FULL TRUCK ALLIANCE -SPN ADR (YMM) Fundamental Analysis & Valuation

NYSE:YMM • US35969L1089

Current stock price

8.645 USD
+0.04 (+0.41%)
Last:

This YMM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. YMM Profitability Analysis

1.1 Basic Checks

  • In the past year YMM was profitable.
  • In the past year YMM had a positive cash flow from operations.
  • YMM had positive earnings in 4 of the past 5 years.
  • In multiple years YMM reported negative operating cash flow during the last 5 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 2025 0 2B -2B 4B -4B

1.2 Ratios

  • YMM has a better Return On Assets (9.95%) than 88.10% of its industry peers.
  • The Return On Equity of YMM (11.01%) is better than 64.29% of its industry peers.
  • YMM's Return On Invested Capital of 8.78% is fine compared to the rest of the industry. YMM outperforms 78.57% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for YMM is in line with the industry average of 7.17%.
  • The 3 year average ROIC (5.63%) for YMM is below the current ROIC(8.78%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 9.95%
ROE 11.01%
ROIC 8.78%
ROA(3y)7.67%
ROA(5y)2.4%
ROE(3y)8.46%
ROE(5y)2.66%
ROIC(3y)5.63%
ROIC(5y)N/A
YMM Yearly ROA, ROE, ROICYMM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 -10 -15

1.3 Margins

  • With an excellent Profit Margin value of 35.29%, YMM belongs to the best of the industry, outperforming 97.62% of the companies in the same industry.
  • In the last couple of years the Profit Margin of YMM has grown nicely.
  • YMM's Operating Margin of 33.20% is amongst the best of the industry. YMM outperforms 88.10% of its industry peers.
  • YMM has a Gross Margin of 63.02%. This is in the better half of the industry: YMM outperforms 73.81% of its industry peers.
  • YMM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 33.2%
PM (TTM) 35.29%
GM 63.02%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y80.1%
PM growth 5YN/A
GM growth 3Y9.65%
GM growth 5Y5.16%
YMM Yearly Profit, Operating, Gross MarginsYMM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2019 2020 2021 2022 2023 2024 2025 0 50 -50 -100

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ROAROEROICOperating and Profit MarginShow most profitable peers

9

2. YMM Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), YMM is destroying value.
  • Compared to 1 year ago, YMM has less shares outstanding
  • YMM has less shares outstanding than it did 5 years ago.
  • 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 2025 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 2025 10B 20B 30B 40B

2.2 Solvency

  • An Altman-Z score of 9.44 indicates that YMM is not in any danger for bankruptcy at the moment.
  • With an excellent Altman-Z score value of 9.44, YMM belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
  • 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 0
Altman-Z 9.44
ROIC/WACC0.95
WACC9.21%
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 2025 0 10B 20B 30B 40B

2.3 Liquidity

  • A Current Ratio of 8.09 indicates that YMM has no problem at all paying its short term obligations.
  • Looking at the Current ratio, with a value of 8.09, YMM belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
  • A Quick Ratio of 8.09 indicates that YMM has no problem at all paying its short term obligations.
  • YMM has a better Quick ratio (8.09) than 97.62% of its industry peers.
Industry RankSector Rank
Current Ratio 8.09
Quick Ratio 8.09
YMM Yearly Current Assets VS Current LiabilitesYMM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

8

3. YMM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 17.15% over the past year.
  • The Earnings Per Share has been growing by 57.26% on average over the past years. This is a very strong growth
  • Looking at the last year, YMM shows a quite strong growth in Revenue. The Revenue has grown by 11.13% in the last year.
  • Measured over the past years, YMM shows a very strong growth in Revenue. The Revenue has been growing by 37.08% on average per year.
EPS 1Y (TTM)17.15%
EPS 3Y57.26%
EPS 5YN/A
EPS Q2Q%0.34%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y22.87%
Revenue growth 5Y37.08%
Sales Q2Q%2.11%

3.2 Future

  • The Earnings Per Share is expected to grow by 11.59% 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 17.00% on average per year.
EPS Next Y3.13%
EPS Next 2Y12.03%
EPS Next 3Y13.6%
EPS Next 5Y11.59%
Revenue Next Year-6.76%
Revenue Next 2Y2.67%
Revenue Next 3Y6.78%
Revenue Next 5Y17%

