# PDD Holdings Inc. American (PDD) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Internet & Direct Marketing Retail. Price $82.21, market value $117.0 billion.

## Valuation
- **P/E (trailing): 8.9×** (5-yr avg 113.4×, 3-yr avg 62.1×). PDD Holdings Inc. American trades at 8.9× trailing earnings, well below its own five-year average of 113.4×: cheap by its own standards. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 6.6×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 0.3×**. Each dollar of revenue is priced at 0.3×, 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: 94.6%**. Free cash flow equals 94.6% of the market value. Above 5% is generally attractive.
- **Earnings yield: 11.3%**. The inverse of the P/E: 11.3% of the price is earned each year.

## Profitability
- **Gross margin: 56.3%**. PDD Holdings Inc. American keeps 56.3% of revenue after the direct cost of what it sells.
- **Operating margin: 21.9%**. 21.9% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 22.7%**. 22.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 23.7%**. 23.7% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on assets: 102.2%**. Each dollar of assets produces 102.2% of profit.

## Growth
- **Revenue growth (1 yr): 14.5%** (3-yr 48.3%/yr, 5-yr 46.6%/yr). Revenue grew 14.5% over the last year, against 46.6% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -9.2%** (3-yr 44.0%/yr). Earnings per share fell 9.2%, slower than revenue, so margins compressed.

## Financial health
- **Current ratio: 2.43** (quick 2.43). Current assets cover the next year's liabilities 2.43 times.
- **Altman Z-score: 4.94**. A Z-score of 4.94 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. PDD Holdings Inc. American does not currently pay a dividend.

## Analyst view
- **Analyst consensus: buy** (34 analysts). 34 analysts cover PDD Holdings Inc. American; the consensus is buy, with an average price target of $116.25 (+41% 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): -33.6%** (YTD -27.5%, 3-mo -3.4%). The shares are down 33.6% over twelve months including dividends.
- **From 52-week high: -41.0%** (14.3% above the low). Trading 41% 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): 39**. An RSI of 39 is neutral.
- **Beta (1 yr): 0.97** (volatility 33%). Beta of 0.97 against the S&P 500: the shares move roughly with the market.

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

Not investment advice.