YMM
Full Truck Alliance Co. Ltd.
Software - Application
Market Cap$19.02B
5Y Perf.-56.2%
Compare Stocks
2 / 10Try these comparisons:
Stock Comparison
YMM vs LASR
Revenue, margins, valuation, and 5-year total return — side by side.
LASR
nLIGHT, Inc.
Semiconductors
Market Cap$3.69B
5Y Perf.+82.4%
YMM vs LASR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | YMM | LASR |
|---|---|---|
| Industry | Software - Application | Semiconductors |
| Market Cap | $19.02B | $3.69B |
| Revenue (TTM) | $12.14B | $290M |
| Net Income (TTM) | $4.18B | $-15M |
| Gross Margin | 71.3% | 31.3% |
| Operating Margin | 32.4% | -6.1% |
| Forward P/E | 1.9x | 207.6x |
| Total Debt | $65M | $36M |
| Cash & Equiv. | $5.81B | $99M |
YMM vs LASR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
YMM
LASR
| Stock | Jun 21 | May 26 | Return |
|---|---|---|---|
| Full Truck Alliance… (YMM) | 100 | 43.8 | -56.2% |
| nLIGHT, Inc. (LASR) | 100 | 182.4 | +82.4% |
Price return only. Dividends and distributions are not included.
Quick Verdict: YMM vs LASR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
Bottom line: YMM leads in 6 of 7 categories, making it the strongest pick for growth and revenue expansion and valuation and capital efficiency. nLIGHT, Inc. is the stronger pick specifically for recent price momentum and sentiment. As sector peers, any of these can serve as alternatives in the same allocation.
YMM
Full Truck Alliance Co. Ltd.
The Income Pick
YMM carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- Dividend streak 1 yrs, beta 1.50, yield 1.7%
- Rev growth 33.2%, EPS growth 47.0%, 3Y rev CAGR 34.1%
- Lower volatility, beta 1.50, Low D/E 0.2%, current ratio 9.03x
Best for: income & stability and growth exposure
LASR
nLIGHT, Inc.
The Long-Run Compounder
LASR is the clearest fit if your priority is long-term compounding.
- 145.6% 10Y total return vs YMM's -56.6%
- +7.1% vs YMM's -21.9%
Best for: long-term compounding
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | YMM | 33.2% revenue growth vs LASR's 31.6% |
| Value | YMM | Lower P/E (1.9x vs 207.6x) |
| Quality / Margins | YMM | 34.4% margin vs LASR's -5.1% |
| Stability / Safety | YMM | Beta 1.50 vs LASR's 2.86, lower leverage |
| Dividends | YMM | 1.7% yield; 1-year raise streak; the other pay no meaningful dividend |
| Momentum (1Y) | LASR | +7.1% vs YMM's -21.9% |
| Efficiency (ROA) | YMM | 10.0% ROA vs LASR's -4.1%, ROIC 6.0% vs -12.2% |
YMM vs LASR — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FY 2024
FY 2025
YMM vs LASR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
BEST OVERALLYMMLAGGINGLASR
LASRnLIGHT, Inc.
1leads
YMMFull Truck Alliance C…
3leads
6 Total Categories
CATEGORYLEADERvs LASRMETRICS WON
Income & Cash FlowRevenue, margins, and cash flow strength
YMM5/6
Valuation MetricsMultiples, price ratios, and targets
YMM4/5
Profitability & EfficiencyROE, ROIC, leverage, and quality scores
YMM7/8
Total Returns1Y, 3Y, 5Y total returns with dividends
LASR6/6
Risk & VolatilityBeta, volatility, and downside exposure
Tied
—
Analyst OutlookRatings, price targets, and dividends
—
—
Income & Cash Flow (Last 12 Months)
YMM leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
YMM is the larger business by revenue, generating $12.1B annually — 41.9x LASR's $290M. YMM is the more profitable business, keeping 34.4% of every revenue dollar as net income compared to LASR's -5.1%. On growth, LASR holds the edge at +55.2% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| RevenueTrailing 12 months | $12.1B | $290M |
| EBITDAEarnings before interest/tax | $4.0B | -$7M |
| Net IncomeAfter-tax profit | $4.2B | -$15M |
| Free Cash FlowCash after capex | $0 | $22M |
| Gross MarginGross profit ÷ Revenue | +71.3% | +31.3% |
| Operating MarginEBIT ÷ Revenue | +32.4% | -6.1% |
| Net MarginNet income ÷ Revenue | +34.4% | -5.1% |
| FCF MarginFCF ÷ Revenue | +25.8% | +7.6% |
| Rev. Growth (YoY)Latest quarter vs prior year | +17.2% | +55.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +29.4% | +106.3% |
YMM leads this category, winning 5 of 6 comparable metrics.
