Genuine Parts Net Worth
Genuine Parts Net Worth Breakdown | GPC |
Genuine Parts Net Worth Analysis
Genuine Parts' 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 Genuine Parts' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Genuine Parts' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Genuine Parts' net worth analysis. One common approach is to calculate Genuine Parts' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Genuine Parts' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Genuine Parts' net worth. This approach calculates the present value of Genuine Parts' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Genuine Parts' 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 Genuine Parts' net worth. This involves comparing Genuine Parts' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Genuine Parts' net worth relative to its peers.
Enterprise Value |
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To determine if Genuine Parts 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 Genuine Parts' net worth research are outlined below:
Genuine Parts generated a negative expected return over the last 90 days | |
Genuine Parts has high historical volatility and very poor performance | |
Over 82.0% of the company shares are owned by institutional investors | |
On 1st of October 2024 Genuine Parts paid $ 1.0 per share dividend to its current shareholders | |
Latest headline from thelincolnianonline.com: Venturi Wealth Management LLC Raises Stock Position in Genuine Parts |
Genuine Parts 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 Genuine Parts Co. 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 Genuine Parts' 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.
15th of February 2024 Upcoming Quarterly Report | View | |
18th of April 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of February 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Genuine Parts Target Price Consensus
Genuine target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Genuine Parts' target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
13 | Buy |
Most Genuine analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Genuine stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Genuine Parts, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationGenuine Parts Target Price Projection
Genuine Parts' current and average target prices are 122.69 and 156.55, respectively. The current price of Genuine Parts is the price at which Genuine Parts Co is currently trading. On the other hand, Genuine Parts' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Genuine Parts Market Quote on 22nd of November 2024
Target Price
Analyst Consensus On Genuine Parts Target Price
Know Genuine Parts' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Genuine Parts is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genuine Parts Co backward and forwards among themselves. Genuine Parts' institutional investor refers to the entity that pools money to purchase Genuine Parts' 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 | Bank Of America Corp | 2024-06-30 | 1.8 M | Norges Bank | 2024-06-30 | 1.7 M | Jpmorgan Chase & Co | 2024-06-30 | 1.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 1.5 M | Proshare Advisors Llc | 2024-09-30 | 1.3 M | Northern Trust Corp | 2024-09-30 | 1.3 M | Cullen Capital Management, Llc | 2024-09-30 | 1.3 M | Bb&t Corp. | 2024-09-30 | 1.3 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 1.3 M | Vanguard Group Inc | 2024-09-30 | 17.1 M | Blackrock Inc | 2024-06-30 | 10.8 M |
Follow Genuine Parts' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 16.79 B.Market Cap |
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Project Genuine Parts' profitablity
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.10 | 0.11 | |
Return On Capital Employed | 0.17 | 0.25 | |
Return On Assets | 0.07 | 0.11 | |
Return On Equity | 0.30 | 0.31 |
When accessing Genuine Parts' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Genuine Parts' 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 Genuine Parts' profitability and make more informed investment decisions.
Please note, the presentation of Genuine Parts' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Genuine Parts' management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Genuine Parts' management manipulating its earnings.
Evaluate Genuine Parts' management efficiency
Genuine Parts has Return on Asset of 0.056 % which means that on every $100 spent on assets, it made $0.056 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2442 %, implying that it generated $0.2442 on every 100 dollars invested. Genuine Parts' management efficiency ratios could be used to measure how well Genuine Parts manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.11. The current year's Return On Capital Employed is expected to grow to 0.25. At present, Genuine Parts' Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 997 M, whereas Intangible Assets are forecasted to decline to about 907.1 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 31.47 | 33.04 | |
Tangible Book Value Per Share | (0.79) | (0.75) | |
Enterprise Value Over EBITDA | 10.77 | 8.14 | |
Price Book Value Ratio | 4.42 | 2.74 | |
Enterprise Value Multiple | 10.77 | 8.14 | |
Price Fair Value | 4.42 | 2.74 | |
Enterprise Value | 15.3 B | 16.1 B |
Effective leadership at Genuine Parts drives its competitive edge in the market. Our analysis focuses on how this translates to financial performance and stock value.
Enterprise Value Revenue 0.9313 | Revenue 23.3 B | Quarterly Revenue Growth 0.025 | Revenue Per Share 167.12 | Return On Equity 0.2442 |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genuine Parts insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genuine Parts' 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 Genuine Parts 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.
