PDD Holdings Inc.
$74.92B- Market cap
- $117.02B
- Debt
- +$18.30B
- Cash
- −$60.39B
Capital structure 86% equity / 14% debt · EV / Revenue 1.21x · EV / EBITDA 4.27x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 · Mkt cap
Decision snapshot: PDD stock price vs DIS: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at DIS's multiple
Needs DIS P/E.
Implied fair value · at PDD's multiple
Needs PDD P/E.
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple discount
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: PDD FY 2025 (ended Dec 31, 2025) · DIS FY 2025 (ended Sep 27, 2025). Fiscal years are not aligned.
Trendline
Eight fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 86% equity / 14% debt · EV / Revenue 1.21x · EV / EBITDA 4.27x
Capital structure 79% equity / 21% debt · EV / Revenue 2.38x · EV / EBITDA 13.60x
DIS carries the larger enterprise value at $224.88B against $74.92B; PDD trades on the lower EV / Revenue multiple (1.21x vs 2.38x); PDD on the lower EV / EBITDA (4.27x vs 13.60x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
PDD Holdings Inc. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
WALT DISNEY CO/ · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.31x
0.44x
Net debt / EBITDA
Leverage against operating earnings
-2.40x
2.60x
Cash and equivalents
Liquid reserves on the balance sheet
$60.39B
$5.70B
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
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