Ross Stores Stock Beta

ROST Stock

USD 149.15 0.15 0.10%

Ross Stores fundamentals help investors to digest information that contributes to Ross Stores' financial success or failures. It also enables traders to predict the movement of Ross Stock. The fundamental analysis module provides a way to measure Ross Stores' 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 Ross Stores stock.

Short Long Term Debt Total Total Assets

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Ross Stores Company Beta Analysis

Ross Stores' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Ross Stores Beta

1.1

Most of Ross Stores' fundamental indicators, such as Beta, 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, Ross Stores is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Ross Beta Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Current Deferred Revenue	Short Term Investments	Good Will	Net Tangible Assets	Long Term Debt	Net Invested Capital	Long Term Investments	Capital Stock	Net Working Capital	Property Plant Equipment	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Treasury Stock	Accumulated Depreciation
Total Assets		0.95	0.71	0.95	0.96	0.99	0.99	0.93	-0.65	0.97	0.44	-0.38	-0.71	-0.59	0.72	0.9	0.7	-0.59	-0.84	0.85	0.68	0.81	-0.59	-0.59	-0.59	0.58	0.58
Total Stockholder Equity	0.95		0.55	1.0	0.98	0.9	0.94	0.88	-0.76	0.9	0.55	-0.19	-0.75	-0.63	0.71	0.75	0.64	-0.63	-0.83	0.74	0.51	0.76	-0.63	-0.63	-0.63	0.62	0.62
Net Debt	0.71	0.55		0.57	0.59	0.76	0.63	0.71	-0.24	0.62	0.11	-0.28	-0.4	-0.33	0.51	0.64	0.43	-0.33	-0.59	0.5	0.77	0.55	-0.33	-0.33	-0.33	0.33	0.33
Retained Earnings	0.95	1.0	0.57		0.97	0.9	0.94	0.89	-0.73	0.9	0.53	-0.2	-0.72	-0.64	0.72	0.76	0.65	-0.64	-0.84	0.75	0.51	0.78	-0.64	-0.64	-0.64	0.62	0.62
Net Receivables	0.96	0.98	0.59	0.97		0.92	0.94	0.88	-0.75	0.94	0.59	-0.2	-0.82	-0.54	0.69	0.79	0.56	-0.54	-0.77	0.75	0.56	0.74	-0.54	-0.54	-0.54	0.53	0.53
Total Liab	0.99	0.9	0.76	0.9	0.92		0.98	0.92	-0.59	0.97	0.39	-0.44	-0.67	-0.55	0.7	0.93	0.71	-0.55	-0.81	0.86	0.73	0.8	-0.55	-0.55	-0.55	0.54	0.54
Total Current Assets	0.99	0.94	0.63	0.94	0.94	0.98		0.91	-0.64	0.98	0.43	-0.44	-0.69	-0.58	0.72	0.92	0.72	-0.58	-0.83	0.89	0.64	0.83	-0.58	-0.58	-0.58	0.57	0.57
Short Term Debt	0.93	0.88	0.71	0.89	0.88	0.92	0.91		-0.49	0.88	0.39	-0.34	-0.61	-0.46	0.71	0.84	0.69	-0.46	-0.74	0.78	0.64	0.76	-0.46	-0.46	-0.46	0.48	0.48
Intangible Assets	-0.65	-0.76	-0.24	-0.73	-0.75	-0.59	-0.64	-0.49		-0.65	-0.42	0.03	0.76	0.72	-0.29	-0.36	-0.33	0.72	0.69	-0.35	-0.34	-0.33	0.72	0.72	0.72	-0.54	-0.54
Accounts Payable	0.97	0.9	0.62	0.9	0.94	0.97	0.98	0.88	-0.65		0.51	-0.36	-0.77	-0.49	0.61	0.91	0.68	-0.49	-0.72	0.84	0.71	0.75	-0.49	-0.49	-0.49	0.47	0.47
