Bridgestone Competitors

Stocks . Germany . 
Stock . Bridgestone
BGTA Stock  EUR 16.10  0.10  0.62%   
Bridgestone competes with Superior Plus, SIVERS SEMICONDUCTORS, Norsk Hydro, and Reliance Steel; as well as few others. The company operates under Consumer Cyclical sector and is part of Auto Parts industry. Analyzing Bridgestone competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Bridgestone to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Bridgestone Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Bridgestone competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
14.8916.1017.31
Details
Intrinsic
Valuation
LowRealHigh
15.0216.2317.44
Details
Naive
Forecast
LowNextHigh
14.7015.9117.13
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
15.9116.1516.39
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Bridgestone. Your research has to be compared to or analyzed against Bridgestone's peers to derive any actionable benefits. When done correctly, Bridgestone's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Bridgestone.

Bridgestone Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Bridgestone and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Bridgestone and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Bridgestone does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
VUSA
+ 0.95
RS6
8SP
+ 0.84
BGTA
9K1
+ 0.78
2DG
MEL
+ 0.77
VUSA
MEL
+ 0.75
RS6
2DG
+ 0.71
8SP
  
High negative correlations   
VUSA
- 0.93
2DG
RS6
- 0.9
2DG
VUSA
- 0.81
9K1
3RKU
- 0.81
9K1
MEL
- 0.79
2DG
9K1
- 0.78
RS6

Risk-Adjusted Indicators

There is a big difference between Bridgestone Stock performing well and Bridgestone Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Bridgestone's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
BGTA  0.94 (0.05) 0.00 (0.18) 0.00 
 0.00 
 1.90 
(2.35)
 4.94 
8SP  2.10 (0.10) 0.00 (2.54) 0.00 
 0.00 
 3.36 
(3.96)
 20.22 
2DG  4.86 (1.33) 0.00 (0.44) 0.00 
 0.00 
 9.09 
(10.00)
 52.42 
NOH1  2.05  0.24  0.10  0.48  1.77 
(2.73)
 6.61 
(3.25)
 12.96 
RS6  1.33  0.25  0.11  1.56  1.16 
(1.55)
 2.94 
(2.03)
 13.65 
XYTA  11.55  4.13  0.13 (1.74) 8.11 
(58.33)
 33.33 
(20.00)
 233.33 
9K1  1.64 (0.35) 0.00  3.07  0.00 
 0.00 
 2.94 
(4.62)
 14.80 
3RKU  1.55  0.28  0.10  1.12  1.49 
(2.09)
 3.25 
(2.50)
 9.52 
VUSA  0.55  0.12  0.12  0.25  0.44 
(0.61)
 1.27 
(1.04)
 6.02 
MEL  1.05  0.11  0.01  0.72  1.15 
(1.22)
 2.95 
(1.78)
 7.09 
All Fundamental Data

