American Axle Revenue vs. Book Value Per Share
| AXL Stock | USD 6.82 0.30 4.60% |
Total Revenue | First Reported 1999-03-31 | Previous Quarter 1.6 B | Current Value 1.5 B | Quarterly Volatility 389.7 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.088 | 0.1027 |
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| Operating Profit Margin | 0.0226 | 0.0241 |
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For American Axle profitability analysis, we use financial ratios and fundamental drivers that measure the ability of American Axle to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well American Axle Manufacturing utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between American Axle's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of American Axle Manufacturing over time as well as its relative position and ranking within its peers.
American |
American Axle's Revenue Breakdown by Earning Segment
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Is Automotive Parts & Equipment 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 American Axle. If investors know American 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 American Axle 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 1.204 | Earnings Share 0.23 | Revenue Per Share 52.894 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0307 |
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle'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 American Axle's market value can be influenced by many factors that don't directly affect American Axle'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 American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle'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.
American Axle Manufa Book Value Per Share vs. Revenue Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining American Axle's current stock value. Our valuation model uses many indicators to compare American Axle value to that of its competitors to determine the firm's financial worth. American Axle Manufacturing is rated fifth in revenue category among its peers. It is rated below average in book value per share category among its peers . The ratio of Revenue to Book Value Per Share for American Axle Manufacturing is about 1,159,988,552 . At this time, American Axle's Total Revenue is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value American Axle by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.American Revenue vs. Competition
American Axle Manufacturing is rated fifth in revenue category among its peers. Market size based on revenue of Consumer Discretionary industry is presently estimated at about 83.45 Billion. American Axle holds roughly 6.08 Billion in revenue claiming about 7% of stocks in Consumer Discretionary industry.
American Book Value Per Share 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.
American Axle |
| = | 6.08 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.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
American Axle |
| = | 5.24 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
American Book Value Per Share Comparison
American Axle is currently under evaluation in book value per share category among its peers.
American Axle Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in American Axle, profitability is also one of the essential criteria for including it into their portfolios because, without profit, American Axle will eventually generate negative long term returns. The profitability progress is the general direction of American Axle's change in net profit over the period of time. It can combine multiple indicators of American Axle, 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 | ||
| Accumulated Other Comprehensive Income | -262.9 M | -276 M | |
| Operating Income | 146.6 M | 171.8 M | |
| Income Before Tax | -24.5 M | -23.3 M | |
| Total Other Income Expense Net | -171.1 M | -162.5 M | |
| Net Loss | -33.6 M | -31.9 M | |
| Income Tax Expense | 9.1 M | 9.6 M | |
| Net Income Applicable To Common Shares | 57.9 M | 60.5 M | |
| Net Loss | -600 K | -570 K | |
| Non Operating Income Net Other | 33.1 M | 34.8 M | |
| Interest Income | 24.3 M | 23.1 M | |
| Net Interest Income | -169.5 M | -178 M | |
| Change To Netincome | -43.4 M | -41.2 M | |
| Net Loss | (0.29) | (0.27) | |
| Income Quality | (11.79) | (11.20) | |
| Net Income Per E B T | 1.37 | 1.16 |
American Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on American Axle. 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 American Axle 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 American Axle's important profitability drivers and their relationship over time.
Use American Axle 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 American Axle 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 American Axle will appreciate offsetting losses from the drop in the long position's value.American Axle Pair Trading
American Axle Manufacturing Pair Trading Analysis
The ability to find closely correlated positions to American Axle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Axle 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 American Axle - 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 American Axle Manufacturing to buy it.
The correlation of American Axle 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 American Axle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Axle Manufa 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 American Axle 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 American Axle position
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To fully project American Axle's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of American Axle Manufa 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 American Axle's income statement, its balance sheet, and the statement of cash flows.