Coupang, Inc. (CPNG) vs Wayfair Inc. (W)

Coupang, Inc. and Wayfair Inc. are both Internet Retail companies. Coupang, Inc. is the larger, with a market value of $25.1B against $13.4B — 1.9× the size. Coupang, Inc. grew revenue faster over the last twelve months: 9.92% against 7.46%. Coupang, Inc. has the higher net margin (−2.16% vs −2.49%) and the higher return on invested capital (0.00% vs 0.00%). Across the 17 metrics below, Wayfair Inc. leads on 9 and Coupang, Inc. on 8.

Valuation

Metric CPNG W Internet Retail median
P/E n/m n/m 22.73
P/S 0.70 1.01 0.64
P/B 8.36 n/m 1.65
Price to free cash flow 237.81 23.08 14.11
EV/EBITDA n/m 29.25 15.68
EV/Sales 0.55 1.13 0.76
Earnings yield (3.13%) (2.50%) (0.11%)
Free cash flow yield 0.42% 4.33% 0.00%

Profitability

Metric CPNG W Internet Retail median
Gross margin 28.35% 30.05% 43.51%
Operating margin (1.77%) 1.67% 0.08%
Net margin (2.16%) (2.49%) 0.56%
Free cash flow margin 0.30% 4.36% 0.00%
Return on equity (19.99%) 11.66% 0.00%
Return on assets (4.35%) (10.26%) 0.00%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric CPNG W Internet Retail median
Revenue growth (TTM) 9.92% 7.46% 10.60%
EPS growth (last fiscal year) 37.50% 39.15% —
Revenue growth, 5-year CAGR 23.61% (2.51%) 10.81%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CPNG W Internet Retail median
Debt to equity 0.21 (1.00) 0.13
Current ratio 0.87 0.74 1.49
Net debt to EBITDA (5.82) 5.11 (0.25)

Dividend

Metric CPNG W Internet Retail median
Dividend yield — — —
Payout ratio 0.00 0.00 0.00

Size

Metric CPNG W Internet Retail median
Market cap 25.11b 13.38b 443.85m

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