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Autohome

NYSE:ATHM
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ATHM
NYSE
$8B
Market Cap
  1. Home
  2. US
  3. Media
Company description

Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. The last earnings update was 36 days ago. More info.


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  • Autohome has significant price volatility in the past 3 months.
ATHM Share Price and Events
7 Day Returns
6.4%
NYSE:ATHM
2.5%
US Interactive Media and Services
0.7%
US Market
1 Year Returns
-23.5%
NYSE:ATHM
25.7%
US Interactive Media and Services
18.2%
US Market
ATHM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Autohome (ATHM) 6.4% -6.7% -28.9% -23.5% 162.2% 90.9%
US Interactive Media and Services 2.5% 2.8% 6.9% 25.7% 54.5% 122.4%
US Market 0.7% 1.5% 5% 18.2% 35.8% 52.7%
1 Year Return vs Industry and Market
  • ATHM underperformed the Interactive Media and Services industry which returned 25.7% over the past year.
  • ATHM underperformed the Market in United States of America which returned 18.2% over the past year.
Price Volatility
ATHM
Industry
5yr Volatility vs Market
Related Companies

ATHM Value

 Is Autohome undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Autohome to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Autohome.

NYSE:ATHM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:ATHM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 6.3%
Interactive Media and Services Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.042 (1 + (1- 25%) (0.19%))
1.029
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (1.029 * 6.33%)
8.26%

Discounted Cash Flow Calculation for NYSE:ATHM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Autohome is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NYSE:ATHM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 8.26%)
2020 3,686.64 Analyst x7 3,405.50
2021 4,044.01 Analyst x6 3,450.75
2022 4,318.92 Analyst x2 3,404.30
2023 4,371.75 Analyst x1 3,183.16
2024 4,428.83 Est @ 1.31% 2,978.81
2025 4,492.42 Est @ 1.44% 2,791.17
2026 4,561.02 Est @ 1.53% 2,617.69
2027 4,633.59 Est @ 1.59% 2,456.54
2028 4,709.38 Est @ 1.64% 2,306.33
2029 4,787.88 Est @ 1.67% 2,165.97
Present value of next 10 years cash flows CN¥28,760.00
NYSE:ATHM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥4,787.88 × (1 + 1.74%) ÷ (8.26% – 1.74%)
CN¥74,765.59
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥74,765.59 ÷ (1 + 8.26%)10
CN¥33,822.89
NYSE:ATHM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥28,760.00 + CN¥33,822.89
CN¥62,582.89
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥62,582.89 / 118.38
CN¥528.64
NYSE:ATHM Discount to Share Price
Calculation Result
Exchange Rate CNY/USD
(Reporting currency to currency of NYSE:ATHM)
0.142
Value per Share
(USD)
= Value per Share in CNY x Exchange Rate (CNY/USD)
= CN¥528.64 x 0.142
$75.15
Value per share (USD) From above. $75.15
Current discount Discount to share price of $70.01
= -1 x ($70.01 - $75.15) / $75.15
6.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Autohome is available for.
Intrinsic value
7%
Share price is $70.01 vs Future cash flow value of $75.15
Current Discount Checks
For Autohome to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Autohome's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Autohome's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Autohome's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Autohome's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:ATHM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥26.25
NYSE:ATHM Share Price ** NYSE (2019-12-10) in USD $70.01
NYSE:ATHM Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.034 CN¥492.48
United States of America Interactive Media and Services Industry PE Ratio Median Figure of 26 Publicly-Listed Interactive Media and Services Companies 23.53x
United States of America Market PE Ratio Median Figure of 2,924 Publicly-Listed Companies 18.5x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Autohome.

NYSE:ATHM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:ATHM Share Price ÷ EPS (both in CNY)

= 492.48 ÷ 26.25

18.76x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Autohome is good value based on earnings compared to the US Interactive Media and Services industry average.
  • Autohome is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Autohome's expected growth come at a high price?
Raw Data
NYSE:ATHM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.76x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
13.2%per year
United States of America Interactive Media and Services Industry PEG Ratio Median Figure of 23 Publicly-Listed Interactive Media and Services Companies 1.39x
United States of America Market PEG Ratio Median Figure of 2,046 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