Common Stock	0.44	0.55	0.11	0.53	0.59	0.39	0.43	0.39	-0.42	0.51		0.36	-0.75	0.09	0.26	0.3	0.25	0.09	-0.08	0.26	0.24	0.26	0.09	0.09	0.09	0.1	0.1
Current Deferred Revenue	-0.38	-0.19	-0.28	-0.2	-0.2	-0.44	-0.44	-0.34	0.03	-0.36	0.36		-0.05	0.29	-0.46	-0.62	-0.44	0.29	0.43	-0.66	-0.2	-0.53	0.29	0.29	0.29	-0.29	-0.29
Short Term Investments	-0.71	-0.75	-0.4	-0.72	-0.82	-0.67	-0.69	-0.61	0.76	-0.77	-0.75	-0.05		0.22	-0.38	-0.52	-0.37	0.22	0.4	-0.45	-0.49	-0.44	0.22	0.22	0.22	-0.22	-0.22
Good Will	-0.59	-0.63	-0.33	-0.64	-0.54	-0.55	-0.58	-0.46	0.72	-0.49	0.09	0.29	0.22		-0.36	-0.37	-0.42	1.0	0.9	-0.39	-0.32	-0.38	1.0	1.0	1.0	-0.8	-0.8
Net Tangible Assets	0.72	0.71	0.51	0.72	0.69	0.7	0.72	0.71	-0.29	0.61	0.26	-0.46	-0.38	-0.36		0.74	0.59	-0.36	-0.69	0.82	0.11	0.9	-0.36	-0.36	-0.36	0.61	0.61
Long Term Debt	0.9	0.75	0.64	0.76	0.79	0.93	0.92	0.84	-0.36	0.91	0.3	-0.62	-0.52	-0.37	0.74		0.71	-0.37	-0.68	0.97	0.6	0.85	-0.37	-0.37	-0.37	0.45	0.45
Net Invested Capital	0.7	0.64	0.43	0.65	0.56	0.71	0.72	0.69	-0.33	0.68	0.25	-0.44	-0.37	-0.42	0.59	0.71		-0.42	-0.64	0.74	0.47	0.67	-0.42	-0.42	-0.42	0.63	0.63
Long Term Investments	-0.59	-0.63	-0.33	-0.64	-0.54	-0.55	-0.58	-0.46	0.72	-0.49	0.09	0.29	0.22	1.0	-0.36	-0.37	-0.42		0.9	-0.39	-0.32	-0.38	1.0	1.0	1.0	-0.8	-0.8
Capital Stock	-0.84	-0.83	-0.59	-0.84	-0.77	-0.81	-0.83	-0.74	0.69	-0.72	-0.08	0.43	0.4	0.9	-0.69	-0.68	-0.64	0.9		-0.69	-0.45	-0.7	0.9	0.9	0.9	-0.83	-0.83
Net Working Capital	0.85	0.74	0.5	0.75	0.75	0.86	0.89	0.78	-0.35	0.84	0.26	-0.66	-0.45	-0.39	0.82	0.97	0.74	-0.39	-0.69		0.41	0.91	-0.39	-0.39	-0.39	0.52	0.52
Property Plant Equipment	0.68	0.51	0.77	0.51	0.56	0.73	0.64	0.64	-0.34	0.71	0.24	-0.2	-0.49	-0.32	0.11	0.6	0.47	-0.32	-0.45	0.41		0.34	-0.32	-0.32	-0.32	0.2	0.2
Short Long Term Debt	0.81	0.76	0.55	0.78	0.74	0.8	0.83	0.76	-0.33	0.75	0.26	-0.53	-0.44	-0.38	0.9	0.85	0.67	-0.38	-0.7	0.91	0.34		-0.38	-0.38	-0.38	0.54	0.54
Long Term Debt Total	-0.59	-0.63	-0.33	-0.64	-0.54	-0.55	-0.58	-0.46	0.72	-0.49	0.09	0.29	0.22	1.0	-0.36	-0.37	-0.42	1.0	0.9	-0.39	-0.32	-0.38		1.0	1.0	-0.8	-0.8
Capital Surpluse	-0.59	-0.63	-0.33	-0.64	-0.54	-0.55	-0.58	-0.46	0.72	-0.49	0.09	0.29	0.22	1.0	-0.36	-0.37	-0.42	1.0	0.9	-0.39	-0.32	-0.38	1.0		1.0	-0.8	-0.8
Deferred Long Term Liab	-0.59	-0.63	-0.33	-0.64	-0.54	-0.55	-0.58	-0.46	0.72	-0.49	0.09	0.29	0.22	1.0	-0.36	-0.37	-0.42	1.0	0.9	-0.39	-0.32	-0.38	1.0	1.0		-0.8	-0.8
Treasury Stock	0.58	0.62	0.33	0.62	0.53	0.54	0.57	0.48	-0.54	0.47	0.1	-0.29	-0.22	-0.8	0.61	0.45	0.63	-0.8	-0.83	0.52	0.2	0.54	-0.8	-0.8	-0.8		1.0
Accumulated Depreciation	0.58	0.62	0.33	0.62	0.53	0.54	0.57	0.48	-0.54	0.47	0.1	-0.29	-0.22	-0.8	0.61	0.45	0.63	-0.8	-0.83	0.52	0.2	0.54	-0.8	-0.8	-0.8	1.0

