AutoHome (ATHM) AI Stock Analysis

• Market Cap: $2.78B
• Dividend Yield: 0%
• Average Volume (3M): 289.77K
• Price to Earnings (P/E): 12.9
• Beta (1Y): 0.64
• Revenue Growth: -5.54%
• EPS Growth: -14.30%
• Country: US
• Employees: 4,345
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): 0.51
• Shares Outstanding: 127,346,900
• 10 Day Avg. Volume: 338,943
• 30 Day Avg. Volume: 289,770
• PEG Ratio: -0.27
• Price to Book (P/B): 0.27
• Price to Sales (P/S): 0.91
• P/FCF Ratio: 5.17
• Enterprise Value/Market Cap: 0.04
• Enterprise Value/Revenue: 0.02
• Enterprise Value/Gross Profit: 0.03
• Enterprise Value/Ebitda: 0.10
• 1Y Price Target: $28.50
• Price Target Upside: 26.11% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 3
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: $24.00 ▲(6.19% Upside)

AutoHome's overall stock score reflects a solid financial foundation and attractive valuation, offset by bearish technical indicators and challenges highlighted in the earnings call. The company's strategic focus on AI and O2O offers growth potential, but declining revenue and profitability remain concerns.

Positive Factors

AI and O2O Strategy Advancements

The integration of AI and development of O2O strategies can drive long-term growth by enhancing user engagement and operational efficiency, positioning Autohome as a leader in digital automotive services.

Strong Balance Sheet

A strong balance sheet with substantial cash reserves provides financial stability and flexibility, enabling Autohome to invest in strategic initiatives and weather economic uncertainties.

Increase in NEV Revenues

Significant growth in NEV revenues indicates successful adaptation to market trends and positions Autohome to capitalize on the growing demand for new energy vehicles.

Negative Factors

Declining Revenue

A declining revenue trend over several years suggests challenges in maintaining market share and growth, potentially impacting long-term financial performance.

Lower Gross Margin

A declining gross margin indicates increased costs or pricing pressures, which can reduce profitability and limit the company's ability to invest in growth initiatives.

Challenges in the Used Car Market

Difficulties in the used car market, including price wars and high costs, could hinder Autohome's ability to profit from this segment, affecting overall revenue diversification.

AutoHome Business Overview & Revenue Model

Company Description

Autohome Inc. operates as an online destination for automobile consumers in the People's Republic of China. The company delivers interactive content and tools to automobile consumers through its three websites, autohome.com.cn, che168.com, and ttpai.cn on PCs, mobile devices, mobile applications, and mini apps. It provides media services, including automaker advertising services and regional marketing campaigns; and leads generation services comprising dealer subscription services, advertising services for individual dealers, and used automobile listing and other platform-based services. The company also offers Autohome Mall, an online transaction platform for users to review automotive-related information, purchase coupons offered by automakers for discounts, and make purchases to complete the transaction; data products; and online bidding platform for used automobiles, as well as collects commissions for facilitating transactions of auto-financing and insurance products on its platform. The company was formerly known as Sequel Limited and changed its name to Autohome Inc. in October 2011. Autohome Inc. was incorporated in 2008 and is headquartered in Beijing, the People's Republic of China.

How the Company Makes Money

AutoHome generates revenue through several key streams. Primarily, the company earns money from advertising services, where automotive manufacturers and dealerships pay to feature their products and services prominently on the AutoHome platform. Additionally, AutoHome generates revenue from lead generation services, where it connects potential buyers with dealerships, facilitating vehicle sales and generating referral fees. The company also engages in e-commerce by selling automotive-related products and services directly to consumers. Significant partnerships with automotive brands and dealerships enhance its service offerings and contribute to its earnings through increased traffic and conversions on its platform.

AutoHome Financial Statement Overview

Summary

AutoHome's financial performance is mixed. While the company maintains strong gross and EBITDA margins and a robust balance sheet with minimal debt, it faces challenges with declining revenue and profitability. The absence of cash flow data for 2024 raises concerns about cash flow sustainability.

