Goodyear Tire Rubber Stock Current Valuation

GT Stock

USD 10.13 0.42 4.33%

Valuation analysis of Goodyear Tire Rubber helps investors to measure Goodyear Tire's intrinsic value by examining its available valuation indicators, including the cash flow records, the balance sheet account changes and income statement patterns. Enterprise Value Over EBITDA is likely to drop to 7.02 in 2024. Enterprise Value Multiple is likely to drop to 7.02 in 2024. Fundamental drivers impacting Goodyear Tire's valuation include:

Price Book

0.5831

Enterprise Value

11.9 B

Enterprise Value Ebitda

8.9967

Price Sales

0.1452

Forward PE

5.4855

Undervalued

Today

10.13

Please note that Goodyear Tire's price fluctuation is somewhat reliable at this time. Calculation of the real value of Goodyear Tire Rubber is based on 3 months time horizon. Increasing Goodyear Tire's time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.

Buy or Sell Advice Valuation Matrix

Goodyear Tire's intrinsic value may or may not be the same as its current market price of 10.13, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.

Historical

Market 10.13

Real 11.88

Target 14.2

Hype 10.36

Naive 9.45

The intrinsic value of Goodyear Tire's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Goodyear Tire's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.

8.82

Downside

11.88

Real Value

Target Odds

Above Odds

Below Odds

14.94

Upside

Estimating the potential upside or downside of Goodyear Tire Rubber helps investors to forecast how Goodyear stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Goodyear Tire more accurately as focusing exclusively on Goodyear Tire's fundamentals will not take into account other important factors:

Earnings

Estimates (0)

Low	Projected	High
0.21	0.24	0.27

Details

Hype

Prediction

Low	Estimated	High
7.30	10.36	13.42

Details

Potential

Annual Dividend

Low	Forecasted	High
0.05	0.05	0.05

Details

9 Analysts

Consensus

Low	Target Price	High
12.92	14.20	15.76

Details

Goodyear Tire Rubber Company Current Valuation Analysis

Goodyear Tire's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.

Enterprise Value

Market Cap + Debt

-

Cash

More About Current Valuation | All Equity Analysis

Current Goodyear Tire Current Valuation

11.92 B

Most of Goodyear Tire's fundamental indicators, such as Current Valuation, 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.