Bridgestone Competitive Analysis

The better you understand Bridgestone competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Bridgestone's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Bridgestone's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BGTA 8SP 2DG NOH1 RS6 XYTA 9K1 3RKU VUSA MEL
 0.62 
 16.10 
Bridgestone
 0.92 
 4.40 
Superior
 5.88 
 0.16 
SIVERS
 2.72 
 5.72 
Norsk
 1.01 
 290.90 
Reliance
 0.00 
 0 
CHINA
 4.62 
 1.65 
NORDIC
 1.92 
 20.40 
RYOHIN
 0.25 
 109.26 
Vanguard
 1.97 
 6.98 
Meli
Market Volatility
(90 Days Market Risk)
Very steady
Relatively risky
Out of control
Slightly risky
Very steady
Out of control
Very risky
Very steady
Very steady
Not too volatile
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Very Weak
OK
OK
Good
Very Weak
Good
Solid
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Quite High
Quite High
Low
Low
Average
About Average
Average
Low
Above Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Over Valued
Fairly Valued
Under Valued
Over Valued
Over Valued
Under Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Buy
Strong Hold
Strong Hold
Strong Buy
Buy
Cautious Hold
Strong Hold
Strong Buy
Strong Buy
Buy
Current Ratio
2.47
1.33
3.67
1.77
4.06
0.67
N/A
4.01
N/A
0.44
Net Asset
4.57 T
4.48 B
N/A
198.62 B
10.33 B
N/A
N/A
N/A
22.89 B
4.21 B
Profit Margin
0.0731
-0.0333
-0.89
0.12
0.11
-2.08
N/A
-1.73
N/A
0.0173
EBITDA
644.26 B
202.9 M
N/A
42.55 B
2.73 B
47.39 M
N/A
38.5 B
N/A
120.06 M
Operating Margin
0.11
0.0049
N/A
0.24
0.15
0.11
N/A
4.15
N/A
0.0294
Current Valuation
25.53 B
2.78 B
N/A
13.26 B
12.83 B
N/A
N/A
(9.36 B)
N/A
3.99 B
Price To Book
1.12
1.76
N/A
1.48
1.78
N/A
N/A
0.02
N/A
3.47
Five Year Return
N/A
5.75
N/A
3.02
1.9
N/A
N/A
N/A
10.35
1.46
One Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
8.85
N/A
Beta
0.53
0.86
0.86
1.4
0.89
0.55
N/A
1.01
N/A
1.81
Number Of Employees
30
28
130
32.01 K
10
153
N/A
9.05 K
N/A
10.8 K
Equity Positions Weight
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
100.0
N/A
Shares Outstanding
1.37 B
200.7 M
210.89 M
2.04 B
58.79 M
4.77 B
N/A
263.03 M
N/A
220.09 M
Three Year Return
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
13.93
N/A
Cash Flow From Operations
281.54 B
248.7 M
N/A
29.39 B
2.12 B
3.06 M
N/A
(3.52 B)
N/A
126.85 M
Annual Yield
0.0343
0.0662
N/A
0.0738
0.0163
N/A
N/A
N/A
N/A
0.0457
Total Debt
356.67 B
1.91 B
N/A
1.78 B
1.14 B
3.63 B
N/A
110.72 B
N/A
1.18 B
Return On Equity
0.11
-0.0634
-0.18
0.25
0.28
N/A
N/A
N/A
N/A
-0.11
Z Score
N/A
N/A
N/A
5.8
8.2
N/A
N/A
N/A
N/A
0.6
Return On Asset
0.0578
0.0026
-0.11
0.17
0.16
0.0117
N/A
N/A
N/A
0.0024
Book Value Per Share
2166.88
5.52
0.24
50.16
120.56
-2.42
N/A
773.43
N/A
1.44
Total Asset
4.57 T
4.48 B
N/A
198.62 B
10.33 B
N/A
N/A
N/A
22.89 B
4.21 B
Debt To Equity
0.31
163.2
0.088
31.3
49.0
N/A
N/A
0.52
N/A
8.02
Target Price
28.21
N/A
N/A
N/A
181.17
N/A
N/A
N/A
N/A
12.6
Last Dividend Paid
N/A
0.72
N/A
5.65
3.5
N/A
N/A
0.19
N/A
N/A
Shares Owned By Institutions
N/A
36.16
25.26
43.18
83.58
N/A
N/A
0.16
N/A
22.32
Market Capitalization
24.76 B
1.54 B
146.56 M
14.57 B
13.85 B
39.16 M
N/A
4.38 B
N/A
1.39 B
Price To Earning
14.96
30.24
N/A
5.51
8.86
N/A
N/A
N/A
N/A
42.08
Price To Earnings To Growth
N/A
N/A
N/A
0.52
N/A
N/A
N/A
N/A
N/A
N/A
Price To Sales
0.006
0.46
N/A
0.0646
0.65
N/A
N/A
0.01
N/A
0.72
Net Income
394.04 B
(112.5 M)
N/A
24.15 B
1.84 B
(333.9 M)
N/A
(6.93 B)
N/A
(192.9 M)
Earnings Per Share
1.59
-0.4
-0.082
1.09
28.2
-0.006
N/A
-0.2
N/A
0.12
Shares Owned By Insiders
N/A
0.35
31.21
35.49
0.86
51.82
N/A
