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Full Truck Alliance Co (NYSE:YMM) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Full Truck Alliance Co Net Cash per Share Related Terms
Full Truck Alliance Co Net Cash per Share Historical Data
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The historical data trend for Full Truck Alliance Co's Net Cash per Share 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.
YMM vs CRM, SHOP, UBER: Net Cash per Share Comparison
For the Software - Application subindustry, Full Truck Alliance Co's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Software Industry
For the Software industry and Technology sector, Full Truck Alliance Co's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Full Truck Alliance Co's Price-to-Net-Cash falls into.
Full Truck Alliance Co Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Full Truck Alliance Co's Net Cash per Share for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (YMM) has a Net Cash per Share of $2.61 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Full Truck Alliance Co and its competitors. According to the industry distribution chart, Full Truck Alliance Co ranks #164 out of 859 companies in the Software industry, placing it in the top 19.1%.
Is Full Truck Alliance Co's Net Cash per Share too high?
Full Truck Alliance Co's current Net Cash per Share is $2.61. The Software industry median Net Cash per Share is 7.96. Full Truck Alliance Co's value of $2.61 is 67.2% below this industry median. Based on the distribution chart, Full Truck Alliance Co ranks #164 out of 859 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 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Full Truck Alliance Co's Net Cash per Share compare to CRM and SHOP?
According to the Software industry distribution chart, Full Truck Alliance Co ranks #164 out of 859 companies for Net Cash per Share. This places Full Truck Alliance Co in the top 19% of its industry — outperforming the majority of peers. The industry median Net Cash per Share is 7.96. Full Truck Alliance Co's value of $2.61 is 67.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Software company?
The median Net Cash per Share among Software companies is 7.96, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Full Truck Alliance Co's current Net Cash per Share of $2.61 is 67.2% 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Full Truck Alliance Co and its competitors. For the Software industry, the median Net Cash per Share is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Full Truck Alliance Co's current Net Cash per Share is $2.61. 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 $11.60, compared to a current price of $8.65 — trading 25.4% below its estimated fair value. The current Net Cash per Share is $2.61 and 67.2% below the Software industry median of 7.96. 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 Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Full Truck Alliance Co (YMM), the current Net Cash per Share is $2.61 as of Jun. 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 $8.65 is trading 25.4% below its estimated GF Value™ of $11.60.
GuruFocus considers Full Truck Alliance Co to be Modestly Undervalued.
Key valuation signals for YMM:
Net Cash per Share: $2.61
GF Value™: $11.60 vs. price of $8.65 (25.4% below fair value)
Industry Position: 67.2% below the Software median (#164 of 859)
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.
77GF Score
Get the complete analysis for YMM
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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