Valuation Metrics
YMM leads this category, winning 4 of 5 comparable metrics.
Valuation Metrics
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| Market CapShares × price | $19.0B | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $18.2B | $3.6B |
| Trailing P/EPrice ÷ TTM EPS | 20.65x | -137.90x |
| Forward P/EPrice ÷ next-FY EPS est. | 1.94x | 207.56x |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 48.44x | — |
| Price / SalesMarket cap ÷ Revenue | 11.52x | 14.13x |
| Price / BookPrice ÷ Book value/share | 1.66x | 14.87x |
| Price / FCFMarket cap ÷ FCF | 44.70x | 300.28x |
YMM leads this category, winning 4 of 5 comparable metrics.
Profitability & Efficiency
YMM leads this category, winning 7 of 8 comparable metrics.
Profitability & Efficiency
YMM delivers a 10.9% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $-5 for LASR. YMM carries lower financial leverage with a 0.00x debt-to-equity ratio, signaling a more conservative balance sheet compared to LASR's 0.16x. On the Piotroski fundamental quality scale (0–9), YMM scores 8/9 vs LASR's 5/9, reflecting strong financial health.
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| ROE (TTM)Return on equity | +10.9% | -5.4% |
| ROA (TTM)Return on assets | +10.0% | -4.1% |
| ROICReturn on invested capital | +6.0% | -12.2% |
| ROCEReturn on capital employed | +6.7% | -10.8% |
| Piotroski ScoreFundamental quality 0–9 | 8 | 5 |
| Debt / EquityFinancial leverage | 0.00x | 0.16x |
| Net DebtTotal debt minus cash | -$5.7B | -$62M |
| Cash & Equiv.Liquid assets | $5.8B | $99M |
| Total DebtShort + long-term debt | $65M | $36M |
| Interest CoverageEBIT ÷ Interest expense | — | -8.30x |
YMM leads this category, winning 7 of 8 comparable metrics.
Total Returns (Dividends Reinvested)
LASR leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in LASR five years ago would be worth $24,497 today (with dividends reinvested), compared to $4,339 for YMM. Over the past 12 months, LASR leads with a +708.2% total return vs YMM's -21.9%. The 3-year compound annual growth rate (CAGR) favors LASR at 74.9% vs YMM's 16.6% — a key indicator of consistent wealth creation.
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| YTD ReturnYear-to-date | -20.1% | +72.5% |
| 1-Year ReturnPast 12 months | -21.9% | +708.2% |
| 3-Year ReturnCumulative with dividends | +58.4% | +435.1% |
| 5-Year ReturnCumulative with dividends | -56.6% | +145.0% |
| 10-Year ReturnCumulative with dividends | -56.6% | +145.6% |
| CAGR (3Y)Annualised 3-year return | +16.6% | +74.9% |
LASR leads this category, winning 6 of 6 comparable metrics.
Risk & Volatility
Evenly matched — YMM and LASR each lead in 1 of 2 comparable metrics.
Risk & Volatility
YMM is the less volatile stock with a 1.50 beta — it tends to amplify market swings less than LASR's 2.86 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. LASR currently trades 82.5% from its 52-week high vs YMM's 63.4% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.50x | 2.86x |
| 52-Week HighHighest price in past year | $14.07 | $80.27 |
| 52-Week LowLowest price in past year | $8.04 | $7.95 |
| % of 52W HighCurrent price vs 52-week peak | +63.4% | +82.5% |
| RSI (14)Momentum oscillator 0–100 | 61.8 | 55.3 |
| Avg Volume (50D)Average daily shares traded | 6.0M | 1.7M |
Evenly matched — YMM and LASR each lead in 1 of 2 comparable metrics.
