CPNG vs DASH vs JD Stock Comparison

Coupang, DoorDash and JD.com Prices as of Oct 26, 2026 Peers: Industry group
CPNG Coupang, Inc.
$13.75 -0.9% 1M -55.9% 1Y
Market cap
$24.84B
P/E
–
Revenue (TTM)
$35.46B
Div. yield
–
Online Retail Consumer Discretionary
DASH DoorDash, Inc.
$168.44 -12.9% 1M -34.8% 1Y
Market cap
$72.92B
P/E
86.7x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
4 wins
JD JD.com, Inc.
$25.24 -4.8% 1M -24.0% 1Y
Market cap
$35.92B
P/E
16.8x
Revenue (TTM)
$189.20B
Div. yield
–
Online Retail Consumer Discretionary
6 wins

Head to Head

10 decided of 12

JD.com leads on 6 of the 12 questions below (JD.com 6, DoorDash 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCPNGDASHJDLeader
Larger companyMarket capitalisation $24.84B $72.92B $35.92B DASH
Cheaper on earningsLower P/E, profitable companies only -32.4x 86.7x 16.8x JD
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 60.6x 8.4x JD
Faster revenue growthRevenue growth, trailing twelve months +9.9% +33.6% +7.6% DASH
More profitableNet margin, trailing twelve months -2.2% 5.3% 1.1% DASH
Better return on capitalReturn on invested capital -10.6% — 0.6% JD
Less leveragedLower net debt / EBITDA 49.4x — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -55.9% -34.8% -24.0% JD
Better 5-year returnAnnualised price return, 5 years -14.2%/yr -3.3%/yr -20.8%/yr DASH
Less volatileAnnualised volatility, 1 year 48.1% 50.1% 29.7% JD
Higher overall scoreMean of the five percentile scores vs peers 33/100 54/100 65/100 JD

Percentile Scorecard

CPNGDASHJD

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

AxisCPNGDASHJD
Valuation 11 #93 of 104 27 #122 of 167 96 #5 of 104
Growth 10 #89 of 99 82 #28 of 153 33 #67 of 99
Profitability 21 #78 of 99 62 #59 of 153 39 #61 of 99
Financial Health 33 #76 of 113 57 #77 of 179 74 #30 of 113
Shareholder Returns 88 #10 of 73 43 #54 of 94 85 #12 of 73
Overall 33 54 65
  • CPNG ranked among 115 companies in Retail
  • DASH ranked among 185 companies in Internet Platforms
  • JD ranked among 115 companies in Retail

Price Performance

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

Returns

PeriodCPNGDASHJDSPY
1 month -0.9%-12.9%-4.8% -0.8%
3 months -13.7%-8.6%-18.4% +3.5%
6 months -32.9%-3.2%-15.2% +7.0%
Year to date -41.7%-25.6%-12.1% +12.2%
1 year -55.9%-34.8%-24.0% +13.0%
3 years -19.2%+138.4%-1.6% +86.3%
3 years, per year -6.9%+33.6%-0.5% +23.1%
5 years -53.6%-15.3%-68.8% +68.6%
5 years, per year -14.2%-3.3%-20.8% +11.0%
10 years ——-4.7% +258.0%
10 years, per year ——-0.5% +13.6%

Risk

MeasureCPNGDASHJDSPY
Volatility, 1Y 48.1%50.1%29.7% 12.7%
Downside volatility, 1Y 50.1%53.4%27.2% 12.7%
Beta vs S&P 500, 1Y 1.371.390.61 1.00
Return / volatility, 1Y -1.16-0.69-0.81 1.02
Max drawdown, 5Y -69.3%-82.5%-76.6% -25.4%
From 52-week high -57.2%-36.7%-26.9% -1.8%
52-week high $32.13$266.06$34.53 $779.14
52-week low $13.75$146.60$25.19 $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.

MultipleCPNGDASHJD
P/E now vs peer median -32.3xmedian 16.7x 87.0xmedian 17.5x 16.8xmedian 16.7x
P/S now vs peer median 0.7xmedian 0.5x 4.6xmedian 1.4x 0.2xmedian 0.5x
EV/EBITDA now vs peer median -297.6xmedian 9.0x 37.6xmedian 14.5x —median 9.0x
P/FCF now vs peer median 248.9xmedian 16.5x 28.1xmedian 12.1x 4.1xmedian 16.5x
P/B now vs peer median 8.2xmedian 1.7x 7.4xmedian 1.7x 0.7xmedian 1.7x
PEG now vs peer median 0.58median 0.72 2.33median 0.41 -1.75median 0.72

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 monthsCPNGDASHJD
Revenue $35.46B $15.89B $189.20B
Gross profit $10.06B $8.17B $31.39B
Operating income -$628.00M $712.00M $238.00M
Net income -$767.00M $841.00M $2.85B
Free cash flow $99.00M $2.60B $7.50B
R&D – $1.71B $3.82B
EPS (diluted) $-0.43 $1.91 $1.44
Cash & equivalents $6.11B $4.42B $13.11B
Total debt $2.60B – $14.71B
Shares (diluted) 1.80B 439.35M 1.49B
Enterprise value -$1.12B $52.29B -$84.28B

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
MetricCPNGDASHJD
P/E -32.3x 87.0x 16.8x
P/FCF 248.9x 28.1x 4.1x
P/Operating cash flow 17.3x 25.8x 4.1x
P/S 0.7x 4.6x 0.2x
P/B 8.2x 7.4x 0.7x
P/Tangible book 8.7x 9.2x 0.8x
EV/EBITDA -297.6x 37.6x –
EV/EBIT -33.7x 95.0x 2.1x
EV/Revenue 0.6x 4.3x 0.0x
EV/FCF 213.5x 26.1x 0.1x
EV/Operating cash flow 14.8x 23.9x 0.1x
PEG (3Y EPS CAGR) 0.58 2.33 -1.75

