BABA
Alibaba Group Holding Limited
BABA has a slight edge over LEGH overall, supported by stronger modeled upside and stronger valuation.
LEGH
Legacy Housing Corporation
LEGH offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
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.
LEGH Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Strong | |
| Strong | |
| Strong |
LEGH's revenue, profitability, cash flow and balance sheet are all currently strong.
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.
LEGH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.2x | $21.99 | -23% |
| Fair | 11x | $28.70 | +1.1% |
| Current | 11x | $28.38 | — |
| Expensive | 13x | $33.71 | +19% |
| Forward | 14x | $28.38 | — |
Historical ranges are pointers, not guarantees.
LEGH 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 LEGH on the outlook, with more favorable earnings and revenue expectations.
LEGH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Decline | |
| Decline | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect LEGH's earnings and revenue to decline, with profitability weakening.
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 has the edge over LEGH on earnings, with stronger typical year-over-year growth.
LEGH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $2.07 | -23% |
| Q3 2026 | $2.68 | +37% |
| Q2 2026 | $2.18 | -2.7% |
| Q1 2026 | $1.79 | -22% |
| Q4 2025 | $1.74 | -30% |
| Q3 2025 | $1.95 | -10% |
| Q2 2025 | $2.24 | +3.2% |
| Q1 2025 | $2.29 | +8% |
| Q4 2024 | $2.48 | +14% |
LEGH earned $2.68 per share over the past year, up 37% from the year before.
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.
LEGH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $69.7M | +72% |
| Q2 2026 | $66.3M | +32% |
| Q1 2026 | $34.4M | -3.7% |
| Q4 2025 | $38.3M | -29% |
| Q3 2025 | $40.5M | -8.6% |
| Q2 2025 | $50.2M | +18% |
| Q1 2025 | $35.7M | -18% |
| Q4 2024 | $54.2M | +61% |
LEGH's revenue is growing: $70M last quarter, up 72% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 34% | +9.6 points |
| Q2 2026 | 40% | +6.4 points |
| Q1 2026 | 36% | +3.5 points |
| Q4 2025 | 27% | -1.7 points |
| Q3 2025 | 24% | -11 points |
| Q2 2025 | 34% | -4.2 points |
| Q1 2025 | 33% | -6.2 points |
| Q4 2024 | 29% | -0.2 points |
LEGH 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.
LEGH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $7.4M | +45% |
| Q2 2026 | $12.3M | +235% |
| Q1 2026 | $5.4M | +49% |
| Q4 2025 | $15.7M | +161% |
| Q3 2025 | $5.1M | -44% |
| Q2 2025 | $3.7M | +114% |
| Q1 2025 | $3.6M | -63% |
| Q4 2024 | $6M | +$17.4M |
LEGH 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.
LEGH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -29.6K shares |
| 1 year | -2.7% | -649K shares |
| 3 years | -5.3% | -1.3M shares |
| 5 years | -2.1% | -499K shares |
| Available history | -2.7% | -653K shares |
LEGH has the edge over BABA on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $93,000 |
| Q1 2026 | $573,000 |
| Q4 2025 | $1.1M |
| Q3 2025 | $1,000 |
| Q2 2025 | $5.8M |
| Q1 2025 | $675,000 |
| Q4 2024 | — |
LEGH spent $2M buying back its own shares over the past year, down 73% from 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).
LEGH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q1 2026 | -0.3x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.0x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q3 2024 | 0.0x | Very low |
| Q2 2024 | 0.2x | Very low |
| Q1 2024 | 0.2x | Very low |
LEGH has the edge over BABA on leverage, with a lower net debt burden relative to earnings.
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).
LEGH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 57.6 | Neutral |
| Stochastic | 35.9 | Neutral |
LEGH's weekly RSI is 58 (neutral) and its Stochastic is 36 (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.
LEGH PE vs Consumer Cyclical Sector
| Metric | LEGH | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 18x | 41% below |
| PE % | 47 | 47 | Same percentile |
LEGH 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.
LEGH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $28.6 | 0.8% below |
| 20 week MA | $28.0 | 1.2% above |
| 50 week MA | $24.2 | 17% above |
| 100 week MA | $24.2 | 17% above |
| 200 week MA | $23.6 | 20% above |
LEGH 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.
LEGH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.8 | $14.9 | -11% |
| 2021 | $14.9 | $25.8 | +74% |
| 2022 | $25.8 | $17.8 | -31% |
| 2023 | $17.8 | $25.2 | +41% |
| 2024 | $25.2 | $24.8 | -1.7% |
| 2025 | $24.8 | $19.8 | -20% |
| 2026 YTD | $19.8 | $28.4 | +43% |
LEGH has the edge over BABA on returns for 2026, with the stronger performance.