COMPARE · Data as of August 24, 2026

BABA vs PDD

Verdict: Side-by-side breakdown using the Bull Rankings model. BABA scored 39.4, PDD scored 68.1 — PDD leads.
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Different reporting periods. BABA's fundamentals are as of March 2026, but PDD's are as of December 2025 — a 3-month gap. Growth, margin and valuation figures below therefore describe different windows and aren't strictly like-for-like.
BABA
Alibaba Group Holding Limited
Internet Retail · Quality-Growth
39.4
$118.47 · $284.0B
fundamentals as of
Score gap
28.7
PDD leads
PDD
PDD Holdings Inc.
Internet Retail · Quality-Growth
68.1
$87.07 · $123.9B
fundamentals as of
  • Fastest growthPDD+9.7%
  • Strongest balance sheetPDD0.01
  • Highest qualityPDD89 / 100
  • Largest discount to fair valuePDD-64%
THE BULL RANKINGS SCORECARD39.4/ 100 · BULL SCOREPEER MEDIANQUALITY44.3GROWTH37.9VALUE66.0
THE BULL RANKINGS SCORECARD68.1/ 100 · BULL SCOREPEER MEDIANQUALITY89.3GROWTH81.1VALUE79.2
BABAPDDQuality44.389.3Growth37.981.1Value66.079.2
FCFBABA-$7.6bPDD$15.9b
RevBABA+2.7%PDD+9.7%
D/EBABA0.24PDD0.01
PEGBABA0.50PDD0.82
BABA
stronger →← stronger
PDD
44
Qualityreturns · margins · balance sheet
89
38
Growthrevenue & earnings expansion
81
66
Valuevaluation vs sector peers
79
PDD is stronger on 3 of 3 pillars.
BABA
PDD
-$7.6bF
FCF
$15.9bA-
+2.7%C
Rev
+9.7%B
0.24A-
D/E
0.01A
1.8xC+
P/S
0.50A
PEG
0.82B+
P/E
9.2xA
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
BABA
PDD
Price vs fair valuelower is cheaper
64% below
Growth the price implies10-yr FCF · lower = less priced in
~-12%/yr
1-yr DCF upside
+122%
5-yr DCF upside
+179%
10-yr DCF upside
+289%
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
BABA
Why this score
  • Foreign reporter (CNY)
PDD
Why this score
  • Durable high returns
  • Foreign reporter (CNY)
BABAAlibaba Group Holding Limited
Internet Retail · $118.47 · beta 0.51
Why now
Internet Retail · market cap $284.0b. Down 39% from 52-week high of $192.67 — deep drawdown territory. PEG 0.50 — paying under fair value for the growth rate. 39 sell-side analysts rate this a Strong Buy with a mean 1-yr target of $188.37 (implying +59% upside).
Moat
$284.0b market cap places it among the largest companies in the sector — distribution, R&D, and customer-acquisition costs amortize across a base peers can't replicate.
Risk
Free cash flow is negative (-$7.6b) — capital raises or debt issuance likely required; dilution / leverage risk. Down 39% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. E-commerce competition — Amazon, Walmart, Shein, and Temu have each forced the rest of the category to compete on price, fulfillment speed, or assortment; sustaining margins requires one of those being structurally defended.
PDDPDD Holdings Inc.
Internet Retail · $87.07 · beta -0.01
Why now
Internet Retail · market cap $123.9b. Down 38% from 52-week high of $139.41 — deep drawdown territory. PEG 0.82 — paying under fair value for the growth rate. 34 sell-side analysts rate this a Buy with a mean 1-yr target of $116.89 (implying +34% upside).
Moat
Net margin 23% sits well above the S&P median (~11%) — suggests structural pricing advantage or cost discipline competitors can't quickly close. ROE 24% sits above Buffett's preferred 15% threshold — the equity base is compounding at a rate the market struggles to discount accurately. FCF converts 112% of net income — earnings translate cleanly into cash, a sign that working capital and capex are well-disciplined.
Risk
Down 38% from the 52-week high — the market is pricing in something the screen can't see; verify the bear case before sizing up. E-commerce competition — Amazon, Walmart, Shein, and Temu have each forced the rest of the category to compete on price, fulfillment speed, or assortment; sustaining margins requires one of those being structurally defended.
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.

Where BABA and PDD diverge

On the headline score the gap is 28.7 points in favor of PDD. The widest single difference is Quality, where PDD leads by 45.0 points.

Pillars run 0–100 against sector peers, so a score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.