Full Truck Alliance Co. Ltd. Sponsored ADR YMM

8.13 (0.03) (0.37%) as of 25 Sep
Market cap
$7.6B
P/E
13.8×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 13.36%

Capital & Financial Ratios

Market Cap 7,610.00
Revenue 1,873.12
Net Income 637.64
Free Cash Flow 1,614.65
Net Debt (3,484.75)
Current Ratio 7.96
Debt/Equity 0.00
P/E ratio 13.78
P/S ratio 4.50
P/B ratio 1.40
Past 5Y EPS Growth —
This Y EPS Growth 4.64%
Next Y EPS Growth 19.98%
Next 5Y EPS Growth 13.89%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.25
0.08
0.08
0.08
2025 0.19
0.10
0.10
2024 0.14
0.14
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 2,592 2,865 2,457 3,485
Receivables 3 3 11 13
Inventory — — — —
Other — — — —
3,380 3,734 3,296 4,208
2023 2024 2025 Q'26
Payables 4 4 5 7
ST’ Debt — — — —
Other 77 78 91 95
461 414 408 529
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 35.19% 22.30%
Cash Flow — 49.67% 0.00%
Earnings — 0.00% 120.28%
Book Value — 0.00% 5.90%

Revenue

Mar Jun Sep Dec Year
’26 413 498 — — —
’25 372 452 472 490 1,786
’24 314 380 432 413 1,540
’23 248 284 310 346 1,188
’22 210 249 254 263 976
’21 134 173 193 224 731
’20 63 79 106 128 396
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 226 — — — —
’25 — — — 662 662
’24 — — — 407 407
’23 — — — 320 320
’22 — — — (2) (2)
’21 — — — — (33)
’20 — — — 88 88
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 226 — — — —
’25 — — — 643 643
’24 — — — 397 397
’23 — — — 306 306
’22 — — — (15) (15)
’21 — — — — (39)
’20 — — — 83 83
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.14 0.19 — — —
’25 0.17 0.17 0.12 0.14 0.60
’24 0.08 0.11 0.15 0.07 0.40
’23 0.06 0.08 0.08 0.08 0.29
’22 (0.03) 0.00 0.05 0.03 0.05
’21 (0.07) (1.14) (0.03) (0.19) (0.97)
’20 — (0.04) (0.04) (0.38) (3.11)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — 7.95 4.12 5.41 5.70 9.45

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — 22.80 10.16 10.18 12.47 14.07
High Price
— — — — 4,059 7,103 6,795 7,585 7,185 8,251
Employees
— — — 0 0 0 0 0 0 0
Revenue/Emp
— — — 358 396 731 976 1,188 1,540 1,786
Revenue
— — — 43.80% 49.01% 45.46% 47.81% 51.17% 54.62% 63.02%
Gross Margin
— — — (225) (529) (571) 74 329 461 771
EBT
— — — (62.86%) (133.74%) (78.17%) 7.54% 27.67% 29.92% 43.14%
EBT Margin
— 0 — (223) (532) (573) 60 314 428 638
Net Income
— — — 10 10 11 13 11 11 14
Depreciation
— — — 0.33 2.31 1.09 0.91 1.13 1.48 1.71
Revenue/Sh
— — — (0.01) (3.11) (0.97) 0.05 0.30 0.40 0.60
Earnings/Sh
— — — (0.12) 0.51 (0.05) 0.00 0.30 0.39 0.64
Cash Flow/Sh
— — — 0.00 (0.03) (0.01) (0.01) (0.01) (0.01) (0.02)
Capex/Sh
— — — (0.12) 0.49 (0.06) (0.01) 0.29 0.38 0.62
Free CF/Sh
— — — 1.90 (7.60) 7.36 4.54 4.75 4.96 5.56
Book Value/Sh
— — — 1,098 171 672 1,076 1,056 1,041 1,042
Shares
— — — 0.00 0.00 0.00 169.31 22.00 26.39 17.88
PE Ratio
— — — 52.83 52.83 12.79 9.66 5.86 7.32 6.26
PS Ratio
— — — 0.00 0.00 1.80 1.93 1.39 2.18 1.93
PB Ratio
— — — 46.52 46.52 7.26 5.83 3.74 5.50 4.92
EV/Sales
— — — 0.00 0.00 0.00 0.00 9.35 10.99 6.61
EV/FCF
— — — (134) 88 (33) (2) 320 407 662
Op' Cash Flow
— — — (2) (5) (6) (12) (14) (10) (19)
Capex
— — — (134) 83 (39) (15) 306 397 643
FCF
— — — 1,467 2,869 4,106 4,099 2,919 3,320 2,889
Working Cap'
— — — 72 — 1 11 — — —
Total Debt
— — — (1,420) (2,893) (4,078) (3,814) (2,592) (2,865) (2,457)
Net Debt
— — — 2,089 (1,300) 4,948 4,880 5,017 5,164 5,795
Sh' Equity
— — — (18.11%) (17.51%) (14.16%) 1.10% 5.74% 7.51% 10.51%
ROA
— — — 0.00% 0.00% (42.79%) (1.38%) 3.62% 9.22% 11.10%
ROIC
— — — 19.05% 47.47% (35.91%) 1.20% 6.30% 8.26% 11.50%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Full Truck Alliance Co. Ltd. Sponsored ADR peers in Software Application