NYSE:ATHM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 18.76x ÷ 13.2%

1.43x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Autohome is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Autohome's assets?
Raw Data
NYSE:ATHM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥113.64
NYSE:ATHM Share Price * NYSE (2019-12-10) in USD $70.01
NYSE:ATHM Share Price converted to CNY reporting currency Exchange rate (USD/ CNY) 7.034 CN¥492.48
United States of America Interactive Media and Services Industry PB Ratio Median Figure of 61 Publicly-Listed Interactive Media and Services Companies 2.78x
United States of America Market PB Ratio Median Figure of 5,089 Publicly-Listed Companies 1.78x
NYSE:ATHM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:ATHM Share Price ÷ Book Value per Share (both in CNY)

= 492.48 ÷ 113.64

4.33x

* Primary Listing of Autohome.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Autohome is overvalued based on assets compared to the US Interactive Media and Services industry average.
X
Value checks
We assess Autohome's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Interactive Media and Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Interactive Media and Services industry average (and greater than 0)? (1 check)
  5. Autohome has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ATHM Future Performance

 How is Autohome expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Autohome expected to grow at an attractive rate?
  • Autohome's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Autohome's earnings growth is positive but not above the United States of America market average.
  • Autohome's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:ATHM Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:ATHM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 13.2%
NYSE:ATHM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 10.7%
United States of America Interactive Media and Services Industry Earnings Growth Rate Market Cap Weighted Average 17.8%
United States of America Interactive Media and Services Industry Revenue Growth Rate Market Cap Weighted Average 15.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:ATHM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:ATHM Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 12,236 4,587 1
2022-12-31 11,637 4,269 4,185 2
2021-12-31 10,793 4,429 4,042 12
2020-12-31 9,464 3,947 3,415 15
2019-12-31 8,445 3,623 3,005 13
2019-12-11
NYSE:ATHM Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 8,279 3,107
2019-06-30 7,997 3,145
2019-03-31 7,557 3,035
2018-12-31 7,233 3,111 2,871
2018-09-30 6,797 2,586
2018-06-30 6,457 2,331
2018-03-31 6,150 2,157
2017-12-31 6,210 2,464 2,002
2017-09-30 6,474 1,648
2017-06-30 6,400 1,483
2017-03-31 6,217 1,311
2016-12-31 5,962 1,574 1,228

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Autohome's earnings are expected to grow by 13.2% yearly, however this is not considered high growth (20% yearly).
  • Autohome's revenue is expected to grow by 10.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:ATHM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Autohome Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ATHM Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 33.70 39.24 29.11 7.00
2020-12-31 28.39 31.89 24.75 12.00
2019-12-31 25.24 25.73 24.11 10.00
2019-12-11
NYSE:ATHM Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 26.25
2019-06-30 26.62
2019-03-31 25.74
2018-12-31 24.40
2018-09-30 22.02
2018-06-30 19.89
2018-03-31 18.46
2017-12-31 17.20
2017-09-30 14.22
2017-06-30 12.85
2017-03-31 11.42
2016-12-31 10.75

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Autohome is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Autohome's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Autohome has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ATHM Past Performance

  How has Autohome performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Autohome's growth in the last year to its industry (Interactive Media and Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Autohome has delivered over 20% year on year earnings growth in the past 5 years.
  • Autohome's 1-year earnings growth is less than its 5-year average (20.1% vs 31.9%)
  • Autohome's earnings growth has exceeded the US Interactive Media and Services industry average in the past year (20.1% vs 15.9%).
Earnings and Revenue History
Autohome's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Autohome Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:ATHM Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 8,278.87 3,107.17 3,454.60 1,286.94
2019-06-30 7,997.10 3,144.79 3,166.95 1,222.51
2019-03-31 7,557.03 3,034.54 2,866.65 1,175.03
2018-12-31 7,233.15 2,871.02 2,750.08 1,135.25
2018-09-30 6,796.81 2,586.13 2,473.13 1,105.39
2018-06-30 6,456.79 2,330.89 2,206.12 1,015.58
2018-03-31 6,149.87 2,156.99 2,023.67 917.84
2017-12-31 6,210.18 2,001.62 1,929.47 878.77
2017-09-30 6,473.61 1,647.72 1,981.04 780.25
2017-06-30 6,400.11 1,482.56 1,917.62 721.75
2017-03-31 6,216.52 1,310.68 1,809.30 645.59
2016-12-31 5,961.62 1,227.91 1,843.73 571.35
2016-09-30 5,028.23 1,140.43 1,627.87 484.92
2016-06-30 4,451.90 1,110.66 1,560.97 409.75
2016-03-31 3,934.53 1,069.75 1,462.14 331.39
2015-12-31 3,463.98 990.65 1,321.14 273.91
2015-09-30 3,121.62 951.19 1,187.66 244.51
2015-06-30 2,768.10 890.95 1,013.10 212.65
2015-03-31 2,413.87 792.32 853.04 187.05
2014-12-31 2,132.95 748.68 688.82 158.40
2014-09-30 1,779.83 621.80 550.54 130.23
2014-06-30 1,566.00 587.12 419.47 110.61
2014-03-31 1,354.18 503.07 368.76 95.12
2013-12-31 1,216.55 456.16 327.76 81.65
2013-09-30 1,052.31 376.80 281.44 71.59
2013-06-30 928.40 308.40 263.96 63.65
2013-03-31 785.16 237.02 228.42 51.31
2012-12-31 732.52 212.88 212.95 42.87