Genuine Parts Corporate Filings
8K | 19th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 4th 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 | ViewVerify |
F3 | 21st of August 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 |
9th of August 2024 Other Reports | ViewVerify |
Genuine Parts Earnings Estimation Breakdown
The calculation of Genuine Parts' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Genuine Parts is estimated to be 2.04295 with the future projection ranging from a low of 2.0 to a high of 2.2. Please be aware that this consensus of annual earnings estimates for Genuine Parts Co is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
2.00 Lowest | Expected EPS | 2.20 Highest |
Genuine Parts Earnings Projection Consensus
Suppose the current estimates of Genuine Parts' value are higher than the current market price of the Genuine Parts stock. In this case, investors may conclude that Genuine Parts is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Genuine Parts' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 31st of December 2024 | Current EPS (TTM) | |
13 | 92.33% | 1.88 | 2.04295 | 7.76 |
Genuine Parts Earnings History
Earnings estimate consensus by Genuine Parts analysts from Wall Street is used by the market to judge Genuine Parts' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Genuine Parts' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Genuine Parts Quarterly Gross Profit |
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Genuine Parts Earnings per Share Projection vs Actual
Actual Earning per Share of Genuine Parts refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Genuine Parts Co predict the company's earnings will be in the future. The higher the earnings per share of Genuine Parts, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Genuine Parts Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Genuine Parts, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Genuine Parts should always be considered in relation to other companies to make a more educated investment decision.Genuine Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Genuine Parts' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2024-10-22 | 2024-09-30 | 2.42 | 1.88 | -0.54 | 22 | ||
2024-07-23 | 2024-06-30 | 2.59 | 2.44 | -0.15 | 5 | ||
2024-04-18 | 2024-03-31 | 2.16 | 2.22 | 0.06 | 2 | ||
2024-02-15 | 2023-12-31 | 2.2 | 2.26 | 0.06 | 2 | ||
2023-10-19 | 2023-09-30 | 2.4 | 2.49 | 0.09 | 3 | ||
2023-07-20 | 2023-06-30 | 2.34 | 2.44 | 0.1 | 4 | ||
2023-04-20 | 2023-03-31 | 2.03 | 2.14 | 0.11 | 5 | ||
2023-02-23 | 2022-12-31 | 1.89 | 2.05 | 0.16 | 8 | ||
2022-10-20 | 2022-09-30 | 2.05 | 2.23 | 0.18 | 8 | ||
2022-07-27 | 2022-06-30 | 2.03 | 2.2 | 0.17 | 8 | ||
2022-04-21 | 2022-03-31 | 1.67 | 1.86 | 0.19 | 11 | ||
2022-02-17 | 2021-12-31 | 1.6 | 1.79 | 0.19 | 11 | ||
2021-10-21 | 2021-09-30 | 1.64 | 1.88 | 0.24 | 14 | ||
2021-07-22 | 2021-06-30 | 1.54 | 1.74 | 0.2 | 12 | ||
2021-04-22 | 2021-03-31 | 1.15 | 1.5 | 0.35 | 30 | ||
2021-02-17 | 2020-12-31 | 1.35 | 1.52 | 0.17 | 12 | ||
