BABA
Alibaba Group Holding Limited
BABA offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
CASY
Casey's General Stores, Inc.
CASY has a slight edge over BABA overall, supported by stronger fundamentals and stronger modeled upside.
BABA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Healthy |
BABA's balance sheet is currently healthy, and its revenue is stable, but its profitability and cash flow are under pressure.
CASY Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Stable |
CASY's revenue and profitability are currently healthy, and its cash flow and balance sheet are stable.
BABA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $69.66 | -26% |
| Fair | 20x | $86.59 | -8.2% |
| Current | 21x | $94.36 | — |
| Expensive | 26x | $115 | +22% |
Historical ranges are pointers, not guarantees.
BABA's PE is 21x, but its earnings don't support one, so it isn't a reliable read right now.
CASY PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 21x | $442 | -38% |
| Fair | 24x | $506 | -28% |
| Forward | 32x | $707 | — |
| Expensive | 34x | $707 | 0% |
| Current | 34x | $707 | — |
Historical ranges are pointers, not guarantees.
CASY has the edge over BABA in the historical PE scenario, which offers more potential upside but is not a forecast.
BABA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
BABA has the edge over CASY on the outlook, with more favorable profitability expectations.
CASY Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Stable | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for CASY, with profitability holding steady.
BABA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.42 | -52% |
| Q1 2026 | $6.57 | -18% |
| Q4 2025 | $5.79 | -22% |
| Q3 2025 | $7.85 | +49% |
| Q2 2025 | $9.27 | +116% |
| Q1 2025 | $8.06 | +71% |
| Q4 2024 | $7.47 | +24% |
| Q3 2024 | $5.26 | -35% |
BABA's earnings per share have fallen from their peak: $4.42 over the past year, against $9.27 in mid-2025. Its recent earnings include one-off gains.
CASY Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $22.23 | +7.1% |
| Q3 2026 | $20.76 | +33% |
| Q2 2026 | $19.16 | +31% |
| Q1 2026 | $17.42 | +21% |
| Q4 2025 | $16.26 | +13% |
| Q3 2025 | $15.58 | +13% |
| Q2 2025 | $14.64 | +9% |
| Q1 2025 | $14.35 | +14% |
| Q4 2024 | $14.35 | +11% |
CASY has the edge over BABA on earnings, with more consistent year-over-year improvement.
BABA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $40.2B | +8.3% |
| Q1 2026 | $36.5B | +2.9% |
| Q4 2025 | $42.7B | +1.7% |
| Q3 2025 | $37.2B | +4.8% |
| Q2 2025 | $37.2B | +1.8% |
| Q1 2025 | $35.5B | +6.6% |
| Q4 2024 | $42B | +7.6% |
| Q3 2024 | $35.5B | +5.2% |
BABA's revenue has grown year over year for 16 quarters in a row: $40.2B last quarter, up 8.3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.2% | -6.9 points |
| Q1 2026 | -0.3% | -12 points |
| Q4 2025 | 7.1% | -7.6 points |
| Q3 2025 | 2.2% | -13 points |
| Q2 2025 | 14% | -0.7 points |
| Q1 2025 | 12% | +5.4 points |
| Q4 2024 | 15% | +6.1 points |
| Q3 2024 | 15% | 0 points |
BABA has the edge over CASY on profitability, with a higher operating margin.
CASY Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $5.7B | +24% |
| Q2 2026 | $4.6B | +15% |
| Q1 2026 | $3.9B | +0.3% |
| Q4 2025 | $4.5B | +14% |
| Q3 2025 | $4.6B | +11% |
| Q2 2025 | $4B | +11% |
| Q1 2025 | $3.9B | +17% |
| Q4 2024 | $3.9B | -2.9% |
CASY's revenue has grown year over year for seven quarters in a row: $5.7B last quarter, up 24% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 6.1% | 0 points |
| Q1 2026 | 4.4% | +1.6 points |
| Q4 2025 | 6.1% | 0 points |
| Q3 2025 | 6.1% | +0.3 points |
| Q1 2025 | 2.8% | -0.7 points |
| Q4 2024 | 6.1% | +1 points |
| Q3 2024 | 5.8% | +0.1 points |
| Q1 2024 | 3.4% | -0.5 points |
CASY's operating margin was 6.1% last quarter, up 3.4 points from the same quarter a year ago.
