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

NYSE:YMM • US35969L1089

9.13 USD
-0.14 (-1.51%)
At close: Mar 11, 2026
9.13 USD
0 (0%)
After Hours: 3/11/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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

Fundamental Rating

6

Taking everything into account, YMM scores 6 out of 10 in our fundamental rating. YMM was compared to 42 industry peers in the Ground Transportation industry. While YMM has a great health rating, its profitability is only average at the moment. YMM is not valued too expensively and it also shows a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. YMM Profitability Analysis

1.1 Basic Checks

  • In the past year YMM was profitable.
  • In multiple years YMM reported negative net income over the last 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 0 2B -2B -4B

1.2 Ratios

  • YMM has a Return On Assets of 9.02%. This is amongst the best in the industry. YMM outperforms 88.10% of its industry peers.
  • The Return On Equity of YMM (10.14%) is better than 64.29% of its industry peers.
  • The Return On Invested Capital of YMM (7.69%) is better than 69.05% 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.
  • YMM has a better Operating Margin (31.71%) than 88.10% of its industry peers.
  • With a decent Gross Margin value of 60.44%, YMM is doing good in the industry, outperforming 73.81% of the companies in the same industry.
  • 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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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.
  • YMM has about the same amout of shares outstanding than it did 1 year ago.
  • 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 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

  • An Altman-Z score of 9.06 indicates that YMM is not in any danger for bankruptcy at the moment.
  • YMM's Altman-Z score of 9.06 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 9.06
ROIC/WACC0.83
WACC9.27%
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

  • A Current Ratio of 6.26 indicates that YMM has no problem at all paying its short term obligations.
  • YMM has a Current ratio of 6.26. This is amongst the best in the industry. YMM outperforms 97.62% of its industry peers.
  • YMM has a Quick Ratio of 6.26. This indicates that YMM is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 6.26, YMM belongs to the top of the industry, outperforming 97.62% of the companies in the same industry.
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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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. YMM Growth Analysis

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.
  • YMM shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.08%.
  • 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

  • Based on estimates for the next years, YMM will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.66% on average per year.
  • The Revenue is expected to grow by 17.14% on average over the next years. This is quite good.
EPS Next Y17.91%
EPS Next 2Y11.86%
EPS Next 3Y15.07%
EPS Next 5Y19.66%
Revenue Next Year12.07%
Revenue Next 2Y5.78%
Revenue Next 3Y8.37%
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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Find the best growth stocksShow best growing peers

5

4. YMM Valuation Analysis

4.1 Price/Earnings Ratio

  • YMM is valuated correctly with a Price/Earnings ratio of 13.83.
  • YMM's Price/Earnings ratio is rather cheap when compared to the industry. YMM is cheaper than 92.86% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of YMM to the average of the S&P500 Index (26.15), we can say YMM is valued slightly cheaper.
  • YMM is valuated correctly with a Price/Forward Earnings ratio of 12.92.
  • Based on the Price/Forward Earnings ratio, YMM is valued cheaper than 97.62% 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 24.27.
Industry RankSector Rank
PE 13.83
Fwd PE 12.92
YMM Price Earnings VS Forward Price EarningsYMM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

  • YMM's Enterprise Value to EBITDA ratio is in line with the industry average.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 16.54
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

  • YMM's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
  • A more expensive valuation may be justified as YMM's earnings are expected to grow with 15.07% in the coming years.
PEG (NY)0.77
PEG (5Y)N/A
EPS Next 2Y11.86%
EPS Next 3Y15.07%

More info and screens

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

2

5. YMM Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 1.41%, YMM has a reasonable but not impressive dividend return.
  • In the last 3 months the price of YMM has falen by -22.36%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
  • YMM's Dividend Yield is a higher than the industry average which is at 0.67.
  • Compared to the average S&P500 Dividend Yield of 1.82, YMM is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.41%

5.2 History

  • YMM does not have a reliable dividend history as it only pays dividend since a couple or years.
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 2Y11.86%
EPS Next 3Y15.07%
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

