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BIDU

BaiduNasdaqGS:BIDU Stock Report

Market Cap

US$54.5b

7D

-3.5%

1Y

26.5%

Updated

25 Sep, 2021

Data

Company Financials +
BIDU fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance4/6
Financial Health6/6
Dividends0/6

BIDU Overview

Baidu, Inc. provides internet search services in China.

Baidu Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Baidu
Historical stock prices
Current Share PriceUS$156.57
52 Week HighUS$122.47
52 Week LowUS$354.82
Beta1.02
1 Month Change1.36%
3 Month Change-22.74%
1 Year Change26.48%
3 Year Change-31.53%
5 Year Change-14.01%
Change since IPO1,177.71%

Recent News & Updates

Shareholder Returns

BIDUUS Interactive Media and ServicesUS Market
7D-3.5%-0.09%0.1%
1Y26.5%70.1%35.3%

Return vs Industry: BIDU underperformed the US Interactive Media and Services industry which returned 70.1% over the past year.

Return vs Market: BIDU underperformed the US Market which returned 35.3% over the past year.

Price Volatility

Is BIDU's price volatile compared to industry and market?
BIDU volatility
BIDU Beta1.02
Industry Beta1.12
Market Beta1

Stable Share Price: BIDU is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BIDU's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200041,000Robin Lihttps://www.baidu.com

Baidu, Inc. provides internet search services in China. Its Baidu Core segment offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Haokan short video app; and Quanmin flash video app for users to create and share short videos. It also offers Baidu Knows, an online community where users can ask questions to other users; Baidu Wiki; Baidu Healthcare Wiki; Baidu Wenku; Baidu Scholar; Baidu Experience; Baidu Post, a social media platform; Baidu Maps, a voice-enabled mobile app that provides travel-related services; Baidu Drive; Baijiahao; and DuerOS, a smart assistant platform.

Baidu Fundamentals Summary

How do Baidu's earnings and revenue compare to its market cap?
BIDU fundamental statistics
Market CapCN¥352.36b
Earnings (TTM)CN¥43.83b
Revenue (TTM)CN¥117.98b

8.0x

P/E Ratio

3.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BIDU income statement (TTM)
RevenueCN¥117.98b
Cost of RevenueCN¥57.08b
Gross ProfitCN¥60.90b
ExpensesCN¥17.07b
EarningsCN¥43.83b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)125.92
Gross Margin51.62%
Net Profit Margin37.15%
Debt/Equity Ratio34.3%

How did BIDU perform over the long term?

See historical performance and comparison

Valuation

Is Baidu undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BIDU ($156.57) is trading below our estimate of fair value ($388.4)

Significantly Below Fair Value: BIDU is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BIDU is good value based on its PE Ratio (8x) compared to the US Interactive Media and Services industry average (41.3x).

PE vs Market: BIDU is good value based on its PE Ratio (8x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: BIDU's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BIDU is good value based on its PB Ratio (1.5x) compared to the US Interactive Media and Services industry average (3.9x).


Future Growth

How is Baidu forecast to perform in the next 1 to 3 years based on estimates from 34 analysts?

-11.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BIDU's earnings are forecast to decline over the next 3 years (-11.6% per year).

Earnings vs Market: BIDU's earnings are forecast to decline over the next 3 years (-11.6% per year).

High Growth Earnings: BIDU's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BIDU's revenue (13.5% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: BIDU's revenue (13.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BIDU's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has Baidu performed over the past 5 years?

3.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BIDU has a high level of non-cash earnings.

Growing Profit Margin: BIDU's current net profit margins (37.1%) are higher than last year (3.3%).


Past Earnings Growth Analysis

Earnings Trend: BIDU's earnings have grown by 3.8% per year over the past 5 years.

Accelerating Growth: BIDU's earnings growth over the past year (1150.7%) exceeds its 5-year average (3.8% per year).

Earnings vs Industry: BIDU earnings growth over the past year (1150.7%) exceeded the Interactive Media and Services industry -5.3%.


Return on Equity

High ROE: BIDU's Return on Equity (17.5%) is considered low.


Financial Health

How is Baidu's financial position?


Financial Position Analysis

Short Term Liabilities: BIDU's short term assets (CN¥199.9B) exceed its short term liabilities (CN¥64.8B).

Long Term Liabilities: BIDU's short term assets (CN¥199.9B) exceed its long term liabilities (CN¥85.2B).


Debt to Equity History and Analysis

Debt Level: BIDU's debt to equity ratio (34.3%) is considered satisfactory.

Reducing Debt: BIDU's debt to equity ratio has reduced from 43.6% to 34.3% over the past 5 years.

Debt Coverage: BIDU's debt is well covered by operating cash flow (31.5%).

Interest Coverage: BIDU earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Baidu current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BIDU's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BIDU's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BIDU's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BIDU's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BIDU's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Robin Li (52 yo)

17.58yrs

Tenure

Mr. Yanhong Li, also known as Robin, Co-Founded Baidu, Inc. in January 2000 and has been its Chief Executive Officer since February 2004 and oversees its overall strategy and business operations. Mr. Li wa...


Leadership Team

Experienced Management: BIDU's management team is considered experienced (4 years average tenure).


Board Members

Experienced Board: BIDU's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Baidu, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Baidu, Inc.
  • Ticker: BIDU
  • Exchange: NasdaqGS
  • Founded: 2000
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$54.496b
  • Shares outstanding: 348.06m
  • Website: https://www.baidu.com

Number of Employees


Location

  • Baidu, Inc.
  • Baidu Campus
  • No. 10 Shangdi 10th Street
  • Beijing
  • 100085
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 22:04
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.