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JD.com, Inc (HJDD) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 4.6B SGD

JC JD.com, Inc HJDD · SG
Price1.72 SGD
Fair Value1.27 SGD
Upside-26.1%
Quality57/100
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Evidence: Medium Range 1.09 SGD – 1.79 SGD

Fair value as of: Jul 4, 2026

From 23 valuation models · updated today

Share price −8.5% over the past month.

Price vs Fair Value (12 months)

2.30 SGD 1.55 SGD Fair Value 1.27 SGD Jul 2025 Jul 2026

12‑month range 1.55 SGD – 2.30 SGD · fair‑value band 1.09 SGD – 1.79 SGD · the 1.72 SGD price screens above the 1.27 SGD fair value. As of Jul 4, 2026.

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Analysis

JD.com, Inc (HJDD) currently trades at 1.72 SGD, while our model-based Fair Value estimate is 1.27 SGD — implying the stock looks roughly 26.1% overvalued today. We read business quality at 57/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, JD.com, Inc generated revenue of 1.3T SGD at a net margin of 1.1%. Revenue grew 4.9% year over year. It earns a return on equity of 6.0%. The stock trades on a trailing P/E of 2.0. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 1.3T SGD
Revenue growth (YoY) +4.9%
Net margin 1.1%
Return on equity 6.0%
Free cash flow 4.8B SGD FY2025
P/E ratio 2.0
More key figures
Operating margin 1.2%
EPS (TTM) 0.8800 SGD
Dividend yield 3.8%
EPS growth (YoY) -50.7%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

JD.com, Inc. operates as a supply chain-based technology and service provider in the People's Republic of China and Europe. It operates through three segments: JD Retail, JD Logistics, and New Businesses. The company provides home appliances; mobile handsets and other digital products; computers, including desktop, laptop, and other various products, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics and other personal care items; and pet products. It offers women's shoes, bags, watches, jewelry, and luxury goods; men's shoes, sports gear, and fitness equipment; automobiles and accessories; maternal and childcare products; toys and musical instruments; food, beverages, and fresh produce; gifts, flowers, and plants; and pharmaceutical and healthcare products, such as OCT pharmaceutical products, nutritional supplements, healthcare services, and other healthcare equipment. In addition, the company provides books, e-books, music, movies, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JD.com, Inc reported revenue of 1.3T SGD in FY2025 versus 952B SGD in FY2021, a compound +8.3%/yr. Reported net income was 19.6B SGD in FY2025.

Revenue +8.3%/yr
FY21 952B SGD
FY22 1.0T SGD
FY23 1.1T SGD
FY24 1.2T SGD
FY25 1.3T SGD
Net income
FY21 −3.6B SGD
FY22 10.4B SGD
FY23 24.2B SGD
FY24 41.4B SGD
FY25 19.6B SGD

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Frequently asked questions

Is JD.com, Inc (HJDD) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.27 SGD versus a price of 1.72 SGD — about −26% (overvalued). Model-based estimate, not financial advice.
What is the fair value of HJDD?
Our model-based fair value for JD.com, Inc is 1.27 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.72 SGD.
What is the quality score of HJDD?
JD.com, Inc has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of JD.com, Inc (HJDD)?
JD.com, Inc reported trailing-twelve-month revenue of about 1.3T SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of HJDD?
The net profit margin of JD.com, Inc is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. Based on the latest reported figures.
Does JD.com, Inc pay a dividend?
JD.com, Inc currently shows a dividend yield of about 3.75% relative to its recent price (as of Jul 4, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.