Academy Sports Revenue vs. Net Income
| ASO Stock | USD 46.64 0.85 1.86% |
Total Revenue | First Reported 2019-07-31 | Previous Quarter 1.4 B | Current Value 1.5 B | Quarterly Volatility 202.1 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.3 | 0.3426 |
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| Net Profit Margin | 0.0249 | 0.0843 |
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| Operating Profit Margin | 0.0371 | 0.1101 |
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| Pretax Profit Margin | 0.0254 | 0.1077 |
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| Return On Assets | 0.0277 | 0.111 |
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For Academy Sports profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Academy Sports to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Academy Sports Outdoors utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Academy Sports's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Academy Sports Outdoors over time as well as its relative position and ranking within its peers.
Academy |
Academy Sports' Revenue Breakdown by Earning Segment
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Is Other Specialty 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 Academy Sports. If investors know Academy 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 Academy Sports 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 (0.03) | Dividend Share 0.42 | Earnings Share 6.44 | Revenue Per Share 82.956 | Quarterly Revenue Growth (0.02) |
The market value of Academy Sports Outdoors is measured differently than its book value, which is the value of Academy that is recorded on the company's balance sheet. Investors also form their own opinion of Academy Sports' value that differs from its market value or its book value, called intrinsic value, which is Academy Sports' 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 Academy Sports' market value can be influenced by many factors that don't directly affect Academy Sports' 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 Academy Sports' value and its price as these two are different measures arrived at by different means. Investors typically determine if Academy Sports is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Academy Sports' 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.
Academy Sports Outdoors Net Income vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Academy Sports's current stock value. Our valuation model uses many indicators to compare Academy Sports value to that of its competitors to determine the firm's financial worth. Academy Sports Outdoors is rated below average in revenue category among its peers. It is rated below average in net income category among its peers making up about 0.08 of Net Income per Revenue. The ratio of Revenue to Net Income for Academy Sports Outdoors is roughly 11.86 . At this time, Academy Sports' Total Revenue is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Academy Sports' earnings, one of the primary drivers of an investment's value.Academy Revenue vs. Competition
Academy Sports Outdoors is rated below average in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 171.38 Billion. Academy Sports holds roughly 6.16 Billion in revenue claiming about 4% of stocks in Consumer Discretionary industry.
Academy Net Income vs. Revenue
Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Academy Sports |
| = | 6.16 B |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Academy Sports |
| = | 519.19 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Academy Net Income Comparison
Academy Sports is currently under evaluation in net income category among its peers.
Academy Sports Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Academy Sports, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Academy Sports will eventually generate negative long term returns. The profitability progress is the general direction of Academy Sports' change in net profit over the period of time. It can combine multiple indicators of Academy Sports, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | -46.1 M | -48.4 M | |
| Operating Income | 677.9 M | 521.5 M | |
| Net Income From Continuing Ops | 519.2 M | 365.7 M | |
| Income Before Tax | 663.2 M | 453.8 M | |
| Total Other Income Expense Net | -14.7 M | -15.4 M | |
| Net Income Applicable To Common Shares | 722.2 M | 758.3 M | |
| Net Income | 519.2 M | 365.7 M | |
| Income Tax Expense | 144 M | 88.1 M | |
| Non Operating Income Net Other | 20.9 M | 22 M | |
| Change To Netincome | 74.7 M | 78.5 M | |
| Net Income Per Share | 6.89 | 1.33 | |
| Income Quality | 1.03 | 2.20 | |
| Net Income Per E B T | 0.78 | 0.98 |
Academy Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Academy Sports. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Academy Sports position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Academy Sports' important profitability drivers and their relationship over time.
Use Academy Sports in pair-trading
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 Academy Sports 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 Academy Sports will appreciate offsetting losses from the drop in the long position's value.Academy Sports Pair Trading
Academy Sports Outdoors Pair Trading Analysis
The ability to find closely correlated positions to Academy Sports could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Academy Sports 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 Academy Sports - 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 Academy Sports Outdoors to buy it.
The correlation of Academy Sports 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 Academy Sports moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Academy Sports Outdoors 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 Academy Sports 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.Use Investing Themes to Complement your Academy Sports position
In addition to having Academy Sports in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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To fully project Academy Sports' future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Academy Sports Outdoors at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Academy Sports' income statement, its balance sheet, and the statement of cash flows.