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JD.Com Inc
HKEX:9618

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JD.Com Inc
HKEX:9618
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Price: 118.5 HKD -0.17% Market Closed
Market Cap: HK$376.8B

EV/OCF

9.5
Current
83%
More Expensive
vs 3-y average of 5.2

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
9.5
=
Enterprise Value
HK$184.1B
/
Operating Cash Flow
¥19B

Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.

EV/OCF
9.5
=
Enterprise Value
HK$184.1B
/
Operating Cash Flow
¥19B

Valuation Scenarios

JD.Com Inc is trading above its 3-year average

If EV/OCF returns to its 3-Year Average (5.2), the stock would be worth HK$64.64 (45% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-45%
Maximum Upside
+119%
Average Upside
34%
Scenario EV/OCF Value Implied Price Upside/Downside
Current Multiple 9.5 HK$118.5
0%
3-Year Average 5.2 HK$64.64
-45%
5-Year Average 7.8 HK$97.61
-18%
Industry Average 17.1 HK$213.36
+80%
Country Average 20.8 HK$259.98
+119%

Forward EV/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward EV/OCF

Peer Comparison

All Multiples
EV/OCF
P/E
All Countries
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Market Distribution

Lower than 76% of companies in China
Percentile
24th
Based on 6 190 companies
24th percentile
9.5
Low
0 — 11.5
Typical Range
11.5 — 39.2
High
39.2 —
Distribution Statistics
China
Min 0
30th Percentile 11.5
Median 20.8
70th Percentile 39.2
Max 266 666.7

JD.Com Inc
Glance View

In the bustling digital marketplace of China, JD.com Inc. stands as a formidable force, a testament to the country's rapid e-commerce evolution. Founded by Liu Qiangdong, the company started humbly in Beijing, initially as a physical storefront. However, the SARS epidemic pushed Liu to pivot online, setting the stage for JD.com's rise. Unlike many of its peers in the e-commerce sphere, JD.com took a strategic path of tightly managing its supply chain. By owning and operating its logistics network, the company ensures quick delivery and a high level of quality control. This vertically integrated model allows JD.com to efficiently stock and transport a vast array of products, from consumer electronics to fresh groceries, thereby generating revenue from direct product sales. JD.com’s sprawling ecosystem doesn't stop at mere product sales. It has expanded into technology services, cloud computing, and artificial intelligence solutions, offering platforms for vendors to tap into their logistics capabilities. This diversification extends JD's reach beyond conventional retail, as it earns service fees from third-party sellers and leverages data analytics to enhance customer experiences. JD’s commitment to innovation and infrastructure funding, such as autonomous delivery vehicles and AI-driven customer service, fortifies its competitive edge. As a result, JD.com continues to maintain robust growth, increasingly influencing China’s digital commerce landscape with a model built on trust, speed, and sophistication.

Intrinsic Value
270.78 HKD
Undervaluation 56%
Intrinsic Value
Price HK$118.5
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