Last Updated: 07 Nov 2024
Executive Summary
Coupang LLC (CPNG) is a leading e-commerce company in South Korea. The company has experienced strong growth in recent years, driven by its innovative platform and focus on customer satisfaction. However, the company faces increasing competition from both domestic and international players.
Company Overview
Coupang was founded in 2010 and is headquartered in Seoul, South Korea. The company operates an e-commerce platform that offers a wide range of products, including groceries, electronics, fashion, and home goods. Coupang also offers a variety of services, such as delivery, installation, and customer support.
Fundamental Analysis
Coupang's financial performance has been strong in recent years. The company's revenue has grown from $2.8 billion in 2017 to $28.9 billion in 2022. The company's net income has also grown significantly, from $17 million in 2017 to $645 million in 2022.
Coupang's profitability metrics are also strong. The company's gross profit margin is 16.3%, and its operating profit margin is 1.4%. The company's return on assets is 1.1%, and its return on equity is 26.9%.
Technical Analysis
Coupang's stock price has been volatile in recent months. The stock price reached a high of $26.91 in March 2023, but has since fallen to $24. The stock price is currently trading above its 50-day moving average of $24.54, but below its 200-day moving average of $21.15.
Short Term Outlook
The short-term outlook for Coupang is mixed. The company faces increasing competition from both domestic and international players. However, the company's strong financial performance and focus on innovation are likely to support its growth in the short term.
Long Term Outlook
The long-term outlook for Coupang is positive. The company is well-positioned to benefit from the growing e-commerce market in South Korea. The company's strong financial performance and focus on innovation are likely to support its long-term growth.
Analyst Recommendations
Analysts are generally positive on Coupang. The consensus analyst rating is "Buy." The average analyst target price is $28.98.
Disclaimer
This report is for informational purposes only and should not be construed as investment advice.