Income Statement

AutoHome's income statement reveals a mixed performance. The company has shown a decline in total revenue from 2020 to 2024, with revenue decreasing from 8.66 billion in 2020 to 7.04 billion in 2024. This indicates a negative revenue growth trend. However, the gross profit margin remains strong at 78.9% in 2024, reflecting good cost control. The net profit margin declined to 25.5% in 2024 from higher levels in previous years, suggesting challenges in profitability. Despite these challenges, the company maintains a healthy EBITDA margin of 17.7% in 2024, showcasing operational efficiency.

Balance Sheet

AutoHome's balance sheet is robust with a high equity ratio of 79.2% in 2024, indicating financial stability and a low reliance on debt. The debt-to-equity ratio is minimal at 0.001, which suggests prudent financial management with negligible debt levels. The return on equity has decreased over the years, standing at 7.5% in 2024, reflecting lower profitability relative to equity. Nonetheless, the company has maintained substantial stockholders' equity over the years, highlighting long-term financial strength.

Cash Flow

The cash flow statement shows that AutoHome's operating cash flow has been positive, although it dropped to zero in 2024, signaling potential issues in cash generation. Free cash flow has been strong historically, but the lack of data for 2024 limits analysis. The operating cash flow to net income ratio was strong in previous years, indicating effective cash conversion from profits, yet the absence of these metrics in 2024 raises concerns about cash flow sustainability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	6.76B	7.04B	7.18B	6.94B	7.24B	8.66B
Gross Profit	4.87B	5.56B	5.77B	5.71B	6.19B	7.70B
EBITDA	1.24B	1.25B	1.49B	1.67B	2.21B	3.32B
Net Income	1.60B	1.79B	2.03B	1.94B	2.56B	3.28B
Balance Sheet
Total Assets	28.77B	30.22B	30.84B	29.72B	28.40B	3.63B
Cash, Cash Equivalents and Short-Term Investments	21.89B	23.32B	23.55B	22.08B	20.73B	2.24B
Total Debt	32.09M	96.71M	196.14M	110.39M	124.78M	31.00M
Total Liabilities	3.45B	5.02B	5.66B	4.63B	4.59B	752.63M
Stockholders Equity	24.07B	23.95B	23.93B	23.89B	22.62B	2.70B
Cash Flow
Free Cash Flow	0.00	1.23B	2.37B	2.45B	3.30B	3.06B
Operating Cash Flow	0.00	1.37B	2.45B	2.57B	3.52B	3.33B
Investing Cash Flow	0.00	-3.05B	1.00B	-3.11B	-3.81B	-2.99B
Financing Cash Flow	0.00	-1.70B	-1.12B	-1.14B	2.90B	-546.97M

AutoHome Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 22.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ATHM, the sentiment is Negative. The current price of 22.6 is below the 20-day moving average (MA) of 22.99, below the 50-day MA of 23.68, and below the 200-day MA of 25.90, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 46.51 is Neutral, neither overbought nor oversold. The STOCH value of 43.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ATHM.

AutoHome Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVER	77 Outperform	$925.15M	18.34	36.81%	―	57.83%	293.63%
CARG	68 Neutral	$3.71B	26.24	35.39%	―	4.21%	―
ATHM	68 Neutral	$2.78B	12.93	5.87%	0.00%	-5.54%	-14.30%
OPRA	67 Neutral	$1.21B	14.79	8.73%	5.47%	30.00%	-9.72%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
Z	58 Neutral	$16.56B	-480.75	-0.66%	―	15.17%	75.90%
TRUE	54 Neutral	$194.78M	-10.01	-15.37%	―	6.18%	28.04%

AutoHome Corporate Events

Autohome Reports Q3 2025 Financial Results and Announces Dividend

Autohome Inc. announced its unaudited financial results for the third quarter of 2025, reporting net revenues of RMB1,778.1 million, a slight increase from the previous year. The company has made significant strides in AI integration and O2O platform development, including the soft launch of Autohome Mall, contributing to a 32.1% year-over-year increase in online marketplace revenues. Despite a slight decline in net income compared to 2024, Autohome continues to focus on content diversification and user growth, with daily active users increasing by 5.1% year-over-year. The company also announced a cash dividend of US$1.20 per ADS, reflecting a total cash dividend of approximately RMB1.5 billion for 2025.

The most recent analyst rating on (ATHM) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on AutoHome stock, see the ATHM Stock Forecast page.