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Autohome has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Autohome used its assets more efficiently than the US Interactive Media and Services industry average last year based on Return on Assets.
  • Autohome has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Autohome's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Interactive Media and Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Autohome has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ATHM Health

 How is Autohome's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Autohome's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Autohome is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Autohome's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Autohome's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Autohome has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Autohome Company Filings, last reported 2 months ago.

NYSE:ATHM Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 13,469.82 0.00 11,177.58
2019-06-30 12,711.05 0.00 10,831.26
2019-03-31 11,829.76 0.00 10,476.38
2018-12-31 11,111.44 0.00 10,061.46
2018-09-30 10,025.80 0.00 8,345.85
2018-06-30 9,229.40 0.00 7,685.01
2018-03-31 8,435.42 0.00 7,963.62
2017-12-31 7,935.29 0.00 8,154.22
2017-09-30 7,770.08 0.00 6,884.24
2017-06-30 7,264.81 0.00 6,286.82
2017-03-31 6,713.91 0.00 6,189.86
2016-12-31 6,351.21 0.00 5,724.00
2016-09-30 5,869.05 0.00 4,208.10
2016-06-30 5,578.84 0.00 3,818.85
2016-03-31 5,140.72 0.00 4,244.53
2015-12-31 4,851.04 0.00 4,107.96
2015-09-30 4,508.05 0.00 3,499.28
2015-06-30 4,212.18 0.00 3,214.50
2015-03-31 3,877.46 0.00 3,059.17
2014-12-31 3,665.42 0.00 2,772.19
2014-09-30 2,794.74 0.00 1,710.14
2014-06-30 2,589.60 0.03 1,571.16
2014-03-31 2,354.42 0.15 1,403.35
2013-12-31 2,212.36 2.36 1,138.61
2013-09-30 1,688.20 1.59 437.44
2013-06-30 1,547.82 0.80 369.58
2013-03-31 1,557.98 0.00 420.58
2012-12-31 1,557.98 0.00 420.58
  • Autohome has no debt.
  • Autohome currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Autohome has no debt, it does not need to be covered by operating cash flow.
  • Autohome has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Autohome's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Autohome has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ATHM Dividends

 What is Autohome's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Autohome dividends. Estimated to be 0% next year.
If you bought $2,000 of Autohome shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Autohome's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Autohome's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:ATHM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
Global Interactive Media and Services Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 0.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1960 Stocks 2.3%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:ATHM Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.00 4.00
2020-12-31 0.00 5.00
2019-12-31 0.00 5.00
2019-12-11

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Autohome has not reported any payouts.
  • Unable to verify if Autohome's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Autohome's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Autohome has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Autohome's dividends in 3 years as they are not expected to pay a notable one for United States of America.
X
Income/ dividend checks
We assess Autohome's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Autohome afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Autohome has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ATHM Management

 What is the CEO of Autohome's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Min Lu
AGE 58
TENURE AS CEO 3.5 years
CEO Bio

Mr. Min Lu serves as Chief Information Officer of Ping An Insurance (Group) Company of China Ltd. He has been the Chairman and Chief Executive Officer at Autohome Inc. since June 25, 2016. Mr. Lu serves as chief of the strategy center of Ping an Insurance (Group) Company of China, Ltd., as well as a standing member of the executive committee of Ping an Group. Mr. Lu also served as Deputy General Manager of Ping An Life Insurance Company of China, Ltd. and General Manager of the bank assurance business unit of Ping an Life. From 2009 to 2014, Mr. Lu served as Chairman and Chief Executive Officer of Ping An Health Insurance Company of China, Ltd. He also served as chairman of YHD, one of the largest online retailers in China, from 2010 to 2012. Mr. Lu received his MBA degree from The University of Dundee (UK).

