NYSE:ATHM

Stock Analysis Report

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Executive Summary

Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet with solid track record.


Similar Companies

Share Price & News

How has Autohome's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ATHM is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: ATHM's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-2.1%

ATHM

-3.8%

US Interactive Media and Services

0.6%

US Market


1 Year Return

17.3%

ATHM

20.9%

US Interactive Media and Services

21.0%

US Market

Return vs Industry: ATHM underperformed the US Interactive Media and Services industry which returned 20.9% over the past year.

Return vs Market: ATHM underperformed the US Market which returned 21% over the past year.


Shareholder returns

ATHMIndustryMarket
7 Day-2.1%-3.8%0.6%
30 Day3.9%-3.8%4.2%
90 Day2.7%7.6%12.4%
1 Year18.5%17.3%20.9%20.9%23.7%21.0%
3 Year25.9%24.6%42.4%42.3%47.4%37.6%
5 Year290.9%282.7%139.7%139.1%131.6%105.9%

Long-Term Price Volatility Vs. Market

How volatile is Autohome's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Autohome undervalued compared to its fair value and its price relative to the market?

12.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ATHM ($102.88) is trading below our estimate of fair value ($117.3)

Significantly Below Fair Value: ATHM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ATHM is good value based on its PE Ratio (23.6x) compared to the US Interactive Media and Services industry average (27.7x).

PE vs Market: ATHM is poor value based on its PE Ratio (23.6x) compared to the US market (21.3x).


Price to Earnings Growth Ratio

PEG Ratio: ATHM is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: ATHM is overvalued based on its PB Ratio (4.8x) compared to the US Interactive Media and Services industry average (3.7x).


Next Steps

Future Growth

How is Autohome forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

13.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ATHM's forecast earnings growth (13.1% per year) is above the savings rate (2%).

Earnings vs Market: ATHM's earnings (13.1% per year) are forecast to grow slower than the US market (21.6% per year).

High Growth Earnings: ATHM's earnings are forecast to grow, but not significantly.

Revenue vs Market: ATHM's revenue (11.5% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: ATHM's revenue (11.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ATHM's Return on Equity is forecast to be low in 3 years time (18.5%).


Next Steps

Past Performance

How has Autohome performed over the past 5 years?

26.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ATHM has high quality earnings.

Growing Profit Margin: ATHM's current net profit margins (39.6%) are higher than last year (37.5%).


Past Earnings Growth Analysis

Earnings Trend: ATHM's earnings have grown significantly by 26.5% per year over the past 5 years.

Accelerating Growth: ATHM's earnings growth over the past year (8.3%) is below its 5-year average (26.5% per year).

Earnings vs Industry: ATHM earnings growth over the past year (8.3%) exceeded the Interactive Media and Services industry -0.2%.


Return on Equity

High ROE: ATHM's Return on Equity (20.5%) is considered high.


Next Steps

Financial Health

How is Autohome's financial position?


Financial Position Analysis

Short Term Liabilities: ATHM's short term assets (CN¥18.1B) exceed its short term liabilities (CN¥3.4B).

Long Term Liabilities: ATHM's short term assets (CN¥18.1B) exceed its long term liabilities (CN¥604.7M).


Debt to Equity History and Analysis

Debt Level: ATHM is debt free.

Reducing Debt: ATHM had no debt 5 years ago.

Debt Coverage: ATHM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ATHM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Autohome current dividend yield, its reliability and sustainability?

0.75%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ATHM's dividend (0.75%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.38%).

High Dividend: ATHM's dividend (0.75%) is low compared to the top 25% of dividend payers in the US market (3.84%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether ATHM's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if ATHM's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (19%), ATHM's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ATHM's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Quan Long

no data

Tenure

Mr. Quan Long serves as Chairman of the Board and Chief Executive Officer at Autohome Inc. since January 12, 2021 and also as Director. Before joining Autohome, Mr. Long has held a series of leadership rol...


Leadership Team

NamePositionTenureCompensationOwnership
Quan Long
Chairman & CEOno datano datano data
Haifeng Shao
Co-President1.17yrsno datano data
Jingyu Zhang
Co-President1.17yrsno datano data
Jun Zou
Chief Financial Officer3.33yrsno datano data
Xiao Wang
Chief Technology Officer1.17yrsno datano data
Anita Chen
Head of Investor Relationsno datano datano data

1.2yrs

Average Tenure

47yo

Average Age

Experienced Management: ATHM's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Quan Long
Chairman & CEOno datano datano data
Dazong Wang
Independent Director4.08yrsno datano data
Junling Liu
Independent Director6yrsno datano data
Tianruo Pu
Independent Director4.08yrsno datano data
Dong Liu
Director4.58yrsno datano data
Zheng Liu
Director3.08yrsno datano data
Jing Xiao
Director0.58yrno datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Board: ATHM's board of directors are considered experienced (4.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Autohome Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Autohome Inc.
  • Ticker: ATHM
  • Exchange: NYSE
  • Founded: 2008
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: US$11.640b
  • Shares outstanding: 119.08m
  • Website: https://www.autohome.com.cn

Number of Employees


Location

  • Autohome Inc.
  • CEC Plaza, Tower B
  • 18th Floor
  • Beijing
  • Beijing Province
  • 100080
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ATHMNYSE (New York Stock Exchange)YesADS EACH REPR 1 CL 'A' ORD USD0.01USUSDDec 2013
8AHBDB (Deutsche Boerse AG)YesADS EACH REPR 1 CL 'A' ORD USD0.01DEEURDec 2013
ATHM NBMV (Bolsa Mexicana de Valores)YesADS EACH REPR 1 CL 'A' ORD USD0.01MXMXNDec 2013

Biography

Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. The company, through its Websites, autohome.com.cn and che168.com, and its mobile applications an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/15 23:04
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.