All 237 Software Application stocks →

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) key facts

  • Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
  • Full Truck Alliance Co. Ltd. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $1.8 billion, up 16.0% from fiscal 2024.
  • As of September 25, 2026, YMM traded at $8.13, a market capitalization of $7.6 billion.
  • Return on equity was 11.5% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Latest News

News by impact score

Fine-tune

23 Sep

3

Full Truck Alliance trades around US$8.45 with a P/E near 13.9x, well below the Transportation group and far from the broader peer set. Five-year performance has fallen about 41%, sharpening focus on whether today’s price is justified by earnings power. The business hinges on converting freight-matching activity into sustainable profitability, making margins and cash flow pivotal to valuation. Analysts using the Fair Ratio model estimate a higher P/E than the current price, implying the market may price in more risk or a cautious profit trajectory rather than weak earnings alone. Some community narratives suggest the stock could be about 7% undervalued, but concerns about shrinking demand and rising competition in China temper optimism. Investors are asked to weigh earnings strength against the price and compare with other undervalued stocks. Valuation gap against the Fair Ratio and margin risk imply a moderate potential for stock re-rating.

9 Sep

3

Full Truck Alliance (YMM) upgraded to Buy rating on improved operational efficiencies, market expansion and stronger financial outlook. Buy rating upgrade may moderately lift investor sentiment and short-term trading activity for YMM.

19 Aug

4 transcript

Full Truck Alliance reported Q2 results during its earnings call, covering revenue, net income, user metrics, and operational updates for its digital freight platform along with forward guidance. Q2 earnings figures and guidance directly move investor sentiment and near-term stock valuation for YMM.

3

Full Truck Alliance Co Ltd posted record fulfillment rate during Q2 2026 earnings call. Record fulfillment rate signals stronger operational performance with moderate effect on future results.

3

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Q2 earnings and revenues exceeded estimates. Q2 earnings beat signals positive results with moderate potential to affect near-term stock sentiment and performance.

3

Full Truck Alliance Co. Ltd. released unaudited financial results for second quarter 2026. Quarterly earnings release can shift near-term stock price and sentiment.

28 May

3

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) receives a Buy rating upgrade based on positive underlying factors. Analyst Buy upgrade can moderately lift near-term investor sentiment and trading activity for YMM.

23 May

3

Full Truck Alliance (YMM) ranks among top new tech stocks with highest upside potential. Inclusion in a high-upside stock list can lift near-term investor sentiment and trading volume.

21 May

4

Full Truck Alliance Co Ltd reported strong revenue growth in Q1 2026 earnings call amid challenging market conditions, highlighting operational resilience and expanded market reach for its digital freight platform. Strong revenue growth reported in earnings highlights points to improved financial momentum that can materially lift stock performance and investor outlook.

4 transcript

Full Truck Alliance reported Q1 results during its earnings call, covering revenue, profitability metrics, operational volumes, and forward guidance for its logistics platform. Quarterly earnings releases and call commentary directly shape near-term valuation and trading activity for YMM.

3

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) Q1 earnings and revenues surpassed estimates. Q1 earnings and revenue beats signal better than expected results likely supporting positive investor sentiment for YMM.

3

Full Truck Alliance Co. Ltd. announced its unaudited financial results for the first quarter of 2026. Quarterly earnings results directly inform investors on financial performance and can move share price in the short term.

22 Apr

3

Recent freight platform headlines raise questions about whether Full Truck Alliance (YMM) presents investment value amid shifting market dynamics. Freight platform headlines could moderately impact YMM's valuation and investor sentiment without fundamentally altering its trajectory.

2 Apr

4

Full Truck Alliance (YMM) reported FY25 net income of RMB 4.46 billion, up 42.8% year-over-year. 42.8% FY25 net income growth to RMB 4.46B indicates strong financial performance likely to enhance investor sentiment and stock trajectory.

3

JPMorgan upgraded Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) to Neutral from Underweight. Analyst upgrade from Underweight to Neutral improves market sentiment and could moderately influence short-term stock performance.

16 Mar

4

Full Truck Alliance leverages AI for operational efficiency, unlocking valuation upside and expansion potential in the trucking logistics sector. AI integration enhances efficiency and supports expansion, significantly boosting YMM's competitive edge and investor appeal.

12 Mar

4

Full Truck Alliance Co. Ltd. (YMM) shared Q4 earnings call highlights, reporting revenue growth, profitability improvements, user expansion, and optimistic 2024 guidance amid strong logistics demand. Q4 earnings highlights reveal financial performance and forward guidance that significantly shape investor expectations and stock trajectory.

4

Full Truck Alliance Co. Ltd. (YMM) reported record revenue and strategic initiatives in Q4 2025 earnings call highlights. Record revenue and strategic initiatives represent major positive developments likely to boost YMM's trajectory and investor sentiment.

