Financial Analysis: Global-e Online (NASDAQ:GLBE) & Coupang (NYSE:CPNG)

Global-e Online (NASDAQ:GLBE) and Coupang (NYSE:CPNG) are both retail/wholesale companies, but which is the superior business? We will contrast the two companies based on the strength of their dividends, risk, valuation, institutional ownership, earnings, analyst recommendations and profitability.

Earnings & Valuation

This table compares Global-e Online and Coupang”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Global-e Online	$962.20 million	5.58	$68.27 million	$0.37	85.43
Coupang	$34.53 billion	1.09	$208.00 million	$0.12	170.88

Coupang has higher revenue and earnings than Global-e Online. Global-e Online is trading at a lower price-to-earnings ratio than Coupang, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Global-e Online has a beta of 1.28, meaning that its share price is 28% more volatile than the S&P 500. Comparatively, Coupang has a beta of 1.16, meaning that its share price is 16% more volatile than the S&P 500.

Profitability

This table compares Global-e Online and Coupang’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Global-e Online	7.10%	7.46%	5.31%
Coupang	0.60%	4.52%	1.18%

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Global-e Online and Coupang, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Global-e Online	0	2	11	2	3.00
Coupang	2	3	6	0	2.36

Global-e Online presently has a consensus target price of $46.77, indicating a potential upside of 47.96%. Coupang has a consensus target price of $27.30, indicating a potential upside of 33.13%. Given Global-e Online’s stronger consensus rating and higher probable upside, equities analysts clearly believe Global-e Online is more favorable than Coupang.

Institutional and Insider Ownership

94.6% of Global-e Online shares are owned by institutional investors. Comparatively, 83.7% of Coupang shares are owned by institutional investors. 11.6% of Global-e Online shares are owned by company insiders. Comparatively, 12.8% of Coupang shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Global-e Online beats Coupang on 11 of the 15 factors compared between the two stocks.

About Global-e Online

Global-E Online Ltd., together with its subsidiaries, provides a platform to enable and accelerate direct-to-consumer cross-border e-commerce in Israel, the United Kingdom, the United States, and internationally. Its platform enables international shoppers to buy online and merchants to sell from, and to, worldwide. The company was incorporated in 2013 and is headquartered in Petah Tikva, Israel.

About Coupang

Coupang, Inc., together with its subsidiaries owns and operates retail business through its mobile applications and Internet websites primarily in South Korea. The company operates through Product Commerce and Developing Offerings segments. It sells various products and services in the categories of home goods and décor products, apparel, beauty products, fresh food and groceries, sporting goods, electronics, and everyday consumables, as well as travel, and restaurant order and delivery services. In addition, the company offers Rocket Fresh, which offers fresh groceries; Coupang Eats, a restaurant ordering and delivery services; and Coupang Play, an online content streaming services, as well as advertising products. It also performs operations and support services in the United States, South Korea, Taiwan, Singapore, China, Japan, and India. Coupang, Inc. was incorporated in 2010 and is headquartered in Seattle, Washington.