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⚠️ Not investment advice. Past performance does not guarantee future results.
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Vipshop Holdings VIPS

China Consumer Cyclical
6.1/10
AI Analyst score
12.38 USD
Last price at analysis date · analyst target 16.90 (+36.6%)
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🟡 HOLD — Hold; wait for revenue decline to stabilize and recurring earnings to be clear before considering an entry.

Vipshop Holdings is a Chinese online retailer specializing in flash sales of brands, offering discounts on fashion, beauty, and lifestyle products through its e-commerce platform. Vipshop trades at a P/E of 3.99 and EV/EBITDA of 1.89, but a -4.3% revenue decline and earnings inflated by a one-off gain suggest the market is pricing in structural deterioration, not a bargain.

Financial health
6.6
Quality / Moat
5.5
Valuation
8.7
Growth
6.0
Dividend
7.6
Momentum
2.8
Risk & Context
3.9

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E3.99
Fwd P/E4.91
EV/EBITDA1.89
P/B0.96
P/S0.38
PEG0.79
Market cap5.89 B USD
Enterprise value18.20 B CNY
🏰 Quality and moat
ROIC (approx.)12.3%
Gross margin23.40%
FCF conversionN/D
Operating margin6.15%
📈 Profitability and margins
ROE23.51%
ROA6.30%
Net margin9.82%
FCFN/D
FCF yieldN/D
🏦 Solvency and liquidity
Total debt11.57 B CNY
Net debt-21.30 B CNY
Cash32.86 B CNY
EBITDA9.61 B CNY
Net debt / EBITDA-2.22
D/E23.94
Current ratio1.28
Quick ratio1.14
🚀 Growth
Revenue growth-4.30%
Earnings growth203.20%
EPS (TTM)3.10 USD
EPS (Fwd)2.53 USD
💰 Dividend and risk
Dividend yield5.01%
Payout20.4%
Beta0.64
Analyst consensusBuy (20)
Target price16.90 USD
52-week range12.02 USD – 21.08 USD
⚠️ Main risk: The main risk is the combination of a contracting business (-4.3% revenue) with a one-off gain masking underlying weakness, in a weak governance environment in China.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Vipshop Holdings is a Chinese online retailer specializing in flash sales of brands, offering discounts on fashion, beauty, and lifestyle products through its e-commerce platform. Vipshop trades at a P/E of 3.99 and EV/EBITDA of 1.89, but a -4.3% revenue decline and earnings inflated by a one-off gain suggest the market is pricing in structural deterioration, not a bargain.

Score by category

CategoryScore
Financial health6.6
Quality / Moat5.5
Valuation8.7
Growth6.0
Dividend7.6
Momentum2.8
Risk & Context3.9

OVERALL SCORE: 6.1/10

Context and risks

High exposure to China, with elevated governance risk. The e-commerce business in China is subject to a changing regulatory environment and geopolitical tensions that can affect consumer confidence and operations.

News considered in the analysis

  • Vipshop (VIPS) Reported a 189% GAAP Profit Surge as Revenue Fell. How Much Came From a One-Off Gain? — El aumento del beneficio está impulsado por una ganancia extraordinaria, no por el negocio subyacente, lo que cuestiona la sostenibilidad de las ganancias reportadas.
  • Vipshop (VIPS) Q2 2026 Earnings Call Transcript — Transcripción de la llamada de resultados; sin información nueva más allá de lo ya conocido.
  • Why Vipshop Holdings (VIPS) Is Getting Attention Today — Artículo genérico de atención del mercado, sin información sustancial.
  • Zacks Industry Outlook GoDaddy, Vipshop, MakeMyTrip and QuinStreet — Perspectiva de la industria, sin información específica sobre Vipshop.
  • 4 Internet Delivery Services Stocks in Focus From a Flourishing Industry — Listado genérico de acciones, sin información nueva.

Verdict: Hold; wait for revenue decline to stabilize and recurring earnings to be clear before considering an entry.

Main risk: The main risk is the combination of a contracting business (-4.3% revenue) with a one-off gain masking underlying weakness, in a weak governance environment in China.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.