YMM Stock Overview
Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$11.89|
|52 Week High||US$22.80|
|52 Week Low||US$7.95|
|1 Month Change||-24.98%|
|3 Month Change||-35.06%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-44.70%|
Recent News & Updates
Full Truck Alliance Moves Back Into Fast Lane With Strong Government Support
Full Truck Alliance’s shares surged after separate media reports showed strong government backing by both Beijing and its home province. Company’s two key apps have reappeared in China app stores after being removed this summer pending a data security review. The company’s stock has always looked quite high when compared with more traditional logistics peers.
Investors Take Comfort In Full Truck Alliance's Business Update
Shares of trucking logistics specialist are up more than 40% over last week after it said its order volume grew 88% in the second quarter. Full Truck Alliance’s stock is down by a third since its June IPO as it faces a cybersecurity review that has yet come to reach conclusion. The company’s shares have rallied over the last week after it revealed its order volume and gross transaction value rose 88% and 58%, respectively, in the second quarter.
|YMM||US Transportation||US Market|
Return vs Industry: Insufficient data to determine how YMM performed against the US Transportation industry.
Return vs Market: Insufficient data to determine how YMM performed against the US Market.
|YMM Average Weekly Movement||11.0%|
|Transportation Industry Average Movement||6.4%|
|Market Average Movement||6.1%|
|10% most volatile stocks in US Market||14.9%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: YMM is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine YMM's volatility change over the past year.
About the Company
Full Truck Alliance Co. Ltd., together with its subsidiaries, operates a digital freight platform that connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types in the People’s Republic of China. It offers freight listing, matching, and brokerage services; and online transaction services, as well as various value-added services. The company also provides guarantees, and technology development and other services.
Full Truck Alliance Fundamentals Summary
|YMM fundamental statistics|
Is YMM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|YMM income statement (TTM)|
|Cost of Revenue||CN¥3.26b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-5.29|
|Net Profit Margin||-140.94%|
How did YMM perform over the long term?See historical performance and comparison
Is Full Truck Alliance undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: YMM ($11.89) is trading below our estimate of fair value ($56.54)
Significantly Below Fair Value: YMM is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: YMM is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.
PE vs Market: YMM is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate YMM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: YMM's PB Ratio (2.5x) is in line with the US Transportation industry average.
How is Full Truck Alliance forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: YMM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: YMM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: YMM's is expected to become profitable in the next 3 years.
Revenue vs Market: YMM's revenue (62.9% per year) is forecast to grow faster than the US market (10% per year).
High Growth Revenue: YMM's revenue (62.9% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: YMM's Return on Equity is forecast to be very high in 3 years time (55.7%).
How has Full Truck Alliance performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: YMM is currently unprofitable.
Growing Profit Margin: YMM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if YMM's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare YMM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: YMM is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (54.7%).
Return on Equity
High ROE: YMM has a negative Return on Equity (-15.76%), as it is currently unprofitable.
How is Full Truck Alliance's financial position?
Financial Position Analysis
Short Term Liabilities: YMM's short term assets (CN¥29.7B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: YMM's short term assets (CN¥29.7B) exceed its long term liabilities (CN¥117.4M).
Debt to Equity History and Analysis
Debt Level: YMM is debt free.
Reducing Debt: YMM had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if YMM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if YMM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Full Truck Alliance current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate YMM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate YMM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if YMM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if YMM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of YMM's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Zhang (42 yo)
Mr. Hui Zhang, also known as Peter, serves as Founder at Full Truck Alliance Co. Ltd. Mr. Zhang also serves as Chairman of Board of Directors at Full Truck Alliance Co. Ltd. since November 2020, Chief Exec...
Experienced Management: YMM's management team is considered experienced (2.2 years average tenure).
Experienced Board: YMM's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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.
Dilution of Shares: YMM only recently listed within the past 12 months.
Full Truck Alliance Co. Ltd.'s employee growth, exchange listings and data sources
- Name: Full Truck Alliance Co. Ltd.
- Ticker: YMM
- Exchange: NYSE
- Founded: 2011
- Industry: Trucking
- Sector: Transportation
- Market Cap: US$12.856b
- Shares outstanding: 1.09b
- Website: https://www.fulltruckalliance.com
Number of Employees
- Full Truck Alliance Co. Ltd.
- No. 123 Kaifa Avenue
- Economic and Technical Development Zone
- Guizhou Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/12/02 23:47|
|End of Day Share Price||2021/12/02 00:00|
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.