Atour Lifestyle Holdings (ATAT) AI Stock Analysis

• Market Cap: $5.91B
• Dividend Yield: 1.75%
• Average Volume (3M): 1.37M
• Price to Earnings (P/E): 29.3
• Beta (1Y): 0.45
• Revenue Growth: 36.17%
• EPS Growth: 25.41%
• Country: US
• Employees: 5,488
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Lodging
• EPS (TTM): 0.49
• Shares Outstanding: 113,625,650
• 10 Day Avg. Volume: 1,701,482
• 30 Day Avg. Volume: 1,372,666
• PEG Ratio: 0.29
• Price to Book (P/B): 9.15
• Price to Sales (P/S): 3.73
• P/FCF Ratio: 16.21
• Enterprise Value/Market Cap: 0.79
• Enterprise Value/Revenue: 0.52
• Enterprise Value/Gross Profit: 1.18
• Enterprise Value/Ebitda: 2.17
• 1Y Price Target: $46.46
• Price Target Upside: 8.65% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 5
• EPS Forecast (FY): 1.67
• Revenue Forecast (FY): $1.38B

• Rating: 75 Outperform
• Price Target: $45.00 ▲(5.24% Upside)

Atour Lifestyle Holdings' strong financial performance and positive earnings call guidance are the most significant factors contributing to the score. The technical analysis shows a positive trend, while the valuation indicates fair pricing. Despite some concerns about revenue declines in specific segments, the overall outlook remains positive.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective business expansion and increased market penetration, supporting long-term financial health.

Hotel Expansion

The significant increase in hotel openings enhances market presence and potential revenue streams, bolstering competitive advantage.

Retail Business Growth

Robust growth in retail underscores diversification and resilience, contributing to overall revenue stability and future growth potential.

Negative Factors

Decline in Leased Hotel Revenues

A decline in leased hotel revenues could indicate challenges in optimizing product mix, potentially affecting overall profitability.

Increased Expenses

Rising expenses for brand and channel development may pressure margins, impacting short-term profitability and cash flow.

Board Changes

Leadership changes can lead to strategic shifts, potentially affecting company direction and operational consistency in the long term.

Atour Lifestyle Holdings Business Overview & Revenue Model

Company Description

Atour Lifestyle Holdings Limited, through its subsidiaries, operates a chain of hotels in China. The company operates a series of themed hotels, including music hotels, basketball hotels, and literary hotels catering to the various lifestyles across different age groups with varied interests. As of March 31, 2021, its hotel network covered 608 hotels spanning 131 cities in China, with a total of 71,121 hotel rooms, including 575 manachised hotels with a total of 66,267 manachised hotel rooms, as well as a pipeline of 299 hotels with a total of 32,825 rooms under development. The company also provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products. Atour Lifestyle Holdings Limited was incorporated in 2012 and is headquartered in Shanghai, China.

How the Company Makes Money

Atour Lifestyle Holdings generates revenue primarily through its hotel operations, which include room bookings, food and beverage services, and ancillary services such as meeting and event spaces. The company earns money from direct sales to consumers as well as through partnerships with online travel agencies (OTAs) and corporate clients. Additionally, Atour capitalizes on brand loyalty through membership programs, which encourage repeat business and enhance customer retention. The company also explores opportunities in franchising its hotel brands, allowing it to expand its footprint while earning franchise fees and royalties from third-party operators.

Atour Lifestyle Holdings Financial Statement Overview

Summary

Atour Lifestyle Holdings demonstrates strong financial performance with robust revenue growth, healthy margins, and efficient operations. The balance sheet is solid with manageable debt levels, and cash flow is strong, supporting financial stability.

Income Statement

Atour Lifestyle Holdings shows strong revenue growth with an 8.59% increase in the TTM period. The company maintains healthy margins, with a gross profit margin of 44.11% and a net profit margin of 16.19%. EBIT and EBITDA margins are also robust at 23.19% and 23.35% respectively, indicating efficient operations and profitability. The consistent improvement in revenue and margins over the years highlights a positive growth trajectory.

Balance Sheet

The balance sheet reflects a solid financial position with a debt-to-equity ratio of 0.44, indicating manageable leverage. The return on equity is impressive at 44.42%, showcasing effective use of equity to generate profits. The equity ratio stands at 41.33%, suggesting a stable capital structure. However, the company should monitor its debt levels to maintain financial flexibility.

