AutoNation Free Cash Flow vs Free Cash Flow Per Share Analysis

AN Stock  USD 172.46  2.41  1.42%   
AutoNation financial indicator trend analysis is way more than just evaluating AutoNation prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether AutoNation is a good investment. Please check the relationship between AutoNation Free Cash Flow and its Free Cash Flow Per Share accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.

Free Cash Flow vs Free Cash Flow Per Share

Free Cash Flow vs Free Cash Flow Per Share Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of AutoNation Free Cash Flow account and Free Cash Flow Per Share. At this time, the significance of the direction appears to have almost identical trend.
The correlation between AutoNation's Free Cash Flow and Free Cash Flow Per Share is 0.96. Overlapping area represents the amount of variation of Free Cash Flow that can explain the historical movement of Free Cash Flow Per Share in the same time period over historical financial statements of AutoNation, assuming nothing else is changed. The correlation between historical values of AutoNation's Free Cash Flow and Free Cash Flow Per Share is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Free Cash Flow of AutoNation are associated (or correlated) with its Free Cash Flow Per Share. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Per Share has no effect on the direction of Free Cash Flow i.e., AutoNation's Free Cash Flow and Free Cash Flow Per Share go up and down completely randomly.

Correlation Coefficient

0.96
Relationship DirectionPositive 
Relationship StrengthVery Strong

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Free Cash Flow Per Share

The amount of cash a company generates after accounting for capital expenditures, divided by the number of outstanding shares. It represents the cash available for dividends, share buybacks, or debt repayment per share.
Most indicators from AutoNation's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into AutoNation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.As of the 22nd of November 2024, Enterprise Value is likely to grow to about 11.9 B, while Selling General Administrative is likely to drop about 1.8 B.
 2021 2022 2023 2024 (projected)
EBITDA2.1B2.2B1.8B1.8B
EBIT1.9B2.0B1.5B1.6B

AutoNation fundamental ratios Correlations

0.30.90.830.820.820.740.20.950.450.20.970.27-0.150.840.60.890.490.860.610.590.78-0.020.84-0.9-0.9
0.30.180.230.640.630.6-0.060.370.98-0.060.24-0.45-0.680.690.760.150.02-0.050.69-0.250.66-0.020.16-0.45-0.45
0.90.180.740.590.760.480.090.750.320.090.950.340.20.740.320.960.470.860.290.780.57-0.10.95-0.71-0.71
0.830.230.740.790.670.760.450.740.40.450.790.34-0.120.740.510.810.440.710.480.590.60.10.76-0.85-0.85
0.820.640.590.790.860.910.20.870.750.20.74-0.09-0.570.930.930.60.290.60.890.260.940.010.54-0.93-0.93
0.820.630.760.670.860.75-0.040.760.73-0.040.82-0.05-0.320.970.750.760.350.730.740.520.85-0.270.76-0.83-0.83
0.740.60.480.760.910.750.250.770.70.250.650.1-0.660.840.840.550.40.50.850.170.80.080.5-0.89-0.89
0.2-0.060.090.450.2-0.040.250.180.071.00.160.11-0.060.050.040.19-0.080.110.040.090.040.050.06-0.19-0.19
0.950.370.750.740.870.760.770.180.50.180.870.08-0.370.810.740.710.370.760.730.370.870.00.64-0.88-0.88
0.450.980.320.40.750.730.70.070.50.070.38-0.41-0.650.790.820.30.060.110.74-0.110.75-0.050.29-0.58-0.58
0.2-0.060.090.450.2-0.040.251.00.180.070.160.11-0.060.050.040.19-0.080.110.040.090.040.050.06-0.19-0.19
0.970.240.950.790.740.820.650.160.870.380.160.350.00.820.50.940.560.890.520.680.7-0.020.9-0.86-0.86
0.27-0.450.340.34-0.09-0.050.10.110.08-0.410.110.350.450.01-0.330.490.650.32-0.180.39-0.280.480.48-0.28-0.28
-0.15-0.680.2-0.12-0.57-0.32-0.66-0.06-0.37-0.65-0.060.00.45-0.39-0.780.190.140.13-0.760.5-0.580.040.240.360.36
0.840.690.740.740.930.970.840.050.810.790.050.820.01-0.390.820.750.40.660.810.410.88-0.050.73-0.91-0.91
0.60.760.320.510.930.750.840.040.740.820.040.5-0.33-0.780.820.30.120.350.96-0.050.94-0.010.25-0.78-0.78
0.890.150.960.810.60.760.550.190.710.30.190.940.490.190.750.30.580.860.320.80.5-0.040.99-0.76-0.76
0.490.020.470.440.290.350.4-0.080.370.06-0.080.560.650.140.40.120.580.440.260.330.160.30.55-0.54-0.54
0.86-0.050.860.710.60.730.50.110.760.110.110.890.320.130.660.350.860.440.380.850.58-0.30.83-0.71-0.71
0.610.690.290.480.890.740.850.040.730.740.040.52-0.18-0.760.810.960.320.260.38-0.050.880.040.26-0.8-0.8
0.59-0.250.780.590.260.520.170.090.37-0.110.090.680.390.50.41-0.050.80.330.85-0.050.21-0.370.82-0.4-0.4
0.780.660.570.60.940.850.80.040.870.750.040.7-0.28-0.580.880.940.50.160.580.880.21-0.120.45-0.82-0.82
-0.02-0.02-0.10.10.01-0.270.080.050.0-0.050.05-0.020.480.04-0.05-0.01-0.040.3-0.30.04-0.37-0.12-0.08-0.18-0.18
0.840.160.950.760.540.760.50.060.640.290.060.90.480.240.730.250.990.550.830.260.820.45-0.08-0.71-0.71
-0.9-0.45-0.71-0.85-0.93-0.83-0.89-0.19-0.88-0.58-0.19-0.86-0.280.36-0.91-0.78-0.76-0.54-0.71-0.8-0.4-0.82-0.18-0.711.0
-0.9-0.45-0.71-0.85-0.93-0.83-0.89-0.19-0.88-0.58-0.19-0.86-0.280.36-0.91-0.78-0.76-0.54-0.71-0.8-0.4-0.82-0.18-0.711.0
Click cells to compare fundamentals

