Now trading at a price of $12.36, Full Truck Alliance has moved -1.4% so far today.
Full Truck Alliance returned gains of 49.3% last year, with its stock price reaching a high of $13.85 and a low of $6.66. Over the same period, the stock outperformed the S&P 500 index by 38.1%. More recently, the company's 50-day average price was $11.66. 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. Based in Guiyang, China, the Large-Cap Technology company has 7,185 full time employees. Full Truck Alliance has offered a 5.6% dividend yield over the last 12 months.
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 |
The Market May Be Undervaluing Full Truck Alliance's Earnings and Assets:
Full Truck Alliance has a trailing twelve month P/E ratio of 23.3, compared to an average of 30.44 for the Technology sector. Based on its EPS guidance of $0.63, the company has a forward P/E ratio of 18.5. Full Truck Alliance's PEG ratio is 1.96 on the basis of the 11.9% weighted average of the company and the broader market's EPS compound average growth rates. This suggests that the company's shares are overvalued. In contrast, the market is likely undervaluing Full Truck Alliance in terms of its equity because its P/B ratio is 0.34 while the sector average is 4.19. The company's shares are currently trading 5273.9% below their Graham number.
There's an Analyst Consensus of Some Upside Potential for Full Truck Alliance:
Full Truck Alliance has an average amount of shares sold short because 2.8% of the company's shares are sold short. Institutions own 75.0% of the company's shares, and the insider ownership rate stands at 0.52%, suggesting a small amount of insider investors. The largest shareholder is FIL LTD, whose 6% stake in the company is worth $667,296,297.
