Azek Company Stock Net Income
| AZEK Stock | USD 49.81 1.59 3.30% |
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.
| Last Reported | Projected for Next Year | ||
| Net Income Applicable To Common Shares | 78.1 M | 82.1 M | |
| Net Income | 153.4 M | 161 M | |
| Net Income From Continuing Ops | 78.1 M | 82.1 M | |
| Net Income Per Share | 1.05 | 1.11 | |
| Net Income Per E B T | 0.73 | 0.50 |
Azek | Net Income |
Azek Company Company Net Income Analysis
Azek's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Azek Net Income | 153.38 M |
Most of Azek's fundamental indicators, such as Net Income, 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, Azek Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Azek Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Azek is extremely important. It helps to project a fair market value of Azek Stock properly, considering its historical fundamentals such as Net Income. Since Azek's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Azek's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Azek's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Azek Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Azek Company reported net income of 153.38 M. This is 40.88% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 73.14% higher than that of the company.
Azek Net Income 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 Net Income 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 net income 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 Institutional Holders
Institutional Holdings refers to the ownership stake in Azek that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Azek's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Azek's value.| Shares | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.9 M | Adage Capital Partners Gp Llc | 2024-06-30 | 2.5 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.4 M | State Street Corp | 2024-06-30 | 2.4 M | Amvescap Plc. | 2024-06-30 | 2.3 M | Geode Capital Management, Llc | 2024-06-30 | 2.3 M | American Century Companies Inc | 2024-09-30 | 2.2 M | Mercer Global Advisors Inc. | 2024-06-30 | 2.1 M | Wasatch Advisors Lp | 2024-06-30 | 2 M | Vanguard Group Inc | 2024-09-30 | 14.4 M | Wellington Management Company Llp | 2024-06-30 | 10.6 M |
Azek Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0603 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.17 % | ||||
| Current Valuation | 7.24 B | ||||
| Shares Outstanding | 144.39 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 | 5.13 X | ||||
| Price To Sales | 4.70 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 | 593.22 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 | 52.17 | ||||
| Number Of Employees | 2.24 K | ||||
| Beta | 1.89 | ||||
| Market Capitalization | 6.96 B | ||||
| Total Asset | 2.42 B | ||||
| Retained Earnings | (64.38 M) | ||||
| Working Capital | 387.73 M | ||||
| Net Asset | 2.42 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.