Goodyear Current Valuation Driver Correlations

Understanding the fundamental principles of building solid financial models for Goodyear Tire is extremely important. It helps to project a fair market value of Goodyear Stock properly, considering its historical fundamentals such as Current Valuation. Since Goodyear Tire'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 Goodyear Tire'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 Goodyear Tire's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Short Term Investments	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.26	0.66	0.29	0.8	0.91	0.74	0.56	0.95	0.32	0.05	0.93	0.58	0.81	0.54	0.28	0.42	0.72	0.27	0.4	0.41	0.39	0.52	-0.02	0.52
Total Stockholder Equity	0.26		0.56	0.94	-0.26	-0.18	-0.4	0.65	0.16	0.36	-0.5	0.26	0.25	0.5	0.02	0.62	0.71	0.34	-0.05	0.78	0.77	0.73	0.39	0.0	0.37
Net Debt	0.66	0.56		0.54	0.38	0.43	0.19	0.81	0.59	0.7	-0.29	0.73	0.55	0.81	0.36	0.68	0.86	0.72	-0.13	0.66	0.72	0.77	0.71	-0.33	0.83
Retained Earnings	0.29	0.94	0.54		-0.26	-0.11	-0.38	0.69	0.16	0.14	-0.5	0.24	0.05	0.47	-0.1	0.67	0.68	0.19	-0.27	0.86	0.84	0.8	0.19	-0.07	0.19
Net Receivables	0.8	-0.26	0.38	-0.26		0.92	0.94	0.18	0.84	0.27	0.42	0.72	0.56	0.5	0.57	-0.04	0.12	0.56	0.3	-0.04	-0.02	0.01	0.48	0.06	0.44
Total Liab	0.91	-0.18	0.43	-0.11	0.92		0.92	0.29	0.9	0.17	0.27	0.83	0.48	0.6	0.54	0.02	0.11	0.59	0.3	0.06	0.08	0.07	0.35	-0.02	0.36
Total Current Assets	0.74	-0.4	0.19	-0.38	0.94	0.92		-0.02	0.77	0.08	0.48	0.67	0.46	0.33	0.61	-0.22	-0.07	0.44	0.38	-0.25	-0.23	-0.22	0.31	0.2	0.24
Short Term Debt	0.56	0.65	0.81	0.69	0.18	0.29	-0.02		0.54	0.5	-0.16	0.46	0.35	0.79	0.13	0.77	0.65	0.46	-0.21	0.84	0.87	0.9	0.45	-0.45	0.6
Accounts Payable	0.95	0.16	0.59	0.16	0.84	0.9	0.77	0.54		0.41	0.19	0.86	0.67	0.79	0.65	0.29	0.29	0.72	0.34	0.3	0.32	0.29	0.58	0.04	0.57
Intangible Assets	0.32	0.36	0.7	0.14	0.27	0.17	0.08	0.5	0.41		-0.14	0.44	0.82	0.61	0.47	0.47	0.53	0.7	0.23	0.22	0.3	0.37	0.91	-0.16	0.97
Common Stock	0.05	-0.5	-0.29	-0.5	0.42	0.27	0.48	-0.16	0.19	-0.14		-0.12	0.0	-0.25	0.15	-0.3	-0.37	-0.2	0.09	-0.36	-0.36	-0.34	-0.09	0.1	-0.13
Long Term Debt	0.93	0.26	0.73	0.24	0.72	0.83	0.67	0.46	0.86	0.44	-0.12		0.61	0.8	0.6	0.28	0.51	0.86	0.3	0.3	0.33	0.3	0.59	-0.03	0.62
Good Will	0.58	0.25	0.55	0.05	0.56	0.48	0.46	0.35	0.67	0.82	0.0	0.61		0.6	0.7	0.28	0.27	0.67	0.51	0.07	0.11	0.18	0.92	0.2	0.82
Property Plant Equipment	0.81	0.5	0.81	0.47	0.5	0.6	0.33	0.79	0.79	0.61	-0.25	0.8	0.6		0.35	0.6	0.6	0.86	0.11	0.56	0.6	0.61	0.63	-0.34	0.73
Current Deferred Revenue	0.54	0.02	0.36	-0.1	0.57	0.54	0.61	0.13	0.65	0.47	0.15	0.6	0.7	0.35		0.01	0.2	0.52	0.5	-0.07	-0.04	-0.07	0.64	0.52	0.52
Short Term Investments	0.28	0.62	0.68	0.67	-0.04	0.02	-0.22	0.77	0.29	0.47	-0.3	0.28	0.28	0.6	0.01		0.58	0.34	-0.49	0.7	0.69	0.73	0.37	-0.33	0.5
Net Tangible Assets	0.42	0.71	0.86	0.68	0.12	0.11	-0.07	0.65	0.29	0.53	-0.37	0.51	0.27	0.6	0.2	0.58		0.57	-0.24	0.71	0.75	0.77	0.57	-0.2	0.63
Long Term Debt Total	0.72	0.34	0.72	0.19	0.56	0.59	0.44	0.46	0.72	0.7	-0.2	0.86	0.67	0.86	0.52	0.34	0.57		0.36	0.24	0.29	0.28	0.74	-0.17	0.79
Capital Surpluse	0.27	-0.05	-0.13	-0.27	0.3	0.3	0.38	-0.21	0.34	0.23	0.09	0.3	0.51	0.11	0.5	-0.49	-0.24	0.36		-0.36	-0.34	-0.41	0.34	0.4	0.19
Deferred Long Term Liab	0.4	0.78	0.66	0.86	-0.04	0.06	-0.25	0.84	0.3	0.22	-0.36	0.3	0.07	0.56	-0.07	0.7	0.71	0.24	-0.36		0.99	0.93	0.24	-0.25	0.32
Long Term Investments	0.41	0.77	0.72	0.84	-0.02	0.08	-0.23	0.87	0.32	0.3	-0.36	0.33	0.11	0.6	-0.04	0.69	0.75	0.29	-0.34	0.99		0.95	0.3	-0.29	0.4
Short Long Term Debt	0.39	0.73	0.77	0.8	0.01	0.07	-0.22	0.9	0.29	0.37	-0.34	0.3	0.18	0.61	-0.07	0.73	0.77	0.28	-0.41	0.93	0.95		0.36	-0.4	0.47
Net Invested Capital	0.52	0.39	0.71	0.19	0.48	0.35	0.31	0.45	0.58	0.91	-0.09	0.59	0.92	0.63	0.64	0.37	0.57	0.74	0.34	0.24	0.3	0.36		0.13	0.93
Net Working Capital	-0.02	0.0	-0.33	-0.07	0.06	-0.02	0.2	-0.45	0.04	-0.16	0.1	-0.03	0.2	-0.34	0.52	-0.33	-0.2	-0.17	0.4	-0.25	-0.29	-0.4	0.13		-0.2
Capital Stock	0.52	0.37	0.83	0.19	0.44	0.36	0.24	0.6	0.57	0.97	-0.13	0.62	0.82	0.73	0.52	0.5	0.63	0.79	0.19	0.32	0.4	0.47	0.93	-0.2

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Goodyear Current Valuation Historical Pattern

Today, most investors in Goodyear Tire Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Goodyear Tire'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 valuation growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Goodyear Tire current valuation as a starting point in their analysis.

Goodyear Tire Current Valuation

Timeline

Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.

Competition

Predict Goodyear Tire

Enterprise Value Over Time

In accordance with the recently published financial statements, Goodyear Tire Rubber has a Current Valuation of 11.92 B. This is 34.14% lower than that of the Automobile Components sector and 193.76% higher than that of the Consumer Discretionary industry. The current valuation for all United States stocks is 28.29% higher than that of the company.

Goodyear Current Valuation 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 Current Valuation 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 current valuation 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.

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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.

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Goodyear Tire Rubber Stock Current Valuation

Goodyear Tire Rubber Company Current Valuation Analysis

Enterprise Value

Market Cap + Debt

-

Cash

Current Goodyear Tire Current Valuation

Goodyear Current Valuation Driver Correlations

Goodyear Current Valuation Historical Pattern

Goodyear Current Valuation Peer Comparison

Goodyear Tire ESG Sustainability

Goodyear Fundamentals

About Goodyear Tire Fundamental Analysis

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Goodyear Stock Analysis

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