(ATAT) Atour Lifestyle Holdings - Overview

Sector: Consumer Cyclical | Industry: Lodging | Exchange: NASDAQ (USA) | Market Cap: 5.286m USD | Total Return: 21.5% in 12m

Hotels, Retail Goods, Management Services, Travel Agency
Total Rating 61
Safety 72
Buy Signal -0.97
Lodging
Industry Rotation: -8.6
Market Cap: 5.29B
Avg Turnover: 38.5M
Risk 3d forecast
Volatility40.9%
VaR 5th Pctl7.00%
VaR vs Median3.86%
Reward TTM
Sharpe Ratio0.59
Rel. Str. IBD42.2
Rel. Str. Peer Group46.3
Character TTM
Beta1.027
Beta Downside0.925
Hurst Exponent0.488
Drawdowns 3y
Max DD30.96%
CAGR/Max DD0.97
CAGR/Mean DD2.80
EPS (Earnings per Share) EPS (Earnings per Share) of ATAT over the last years for every Quarter: "2021-03": null, "2021-06": null, "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": 0.3811, "2022-12": 0.61, "2023-03": 0.019, "2023-06": 1.8, "2023-09": 0.65, "2023-12": 1.6, "2024-03": 0.63, "2024-06": 0.7864, "2024-09": 0.9316, "2024-12": 2.3806, "2025-03": 1.74, "2025-06": 3.03, "2025-09": 3.39, "2025-12": 3.5497, "2026-03": 3.5344,
EPS CAGR: 88.96%
EPS Trend: 69.9%
Last SUE: 0.53
Qual. Beats: 0
Revenue Revenue of ATAT over the last years for every Quarter: 2021-03: 425.332818, 2021-06: 571.202306, 2021-09: 563.672813, 2021-12: 589.565313, 2022-03: 452.371073, 2022-06: 521.394148, 2022-09: 698.289879, 2022-12: 773.159925, 2023-03: 602.91329, 2023-06: 1079.726755, 2023-09: 1304.235345, 2023-12: 1475.117419, 2024-03: 1467.874769, 2024-06: 1794.880437, 2024-09: 1912.171622, 2024-12: 2084.01, 2025-03: 1910.130453, 2025-06: 2477.329883, 2025-09: 2627.97, 2025-12: 2749.348223, 2026-03: 2794.238391,
Rev. CAGR: 56.47%
Rev. Trend: 95.4%
Last SUE: 0.16
Qual. Beats: 0

Warnings

Fakeout Choppy

Tailwinds

No distinct edge detected

Description: ATAT Atour Lifestyle Holdings

Atour Lifestyle Holdings Limited is a Shanghai-based hospitality and retail operator focused on the upper-midscale segment in China. The company utilizes an asset-light business model, primarily generating revenue through hotel management services for franchisees and the sale of hotel-related supplies. Beyond lodging, the firm integrates a retail component by selling branded lifestyle products directly to guests.

The Chinese hospitality sector has seen a structural shift toward lifestyle brands that combine standardized service with localized design and integrated e-commerce. This hybrid model allows operators to diversify income streams beyond traditional room rates. For a deeper look at these diversified revenue metrics, consider exploring the data available on ValueRay.

Incorporated in 2012, the company also manages travel agency services to support its core hospitality operations. Its portfolio is designed to capture the growing demand for premium experiences among Chinas expanding middle-class demographic.