Growth

14 metrics
MetricCPNGDASHJD
Revenue growth (1Y) 9.9% 33.6% 7.6%
Revenue CAGR (3Y) 17.1% 27.4% 7.5%
Gross profit growth (1Y) 4.3% 37.3% 11.3%
Gross profit CAGR (3Y) 22.6% 32.2% -15.7%
Operating income growth (1Y) -186.7% 31.4% -94.3%
Operating income CAGR (3Y) -52.0% 38.8% -61.0%
Net income growth (1Y) -310.1% 7.1% -51.0%
Net income CAGR (3Y) -55.9% 38.6% -3.5%
EPS growth (1Y) -316.7% 7.4% -58.9%
EPS CAGR (3Y) -55.9% 37.3% -9.6%
Operating cash flow growth (1Y) -25.4% 29.3% 119.5%
Operating cash flow CAGR (3Y) -10.1% 40.9% 1.2%
Free cash flow growth (1Y) -87.3% 30.8% 119.5%
Free cash flow CAGR (3Y) -55.0% 45.2% 1.2%

Profitability

14 metrics
MetricCPNGDASHJD
Gross margin 28.4% 51.4% 16.6%
EBITDA margin -0.2% 11.3% –
Operating margin -1.8% 4.5% 0.1%
Pretax margin -1.7% 5.5% 1.8%
Net margin -2.2% 5.3% 1.1%
FCF margin 0.3% 16.3% 4.0%
Operating cash flow margin 4.0% 17.8% 4.0%
Return on equity -22.2% 8.3% 6.9%
Return on assets -4.4% 4.3% 2.8%
Return on invested capital -10.6% – 0.6%
Return on capital employed -9.3% 5.3% 0.5%
Asset turnover 2.0x 0.8x 1.8x
Cash conversion (OCF / net income) -1.9x 3.4x 2.6x
Stock comp / revenue 1.5% 7.0% –

Financial Health

11 metrics
MetricCPNGDASHJD
Debt / assets 15.0% – 2.4%
Debt / equity 0.9x – 0.1x
Net debt / EBITDA 49.4x – –
Debt / FCF 26.3x – 0.3x
Liabilities / assets 82.8% 49.3% 61.1%
Equity / assets 17.2% 50.7% 38.9%
Interest coverage -8.3x – 0.6x
Current ratio 0.9x 1.4x 1.1x
Quick ratio 0.6x 1.1x 0.6x
Cash ratio 0.6x 0.9x 0.6x
Altman Z-score 2.46 5.26 –

Shareholder Returns

7 metrics
MetricCPNGDASHJD
Dividend yield – – 4.0%
Net buyback yield 4.4% 1.4% –
Shareholder yield 4.4% 1.4% 4.0%
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.

ConsensusCPNGDASHJD
Forward P/E – 60.6xFY2026 8.4xFY2026
EPS, next fiscal year $-0.51FY2026 $2.78FY2026 $3.00FY2026
EPS growth, next FY -563.6%FY2026 +30.5%FY2026 +17.6%FY2026
EPS growth, the year after – +79.1% +41.7%
Revenue, next fiscal year $36.30BFY2026 $18.88BFY2026 $193.47BFY2026
Revenue growth, next FY +5.1%FY2026 +37.6%FY2026 +3.4%FY2026
Revenue growth, the year after +23.5% +11.2% +2.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCPNGDASHJD
Held by institutions 81.8% 88.2% 16.2%
Institutions holding 588 1,043 424
Change in shares held, QoQ -2.8% +7.4% +10.6%
Institutions buying 262 578 220
Institutions selling 243 349 130
Buyers to sellers 1.08 1.66 1.69

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.

CPNGDASHJD
CPNG 1.00 0.35 0.11
DASH 0.35 1.00 0.07
JD 0.11 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CPNG, DASH and JD?

DoorDash (DASH) is the largest by market capitalisation: Coupang (CPNG) $24.84B, DoorDash (DASH) $72.92B, JD.com (JD) $35.92B.

Which stock is cheaper, CPNG, DASH and JD?

JD.com (JD) trades on the lowest price-to-earnings ratio (Coupang (CPNG) -32.4x, DoorDash (DASH) 86.7x, JD.com (JD) 16.8x). On next year's consensus earnings, JD.com (JD) is cheapest (DoorDash (DASH) 60.6x, JD.com (JD) 8.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

DoorDash (DASH) grew revenue fastest over the trailing twelve months: Coupang (CPNG) +9.9%, DoorDash (DASH) +33.6%, JD.com (JD) +7.6%.

Which company is more profitable?

DoorDash (DASH) has the highest net margin (Coupang (CPNG) -2.2%, DoorDash (DASH) 5.3%, JD.com (JD) 1.1%). On return on invested capital, JD.com (JD) leads (Coupang (CPNG) -10.6%, JD.com (JD) 0.6%).

Which stock has performed better?

Over the past year JD.com (JD) returned the most: Coupang (CPNG) -55.9%, DoorDash (DASH) -34.8%, JD.com (JD) -24.0%. Over five years, DoorDash (DASH) compounded fastest (Coupang (CPNG) -14.2%/yr, DoorDash (DASH) -3.3%/yr, JD.com (JD) -20.8%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, JD.com (JD) has been the steadiest (Coupang (CPNG) 48.1%, DoorDash (DASH) 50.1%, JD.com (JD) 29.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CPNG, DASH and JD?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, JD.com (JD) leads on 6. 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.