WallStSmart

Shopify Inc (SHOP)vsFull Truck Alliance Co Ltd ADR (YMM)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Full Truck Alliance Co Ltd ADR generates 8% more annual revenue ($12.49B vs $11.56B). YMM leads profitability with a 35.3% profit margin vs 10.6%. YMM trades at a lower P/E of 13.5x. YMM earns a higher WallStSmart Score of 72/100 (B).

SHOP

Hold

48

out of 100

Grade: D+

Growth: 7.3Profit: 7.0Value: 2.0Quality: 8.5
Piotroski: 3/9Altman Z: 4.73

YMM

Strong Buy

72

out of 100

Grade: B

Growth: 8.0Profit: 8.0Value: 8.3Quality: 6.5
Piotroski: 5/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

SHOPSignificantly Overvalued (-1729.9%)

Margin of Safety

-1729.9%

Fair Value

$6.39

Current Price

$118.42

$112.03 premium

UndervaluedFair: $6.39Overvalued
YMMUndervalued (+65.4%)

Margin of Safety

+65.4%

Fair Value

$28.55

Current Price

$8.35

$20.20 discount

UndervaluedFair: $28.55Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

SHOP5 strengths · Avg: 9.4/10
Revenue GrowthGrowth
30.6%10/10

Revenue surging 30.6% year-over-year

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7310/10

Safe zone — low bankruptcy risk

Market CapQuality
$151.59B9/10

Large-cap with strong market position

Operating MarginProfitability
20.3%8/10

Strong operational efficiency at 20.3%

YMM5 strengths · Avg: 9.6/10
Price/BookValuation
1.5x10/10

Reasonable price relative to book value

Profit MarginProfitability
35.3%10/10

Keeps 35 of every $100 in revenue as profit

Operating MarginProfitability
32.2%10/10

Strong operational efficiency at 32.2%

EPS GrowthGrowth
76.6%10/10

Earnings expanding 76.6% YoY

P/E RatioValuation
13.5x8/10

Attractively priced relative to earnings

Areas to Watch

SHOP4 concerns · Avg: 2.8/10
Price/BookValuation
11.5x4/10

Trading at 11.5x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
9.562/10

Expensive relative to growth rate

P/E RatioValuation
123.6x2/10

Premium valuation, high expectations priced in

YMM1 concerns · Avg: 4.0/10
Revenue GrowthGrowth
0.6%4/10

0.6% revenue growth

Comparative Analysis Report

WallStSmart Research

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 30.6% demonstrates continued momentum.

Bull Case : YMM

The strongest argument for YMM centers on Price/Book, Profit Margin, Operating Margin. Profitability is solid with margins at 35.3% and operating margin at 32.2%.

Bear Case : SHOP

The primary concerns for SHOP are Price/Book, Piotroski F-Score, PEG Ratio. A P/E of 123.6x leaves little room for execution misses.

Bear Case : YMM

The primary concerns for YMM are Revenue Growth.

Key Dynamics to Monitor

SHOP profiles as a growth stock while YMM is a value play — different risk/reward profiles.

SHOP carries more volatility with a beta of 2.90 — expect wider price swings.

SHOP is growing revenue faster at 30.6% — sustainability is the question.

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

YMM scores higher overall (72/100 vs 48/100), backed by strong 35.3% margins. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

Full Truck Alliance Co Ltd ADR

TECHNOLOGY · SOFTWARE - APPLICATION · China

Full Truck Alliance Co. Ltd., operates a digital cargo platform that connects carriers with truckers to facilitate shipments across distance ranges, weights and types of cargo in the People's Republic of China. The company is headquartered in Guiyang, China.

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