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Real Estate - Real Estate - Services - NYSE - CN
$ 18.29
-6.49 %
$ 7.05 B
Market Cap
38.1
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one BEKE stock under the worst case scenario is HIDDEN Compared to the current market price of 18.3 USD, KE Holdings Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one BEKE stock under the base case scenario is HIDDEN Compared to the current market price of 18.3 USD, KE Holdings Inc. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one BEKE stock under the best case scenario is HIDDEN Compared to the current market price of 18.3 USD, KE Holdings Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart BEKE

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$26.0$26.0$25.0$25.0$24.0$24.0$23.0$23.0$22.0$22.0$21.0$21.0$20.0$20.0$19.0$19.0$18.0$18.0$17.0$17.0$16.0$16.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
93.5 B REVENUE
20.16%
3.76 B OPERATING INCOME
-21.52%
4.06 B NET INCOME
-30.98%
9.45 B OPERATING CASH FLOW
-15.33%
-9.38 B INVESTING CASH FLOW
-135.78%
-5.79 B FINANCING CASH FLOW
16.76%
31.1 B REVENUE
37.82%
1.01 B OPERATING INCOME
39.08%
570 M NET INCOME
0.00%
5.2 B OPERATING CASH FLOW
1058.97%
-2.02 B INVESTING CASH FLOW
-288.47%
1.11 B FINANCING CASH FLOW
169.83%
Balance Sheet KE Holdings Inc.
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Current Assets 76.6 B
Cash & Short-Term Investments 52.8 B
Receivables 5.5 B
Other Current Assets 18.3 B
Non-Current Assets 56.5 B
Long-Term Investments 23.8 B
PP&E 25.8 B
Other Non-Current Assets 6.99 B
39.63 %4.13 %13.78 %17.87 %19.35 %5.25 %Total Assets$133.1b
Current Liabilities 52.7 B
Accounts Payable 9.49 B
Short-Term Debt 14 B
Other Current Liabilities 29.2 B
Non-Current Liabilities 8.96 B
Long-Term Debt 8.64 B
Other Non-Current Liabilities 320 M
15.38 %22.72 %47.38 %14.00 %Total Liabilities$61.7b
EFFICIENCY
Earnings Waterfall KE Holdings Inc.
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Revenue 93.5 B
Cost Of Revenue 70.5 B
Gross Profit 22.9 B
Operating Expenses 19.2 B
Operating Income 3.76 B
Other Expenses -300 M
Net Income 4.06 B
100b100b90b90b80b80b70b70b60b60b50b50b40b40b30b30b20b20b10b10b0093b(71b)23b(19b)4b300m4bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
24.55% GROSS MARGIN
24.55%
4.03% OPERATING MARGIN
4.03%
4.35% NET MARGIN
4.35%
5.70% ROE
5.70%
3.05% ROA
3.05%
2.37% ROIC
2.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis KE Holdings Inc.
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12b12b10b10b8b8b6b6b4b4b2b2b00(2b)(2b)(4b)(4b)(6b)(6b)(8b)(8b)2018201820192019202020202021202120222022202320232024202420252025
Net Income 4.06 B
Depreciation & Amortization 981 M
Capital Expenditures 0
Stock-Based Compensation 2.73 B
Change in Working Capital 0
Others 2.66 B
Free Cash Flow 9.45 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets KE Holdings Inc.
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Wall Street analysts predict an average 1-year price target for BEKE of $25.2 , with forecasts ranging from a low of $19.8 to a high of $30 .
BEKE Lowest Price Target Wall Street Target
19.8 USD 8.26%
BEKE Average Price Target Wall Street Target
25.2 USD 37.89%
BEKE Highest Price Target Wall Street Target
30 USD 64.02%
Price
Max Price Target
Min Price Target
Average Price Target
3030282826262424222220201818161614141212May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.31 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
0.6000.6000.5000.5000.4000.4000.3000.3000.2000.2000.1000.1000.0000.0000.3510.310.1710.520.310.00202320232024202420252025
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5. COMPETITION
slide 2 of 18
6. Ownership
Insider Ownership KE Holdings Inc.
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Sold
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6-9 MONTHS
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9-12 MONTHS
7. News
KE Holdings: Rating Upgrade On Solid Growth Momentum Upgraded BEKE to a buy rating due to strong 4Q24 earnings, with net revenue up 54.1% y/y and GTV up 55.5% y/y. Existing home market momentum is accelerating post-policy support, with transaction volume up ~40% y/y after Chinese New Year, signaling a housing recovery. New home services show structural monetization improvements, with revenue growing 72.7% y/y, indicating BEKE's successful platform leverage and margin accretion. seekingalpha.com - 3 weeks ago
KE Holdings Q4: Strong Revenue Growth But Margins Shrink, Maintain 'Hold' KE Holdings' Q4 2024 results showed strong GTV and revenue growth, but profitability concerns and declining margins overshadowed these gains. The home renovation business growth slowed, raising questions about future profitability despite management's optimistic projections for Q1 2025. BEKE's robust cash flow supports a $3 billion share repurchase program and a $0.36 per ADS dividend, yielding 1.67%. seekingalpha.com - 3 weeks ago
KE Holdings Inc. (BEKE) Q4 2024 Earnings Call Transcript KE Holdings Inc. (NYSE:BEKE ) Q4 2024 Earnings Conference Call March 18, 2025 8:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman & CEO Tao Xu - Executive Director & CFO Conference Call Participants Jizhou Dong - Nomura Timothy Zhao - Goldman Sachs Griffin Chan - Citi Eddy Wang - Morgan Stanley Sophie Zhang - CICC Operator Hello, ladies and gentlemen. Thank you for standing by for KE Holdings, Inc.'s Fourth Quarter and Fiscal Year 2024 Earnings Conference Call. seekingalpha.com - 1 month ago