N/A
N/A
54.85
Revenue
3.25 T
3.38 B
N/A
207.93 B
17.02 B
232.34 M
N/A
401.65 B
N/A
827.21 M
Cash And Equivalents
960.01 B
33.45 M
N/A
986.39 M
133.6 M
6.01 M
N/A
126.74 B
N/A
118.11 M
Cash Per Share
681.61
0.19
N/A
0.48
1.99
N/A
N/A
481.84
N/A
0.54
Gross Profit
1.59 T
1.15 B
116.46 M
78.56 B
5.26 B
53.08 M
N/A
190.92 B
N/A
349.93 M
Day Typical Price
16.1
4.39
0.16
5.7
290.9
0.0015
1.68
20.4
109.22
6.98
Accumulation Distribution
N/A
0.0091
N/A
0.0122
N/A
N/A
0.0571
N/A
0.0072
N/A
Market Facilitation Index
N/A
0.04
N/A
0.07
N/A
N/A
0.1
N/A
0.79
N/A
Daily Balance Of Power
(9,223,372,036,855)
1.0
(9,223,372,036,855)
(2.29)
9.2 T
0.0
(0.80)
(9,223,372,036,855)
0.3418
(9,223,372,036,855)
Period Momentum Indicator
(0.10)
0.04
(0.01)
(0.16)
2.9
N/A
(0.08)
(0.40)
0.27
(0.14)
Rate Of Daily Change
0.99
1.01
0.94
0.97
1.01
1.0
0.95
0.98
1.0
0.98
Day Median Price
16.1
4.38
0.16
5.69
290.9
0.0015
1.7
20.4
109.2
6.98
Price Action Indicator
(0.05)
0.04
(0.01)
(0.04)
1.45
N/A
(0.09)
(0.20)
0.2
(0.07)
Relative Strength Index
46.86
47.44
35.05
54.52
67.35
44.82
33.43
77.67
62.6
45.95
Coefficient Of Variation
(5,737)
(4,101)
(774.57)
870.49
728.98
720.53
(643.38)
650.4
376.36
1102.07
Mean Deviation
0.9374
2.1
4.86
2.05
1.33
11.55
1.64
1.55
0.5491
1.05
Jensen Alpha
(0.05)
(0.1)
(1.33)
0.2419
0.2506
4.13
(0.35)
0.2831
0.1198
0.1054
Total Risk Alpha
(0.22)
(0.62)
(2.33)
(0.13)
(0.05)
(0.56)
(0.72)
(0.02)
0.0818
(0.11)
Sortino Ratio
N/A
N/A
N/A
0.1019
0.113
0.1323
N/A
0.1024
0.1203
0.0085
Downside Variance
N/A
N/A
N/A
3.97
1.9
809.44
N/A
3.85
0.7347
1.61
Standard Deviation
1.2
3.35
8.08
2.85
2.04
28.02
2.27
2.12
0.8565
1.49
Kurtosis
(0.39)
10.92
11.92
2.21
13.86
37.78
2.23
2.76
8.49
2.54
Potential Upside
1.9
3.36
9.09
6.61
2.94
33.33
2.94
3.25
1.27
2.95
Treynor Ratio
(0.18)
(2.54)
(0.44)
0.4813
1.56
(1.74)
3.07
1.12
0.2547
0.7196
Maximum Drawdown
4.94
20.22
52.42
12.96
13.65
233.33
14.8
9.52
6.02
7.09
Variance
1.44
11.2
65.28
8.12
4.18
785.16
5.17
4.48
0.7336
2.22
Market Risk Adjusted Performance
(0.17)
(2.53)
(0.43)
0.4913
1.57
(1.73)
3.08
1.13
0.2647
0.7296
Risk Adjusted Performance
(0.01)
(0.01)
(0.08)
0.0904
0.1056
0.11
(0.11)
0.1176
0.1935
0.0707
Skewness
(0.1)
(0.72)
(1.58)
1.22
2.72
5.5
(0.29)
0.7938
1.26
0.8345
Semi Deviation
N/A
N/A
N/A
1.77
1.16
8.11
N/A
1.49
0.4447
1.15
Information Ratio
(0.12)
(0.06)
(0.14)
0.0712
0.0763
0.1343
(0.21)
0.0949
0.1204
0.0072
Value At Risk
(2.35)
(3.96)
(10.00)
(3.25)
(2.03)
(20.00)
(4.62)
(2.50)
(1.04)
(1.78)
Expected Short fall
N/A
N/A
N/A
(2.73)
(1.55)
(58.33)
N/A
(2.09)
(0.61)
(1.22)
Downside Deviation
N/A
N/A
N/A
1.99
1.38
28.45
N/A
1.96
0.8571
1.27
Semi Variance
N/A
N/A
N/A
3.14
1.35
65.82
N/A
2.23
0.1977
1.32

Bridgestone Competition Performance Charts

Five steps to successful analysis of Bridgestone Competition

Bridgestone's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Bridgestone in relation to its competition. Bridgestone's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Bridgestone in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Bridgestone's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Bridgestone, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Bridgestone position

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Other Information on Investing in Bridgestone Stock

Bridgestone financial ratios help investors to determine whether Bridgestone Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Bridgestone with respect to the benefits of owning Bridgestone security.
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