CPNG vs DASH vs W Stock Comparison

Coupang, DoorDash and Wayfair Prices as of Oct 26, 2026 Peers: Industry group
CPNG Coupang, Inc.
$13.75 -0.9% 1M -55.9% 1Y
Market cap
$24.79B
P/E
–
Revenue (TTM)
$35.46B
Div. yield
–
Online Retail Consumer Discretionary
1 win
DASH DoorDash, Inc.
$168.44 -12.9% 1M -34.8% 1Y
Market cap
$75.03B
P/E
89.2x
Revenue (TTM)
$15.89B
Div. yield
–
Ride-Hailing and Delivery Technology
5 wins
W Wayfair Inc.
$113.05 +15.2% 1M +36.1% 1Y
Market cap
$14.95B
P/E
–
Revenue (TTM)
$12.90B
Div. yield
–
Online Retail Consumer Discretionary
4 wins

Head to Head

10 decided of 12

DoorDash leads on 5 of the 12 questions below (DoorDash 5, Wayfair 4, Coupang 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCPNGDASHWLeader
Larger companyMarket capitalisation $24.79B $75.03B $14.95B DASH
Cheaper on earningsLower P/E, profitable companies only -32.3x 89.2x -46.6x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 60.6x 38.3x W
Faster revenue growthRevenue growth, trailing twelve months +9.9% +33.6% +7.5% DASH
More profitableNet margin, trailing twelve months -2.2% 5.3% -2.5% DASH
Better return on capitalReturn on invested capital -10.6% — 438.8% W
Less leveragedLower net debt / EBITDA 49.4x — 3.3x W
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -55.9% -34.8% +36.1% W
Better 5-year returnAnnualised price return, 5 years -14.2%/yr -3.3%/yr -13.3%/yr DASH
Less volatileAnnualised volatility, 1 year 48.1% 50.1% 70.2% CPNG
Higher overall scoreMean of the five percentile scores vs peers 33/100 54/100 43/100 DASH

Percentile Scorecard

CPNGDASHW

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

AxisCPNGDASHW
Valuation 11 #93 of 104 27 #122 of 167 16 #88 of 104
Growth 10 #89 of 99 82 #28 of 153 85 #16 of 99
Profitability 21 #78 of 99 62 #59 of 153 46 #54 of 99
Financial Health 33 #76 of 113 57 #77 of 179 26 #84 of 113
Shareholder Returns 88 #10 of 73 43 #54 of 94 –
Overall 33 54 43
  • CPNG ranked among 115 companies in Retail
  • DASH ranked among 185 companies in Internet Platforms
  • W ranked among 115 companies in Retail

Price Performance

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

Returns

PeriodCPNGDASHWSPY
1 month -0.9%-12.9%+15.2% -0.8%
3 months -13.7%-8.6%+19.6% +3.5%
6 months -32.9%-3.2%+49.2% +7.0%
Year to date -41.7%-25.6%+12.6% +12.2%
1 year -55.9%-34.8%+36.1% +13.0%
3 years -19.2%+138.4%+178.4% +86.3%
3 years, per year -6.9%+33.6%+40.7% +23.1%
5 years -53.6%-15.3%-50.9% +68.6%
5 years, per year -14.2%-3.3%-13.3% +11.0%
10 years ——+227.4% +258.0%
10 years, per year ——+12.6% +13.6%

Risk

MeasureCPNGDASHWSPY
Volatility, 1Y 48.1%50.1%70.2% 12.7%
Downside volatility, 1Y 50.1%53.4%61.8% 12.7%
Beta vs S&P 500, 1Y 1.371.392.70 1.00
Return / volatility, 1Y -1.16-0.690.51 1.02
Max drawdown, 5Y -69.3%-82.5%-91.4% -25.4%
From 52-week high -57.2%-36.7%-5.0% -1.8%
52-week high $32.13$266.06$119.05 $779.14
52-week low $13.75$146.60$57.40 $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.

MultipleCPNGDASHW
P/E now vs peer median -32.3xmedian 16.7x 87.0xmedian 17.5x -46.5xmedian 16.7x
P/S now vs peer median 0.7xmedian 0.5x 4.6xmedian 1.4x 1.2xmedian 0.5x
EV/EBITDA now vs peer median -297.6xmedian 9.0x 37.6xmedian 14.5x 34.1xmedian 9.0x
P/FCF now vs peer median 248.9xmedian 16.5x 28.1xmedian 12.1x 27.4xmedian 16.5x
P/B now vs peer median 8.2xmedian 1.7x 7.4xmedian 1.7x -5.5xmedian 1.7x
PEG now vs peer median 0.58median 0.72 2.33median 0.41 -1.29median 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 monthsCPNGDASHW
Revenue $35.46B $15.89B $12.90B
Gross profit $10.06B $8.17B $3.88B
Operating income -$628.00M $712.00M $215.00M
Net income -$767.00M $841.00M -$321.00M
Free cash flow $99.00M $2.60B $562.00M
R&D – $1.71B –
EPS (diluted) $-0.43 $1.91 $-2.43
Cash & equivalents $6.11B $4.42B $1.07B
Total debt $2.60B – $2.80B
Shares (diluted) 1.80B 439.35M 132.00M
Enterprise value -$1.17B $54.40B $9.98B

