Autonation Probability Of Bankruptcy

AN
 Stock
  

USD 120.28  1.11  0.93%   

Autonation Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Autonation Probability Of Bankruptcy is determined by interpolating and adjusting Autonation Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Autonation balance sheet as well as cash flow and income statements available from the company's most recent filings. Please continue to Autonation Piotroski F Score and Autonation Altman Z Score analysis.
  
Autonation Free Cash Flow is quite stable at the moment as compared to the past year. The company's current value of Free Cash Flow is estimated at 1.52 Billion. Tangible Asset Value is expected to rise to about 7.9 B this year, although the value of Revenue Per Employee will most likely fall to about 961.7 K.

Autonation Probability Of Bankruptcy Analysis

Autonation's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2019 2020 2021 2022 (projected)
Revenue Per Employee853.43 K941.4 K1.16 M961.74 K
Net Income Per Employee18 K17.62 K61.85 K66.73 K
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Autonation Probability Of Bankruptcy

    
  15%  
Most of Autonation's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Autonation is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Autonation probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Autonation odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Autonation financial health.
Is Autonation's industry 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 Autonation. If investors know Autonation 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 Autonation 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 YOY
0.23
Market Capitalization
5.9 B
Quarterly Revenue Growth YOY
0.045
Return On Assets
0.15
Return On Equity
0.64
The market value of Autonation is measured differently than its book value, which is the value of Autonation that is recorded on the company's balance sheet. Investors also form their own opinion of Autonation's value that differs from its market value or its book value, called intrinsic value, which is Autonation'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 Autonation's market value can be influenced by many factors that don't directly affect Autonation'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 Autonation's value and its price as these two are different measures arrived at by different means. Investors typically determine Autonation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autonation'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.

Autonation Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Autonation is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Autonation's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Autonation's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Autonation's interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Autonation has a Probability Of Bankruptcy of 15.0%. This is 63.76% lower than that of the Consumer Cyclical sector and 69.93% lower than that of the Auto & Truck Dealerships industry. The probability of bankruptcy for all United States stocks is 62.34% higher than that of the company.

Autonation Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Autonation's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Autonation could also be used in its relative valuation, which is a method of valuing Autonation by comparing valuation metrics of similar companies.
Autonation is currently under evaluation in probability of bankruptcy category among related companies.

Autonation Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets4.283.784.243.7414.5815.73
Asset Turnover2.22.122.052.011.992.74
Total Debt2.7 B2.6 B2.41 B2.39 B3.46 B3.21 B
Total Liabilities7.9 B7.95 B7.38 B6.65 B6.57 B6.17 B
Current Liabilities5.64 B5.66 B5.1 B4.17 B3.06 B3.38 B
Total Assets10.27 B10.67 B10.54 B9.89 B8.94 B8.41 B
Current Assets4.8 B4.88 B4.41 B4.15 B2.81 B3.13 B
Net Cash Flow from Operations540.1 M511 M769.2 M1.21 B1.63 B1.76 B
Weighted Average Shares97.8 M90.9 M90.1 M88.3 M74.2 M102.79 M
Weighted Average Shares Diluted98.2 M91.3 M90.5 M88.7 M75 M103.9 M

Autonation Fundamentals

About Autonation Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Autonation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Autonation using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Autonation based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. AutoNation, Inc. was founded in 1991 and is headquartered in Fort Lauderdale, Florida. Autonation operates under Auto Truck Dealerships classification in the United States and is traded on New York Stock Exchange. It employs 22200 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Autonation without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Autonation

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 Autonation 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 Autonation will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autonation

+0.78GPIGroup 1 Automotive Normal TradingPairCorr
+0.86FFord Motor Potential GrowthPairCorr
+0.71GMGeneral Motors Potential GrowthPairCorr
+0.65TENTenneco Automotive DelistingPairCorr
The ability to find closely correlated positions to Autonation could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autonation 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 Autonation - 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 Autonation to buy it.
The correlation of Autonation is a statistical measure of how it moves in relation to other equities. 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 Autonation moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autonation 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 Autonation 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.
Pair CorrelationCorrelation Matching
Please continue to Autonation Piotroski F Score and Autonation Altman Z Score analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Autonation's industry 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 Autonation. If investors know Autonation 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 Autonation 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 YOY
0.23
Market Capitalization
5.9 B
Quarterly Revenue Growth YOY
0.045
Return On Assets
0.15
Return On Equity
0.64
The market value of Autonation is measured differently than its book value, which is the value of Autonation that is recorded on the company's balance sheet. Investors also form their own opinion of Autonation's value that differs from its market value or its book value, called intrinsic value, which is Autonation'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 Autonation's market value can be influenced by many factors that don't directly affect Autonation'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 Autonation's value and its price as these two are different measures arrived at by different means. Investors typically determine Autonation value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autonation'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.