ATAT Stock Analysis: Atour Lifestyle Holdings | NASDAQ
Lodging | NASDAQ, USA | Market Cap: 4.443m USD | 12M Return: -14.2% | US04965M1062 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 28.9M
EPS Trend: 94.0%
Qual. Beats: 0
Rev. Trend: 98.8%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 3.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Atour Lifestyle Holdings Limited is a Shanghai-based company that develops lifestyle brands across the Peoples Republic of China, operating both hospitality and retail businesses. The company runs an asset-light model, providing day-to-day hotel management services on behalf of franchisees, and also generates revenue by selling hotel supplies and other products, as well as operating a travel agency. Incorporated in 2012, Atour trades on NASDAQ under the ticker ATAT and is classified within the Consumer Discretionary sector, specifically the Hotels, Resorts & Cruise Lines sub-industry.
- China hotel RevPAR recovery accelerates occupancy and rate growth
- Lifestyle retail segment expands at higher product margins
- Hotel pipeline growth and franchise conversions drive unit expansion
| Net Income: 1.96b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.26 > 0.02 and ΔFCF/TA 5.91 > 1.0 |
| NWC/Revenue: 29.33% < 20% (prev 38.79%; Δ -9.47% < -1%) |
| CFO/TA 0.27 > 3% & CFO 2.33b > Net Income 1.96b |
| Net Debt (-3.37b) to EBITDA (2.84b): -1.19 < 3 |
| Current Ratio: 1.93 > 1.5 & < 3 |
| Outstanding Shares: last quarter (136.8m) vs 12m ago -2.22% < -2% |
| Gross Margin: 43.23% > 18% (prev 43.76%; Δ -0.53% > 0.5%) |
| Asset Turnover: 137.4% > 50% (prev 100.0%; Δ 37.39% > 0%) |
| Interest Coverage Ratio: 455.4 > 6 (EBIT TTM 2.78b / Interest Expense TTM 6.11m) |
| A: 0.40 (Total Current Assets 7.11b - Total Current Liabilities 3.68b) / Total Assets 8.69b |
| B: 0.31 (Retained Earnings 2.72b / Total Assets 8.69b) |
| C: 0.33 (EBIT TTM 2.78b / Avg Total Assets 8.52b) |
| D: 0.63 (Book Value of Equity 3.37b / Total Liabilities 5.32b) |
| Altman-Z'' = 6.47 = AAA |
| DSRI: 1.05 (Receivables 613.4m/416.9m, Revenue 11.7b/8.36b) |
| GMI: 1.01 (GM 43.76% / 43.23%) |
| AQI: 0.98 (AQ_t 0.05 / AQ_t-1 0.06) |
| SGI: 1.40 (Revenue 11.7b / 8.36b) |
| TATA: -0.04 (NI 1.96b - CFO 2.33b) / TA 8.69b) |
| Beneish M = -2.70 (Cap -4..+1) = A |
As of September 23, 2026, the stock is trading at USD 33.21 with a total of 836,271 shares traded. Over the past week, the price has changed by +6.10%, over one month by -4.43%, over three months by +4.40% and over the past year by -14.23%.
Current recommended Stop Loss: 30.40 (which is 8.5% or 2.6 ATR below the current price).
Atour Lifestyle Holdings has received a consensus analysts rating of 4.80. Therefore, it is recommended to buy ATAT.
- StrongBuy: 12
- Buy: 3
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 49.8 | 49.9% |
Market Cap CNY = 29.7b (4.44b USD * 6.6954 USD.CNY)
P/E Trailing = 15.1651
P/E Forward = 20.0401
P/S = 0.3792
P/B = 8.6894
Revenue TTM = 11.7b CNY
EBIT TTM = 2.78b CNY
EBITDA TTM = 2.84b CNY
Long Term Debt = 2.00m CNY (from longTermDebt, last quarter)
Short Term Debt = 496.0m CNY (from shortTermDebt, last quarter)
Debt = 2.35b CNY (from shortLongTermDebtTotal, last quarter) + Leases 1.06b
Net Debt = -3.37b CNY (calculated: Debt 2.35b - CCE 5.72b)
Enterprise Value = 26.4b CNY (29.7b + Debt 2.35b - CCE 5.72b)
Interest Coverage Ratio = 455.4 (Ebit TTM 2.78b / Interest Expense TTM 6.11m)
EV/FCF = 11.56x (Enterprise Value 26.4b / FCF TTM 2.28b)
FCF Yield = 8.65% (FCF TTM 2.28b / Enterprise Value 26.4b)
FCF Margin = 19.49% (FCF TTM 2.28b / Revenue TTM 11.7b)
Net Margin = 16.77% (Net Income TTM 1.96b / Revenue TTM 11.7b)
Gross Margin = 43.23% ((Revenue TTM 11.7b - Cost of Revenue TTM 6.65b) / Revenue TTM)
Gross Margin QoQ = 43.61% (prev 41.53%)
Tobins Q-Ratio = 3.04 (Enterprise Value 26.4b / Total Assets 8.69b)
Interest Expense / Debt = 0.26% (Interest Expense 6.11m / Debt 2.35b)
Taxrate = 31.17% (888.8m / 2.85b)
NOPAT = 1.92b (EBIT 2.78b * (1 - 31.17%))
Current Ratio = 1.93 (Total Current Assets 7.11b / Total Current Liabilities 3.68b)
Debt / Equity = 0.70 (Debt 2.35b / totalStockholderEquity, last quarter 3.37b)
Debt / EBITDA = -1.19 (Net Debt -3.37b / EBITDA 2.84b)
Debt / FCF = -1.48 (Net Debt -3.37b / FCF TTM 2.28b)
Total Stockholder Equity = 3.59b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.05% (Net Income 1.96b / Total Assets 8.69b)
RoE = 54.74% (Net Income TTM 1.96b / Total Stockholder Equity 3.59b)
RoCE = 77.53% (EBIT 2.78b / Capital Employed (Equity 3.59b + L.T.Debt 2.00m))
RoIC = 38.95% (NOPAT 1.92b / Invested Capital 4.92b)
WACC = 8.30% (E(29.7b)/V(32.1b) * Re(8.94%) + D(2.35b)/V(32.1b) * Rd(0.26%) * (1-Tc(0.31)))
Discount Rate = 8.94% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -26.80 | Cagr: -0.60%
[DCF] Terminal Value 77.97% ; FCFF base≈2.05b ; Y1≈2.35b ; Y5≈3.46b
[DCF] Fair Price = 497.1 (EV 52.0b - Net Debt -3.37b = Equity 55.4b / Shares 111.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 93.97 | EPS CAGR: 39.96% | SUE: 0.02 | # QB: 0
Revenue Correlation: 98.77 | Revenue CAGR: 46.18% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-09-30): EPS=4.00 | Chg30d=-3.45% | Revisions=-25% | Analysts=3
EPS current Year (2026-12-31): EPS=15.48 | Chg30d=+1.22% | Revisions=+36% | GrowthEPS=+23.4% | GrowthRev=+30.8%
EPS next Year (2027-12-31): EPS=18.80 | Chg30d=+3.07% | Revisions=+42% | GrowthEPS=+21.5% | GrowthRev=+19.0%
[Analyst] Revisions Ratio: +38% (up=13, down=5)