Advance Financial Statements From 2010 to 2024
| A1AP34 Stock | BRL 16.44 0.68 4.31% |
Check Advance Auto financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Advance Auto's main balance sheet or income statement drivers, such as , as well as many indicators such as . Advance financial statements analysis is a perfect complement when working with Advance Auto Valuation or Volatility modules.
Advance |
Advance Auto Parts Company Current Valuation Analysis
Advance Auto's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Advance Auto Current Valuation | 63.54 B |
Most of Advance Auto's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Advance Auto Parts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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In accordance with the recently published financial statements, Advance Auto Parts has a Current Valuation of 63.54 B. This is 251.04% higher than that of the Consumer Cyclical sector and 48.11% higher than that of the Specialty Retail industry. The current valuation for all Brazil stocks is significantly lower than that of the firm.
Advance Auto Parts Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Advance Auto's current stock value. Our valuation model uses many indicators to compare Advance Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advance Auto competition to find correlations between indicators driving Advance Auto's intrinsic value. More Info.Advance Auto Parts is number one stock in return on equity category among its peers. It also is number one stock in return on asset category among its peers reporting about 0.24 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Advance Auto Parts is roughly 4.22 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Advance Auto by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advance Auto's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.About Advance Auto Financial Statements
Advance Auto stakeholders use historical fundamental indicators, such as Advance Auto's revenue or net income, to determine how well the company is positioned to perform in the future. Although Advance Auto investors may analyze each financial statement separately, they are all interrelated. For example, changes in Advance Auto's assets and liabilities are reflected in the revenues and expenses on Advance Auto's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Advance Auto Parts. Please read more on our technical analysis and fundamental analysis pages.
Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. ADVANCE AUTODRN operates under Specialty Retail classification in Brazil and is traded on Sao Paolo Stock Exchange. It employs 40000 people.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Advance Stock
When determining whether Advance Auto Parts is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Advance Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Advance Auto Parts Stock. Highlighted below are key reports to facilitate an investment decision about Advance Auto Parts Stock:Check out the analysis of Advance Auto Correlation against competitors. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..