More info and screens

Find the best dividend stocksShow peers with best dividend

YMM Fundamentals: All Metrics, Ratios and Statistics

FULL TRUCK ALLIANCE -SPN ADR

NYSE:YMM (3/11/2026, 8:04:00 PM)

After market: 9.13 0 (0%)

9.13

-0.14 (-1.51%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)11-17
Earnings (Next)03-12
Inst Owners84.35%
Inst Owner Change2.37%
Ins Owners0.52%
Ins Owner ChangeN/A
Market Cap9.55B
Revenue(TTM)12.47B
Net Income(TTM)3.98B
Analysts81.05
Price Target13.94 (52.68%)
Short Float %41.73%
Short Ratio2.32
Dividend
Industry RankSector Rank
Dividend Yield 1.41%
Yearly Dividend0.15
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.38%
Min EPS beat(2)-9.6%
Max EPS beat(2)10.37%
EPS beat(4)3
Avg EPS beat(4)1.39%
Min EPS beat(4)-9.6%
Max EPS beat(4)10.37%
EPS beat(8)7
Avg EPS beat(8)9.42%
EPS beat(12)11
Avg EPS beat(12)18.06%
EPS beat(16)13
Avg EPS beat(16)-760.27%
Revenue beat(2)2
Avg Revenue beat(2)5.84%
Min Revenue beat(2)5.07%
Max Revenue beat(2)6.61%
Revenue beat(4)3
Avg Revenue beat(4)3.09%
Min Revenue beat(4)-0.3%
Max Revenue beat(4)6.61%
Revenue beat(8)3
Avg Revenue beat(8)-41.23%
Revenue beat(12)4
Avg Revenue beat(12)-48.77%
Revenue beat(16)8
Avg Revenue beat(16)-34.3%
PT rev (1m)0%
PT rev (3m)-5.86%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)-0.14%
Revenue NQ rev (1m)-0.06%
Revenue NQ rev (3m)0.45%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.22%
Valuation
Industry RankSector Rank
PE 13.83
Fwd PE 12.92
P/S 5.27
P/FCF N/A
P/OCF N/A
P/B 1.67
P/tB 1.9
EV/EBITDA 16.54
EPS(TTM)0.66
EY7.23%
EPS(NY)0.71
Fwd EY7.74%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS1.73
BVpS5.46
TBVpS4.8
PEG (NY)0.77
PEG (5Y)N/A
Graham Number9
Profitability
Industry RankSector Rank
ROA 9.02%
ROE 10.14%
ROCE 9.73%
ROIC 7.69%
ROICexc 7.69%
ROICexgc 8.69%
OM 31.71%
PM (TTM) 31.9%
GM 60.44%
FCFM N/A
ROA(3y)4.72%
ROA(5y)-2.45%
ROE(3y)5.19%
ROE(5y)-2.65%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
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 3YN/A
PM growth 5YN/A
GM growth 3Y6.31%
GM growth 5Y4.51%
F-ScoreN/A
Asset Turnover0.28
Health
Industry RankSector Rank
Debt/Equity 0
Debt/FCF N/A
Debt/EBITDA 0
Cap/Depr N/A
Cap/Sales N/A
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 6.26
Quick Ratio 6.26
Altman-Z 9.06
F-ScoreN/A
WACC9.27%
ROIC/WACC0.83
Cap/Depr(3y)108.85%
Cap/Depr(5y)94.8%
Cap/Sales(3y)1.04%
Cap/Sales(5y)1.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)26.3%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-23.65%
EPS Next Y17.91%
EPS Next 2Y11.86%
EPS Next 3Y15.07%
EPS Next 5Y19.66%
Revenue 1Y (TTM)19.08%
Revenue growth 3Y34.13%
Revenue growth 5Y35.36%
Sales Q2Q%677.43%
Revenue Next Year12.07%
Revenue Next 2Y5.78%
Revenue Next 3Y8.37%
Revenue Next 5Y17.14%
EBIT growth 1Y109.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year60.51%
EBIT Next 3Y32.31%
EBIT Next 5YN/A
FCF growth 1Y33.41%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y30.84%
OCF growth 3YN/A
OCF growth 5YN/A

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.