Vipshop Holdings Ltd. ADR
Vipshop Holdings Ltd. ADR is a consumer-focused online retail company that operates discount shopping platforms in China. Vipshop Holdings Ltd. provides branded merchandise across categories such as apparel, beauty, footwear, accessories, home goods, and everyday consumer products through its flash-sale model, which offers limited-time deals on selected inventory. The company also supports its retail operations with logistics, warehousing, product sourcing, and technology services that help manage order fulfillment and distribution. In addition to its core e-commerce platform, Vipshop Holdings Ltd. operates offline retail and outlet-related businesses, giving it a broader presence across digital and physical retail channels. Based in Guangzhou, China, the company plays a notable role in the country’s online discount retail market by connecting consumers with well-known brands at reduced prices through a streamlined shopping experience.
$12.86
-$0.31 (-2.35%)
EOD Oct 16, 2026
Operating margin is thin at 7.53%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue declined 2.3% YoY. The question is whether this is cyclical or a structural shift.
ROIC dropped from 16.12% to 13.29%, capital efficiency is deteriorating.
4.1x earnings, 7.8x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
¥105.13B
▼ -2.3% YoY
Net Income (TTM)
¥10.52B
▼ -5.5% YoY
Op. Margin
7.63%
▼ -0.8pp YoY
ROIC
13.29%
▼ -2.8pp YoY
Cash Flow & Balance Sheet
FCF (FY)
¥5.39B
▼ -3.2% YoY
Op. Cash Flow (FY)
¥7.45B
▼ -24.3% YoY
Net Debt
-¥22.16B
Net Cash Position
Cash & Equiv.
¥28.77B
3Y CAGR: +0.9%
3Y CAGR: -10.1%
Continue Research
Is Vipshop Holdings Ltd. ADR (VIPS) overvalued?
At a P/E of 4.1 and a price-to-free-cash-flow of 7.8, Vipshop Holdings Ltd. ADR (VIPS) trades below a two-stage DCF intrinsic value of about CNY 442.80 per share, so at CNY 12.86 the stock looks undervalued (3,343.3% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Vipshop Holdings Ltd. ADR scores 65/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 4.9%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Vipshop Holdings Ltd. ADR's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about CNY 442.80 per share for VIPS, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around CNY 332.10. At today's CNY 12.86, that puts the stock about 3,343.3% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Vipshop Holdings Ltd. ADR a high-quality business?+
Vipshop Holdings Ltd. ADR scores 65 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 7.6% operating margin and a 13.3% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Vipshop Holdings Ltd. ADR (VIPS) pay a dividend, and how much?+
Yes, Vipshop Holdings Ltd. ADR pays a regular dividend of about CNY 4.23 per share per year (typically in quarterly installments), a yield of roughly 4.9% at the current price. That is a payout ratio of about 19.7% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For VIPS's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Vipshop Holdings Ltd. ADR a good stock to buy right now?+
That depends on valuation and quality together, not either alone. VIPS currently trades below its estimated intrinsic value and scores 65/100 on quality (solid). It also yields about 4.9%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.