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ValueScreener company report

Hello Group Inc. (MOMO)

NASDAQ / Communication Services / Internet Content & Information

Share price

4.77 USD Market dataClose of Oct 15, 2026

Market capitalisation

689.5M USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2025, filed Apr 28, 2026
Ratios computed
Oct 15, 2026
Filed years
10, FY2016 to FY2025
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

11.7% Computed

From the FY2025 filing

Read quality

Valuation

Price to earnings

5.74x Computed

FY2025 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

15.0% Computed

FY2025 accounts, priced at the latest close

Read cash generation

Revenue and net income, as filed

FY2016 Revenue: 3.71B CNYFY2016 Net income: 979.0M CNYFY2017 Revenue: 8.89B CNYFY2017 Net income: 2.15B CNYFY2018 Revenue: 13.41B CNYFY2018 Net income: 2.82B CNYFY2019 Revenue: 17.02B CNYFY2019 Net income: 2.97B CNYFY2020 Revenue: 15.02B CNYFY2020 Net income: 2.10B CNYFY2021 Revenue: 14.58B CNYFY2021 Net income: -2.91B CNYFY2022 Revenue: 12.70B CNYFY2022 Net income: 1.48B CNYFY2023 Revenue: 12.00B CNYFY2023 Net income: 1.96B CNYFY2024 Revenue: 10.56B CNYFY2024 Net income: 1.04B CNYFY2025 Revenue: 10.37B CNYFY2025 Net income: 804.0M CNY
Revenue Net income10 filed fiscal years, from the annual reports; the table in Filings names each document.
Named tests met
11 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 5.74x at the close of 2026-10-15 on FY2025 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits below the lowest.

Today, against the Internet Content & Information industry (33 companies), 5.74x sits at the 25th percentile; the middle half of that group runs from 5.74x to 36.60x.

Is it good

Return on invested capital was 11.7% in FY2025, in the band labelled "Around the cost of capital" (8.0% to 12.0%), on lines anchored on Damodaran's cost-of-capital data.

Today, against the Communication Services sector (85 companies), 11.7% sits at the 82nd percentile; the middle half of that group runs from -2.0% to 8.8%.

Is it safe

Interest coverage was 18.70x in FY2025, in the band labelled "Comfortable" (6.00x and above), on lines anchored on Damodaran's interest-coverage table, suggesting an interest bill operating profit covers many times over.

Year by year against peers
Whether Hello Group Inc.'s return on invested capital stayed above the median of the Communication Services sector, year by year. (FY2022 to FY2025, 4 fiscal years of Hello Group Inc. with a comparable figure)
The direction
Which way Hello Group Inc.'s gross margin has moved, and how steadily. (FY2016 to FY2025, 10 filed years of Hello Group Inc.)
What could explain it
What in Hello Group Inc.'s filed statements could explain the movements. (8 readings drawn from the statement lines Hello Group Inc. filed)
What to check next
What to check next on Hello Group Inc., and where in its filings. (3 questions for Hello Group Inc.)
In one paragraph
One paragraph on Hello Group Inc.'s returns, cash, balance sheet and price. (14 of sixteen figures read for Hello Group Inc.)

These are MOMO’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research MOMOPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2025 annual report: 20-F, filed Apr 28, 2026, accession 0001193125-26-183444.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

Hello Group Inc: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax11.7% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Return on equity7.4% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Return on capital employed, pre-tax11.6% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Return on assets5.8% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Gross margin37.8% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Operating margin13.1% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Net margin7.8% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
MOMO 7.8%
EVER 14.3%ATHM 22.4%YELP 9.9%PERI -1.8%FVRR 4.9%
-1.8%22.4%
Net margin: MOMO against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

Hello Group Inc: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity0.01 ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Current ratio4.68 ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Quick ratio4.68 ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Interest coverage18.70x ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Altman Z-score3.49 ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Net debt-5.32B ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Total assets 13.78BTotal liabilities 2.69BShareholders' equity 10.88BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What Hello Group Inc owned and owed at the end of fiscal 2025, from the balance sheet it filed (20-F, filed Apr 28, 2026, 0001193125-26-183444).

