AlphaMadera's AlphaVal page classifies Vipshop Holdings Limited as a Stable Earnings Power business and values it using P/Adj-EPS × Normalized Multiple, then compares the result to the current market price to flag VIPS as undervalued, fairly valued, or overvalued.

What is Vipshop Holdings Limited's fair value?

Fair value for VIPS comes from a P/Adj-EPS × Normalized Multiple model -- the approach AlphaVal selected for this company's Stable Earnings Power classification. The live AlphaVal page shows bear, base, and bull scenarios alongside the key assumption behind each.

How does AlphaMadera value VIPS?

AlphaVal routes each company to one of ten valuation archetypes based on its business model. VIPS was classified as Stable Earnings Power and is valued using P/Adj-EPS × Normalized Multiple, built from VIPS's most recent reported fundamentals.

VIPS - Vipshop Holdings Limited

Price: -- -- | CONSENSUS: Buy DETAILS | PRICE TARGET: $16.17 DETAILS

AlphaVal

Deterministic, archetype-aware fair value

Stable Earnings Power 80% confidence

Primary model: P/Adj-EPS × Normalized Multiple

Valuation Signal Undervalued Strong

Trading 65.5% below fair value

Current Price $12.96

Bear Case $32.89 153.8% upside ($32.89 - $12.96) / $12.96 = 153.8% $2.12 × 16x P/E

Fair Value $37.59 190.1% upside ($37.59 - $12.96) / $12.96 = 190.1% $2.12 × 18x P/E

Bull Case $42.29 226.3% upside ($42.29 - $12.96) / $12.96 = 226.3% $2.12 × 20x P/E

Adjust Assumptions

P/E Multiple

17.7x

Adjusted EPS

2.12$

Key Value Driver

Normalized P/E multiple (18x base case)

Terminal Value % of EV

Implied Market Multiple 6.1x

Market is pricing in (growth)

Plain-Language Summary

Applying a 18x P/E to adjusted EPS of $2.12, the base-case value is $37.59 per share.

Analyst Consensus (External Reference)

Never blended into the bear/base/bull estimates above -- shown only as an outside comparison.

Average Target (28 analysts) $16.17

Analyst Range $14.00 – $18.50

Divergence from AlphaVal 132%

Warnings

ℹ Wall Street's average price target is $16.17 (from 28 analysts). Our estimate is 132% above the consensus -- consider that gap carefully.

ℹ Financial statements were converted from CNY into USD using USDCNY at 0.1498 USD per CNY.

Key Risks

Growth DCF inappropriate — terminal value assumptions dominate
EV/EBITDA misleading for regulated businesses where capex is mandated
Regulatory risk is a fat tail not visible in normal multiples