AutoNation Account Relationship Matchups

AutoNation fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.5B9.9B8.9B10.1B12.4B7.6B
Other Current Liab608.7M723.2M816.3M856M4.3B4.5B
Total Current Liabilities5.1B4.2B3.1B3.4B5.6B3.2B
Total Stockholder Equity3.2B3.2B2.4B2.0B2.2B2.6B
Property Plant And Equipment Net3.5B3.4B3.7B3.9B4.2B4.4B
Net Debt6.0B4.6B4.9B6.3B8.0B8.4B
Retained Earnings3.7B4.1B4.6B3.7B4.6B4.9B
Cash42M569.6M60.4M72.6M60.8M57.8M
Non Current Assets Total6.1B5.7B6.1B6.9B8.0B4.2B
Non Currrent Assets Other382.1M580.4M449.6M438.5M1.4B1.5B
Cash And Short Term Investments42M569.6M60.4M72.6M60.8M57.8M
Net Receivables916.7M870.9M760.4M886.5M1.1B712.5M
Common Stock Shares Outstanding90.5M88.7M75M56.7M44.9M42.7M
Liabilities And Stockholders Equity10.5B9.9B8.9B10.1B12.4B7.6B
Other Stockholder Equity(527.2M)(834.7M)(2.3B)(1.6B)(2.4B)(2.3B)
Total Liab7.4B6.7B6.6B8.0B10.1B10.7B
Property Plant And Equipment Gross3.5B3.4B5.5B5.9B6.3B6.6B
Total Current Assets4.4B4.2B2.8B3.1B4.3B3.4B
Other Current Assets146.6M113.7M143M130.6M149.2M141.7M
Short Long Term Debt Total6.1B5.2B5.0B6.4B4.7B3.4B
Non Current Liabilities Total2.3B2.5B3.5B4.6B4.2B4.4B
Short Term Debt4.2B3.1B1.8B2.2B952.4M1.9B
Intangible Assets581.6M521.5M743.5M837M927.8M780.3M
Accounts Payable290.3M335.2M395.9M327.6M344.7M373.5M
Inventory3.3B2.6B1.8B2.0B3.0B2.6B
Other Liab397.5M406.5M400.5M409.5M470.9M243.2M
Other Assets541M891M390.7M522.2M600.5M346.7M
Long Term Debt1.6B1.8B2.8B312.9M3.4B3.5B
Treasury Stock(563.1M)(887.8M)(2.3B)(1.6B)(1.5B)(1.4B)
Property Plant Equipment3.2B3.1B3.4B3.6B4.1B2.5B
Good Will1.5B1.2B1.2B1.3B1.5B1.5B
Net Tangible Assets1.4B1.8B658.3M500.5M450.5M427.9M
Retained Earnings Total Equity3.7B4.1B4.6B3.7B4.2B3.6B
Long Term Debt Total1.6B1.8B2.8B3.6B4.1B2.2B
Capital Surpluse35.9M53.1M3.2M3.1M2.8M2.7M
Deferred Long Term Liab135.1M95.9M78.2M76.5M88.0M97.3M

Pair Trading with AutoNation

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AutoNation position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AutoNation will appreciate offsetting losses from the drop in the long position's value.

Moving together with AutoNation Stock

  0.7FL Foot Locker Earnings Call This WeekPairCorr
The ability to find closely correlated positions to AutoNation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoNation when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AutoNation - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AutoNation to buy it.
The correlation of AutoNation is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AutoNation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoNation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AutoNation can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AutoNation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in AutoNation Stock, please use our How to Invest in AutoNation guide.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Automotive Retail 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 AutoNation. If investors know AutoNation 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 AutoNation 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
(0.17)
Earnings Share
17.4
Revenue Per Share
638.438
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0657
The market value of AutoNation is measured differently than its book value, which is the value of AutoNation that is recorded on the company's balance sheet. Investors also form their own opinion of AutoNation's value that differs from its market value or its book value, called intrinsic value, which is AutoNation'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 AutoNation's market value can be influenced by many factors that don't directly affect AutoNation'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 AutoNation's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoNation is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoNation'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.