JD.Com Inc
HKEX:9618
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EV/OCF
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.
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.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (5.2), the stock would be worth HK$64.64 (45% downside from current price).
| 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%
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| 5-Year Average | 7.8 | HK$97.61 |
-18%
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| Industry Average | 17.1 | HK$213.36 |
+80%
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| Country Average | 20.8 | HK$259.98 |
+119%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| CN |
|
JD.Com Inc
HKEX:9618
|
377.4B HKD | 9.5 | 16.9 | |
| US |
|
Amazon.com Inc
NASDAQ:AMZN
|
2.7T USD | 19.2 | 35.2 | |
| ZA |
N
|
Naspers Ltd
JSE:NPN
|
723.3B ZAR | 18.7 | 7.5 | |
| CN |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
314.2B USD | 21.9 | 23.3 | |
| CN |
|
PDD Holdings Inc
NASDAQ:PDD
|
138.8B USD | 5 | 9.6 | |
| NL |
|
Prosus NV
AEX:PRX
|
98.8B EUR | 64.3 | 8.6 | |
| AR |
|
Mercadolibre Inc
NASDAQ:MELI
|
91.3B USD | 7.4 | 45.7 | |
| UY |
|
MercadoLibre Inc
BMV:MELIN
|
1.6T MXN | 7.4 | 45.7 | |
| US |
D
|
DoorDash Inc
NASDAQ:DASH
|
76.9B USD | 30.7 | 82.3 | |
| CN |
|
Meituan
HKEX:3690
|
507.9B HKD | -26.4 | -19.3 | |
| US |
|
eBay Inc
NASDAQ:EBAY
|
46.4B USD | 25.3 | 22.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 11.5 |
| Median | 20.8 |
| 70th Percentile | 39.2 |
| Max | 266 666.7 |
Other Multiples
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.