –
P/S 0.9x 4.9x 0.1x
P/B 5.7x 7.8x –
P/Tangible book 6.8x 9.8x –
EV/EBITDA 9.8x 40.3x –
EV/EBIT 98.3x 101.6x -1.3x
EV/Revenue 0.4x 4.6x 0.0x
EV/FCF 7.3x 27.9x –
EV/Operating cash flow 4.1x 25.6x –
PEG (3Y EPS CAGR) -0.81 2.48 -0.30

Growth

14 metrics
MetricCMRCDASHBZUN
Revenue growth (1Y) 2.8% 33.6% 12.1%
Revenue CAGR (3Y) 5.9% 27.4% 7.6%
Gross profit growth (1Y) 1.6% 37.3% 13.7%
Gross profit CAGR (3Y) 6.8% 32.2% 7.8%
Operating income growth (1Y) 105.0% 31.4% 261.3%
Operating income CAGR (3Y) 26.3% 38.8% 109.5%
Net income growth (1Y) 68.1% 7.1% 104.3%
Net income CAGR (3Y) 61.9% 38.6% 26.2%
EPS growth (1Y) 69.1% 7.4% 24.0%
EPS CAGR (3Y) 63.2% 37.3% 36.5%
Operating cash flow growth (1Y) 9.7% 29.3% –
Operating cash flow CAGR (3Y) 37.3% 40.9% –
Free cash flow growth (1Y) -29.1% 30.8% –
Free cash flow CAGR (3Y) 32.2% 45.2% –

Profitability

14 metrics
MetricCMRCDASHBZUN
Gross margin 77.2% 51.4% 74.2%
EBITDA margin 4.2% 11.3% –
Operating margin 0.4% 4.5% 2.1%
Pretax margin -1.3% 5.5% 0.6%
Net margin -1.7% 5.3% -1.3%
FCF margin 5.6% 16.3% –
Operating cash flow margin 10.1% 17.8% –
Return on equity -11.8% 8.3% –
Return on assets -1.8% 4.3% 0.0%
Return on invested capital 2.7% – –
Return on capital employed 0.7% 5.3% 3.5%
Asset turnover 1.1x 0.8x 1.1x
Cash conversion (OCF / net income) -6.1x 3.4x –
Stock comp / revenue 5.5% 7.0% –

Financial Health

11 metrics
MetricCMRCDASHBZUN
Debt / assets 1.2% – 12.9%
Debt / equity 0.1x – –
Net debt / EBITDA -10.4x – –
Debt / FCF 0.2x – –
Liabilities / assets 84.1% 49.3% 42.4%
Equity / assets 15.9% 50.7% –
Interest coverage 0.1x – 5.6x
Current ratio 2.0x 1.4x 1.9x
Quick ratio 2.0x 1.1x 1.4x
Cash ratio 1.4x 0.9x 0.8x
Altman Z-score -0.58 5.55 –

Shareholder Returns

7 metrics
MetricCMRCDASHBZUN
Dividend yield – – –
Net buyback yield -0.4% 1.3% –
Shareholder yield -0.4% 1.3% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCMRCDASHBZUN
Forward P/E 10.5xFY2026 64.5xFY2026 7.3xFY2026
EPS, next fiscal year $0.34FY2026 $2.78FY2026 $0.49FY2026
EPS growth, next FY +30.8%FY2026 +30.5%FY2026 –
EPS growth, the year after +76.5% +79.5% +75.5%
Revenue, next fiscal year $356.73MFY2026 $18.88BFY2026 $1.70BFY2026
Revenue growth, next FY +4.2%FY2026 +37.6%FY2026 +20.0%FY2026
Revenue growth, the year after -11.3% +11.2% -5.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCMRCDASHBZUN
Held by institutions 74.0% 88.2% 23.6%
Institutions holding 154 1,043 69
Change in shares held, QoQ +3.3% +7.4% +11.5%
Institutions buying 88 578 21
Institutions selling 40 349 23
Buyers to sellers 2.20 1.66 0.91

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CMRCDASHBZUN
CMRC 1.00 0.28 0.23
DASH 0.28 1.00 0.16
BZUN 0.23 0.16 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CMRC, DASH and BZUN?

DoorDash (DASH) is the largest by market capitalisation: Commerce.com (CMRC) $291.26M, DoorDash (DASH) $73.02B, Baozun (BZUN) $212.22M.

Which company is growing faster?

DoorDash (DASH) grew revenue fastest over the trailing twelve months: Commerce.com (CMRC) +2.8%, DoorDash (DASH) +33.6%, Baozun (BZUN) +12.1%.

Which company is more profitable?

DoorDash (DASH) has the highest net margin (Commerce.com (CMRC) -1.7%, DoorDash (DASH) 5.3%, Baozun (BZUN) -1.3%).

Which stock has performed better?

Over the past year Baozun (BZUN) returned the most: Commerce.com (CMRC) -27.9%, DoorDash (DASH) -29.5%, Baozun (BZUN) +1.1%. Over five years, DoorDash (DASH) compounded fastest (Commerce.com (CMRC) -41.3%/yr, DoorDash (DASH) -3.5%/yr, Baozun (BZUN) -28.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, DoorDash (DASH) has been the steadiest (Commerce.com (CMRC) 77.4%, DoorDash (DASH) 49.6%, Baozun (BZUN) 51.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CMRC, DASH and BZUN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, DoorDash (DASH) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.