
"CPNG (overvalued): S. Korean e-commerce giant, 45% pop. reach. Revenue +27% YoY Q3'24, GM 28.85%, OM 1.49%. WOW subs +133% 2020-23. FLC growing 130%+ YoY. Valuation high at 41x PE, 27x EV/EBITDA. High capex, but building ecosystem. Currency risk. Margins need to improve to justify valuation."
A look at Coupang $CPNG (South Korea).
Momentum Financial
December 8, 2024
Stock Idea