# Kingsoft Cloud Holdings Limited (KC) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Technology / Software. Price $7.61, market value $2.3 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Kingsoft Cloud Holdings Limited reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.2×**. Each dollar of revenue is priced at 0.2×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.7×**. The shares trade at 1.7× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 61.5%**. Free cash flow equals 61.5% of the market value. Above 5% is generally attractive.

## Profitability
- **Gross margin: 15.1%**. Kingsoft Cloud Holdings Limited keeps 15.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: -1.0%**. Operating margin is negative: the business loses money before interest and tax.
- **Net margin: -9.8%**. The company reported a net loss over the last twelve months.
- **Return on equity: -10.0%**. Return on equity is negative because earnings are negative.
- **Return on invested capital: -7.9%**. Return on all capital, debt included, is -7.9%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -15.7%**. Each dollar of assets produces -15.7% of profit.

## Growth
- **Revenue growth (1 yr): 28.2%** (3-yr 4.8%/yr, 5-yr 6.3%/yr). Revenue grew 28.2% over the last year, against 6.3% a year compounded over five years: growth is accelerating.
- **EPS growth (1 yr): 57.1%**. Earnings per share rose 57.1%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.68**. Debt is 0.68 times equity, moderate leverage.
- **Net debt / EBITDA: 5.5×**. It would take 5.5 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Interest coverage: -0.2×**. Operating profit covers interest only -0.2×: fragile.
- **Current ratio: 1.17** (quick 1.17). Current assets cover the next year's liabilities 1.17 times.
- **Altman Z-score: 1.37**. A Z-score of 1.37 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Kingsoft Cloud Holdings Limited does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (13 analysts). 13 analysts cover Kingsoft Cloud Holdings Limited; the consensus is strong_buy, with an average price target of $20.14 (+165% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -37.0%** (YTD -23.2%, 3-mo -33.3%). The shares are down 37.0% over twelve months including dividends.
- **From 52-week high: -58.9%** (0.5% above the low). Trading 59% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 37**. An RSI of 37 is neutral.
- **Beta (1 yr): 2.33** (volatility 72%). Beta of 2.33 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=KC · Page: https://foliofundamentals.com/stocks/kc

Not investment advice.