BABA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$6.7B | -$4.1B |
| Q1 2026 | -$2.7B | +$1.5B |
| Q4 2025 | $1B | -90% |
| Q3 2025 | -$3.2B | -254% |
| Q2 2025 | -$2.7B | -182% |
| Q1 2025 | -$4.2B | -12231% |
| Q4 2024 | $10.4B | -4.8% |
| Q3 2024 | $2.1B | -62% |
BABA's free cash flow has turned negative after years in the green: −$11.6B over the past year.
CASY Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $189.7M | -28% |
| Q2 2026 | $207.4M | +35% |
| Q1 2026 | $75.8M | -16% |
| Q4 2025 | $176M | +10% |
| Q3 2025 | $262.4M | +45% |
| Q2 2025 | $153.1M | +66% |
| Q1 2025 | $90.7M | +$117.6M |
| Q4 2024 | $160M | +9.9% |
CASY has the edge over BABA on cash generation, producing positive trailing cash flow while its opponent burns cash.
BABA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +11.1M shares |
| 1 year | +0.9% | +21.4M shares |
| 3 years | -6.2% | -161M shares |
| 5 years | -12% | -339M shares |
| Available history | -8.4% | -221M shares |
BABA has 2.4B diluted shares, up 0.9% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $269.8M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BABA spent $270M buying back its own shares over the past year, after none the year before.
CASY Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.4% | -139K shares |
| 1 year | -0.6% | -210K shares |
| 3 years | -0.8% | -314K shares |
| 5 years | -0.5% | -193K shares |
| Available history | 0% | +6.1K shares |
CASY has the edge over BABA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $44.9M |
| Q2 2026 | $63.2M |
| Q1 2026 | $74.8M |
| Q4 2025 | $31.3M |
| Q3 2025 | $31.3M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $734,000 |
CASY spent $214M buying back its own shares over the past year, about seven times what it spent the year before.
BABA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.1x | Very low |
| Q3 2024 | -0.2x | Net Cash |
BABA's net debt is less than a year of its operating earnings (EBITDA).
CASY Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2020 | 2.3x | Moderate |
| Q4 2019 | 2.3x | Moderate |
CASY's net debt is about 2.3 years of its operating earnings (EBITDA).
BABA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 12.7 | Oversold |
BABA's weekly RSI is 38 (neutral) and its Stochastic is 13 (oversold).
CASY Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 48.6 | Neutral |
| Stochastic | 37.7 | Neutral |
CASY's weekly RSI is 49 (neutral) and its Stochastic is 38 (neutral).
BABA PE vs Consumer Cyclical Sector
| Metric | BABA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 18x | 19% above |
| PE % | 60 | 47 | 13 pts above |
BABA has the edge over CASY on valuation relative to its sector.
CASY PE vs Consumer Cyclical Sector
| Metric | CASY | Sector median | Relative |
|---|---|---|---|
| PE | 34x | 18x | 89% above |
| PE % | 83 | 47 | 36 pts above |
CASY is trading at 34x earnings, a 89% premium to the Consumer Cyclical sector's median of 18x.
BABA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $104.7 | 9.9% below |
| 20 week MA | $111.1 | 15% below |
| 50 week MA | $128.0 | 26% below |
| 100 week MA | $127.7 | 26% below |
| 200 week MA | $106.4 | 11% below |
BABA is in a downtrend: it's below all five of its weekly moving averages, and 11% below its 200-week average.
CASY Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $665.7 | 6.2% above |
| 20 week MA | $738.8 | 4.3% below |
| 50 week MA | $717.3 | 1.5% below |
| 100 week MA | $596.8 | 18% above |
| 200 week MA | $446.9 | 58% above |
CASY has the edge over BABA on trend strength, trading above more of its moving averages.
BABA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $215.5 | $222.0 | +3% |
| 2021 | $222.0 | $118.7 | -47% |
| 2022 | $118.7 | $85.7 | -28% |
| 2023 | $85.7 | $77.5 | -9.5% |
| 2024 | $77.5 | $85.1 | +9.7% |
| 2025 | $85.1 | $152.2 | +79% |
| 2026 YTD | $152.2 | $94.4 | -38% |
BABA has finished lower in three of the last six years. It's down 38% so far in 2026.
CASY Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $157.4 | $177.7 | +13% |
| 2021 | $177.7 | $194.6 | +9.5% |
| 2022 | $194.6 | $235.3 | +21% |
| 2023 | $235.3 | $274.7 | +17% |
| 2024 | $274.7 | $404.0 | +47% |
| 2025 | $404.0 | $568.8 | +41% |
| 2026 YTD | $568.8 | $706.6 | +24% |
CASY has the edge over BABA on returns for 2026, with the stronger performance.