Azek Company Stock Current Asset
| AZEK Stock | USD 50.98 1.17 2.35% |
Azek Company fundamentals help investors to digest information that contributes to Azek's financial success or failures. It also enables traders to predict the movement of Azek Stock. The fundamental analysis module provides a way to measure Azek's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Azek stock.
At this time, Azek's Other Current Assets are quite stable compared to the past year. Non Current Assets Total is expected to rise to about 1.8 B this year, although the value of Total Current Assets will most likely fall to about 406.2 M. Azek | Current Asset |
Azek Company Company Current Asset Analysis
Azek's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Azek Current Asset Historical Pattern
Today, most investors in Azek Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Azek's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Azek current asset as a starting point in their analysis.
Azek Current Asset |
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Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
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Azek Net Tangible Assets
Net Tangible Assets |
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In accordance with the recently published financial statements, Azek Company has a Current Asset of 0.0. This is 100.0% lower than that of the Building Products sector and about the same as Industrials (which currently averages 0.0) industry. The current asset for all United States stocks is 100.0% higher than that of the company.
Azek Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Azek's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Azek could also be used in its relative valuation, which is a method of valuing Azek by comparing valuation metrics of similar companies.Azek is currently under evaluation in current asset category among its peers.
Azek Current Valuation Drivers
We derive many important indicators used in calculating different scores of Azek from analyzing Azek's financial statements. These drivers represent accounts that assess Azek's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Azek's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.2B | 5.6B | 2.6B | 4.5B | 6.8B | 3.6B | |
| Enterprise Value | 4.5B | 5.8B | 3.0B | 4.8B | 6.7B | 4.0B |
Azek ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Azek's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Azek's managers, analysts, and investors.Environmental | Governance | Social |
Azek Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0603 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 7.57 B | ||||
| Shares Outstanding | 143.02 M | ||||
| Shares Owned By Insiders | 1.70 % | ||||
| Shares Owned By Institutions | 98.30 % | ||||
| Number Of Shares Shorted | 5.63 M | ||||
| Price To Earning | 31.47 X | ||||
| Price To Book | 5.37 X | ||||
| Price To Sales | 4.92 X | ||||
| Revenue | 1.44 B | ||||
| Gross Profit | 437.79 M | ||||
| EBITDA | 212.09 M | ||||
| Net Income | 153.38 M | ||||
| Cash And Equivalents | 159.62 M | ||||
| Cash Per Share | 1.05 X | ||||
| Total Debt | 3.3 M | ||||
| Debt To Equity | 0.46 % | ||||
| Current Ratio | 2.96 X | ||||
| Book Value Per Share | 9.63 X | ||||
| Cash Flow From Operations | 224.48 M | ||||
| Short Ratio | 3.93 X | ||||
| Earnings Per Share | 1.04 X | ||||
| Price To Earnings To Growth | 3.54 X | ||||
| Target Price | 52.86 | ||||
| Number Of Employees | 2.24 K | ||||
| Beta | 1.89 | ||||
| Market Capitalization | 7.29 B | ||||
| Total Asset | 2.17 B | ||||
| Retained Earnings | 89 M | ||||
| Working Capital | 387.73 M | ||||
| Net Asset | 2.17 B |
About Azek Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Azek Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Azek using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Azek Company based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.