4

Full Truck Alliance Co. Ltd. announced unaudited financial results for the fourth quarter and fiscal year 2025. Quarterly and annual earnings announcements directly drive stock price volatility and shape investor expectations for YMM's future performance.

12 Feb

4

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) experienced a nearly 20% decline in stock value last quarter. Despite this downturn, a significant investment of $116 million from a prominent fund indicates a strong belief in the company's potential for recovery and future growth. A major fund's substantial investment suggests confidence in a strategic turnaround that could significantly impact the company's future performance.

10 Feb

3

Full Truck Alliance Co. Ltd. (NYSE:YMM) is currently trading at a 38% discount, raising questions about its valuation and potential for growth. Analysts are evaluating the company's market position and financial health, considering factors such as revenue trends and competitive landscape. The discount may present a buying opportunity for investors, but caution is advised due to market volatility and external economic conditions. The current trading discount suggests a moderately noticeable influence on investor sentiment and potential financial performance.

30 Jan

4

Full Truck Alliance Co. Ltd. is projected to see its transaction revenue increase by over 30% by 2026, driven by growth in its logistics services and expanding market presence. The company is focusing on enhancing its platform and technology to capture a larger share of the freight market, which is expected to contribute significantly to its financial performance in the coming years. A projected revenue surge of over 30% indicates significant growth potential and strategic advancements that could alter the company's market position.

29 Jan

4

Morgan Stanley has expressed a positive outlook on Full Truck Alliance Co. Ltd. (YMM) following the company's approval of a capital return plan. This plan is expected to enhance shareholder value and reflects the company's commitment to returning capital to investors. The approval has garnered attention from analysts, indicating potential confidence in YMM's future performance. The approval of a capital return plan is a significant strategic move that could positively influence investor sentiment and the company's trajectory.

20 Jan

4

Full Truck Alliance Co. Ltd. has committed to a 50% payout ratio for its earnings, which may enhance its attractiveness to investors. This commitment signals a focus on returning value to shareholders and could positively influence market sentiment towards the company. Analysts suggest that this move might change the investment landscape for Full Truck Alliance, potentially leading to increased interest from both institutional and retail investors. The 50% payout commitment is a significant strategic move that could enhance investor sentiment and alter the company's trajectory.

3

Full Truck Alliance Co. Ltd. (YMM) has experienced a pullback in digital freight sentiment, raising questions about potential investment opportunities. Analysts are evaluating the company's performance amidst changing market dynamics and the impact of recent developments in the logistics sector. The current sentiment may present a buying opportunity for investors looking to capitalize on the company's long-term growth potential despite short-term fluctuations. The pullback in digital freight sentiment may moderately influence YMM's market performance and investor sentiment.

3

Full Truck Alliance Co. Ltd. (YMM) has experienced a decline in share price, prompting a reassessment of its valuation. Analysts are evaluating the company's financial health and market position in light of recent performance trends. Factors influencing this assessment include competitive pressures and broader market conditions affecting the logistics sector. Investors are closely monitoring developments as they could impact future growth prospects and investor sentiment. Current share price weakness indicates potential challenges that may moderately influence financial performance and market positioning.

19 Jan

4

Full Truck Alliance Co. Ltd. (YMM) is positioned for growth due to its expanding market presence and strategic initiatives aimed at enhancing operational efficiency. The company is leveraging technology to optimize logistics and improve user experience, which could lead to increased market share. Analysts highlight the potential for significant revenue growth as the demand for freight services continues to rise in the post-pandemic economy. The company's focus on innovation and customer satisfaction is expected to strengthen its competitive edge in the logistics sector. Strategic initiatives and market expansion are likely to significantly impact future performance and investor sentiment.

4

Full Truck Alliance Co. Ltd. has announced a long-term shareholder return plan aimed at enhancing shareholder value. The plan includes a commitment to return a significant portion of its profits to shareholders through dividends and share buybacks. This initiative reflects the company's confidence in its growth prospects and financial stability, as well as its commitment to rewarding investors. The announcement is expected to positively influence investor sentiment and strengthen the company's market position. The long-term shareholder return plan is a significant strategic move that could enhance investor confidence and alter the company's trajectory.

4 Jan

4

Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) has seen a remarkable 127% increase in stock value, driven by strong market interest and a new $16 million investment position. Analysts suggest that this growth indicates further potential for the company, reflecting positive sentiment in the logistics sector. The investment highlights confidence in YMM's business model and future prospects, suggesting that the stock may continue to rise as the company capitalizes on market opportunities. The significant investment and stock increase indicate a strong market sentiment that could alter the company's trajectory.

4

Full Truck Alliance Co. Ltd. has become a top holding for a fund following a $33 million investment. This significant purchase reflects growing confidence in the company's potential within the logistics and technology sectors, indicating a positive outlook for its future performance. A major investment from a fund suggests strong market confidence and could significantly influence the company's trajectory.

stockrow.com/YMM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com