CPNG vs. PDD: Coupang vs. PDD Stock Comparison
How do Coupang (CPNG) and PDD (PDD) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Coupang (CPNG) and PDD (PDD) are both classified in the Broadline Retail sub-industry within the broader Broadline Retail industry, placing them in the closest GICS peer bucket.
Coupang (CPNG) trades as ordinary local shares, while PDD (PDD) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | CPNG | PDD |
|---|---|---|
| Name | Coupang, Inc. Class A Common Stock | PDD Holdings Inc. American Depositary Receipt |
| Country/Region | United States | Ireland |
| GICS Sector | Consumer Discretionary | Consumer Discretionary |
| GICS Industry Group | Consumer Discretionary Distribution & Retail | Consumer Discretionary Distribution & Retail |
| GICS Industry | Broadline Retail | Broadline Retail |
| GICS Sub-Industry | Broadline Retail | Broadline Retail |
| Market Capitalization | 29.20 billion USD | 118.18 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 11, 2021 | July 26, 2018 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CPNG | PDD |
|---|---|---|
| Total Return (1Y) | -44.02% | -40.88% |
| Total Return (3Y, Annualized) | 2.15% | -9.51% |
| Total Return (5Y, Annualized) | -11.45% | -0.72% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
PDD (PDD) reports a negative beta of -0.08, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Coupang (CPNG) has a non-negative beta of 1.09.
| Metric | CPNG | PDD |
|---|---|---|
| Volatility (1Y, Annualized) | 49.06% | 33.85% |
| Beta (5Y) | 1.09 | -0.08 |
| Max Drawdown (5Y) | -69.07% | -73.13% |
| Avg. Volume (3M) | 15.76M | 6.15M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CPNG | PDD |
|---|---|---|
| Sharpe Ratio (1Y) | -0.98 | -1.33 |
| Sortino Ratio (1Y) | -1.37 | -1.75 |
Profitability
ROE (TTM)
Coupang (CPNG) reports a negative ROE of -35.97%; negative ROE can reflect losses or negative shareholders’ equity, so it is harder to read as capital efficiency. Meanwhile PDD (PDD) reports 22.75%, ranking against industry peers normally.
CPNG
Consumer Discretionary Distribution & Retail industry group
-35.97%
- Max
- 62.17%
- Q3
- 29.44%
- Median
- 15.69%
- Q1
- 6.73%
- Min
- -12.16%
- CPNG
- -35.97%
PDD
Consumer Discretionary Distribution & Retail industry group
22.75%
- Max
- 62.17%
- Q3
- 29.44%
- PDD
- 22.75%
- Median
- 15.69%
- Q1
- 6.73%
- Min
- -12.16%
Net Margin (TTM)
Coupang (CPNG) reports a negative net margin of -3.77%, usually indicating a net loss over the period. Meanwhile PDD (PDD) reports 20.43%, ranking against industry peers normally.
CPNG
Consumer Discretionary Distribution & Retail industry group
-3.77%
- Max
- 16.94%
- Q3
- 8.69%
- Median
- 3.55%
- Q1
- 1.14%
- CPNG
- -3.77%
- Min
- -9.41%
PDD
Consumer Discretionary Distribution & Retail industry group
20.43%
- PDD
- 20.43%
- Max
- 16.94%
- Q3
- 8.69%
- Median
- 3.55%
- Q1
- 1.14%
- Min
- -9.41%
Operating Margin (TTM)
Coupang (CPNG) reports a negative operating margin of -2.03%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile PDD (PDD) reports 24.71%, ranking against industry peers normally.
CPNG
Consumer Discretionary Distribution & Retail industry group
-2.03%
- Max
- 21.45%
- Q3
- 10.89%
- Median
- 5.57%
- Q1
- 2.28%
- CPNG
- -2.03%
- Min
- -7.12%
PDD
Consumer Discretionary Distribution & Retail industry group
24.71%
- PDD
- 24.71%
- Max
- 21.45%
- Q3
- 10.89%
- Median
- 5.57%
- Q1
- 2.28%
- Min
- -7.12%
Profitability Metrics
| Metric | CPNG | PDD |
|---|---|---|
| ROE (TTM) | -35.97% | 22.75% |
| ROA (TTM) | -3.27% | 10.01% |
| Net Margin (TTM) | -3.77% | 20.43% |
| Operating Margin (TTM) | -2.03% | 24.71% |
| Gross Margin (TTM) | 27.63% | 56.32% |
Growth
Revenue Growth
Coupang (CPNG) at 14.09% sits in the top revenue growth quartile, while PDD (PDD) at 9.65% is closer to the peer norm — faster top-line expansion for CPNG.
EPS Growth
Coupang (CPNG) at 37.50% sits in the top EPS growth quartile, while PDD (PDD) at -11.79% is closer to the peer norm — faster per-share earnings growth for CPNG.
