The Goodyear Tire Stock Net Income
| GT Stock | MXN 208.00 9.00 4.15% |
The Goodyear Tire 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.
Goodyear |
The Goodyear Tire Company Net Income Analysis
Goodyear Tire'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 Goodyear Tire Net Income | 764 M |
Most of Goodyear Tire'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, The Goodyear Tire is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 |
Based on the recorded statements, The Goodyear Tire reported net income of 764 M. This is 49.61% higher than that of the Consumer Cyclical sector and significantly higher than that of the Rubber & Plastics industry. The net income for all Mexico stocks is 33.81% lower than that of the firm.
Goodyear Net Income 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 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 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 net income category among its peers.
Goodyear Fundamentals
| Return On Equity | 0.0393 | |||
| Return On Asset | 0.0309 | |||
| Profit Margin | 0.01 % | |||
| Operating Margin | 0.05 % | |||
| Current Valuation | 228.5 B | |||
| Shares Outstanding | 283 M | |||
| Shares Owned By Insiders | 0.44 % | |||
| Shares Owned By Institutions | 82.85 % | |||
| Price To Earning | 138.14 X | |||
| Price To Book | 0.59 X | |||
| Price To Sales | 2.93 X | |||
| Revenue | 17.48 B | |||
| Gross Profit | 3.85 B | |||
| EBITDA | 1.78 B | |||
| Net Income | 764 M | |||
| Cash And Equivalents | 917 M | |||
| Cash Per Share | 3.94 X | |||
| Total Debt | 6.65 B | |||
| Debt To Equity | 150.50 % | |||
| Current Ratio | 1.34 X | |||
| Book Value Per Share | 18.73 X | |||
| Cash Flow From Operations | 1.06 B | |||
| Earnings Per Share | 57.35 X | |||
| Number Of Employees | 74 K | |||
| Beta | 1.85 | |||
| Market Capitalization | 57.75 B | |||
| Total Asset | 21.4 B | |||
| Z Score | 4.8 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 1.37 % | |||
| Net Asset | 21.4 B |
About Goodyear Tire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze The Goodyear Tire'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 The Goodyear Tire 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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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.