3.3 Evolution

  • The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
  • 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 2029 0 2 4 6

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Find the best growth stocksShow best growing peers

7

4. YMM Valuation Analysis

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 12.90, the valuation of YMM can be described as correct.
  • Based on the Price/Earnings ratio, YMM is valued cheaply inside the industry as 95.24% of the companies are valued more expensively.
  • When comparing the Price/Earnings ratio of YMM to the average of the S&P500 Index (27.15), we can say YMM is valued rather cheaply.
  • Based on the Price/Forward Earnings ratio of 12.57, the valuation of YMM can be described as correct.
  • Based on the Price/Forward Earnings ratio, YMM is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
  • When comparing the Price/Forward Earnings ratio of YMM to the average of the S&P500 Index (22.12), we can say YMM is valued slightly cheaper.
Industry RankSector Rank
PE 12.9
Fwd PE 12.57
YMM Price Earnings VS Forward Price EarningsYMM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 50 100 150

4.2 Price Multiples

  • Based on the Enterprise Value to EBITDA ratio, YMM is valued cheaper than 88.10% of the companies in the same industry.
  • 92.86% of the companies in the same industry are more expensive than YMM, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 13.61
EV/EBITDA 7.72
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 high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • YMM has a very decent profitability rating, which may justify a higher PE ratio.
  • YMM's earnings are expected to grow with 13.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.12
PEG (5Y)N/A
EPS Next 2Y12.03%
EPS Next 3Y13.6%

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

3

5. YMM Dividend Analysis

5.1 Amount

  • YMM has a Yearly Dividend Yield of 1.41%.
  • Compared to an average industry Dividend Yield of 0.62, YMM pays a better dividend. On top of this YMM pays more dividend than 80.95% of the companies listed in the same industry.
  • YMM's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.41%

5.2 History

  • YMM has been paying a dividend for less than 5 years, so it still needs to build a track record.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
YMM Yearly Dividends per shareYMM Yearly Dividends per shareYearly Dividends per share 2024 2025 2026 0.05 0.1 0.15

5.3 Sustainability

  • 32.33% of the earnings are spent on dividend by YMM. This is a low number and sustainable payout ratio.
DP32.33%
EPS Next 2Y12.03%
EPS Next 3Y13.6%
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 2025 0 2B -2B 4B -4B
YMM Dividend Payout.YMM Dividend Payout, showing the Payout Ratio.YMM Dividend Payout.PayoutRetained Earnings

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Find the best dividend stocksShow peers with best dividend

YMM Fundamentals: All Metrics, Ratios and Statistics

FULL TRUCK ALLIANCE -SPN ADR

NYSE:YMM (4/28/2026, 2:50:02 PM)

