FULL TRUCK ALLIANCE -SPN ADR (YMM) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:YMM • US35969L1089

9.9 USD
-0.25 (-2.46%)
At close: Jan 30, 2026
10 USD
+0.1 (+1.01%)
After Hours: 1/30/2026, 8:25:20 PM
Fundamental Rating

6

YMM gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 42 industry peers in the Ground Transportation industry. YMM has an excellent financial health rating, but there are some minor concerns on its profitability. YMM has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • YMM had positive earnings in the past year.
  • The reported net income has been mixed in the past 5 years: YMM reported negative net income in multiple years.
  • The reported operating cash flow has been mixed in the past 5 years: YMM reported negative operating cash flow in multiple years.
YMM Yearly Net Income VS EBIT VS OCF VS FCFYMM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2019 2020 2021 2022 2023 2024 0 2B -2B -4B

1.2 Ratios

  • YMM has a better Return On Assets (9.02%) than 90.48% of its industry peers.
  • With a decent Return On Equity value of 10.14%, YMM is doing good in the industry, outperforming 64.29% of the companies in the same industry.
  • YMM has a better Return On Invested Capital (7.69%) than 71.43% of its industry peers.
Industry RankSector Rank
ROA 9.02%
ROE 10.14%
ROIC 7.69%
ROA(3y)4.72%
ROA(5y)-2.45%
ROE(3y)5.19%
ROE(5y)-2.65%
ROIC(3y)N/A
ROIC(5y)N/A
YMM Yearly ROA, ROE, ROICYMM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 0 5 -5 -10 -15

1.3 Margins

  • YMM has a Profit Margin of 31.90%. This is amongst the best in the industry. YMM outperforms 97.62% of its industry peers.
  • With an excellent Operating Margin value of 31.71%, YMM belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
  • YMM has a better Gross Margin (60.44%) than 71.43% of its industry peers.
  • In the last couple of years the Gross Margin of YMM has grown nicely.
Industry RankSector Rank
OM 31.71%
PM (TTM) 31.9%
GM 60.44%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.31%
GM growth 5Y4.51%
YMM Yearly Profit, Operating, Gross MarginsYMM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 0 50 -50 -100

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9

2. Health

2.1 Basic Checks

  • YMM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, YMM has about the same amount of shares outstanding.
  • Compared to 5 years ago, YMM has less shares outstanding
  • There is no outstanding debt for YMM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
YMM Yearly Shares OutstandingYMM Yearly Shares OutstandingYearly Shares Outstanding 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B
YMM Yearly Total Debt VS Total AssetsYMM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

2.2 Solvency

  • YMM has an Altman-Z score of 9.71. This indicates that YMM is financially healthy and has little risk of bankruptcy at the moment.
  • YMM's Altman-Z score of 9.71 is amongst the best of the industry. YMM outperforms 90.48% of its industry peers.
  • YMM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Altman-Z 9.71
ROIC/WACC0.86
WACC8.91%
YMM Yearly LT Debt VS Equity VS FCFYMM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2019 2020 2021 2022 2023 2024 0 10B 20B 30B

2.3 Liquidity

  • YMM has a Current Ratio of 6.26. This indicates that YMM is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Current ratio value of 6.26, YMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • A Quick Ratio of 6.26 indicates that YMM has no problem at all paying its short term obligations.
  • YMM has a better Quick ratio (6.26) than 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 6.26
Quick Ratio 6.26
YMM Yearly Current Assets VS Current LiabilitesYMM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 10B 20B 30B

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6

3. Growth

3.1 Past

  • YMM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 26.30%, which is quite impressive.
  • Looking at the last year, YMM shows a quite strong growth in Revenue. The Revenue has grown by 19.08% in the last year.
  • YMM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 35.36% yearly.
EPS 1Y (TTM)26.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-23.65%
Revenue 1Y (TTM)19.08%
Revenue growth 3Y34.13%
Revenue growth 5Y35.36%
Sales Q2Q%677.43%

3.2 Future

  • The Earnings Per Share is expected to grow by 19.66% on average over the next years. This is quite good.
  • Based on estimates for the next years, YMM will show a quite strong growth in Revenue. The Revenue will grow by 17.14% on average per year.
EPS Next Y18%
EPS Next 2Y13.32%
EPS Next 3Y15.97%
EPS Next 5Y19.66%
Revenue Next Year11.99%
Revenue Next 2Y7.65%
Revenue Next 3Y9.68%
Revenue Next 5Y17.14%

3.3 Evolution

  • The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
YMM Yearly Revenue VS EstimatesYMM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
YMM Yearly EPS VS EstimatesYMM Yearly EPS VS EstimatesYearly EPS VS Estimates 2021 2022 2023 2024 2025 2026 2027 2028 0 2 4 6

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5

4. Valuation

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 15.23 indicates a correct valuation of YMM.
  • Compared to the rest of the industry, the Price/Earnings ratio of YMM indicates a rather cheap valuation: YMM is cheaper than 90.48% of the companies listed in the same industry.
  • YMM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.32.
  • A Price/Forward Earnings ratio of 13.79 indicates a correct valuation of YMM.
  • YMM's Price/Forward Earnings ratio is rather cheap when compared to the industry. YMM is cheaper than 92.86% of the companies in the same industry.
  • YMM's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 25.57.
Industry RankSector Rank
PE 15.23
Fwd PE 13.79
YMM Price Earnings VS Forward Price EarningsYMM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60

4.2 Price Multiples

  • YMM's Enterprise Value to EBITDA is on the same level as the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 17.85
YMM Per share dataYMM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 1 2 3 4 5

4.3 Compensation for Growth

  • The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • YMM's earnings are expected to grow with 15.97% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.85
PEG (5Y)N/A
EPS Next 2Y13.32%
EPS Next 3Y15.97%

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2

5. Dividend

5.1 Amount

  • YMM has a Yearly Dividend Yield of 1.41%.
  • The stock price of YMM dropped by -23.85% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
  • YMM's Dividend Yield is a higher than the industry average which is at 0.71.
  • YMM's Dividend Yield is slightly below the S&P500 average, which is at 1.83.
Industry RankSector Rank
Dividend Yield 1.41%

5.2 History

  • YMM is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
YMM Yearly Dividends per shareYMM Yearly Dividends per shareYearly Dividends per share 2024 2025 0.05 0.1 0.15

5.3 Sustainability

DPN/A
EPS Next 2Y13.32%
EPS Next 3Y15.97%
YMM Yearly Income VS Free CF VS DividendYMM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2019 2020 2021 2022 2023 2024 0 2B -2B -4B

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FULL TRUCK ALLIANCE -SPN ADR / YMM FAQ

What is the fundamental rating for YMM stock?

ChartMill assigns a fundamental rating of 6 / 10 to YMM.


Can you provide the valuation status for FULL TRUCK ALLIANCE -SPN ADR?

ChartMill assigns a valuation rating of 5 / 10 to FULL TRUCK ALLIANCE -SPN ADR (YMM). This can be considered as Fairly Valued.


How profitable is FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?

FULL TRUCK ALLIANCE -SPN ADR (YMM) has a profitability rating of 5 / 10.


What is the financial health of FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?

The financial health rating of FULL TRUCK ALLIANCE -SPN ADR (YMM) is 9 / 10.