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Coupang (Coupang) Owner Earnings per Share (TTM)

: (As of Dec. 2023)
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In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Coupang does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Coupang's Owner Earnings per Share (TTM) or its related term are showing as below:



CPNG's Price-to-Owner-Earnings is not ranked *
in the Retail - Cyclical industry.
Industry Median: 11.46
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Coupang's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $0.57. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.75. It's PE Ratio ratio for today is 30.29.

Coupang's EPS without NRI for the three months ended in Dec. 2023 was $0.08. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $0.26. It's PE Ratio without NRI ratio for today is 87.38.


Coupang Owner Earnings per Share (TTM) Historical Data

The historical data trend for Coupang's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coupang Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Owner Earnings per Share (TTM)
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Coupang Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison

For the Internet Retail subindustry, Coupang's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coupang Price-to-Owner-Earnings Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Coupang's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Coupang's Price-to-Owner-Earnings falls into.



Coupang Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Coupang does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Coupang Owner Earnings per Share (TTM) Related Terms

Thank you for viewing the detailed overview of Coupang's Owner Earnings per Share (TTM) provided by GuruFocus.com. Please click on the following links to see related term pages.


Coupang (Coupang) Business Description

Traded in Other Exchanges
Address
720 Olive Way, Suite 600, Seattle, WA, USA, 05510
Coupang Inc is an e-commerce company. The company sells apparel, electronics, footwear, food products, furniture, nutritional supplements, and other products. Its segments include Product Commerce and Developing Offerings. The company generates maximum revenue from the Product Commerce segment. Product Commerce primarily includes core retail (owned inventory) and marketplace offerings (third-party merchants) and Rocket Fresh, fresh grocery offering, as well as advertising products associated with these offerings.
Executives
Tae Jung Kim officer: See Remarks 720 OLIVE WAY, SUITE 600, SEATTLE WA 98101
Svf Investments (uk) Ltd 10 percent owner 69 GROSVENOR STREET, LONDON X0 W1K3JP
Benjamin Sun director C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO, SONGPA-GU, SEOUL M5 05510
Greenoaks Capital Partners Llc director, 10 percent owner, other: See Remarks 4 ORINDA WAY BUILDING C, SUITE 200, ORINDA CA 94563
Pedro Franceschi director C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO,SONGPA-GU, SEOUL M5 05510
Hanseung Kang officer: Rep Director, Business Mngmt C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO, SONGPA-GU, SEOUL M5 05510
Ambereen Toubassy director 720 OLIVE WAY, SUITE 600, SEATTLE WA 98101
Harold Rogers officer: See Remarks C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO, SONGPA-GU, SEOUL M5 05510
Jonathan D. Lee officer: Chief Accounting Officer ONE PARK PLACE, SUITE 600, DUBLIN CA 94568
Thuan Pham officer: Chief Technology Officer 1455 MARKET STREET 4TH FLOOR, SAN FRANCISCO CA 94103
Neil Mehta director 535 PACIFIC AVENUE, 4TH FLOOR, SAN FRANCISCO CA 94133
Kevin M Warsh director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Michael Parker officer: Chief Accounting Officer C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO, SONGPA-GU, SEOUL M5 05510
Jason Child director C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107
Gaurav Anand officer: Chief Financial Officer C/O COUPANG, INC., TOWER 730, 570, SONGPA-DAERO, SONGPA-GU, SEOUL M5 05510