AutoZone EBITDA vs. Cash Per Share
| AZO Stock | USD 3,170 20.56 0.64% |
EBITDA | First Reported 2010-12-31 | Previous Quarter 4.3 B | Current Value 4.6 B | Quarterly Volatility 1.2 B |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.38 | 0.5309 |
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| Net Profit Margin | 0.0772 | 0.144 |
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| Operating Profit Margin | 0.13 | 0.2049 |
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| Pretax Profit Margin | 0.11 | 0.1805 |
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| Return On Assets | 0.1 | 0.155 |
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For AutoZone profitability analysis, we use financial ratios and fundamental drivers that measure the ability of AutoZone to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well AutoZone utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between AutoZone's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of AutoZone over time as well as its relative position and ranking within its peers.
AutoZone |
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 AutoZone. If investors know AutoZone 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 AutoZone 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 0.117 | Earnings Share 149.62 | Revenue Per Share 1.1 K | Quarterly Revenue Growth 0.09 | Return On Assets 0.1428 |
The market value of AutoZone is measured differently than its book value, which is the value of AutoZone that is recorded on the company's balance sheet. Investors also form their own opinion of AutoZone's value that differs from its market value or its book value, called intrinsic value, which is AutoZone'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 AutoZone's market value can be influenced by many factors that don't directly affect AutoZone'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 AutoZone's value and its price as these two are different measures arrived at by different means. Investors typically determine if AutoZone is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AutoZone'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.
AutoZone Cash Per Share vs. EBITDA Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining AutoZone's current stock value. Our valuation model uses many indicators to compare AutoZone value to that of its competitors to determine the firm's financial worth. AutoZone is number one stock in ebitda category among its peers. It is rated third in cash per share category among its peers . The ratio of EBITDA to Cash Per Share for AutoZone is about 262,687,311 . At this time, AutoZone's EBITDA 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 AutoZone's earnings, one of the primary drivers of an investment's value.AutoZone Cash Per Share vs. EBITDA
EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
AutoZone |
| = | 4.35 B |
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
AutoZone |
| = | 16.55 X |
Companies with high Cash per Share ratio will be considered as an attractive investment by most investors. In most industries if you can single out an equity instrument trading below its cash per share value, you have a bargain and should consider buying it. Finding the stocks traded below their cash value, therefore, can be a good starting point for investors using strategies based on fundamentals.
AutoZone Cash Per Share Comparison
AutoZone is currently under evaluation in cash per share category among its peers.
AutoZone Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in AutoZone, profitability is also one of the essential criteria for including it into their portfolios because, without profit, AutoZone will eventually generate negative long term returns. The profitability progress is the general direction of AutoZone's change in net profit over the period of time. It can combine multiple indicators of AutoZone, 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 | -361.6 M | -343.5 M | |
| Operating Income | 3.8 B | 4 B | |
| Income Before Tax | 3.3 B | 3.5 B | |
| Total Other Income Expense Net | -451.6 M | -429 M | |
| Net Income | 2.7 B | 2.8 B | |
| Income Tax Expense | 674.7 M | 377.1 M | |
| Net Income Applicable To Common Shares | 2.9 B | 3.1 B | |
| Net Income From Continuing Ops | 2.7 B | 1.7 B | |
| Interest Income | 11.3 M | 10.7 M | |
| Net Interest Income | -451.6 M | -429 M | |
| Change To Netincome | 128.1 M | 134.5 M | |
| Net Income Per Share | 153.82 | 161.51 | |
| Income Quality | 1.13 | 1.54 | |
| Net Income Per E B T | 0.80 | 0.53 |
AutoZone Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on AutoZone. 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 AutoZone 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 AutoZone's important profitability drivers and their relationship over time.
Use AutoZone 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 AutoZone 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 AutoZone will appreciate offsetting losses from the drop in the long position's value.AutoZone Pair Trading
AutoZone Pair Trading Analysis
The ability to find closely correlated positions to AutoZone could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AutoZone 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 AutoZone - 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 AutoZone to buy it.
The correlation of AutoZone 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 AutoZone moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AutoZone 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 AutoZone 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 AutoZone position
In addition to having AutoZone 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?
Run Machinery Thematic Idea Now
Machinery
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Machinery theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Machinery Theme or any other thematic opportunities.
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Check out Trending Equities. To learn how to invest in AutoZone Stock, please use our How to Invest in AutoZone guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
To fully project AutoZone's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of AutoZone 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 AutoZone's income statement, its balance sheet, and the statement of cash flows.