Hello Group Inc: balance sheet position
Total assets13.78B FiledFY2025 20-F, filed Apr 28, 2026
Total liabilities2.69B FiledFY2025 20-F, filed Apr 28, 2026
Shareholders' equity10.88B FiledFY2025 20-F, filed Apr 28, 2026
Cash5.44B FiledFY2025 20-F, filed Apr 28, 2026
Total debt128.8M FiledFY2025 20-F, filed Apr 28, 2026
Net debt-5.32B
Current ratio4.68
Debt to equity0.01

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

Hello Group Inc: what the market charges, each with its source
FigureValue, source and document
Price to earnings5.74x ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
P/E on trailing twelve months
Why n/a

A trailing figure needs 4 filed quarters with the dates they were filed on, and we hold 0 for this company. Nothing is drawn rather than a line built from fewer.

n/a ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book0.42x ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Price to sales0.45x ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Enterprise value to EBIT
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Enterprise value to EBITDA
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Price to earnings over growth
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Diluted earnings per share
Why n/a

The FY2025 filing carries no diluted earnings per share we could read.

n/a FiledFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Graham number
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444

We publish no fair value or price target of our own. Value MOMO on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for Hello Group Inc today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

Hello Group Inc: valuation
Share price4.77 USD
Market capitalisation689.5M USD
Enterprise value to EBITDAn/a
Graham numbern/a
Diluted earnings per sharen/a

Price to earnings on trailing twelve months: A trailing figure needs 4 filed quarters with the dates they were filed on, and we hold 0 for this company. Nothing is drawn rather than a line built from fewer.

Companies like Hello Group Inc

  1. EverQuote, Inc. (EVER)Market cap 760.5M USD
  2. Autohome Inc. (ATHM)Market cap 589.5M USD
  3. Yelp Inc. (YELP)Market cap 1.11B USD
  4. Perion Network Ltd. (PERI)Market cap 375.9M USD
  5. Fiverr International Ltd. (FVRR)Market cap 318.5M USD

Same industry (Internet Content & Information) and size band (Small, 300M to 2B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

Hello Group Inc: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield15.0% ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Free cash flow690.6M CNY ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Free cash flow margin6.7% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Dividend yield7.5% ComputedClose of Oct 15, 2026 · FY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Payout ratio43.1% ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
FY2016 Free cash flow: 1.42B CNYFY2016 Net income: 979.0M CNYFY2017 Free cash flow: 2.67B CNYFY2017 Net income: 2.15B CNYFY2018 Free cash flow: 3.08B CNYFY2018 Net income: 2.82B CNYFY2019 Free cash flow: 5.26B CNYFY2019 Net income: 2.97B CNYFY2020 Free cash flow: 2.96B CNYFY2020 Net income: 2.10B CNYFY2021 Free cash flow: 1.46B CNYFY2021 Net income: -2.91B CNYFY2022 Free cash flow: 1.15B CNYFY2022 Net income: 1.48B CNYFY2023 Free cash flow: 1.70B CNYFY2023 Net income: 1.96B CNYFY2024 Free cash flow: 1.35B CNYFY2024 Net income: 1.04B CNYFY2025 Free cash flow: 690.6M CNYFY2025 Net income: 804.0M CNY
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filing

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

Hello Group Inc.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
5.74xFY2025Oct 15, 2026
0.42xFY2025Oct 15, 2026
n/aFY2025Oct 15, 2026
n/a Enterprise value is zero or negative: the cash on the filed balance sheet exceeds the market value and the debt together.
15.0%FY2025Oct 15, 2026
11.7%FY2025Apr 28, 2026
7.5%FY2025Oct 15, 2026
0.01FY2025Apr 28, 2026
4.68FY2025Apr 28, 2026
0.45xFY2025Oct 15, 2026
n/aFY2025Oct 15, 2026
n/a The filed income statement reports no earnings per share.
3.49FY2025Oct 15, 2026
-1.87FY2025Apr 28, 2026
6/9FY2025Apr 28, 2026

The figures are computed from the accounts for fiscal 2025, the newest full year on file. 10 filed fiscal years on record, FY2016 to FY2025, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 filed fiscal years, FY2016 to FY2025, read from the annual reports Hello Group Inc filed with the SEC. Each year names its filing. Amounts in CNY, as filed.