Growth Metrics
| Metric | CPNG | PDD |
|---|---|---|
| Revenue Growth (YoY) | 14.09% | 9.65% |
| Revenue Growth (3Y CAGR) | 18.83% | 49.00% |
| EPS Growth (YoY) | 37.50% | -11.79% |
| EPS Growth (3Y CAGR) | -- | 45.15% |
Financial Strength
Current Ratio (MRQ)
PDD (PDD) at 2.62 carries current ratio above its industry’s typical mid-range, while Coupang (CPNG) at 0.80 runs in the tighter-liquidity quartile — different working-capital profiles, both worth examining.
CPNG
Consumer Discretionary Distribution & Retail industry group
0.80
- Max
- 2.62
- Q3
- 1.75
- Median
- 1.35
- Q1
- 1.00
- CPNG
- 0.80
- Min
- 0.48
PDD
Consumer Discretionary Distribution & Retail industry group
2.62
- PDD
- 2.62
- Max
- 2.62
- Q3
- 1.75
- Median
- 1.35
- Q1
- 1.00
- Min
- 0.48
Debt / Equity (MRQ)
PDD (PDD) at 0.01 keeps leverage in the lower industry quartile, while Coupang (CPNG) at 1.78 runs a more typical debt-to-equity mix.
CPNG
Consumer Discretionary Distribution & Retail industry group
1.78
- Max
- 3.93
- Q3
- 2.14
- CPNG
- 1.78
- Median
- 1.25
- Q1
- 0.73
- Min
- 0.01
PDD
Consumer Discretionary Distribution & Retail industry group
0.01
- Max
- 3.93
- Q3
- 2.14
- Median
- 1.25
- Q1
- 0.73
- PDD
- 0.01
- Min
- 0.01
Financial Strength Metrics
| Metric | CPNG | PDD |
|---|---|---|
| Current Ratio (MRQ) | 0.80 | 2.62 |
| Debt / Equity (MRQ) | 1.78 | 0.01 |
| Net Debt / EBITDA | -- | -4.56 |
Dividends
Dividend Yield (TTM)
Neither Coupang (CPNG) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CPNG
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 5.84%
- Q3
- 2.50%
- CPNG
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PDD
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 5.84%
- Q3
- 2.50%
- PDD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither Coupang (CPNG) nor PDD (PDD) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CPNG
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 72.73%
- Q3
- 32.44%
- CPNG
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PDD
Consumer Discretionary Distribution & Retail industry group
0.00%
- Max
- 72.73%
- Q3
- 32.44%
- PDD
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CPNG | PDD |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: PDD (PDD) trades at 9.34 times trailing earnings, ranked against its peers, while Coupang (CPNG) has no P/E ratio this period.
CPNG
Consumer Discretionary Distribution & Retail industry group
--
- Max
- 40.50
- Q3
- 24.26
- Median
- 19.23
- Q1
- 12.64
- Min
- 4.67
- CPNG
- --
PDD
Consumer Discretionary Distribution & Retail industry group
9.34
- Max
- 40.50
- Q3
- 24.26
- Median
- 19.23
- Q1
- 12.64
- PDD
- 9.34
- Min
- 4.67
P/S Ratio (TTM)
PDD (PDD) at 0.26 sits in the cheaper P/S ratio quartile while Coupang (CPNG) at 0.81 prices around its industry’s middle — PDD costs less per dollar of sales, though read it alongside growth and margins.
CPNG
Consumer Discretionary Distribution & Retail industry group
0.81
- Max
- 4.32
- Q3
- 1.99
- CPNG
- 0.81
- Median
- 0.70
- Q1
- 0.26
- Min
- 0.03
PDD
Consumer Discretionary Distribution & Retail industry group
0.26
- Max
- 4.32
- Q3
- 1.99
- Median
- 0.70
- Q1
- 0.26
- PDD
- 0.26
- Min
- 0.03
P/B Ratio (MRQ)
PDD (PDD) at 1.74 is valued about in line with its industry on P/B ratio, while Coupang (CPNG) at 10.26 carries an above-peer premium to book — CPNG is pricier on assets.
CPNG
Consumer Discretionary Distribution & Retail industry group
10.26
- Max
- 10.96
- CPNG
- 10.26
- Q3
- 5.26
- Median
- 2.16
- Q1
- 1.08
- Min
- -4.45
PDD
Consumer Discretionary Distribution & Retail industry group
1.74
- Max
- 10.96
- Q3
- 5.26
- Median
- 2.16
- PDD
- 1.74
- Q1
- 1.08
- Min
- -4.45
Valuation Metrics
| Metric | CPNG | PDD |
|---|---|---|
| P/E Ratio (TTM) | -- | 9.34 |
| P/S Ratio (TTM) | 0.81 | 0.26 |
| P/B Ratio (MRQ) | 10.26 | 1.74 |
| Free Cash Flow Yield (TTM) | 1.80% | 63.15% |