Stock AnalizPDD Holdings Inc. PDD
Business Services · IPO 2018 · data as of November 13, 2026
PDD Holdings Inc. (PDD) is a consumer discretionary company listed in the US with a market value of about $112.4B. In the twelve months to June 30, 2026 it had revenue of $67.6B and net income of $13.8B, a net margin of 20.4%.
Its overall Stock Analiz score is 3.2 out of 5 (average). The strongest part is financial health (5/5); the weakest is shareholder returns (1/5).
Key numbers: a P/E of 8.9, a price to free cash flow of 6.8, 5-year revenue growth of 47% a year, a 5-year average ROIC of 20%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 126% above the current price.
Score: 3.2 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
Checks not passed
- PEG below 1.5
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- Pays a dividend
- Share count down over 3 years (buybacks)
- 20% to 100% of free cash flow returned to shareholders
Valuation
Growth and quality
Financials, last 8 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $67.6B | $61.8B | $54.0B | $34.9B | $18.9B | $14.7B | $9.1B | $4.3B | $1.9B |
| Net income | $13.8B | $14.0B | $15.4B | $8.5B | $4.6B | $1.2B | -$1.1B | -$1.0B | -$1.5B |
| Free cash flow | $16.6B | — | — | — | — | — | $4.3B | $2.1B | $1.1B |
| EPS (diluted) | $9.33 | $9.83 | $10.82 | $5.94 | $3.21 | $0.86 | $-0.77 | $-0.70 | $-1.04 |
| Net margin | 20.4% | 22.7% | 28.5% | 24.2% | 24.2% | 8.3% | -12.1% | -23.1% | -77.9% |
| ROIC | — | 18.2% | 28.8% | 24.9% | 21.9% | 7.3% | -15.4% | -26.8% | -45.3% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
Frequently asked questions
What is PDD’s P/E ratio?
About 8.9, based on the last twelve months of diluted earnings per share (forward P/E about 6.3).
Is PDD stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 126% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does PDD pay a dividend?
Not currently.
Is PDD a good stock to buy?
We do not give buy or sell advice. PDD scores 3.2 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.