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PDD HoldingsLIM:PDD 67 10-Year ROIIC % is 52.98 as of Dec. 2025. GuruFocus rates LIM:PDD with a GF Score™ of 67/100 and a GF Value™ of $151.09 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 917 Retail - Cyclical companies, PDD Holdings ranks better than 90.95% on this metric.
10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year.
PDD Holdings does not have enough data to calculate 10-Year ROIIC %.
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
PDD Holdings 10-Year ROIIC % Related Terms
PDD Holdings 10-Year ROIIC % Historical Data
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The historical data trend for PDD Holdings's 10-Year ROIIC % 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.
LIM:PDD vs MELI, DASH, SE: 10-Year ROIIC % Comparison
For the Internet Retail subindustry, PDD Holdings's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.
PDD Holdings 10-Year ROIIC % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PDD Holdings's 10-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where PDD Holdings's 10-Year ROIIC % falls into.
PDD Holdings's 10-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:
10-Year ROIIC %
=
10-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
10-Year Incremental Invested Capital**
=
( 10814.2397406 (Dec. 2025) - (Dec. 2015) )
/
( 19931.752 (Dec. 2025) - (Dec. 2015) )
=
/
=
N/A%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
PDD Holdings (LIM:PDD) has a 10-Year ROIIC % of 52.98 as of Dec. 2025. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on PDD Holdings and its competitors. According to the industry distribution chart, PDD Holdings ranks #83 out of 917 companies in the Retail - Cyclical industry, placing it in the top 9.1%.
Is PDD Holdings' 10-Year ROIIC % too high?
PDD Holdings' current 10-Year ROIIC % is 52.98. The Retail - Cyclical industry median 10-Year ROIIC % is 3.93. PDD Holdings' value of 52.98 is 1248.1% above this industry median. Based on the distribution chart, PDD Holdings ranks #83 out of 917 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, PDD Holdings has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PDD Holdings' 10-Year ROIIC % compare to MELI and DASH?
According to the Retail - Cyclical industry distribution chart, PDD Holdings ranks #83 out of 917 companies for 10-Year ROIIC %. This places PDD Holdings in the top 9% of its industry — outperforming the majority of peers. The industry median 10-Year ROIIC % is 3.93. PDD Holdings' value of 52.98 is 1248.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 10-Year ROIIC % for a Retail - Cyclical company?
The median 10-Year ROIIC % among Retail - Cyclical companies is 3.93, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a 10-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 10-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PDD Holdings's current 10-Year ROIIC % of 52.98 is 1248.1% 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 10-Year ROIIC % mean?
A high 10-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 10-Year ROIIC % measures the change in earnings as a percentage of change in investment over 10-year. View historical data on PDD Holdings and its competitors. For the Retail - Cyclical industry, the median 10-Year ROIIC % is 3.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PDD Holdings's current 10-Year ROIIC % is 52.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PDD Holdings stock overvalued right now?
Based on GuruFocus' analysis, PDD Holdings (LIM:PDD) is currently considered Significantly Undervalued. The stock's GF Value™ is $151.09, compared to a current price of $82.50 — trading 45.4% below its estimated fair value. The current 10-Year ROIIC % is 52.98 and 1248.1% above the Retail - Cyclical industry median of 3.93. PDD Holdings' overall GF Score™ is 67/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 10-Year ROIIC % calculated?
10-Year ROIIC % is calculated from a company's financial statements. For PDD Holdings (LIM:PDD), the current 10-Year ROIIC % is 52.98 as of Dec. 2025. 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 PDD Holdings (LIM:PDD) Overvalued in 2026?
Based on GuruFocus' analysis, PDD Holdings stock appears to be undervalued.
The current stock price of $82.50 is trading 45.4% below its estimated GF Value™ of $151.09.
GuruFocus considers PDD Holdings to be Significantly Undervalued.
Key valuation signals for LIM:PDD:
10-Year ROIIC %: 52.98
GF Value™: $151.09 vs. price of $82.50 (45.4% below fair value)
Industry Position: 1248.1% above the Retail - Cyclical median (#83 of 917)
No single metric tells the full story. See the LIM:PDD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PDD Holdings operates commerce businesses globally. Its main operations are Pinduoduo, a social commerce platform in China, and Temu, a global e-commerce marketplace. PDD also has a community group purchase business in China. PDD has built a network of sourcing, logistics, and fulfillment capabilities that support its underlying businesses. PDD has also started its first-party brand business for global markets.
67GF Score
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10-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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