Waterdrop Inc
Research Waterdrop Inc (WDH) on Bullrun: valuation model: 74.9% undervalued, market cap USD 291.92M, P/E 5.0, dividend yield 5.9%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerWDH
- ExchangeNYSE
- CountryChina
- SectorFinancial Services
- IndustryInsurance-Diversified
- CurrencyUSD
- Valuation signal74.9% undervalued
- Market capUSD 291.92M
- P/E5.0
- Dividend yield5.9%
- Financial periodQ2 2026
- RevenueCNY 1.45B
- Net incomeCNY 125.77M
- Gross margin62.9%
Valuation Snapshot
Bullrun's latest valuation model marks Waterdrop Inc as 74.9% undervalued; latest market cap is USD 291.92M; P/E is 5.0; dividend yield is 5.9%.
Peer valuation comparison
Latest P/E is 4.95x versus a Financial Services sector median of 13.39x (63.0% below).
Latest dividend yield is 5.88% versus a Financial Services sector median of 3.66% (60.9% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CNY 4.00B | CNY 568.94M | CNY 30.64M | 43.7% | 0.02 | CNY 483.00M | CNY 70.53M | CNY 5.15B |
| FY2024 | CNY 2.77B | CNY 367.51M | CNY 218.84M | 41.8% | 1 | CNY 986.32M | CNY 243.92M | CNY 4.80B |
| FY2023 | CNY 2.63B | CNY 167.22M | CNY 392.99M | 39.7% | 0.4 | CNY 396.91M | CNY 197.76M | CNY 4.59B |
| FY2022 | CNY 2.80B | CNY 607.72M | CNY 753.82M | 52.3% | 1.5 | CNY 1.57B | CNY 14.06M | CNY 4.77B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 291.92M | 5.0 | 5.8% | 0.06 |
| 2025 | 2025-12-31 | USD 685.68M | 9.0 | n/a | n/a |
| 2024 | 2024-12-31 | USD 427.72M | 8.4 | 1.7% | 0.02 |
| 2023 | 2023-12-29 | USD 396.97M | 13.0 | n/a | n/a |
| 2022 | 2022-12-30 | USD 1.31B | 22.2 | n/a | n/a |
| 2021 | 2021-12-31 | USD 544.11M | n/a | n/a | n/a |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 0.06 USD, yield 5.9%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.02 CNY |
About Waterdrop Inc
Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term and long-term health and life insurance products and services. It also operates a medical crowdfunding platform; and E-Find, a clinical trial patient recruitment platform for pharmaceutical companies to find matches for clinical trials.
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Frequently asked questions
Is Waterdrop Inc overvalued or undervalued?
Bullrun's valuation model currently marks Waterdrop Inc as 74.9% undervalued.
What is Waterdrop Inc's market cap?
Waterdrop Inc's market capitalization is USD 291.92M.
What is Waterdrop Inc's P/E ratio?
Waterdrop Inc's price-to-earnings (P/E) ratio is 5.0.
Does Waterdrop Inc pay a dividend?
Waterdrop Inc has a dividend yield of 5.9%.
What does Waterdrop Inc do?
Waterdrop Inc., through its subsidiaries, provides online insurance brokerage services to match and connect users with related insurance products underwritten by insurance companies in the People's Republic of China. The company offers short-term and long-term health and life insurance products and services. It also operates a medical crowdfunding platform; and E-Find, a clinical trial patient recruitment platform for pharmaceutical companies to find matches for clinical trials.