CEO Compensation
  • Insufficient data for Min to compare compensation growth.
  • Insufficient data for Min to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Autohome management team in years:

0.1
Average Tenure
48
Average Age
  • The average tenure for the Autohome management team is less than 2 years, this suggests a new team.
Management Team

Min Lu

TITLE
Chairman & CEO
AGE
58
TENURE
3.5 yrs

Haifeng Shao

TITLE
Co-President
AGE
47
TENURE
0.1 yrs

Jingyu Zhang

TITLE
Co-President
TENURE
0.1 yrs

Jun Zou

TITLE
Chief Financial Officer
AGE
48
TENURE
2.3 yrs

Xiao Wang

TITLE
Chief Technology Officer
TENURE
0.1 yrs

Anita Chen

TITLE
Head of Investor Relations
Board of Directors Tenure

Average tenure and age of the Autohome board of directors in years:

3.5
Average Tenure
54
Average Age
  • The tenure for the Autohome board of directors is about average.
Board of Directors

Robert Pu

TITLE
Independent Director
AGE
50
TENURE
3 yrs

Min Lu

TITLE
Chairman & CEO
AGE
58
TENURE
3.5 yrs

Junling Liu

TITLE
Independent Director
AGE
54
TENURE
4.9 yrs

Han Qiu

TITLE
Director
AGE
44
TENURE
3.5 yrs

Dazong Wang

TITLE
Independent Director
AGE
65
TENURE
3 yrs

Zheng Liu

TITLE
Director
AGE
50
TENURE
2 yrs

Dong Liu

TITLE
Director
AGE
55
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Autohome's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Autohome has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ATHM News

Simply Wall St News

Can Autohome Inc. (NYSE:ATHM) Save Your Portfolio?

So, large-cap stocks are a safe bet to buy more of when the stock market is selling off. … Next Steps: Whether you're convinced or not, the key takeaway here is that every stock gets hit in a bear market, but not every stock deserves the blow. … Autohome tick the boxes in terms of its scale, financial health and proven track record, but there are a few other things I have yet to consider.

Simply Wall St -

Is Autohome's (NYSE:ATHM) 187% Share Price Increase Well Justified?

One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Autohome hasn't been paying dividends, but its TSR of 190% exceeds its share price return of 187%, implying it has either spun-off a business, or raised capital at a discount; thereby providing additional value to shareholders. … A Different Perspective Autohome shareholders are down 7.8% for the year, but the market itself is up 3.1%.

Simply Wall St -

Have Investors Priced In Autohome Inc.'s (NYSE:ATHM) Growth?

Autohome is available at price-to-earnings ratio of 22.73x, showing us it is undervalued based on its latest annual earnings update compared to the Interactive Media and Services average of 27.9x , and overvalued compared to the US market average ratio of 17.99x. … A PE ratio of 22.73x and expected year-on-year earnings growth of 16% give Autohome a higher PEG ratio of 1.41x. … Based on this growth, Autohome's stock can be considered slightly overvalued , based on fundamental analysis.

Simply Wall St -

Should You Think About Buying Autohome Inc. (NYSE:ATHM) Now?

Let’s take a look at Autohome’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change. … However, given that Autohome’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. … Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy ATHM.

Simply Wall St -

What Are Analysts Saying About Autohome Inc.'s (NYSE:ATHM) Growth?

Looking at Autohome Inc.'s (NYSE:ATHM) earnings update in March 2019, analysts seem cautiously optimistic, with profits predicted to increase by 24% next year, though this is evidently lower than the previous 5-year average earnings growth of 33%. … To understand the overall trajectory of ATHM's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope. … NYSE:ATHM Past and Future Earnings, June 15th 2019 This results in an annual growth rate of 18% based on the most recent earnings level of CN¥2.9b to the final forecast of CN¥5.1b by 2022.

Simply Wall St -

Is Autohome Inc.’s (NYSE:ATHM) 24% ROCE Any Good?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Autohome: 0.24 = CN¥3.0b ÷ (CN¥16b - CN¥4.1b) (Based on the trailing twelve months to March 2019.) Therefore, Autohome has an ROCE of 24%. … Due to the way ROCE is calculated, a high level of current liabilities makes a company look as though it has less capital employed, and thus can (sometimes unfairly) boost the ROCE. … Our Take On Autohome's ROCE With low current liabilities and a high ROCE, Autohome could be worthy of further investigation.

Simply Wall St -

With 41% Earnings Growth, Did Autohome Inc. (NYSE:ATHM) Outperform The Industry?

