ATLAS
BABA

Alibaba

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Cloud platforms·China·Hangzhou·#10 / 10 in segment·2.4% of segment mcap
$134.47
-18.4% vs S&P 12m

Largest Chinese cloud; Qwen open-source models among the most-deployed Chinese LLMs.

Geopolitical wildcard with cheap valuation; Chinese AI compute is supply-constrained but cost-disciplined.

Products
Customers (2)
  • Chinese enterprises
  • Developers
Competitors (2)
  • Tencent
  • Huawei Cloud

Composite score

Higher = stronger overall research case

52
Fundamental48
Technical40
Valuation75
AI relevance65
Risk-adjusted (higher = safer)33
Segment-relative fundamental percentile: 14

Synthetic 1Y price action

Deterministic price series; 50d (yellow) and 200d (orange) MAs shown

3M RS: -21.1%6M RS: -26.1%12M RS: -18.4%Vol30d: 46%DD52w: -29.0%

Financial summary

Curated, illustrative

Revenue
$141.27B
Growth (YoY)
2.9%
Gross margin
39.8%
Operating margin
-0.3%
FCF
$-6.42B
Capex
$16.94B
Net cash / (debt)
$4.51B
ROIC
2.0%
Customer conc.
Medium

Valuation

Market cap
$322.61B
Enterprise value
$318.10B
P/E (TTM)
20.8x
Forward P/E
14.6x
EV / Sales
2.3x
EV / EBITDA
22.6x
P / FCF
PEG
0.5x
Rule of 40

Risks

Severity 1 (low) to 5 (severe)

  • 5
    China regulatory / geopolitical
  • 4
    GPU availability under export controls

Score components

What drove the composite

Growth38
Profitability29
Cash generation26
Balance sheet79
Moat / AI relevance75
Capital intensity (higher = lighter)55
Customer diversification60
Valuation discipline (dilution)65
Trend (MA50/MA200)29
Momentum (3/6/12m)36
Relative strength55
Realized vol (higher = lower vol)46