Cash Flow

Cash flow analysis reveals strong free cash flow growth of 11.46% in the TTM period, supporting the company's ability to fund operations and investments. The operating cash flow to net income ratio is 1.34, indicating efficient cash generation relative to earnings. The free cash flow to net income ratio of 0.96 further underscores the company's solid cash flow position, enhancing its financial stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.10B	7.25B	4.67B	2.30B	2.12B	1.48B
Gross Profit	3.97B	3.01B	1.84B	694.98M	557.36M	319.27M
EBITDA	2.16B	1.79B	1.07B	280.64M	301.94M	153.02M
Net Income	1.47B	1.28B	737.04M	99.82M	143.18M	39.76M
Balance Sheet
Total Assets	8.95B	7.88B	6.59B	4.76B	2.25B	1.99B
Cash, Cash Equivalents and Short-Term Investments	5.74B	4.88B	3.59B	1.75B	1.04B	830.23M
Total Debt	1.64B	1.73B	1.95B	2.30B	109.44M	121.43M
Total Liabilities	5.26B	4.93B	4.53B	3.57B	1.68B	1.42B
Stockholders Equity	3.70B	2.96B	2.07B	1.20B	579.43M	575.22M
Cash Flow
Free Cash Flow	1.90B	1.67B	1.95B	244.45M	351.91M	4.70M
Operating Cash Flow	1.97B	1.73B	1.99B	283.68M	417.88M	118.67M
Investing Cash Flow	-1.52B	-520.55M	-600.52M	-192.22M	-42.23M	-105.53M
Financing Cash Flow	-505.24M	-426.60M	-146.92M	456.31M	-161.08M	48.01M

Atour Lifestyle Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 42.76
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATAT, the sentiment is Positive. The current price of 42.76 is above the 20-day moving average (MA) of 39.68, above the 50-day MA of 38.54, and above the 200-day MA of 33.50, indicating a bullish trend. The MACD of 1.08 indicates Negative momentum. The RSI at 63.17 is Neutral, neither overbought nor oversold. The STOCH value of 73.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ATAT.

Atour Lifestyle Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ATAT	75 Outperform	$5.91B	29.30	45.85%	1.75%	36.17%	25.41%
HTHT	74 Outperform	$14.50B	27.78	32.28%	3.67%	5.70%	9.53%
WH	67 Neutral	$5.80B	17.67	57.98%	2.14%	3.38%	38.04%
CHH	63 Neutral	$4.22B	11.20	1418.13%	1.32%	2.76%	56.02%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
GHG	61 Neutral	$203.05M	12.76	―	2.97%	―	―
SHCO	44 Neutral	$1.75B	―	―	―	8.09%	43.02%

Atour Lifestyle Holdings Corporate Events

Atour Lifestyle Holdings Reports Strong Q3 2025 Financial Results

Atour Lifestyle Holdings Limited reported a significant increase in its financial performance for the third quarter of 2025, with net revenues rising by 38.4% year-over-year to RMB2,628 million. The growth was driven by the expansion of its manachised hotel network and a robust retail business, which saw a 75.5% increase in GMV. The company operated 1,948 hotels as of September 30, 2025, and continues to focus on strategic goals and enhancing customer experiences, including the launch of the ‘Atour Planet Deep Sleep Standard’.

Atour Lifestyle Holdings to Announce Q3 2025 Financial Results

Atour Lifestyle Holdings Limited announced that it will release its unaudited financial results for the third quarter of 2025 on November 25, 2025, before the U.S. markets open. The company will also host a conference call on the same day to discuss the results, providing stakeholders with insights into its financial performance and strategic direction.

Atour Lifestyle Holdings Announces Board Changes

On November 10, 2025, Atour Lifestyle Holdings Limited announced changes to its board of directors. Mr. Cong Lin resigned from his roles as a director and committee member due to personal reasons, and Mr. Yingchun Song was appointed as his successor. Mr. Song, who has extensive experience in the retail chain industry and holds senior positions in business associations, is expected to bring valuable expertise to Atour’s board. This change is part of Atour’s ongoing efforts to strengthen its leadership and continue its growth in the hospitality sector.