Advance Auto Net Worth

Advance Auto Net Worth Breakdown

  AAP
The net worth of Advance Auto Parts is the difference between its total assets and liabilities. Advance Auto's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Advance Auto's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Advance Auto's net worth can be used as a measure of its financial health and stability which can help investors to decide if Advance Auto is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Advance Auto Parts stock.

Advance Auto Net Worth Analysis

Advance Auto's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Advance Auto's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Advance Auto's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Advance Auto's net worth analysis. One common approach is to calculate Advance Auto's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Advance Auto's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Advance Auto's net worth. This approach calculates the present value of Advance Auto's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Advance Auto's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Advance Auto's net worth. This involves comparing Advance Auto's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Advance Auto's net worth relative to its peers.

Enterprise Value

1.51 Billion

To determine if Advance Auto is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Advance Auto's net worth research are outlined below:
Advance Auto Parts generated a negative expected return over the last 90 days
Over 99.0% of the company shares are held by institutions such as insurance companies
On 25th of October 2024 Advance Auto paid $ 0.25 per share dividend to its current shareholders
Latest headline from bizjournals.com: Acquisition by Carla Bailo of tradable shares of Advance Auto at 66.25 subject to Rule 16b-3

Advance Auto Quarterly Good Will

600.18 Million

Advance Auto uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Advance Auto Parts. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Advance Auto's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
27th of February 2024
Upcoming Quarterly Report
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29th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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27th of February 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Advance Auto's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Advance Auto is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Advance Auto Parts backward and forwards among themselves. Advance Auto's institutional investor refers to the entity that pools money to purchase Advance Auto's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Third Point, Llc2024-06-30
1.5 M
Dorsal Capital Management Llc2024-06-30
1.2 M
Ubs Group Ag2024-06-30
1.2 M
Royce & Associates, Lp2024-09-30
1.1 M
Jacobs Levy Equity Management, Inc.2024-06-30
965.5 K
Geode Capital Management, Llc2024-06-30
939.3 K
American Century Companies Inc2024-09-30
913.6 K
Legion Partners Asset Management, Llc2024-09-30
822.8 K
Estuary Capital Management, Lp2024-09-30
787 K
Blackrock Inc2024-06-30
7.4 M
Vanguard Group Inc2024-09-30
6.6 M
Note, although Advance Auto's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Advance Auto's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.44 B.

Market Cap

1.01 Billion

Project Advance Auto's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.04  0.05 
Return On Capital Employed 0.13  0.21 
Return On Assets 0.03  0.04 
Return On Equity 0.16  0.14 
When accessing Advance Auto's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Advance Auto's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Advance Auto's profitability and make more informed investment decisions.

Evaluate Advance Auto's management efficiency

At this time, Advance Auto's Return On Tangible Assets are relatively stable compared to the past year. As of 11/24/2024, Return On Capital Employed is likely to grow to 0.21, while Return On Equity is likely to drop 0.14. At this time, Advance Auto's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 11/24/2024, Non Current Liabilities Total is likely to grow to about 4.7 B, while Total Current Liabilities is likely to drop slightly above 2.9 B. Advance Auto's management efficiency ratios could be used to measure how well Advance Auto manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 38.76  40.70 
Tangible Book Value Per Share 14.73  9.92 
Enterprise Value Over EBITDA 11.74  8.46 
Price Book Value Ratio 3.93  4.85 
Enterprise Value Multiple 11.74  8.46 
Price Fair Value 3.93  4.85 
Enterprise Value1.6 B1.5 B
Evaluating the management effectiveness of Advance Auto allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Advance Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Enterprise Value Revenue
0.5164
Revenue
11.3 B
Quarterly Revenue Growth
(0)
Revenue Per Share
189.355
Return On Equity
(0)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Advance Auto insiders, such as employees or executives, is commonly permitted as long as it does not rely on Advance Auto's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Advance Auto insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Advance Auto Corporate Filings

F4
21st of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
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8K
14th of November 2024
Report filed with the SEC to announce major events that shareholders should know about
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13A
12th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
F3
8th of November 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
Advance Auto time-series forecasting models is one of many Advance Auto's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Advance Auto's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Advance Auto Earnings per Share Projection vs Actual

Advance Auto Corporate Directors

Bradley BussIndependent DirectorProfile
Sharon McCollamIndependent DirectorProfile
Arthur ValdezIndependent DirectorProfile
Sherice TorresIndependent DirectorProfile

Already Invested in Advance Auto Parts?

The danger of trading Advance Auto Parts is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Advance Auto is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Advance Auto. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Advance Auto Parts is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Advance Stock Analysis

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