Goodyear Tire Rubber Stock Fundamentals
| GT Stock | USD 10.13 0.42 4.33% |
Goodyear Tire Rubber fundamentals help investors to digest information that contributes to Goodyear Tire's financial success or failures. It also enables traders to predict the movement of Goodyear Stock. The fundamental analysis module provides a way to measure Goodyear Tire'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 Goodyear Tire stock.
At this time, Goodyear Tire's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 3.7 B in 2024, whereas Other Operating Expenses is likely to drop slightly above 15.8 B in 2024. Goodyear | Select Account or Indicator |
Goodyear Tire Rubber Company Profit Margin Analysis
Goodyear Tire's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Goodyear Tire Profit Margin | (0.02) % |
Most of Goodyear Tire's fundamental indicators, such as Profit Margin, 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, Goodyear Tire Rubber is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Goodyear Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Goodyear Tire Rubber has a Profit Margin of -0.0156%. This is 100.62% lower than that of the Automobile Components sector and 97.6% lower than that of the Consumer Discretionary industry. The profit margin for all United States stocks is 98.77% lower than that of the firm.
Goodyear Tire Rubber Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Goodyear Tire's current stock value. Our valuation model uses many indicators to compare Goodyear Tire value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Goodyear Tire competition to find correlations between indicators driving Goodyear Tire's intrinsic value. More Info.Goodyear Tire Rubber is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . At this time, Goodyear Tire's Return On Equity is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Goodyear Tire by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Goodyear Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Goodyear Tire's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Goodyear Tire could also be used in its relative valuation, which is a method of valuing Goodyear Tire by comparing valuation metrics of similar companies.Goodyear Tire is currently under evaluation in profit margin category among its peers.
Goodyear Tire 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, Goodyear Tire's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Goodyear Tire's managers, analysts, and investors.Environmental | Governance | Social |
Goodyear Fundamentals
| Return On Equity | -0.0612 | ||||
| Return On Asset | 0.0219 | ||||
| Profit Margin | (0.02) % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 11.92 B | ||||
| Shares Outstanding | 284.92 M | ||||
| Shares Owned By Insiders | 7.68 % | ||||
| Shares Owned By Institutions | 86.93 % | ||||
| Number Of Shares Shorted | 25.12 M | ||||
| Price To Earning | 3.22 X | ||||
| Price To Book | 0.58 X | ||||
| Price To Sales | 0.15 X | ||||
| Revenue | 20.07 B | ||||
| Gross Profit | 3.88 B | ||||
| EBITDA | 856 M | ||||
| Net Income | (687 M) | ||||
| Cash And Equivalents | 1.25 B | ||||
| Cash Per Share | 4.41 X | ||||
| Total Debt | 8.65 B | ||||
| Debt To Equity | 1.77 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 16.65 X | ||||
| Cash Flow From Operations | 1.03 B | ||||
| Short Ratio | 4.48 X | ||||
| Earnings Per Share | (1.04) X | ||||
| Price To Earnings To Growth | 1.67 X | ||||
| Target Price | 13.43 | ||||
| Number Of Employees | 71 K | ||||
| Beta | 1.7 | ||||
| Market Capitalization | 2.77 B | ||||
| Total Asset | 21.58 B | ||||
| Retained Earnings | 5.09 B | ||||
| Working Capital | 503 M | ||||
| Current Asset | 5.18 B | ||||
| Current Liabilities | 3.95 B | ||||
| Five Year Return | 2.81 % | ||||
| Net Asset | 21.58 B |
About Goodyear Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Goodyear Tire Rubber's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Goodyear Tire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Goodyear Tire Rubber 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.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 663 M | 755.9 M | |
| Total Revenue | 20.1 B | 16.7 B | |
| Cost Of Revenue | 16.6 B | 13.1 B | |
| Sales General And Administrative To Revenue | 0.18 | 0.17 | |
| Research And Ddevelopement To Revenue | 0.02 | 0.02 | |
| Capex To Revenue | 0.05 | 0.04 | |
| Revenue Per Share | 70.41 | 88.84 |
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Additional Tools for Goodyear Stock Analysis
When running Goodyear Tire's price analysis, check to measure Goodyear Tire's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Goodyear Tire is operating at the current time. Most of Goodyear Tire's value examination focuses on studying past and present price action to predict the probability of Goodyear Tire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goodyear Tire's price. Additionally, you may evaluate how the addition of Goodyear Tire to your portfolios can decrease your overall portfolio volatility.