DoorDash, Inc. (DASH) vs JD.com, Inc. (JD)

DoorDash, Inc. and JD.com, Inc. are both Internet Retail companies. DoorDash, Inc. is the larger, with a market value of $78.5B against $34.4B — 2.3× the size. JD.com, Inc. trades at the lower P/E: 17.6× against 74.2×. DoorDash, Inc. grew revenue faster over the last twelve months: 35.0% against 10.8%. DoorDash, Inc. has the higher net margin (6.23% vs 1.16%) and the higher return on invested capital (7.82% vs 1.18%). Across the 21 metrics below, DoorDash, Inc. leads on 14 and JD.com, Inc. on 7.

Valuation

Metric DASH JD Internet Retail median
P/E 74.17 17.62 23.90
P/S 4.61 0.20 0.71
P/B 7.34 0.95 1.80
Price to free cash flow 35.69 n/m 15.07
EV/EBITDA 35.46 42.77 17.34
EV/Sales 4.42 0.06 0.77
Earnings yield 1.35% 5.68% 0.46%
Free cash flow yield 2.80% (1.98%) (0.39%)

Profitability

Metric DASH JD Internet Retail median
Gross margin 51.91% 16.58% 44.04%
Operating margin 5.25% 0.15% 0.08%
Net margin 6.23% 1.16% 1.15%
Free cash flow margin 12.91% 3.89% 0.00%
Return on equity 10.52% 0.00% 0.00%
Return on assets 5.51% 2.17% 0.00%
Return on invested capital 7.82% 1.18% 0.00%

Growth

Metric DASH JD Internet Retail median
Revenue growth (TTM) 35.03% 10.82% 10.82%
EPS growth (last fiscal year) 634.48% (50.00%) 19.82%
Revenue growth, 5-year CAGR 36.58% 10.37% 10.81%
Net income growth, 5-year CAGR 0.00% (18.00%) 0.00%

Health

Metric DASH JD Internet Retail median
Debt to equity 0.25 0.20 0.12
Current ratio 1.46 1.14 1.52
Net debt to EBITDA (1.97) (12.37) (0.66)

Dividend

Metric DASH JD Internet Retail median
Dividend yield — 3.49% 1.66%
Payout ratio — 0.66 0.27

Size

Metric DASH JD Internet Retail median
Market cap 78.45b 34.44b 566.40m

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