Full Truck Alliance (YMM) Fundamental Analysis: Revenue, Earnings & Valuation

0.30 / 10

Underperform

YMM's fundamentals are challenged by a high Current liabilities / Total liabilities ratio of 94.61% and a Days sales outstanding of 0.94, both in low-performing quartiles. Although ROE (diluted) at 8.72% earns a group 3 score, it is insufficient to offset other weaknesses. The net income-to-revenue difference of 0.74 and negative Profit-MV further suggest operational inefficiencies. Overall, the fundamental picture is guarded, warranting an Underperform label.

Analysis Checks(1/10)

Days sales outstanding

Value0.94

Score1/3

Weight-27.32%

1M Return1.92%

Current liabilities / Total liabilities (%)

Value94.61

Score0/3

Weight38.76%

1M Return-2.76%

Non-current assets / Total assets (%)

Value50.77

Score0/3

Weight30.07%

1M Return-2.17%

Profit-MV

Value2.61

Score1/3

Weight11.27%

1M Return-1.03%

Net income-Revenue

Value0.74

Score1/3

Weight-2.42%

1M Return0.22%

Income tax / Total profit (%)

Value15.93

Score0/3

Weight24.09%

1M Return-1.66%

Current assets turnover ratio

Value0.38

Score0/3

Weight48.91%

1M Return-3.69%

ROE (diluted) (%)

Value8.72

Score3/3

Weight-76.82%

1M Return4.42%

Asset-MV

Value-0.50

Score0/3

Weight21.55%

1M Return-1.81%

Current assets / Total assets (%)

Value49.23

Score0/3

Weight31.91%

1M Return-2.32%

Is YMM undervalued or overvalued?

YMM scores 0.30/10 on fundamentals and holds a Premium valuation at present. Backed by its 8.71% ROE, 32.50% net margin, 19.10 P/E ratio, 1.83 P/B ratio, and 28.22% earnings growth, these metrics solidify its Underperform investment rating.