CPNG vs DASH vs PONY Stock Comparison

Coupang, DoorDash and Pony AI Prices as of Oct 28, 2026 Peers: Industry group
CPNG Coupang, Inc.
$14.12 +2.6% 1M -55.8% 1Y
Market cap
$26.15B
P/E
–
Revenue (TTM)
$35.46B
Div. yield
–
Online Retail Consumer Discretionary
1 win
DASH DoorDash, Inc.
$169.49 -5.0% 1M -35.2% 1Y
Market cap
$78.40B
P/E
93.2x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
4 wins
PONY Pony AI Inc.
$5.05 -27.2% 1M -76.9% 1Y
Market cap
$1.87B
P/E
–
Revenue (TTM)
$125.04M
Div. yield
–
Autonomous Driving Technology
2 wins

Head to Head

7 decided of 12

DoorDash leads on 4 of the 12 questions below (DoorDash 4, Pony AI 2, Coupang 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCPNGDASHPONYLeader
Larger companyMarket capitalisation $26.15B $78.40B $1.87B DASH
Cheaper on earningsLower P/E, profitable companies only -34.1x 93.2x -13.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 61.0x — –
Faster revenue growthRevenue growth, trailing twelve months +9.9% +33.6% +45.8% PONY
More profitableNet margin, trailing twelve months -2.2% 5.3% -109.6% DASH
Better return on capitalReturn on invested capital -10.6% — — –
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 -55.8% -35.2% -76.9% DASH
Better 5-year returnAnnualised price return, 5 years -13.9%/yr -2.7%/yr — DASH
Less volatileAnnualised volatility, 1 year 48.1% 50.0% 66.3% CPNG
Higher overall scoreMean of the five percentile scores vs peers 32/100 55/100 78/100 PONY

Percentile Scorecard

CPNGDASHPONY

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

AxisCPNGDASHPONY
Valuation 11 #93 of 104 27 #121 of 166 67 #5 of 13
Growth 10 #88 of 98 83 #27 of 152 82 #3 of 12
Profitability 22 #75 of 96 63 #57 of 152 73 #4 of 12
Financial Health 30 #77 of 110 57 #77 of 179 92 #2 of 13
Shareholder Returns 89 #9 of 71 43 #54 of 94 –
Overall 32 55 78
  • CPNG ranked among 115 companies in Retail
  • DASH ranked among 185 companies in Internet Platforms
  • PONY ranked among 14 companies in Robotics and Automation

Price Performance

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

Returns

PeriodCPNGDASHPONYSPY
1 month +2.6%-5.0%-27.2% +0.9%
3 months -6.9%-12.4%-34.1% +5.9%
6 months -30.5%+0.1%-47.2% +8.5%
Year to date -40.1%-25.2%-65.2% +13.3%
1 year -55.8%-35.2%-76.9% +12.4%
3 years -17.0%+139.9%— +88.1%
3 years, per year -6.0%+33.9%— +23.5%
5 years -52.6%-13.0%— +68.2%
5 years, per year -13.9%-2.7%— +11.0%

Risk

MeasureCPNGDASHPONYSPY
Volatility, 1Y 48.1%50.0%66.3% 12.7%
Downside volatility, 1Y 50.1%53.4%70.4% 12.7%
Beta vs S&P 500, 1Y 1.371.402.80 1.00
Return / volatility, 1Y -1.16-0.70-1.16 0.98
Max drawdown, 5Y -69.3%-82.5%-82.4% -25.4%
From 52-week high -56.1%-36.3%-76.9% -0.9%
52-week high $32.13$266.06$21.87 $779.14
52-week low $13.75$146.60$4.93 $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.

MultipleCPNGDASHPONY
P/E now vs peer median -33.1xmedian 16.7x 87.6xmedian 16.8x -14.0x
P/S now vs peer median 0.7xmedian 0.4x 4.6xmedian 1.4x 17.5xmedian 17.8x
EV/EBITDA now vs peer median -307.0xmedian 9.2x 37.9xmedian 13.9x —
P/FCF now vs peer median 255.6xmedian 16.0x 28.3xmedian 11.4x -10.8xmedian 14.9x
P/B now vs peer median 8.5xmedian 1.6x 7.4xmedian 1.8x 1.4xmedian 1.1x
PEG now vs peer median 0.59median 0.73 2.35median 0.36 —

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 monthsCPNGDASHPONY
Revenue $35.46B $15.89B $125.04M
Gross profit $10.06B $8.17B $20.29M
Operating income -$628.00M $712.00M -$267.63M
Net income -$767.00M $841.00M -$99.78M
Free cash flow $99.00M $2.60B -$203.60M
R&D – $1.71B $225.02M
EPS (diluted) $-0.43 $1.91 $-0.36
Cash & equivalents $6.11B $4.42B $327.11M
Total debt $2.60B – –
Shares (diluted) 1.80B 439.35M 379.91M
Enterprise value $190.46M $57.77B $1.87B

