BABA
Alibaba Group Holding Limited
BABA's outlook is improving, though it still trails on the overall score.
EAT
Brinker International, Inc.
EAT has the 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.
EAT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Healthy | |
| Stable |
EAT's profitability and cash flow are currently healthy, and its revenue 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 has the edge over EAT in the historical PE scenario, which offers more potential upside but is not a forecast.
EAT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 11x | $127 | -35% |
| Forward | 14x | $198 | — |
| Current | 17x | $198 | — |
| Fair | 18x | $203 | +2.7% |
| Expensive | 31x | $356 | +80% |
Historical ranges are pointers, not guarantees.
EAT's PE is in its fair range at 17x. If earnings grow as analysts expect, today's price would be 14x next year's earnings.
BABA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for BABA, with profitability improving. However, they disagree widely on these estimates.
EAT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for EAT, with profitability improving.
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.
EAT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $14.08 | +24% |
| Q3 2026 | $11.34 | +18% |
| Q2 2026 | $10.87 | +31% |
| Q1 2026 | $10.21 | +41% |
| Q4 2025 | $9.90 | +72% |
| Q3 2025 | $9.65 | +137% |
| Q2 2025 | $8.32 | +145% |
| Q1 2025 | $7.23 | +112% |
| Q4 2024 | $5.75 | +67% |
EAT 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's operating margin was 7.2% last quarter, down 6.9 points from the same quarter a year ago.
EAT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.5B | +9.4% |
| Q2 2026 | $1.5B | +5.1% |
| Q1 2026 | $1.5B | +3.2% |
| Q4 2025 | $1.5B | +6.9% |
| Q3 2025 | $1.3B | +18% |
| Q2 2025 | $1.5B | +21% |
| Q1 2025 | $1.4B | +27% |
| Q4 2024 | $1.4B | +26% |
EAT has the edge over BABA on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 10% | +1.5 points |
| Q2 2026 | 11% | +1.1 points |
| Q1 2026 | 11% | +0.3 points |
| Q4 2025 | 12% | +0.1 points |
| Q3 2025 | 8.7% | +3.8 points |
| Q2 2025 | 9.8% | +3.7 points |
| Q1 2025 | 11% | +4.8 points |
| Q4 2024 | 11% | +5.7 points |
EAT has the edge over BABA on profitability, with a higher operating margin.
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.
EAT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $105.7M | +70% |
| Q2 2026 | $159.2M | +50% |
| Q1 2026 | $180.9M | +37% |
| Q4 2025 | $155.2M | -8.1% |
| Q3 2025 | $62.2M | +887% |
| Q2 2025 | $106.1M | +27% |
| Q1 2025 | $132.4M | +68% |
| Q4 2024 | $168.9M | +248% |
EAT 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.
EAT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -4% | -1.8M shares |
| 1 year | -6.1% | -2.8M shares |
| 3 years | -5.3% | -2.4M shares |
| 5 years | -8.5% | -4M shares |
| Available history | +13% | +4.9M shares |
EAT has the edge over BABA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $165.2M |
| Q2 2026 | $100.5M |
| Q1 2026 | $108.4M |
| Q4 2025 | $100.5M |
| Q3 2025 | $134.5M |
| Q2 2025 | $3.9M |
| Q1 2025 | $1.1M |
| Q4 2024 | $10.4M |
EAT spent $475M buying back its own shares over the past year, about three 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).
EAT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2022 | 2.6x | Moderate |
| Q4 2021 | 2.8x | Moderate |
| Q3 2021 | 2.8x | Moderate |
| Q2 2021 | 2.6x | Moderate |
| Q1 2021 | 4.9x | High |
| Q4 2020 | 5.6x | High |
| Q3 2020 | 5.1x | High |
| Q2 2020 | 5.2x | High |
EAT's net debt is about 2.6 years of its operating earnings (EBITDA), down from 4.9 years a year ago.
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).
EAT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.5 | Neutral |
| Stochastic | 31.9 | Neutral |
EAT's weekly RSI is 52 (neutral) and its Stochastic is 32 (neutral).
BABA PE vs Consumer Cyclical Sector
| Metric | BABA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 18x | 19% above |
| PE % | 60 | 47 | 13 pts above |
BABA is trading at 21x earnings, a 19% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
EAT PE vs Consumer Cyclical Sector
| Metric | EAT | Sector median | Relative |
|---|---|---|---|
| PE | 17x | 18x | 3.3% below |
| PE % | 49 | 47 | 2 pts above |
EAT has the edge over BABA on valuation relative to its sector.
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.
EAT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $200.8 | 1.6% below |
| 20 week MA | $206.9 | 4.5% below |
| 50 week MA | $172.6 | 15% above |
| 100 week MA | $160.5 | 23% above |
| 200 week MA | $106.7 | 85% above |
EAT 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.
EAT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $41.2 | $57.7 | +40% |
| 2021 | $57.7 | $37.3 | -35% |
| 2022 | $37.3 | $32.9 | -12% |
| 2023 | $32.9 | $43.2 | +31% |
| 2024 | $43.2 | $132.5 | +207% |
| 2025 | $132.5 | $149.6 | +13% |
| 2026 YTD | $149.6 | $197.6 | +32% |
EAT has the edge over BABA on returns for 2026, with the stronger performance.