More Likely to 5x First: Beyond Meat or Coupang

Motley Fool2022-12-21

Beyond Meat and Coupang both disappointed a lot of investors. Beyond Meat, an early mover in the plant-based meat market, went public at $25 a share in May 2019. It skyrocketed to an all-time high of ...

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EKOS
2022-12-21
EKOS
Definitely beyond

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It skyrocketed to an all-time high of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/20/more-likely-to-5x-first-beyond-meat-or-coupang/\">Source Link</a>\n\n</div>\n","source":"fool_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>More Likely to 5x First: Beyond Meat or Coupang</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMore Likely to 5x First: Beyond Meat or Coupang\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-21 19:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/20/more-likely-to-5x-first-beyond-meat-or-coupang/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Beyond Meat and Coupang both disappointed a lot of investors. Beyond Meat, an early mover in the plant-based meat market, went public at $25 a share in May 2019. It skyrocketed to an all-time high of ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/20/more-likely-to-5x-first-beyond-meat-or-coupang/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4548","symbol_name":"巴美列捷福持仓","start_time":0,"source_url":"https://www.fool.com/investing/2022/12/20/more-likely-to-5x-first-beyond-meat-or-coupang/","article_id":"2292355226","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2292355226","pubTimestamp":1671623104,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Which fallen growth stock is a potential multibagger?","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4548":"巴美列捷福持仓","BYND":"Beyond Meat, Inc.","BK4212":"包装食品与肉类","CPNG":"Coupang, Inc.","BK4122":"互联网与直销零售"},"translate_title":"更有可能先行5倍：Beyond Meat或库邦","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BYND":1,"CPNG":1},"content_text":"Beyond Meat and Coupang both disappointed a lot of investors. Beyond Meat, an early mover in the plant-based meat market, went public at $25 a share in May 2019. It skyrocketed to an all-time high of $234.90 two months later, but it's now worth about $14.Coupang, the e-commerce leader in South Korea, went public at $35 last March. It closed at an all-time high of $50.45 a few days later, but it now trades at about $16. Both stocks plunged as investors fretted over their slowing growth, lack of profits, and high valuations. Inflation, rising interest rates, and other macro challenges exacerbated that selling pressure.Image source: Getty Images.But now that most of the dust has settled, should investors buy either out-of-favor growth stock as a potential turnaround play? Let's see which might bounce back and generate a five-bagger gain first.Beyond Meat faces existential challengesBeyond Meat initially grew like a weed as restaurants and retailers scrambled to try out its plant-based meat products. That's why its revenue surged 239% in 2019, and why its stock soared after its IPO.But in 2020, the pandemic disrupted its business as restaurants closed down. Retailers also lost their enthusiasm for its plant-based meat products, which cost significantly more than their animal-based counterparts, as the crisis curbed consumer spending on discretionary products. As a result, its revenue rose just 37% in 2020 and 14% in 2021.Beyond Meat initially believed that 2022 would be a turnaround year for the company. In the first quarter of 2022, it predicted its revenue would rise between 21% and 33% for the full year. But it slashed that guidance to between just 1% and 12% growth in August. It reset its expectations again for a decline between 9% to 14% in November.Beyond Meat blamed that slowdown on inflation, which further eroded the market's appetite for its pricier plant-based products. It also cited competitive headwinds and a drought of new restaurant and retail partnerships. As its top-line growth cools off, it's drowning in red ink. The company's net loss widened from $53 million in 2020 to $182 million, then expanded again to $299 million in the first nine months of 2022 as it only generated $339 million in revenue.The liquidation of its excess inventories, its usage of free samples to attract new partners, and an ill-fated expansion into plant-based jerky with PepsiCo led to its widening losses. All those challenges suggest Beyond Meat's business is dangerously unsustainable, so its stock still can't be considered a bargain at 2 times this year's sales.Coupang's fundamentals are gradually improvingCoupang's revenue rose 93% in 2020 after the pandemic drove more people to shop online. But in 2021, its revenue only increased 54% as those pandemic-induced headwinds waned. It then grew a mere 14% year over year in the first nine months of 2022 as it grappled with inflationary headwinds. Analysts expect its revenue to rise about 13% for the full year.That slowdown drove away a lot of investors who had expected Coupang to become a high-growth e-commerce play like MercadoLibre. But as Coupang's growth cooled off, its profitability improved. Its net loss had widened from $463 million in 2020 to $1.54 billion in 2021, but narrowed year over year to just $194 million in the first nine months of 2022 as it generated roughly $15.3 billion in revenue. It also posted its first quarterly profit -- $91 million -- in the third quarter.That profitability indicates economies of scale are kicking in for Coupang. The company operates fulfillment centers within 7 miles of 70% of South Korea's population. Combine that fact with its Prime-like Rocket Wow subscription service (which provides free next-day deliveries, food and grocery deliveries, free 30-day returns, access to its streaming video platform Coupang Play, and other perks) and Coupang is locking in more of its customers. It already reached 9 million Wow subscribers at the end of 2021, which represented 50% growth from 2020 and accounted for approximately half of its active customers.Coupang probably won't become a hypergrowth e-commerce company like MercadoLibre because the South Korean e-commerce market is significantly smaller and more saturated than the Latin American market, but it could potentially generate low- to mid-teens revenue growth for years to come if it wipes out its smaller domestic competitors and consolidates the market. That's a promising outlook for a stock that trades at just 1.4 times this year's sales.Which stock is the potential multibagger?I'm not certain if Coupang can maintain its lead in the fragmented South Korean e-commerce sector, but it has a brighter future than Beyond Meat. After all, the plant-based meat company has yet to prove that its product isn't a passing fad. Coupang still looks cheap relative to its long-term growth potential, but Beyond Meat could fall further in this tough market. Therefore, I expect Coupang's stock to post a five-bagger gain much sooner than Beyond Meat, which might not even be around in a few more years.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9926475935,"gmtCreate":1671624050227,"gmtModify":1676538565338,"author":{"id":"4100058529967950","authorId":"4100058529967950","name":"EKOS","avatar":"https://community-static.tradeup.com/news/262b14194b70ac55fd568f3bea2f9a78","vip":1,"crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"4100058529967950","idStr":"4100058529967950"},"htmlText":"Definitely beyond","listText":"Definitely beyond","text":"Definitely beyond","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926475935","repostId":2292355226,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":16,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2292355226"}