Azek Good Will from 2010 to 2024

AZEK Stock  USD 50.99  1.18  2.37%   
Azek Good Will yearly trend continues to be quite stable with very little volatility. Good Will may rise above about 1.1 B this year. Good Will is an intangible asset that arises when Azek Company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. View All Fundamentals
 
Good Will  
First Reported
2019-09-30
Previous Quarter
967.8 M
Current Value
967.8 M
Quarterly Volatility
19.8 M
 
Covid
Check Azek financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Azek's main balance sheet or income statement drivers, such as Interest Expense of 38.5 M, Other Operating Expenses of 857.8 M or Net Income Applicable To Common Shares of 82.1 M, as well as many indicators such as Price To Sales Ratio of 4.85, Dividend Yield of 0.0 or PTB Ratio of 5.54. Azek financial statements analysis is a perfect complement when working with Azek Valuation or Volatility modules.
  
Check out the analysis of Azek Correlation against competitors.

Latest Azek's Good Will Growth Pattern

Below is the plot of the Good Will of Azek Company over the last few years. It is an intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors. Azek's Good Will historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Azek's overall financial position and show how it may be relating to other accounts over time.
Good Will10 Years Trend
Slightly volatile
   Good Will   
       Timeline  

Azek Good Will Regression Statistics

Arithmetic Mean961,190,589
Geometric Mean960,699,784
Coefficient Of Variation3.38
Mean Deviation22,884,597
Median944,298,000
Standard Deviation32,514,055
Sample Variance1057.2T
Range116M
R-Value0.71
Mean Square Error570.9T
R-Squared0.50
Significance0
Slope5,133,353
Total Sum of Squares14800.3T

Azek Good Will History

20241.1 B
2023967.8 M
2022994.3 M
2021994 M
2019951.4 M

About Azek Financial Statements

Azek investors utilize fundamental indicators, such as Good Will, to predict how Azek Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Good Will967.8 M1.1 B

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When determining whether Azek Company 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 Azek 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 Azek Company Stock. Highlighted below are key reports to facilitate an investment decision about Azek Company Stock:
Check out the analysis of Azek Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Building Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Azek. If investors know Azek will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Azek listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.478
Earnings Share
1.04
Revenue Per Share
10.094
Quarterly Revenue Growth
0.121
Return On Assets
0.0603
The market value of Azek Company is measured differently than its book value, which is the value of Azek that is recorded on the company's balance sheet. Investors also form their own opinion of Azek's value that differs from its market value or its book value, called intrinsic value, which is Azek's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Azek's market value can be influenced by many factors that don't directly affect Azek's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Azek's value and its price as these two are different measures arrived at by different means. Investors typically determine if Azek is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Azek's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.