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Is the EV/FCF ratio high or low?

The EV/FCF ratio of 5.57x is 67% below its 5-year average of 17.00x, near the low end of its 5-year range (5.57x–46.49x).

As of Friday, June 26, 2026. 41.26% below its 12-month average of 9.48x.

PDD EV/FCF Ratio

PDD EV/FCF Ratio Chart

5.57x
-40.93% 1Y
PDD EV/FCF Ratio

PDD Average EV/FCF Ratio Chart

PDD EV/FCF Ratio

PDD Current vs Average EV/FCF Ratio Chart

PDD EV/FCF Ratio Metrics

EV/FCF RATIO

5.57x

EV/FCF RATIO AVG TTM

9.48x

EV/FCF RATIO AVG 3Y

13.39x

EV/FCF RATIO AVG 5Y

16.92x

EV/FCF RATIO AVG 10Y

N/A

EV/FCF RATIO AVG 15Y

N/A

EV/FCF RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-41.26%

CURRENT VS 3Y AVG

-58.41%

CURRENT VS 5Y AVG

-67.08%

CURRENT VS 10Y AVG

N/A

CURRENT VS 15Y AVG

N/A

CURRENT VS 20Y AVG

N/A

PDD Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
PDD Holdings Inc. (PDD)$104.33B5.57x9.48x13.39x16.92x
Marriott International, Inc. (MAR)vs ›$99.91B38.22x42.84x36.99x62.07x
Starbucks Corporation (SBUX)vs ›$117.57B51.65x53.64x43.30x42.67x
BYD Company Limited (BYDDY)vs ›$87.85BN/A1526.99x522.72x375.08x
Royal Caribbean Cruises Ltd. (RCL)vs ›$86.53B79.30x54.54x54.14x54.39x
Lowe's Companies, Inc. (LOW)vs ›$124.44B21.79x24.22x24.85x24.94x
Airbnb, Inc. (ABNB)vs ›$84.21B17.96x16.94x19.02x29.39x
MercadoLibre, Inc. (MELI)vs ›$82.09B8.48x14.10x16.68x56.06x
Hilton Worldwide Holdings Inc. (HLT)vs ›$77.53B42.32x37.95x36.27x80.87x
Carvana Co. (CVNA)vs ›$72.62B63.82x88.96x61.61x61.61x

Cash Flow Valuation Comparison

EV/FCF

5.6x

P/FCF

7.3x

FCF Yield

13.77%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/FCF Ratio FAQ

What is the EV/FCF ratio for PDD Holdings Inc. (PDD)?
The EV/FCF ratio for PDD stock is 5.57x.
Is PDD Holdings Inc.'s EV/FCF ratio high or low?
The EV/FCF ratio of 5.57x is 67% below its 5-year average of 17.00x, near the low end of its 5-year range (5.57x–46.49x).
What is the TTM average EV/FCF ratio for PDD Holdings Inc. (PDD)?
The TTM average EV/FCF ratio for PDD stock is 9.48x.
What is the 3Y average EV/FCF ratio for PDD Holdings Inc. (PDD)?
The 3Y average EV/FCF ratio for PDD stock is 13.39x.
What is the 5Y average EV/FCF ratio for PDD Holdings Inc. (PDD)?
The 5Y average EV/FCF ratio for PDD stock is 16.92x.