2020-10-22 | 2020-09-30 | 1.4 | 1.63 | 0.23 | 16 | ||
2020-07-30 | 2020-06-30 | 0.93 | 1.32 | 0.39 | 41 | ||
2020-05-06 | 2020-03-31 | 1.07 | 0.92 | -0.15 | 14 | ||
2020-02-19 | 2019-12-31 | 1.3 | 1.35 | 0.05 | 3 | ||
2019-10-17 | 2019-09-30 | 1.47 | 1.5 | 0.03 | 2 | ||
2019-07-18 | 2019-06-30 | 1.65 | 1.57 | -0.08 | 4 | ||
2019-04-18 | 2019-03-31 | 1.3 | 1.28 | -0.02 | 1 | ||
2019-02-19 | 2018-12-31 | 1.31 | 1.35 | 0.04 | 3 | ||
2018-10-18 | 2018-09-30 | 1.48 | 1.48 | 0.0 | 0 | ||
2018-07-19 | 2018-06-30 | 1.58 | 1.59 | 0.01 | 0 | ||
2018-04-19 | 2018-03-31 | 1.31 | 1.27 | -0.04 | 3 | ||
2018-02-20 | 2017-12-31 | 1.09 | 1.12 | 0.03 | 2 | ||
2017-10-19 | 2017-09-30 | 1.28 | 1.16 | -0.12 | 9 | ||
2017-07-20 | 2017-06-30 | 1.31 | 1.29 | -0.02 | 1 | ||
2017-04-19 | 2017-03-31 | 1.05 | 1.08 | 0.03 | 2 | ||
2017-02-21 | 2016-12-31 | 1.01 | 1.02 | 0.01 | 0 | ||
2016-10-19 | 2016-09-30 | 1.28 | 1.24 | -0.04 | 3 | ||
2016-07-19 | 2016-06-30 | 1.29 | 1.28 | -0.01 | 0 | ||
2016-04-19 | 2016-03-31 | 1.03 | 1.05 | 0.02 | 1 | ||
2016-02-16 | 2015-12-31 | 1.01 | 1.07 | 0.06 | 5 | ||
2015-10-19 | 2015-09-30 | 1.23 | 1.24 | 0.01 | 0 | ||
2015-07-20 | 2015-06-30 | 1.32 | 1.28 | -0.04 | 3 | ||
2015-04-21 | 2015-03-31 | 1.05 | 1.05 | 0.0 | 0 | ||
2015-02-17 | 2014-12-31 | 1.06 | 1.07 | 0.01 | 0 | ||
2014-10-20 | 2014-09-30 | 1.24 | 1.24 | 0.0 | 0 | ||
2014-07-21 | 2014-06-30 | 1.26 | 1.28 | 0.02 | 1 | ||
2014-04-22 | 2014-03-31 | 1.02 | 1.02 | 0.0 | 0 | ||
2014-02-18 | 2013-12-31 | 0.93 | 0.97 | 0.04 | 4 | ||
2013-10-18 | 2013-09-30 | 1.19 | 1.12 | -0.07 | 5 | ||
2013-07-18 | 2013-06-30 | 1.21 | 1.17 | -0.04 | 3 | ||
2013-04-19 | 2013-03-31 | 0.99 | 0.93 | -0.06 | 6 | ||
2013-02-19 | 2012-12-31 | 0.93 | 1.03 | 0.1 | 10 | ||
2012-10-18 | 2012-09-30 | 1.12 | 1.11 | -0.01 | 0 | ||
2012-07-19 | 2012-06-30 | 1.08 | 1.08 | 0.0 | 0 | ||
2012-04-19 | 2012-03-31 | 0.87 | 0.93 | 0.06 | 6 | ||
2012-02-21 | 2011-12-31 | 0.83 | 0.86 | 0.03 | 3 | ||
2011-10-18 | 2011-09-30 | 0.94 | 0.97 | 0.03 | 3 | ||
2011-07-15 | 2011-06-30 | 0.89 | 0.96 | 0.07 | 7 | ||
2011-04-15 | 2011-03-31 | 0.75 | 0.8 | 0.05 | 6 | ||
2011-02-22 | 2010-12-31 | 0.7 | 0.75 | 0.05 | 7 | ||
2010-10-15 | 2010-09-30 | 0.76 | 0.83 | 0.07 | 9 | ||
2010-07-16 | 2010-06-30 | 0.71 | 0.78 | 0.07 | 9 | ||
2010-04-16 | 2010-03-31 | 0.61 | 0.63 | 0.02 | 3 | ||
2010-02-16 | 2009-12-31 | 0.5 | 0.62 | 0.12 | 24 | ||
2009-10-16 | 2009-09-30 | 0.65 | 0.67 | 0.02 | 3 | ||
2009-07-16 | 2009-06-30 | 0.62 | 0.65 | 0.03 | 4 | ||
2009-04-16 | 2009-03-31 | 0.49 | 0.56 | 0.07 | 14 | ||
2009-02-17 | 2008-12-31 | 0.56 | 0.55 | -0.01 | 1 | ||
2008-10-17 | 2008-09-30 | 0.78 | 0.81 | 0.03 | 3 | ||
2008-07-17 | 2008-06-30 | 0.79 | 0.81 | 0.02 | 2 | ||
2008-04-17 | 2008-03-31 | 0.75 | 0.75 | 0.0 | 0 | ||
2008-02-19 | 2007-12-31 | 0.76 | 0.75 | -0.01 | 1 | ||
2007-10-18 | 2007-09-30 | 0.77 | 0.76 | -0.01 | 1 | ||
2007-07-19 | 2007-06-30 | 0.76 | 0.76 | 0.0 | 0 | ||
2007-04-19 | 2007-03-31 | 0.72 | 0.71 | -0.01 | 1 | ||
2007-02-20 | 2006-12-31 | 0.69 | 0.7 | 0.01 | 1 | ||
2006-10-18 | 2006-09-30 | 0.7 | 0.71 | 0.01 | 1 | ||
