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Full Truck Alliance CoYMM -2.14%75 Debt-to-EBITDA is 0.01 as of Mar. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates YMM with a GF Score™ of 75/100 and a GF Value™ of $11.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,716 Software companies, Full Truck Alliance Co ranks better than 99.94% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Full Truck Alliance Co's Debt-to-EBITDA or its related term are showing as below:
YMM'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.35 Med: 0.02 Max: 0.14
Current: 0.01
During the past 7 years, the highest Debt-to-EBITDA Ratio of Full Truck Alliance Co was 0.14. The lowest was -0.35. And the median was 0.02.
YMM's Debt-to-EBITDA is ranked better than 99.94% of 1716
companies
in the Software industry
Industry Median: 1.085
vs YMM: 0.01
Full Truck Alliance Co (NYSE:YMM) Debt-to-EBITDA Explanation
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Full Truck Alliance Co Debt-to-EBITDA Related Terms
Full Truck Alliance Co Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Full Truck Alliance Co's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Software - Application subindustry, Full Truck Alliance Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Full Truck Alliance Co Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, Full Truck Alliance Co's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Full Truck Alliance Co's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Full Truck Alliance Co (YMM) has a Debt-to-EBITDA of 0.01 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Full Truck Alliance Co. This is 50% below median its historical median of 0.02. According to the industry distribution chart, Full Truck Alliance Co ranks #1 out of 1716 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Full Truck Alliance Co's Debt-to-EBITDA too high?
Full Truck Alliance Co's current Debt-to-EBITDA of 0.01 is 50% below median its 10-year median of 0.02. The Software industry median Debt-to-EBITDA is 1.09. Full Truck Alliance Co's value of 0.01 is 99.1% below this industry median. Based on the distribution chart, Full Truck Alliance Co ranks #1 out of 1716 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Full Truck Alliance Co has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Full Truck Alliance Co's Debt-to-EBITDA compare to UBER and SHOP?
According to the Software industry distribution chart, Full Truck Alliance Co ranks #1 out of 1716 companies for Debt-to-EBITDA. This places Full Truck Alliance Co in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.09. Full Truck Alliance Co's value of 0.01 is 99.1% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 1.09, Full Truck Alliance Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Software company?
The median Debt-to-EBITDA among Software companies is 1.09, based on 1,716 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Full Truck Alliance Co's current Debt-to-EBITDA of 0.01 is 99.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Full Truck Alliance Co. For the Software industry, the median Debt-to-EBITDA is 1.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Truck Alliance Co's current Debt-to-EBITDA is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Full Truck Alliance Co stock overvalued right now?
Based on GuruFocus' analysis, Full Truck Alliance Co (YMM) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.31, compared to a current price of $9.14 — trading 19.2% below its estimated fair value. The current Debt-to-EBITDA is 0.01, which is 50% below median its 10-year median of 0.02 and 99.1% below the Software industry median of 1.09. Full Truck Alliance Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Full Truck Alliance Co (YMM), the current Debt-to-EBITDA is 0.01 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Full Truck Alliance Co (YMM) Overvalued in 2026?
Based on GuruFocus' analysis, Full Truck Alliance Co stock appears to be undervalued.
The current stock price of $9.14 is trading 19.2% below its estimated GF Value™ of $11.31.
GuruFocus considers Full Truck Alliance Co to be Modestly Undervalued.
Key valuation signals for YMM:
Debt-to-EBITDA: 0.01 (50% below median its 10-year median of 0.02)
GF Value™: $11.31 vs. price of $9.14 (19.2% below fair value)
Industry Position: 99.1% below the Software median (#1 of 1716)
No single metric tells the full story. See the YMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Full Truck Alliance Co Ltd, through its subsidiaries, provides comprehensive services for shippers and truckers through its mobile and website platforms. Its principal operations are in the People's Republic of China. The group derives its revenues principally from shippers and trucker's use of its platforms in connection with freight matching services and value-added services.
75GF Score
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