KE Holdings Inc. Announces a Final Cash Dividend of US$0.4 Billion in Aggregate BEIJING, March 18, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors (the “Board”) approved a final cash dividend (the “Dividend”) of US$0.12 per ordinary share, or US$0.36 per ADS, to holders of ordinary shares and holders of ADSs of record as of the close of business on April 9, 2025, Beijing/Hong Kong Time and New York Time, respectively, payable in U.S. dollars. The aggregate amount of the Dividend to be paid will be approximately US$0.4 billion, which will be funded by cash surplus on the Company's balance sheet. globenewswire.com - 1 month ago
KE Holdings Inc. Announces Fourth Quarter and Fiscal Year 2024 Unaudited Financial Results and a Final Cash Dividend BEIJING, March 18, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2024, and also announced a final cash dividend. globenewswire.com - 1 month ago
KE Holdings Inc. Announces Inclusion of its Class A Ordinary Shares in the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect Programs BEIJING, March 10, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that the Company's Class A ordinary shares traded on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) have been included in the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect programs, both effective on March 10, 2025, pursuant to the announcements made by the Shanghai Stock Exchange and the Shenzhen Stock Exchange, respectively. globenewswire.com - 1 month ago
KE Holdings Inc. to Report Fourth Quarter and Fiscal Year 2024 Financial Results on March 18, 2025 Eastern Time BEIJING, March 05, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the fourth quarter and fiscal year 2024 before the U.S. market opens on Tuesday, March 18, 2025. The Company's management will hold an earnings conference call at 8:00 A.M. globenewswire.com - 1 month ago
KE Holdings Inc. Upgraded to ‘A' in MSCI ESG Rating BEIJING, Feb. 28, 2025 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, is pleased to announce today a significant upgrade in its Environmental, Social and Governance (ESG) rating by Morgan Stanley Capital International (“MSCI”) from “BBB” to “A.” This achievement marks the second consecutive year of improvement for Beike, reflecting its steadfast commitment to excellence in ESG practices within the industry. globenewswire.com - 1 month ago
KE Holdings: A Data-Driven Powerhouse Reshaping China's Real Estate Landscape We are bullish on KE Holdings due to its strong competitive moat, data-driven platform, and attractive valuation amidst China's challenging property market. BEKE's unparalleled competitive moat and flywheel effect drive growth in real estate transactions, renovation, furnishing, and rental services, positioning it as a market leader. Beihaojia's data-driven C2M model could revolutionize China's residential development by improving efficiency, reducing developer risks, and shifting the market to a buyer-driven model. seekingalpha.com - 1 month ago
KE Hodlings (BEKE) Moves 5.4% Higher: Will This Strength Last? KE Hodlings (BEKE) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. zacks.com - 2 months ago
BEKE or Z: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Real Estate - Operations sector might want to consider either KE Holdings Inc. Sponsored ADR (BEKE) or Zillow (Z). But which of these two stocks offers value investors a better bang for their buck right now? zacks.com - 2 months ago
KE Holdings: Upside Is Attractive, But I Prefer To Wait For More Proof I give a hold rating for KE Holdings as I await more proof of sustainable demand improvement in the Chinese property market. BEKE's 3Q24 earnings exceeded expectations with a 12.5% y/y GTV growth and a 26.8% y/y revenue increase, despite a challenging macro environment. Positive macro indicators, including significant transaction volume growth in tier 1 cities and improved consumer expectations. seekingalpha.com - 4 months ago
8. Profile Summary

KE Holdings Inc. BEKE

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COUNTRY CN
INDUSTRY Real Estate - Services
MARKET CAP $ 7.05 B
Dividend Yield 0.00%
Description KE Holdings Inc., through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. The company operates Beike, an integrated online and offline platform for housing transactions and services; Lianjia, a real estate brokerage branded store; Agent Cooperation Network, an operating system that fosters reciprocity and bonding among various service providers; and software-as-a-service systems. It also owns the Deyou brand for connected brokerage stores; and other brands. In addition, the company offers contract, secure payment, escrow, and other services. KE Holdings Inc. was founded in 2001 and is headquartered in Beijing, the People's Republic of China.
Contact Oriental Electronic Technology Building, Beijing, 100086 https://ke.com
IPO Date Aug. 13, 2020
Employees 116344
Officers Ms. Siting Li Investor Relations Director & Joint Company Secretary Mr. Wangang Xu Executive Vice Chairman Mr. Yigang Shan Co-Founder & Executive Director Ms. Yee Wa Lau Joint Company Secretary Mr. Yongdong Peng Co-Founder, Chairman & Chief Executive Officer Mr. Tao Xu Chief Financial Officer & Executive Director