2006-07-19 | 2006-06-30 | 0.69 | 0.7 | 0.01 | 1 | ||
2006-04-17 | 2006-03-31 | 0.66 | 0.66 | 0.0 | 0 | ||
2006-02-21 | 2005-12-31 | 0.62 | 0.63 | 0.01 | 1 | ||
2005-10-18 | 2005-09-30 | 0.61 | 0.63 | 0.02 | 3 | ||
2005-07-19 | 2005-06-30 | 0.62 | 0.63 | 0.01 | 1 | ||
2005-04-15 | 2005-03-31 | 0.61 | 0.61 | 0.0 | 0 | ||
2005-02-22 | 2004-12-31 | 0.54 | 0.55 | 0.01 | 1 | ||
2004-10-15 | 2004-09-30 | 0.56 | 0.56 | 0.0 | 0 | ||
2004-07-15 | 2004-06-30 | 0.57 | 0.58 | 0.01 | 1 | ||
2004-04-15 | 2004-03-31 | 0.54 | 0.57 | 0.03 | 5 | ||
2004-02-17 | 2003-12-31 | 0.5 | 0.5 | 0.0 | 0 | ||
2003-10-16 | 2003-09-30 | 0.51 | 0.51 | 0.0 | 0 | ||
2003-07-17 | 2003-06-30 | 0.56 | 0.52 | -0.04 | 7 | ||
2003-04-17 | 2003-03-31 | 0.52 | 0.51 | -0.01 | 1 | ||
2003-02-18 | 2002-12-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2002-10-17 | 2002-09-30 | 0.55 | 0.54 | -0.01 | 1 | ||
2002-07-18 | 2002-06-30 | 0.55 | 0.55 | 0.0 | 0 | ||
2002-04-16 | 2002-03-31 | 0.5 | 0.5 | 0.0 | 0 | ||
2002-02-19 | 2001-12-31 | 0.51 | 0.51 | 0.0 | 0 | ||
2001-10-17 | 2001-09-30 | 0.53 | 0.51 | -0.02 | 3 | ||
2001-07-18 | 2001-06-30 | 0.55 | 0.55 | 0.0 | 0 | ||
2001-04-17 | 2001-03-31 | 0.53 | 0.52 | -0.01 | 1 | ||
2001-02-20 | 2000-12-31 | 0.61 | 0.61 | 0.0 | 0 | ||
2000-10-18 | 2000-09-30 | 0.54 | 0.53 | -0.01 | 1 | ||
2000-07-19 | 2000-06-30 | 0.55 | 0.55 | 0.0 | 0 | ||
2000-04-18 | 2000-03-31 | 0.51 | 0.52 | 0.01 | 1 | ||
2000-02-22 | 1999-12-31 | 0.61 | 0.61 | 0.0 | 0 | ||
1999-10-20 | 1999-09-30 | 0.51 | 0.51 | 0.0 | 0 | ||
1999-07-21 | 1999-06-30 | 0.51 | 0.52 | 0.01 | 1 | ||
1999-04-20 | 1999-03-31 | 0.47 | 0.48 | 0.01 | 2 | ||
1999-02-16 | 1998-12-31 | 0.57 | 0.58 | 0.01 | 1 | ||
1998-10-21 | 1998-09-30 | 0.49 | 0.48 | -0.01 | 2 | ||
1998-07-22 | 1998-06-30 | 0.48 | 0.48 | 0.0 | 0 | ||
1998-04-21 | 1998-03-31 | 0.45 | 0.45 | 0.0 | 0 | ||
1998-02-17 | 1997-12-31 | 0.54 | 0.55 | 0.01 | 1 | ||
1997-10-22 | 1997-09-30 | 0.48 | 0.47 | -0.01 | 2 | ||
1997-07-22 | 1997-06-30 | 0.47 | 0.47 | 0.0 | 0 | ||
1997-04-22 | 1997-03-31 | 0.43 | 0.43 | 0.0 | 0 | ||
1997-02-18 | 1996-12-31 | 0.52 | 0.52 | 0.0 | 0 | ||
1996-10-17 | 1996-09-30 | 0.46 | 0.45 | -0.01 | 2 | ||
1996-07-18 | 1996-06-30 | 0.45 | 0.45 | 0.0 | 0 | ||
1996-04-18 | 1996-03-31 | 0.41 | 0.41 | 0.0 | 0 | ||
1996-02-19 | 1995-12-31 | 0.48 | 0.48 | 0.0 | 0 | ||
1995-10-18 | 1995-09-30 | 0.42 | 0.42 | 0.0 | 0 |
Genuine Parts Corporate Directors
Robert Loudermilk | Independent Director | Profile | |
John Johns | Lead Independent Director | Profile | |
Donna Hyland | Independent Director | Profile | |
Elizabeth Camp | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genuine Parts Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Distributors 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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 (0.35) | Dividend Share 3.95 | Earnings Share 7.76 | Revenue Per Share 167.12 | Quarterly Revenue Growth 0.025 |
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Genuine Parts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.