QualityDipStocks / Consumer Discretionary · Other Specialty Stores
JD.com JD
Outside our quality screen, so we don’t track its dips. It’s 24% below its 52-week high.
Outside our quality screen. No fair value estimate for now: its share count is unclear.
- Fair value est.
- n/a
- Market Value
- —
- Off 52-wk high
- −24%
- Risk vs market
- Lowbeta 0.59
5 bullish · 5 bearish See why
Key levels
Every level vs today’s $25.68
- 52-wk lowlowest close, 1 year$25.19−1.9%
- PriceFri Oct 30 close$25.68you are here
- 52-wk highhighest close, 1 year$33.77+31.5%
Fair value estimate
No estimate for JD: SEC share count doesn't match the listed ADRs (ADR ratio unclear). We’d rather show nothing than a made-up number.
Risk vs market
How risk vs market is measured
One year of daily returns (Oct 30 to Oct 30, 252 sessions). Beta = how much JD moved for each 1% move in the S&P 500 (SPY); 1.0 moves with the market. Volatility is the yearly standard deviation of daily returns. Past behavior, not a forecast.
Moves much less than the market, but its own price swings are 2.3× the S&P 500’s (it moves on its own news).
- Beta vs S&P 500
- 0.59
- Volatility
- 30% vs 13% SPY
- Correlation SPY
- 0.26
- Correlation QQQ
- 0.18
Bull vs bear
Rule-based from the data on this page, strongest first. Not advice.
Top bullish points 5 of 5
Balance sheetNet cash of $24.6B: cash and short-term investments exceed debt (Dec 31, 2025).
ValuationP/E of 11.6× vs a 20.9× median for the 169 Consumer Discretionary companies we cover.
Cash returnsDividend yield of 4.5% ($1.6B paid over 12 months, 53% of earnings).
ValuationEV/EBITDA of 5.2×: modest for what the business earns before interest, tax and depreciation.
ValuationFree-cash-flow yield of 4.9% (price / FCF 20.5×): $1.7B of free cash in the last 12 months.
Top bearish points 5 of 5
Balance sheetOperating income covers interest only 1.0× over the last 12 months.
Balance sheetDebt rose 259% to $7.5B from FY2021 to FY2025.
Cash returnsFree cash flow fell 79% over the last 12 months vs the 12 months before.
ProfitabilityReturn on invested capital of 4%, below the 9.5% discount rate our DCF uses.
QualityDoesn’t pass our quality screen: ROE under 12% and ROIC under 10%; sales down vs the year-ago quarter.
Who’s talking about it
Notable investors, executives, analysts and public figures on JD.com in the last 48 hours. Headlines as published, each linked. Their words, not ours.
No notable mentions in the last 48 hours. Checked Nov 1, 9:09 PM ET.
Compare with peers
Closest in size in Other Specialty Stores
All fundamentals
P/E 11.6 · FCF yield 4.9% · ROE 8%
Valuation
- P/E
- 11.6×Consumer Discretionary median 20.9×
- Price / FCF
- 20.5×
- FCF yield
- 4.9%
- EV / EBITDA
- 5.2×
- Price / sales
- 0.17×
- Price / book
- 1.02×
- Market cap
- $34.4Blisted
- Enterprise value
- $9.8B
Growth
- Revenue, 12 months
- $197B
- Sales growth, 12 months
- +13.0%vs the 12 months before
- Sales growth, 3 yrs
- +7.8%/yrfrom FY2022
- Diluted EPS, 12 months
- $6.45
- EPS growth, last FY
- −52.0%
- Net income, 12 months
- $3.0B
- Net income growth
- −53%12 months vs before
Profitability
- Gross margin
- 16.0%
- Operating margin
- 0.2%
- Net margin
- 1.5%
- FCF margin
- 0.9%
- Return on equity
- 8%
- Return on invested capital
- 4%
Balance sheet
- Cash & short-term inv.
- $32.1B
- Total debt
- $7.5B
- Net cash
- $24.6B
- Debt / equity
- 0.22×
- Interest coverage
- 1.0×operating income / interest
Cash flow & returns
- Free cash flow, 12 months
- $1.7B
- FCF growth, 12 months
- −79%
- Dividend yield
- 4.54%$1.6B paid
- Payout ratio
- 53%
- Buybacks, 12 months
- $3.2B9.4% of market cap
- Share count, 1 year
- n/ano quarterly diluted share count
- Stock-based comp
- $711M
Trailing 12 months to Dec 31, 2025; balance sheet at Dec 31, 2025. From JD.com’s SEC filings, reported in CNY and converted to US dollars. Sparklines show up to six fiscal years. n/a means we don’t hold that number, with the reason. How each is computed.
Valuation details
FCF value $689.22
Setup & signals
No setup armed
No setup armed, so there’s no trigger or stop to track yet. Reversal signal rules only run on companies that pass our quality screen.
Momentum & 52-week range
RSI 40 · 5 days +1.3%
The business
FCF $36.9B · Sales −3%
- Free cash flow, 12 months$36.9B
- Free-cash-flow yield107.4%
- Free-cash-flow margin3%
- Gross margin17%
- Operating margin0%
- Return on invested capital1%
- Return on equity7%
- Sales growth (latest quarter vs year-ago quarter)−3%
- Net debt / EBITDA0.6×
Next report
Nov 12
- DateThu Nov 12
- Consensus EPS$0.95
- Year-ago EPS$0.44
- QuarterSep/2026
From Nasdaq’s earnings calendar. A report resets Market Value.
Information only, not investment advice. Fair value estimates and talking points are rule-based model output from public data and can be wrong; stop levels are reference points, not orders. How every number is computed.
JD is outside our quality screen
One text when a published rule fires on one of the 333 quality companies we track: the ticker, the price, the stop and a link to the numbers. Nothing else.