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
MetricCPNGDASHPONY
P/E -33.1x 87.6x -14.0x
P/FCF 255.6x 28.3x -10.8x
P/Operating cash flow 17.8x 25.9x -10.8x
P/S 0.7x 4.6x 17.5x
P/B 8.5x 7.4x 1.4x
P/Tangible book 9.0x 9.3x 1.4x
EV/EBITDA -307.0x 37.9x –
EV/EBIT -34.7x 95.6x -4.0x
EV/Revenue 0.6x 4.3x 8.6x
EV/FCF 220.2x 26.2x -5.3x
EV/Operating cash flow 15.3x 24.1x -5.3x
PEG (3Y EPS CAGR) 0.59 2.35 –

Growth

14 metrics
MetricCPNGDASHPONY
Revenue growth (1Y) 9.9% 33.6% 45.8%
Revenue CAGR (3Y) 17.1% 27.4% –
Gross profit growth (1Y) 4.3% 37.3% 39.0%
Gross profit CAGR (3Y) 22.6% 32.2% –
Operating income growth (1Y) -186.7% 31.4% 19.2%
Operating income CAGR (3Y) -52.0% 38.8% –
Net income growth (1Y) -310.1% 7.1% 66.7%
Net income CAGR (3Y) -55.9% 38.6% –
EPS growth (1Y) -316.7% 7.4% 86.9%
EPS CAGR (3Y) -55.9% 37.3% –
Operating cash flow growth (1Y) -25.4% 29.3% -55.2%
Operating cash flow CAGR (3Y) -10.1% 40.9% –
Free cash flow growth (1Y) -87.3% 30.8% -55.2%
Free cash flow CAGR (3Y) -55.0% 45.2% –

Profitability

14 metrics
MetricCPNGDASHPONY
Gross margin 28.4% 51.4% 16.2%
EBITDA margin -0.2% 11.3% –
Operating margin -1.8% 4.5% -214.0%
Pretax margin -1.7% 5.5% -68.0%
Net margin -2.2% 5.3% -109.6%
FCF margin 0.3% 16.3% -162.8%
Operating cash flow margin 4.0% 17.8% -162.8%
Return on equity -22.2% 8.3% –
Return on assets -4.4% 4.3% –
Return on invested capital -10.6% – –
Return on capital employed -9.3% 5.3% –
Asset turnover 2.0x 0.8x –
Cash conversion (OCF / net income) -1.9x 3.4x 2.0x
Stock comp / revenue 1.5% 7.0% –

Financial Health

11 metrics
MetricCPNGDASHPONY
Debt / assets 15.0% – –
Debt / equity 0.9x – –
Net debt / EBITDA 49.4x – –
Debt / FCF 26.3x – –
Liabilities / assets 82.8% 49.3% 9.4%
Equity / assets 17.2% 50.7% 90.6%
Interest coverage -8.3x – –
Current ratio 0.9x 1.4x 15.9x
Quick ratio 0.6x 1.1x 15.1x
Cash ratio 0.6x 0.9x 14.4x
Altman Z-score 2.49 5.29 –

Shareholder Returns

7 metrics
MetricCPNGDASHPONY
Dividend yield – – –
Net buyback yield 4.3% 1.4% –
Shareholder yield 4.3% 1.4% –
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.

ConsensusCPNGDASHPONY
Forward P/E – 61.0xFY2026 –
EPS, next fiscal year $-0.51FY2026 $2.78FY2026 $-0.61FY2026
EPS growth, next FY -563.6%FY2026 +30.5%FY2026 –
EPS growth, the year after – +79.1% –
Revenue, next fiscal year $36.30BFY2026 $18.88BFY2026 $144.05MFY2026
Revenue growth, next FY +5.1%FY2026 +37.6%FY2026 +60.1%FY2026
Revenue growth, the year after +23.5% +11.2% +110.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCPNGDASHPONY
Held by institutions 81.8% 88.2% 35.9%
Institutions holding 588 1,043 155
Change in shares held, QoQ -2.8% +7.4% +22.5%
Institutions buying 262 578 101
Institutions selling 243 349 33
Buyers to sellers 1.08 1.66 3.06

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.

CPNGDASHPONY
CPNG 1.00 0.35 0.23
DASH 0.35 1.00 0.19
PONY 0.23 0.19 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CPNG, DASH and PONY?

DoorDash (DASH) is the largest by market capitalisation: Coupang (CPNG) $26.15B, DoorDash (DASH) $78.40B, Pony AI (PONY) $1.87B.

Which company is growing faster?

Pony AI (PONY) grew revenue fastest over the trailing twelve months: Coupang (CPNG) +9.9%, DoorDash (DASH) +33.6%, Pony AI (PONY) +45.8%.

Which company is more profitable?

DoorDash (DASH) has the highest net margin (Coupang (CPNG) -2.2%, DoorDash (DASH) 5.3%, Pony AI (PONY) -109.6%).

Which stock has performed better?

Over the past year DoorDash (DASH) returned the most: Coupang (CPNG) -55.8%, DoorDash (DASH) -35.2%, Pony AI (PONY) -76.9%. Over five years, DoorDash (DASH) compounded fastest (Coupang (CPNG) -13.9%/yr, DoorDash (DASH) -2.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Coupang (CPNG) has been the steadiest (Coupang (CPNG) 48.1%, DoorDash (DASH) 50.0%, Pony AI (PONY) 66.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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 4. 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.