(ATAT) Atour Lifestyle Holdings - NASDAQ
Sector: Consumer Cyclical | Industry: Lodging | Exchange: NASDAQ (USA) | Market Cap: 4.419m USD | Total Return: 8% in 12m
Avg Turnover: 34.3M
EPS Trend: 94.8%
Qual. Beats: 0
Rev. Trend: 98.2%
Qual. Beats: 0
Warnings
Volatile Below Avwap Earnings
Tailwinds
No distinct edge detected
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: 1.84b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.26 > 0.02 and ΔFCF/TA 6.34 > 1.0 |
| NWC/Revenue: 35.12% < 20% (prev 42.00%; Δ -6.88% < -1%) |
| CFO/TA 0.26 > 3% & CFO 2.27b > Net Income 1.84b |
| Net Debt (-3.24b) to EBITDA (2.73b): -1.19 < 3 |
| Current Ratio: 2.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (138.6m) vs 12m ago -0.70% < -2% |
| Gross Margin: 43.64% > 18% (prev 42.79%; Δ 0.86% > 0.5%) |
| Asset Turnover: 129.5% > 50% (prev 97.08%; Δ 32.43% > 0%) |
| Interest Coverage Ratio: 499.0 > 6 (EBIT TTM 2.67b / Interest Expense TTM 5.36m) |
| 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: 0.32 (EBIT TTM 2.67b / Avg Total Assets 8.26b) |
| D: 0.75 (Book Value of Equity 3.68b / Total Liabilities 4.93b) |
| Altman-Z'' = 6.83 = AAA |
| DSRI: 1.13 (Receivables 553.1m/351.7m, Revenue 10.7b/7.69b) |
| GMI: 0.98 (GM 42.79% / 43.64%) |
| AQI: 0.97 (AQ_t 0.05 / AQ_t-1 0.06) |
| SGI: 1.39 (Revenue 10.7b / 7.69b) |
| TATA: -0.05 (NI 1.84b - CFO 2.27b) / TA 8.60b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of June 24, 2026, the stock is trading at USD 32.79 with a total of 842,609 shares traded. Over the past week, the price has changed by -1.15%, over one month by +1.24%, over three months by -7.29% and over the past year by +8.01%.
Current recommended Stop Loss: 31.00 (which is 5.5% or 1.4 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 | 50.2 | 53% |
Market Cap CNY = 30.0b (4.42b USD * 6.7905 USD.CNY)
P/E Trailing = 16.4
P/E Forward = 20.0401
P/S = 0.4132
P/B = 7.9352
Revenue TTM = 10.7b CNY
EBIT TTM = 2.67b CNY
EBITDA TTM = 2.73b CNY
Long Term Debt = 2.00m CNY (from longTermDebt, last quarter)
Short Term Debt = 497.5m CNY (from shortTermDebt, last quarter)
Debt = 2.49b CNY (from shortLongTermDebtTotal, last quarter) + Leases 1.13b
Net Debt = -3.24b CNY (calculated: Debt 2.49b - CCE 5.74b)
Enterprise Value = 26.8b CNY (30.0b + Debt 2.49b - CCE 5.74b)
Interest Coverage Ratio = 499.0 (Ebit TTM 2.67b / Interest Expense TTM 5.36m)
EV/FCF = 12.18x (Enterprise Value 26.8b / FCF TTM 2.20b)
FCF Yield = 8.21% (FCF TTM 2.20b / Enterprise Value 26.8b)
FCF Margin = 20.54% (FCF TTM 2.20b / Revenue TTM 10.7b)
Net Margin = 17.22% (Net Income TTM 1.84b / Revenue TTM 10.7b)
Gross Margin = 43.64% ((Revenue TTM 10.7b - Cost of Revenue TTM 6.03b) / Revenue TTM)
Gross Margin QoQ = 41.53% (prev 44.10%)
Tobins Q-Ratio = 3.11 (Enterprise Value 26.8b / Total Assets 8.60b)
Interest Expense / Debt = 0.21% (Interest Expense 5.36m / Debt 2.49b)
Taxrate = 30.98% (826.2m / 2.67b)
NOPAT = 1.84b (EBIT 2.67b * (1 - 30.98%))
Current Ratio = 2.17 (Total Current Assets 6.96b / Total Current Liabilities 3.21b)
Debt / Equity = 0.68 (Debt 2.49b / totalStockholderEquity, last quarter 3.68b)
Debt / EBITDA = -1.19 (Net Debt -3.24b / EBITDA 2.73b)
Debt / FCF = -1.48 (Net Debt -3.24b / FCF TTM 2.20b)
Total Stockholder Equity = 3.57b (last 4 quarters mean from totalStockholderEquity)
RoA = 22.30% (Net Income 1.84b / Total Assets 8.60b)
RoE = 51.62% (Net Income TTM 1.84b / Total Stockholder Equity 3.57b)
RoCE = 74.88% (EBIT 2.67b / Capital Employed (Equity 3.57b + L.T.Debt 2.00m))
RoIC = 34.43% (NOPAT 1.84b / Invested Capital 5.36b)
WACC = 8.81% (E(30.0b)/V(32.5b) * Re(9.53%) + D(2.49b)/V(32.5b) * Rd(0.21%) * (1-Tc(0.31)))
Discount Rate = 9.53% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 35.96 | Cagr: -0.03%
[DCF] Terminal Value 76.49% ; FCFF base≈1.93b ; Y1≈2.21b ; Y5≈3.25b
[DCF] Fair Price = 434.9 (EV 45.2b - Net Debt -3.24b = Equity 48.5b / Shares 111.5m; r=8.81% [WACC]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 94.81 | EPS CAGR: 75.61% | SUE: 0.53 | # QB: 0
Revenue Correlation: 98.20 | Revenue CAGR: 51.82% | SUE: 0.20 | # QB: 0
EPS current Quarter (2026-06-30): EPS=3.67 | Chg30d=-7.63% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=4.24 | Chg30d=+8.93% | Revisions=N/A | Analysts=2
EPS current Year (2026-12-31): EPS=15.28 | Chg30d=+0.27% | Revisions=+40% | GrowthEPS=+21.8% | GrowthRev=+27.4%
EPS next Year (2027-12-31): EPS=18.22 | Chg30d=-0.29% | Revisions=+20% | GrowthEPS=+19.3% | GrowthRev=+18.7%
[Analyst] Revisions Ratio: +40%