Headlines to Watch Out For
  • Rapid expansion of franchised hotel network accelerates recurring management fee revenue
  • High-margin retail product sales drive diversification beyond traditional hospitality services
  • Chinese middle-class consumer spending patterns dictate occupancy and room rate growth
  • Increasing labor and property costs pressure operational margins in tier-one cities
  • Shift toward upper-midscale hotel demand improves revenue per available room metrics
Piotroski VR‑10 (Strict) 9.0
Net Income: 1.83b TTM > 0 and > 6% of Revenue
FCF/TA: 0.26 > 0.02 and ΔFCF/TA 6.32 > 1.0
NWC/Revenue: 35.27% < 20% (prev 41.91%; Δ -6.64% < -1%)
CFO/TA 0.26 > 3% & CFO 2.27b > Net Income 1.83b
Net Debt (-4.37b) to EBITDA (2.46b): -1.78 < 3
Current Ratio: 2.17 > 1.5 & < 3
Outstanding Shares: last quarter (138.6m) vs 12m ago -0.70% < -2%
Gross Margin: 43.51% > 18% (prev 0.42%; Δ 4.31k% > 0.5%)
Asset Turnover: 128.9% > 50% (prev 97.28%; Δ 31.66% > 0%)
Interest Coverage Ratio: 453.2 > 6 (EBITDA TTM 2.46b / Interest Expense TTM 5.31m)
Altman Z'' 6.38
A: 0.44 (Total Current Assets 6.96b - Total Current Liabilities 3.21b) / Total Assets 8.60b
B: 0.31 (Retained Earnings 2.65b / Total Assets 8.60b)
C: 0.29 (EBIT TTM 2.41b / Avg Total Assets 8.26b)
D: 0.53 (Book Value of Equity 2.61b / Total Liabilities 4.93b)
Altman-Z'' Score: 6.38 = AAA
Beneish M -2.73
DSRI: 1.14 (Receivables 553.1m/351.7m, Revenue 10.65b/7.70b)
GMI: 0.98 (GM 43.51% / 42.45%)
AQI: 0.97 (AQ_t 0.05 / AQ_t-1 0.06)
SGI: 1.38 (Revenue 10.65b / 7.70b)
TATA: -0.05 (NI 1.83b - CFO 2.27b) / TA 8.60b)
Beneish M-Score: -2.73 (Cap -4..+1) = A
What is the price of ATAT shares? As of May 20, 2026, the stock is trading at USD 36.43 with a total of 835,321 shares traded.
Over the past week, the price has changed by -5.03%, over one month by -2.20%, over three months by -5.62% and over the past year by +21.54%.
Is ATAT a buy, sell or hold? 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
What are the forecasts/targets for the ATAT price?
Analysts Target Price 50.7 39.1%
Atour Lifestyle Holdings (ATAT) - Fundamental Data Overview as of 19 May 2026
Market Cap CNY = 35.99b (5.29b USD * 6.8092 USD.CNY)
P/E Trailing = 19.7165
P/E Forward = 20.0401
P/S = 0.4942
P/B = 9.8172
Revenue TTM = 10.65b CNY
EBIT TTM = 2.41b CNY
EBITDA TTM = 2.46b CNY
Long Term Debt = 2.00m CNY (from longTermDebt, last fiscal year)
Short Term Debt = 497.5m CNY (from shortTermDebt, last quarter)
Debt = 1.36b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -4.37b CNY (recalculated: Debt 1.36b - CCE 5.74b)
Enterprise Value = 31.62b CNY (35.99b + Debt 1.36b - CCE 5.74b)
Interest Coverage Ratio = 453.2 (Ebit TTM 2.41b / Interest Expense TTM 5.31m)
EV/FCF = 14.39x (Enterprise Value 31.62b / FCF TTM 2.20b)
FCF Yield = 6.95% (FCF TTM 2.20b / Enterprise Value 31.62b)
FCF Margin = 20.63% (FCF TTM 2.20b / Revenue TTM 10.65b)
Net Margin = 17.23% (Net Income TTM 1.83b / Revenue TTM 10.65b)
Gross Margin = 43.51% ((Revenue TTM 10.65b - Cost of Revenue TTM 6.02b) / Revenue TTM)
Gross Margin QoQ = 41.38% (prev 43.96%)
Tobins Q-Ratio = 3.68 (Enterprise Value 31.62b / Total Assets 8.60b)
Interest Expense / Debt = 0.13% (Interest Expense 1.71m / Debt 1.36b)
Taxrate = 32.06% (217.4m / 678.1m)
NOPAT = 1.64b (EBIT 2.41b * (1 - 32.06%))
Current Ratio = 2.17 (Total Current Assets 6.96b / Total Current Liabilities 3.21b)
Debt / Equity = 0.37 (Debt 1.36b / totalStockholderEquity, last quarter 3.68b)
Debt / EBITDA = -1.78 (Net Debt -4.37b / EBITDA 2.46b)
Debt / FCF = -1.99 (Net Debt -4.37b / FCF TTM 2.20b)
Total Stockholder Equity = 3.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 22.21% (Net Income 1.83b / Total Assets 8.60b)
RoE = 51.42% (Net Income TTM 1.83b / Total Stockholder Equity 3.57b)
RoCE = 67.45% (EBIT 2.41b / Capital Employed (Equity 3.57b + L.T.Debt 2.00m))
RoIC = 44.71% (NOPAT 1.64b / Invested Capital 3.66b)
WACC = 9.23% (E(35.99b)/V(37.36b) * Re(9.58%) + D(1.36b)/V(37.36b) * Rd(0.13%) * (1-Tc(0.32)))
Discount Rate = 9.58% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 35.96 | Cagr: -0.03%
[DCF] Terminal Value 77.37% ; FCFF base≈1.93b ; Y1≈2.33b ; Y5≈3.80b
[DCF] Fair Price = 507.6 (EV 52.22b - Net Debt -4.37b = Equity 56.59b / Shares 111.5m; r=9.23% [WACC]; 5y FCF grow 22.40% → 3.0% )
EPS Correlation: 69.89 | EPS CAGR: 88.96% | SUE: 0.53 | # QB: 0
Revenue Correlation: 95.41 | Revenue CAGR: 56.47% | SUE: 0.16 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.67 | Chg30d=-7.63% | Revisions=-20% | Analysts=2
EPS next Quarter (2026-09-30): EPS=4.24 | Chg30d=+8.93% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=15.23 | Chg30d=+2.43% | Revisions=+33% | GrowthEPS=+21.4% | GrowthRev=+27.6%
EPS next Year (2027-12-31): EPS=18.36 | Chg30d=+2.51% | Revisions=+33% | GrowthEPS=+20.6% | GrowthRev=+18.7%
[Analyst] Revisions Ratio: +33%