Atour Lifestyle runs the Atour Hotel and Atour X brands in China, operating mid-scale hotels that it both manages and franchises under its own system, along with the membership and loyalty platform that feeds them. The structural case rests on China's shift from unbranded independents toward standardised chains, a trend where the company's scale and tech-driven operations give it a cost edge over smaller rivals. Revenue growth of 41.4% and a 59.1% return on equity show a business expanding quickly while earning strong returns on the capital it deploys. At a trailing P/E of 16.5 and a forward P/E of 20.0, the market is pricing in earnings growth that the forward figure implies is slower than the top line, which is the gap worth testing in the model. Operating margin of 22.1% and gross margin of 43.7% are the numbers to check against Chinese travel demand and hotel RevPAR trends before deciding whether the name merits a deeper look.
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| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 21 Oct 2026, 12:04 CEST | Rating | Undervalued | first publication | $33.35 |
| 21 Oct 2026, 12:04 CEST | Fair value | $40.75 | $34.99 | $33.35 |
| 16 Oct 2026, 00:00 CEST | Fair value | $34.99 | $59.78 | $32.62 |
| 11 Oct 2026, 00:00 CEST | ACCE price target | $37.00 | first publication | $33.07 |
| 11 Oct 2026, 00:00 CEST | Fair value | $59.78 | $35.43 | $33.07 |
| 4 Oct 2026, 00:00 CEST | Fair value | $35.43 | $36.25 | $216 |
| 30 Sept 2026, 00:00 CEST | Fair value | $36.25 | $35.86 | $220 |
| 27 Sept 2026, 00:00 CEST | Fair value | $35.86 | $35.23 | $216 |
| 25 Sept 2026, 00:00 CEST | Fair value | $35.23 | $35.90 | $216 |
| 17 Sept 2026, 00:00 CEST | Fair value | $35.90 | $36.31 | $210 |
Answered from Atour Lifestyle Holdings Limited American Depositary Shares fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| ATAT Atour Lifestyle Holdings Limited American Depositary Shares | $31.51 | $41 | 23% below | 16.0x | 59.1% | 85 | 72 |
| CHH Choice Hotels International Inc. Common Stock | $111.98 | $90 | 24% above | 15.3x | 56.6% | 82 | 59 |
| WH Wyndham Hotels & Resorts Inc. Common Stock | $75.07 | - | - | 28.4x | 39.4% | 79 | 53 |
| WTB.L Whitbread | £25.81 | - | - | 71.7x | 1.8% | 45 | 42 |
| MEL.MC Melia Hotels International | €10.13 | €11 | 10% below | 13.3x | 17.1% | 59 | 62 |
| SHOT.ST Scandic Hotels Group AB (publ) | kr 100.40 | kr 96 | 5% above | 29.6x | 26.2% | 65 | 66 |
| AC.PA Accor | €46.04 | €30 | 56% above | 39.1x | 8.0% | 47 | 47 |
Where ATAT ranks against its sector peers on each metric.