Financials Autohome Inc.

Equities

ATHM

US05278C1071

Advertising & Marketing

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
26 USD +3.79% Intraday chart for Autohome Inc. +7.08% -7.34%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,472 11,862 3,754 3,816 3,457 2,967 - -
Enterprise Value (EV) 1 9,192 11,591 3,085 3,408 2,758 1,025 897 385.3
P/E ratio 335 x 362 x 10.8 x 14.5 x 13.2 x 12.7 x 12 x 11.6 x
Yield - 0% 1.8% - - 6.22% 5.77% 6.55%
Capitalization / Revenue 7.87 x 8.86 x 3.28 x 3.77 x 3.46 x 2.87 x 2.74 x 2.67 x
EV / Revenue 7.64 x 8.66 x 2.69 x 3.37 x 2.76 x 0.99 x 0.83 x 0.35 x
EV / EBITDA 16.8 x 19.5 x 7.67 x 11.3 x 8.93 x 5.61 x 3.62 x 1.73 x
EV / FCF 24.3 x 24.5 x 6.12 x 9.65 x - 4.39 x 3.05 x 1.31 x
FCF Yield 4.12% 4.08% 16.3% 10.4% - 22.8% 32.8% 76.6%
Price to Book 73.8 x 4.38 x 0.89 x - - 0.87 x 0.84 x 0.84 x
Nbr of stocks (in thousands) 118,385 119,077 127,347 124,721 123,186 114,123 - -
Reference price 2 80.01 99.62 29.48 30.60 28.06 26.00 26.00 26.00
Announcement Date 2/19/20 2/2/21 2/24/22 2/16/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,203 1,339 1,146 1,012 999.9 1,035 1,082 1,113
EBITDA 1 545.8 593.2 402 301.1 308.9 182.5 247.7 222.6
EBIT 1 462.4 486.8 282.2 181.9 158.3 160.5 188.4 202.6
Operating Margin 38.43% 36.36% 24.62% 17.97% 15.83% 15.51% 17.42% 18.21%
Earnings before Tax (EBT) 1 528.9 567.2 344.8 257 278 275.9 304.2 324.2
Net income 1 457.3 526.5 340.3 263.5 261.7 252.8 267.1 275.5
Net margin 38% 39.33% 29.69% 26.04% 26.17% 24.43% 24.7% 24.76%
EPS 2 0.2391 0.2750 2.719 2.110 2.131 2.043 2.172 2.234
Free Cash Flow 1 378.7 473.2 503.9 353.3 - 233.4 294.3 295.3
FCF margin 31.47% 35.34% 43.96% 34.92% - 22.55% 27.21% 26.54%
FCF Conversion (EBITDA) 69.39% 79.77% 125.32% 117.34% - 127.83% 118.84% 132.62%
FCF Conversion (Net income) 82.81% 89.87% 148.07% 134.12% - 92.3% 110.17% 107.19%
Dividend per Share 2 - 0.002110 0.5300 - - 1.616 1.500 1.704
Announcement Date 2/19/20 2/2/21 2/24/22 2/16/23 2/6/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 276.5 268.2 221.3 256.7 252.5 276 220.7 256.5 260.4 266 218.2 262 274.7 275.9
EBITDA 1 95.28 34.61 59.51 79.81 54.07 107.3 74.88 83.26 65.89 86.59 66.25 - - -
EBIT 1 57.24 28.02 36.28 44.62 26.26 74.83 37.87 47.79 22.69 51.04 30.08 40.02 30.35 56.85
Operating Margin 20.7% 10.45% 16.4% 17.38% 10.4% 27.11% 17.16% 18.63% 8.71% 19.19% 13.78% 15.27% 11.05% 20.6%
Earnings before Tax (EBT) 1 81.11 24.18 45.98 67.61 45.05 97.92 65.73 75.94 58.52 79.32 55.66 71.51 59.7 84.42
Net income 1 80.13 40.71 46.24 62.7 67.86 84.68 56.52 68.75 77.07 60.14 50.37 60.44 47.66 73.8
Net margin 28.97% 15.18% 20.9% 24.43% 26.88% 30.68% 25.61% 26.8% 29.59% 22.61% 23.09% 23.07% 17.35% 26.75%
EPS 2 0.6334 0.3215 0.3669 0.5006 0.5438 0.6852 0.4562 0.5570 0.6272 0.4955 0.4080 0.4965 0.3910 0.6050
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 11/18/21 2/24/22 5/24/22 8/3/22 11/3/22 2/16/23 5/11/23 7/27/23 11/2/23 2/6/24 - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 280 271 669 408 699 1,943 2,070 2,582
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 379 473 504 353 - 233 294 295
ROE (net income / shareholders' equity) 24.8% 21.1% 12.8% 9.32% 9.03% 7.65% 7.56% 7.77%
ROA (Net income/ Total Assets) 18.3% 15.9% 8.22% 7.46% 7.13% 6.3% 6.33% 6.34%
Assets 1 2,495 3,316 4,138 3,531 3,668 4,014 4,221 4,345
Book Value Per Share 2 1.080 22.70 33.00 - - 30.00 30.90 31.00
Cash Flow per Share 2 0.2100 3.960 4.290 - - 2.780 2.780 2.710
Capex 1 28.8 40.8 33.4 16.8 - 26.6 27.9 30.9
Capex / Sales 2.39% 3.05% 2.91% 1.66% - 2.57% 2.58% 2.78%
Announcement Date 2/19/20 2/2/21 2/24/22 2/16/23 2/6/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
26 USD
Average target price
31.73 USD
Spread / Average Target
+22.02%
Consensus
  1. Stock Market
  2. Equities
  3. ATHM Stock
  4. Financials Autohome Inc.