FULL TRUCK ALLIANCE -SPN ADR (YMM)
US35969L1089 - ADR
We assign a fundamental rating of 5 out of 10 to YMM. YMM was compared to 36 industry peers in the Ground Transportation industry. While YMM has a great health rating, there are worries on its profitability. YMM is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year YMM was profitable.
The reported net income has been mixed in the past 5 years: YMM reported negative net income in multiple years.
In the past 5 years YMM reported 4 times negative operating cash flow.
1.2 Ratios
YMM has a Return On Assets of 5.60%. This is in the better half of the industry: YMM outperforms 66.67% of its industry peers.
YMM has a Return On Equity (6.19%) which is in line with its industry peers.
YMM has a Return On Invested Capital of 2.65%. This is in the lower half of the industry: YMM underperforms 63.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.6% | ||
| ROE | 6.19% | ||
| ROIC | 2.65% |
ROA(3y)-1.8%
ROA(5y)-5.73%
ROE(3y)-1.95%
ROE(5y)-6.38%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
YMM's Profit Margin of 26.77% is amongst the best of the industry. YMM outperforms 94.44% of its industry peers.
Looking at the Operating Margin, with a value of 13.17%, YMM is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
With a Gross Margin value of 52.00%, YMM perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
YMM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.17% | ||
| PM (TTM) | 26.77% | ||
| GM | 52% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.45%
GM growth 5YN/A
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.
The number of shares outstanding for YMM has been reduced compared to 1 year ago.
YMM has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 11.16 indicates that YMM is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 11.16, YMM belongs to the best of the industry, outperforming 94.44% 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 Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 11.16 |
ROIC/WACC0.35
WACC7.54%
2.3 Liquidity
YMM has a Current Ratio of 7.33. This indicates that YMM is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of YMM (7.33) is better than 100.00% of its industry peers.
A Quick Ratio of 7.33 indicates that YMM has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 7.33, YMM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.33 | ||
| Quick Ratio | 7.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 117.65% over the past year.
The Revenue has grown by 22.28% in the past year. This is a very strong growth!
YMM shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 48.41% yearly.
EPS 1Y (TTM)117.65%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q66.67%
Revenue 1Y (TTM)22.28%
Revenue growth 3Y48.41%
Revenue growth 5YN/A
Revenue growth Q2Q25.25%
3.2 Future
YMM is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 105.30% yearly.
Based on estimates for the next years, YMM will show a very strong growth in Revenue. The Revenue will grow by 79.91% on average per year.
EPS Next Y26.91%
EPS Next 2Y28.62%
EPS Next 3Y28.17%
EPS Next 5Y105.3%
Revenue Next Year28.55%
Revenue Next 2Y25.13%
Revenue Next 3Y23.71%
Revenue Next 5Y79.91%
3.3 Evolution
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 177.40, which means the current valuation is very expensive for YMM.
YMM's Price/Earnings ratio is a bit more expensive when compared to the industry. YMM is more expensive than 72.22% of the companies in the same industry.
YMM is valuated expensively when we compare the Price/Earnings ratio to 28.28, which is the current average of the S&P500 Index.
YMM is valuated quite expensively with a Price/Forward Earnings ratio of 136.78.
75.00% of the companies in the same industry are cheaper than YMM, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.88, YMM is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 177.4 | ||
| Fwd PE | 136.78 |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
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's earnings are expected to grow with 28.17% in the coming years. This may justify a more expensive valuation.
PEG (NY)6.59
PEG (5Y)N/A
EPS Next 2Y28.62%
EPS Next 3Y28.17%
5. Dividend
5.1 Amount
YMM has a Yearly Dividend Yield of 1.42%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 1.69, YMM pays a bit more dividend than its industry peers.
With a Dividend Yield of 1.42, YMM pays less dividend than the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
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
5.3 Sustainability
DPN/A
EPS Next 2Y28.62%
EPS Next 3Y28.17%
FULL TRUCK ALLIANCE -SPN ADR
NYSE:YMM (5/3/2024, 7:27:51 PM)
After market: 8.87 0 (0%)8.87
+0.02 (+0.23%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryGround Transportation
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap9.28B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
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EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 177.4 | ||
| Fwd PE | 136.78 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)6.59
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.6% | ||
| ROE | 6.19% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.17% | ||
| PM (TTM) | 26.77% | ||
| GM | 52% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 7.33 | ||
| Quick Ratio | 7.33 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)117.65%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next Y26.91%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)22.28%
Revenue growth 3Y48.41%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y