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
MetricCPNGDASHW
P/E -32.3x 87.0x -46.5x
P/FCF 248.9x 28.1x 27.4x
P/Operating cash flow 17.3x 25.8x 23.1x
P/S 0.7x 4.6x 1.2x
P/B 8.2x 7.4x -5.5x
P/Tangible book 8.7x 9.2x -5.5x
EV/EBITDA -297.6x 37.6x 34.1x
EV/EBIT -33.7x 95.0x 79.2x
EV/Revenue 0.6x 4.3x 1.3x
EV/FCF 213.5x 26.1x 30.3x
EV/Operating cash flow 14.8x 23.9x 25.6x
PEG (3Y EPS CAGR) 0.58 2.33 -1.29

Growth

14 metrics
MetricCPNGDASHW
Revenue growth (1Y) 9.9% 33.6% 7.5%
Revenue CAGR (3Y) 17.1% 27.4% 2.8%
Gross profit growth (1Y) 4.3% 37.3% 6.7%
Gross profit CAGR (3Y) 22.6% 32.2% 3.3%
Operating income growth (1Y) -186.7% 31.4% 172.6%
Operating income CAGR (3Y) -52.0% 38.8% 29.7%
Net income growth (1Y) -310.1% 7.1% -7.0%
Net income CAGR (3Y) -55.9% 38.6% 32.3%
EPS growth (1Y) -316.7% 7.4% -4.6%
EPS CAGR (3Y) -55.9% 37.3% 35.9%
Operating cash flow growth (1Y) -25.4% 29.3% 71.4%
Operating cash flow CAGR (3Y) -10.1% 40.9% 65.4%
Free cash flow growth (1Y) -87.3% 30.8% 68.8%
Free cash flow CAGR (3Y) -55.0% 45.2% 49.1%

Profitability

14 metrics
MetricCPNGDASHW
Gross margin 28.4% 51.4% 30.1%
EBITDA margin -0.2% 11.3% 3.9%
Operating margin -1.8% 4.5% 1.7%
Pretax margin -1.7% 5.5% -2.4%
Net margin -2.2% 5.3% -2.5%
FCF margin 0.3% 16.3% 4.4%
Operating cash flow margin 4.0% 17.8% 5.2%
Return on equity -22.2% 8.3% –
Return on assets -4.4% 4.3% -11.0%
Return on invested capital -10.6% – 438.8%
Return on capital employed -9.3% 5.3% 32.8%
Asset turnover 2.0x 0.8x 4.4x
Cash conversion (OCF / net income) -1.9x 3.4x -2.1x
Stock comp / revenue 1.5% 7.0% 2.4%

Financial Health

11 metrics
MetricCPNGDASHW
Debt / assets 15.0% – 93.9%
Debt / equity 0.9x – -1.0x
Net debt / EBITDA 49.4x – 3.3x
Debt / FCF 26.3x – 5.0x
Liabilities / assets 82.8% 49.3% 193.6%
Equity / assets 17.2% 50.7% -93.6%
Interest coverage -8.3x – –
Current ratio 0.9x 1.4x 0.7x
Quick ratio 0.6x 1.1x 0.6x
Cash ratio 0.6x 0.9x 0.5x
Altman Z-score 2.46 5.26 3.62

Shareholder Returns

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

ConsensusCPNGDASHW
Forward P/E – 60.6xFY2026 38.3xFY2026
EPS, next fiscal year $-0.51FY2026 $2.78FY2026 $2.95FY2026
EPS growth, next FY -563.6%FY2026 +30.5%FY2026 +13.5%FY2026
EPS growth, the year after – +79.1% +38.6%
Revenue, next fiscal year $36.30BFY2026 $18.88BFY2026 $14.36BFY2026
Revenue growth, next FY +5.1%FY2026 +37.6%FY2026 +15.2%FY2026
Revenue growth, the year after +23.5% +11.2% -1.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCPNGDASHW
Held by institutions 81.8% 88.2% 100.0%
Institutions holding 588 1,043 452
Change in shares held, QoQ -2.8% +7.4% -1.7%
Institutions buying 262 578 247
Institutions selling 243 349 144
Buyers to sellers 1.08 1.66 1.72

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.

CPNGDASHW
CPNG 1.00 0.35 0.30
DASH 0.35 1.00 0.31
W 0.30 0.31 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, CPNG, DASH and W?

DoorDash (DASH) is the largest by market capitalisation: Coupang (CPNG) $24.79B, DoorDash (DASH) $75.03B, Wayfair (W) $14.95B.

Which company is growing faster?

DoorDash (DASH) grew revenue fastest over the trailing twelve months: Coupang (CPNG) +9.9%, DoorDash (DASH) +33.6%, Wayfair (W) +7.5%.

Which company is more profitable?

DoorDash (DASH) has the highest net margin (Coupang (CPNG) -2.2%, DoorDash (DASH) 5.3%, Wayfair (W) -2.5%). On return on invested capital, Wayfair (W) leads (Coupang (CPNG) -10.6%, Wayfair (W) 438.8%).

Which stock has performed better?

Over the past year Wayfair (W) returned the most: Coupang (CPNG) -55.9%, DoorDash (DASH) -34.8%, Wayfair (W) +36.1%. Over five years, DoorDash (DASH) compounded fastest (Coupang (CPNG) -14.2%/yr, DoorDash (DASH) -3.3%/yr, Wayfair (W) -13.3%/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) 50.1%, Wayfair (W) 70.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.