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates YMM as "Buy" and LASR as "Buy". Consensus price targets imply 30.8% upside for YMM (target: $12) vs -3.6% for LASR (target: $64). YMM is the only dividend payer here at 1.68% yield — a key consideration for income-focused portfolios.
| Metric | YMMFull Truck Allian… | LASRnLIGHT, Inc. |
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $11.67 | $63.80 |
| # AnalystsCovering analysts | 3 | 13 |
| Dividend YieldAnnual dividend ÷ price | +1.7% | — |
| Dividend StreakConsecutive years of raises | 1 | — |
| Dividend / ShareAnnual DPS | $1.02 | — |
| Buyback YieldShare repurchases ÷ mkt cap | +0.4% | 0.0% |
Insufficient data to determine a leader in this category.
Key Takeaway
YMM leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). LASR leads in 1 (Total Returns). 1 tied.
Best OverallFull Truck Alliance Co. Ltd. (YMM)Leads 3 of 6 categories
Loading custom metrics...
YMM vs LASR: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is YMM or LASR a better buy right now?
For growth investors, Full Truck Alliance Co.
Ltd. (YMM) is the stronger pick with 33. 2% revenue growth year-over-year, versus 31. 6% for nLIGHT, Inc. (LASR). Full Truck Alliance Co. Ltd. (YMM) offers the better valuation at 20. 6x trailing P/E (1. 9x forward), making it the more compelling value choice. Analysts rate Full Truck Alliance Co. Ltd. (YMM) a "Buy" — based on 3 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — YMM or LASR?
On forward P/E, Full Truck Alliance Co.
Ltd. is actually cheaper at 1. 9x.
03Which is the better long-term investment — YMM or LASR?
Over the past 5 years, nLIGHT, Inc.
(LASR) delivered a total return of +145. 0%, compared to -56. 6% for Full Truck Alliance Co. Ltd. (YMM). Over 10 years, the gap is even starker: LASR returned +145. 6% versus YMM's -56. 6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — YMM or LASR?
By beta (market sensitivity over 5 years), Full Truck Alliance Co.
Ltd. (YMM) is the lower-risk stock at 1. 50β versus nLIGHT, Inc. 's 2. 86β — meaning LASR is approximately 91% more volatile than YMM relative to the S&P 500. On balance sheet safety, Full Truck Alliance Co. Ltd. (YMM) carries a lower debt/equity ratio of 0% versus 16% for nLIGHT, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — YMM or LASR?
By revenue growth (latest reported year), Full Truck Alliance Co.
Ltd. (YMM) is pulling ahead at 33. 2% versus 31. 6% for nLIGHT, Inc. (LASR). On earnings-per-share growth, the picture is similar: nLIGHT, Inc. grew EPS 62. 2% year-over-year, compared to 47. 0% for Full Truck Alliance Co. Ltd.. Over a 3-year CAGR, YMM leads at 34. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — YMM or LASR?
Full Truck Alliance Co.
Ltd. (YMM) is the more profitable company, earning 27. 3% net margin versus -9. 0% for nLIGHT, Inc. — meaning it keeps 27. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: YMM leads at 22. 0% versus -10. 2% for LASR. At the gross margin level — before operating expenses — YMM leads at 86. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is YMM or LASR more undervalued right now?
On forward earnings alone, Full Truck Alliance Co.
Ltd. (YMM) trades at 1. 9x forward P/E versus 207. 6x for nLIGHT, Inc. — 205. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for YMM: 30. 8% to $11. 67.
08Which pays a better dividend — YMM or LASR?
In this comparison, YMM (1.
7% yield) pays a dividend. LASR does not pay a meaningful dividend and should not be held primarily for income.
09Is YMM or LASR better for a retirement portfolio?
For long-horizon retirement investors, Full Truck Alliance Co.
Ltd. (YMM) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (1. 7% yield). nLIGHT, Inc. (LASR) carries a higher beta of 2. 86 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (YMM: -56. 6%, LASR: +145. 6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between YMM and LASR?
Both stocks operate in the Technology sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
YMM pays a dividend while LASR does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
Revenue Growth>
%
(YMM: 17.2% · LASR: 55.2%)You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.