Today we're going to take a closer look at Large-Cap Technology company Full Truck Alliance, whose shares are currently trading at $11.13. We've been asking ourselves whether the company is under or over valued at today's prices... let's perform a brief value analysis to find out!
Full Truck Alliance Has Attractive P/B and P/E Ratios:
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 and Hong Kong. The company belongs to the Technology sector, which has an average price to earnings (P/E) ratio of 30.44 and an average price to book (P/B) ratio of 4.19. In contrast, Full Truck Alliance has a trailing 12 month P/E ratio of 22.3 and a P/B ratio of 0.3.
Full Truck Alliance has moved 24.5% over the last year compared to 10.1% for the S&P 500 — a difference of 14.3%. Full Truck Alliance has a 52 week high of $13.85 and a 52 week low of $6.66.
Strong Revenue Growth With No Capital Eexpenditures:
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Revenue (k) | $2,235 | $10,333 | $730,788 | $976,287 | $1,188,210 |
| Operating Margins | -69635% | -33404% | -82% | -2% | 12% |
| Net Margins | -68173% | -33586% | -78% | 6% | 26% |
| Net Income (k) | -$1,523,657 | -$3,470,480 | -$573,476 | $59,720 | $313,681 |
| Diluted Shares (k) | 3,299,723 | 3,423,688 | 13,445,972 | 21,579,616 | 21,162,351 |
| Earnings Per Share | -$0.46 | -$1.01 | -$0.04 | $0.0 | $0.01 |
| EPS Growth | n/a | -119.57% | 96.04% | 100.0% | n/a |