Hello Group Inc: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY202510.37B1.35B804.0Mn/a690.6M13.1%7.4%20-F, Apr 28, 20260001193125-26-183444
FY202410.56B1.53B1.04Bn/a1.35B14.5%9.2%20-F, Apr 28, 20250001193125-25-098265
FY202312.00B2.31B1.96Bn/a1.70B19.2%16.6%20-F, Apr 26, 20240001193125-24-115459
FY202212.70B1.63B1.48Bn/a1.15B12.8%13.8%20-F, Apr 25, 20230001193125-23-113913
FY202114.58B-2.39B-2.91Bn/a1.46B-16.4%-27.9%20-F, Apr 27, 20220001193125-22-121910
FY202015.02B2.53B2.10Bn/a2.96B16.9%14.4%20-F, Apr 27, 20210001193125-21-132517
FY201917.02B3.55B2.97Bn/a5.26B20.9%22.0%20-F, Apr 28, 20200001193125-20-123373
FY201813.41B3.27B2.82Bn/a3.08B24.4%25.8%20-F, Apr 26, 20190001193125-19-120962
FY20178.89B2.43B2.15Bn/a2.67B27.4%31.9%20-F, Apr 26, 20180001193125-18-133102
FY20163.71B975.1M979.0Mn/a1.42B26.3%n/a20-F, Apr 26, 20170001193125-17-138056
  • Revenue, compound annual growth FY2016 to FY2025: 12.1%
  • Earnings, compound annual growth FY2016 to FY2025: -2.2%
  • Earnings per share: Fewer than two filed years carry earnings per share.
  • Free cash flow, compound annual growth FY2016 to FY2025: -7.7%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

Hello Group Inc: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-1.87 ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Piotroski F-score6/9 ComputedFY2025 20-F, filed Apr 28, 2026, 0001193125-26-183444
Named tests met11 of 30 Computed
Beta0.58 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 11 met, 11 not met, 8 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
Deep value; High yield, low payout; ROIC at or above WACC; Near the 52-week low; Z-score and coverage (Edward Altman); Owner earnings yield; Book or below, low debt (Walter Schloss); Tangible book or below; Cash-flow yield and ROIC; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman)
Does not
Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; High returns and growth; Gross margin, turnover (Robert Novy-Marx); Low beta, profitable; High returns, low debt; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Clean books, high ROIC
Not measured
Defensive investor (Benjamin Graham); Low PEG, low debt (Peter Lynch); EV/EBITDA and coverage; Dividends and buybacks; Two thirds of NCAV (Benjamin Graham); P/E times P/B (Benjamin Graham); Cash-covered dividend; Low P/E, growth, yield (John Neff). A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(9)
  • Positive Earnings Streak: The latest filed year has no per-share earnings we can read; the test needs 10.
  • EV/EBIT: We do not hold this figure for this company, so there is nothing to show.
  • PEG Ratio: We do not hold this figure for this company, so there is nothing to show.
  • Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
  • EV/EBITDA: We do not hold this figure for this company, so there is nothing to show.
  • Share Count Change Yoy: We do not hold this figure for this company, so there is nothing to show.
  • Price To Ncav: We do not hold this figure for this company, so there is nothing to show.
  • Price To Graham: We do not hold this figure for this company, so there is nothing to show.
  • Dividend Streak: The stored figure is a zero that can stand for data we do not hold, so this test is not measured.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by Javier Sanz Alvarez: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • 9 figures could not be read on this company, among them Positive Earnings Streak, EV/EBIT, PEG Ratio. Each blank in the table above names the rest, with its reason. 8 named tests come back incomplete because of them, which is neither met nor missed.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

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Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

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Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.