Advance Stock Financials

AAP -  USA Stock  

USD 196.07  14.18  7.80%

Understanding current and past Advance Auto Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Advance Auto's financial statements are interrelated, with each one affecting the others. For example, an increase in Advance Auto's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Advance Auto's financials over time to get the whole picture.
Advance Auto Earnings Before Interest Taxes and Depreciation Amortization EBITDA are very stable at the moment as compared to the past year. Advance Auto reported last year Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 1.1 Billion. As of 22nd of May 2022, Earnings before Tax is likely to grow to about 813 M, while Average Assets are likely to drop about 10.7 B.
We suggest to use Advance Auto Parts fundamental analysis to see if markets are presently mispricing the company. Put another way, you can use it to find out if Advance Auto Parts is indeed mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze thirty-eight available fundamental indicators for Advance Auto Parts, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Advance Auto Parts financials, including its price to sales, debt to equity, beta, as well as the relationship between the net income and short ratio . Given that Advance Auto Parts has a price to earning of 18.52 X, we suggest you to validate Advance Auto Parts prevailing market performance to make sure the company can sustain itself down the road. Use Advance Auto to enhance returns of your portfolios. The stock experiences a very speculative upward sentiment. Check odds of Advance Auto to be traded at $245.09 in 90 days.
With this module, you can analyze Advance financials for your investing period. You should be able to track the changes in Advance Auto individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Advance Auto is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Advance Auto includes many different criteria found on its balance sheet. For example, investors should never minimize Advance Auto's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Advance Auto's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Advance Auto.

Advance Auto Parts Cash

Chance Of Financial Distress
Less than 9
Advance Auto Parts has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Advance Auto stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Advance Auto's official financial statements usually reflect Advance Auto's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Advance Auto Parts. For example, before you start analyzing numbers published by Advance accountants, it's critical to develop an understanding of what Advance Auto's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Advance Auto's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Advance Auto's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Advance Auto's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Advance Auto Parts. Please utilize our Beneish M Score to check the likelihood of Advance Auto's management to manipulate its earnings.

Advance Auto Company Summary

Advance Auto competes with Genuine Parts, and National Vision. Advance Auto Parts, Inc. provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks. The company was founded in 1929 and is based in Raleigh, North Carolina. Advance Auto operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 41000 people.
Consumer Cyclical, Specialty Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
LocationNorth Carolina; U.S.A
Business Address4200 Six Forks
SectorConsumer Cyclical
IndustrySpecialty Retail
Phone540 362 4911
CurrencyUSD - US Dollar
You should never invest in Advance Auto without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Advance Stock, because this is throwing your money away. Analyzing the key information contained in Advance Auto's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Advance Auto Key Financial Ratios

Generally speaking, Advance Auto's financial ratios allow both analysts and investors to convert raw data from Advance Auto's financial statements into concise, actionable information that can be used to evaluate the performance of Advance Auto over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Advance Auto Parts reports annually and quarterly.

Advance Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Advance Auto's current stock value. Our valuation model uses many indicators to compare Advance Auto value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Advance Auto competition to find correlations between indicators driving Advance Auto's intrinsic value. More Info.
Advance Auto Parts is rated third in shares owned by insiders category among related companies. It is number one stock in book value per share category among related companies creating about  114.80  of Book Value Per Share per Shares Owned by Insiders. Advance Auto Book Value per Share is very stable at the moment as compared to the past year. Advance Auto reported last year Book Value per Share of 48.86. Comparative valuation analysis is a catch-all model that can be used if you cannot value Advance Auto by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Advance Auto's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. 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 Advance Auto's earnings, one of the primary drivers of an investment's value.

Advance Auto Parts Systematic Risk

Advance Auto's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Advance Auto volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Advance Auto Parts correlated with the market. If Beta is less than 0 Advance Auto generally moves in the opposite direction as compared to the market. If Advance Auto Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Advance Auto Parts is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Advance Auto is generally in the same direction as the market. If Beta > 1 Advance Auto moves generally in the same direction as, but more than the movement of the benchmark.

About Advance Auto Financials

What exactly are Advance Auto Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Advance Auto's income statement, its balance sheet, and the statement of cash flows. Potential Advance Auto investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Advance Auto investors may use each financial statement separately, they are all related. The changes in Advance Auto's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Advance Auto's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Advance Auto is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Advance grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Advance Auto Thematic Clasifications

Advance Auto Parts is part of several thematic ideas from Macroaxis Index to Stores. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Macroaxis Index Idea
Macroaxis IndexView
Stores Idea

Advance Auto May 22, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Advance Auto help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Advance Auto Parts. We use our internally-developed statistical techniques to arrive at the intrinsic value of Advance Auto Parts based on widely used predictive technical indicators. In general, we focus on analyzing Advance Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Advance Auto's daily price indicators and compare them against related drivers.
Information Ratio(0.037619)
Maximum Drawdown13.53
Value At Risk(5.50)
Potential Upside3.75
Please continue to Trending Equities. Note that the Advance Auto Parts information on this page should be used as a complementary analysis to other Advance Auto's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.

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When running Advance Auto Parts price analysis, check to measure Advance Auto's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Advance Auto is operating at the current time. Most of Advance Auto's value examination focuses on studying past and present price action to predict the probability of Advance Auto's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Advance Auto's price. Additionally, you may evaluate how the addition of Advance Auto to your portfolios can decrease your overall portfolio volatility.
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Is Advance Auto'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 Advance Auto. If investors know Advance 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 Advance Auto listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Advance Auto Parts is measured differently than its book value, which is the value of Advance that is recorded on the company's balance sheet. Investors also form their own opinion of Advance Auto's value that differs from its market value or its book value, called intrinsic value, which is Advance Auto'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 Advance Auto's market value can be influenced by many factors that don't directly affect Advance Auto'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 Advance Auto's value and its price as these two are different measures arrived at by different means. Investors typically determine Advance Auto value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advance Auto'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.