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Ross Stores

In accordance with the recently published financial statements, Ross Stores has a Beta of 1.1. This is 30.95% higher than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Ross Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ross Stores' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ross Stores could also be used in its relative valuation, which is a method of valuing Ross Stores by comparing valuation metrics of similar companies.

Ross Stores is currently under evaluation in beta category among its peers.

Ross Stores 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, Ross Stores' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Ross Stores' managers, analysts, and investors.

Environmental

Governance

Social

Ross Stores Institutional Holders

Institutional Holdings refers to the ownership stake in Ross Stores that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ross Stores' 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 Ross Stores' value.

		Shares
Morgan Stanley - Brokerage Accounts	2024-09-30	4.8 M
Franklin Resources Inc	2024-09-30	4.4 M
Goldman Sachs Group Inc	2024-09-30	4.4 M
Norges Bank	2024-06-30	4.1 M
Massachusetts Financial Services Company	2024-09-30	4 M
Marshfield Associates	2024-09-30	3.9 M
Wellington Management Company Llp	2024-09-30	3.9 M
Amvescap Plc.	2024-09-30	3.7 M
Victory Capital Management Inc.	2024-09-30	3.4 M
Vanguard Group Inc	2024-09-30	29.4 M
Blackrock Inc	2024-09-30	25.3 M

Ross Stores returns are very sensitive to returns on the market. As the market goes up or down, Ross Stores is expected to follow.

Ross Fundamentals

	Return On Equity	0.43
	Return On Asset	0.11
	Profit Margin	0.1 %
	Operating Margin	0.12 %
	Current Valuation	50.55 B
	Shares Outstanding	329.93 M
	Shares Owned By Insiders	2.11 %
	Shares Owned By Institutions	91.81 %
	Number Of Shares Shorted	5.1 M
	Price To Earning	28.07 X
	Price To Book	9.34 X
	Price To Sales	2.33 X
	Revenue	20.38 B
	Gross Profit	6.85 B
	EBITDA	2.97 B
	Net Income	1.87 B
	Cash And Equivalents	3.91 B
	Cash Per Share	11.42 X
	Total Debt	5.75 B
	Debt To Equity	1.38 %
	Current Ratio	1.95 X
	Book Value Per Share	14.53 X
	Cash Flow From Operations	2.51 B
	Short Ratio	2.19 X
	Earnings Per Share	6.35 X
	Price To Earnings To Growth	1.94 X
	Target Price	168.43
	Number Of Employees	108 K
	Beta	1.1
	Market Capitalization	49.16 B
	Total Asset	14.3 B
	Retained Earnings	3.55 B
	Working Capital	3.21 B
	Current Asset	2.37 B
	Current Liabilities	1.6 B
	Annual Yield	0.01 %
	Five Year Return	0.90 %
	Net Asset	14.3 B

About Ross Stores Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ross Stores's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ross Stores using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ross Stores 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 Ross Stock Analysis

When running Ross Stores' price analysis, check to measure Ross Stores' 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 Ross Stores is operating at the current time. Most of Ross Stores' value examination focuses on studying past and present price action to predict the probability of Ross Stores' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ross Stores' price. Additionally, you may evaluate how the addition of Ross Stores to your portfolios can decrease your overall portfolio volatility.

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