Kingsoft Cloud Holdings Limited (KC)
UndervaluedFundamental
34
Price
$9.12
Market Cap
$2.73B
Part 1 · What the company is worth
Overview
Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's product portfolio includes cloud products, such as infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, software as a service (SaaS) applications, and AI solution. It offers research and development services, as well as enterprise digital solutions and related services. The company also provides public cloud services to customers in various verticals, including video, e-commerce, intelligent mobility, artificial intelligence, and mobile internet; and enterprise cloud services to customers in financial services, public service, and healthcare businesses. Kingsoft Cloud Holdings Limited was incorporated in 2012 and is headquartered in Beijing, China.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated on September 19, 2026 with claude-haiku-4-5 — shared with all users
Baidu AI Cloud offers the same mix of public cloud infrastructure and AI/GPU services to Chinese developers and enterprises that Kingsoft Cloud has made its growth area.
Alibaba Cloud is the largest public cloud provider in China and bids for the same IaaS and PaaS workloads from Chinese internet, gaming and enterprise customers that Kingsoft Cloud targets.
Tencent Cloud competes head-on for the video, gaming and mobile-internet customers that have historically formed the core of Kingsoft Cloud's public cloud revenue.
Huawei Cloud sells public cloud and AI computing capacity to the same Chinese enterprise and government-linked buyers Kingsoft Cloud courts with its enterprise cloud business.
Its Tianyi Cloud unit is one of China's largest IaaS suppliers and wins the state-owned enterprise and local-government cloud contracts that Kingsoft Cloud also pursues.
UCloud is the other listed neutral Chinese cloud vendor, competing for customers who deliberately avoid buying infrastructure from Alibaba or Tencent.
Balance Sheet & Liquidity
Revenue
$11.02B
Trailing 12 months (through 6/30/2026)
Net Income
$-602M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$-1.82B
Total Equity
$1.32B
Total Liabilities
$11.02B
Current Ratio
1.01
Interest Coverage
-
Debt/EBITDA
3.71
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$20.21
Current Price
$9.12
Margin of Safety
+54.9%
Fair Value Range
$19.20 - $21.22
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
-
ROE
-7.6%
P/B Ratio
2.07
P/FCF
-
Gross Margin
15.1%
ROIC
0.5%
Profitability Radar
Value Creation (Economic Moat)
ROIC
0.5%
WACC
3.3%
ROIC − WACC
-2.8 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (7)
- P/B Ratio 2.07
- Current Ratio
- Debt/EBITDA
- Revenue Growth 5Y 7.8%
- Analyst Consensus 95% Buy
- Earnings Surprise avg 52.9%
- Net Margin Trend -9.8% vs -25.3%
Failed (8)
- Price CAGR -22.17%
- ROIC 0.5%
- Gross Margin 15.1%
- Debt/Equity ratio
- Positive Free Cash Flow
- DCF valuation (Unknown)
- ROE -7.1%
- Piotroski F-Score 2/9
Unavailable (12)
- EPS data insufficient
- P/FCF NaN
- Dividend Payout NaN%
- Operating Margin NaN%
- CapEx intensity
- Interest Coverage
- Return on Tangible Assets
- Low reliance on intangibles
- Price below Graham Number
- PEG Ratio (need PE > 0 and growth > 0)
- Earnings Quality (OCF/Net Income)
- Share Dilution (missing shares data)
Piotroski F-Score
Serious financial concerns
Earnings Quality
Low quality: investigate accounting
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. Tao Zou | Chairman of the Board & Acting CEO | 50 |
| Ms. Yi Li | Chief Financial Officer | 47 |
| Nicole Shan | Investor Relations Officer | - |
| Mr. Tao Liu | Senior Vice President | 42 |
| Mr. Kaiyan Tian | Senior Vice President | 47 |
| Ms. Hiu Lam Chan | Joint Company Secretary | - |
| Mr. Bo Tian | Assistant VP & Joint Company Secretary | - |
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Latest News
Recent headlines for KC, sourced from Markets Gazette.
- 5/27/2026NEUTRALKingsoft Cloud's AI Business Is On Fire, But Ballooning Costs Squeeze Margins
Kingsoft Cloud reported Q1 2026 revenue of $392 million, surpassing analyst expectations. The company's AI cloud business experienced a significant surge, with gross billings jumping 90%. However, this growth was accompanied by ballooning costs, which are squeezing profit margins. Investors will be watching to see if the company can manage its expenses effectively to translate top-line growth into bottom-line profitability.
- 5/27/2026NEUTRALKingsoft Cloud Hldgs Q1 2026 Earnings Call Transcript
Kingsoft Cloud Holdings Limited has scheduled its first quarter 2026 earnings call for May 27, 2026. This announcement is a procedural update, providing investors with the date for the company's financial performance review. The call will cover key financial metrics, operational highlights, and future outlook. Investors will be looking for details on revenue growth, profitability trends, and strategic initiatives. The absence of preliminary results prior to the call suggests that the market will await the full disclosure for any directional trading signals.
via Markets Gazette