YMM (Full Truck Alliance Co) Goodwill-to-Asset: 0.09 (As of Mar. 2026)

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YMM Full Truck Alliance Co Ltd YMM
77 GF Score
Price $8.81
GF Value $11.44
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Full Truck Alliance Co Goodwill-to-Asset?

Full Truck Alliance Co YMM -0.68% 77 Goodwill-to-Asset is 0.09 as of Mar. 2026. GuruFocus rates YMM with a GF Score™ of 77/100 and a GF Value™ of $11.44 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Full Truck Alliance Co's Goodwill for the quarter that ended in Mar. 2026 was $584 Mil. Full Truck Alliance Co's Total Assets for the quarter that ended in Mar. 2026 was $6,501 Mil. Therefore, Full Truck Alliance Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.09.


Full Truck Alliance Co  (NYSE:YMM) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Full Truck Alliance Co Goodwill-to-Asset Related Terms


Full Truck Alliance Co Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Full Truck Alliance Co's Goodwill-to-Asset 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.

Full Truck Alliance Co Goodwill-to-Asset Chart

Full Truck Alliance Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial 0.09 0.09 0.08 0.08 0.09

Full Truck Alliance Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.09 0.09 0.09

YMM vs QH, SHOP, UBER: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Full Truck Alliance Co's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset 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 Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Full Truck Alliance Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Full Truck Alliance Co's Goodwill-to-Asset falls into.


YMM
77GF Score
Full Truck Alliance Co Ltd YMM
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Full Truck Alliance Co Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Full Truck Alliance Co's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=571.533/6292.882
=0.09

Full Truck Alliance Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=584.063/6501.468
=0.09

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.09 mean?
Full Truck Alliance Co (YMM) has a Goodwill-to-Asset of 0.09 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Full Truck Alliance Co and its competitors.
Is Full Truck Alliance Co's Goodwill-to-Asset too high?
Full Truck Alliance Co's current Goodwill-to-Asset is 0.09. Overall, Full Truck Alliance Co has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Full Truck Alliance Co's Goodwill-to-Asset compare to QH and SHOP?
Full Truck Alliance Co's Goodwill-to-Asset of 0.09 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Full Truck Alliance Co and its competitors. Full Truck Alliance Co's current Goodwill-to-Asset is 0.09. 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 $11.44, compared to a current price of $8.81 — trading 23% below its estimated fair value. The current Goodwill-to-Asset is 0.09. Full Truck Alliance Co's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Full Truck Alliance Co (YMM), the current Goodwill-to-Asset is 0.09 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 $8.81 is trading 23% below its estimated GF Value™ of $11.44. GuruFocus considers Full Truck Alliance Co to be Modestly Undervalued.

Key valuation signals for YMM:

  • Goodwill-to-Asset: 0.09
  • GF Value™: $11.44 vs. price of $8.81 (23% below fair value)
  • GF Score™: 77/100 with 2 warning signs

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 Business Description

Other Exchanges YMMN:Mexico892:Germany
Address 20 Fengxin Road, Wanbo Science and Technology Park, Yuhuatai District, Nanjing, CHN, 210012
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.
77GF Score

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Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.81
Price
$11.44
GF Value