(NYSE:ATHM) released its most recent earnings update (31 March 2019), I wanted to understand how these figures stacked up against its past performance. … View our latest analysis for Autohome Did ATHM beat its long-term earnings growth trend and its industry? … I recommend you continue to research Autohome to get a more holistic view of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for ATHM’s future growth?

Simply Wall St -

Is There An Opportunity With Autohome Inc.'s (NYSE:ATHM) 24% Undervaluation?

We assume companies with shrinking free cash flow are will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. … Generally we assume that a dollar today is more valuable than a dollar in the future, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) estimate 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF (CN¥, Millions) CN¥3.67k CN¥4.68k CN¥5.43k CN¥6.36k CN¥7.12k CN¥7.77k CN¥8.33k CN¥8.82k CN¥9.25k CN¥9.64k Growth Rate Estimate Source Analyst x1 Analyst x3 Analyst x3 Analyst x1 Est @ 11.86% Est @ 9.12% Est @ 7.2% Est @ 5.86% Est @ 4.92% Est @ 4.26% Present Value (CN¥, Millions) Discounted @ 8.79% CN¥3.37k CN¥3.96k CN¥4.22k CN¥4.54k CN¥4.67k CN¥4.69k CN¥4.62k CN¥4.49k CN¥4.33k CN¥4.15k Present Value of 10-year Cash Flow (PVCF)= CN¥43.04b "Est" = FCF growth rate estimated by Simply Wall St The second stage is also known as Terminal Value, this is the business's cash flow after the first stage. … In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 8.8%.

Simply Wall St -

Autohome Inc. (NYSE:ATHM): Immense Growth Potential?

Want to participate in a short research study? … Help shape the future of investing tools and you could win a $250 gift card! … Autohome Inc.'s (NYSE:ATHM) latest earnings update in December 2018a

Simply Wall St -

Has Autohome Inc. (NYSE:ATHM) Got Enough Cash?

Investors looking for stocks with high market liquidity and zero debt on the balance sheet should consider Autohome Inc. … With a market valuation of US$13b, ATHM is a safe haven in times of market uncertainty due to its strong balance sheet. … Today I will analyse the latest financial data for ATHM to determine is solvency and liquidity and whether the stock is a sound investment.

Simply Wall St -

ATHM Company Info

Description

Autohome Inc. operates as an online destination for automobile consumers in the People’s Republic of China. The company, through its Websites, autohome.com.cn and che168.com, delivers comprehensive, independent, and interactive content to automobile buyers and owners, including company generated content, such as automobile-related articles and reviews, pricing trends in various local markets, photographs, video clips, and live streaming; automobile library, which comprises a range of specifications covering performance levels, dimensions, powertrains, vehicle bodies, interiors, safety, entertainment systems, and other features, as well as manufacturers’ suggested retail prices; new and used automobile listings, and promotional information; and user generated content and forums. It also offers advertising services for automakers and dealers; dealer subscription services that allow dealers to market their inventory and services through its Websites and mobile applications; and used automobile listings services, which allow used automobile dealers and individuals to market their automobiles for sale on its Websites. In addition, Autohome Inc. operates Autohome Mall, an online transaction platform that facilitates direct vehicle sales and commission-based services; provides iOS- and Android-based applications to allow its users to access its content; and offers technical support and management consulting services. The company was formerly known as Sequel Limited and changed its name to Autohome Inc. in October 2011. Autohome Inc. was founded in 2008 and is headquartered in Beijing, the People’s Republic of China. Autohome Inc. is a subsidiary of Yun Chen Capital Cayman.

Details
Name: Autohome Inc.
ATHM
Exchange: NYSE
Founded: 2008
$8,288,113,407
118,384,708
Website: http://www.autohome.com.cn
Address: Autohome Inc.
CEC Plaza, Tower B,
10th Floor,
Beijing,
100080,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE ATHM ADS EACH REPR 1 CL 'A' ORD USD0.01 New York Stock Exchange US USD 11. Dec 2013
BMV ATHM N ADS EACH REPR 1 CL 'A' ORD USD0.01 Bolsa Mexicana de Valores MX MXN 11. Dec 2013
Number of employees
Current staff
Staff numbers
4,168
Autohome employees.
Industry
Interactive Media and Services
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/11 00:42
End of day share price update: 2019/12/10 00:00
Last estimates confirmation: 2019/12/04
Last earnings filing: 2019/11/05
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.