8.645

+0.04 (+0.41%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)03-12
Earnings (Next)05-19
Inst Owners83.32%
Inst Owner Change-0.23%
Ins Owners0.52%
Ins Owner Change0%
Market Cap8.97B
Revenue(TTM)12.49B
Net Income(TTM)4.41B
Analysts78.95
Price Target13.14 (52%)
Short Float %39.61%
Short Ratio2.71
Dividend
Industry RankSector Rank
Dividend Yield 1.41%
Yearly Dividend0.2
Dividend Growth(5Y)N/A
DP32.33%
Div Incr Years1
Div Non Decr Years1
Ex-Date04-08
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-2.63%
Min EPS beat(2)-9.6%
Max EPS beat(2)4.35%
EPS beat(4)3
Avg EPS beat(4)2.38%
Min EPS beat(4)-9.6%
Max EPS beat(4)10.37%
EPS beat(8)7
Avg EPS beat(8)7.72%
EPS beat(12)11
Avg EPS beat(12)15.84%
EPS beat(16)14
Avg EPS beat(16)23.5%
Revenue beat(2)2
Avg Revenue beat(2)3.9%
Min Revenue beat(2)1.19%
Max Revenue beat(2)6.61%
Revenue beat(4)4
Avg Revenue beat(4)3.47%
Min Revenue beat(4)0.98%
Max Revenue beat(4)6.61%
Revenue beat(8)4
Avg Revenue beat(8)-30.42%
Revenue beat(12)4
Avg Revenue beat(12)-48.8%
Revenue beat(16)8
Avg Revenue beat(16)-34.79%
PT rev (1m)-5.73%
PT rev (3m)-9.82%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.32%
EPS NY rev (1m)-3.44%
EPS NY rev (3m)-5.91%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)-5.99%
Revenue NY rev (1m)-3.65%
Revenue NY rev (3m)-9.83%
Valuation
Industry RankSector Rank
PE 12.9
Fwd PE 12.57
P/S 4.9
P/FCF 13.61
P/OCF 13.23
P/B 1.53
P/tB 1.74
EV/EBITDA 7.72
EPS(TTM)0.67
EY7.75%
EPS(NY)0.69
Fwd EY7.96%
FCF(TTM)0.64
FCFY7.35%
OCF(TTM)0.65
OCFY7.56%
SpS1.76
BVpS5.65
TBVpS4.98
PEG (NY)4.12
PEG (5Y)N/A
Graham Number9.23279 (6.8%)
Profitability
Industry RankSector Rank
ROA 9.95%
ROE 11.01%
ROCE 10%
ROIC 8.78%
ROICexc 14.95%
ROICexgc 18.6%
OM 33.2%
PM (TTM) 35.29%
GM 63.02%
FCFM 36.01%
ROA(3y)7.67%
ROA(5y)2.4%
ROE(3y)8.46%
ROE(5y)2.66%
ROIC(3y)5.63%
ROIC(5y)N/A
ROICexc(3y)10.78%
ROICexc(5y)N/A
ROICexgc(3y)13.45%
ROICexgc(5y)N/A
ROCE(3y)6.41%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y80.1%
PM growth 5YN/A
GM growth 3Y9.65%
GM growth 5Y5.16%
F-Score8
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF 0
Debt/EBITDA 0
Cap/Depr 129.7%
Cap/Sales 1.04%
Interest Coverage 250
Cash Conversion 108.97%
Profit Quality 102.02%
Current Ratio 8.09
Quick Ratio 8.09
Altman-Z 9.44
F-Score8
WACC9.21%
ROIC/WACC0.95
Cap/Depr(3y)120.05%
Cap/Depr(5y)104.26%
Cap/Sales(3y)0.97%
Cap/Sales(5y)1.02%
Profit Quality(3y)98.12%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)17.15%
EPS 3Y57.26%
EPS 5YN/A
EPS Q2Q%0.34%
EPS Next Y3.13%
EPS Next 2Y12.03%
EPS Next 3Y13.6%
EPS Next 5Y11.59%
Revenue 1Y (TTM)11.13%
Revenue growth 3Y22.87%
Revenue growth 5Y37.08%
Sales Q2Q%2.11%
Revenue Next Year-6.76%
Revenue Next 2Y2.67%
Revenue Next 3Y6.78%
Revenue Next 5Y17%
EBIT growth 1Y67.52%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year14.06%
EBIT Next 3Y19.58%
EBIT Next 5YN/A
FCF growth 1Y55.33%
FCF growth 3YN/A
FCF growth 5Y53.86%
OCF growth 1Y55.78%
OCF growth 3YN/A
OCF growth 5Y51.76%

FULL TRUCK ALLIANCE -SPN ADR / YMM Fundamental Analysis FAQ

What is the fundamental rating for YMM stock?

ChartMill assigns a fundamental rating of 8 / 10 to YMM.


What is the valuation status of FULL TRUCK ALLIANCE -SPN ADR (YMM) stock?

ChartMill assigns a valuation rating of 7 / 10 to FULL TRUCK ALLIANCE -SPN ADR (YMM). This can be considered as Undervalued.


Can you provide the profitability details for FULL TRUCK ALLIANCE -SPN ADR?

FULL TRUCK ALLIANCE -SPN ADR (YMM) has a profitability rating of 7 / 10.


Can you provide the financial health for YMM stock?

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


Can you provide the expected EPS growth for YMM stock?

The Earnings per Share (EPS) of FULL TRUCK ALLIANCE -SPN ADR (YMM) is expected to grow by 3.13% in the next year.