Vipshop Holdings (MEX:VIPS N) EBITDA Margin %: 10.20% (As of Mar. 2026) — 38% Above Median


MEX:VIPS N Vipshop Holdings Ltd MEX:VIPS N
69 GF Score
Price MXN235.00
GF Value MXN302.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Vipshop Holdings EBITDA Margin %?

Vipshop Holdings MEX:VIPS N 69 EBITDA Margin % is 10.20% as of Mar. 2026, which is 38% above its 10-year median of 7.37. GuruFocus rates MEX:VIPS N with a GF Score™ of 69/100 and a GF Value™ of MXN302.85 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,121 Retail - Cyclical companies, Vipshop Holdings ranks better than 54.59% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Vipshop Holdings's EBITDA for the three months ended in Mar. 2026 was MXN7,091 Mil. Vipshop Holdings's Revenue for the three months ended in Mar. 2026 was MXN69,530 Mil. Therefore, Vipshop Holdings's EBITDA margin for the quarter that ended in Mar. 2026 was 10.20%.


Vipshop Holdings  (MEX:VIPS N) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Vipshop Holdings EBITDA Margin % Related Terms


Vipshop Holdings EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Vipshop Holdings's EBITDA Margin % 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.

Vipshop Holdings EBITDA Margin % Chart

Vipshop Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.11 9.22 10.22 10.83 10.21

Vipshop Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % 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 Premium Member Only Premium Member Only 9.32 7.41 7.24 9.54 10.20

MEX:VIPS N vs GLBE, ETSY, CHWY: EBITDA Margin % Comparison

For the Internet Retail subindustry, Vipshop Holdings's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Vipshop Holdings EBITDA Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vipshop Holdings's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Vipshop Holdings's EBITDA Margin % falls into.


MEX:VIPS N
69GF Score
Vipshop Holdings Ltd MEX:VIPS N
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vipshop Holdings EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Vipshop Holdings's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=27644.627/270779.698
=10.21 %

Vipshop Holdings's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=7090.953/69530.353
=10.20 %

* 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.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 10.20% mean?
Vipshop Holdings (MEX:VIPS N) has a EBITDA Margin % of 10.20% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Vipshop Holdings and its competitors. This is 38% above median its historical median of 7.37. Over the past decade, Vipshop Holdings' EBITDA Margin % has ranged from 4.49 to 10.83. According to the industry distribution chart, Vipshop Holdings ranks #509 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 45.4%.
Is Vipshop Holdings' EBITDA Margin % too high?
Vipshop Holdings' current EBITDA Margin % of 10.20% is 38% above median its 10-year median of 7.37. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 10.83. The Retail - Cyclical industry median EBITDA Margin % is 7.48. Vipshop Holdings' value of 10.20% is 36.4% above this industry median. Based on the distribution chart, Vipshop Holdings ranks #509 out of 1121 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Vipshop Holdings has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vipshop Holdings' EBITDA Margin % compare to GLBE and ETSY?
According to the Retail - Cyclical industry distribution chart, Vipshop Holdings ranks #509 out of 1121 companies for EBITDA Margin %. This puts Vipshop Holdings in the upper half of its industry. The industry median EBITDA Margin % is 7.48. Vipshop Holdings' value of 10.20% is 36.4% above this benchmark. Historically, Vipshop Holdings' own EBITDA Margin % has ranged from 4.49 to 10.83 over the past decade. While the company's 10-year median is 7.37 vs. the industry median of 7.48, Vipshop Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Retail - Cyclical company?
The median EBITDA Margin % among Retail - Cyclical companies is 7.48, based on 1,121 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vipshop Holdings's current EBITDA Margin % of 10.20% is 36.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Vipshop Holdings and its competitors. For the Retail - Cyclical industry, the median EBITDA Margin % is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vipshop Holdings's current EBITDA Margin % is 10.20%, which is 38% above median its own 10-year median of 7.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vipshop Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vipshop Holdings (MEX:VIPS N) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN302.85, compared to a current price of MXN235.00 — trading 22.4% below its estimated fair value. The current EBITDA Margin % is 10.20%, which is 38% above median its 10-year median of 7.37 and 36.4% above the Retail - Cyclical industry median of 7.48. Vipshop Holdings' overall GF Score™ is 69/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Vipshop Holdings (MEX:VIPS N), the current EBITDA Margin % is 10.20% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vipshop Holdings (MEX:VIPS N) Overvalued in 2026?

Based on GuruFocus' analysis, Vipshop Holdings stock appears to be undervalued. The current stock price of MXN235.00 is trading 22.4% below its estimated GF Value™ of MXN302.85. GuruFocus considers Vipshop Holdings to be Modestly Undervalued.

Key valuation signals for MEX:VIPS N:

  • EBITDA Margin %: 10.20% (38% above median its 10-year median of 7.37)
  • GF Value™: MXN302.85 vs. price of MXN235.00 (22.4% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 36.4% above the Retail - Cyclical median (#509 of 1121)

No single metric tells the full story. See the MEX:VIPS N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vipshop Holdings Business Description

Address 128 Dingxin Road, Haizhu District, Guangdong Province, Guangzhou, CHN, 510220
Vipshop is a leading Chinese online discount retailer offering branded products at attractive discounts of 10%-90% off their original price through daily flash sales. It operates warehousing, retailing, product procurement, software development, and information technology support in-house while outsourcing to third-party logistics providers for distribution and shipments. Branded products on Vipshop's platform are sourced mostly through a consignment model with global brand partners. As of March 31, 2025, Eric Ya Shen, chair and CEO, had 64.5% voting rights. Leading Chinese social media firm and strategic shareholder Tencent also holds a 12.5% interest.
69GF Score

Get the complete analysis for MEX:VIPS N

EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN235.00
Price
MXN302.85
GF Value