PDD EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-255.57x
2026-06-245.81x
2026-06-235.89x
2026-06-226.04x
2026-06-186.19x
2026-06-176.22x
2026-06-166.39x
2026-06-156.58x
2026-06-126.38x
2026-06-116.36x
2026-06-106.41x
2026-06-096.42x
2026-06-086.49x
2026-06-056.73x
2026-06-046.81x
2026-06-036.76x
2026-06-027.04x
2026-06-016.95x
2026-05-296.67x
2026-05-286.53x
2026-05-276.88x
2026-05-267.88x
2026-05-227.67x
2026-05-217.99x
2026-05-208.03x
2026-05-197.95x
2026-05-187.71x
2026-05-157.80x
2026-05-147.77x
2026-05-138.17x
2026-05-127.79x
2026-05-118.09x
2026-05-088.09x
2026-05-078.36x
2026-05-068.44x
2026-05-057.89x
2026-05-047.99x
2026-05-018.18x
2026-04-308.20x
2026-04-297.98x
2026-04-288.61x
2026-04-278.72x
2026-04-248.68x
2026-04-238.66x
2026-04-228.88x
2026-04-218.77x
2026-04-209.28x
2026-04-179.33x
2026-04-169.23x
2026-04-159.06x
2026-04-149.07x
2026-04-138.95x
2026-04-108.89x
2026-04-098.93x
2026-04-089.23x
2026-04-078.83x
2026-04-068.96x
2026-04-028.96x
2026-04-019.04x
2026-03-319.08x
2026-03-308.72x
2026-03-278.85x
2026-03-268.93x
2026-03-259.12x
2026-03-248.69x
2026-03-238.51x
2026-03-208.51x
2026-03-198.62x
2026-03-188.94x
2026-03-179.29x
2026-03-169.24x
2026-03-139.13x
2026-03-129.03x
2026-03-119.15x
2026-03-109.34x
2026-03-099.13x
2026-03-069.06x
2026-03-058.94x
2026-03-048.99x
2026-03-038.94x
2026-03-029.14x
2026-02-279.23x
2026-02-269.39x
2026-02-259.53x
2026-02-249.53x
2026-02-239.43x
2026-02-209.35x
2026-02-199.06x
2026-02-189.15x
2026-02-179.05x
2026-02-138.90x
2026-02-128.89x
2026-02-119.31x
2026-02-109.39x
2026-02-099.41x
2026-02-069.37x
2026-02-059.02x
2026-02-049.08x
2026-02-039.19x
2026-02-029.20x
2026-01-308.97x
2026-01-299.13x
2026-01-289.14x
2026-01-279.54x
2026-01-269.53x
2026-01-239.48x
2026-01-229.45x
2026-01-219.44x
2026-01-209.30x
2026-01-169.52x
2026-01-159.59x
2026-01-149.63x
2026-01-1310.06x
2026-01-1210.67x
2026-01-0910.85x
2026-01-0810.95x
2026-01-0710.89x
2026-01-0611.05x
2026-01-0510.71x
2026-01-0210.39x
2025-12-3110.16x
2025-12-3010.20x
2025-12-2910.23x
2025-12-2610.31x
2025-12-2410.16x
2025-12-2310.03x
2025-12-2210.02x
2025-12-199.79x
2025-12-189.43x
2025-12-179.35x
2025-12-169.74x
2025-12-159.87x
2025-12-1210.02x
2025-12-1110.02x
2025-12-1010.34x
2025-12-0910.52x
2025-12-0810.57x
2025-12-0510.57x
2025-12-0410.49x
2025-12-0310.53x
2025-12-0210.69x
2025-12-0110.63x
2025-11-2810.42x
2025-11-2610.39x
2025-11-2510.22x
2025-11-2410.17x
2025-11-2110.14x
2025-11-2010.11x
2025-11-1910.60x
2025-11-1810.75x
2025-11-1714.16x
2025-11-1414.37x
2025-11-1314.78x
2025-11-1214.96x
2025-11-1115.08x
2025-11-1015.19x
2025-11-0714.93x
2025-11-0615.04x
2025-11-0514.99x
2025-11-0414.70x
2025-11-0314.80x
2025-10-3114.82x
2025-10-3014.95x
2025-10-2915.19x
2025-10-2815.18x
2025-10-2715.15x
2025-10-2414.72x
2025-10-2314.64x
2025-10-2214.27x
2025-10-2114.35x
2025-10-2014.44x
2025-10-1714.09x
2025-10-1613.96x
2025-10-1513.99x
2025-10-1413.94x
2025-10-1313.99x
2025-10-1013.61x
2025-10-0914.41x
2025-10-0814.70x
2025-10-0714.66x
2025-10-0614.76x
2025-10-0314.75x
2025-10-0214.86x
2025-10-0114.77x
2025-09-3014.51x
2025-09-2914.34x
2025-09-2614.27x
2025-09-2514.38x
2025-09-2414.38x
2025-09-2314.10x
2025-09-2214.10x
2025-09-1914.21x
2025-09-1814.60x
2025-09-1714.82x
2025-09-1614.16x
2025-09-1513.97x
2025-09-1213.75x
2025-09-1113.78x
2025-09-1013.66x
2025-09-0913.82x
2025-09-0813.70x
2025-09-0513.66x
2025-09-0413.57x
2025-09-0313.63x
2025-09-0213.32x
2025-08-2913.15x
2025-08-2813.38x
2025-08-2713.38x
2025-08-2613.57x
2025-08-2514.06x
2025-08-2211.28x
2025-08-2110.89x
2025-08-2010.43x
2025-08-1910.53x
2025-08-1810.46x
2025-08-1510.52x
2025-08-1410.13x
2025-08-1310.31x
2025-08-1210.29x
2025-08-119.97x
2025-08-0810.09x
2025-08-0710.08x
2025-08-0610.06x
2025-08-059.93x
2025-08-049.88x
2025-08-019.70x
2025-07-3110.01x
2025-07-309.96x
2025-07-2910.19x
2025-07-2810.32x
2025-07-2510.47x
2025-07-2410.45x
2025-07-2310.48x
2025-07-2210.16x
2025-07-219.85x
2025-07-189.60x
2025-07-179.50x
2025-07-169.24x
2025-07-159.23x
2025-07-148.99x
2025-07-119.22x
2025-07-109.22x
2025-07-099.23x
2025-07-089.35x
2025-07-079.25x
2025-07-039.10x
2025-07-029.13x
2025-07-019.27x
2025-06-309.20x
2025-06-279.24x
2025-06-269.30x
2025-06-259.43x
2025-06-249.43x
2025-06-238.94x
2025-06-208.88x
2025-06-188.97x
2025-06-179.00x
2025-06-169.02x
2025-06-138.82x
2025-06-129.08x

Showing the most recent 260 of 1,907 data points. The chart above shows the full history.

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Dublin
23,465 employees
Consumer Cyclical / Software - Services
Sector
Consumer Cyclical
Industry
Software - Services
CEO
Lei Chen