ATAT Stock Analysis: Atour Lifestyle Holdings | NASDAQ

Lodging | NASDAQ, USA | Market Cap: 4.794m USD | 12M Return: -8.5% | US04965M1062 | Charts, Fundamentals & Technical Analysis

Hospitality, Hotels, Travel Agency, Retail
Total Rating 51
Safety 76
Buy Signal -1.46
Lodging
Industry Rotation: +2.2
Market Cap: 4.79B
Avg Turnover: 34.0M
Risk 3d forecast
Volatility40.1%
VaR 5th Pctl6.90%
VaR vs Median4.46%
Reward TTM
Sharpe Ratio-0.14
Rel. Str. IBD17.8
Rel. Str. Peer Group30.4
Character TTM
Beta0.867
Beta Downside0.836
Hurst Exponent0.414
Drawdowns 3y
Max DD30.96%
CAGR/Max DD0.77
CAGR/Mean DD2.60
EPS (Earnings per Share) EPS (Earnings per Share) of ATAT over the last years for every Quarter: "2021-09": null, "2021-12": null, "2022-03": null, "2022-06": null, "2022-09": 0.3811, "2022-12": 0.63, "2023-03": 0.019, "2023-06": 1.8, "2023-09": 0.63, "2023-12": 1.6, "2024-03": 1.86, "2024-06": 0.79, "2024-09": 0.93, "2024-12": 2.3806, "2025-03": 2.46, "2025-06": 1.01, "2025-09": 1.16, "2025-12": 3.5497, "2026-03": 3.53, "2026-06": 0.59,
EPS CAGR: 39.96%
EPS Trend: 94.0%
Last SUE: 0.02
Qual. Beats: 0
Revenue Revenue of ATAT over the last years for every Quarter: 2021-09: 578.618, 2021-12: 578.618, 2022-03: 452.114, 2022-06: 514.583, 2022-09: 670.113, 2022-12: 773.936, 2023-03: 626.173, 2023-06: 1092.709, 2023-09: 1294.104, 2023-12: 1505.218, 2024-03: 1468.293, 2024-06: 1797.047, 2024-09: 1898.582, 2024-12: 2084.01, 2025-03: 1905.814, 2025-06: 2468.549, 2025-09: 2627.97, 2025-12: 2787.826, 2026-03: 2811.241, 2026-06: 3480.493899,
Rev. CAGR: 46.18%
Rev. Trend: 98.8%
Last SUE: 0.40
Qual. Beats: 0

Warnings

Fakeout
Choppy
Below Avwap Earnings
Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 3.7 years of data

Jan +0.5% 12
Feb +10.4% 46
Mar -9.0% 54
Apr +0.1% 11
May +0.3% 11
Jun +1.6% 14
Jul -0.6% 11
Aug +12.0% 42
Sep +14.5% 0
Oct +0.5% 0
Nov -5.2% 52
Dec -0.0% 11

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.

Description: ATAT Atour Lifestyle Holdings

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.

Headlines to Watch Out For
  • 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
Piotroski VR-10 (Strict) 8.5
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 (-3.30b) to EBITDA (2.84b): -1.16 < 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)
Altman Z'' 6.47
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
Beneish M -2.70
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
What is the price of ATAT shares?

As of September 02, 2026, the stock is trading at USD 34.49 with a total of 715,915 shares traded. Over the past week, the price has changed by -3.25%, over one month by -1.91%, over three months by +0.05% and over the past year by -8.51%.

Current recommended Stop Loss: 32.60 (which is 5.5% or 1.5 ATR below the current price).

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 49.8 44.5%
Atour Lifestyle Holdings (ATAT) - Fundamental Data Overview as of 29 August 2026
Market Cap USD = 4.79b (4.79b USD * 1.0 USD.USD)
Market Cap CNY = 32.2b (4.79b USD * 6.7267 USD.CNY)
P/E Trailing = 16.6779
P/E Forward = 20.0401
P/S = 0.4091
P/B = 9.564
Revenue TTM = 11.7b CNY
EBIT TTM = 2.78b CNY
EBITDA TTM = 2.84b CNY
Long Term Debt = 2.00m CNY (from longTermDebt, last fiscal year)
Short Term Debt = 496.0m CNY (from shortTermDebt, last quarter)
Debt = 2.42b CNY (from shortLongTermDebtTotal, last quarter) + Leases 1.13b
Net Debt = -3.30b CNY (calculated: Debt 2.42b - CCE 5.72b)
Enterprise Value = 28.9b CNY (32.2b + Debt 2.42b - CCE 5.72b)
Interest Coverage Ratio = 455.4 (Ebit TTM 2.78b / Interest Expense TTM 6.11m)
EV/FCF = 12.68x (Enterprise Value 28.9b / FCF TTM 2.28b)
FCF Yield = 7.88% (FCF TTM 2.28b / Enterprise Value 28.9b)
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 = 3.33 (Enterprise Value 28.9b / Total Assets 8.69b)
Interest Expense / Debt = 0.25% (Interest Expense 6.11m / Debt 2.42b)
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 = 0.72 (Debt 2.42b / totalStockholderEquity, last quarter 3.37b)
Debt / EBITDA = -1.16 (Net Debt -3.30b / EBITDA 2.84b)
Debt / FCF = -1.45 (Net Debt -3.30b / 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 = 8.41% (E(32.2b)/V(34.7b) * Re(9.03%) + D(2.42b)/V(34.7b) * Rd(0.25%) * (1-Tc(0.31)))
Discount Rate = 9.03% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -26.80 | Cagr: -0.60%
[DCF] Terminal Value 77.77% ; FCFF base≈2.05b ; Y1≈2.35b ; Y5≈3.46b
[DCF] Fair Price = 491.5 (EV 51.5b - Net Debt -3.30b = Equity 54.8b / Shares 111.5m; r=8.41% [WACC]; 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=3.93 | Chg30d=-7.12% | Revisions=+0% | Analysts=2
EPS current Year (2026-12-31): EPS=15.39 | Chg30d=+0.65% | Revisions=+29% | GrowthEPS=+22.7% | GrowthRev=+31.5%
EPS next Year (2027-12-31): EPS=18.45 | Chg30d=+1.12% | Revisions=+29% | GrowthEPS=+19.9% | GrowthRev=+18.6%
[Analyst] Revisions Ratio: +36% (up=6, down=2)