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CoupangCPNG +3.07%69 EV-to-OCF is 18.74 as of Sep. 11, 2026, which is 7% above its 10-year median of 17.47. GuruFocus rates CPNG with a GF Score™ of 69/100 and a GF Value™ of $28.30 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Coupang ranks worse than 78.96% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Coupang's Enterprise Value is $26,701 Mil.
Coupang's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $1,425 Mil. Therefore, Coupang's EV-to-OCF for today is 18.74.
The historical rank and industry rank for Coupang's EV-to-OCF or its related term are showing as below:
CPNG'
s EV-to-OCF Range Over the Past 10 Years
Min: -266.39 Med: 17.47 Max: 956.16
Current: 18.74
During the past 8 years, the highest EV-to-OCF of Coupang was 956.16. The lowest was -266.39. And the median was 17.47.
CPNG's EV-to-OCF is ranked worse than 78.96% of 1131
companies
in the Retail - Cyclical industry
Industry Median: 7.32
vs CPNG: 18.74
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-09-11), Coupang's stock price is $15.12.
Coupang's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.430. Therefore, Coupang's PE Ratio (TTM) for today is At Loss.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Coupang's share price for today is $15.12.
Coupang's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.430.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Coupang EV-to-OCF Related Terms
Coupang EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Coupang's EV-to-OCF 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.
For the Internet Retail subindustry, Coupang's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Coupang's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Coupang's EV-to-OCF falls into.
Coupang's current Enterprise Value is $26,701 Mil.
Coupang's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,425 Mil.
* 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.
Coupang (CPNG) has a EV-to-OCF of 18.74 as of Sep. 11, 2026. This is near median its historical median of 17.47. According to the industry distribution chart, Coupang ranks #893 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 79%.
Is Coupang's EV-to-OCF too high?
Coupang's current EV-to-OCF of 18.74 is near median its 10-year median of 17.47. The Retail - Cyclical industry median EV-to-OCF is 7.32. Coupang's value of 18.74 is 156% above this industry median. Based on the distribution chart, Coupang ranks #893 out of 1131 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Coupang has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coupang's EV-to-OCF compare to JD and W?
According to the Retail - Cyclical industry distribution chart, Coupang ranks #893 out of 1131 companies for EV-to-OCF. This places Coupang in the lower half of its industry. The industry median EV-to-OCF is 7.32. Coupang's value of 18.74 is 156% above this benchmark. While the company's 10-year median is 17.47 vs. the industry median of 7.32, Coupang 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 EV-to-OCF for a Retail - Cyclical company?
The median EV-to-OCF among Retail - Cyclical companies is 7.32, based on 1,131 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coupang's current EV-to-OCF of 18.74 is 156% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median EV-to-OCF is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coupang's current EV-to-OCF is 18.74, which is near median its own 10-year median of 17.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coupang stock overvalued right now?
Based on GuruFocus' analysis, Coupang (CPNG) is currently considered Significantly Undervalued. The stock's GF Value™ is $28.30, compared to a current price of $15.12 — trading 46.6% below its estimated fair value. The current EV-to-OCF is 18.74, which is near median its 10-year median of 17.47 and 156% above the Retail - Cyclical industry median of 7.32. Coupang's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Coupang (CPNG), the current EV-to-OCF is 18.74 as of Sep. 11, 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 Coupang (CPNG) Overvalued in 2026?
Based on GuruFocus' analysis, Coupang stock appears to be undervalued.
The current stock price of $15.12 is trading 46.6% below its estimated GF Value™ of $28.30.
GuruFocus considers Coupang to be Significantly Undervalued.
Key valuation signals for CPNG:
EV-to-OCF: 18.74 (near median its 10-year median of 17.47)
GF Value™: $28.30 vs. price of $15.12 (46.6% below fair value)
Industry Position: 156% above the Retail - Cyclical median (#893 of 1131)
No single metric tells the full story. See the CPNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coupang is South Korea's largest e-commerce platform that sells both owned and third-party inventory. Headquartered in the US, Coupang operates e-commerce businesses mainly in South Korea and Taiwan. The company has built an integrated logistics network that covers the entirety of South Korea, with extensive fulfillment centers that ensure timely delivery, even for orders placed seconds before midnight. Outside of its bread-and-butter e-commerce business, Coupang has expanded into Rocket delivery services to third-party merchants (fulfillment and logistics by Coupang), online grocery delivery Rocket Fresh, online meal delivery (Eats), e-commerce in Taiwan, luxury e-commerce (Farfetch), and travel.
69GF Score
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