Genuine Probability Of Bankruptcy

GPC
 Stock
  

USD 138.03  1.28  0.94%   

Genuine Parts 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. Genuine Parts Probability Of Bankruptcy is determined by interpolating and adjusting Genuine 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 Genuine balance sheet as well as cash flow and income statements available from the company's most recent filings. Please check Genuine Parts Piotroski F Score and Genuine Parts Altman Z Score analysis.
  
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Genuine Parts Net Income Per Employee is projected to decrease significantly based on the last few years of reporting. The past year's Net Income Per Employee was at 17,284. The current year Revenue Per Employee is expected to grow to about 408.2 K, whereas Average Assets are forecasted to decline to about 13.2 B.

Genuine Probability Of Bankruptcy Analysis

Genuine Parts' 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)
Interest Expense91.41 M91.05 M62.15 M60.62 M
Gross Profit5.86 B5.65 B6.63 B6.33 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Genuine Parts Probability Of Bankruptcy

    
  13%  
Most of Genuine Parts' 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, Genuine Parts is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Genuine Parts 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 Genuine Parts 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 Genuine Parts financial health.
Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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
0.15
Market Capitalization
19.4 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0563
Return On Equity
0.27
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine Genuine Parts value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.

Genuine Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Genuine Parts 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 Genuine Parts' 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 Genuine Parts' 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 Genuine Parts' 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, Genuine Parts has a Probability Of Bankruptcy of 13.0%. This is 68.59% lower than that of the Consumer Cyclical sector and 51.53% lower than that of the Specialty Retail industry. The probability of bankruptcy for all United States stocks is 67.36% higher than that of the company.

Genuine Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Genuine Parts' 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 Genuine Parts could also be used in its relative valuation, which is a method of valuing Genuine Parts by comparing valuation metrics of similar companies.
Genuine Parts is currently under evaluation in probability of bankruptcy category among related companies.

Genuine Parts Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets0.0790.0610.0640.043(0.002)0.0632
Asset Turnover1.771.611.331.211.341.4
Total Debt3.25 B3.14 B4.18 B3.47 B3.2 B2.8 B
Total Liabilities8.95 B9.21 B10.95 B10.22 B10.85 B9.78 B
Current Liabilities5.47 B5.9 B6.39 B5.89 B6.58 B6.08 B
Total Assets12.41 B12.68 B14.65 B13.44 B14.35 B13.53 B
Current Assets7.31 B7.58 B7.94 B7.11 B7.76 B7.74 B
Net Cash Flow from Operations815.04 M1.15 B892.01 M2.02 B1.26 B1.27 B
Weighted Average Shares147.14 M146.66 M145.74 M144.47 M143.44 M138.58 M
Weighted Average Shares Diluted147.7 M147.24 M146.42 M145.12 M144.22 M139.34 M

Genuine Fundamentals

About Genuine Parts Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Genuine Parts's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Genuine Parts using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Genuine Parts 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.
Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. The company was incorporated in 1928 and is headquartered in Atlanta, Georgia. Genuine Parts operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 52000 people.

Genuine Parts Investors Sentiment

The influence of Genuine Parts' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Genuine. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Genuine Parts Implied Volatility

    
  27.77  
Genuine Parts' implied volatility exposes the market's sentiment of Genuine Parts stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Genuine Parts' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Genuine Parts stock will not fluctuate a lot when Genuine Parts' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genuine Parts in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genuine Parts' short interest history, or implied volatility extrapolated from Genuine Parts options trading.

Current Sentiment - GPC

Genuine Parts Investor Sentiment

Greater number of Macroaxis users are currently bullish on Genuine Parts. What is your judgment towards investing in Genuine Parts? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Genuine Parts Piotroski F Score and Genuine Parts Altman Z Score analysis. Note that the Genuine Parts information on this page should be used as a complementary analysis to other Genuine Parts' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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Is Genuine Parts' 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 Genuine Parts. If investors know Genuine 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 Genuine Parts 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
0.15
Market Capitalization
19.4 B
Quarterly Revenue Growth YOY
0.19
Return On Assets
0.0563
Return On Equity
0.27
The market value of Genuine Parts is measured differently than its book value, which is the value of Genuine that is recorded on the company's balance sheet. Investors also form their own opinion of Genuine Parts' value that differs from its market value or its book value, called intrinsic value, which is Genuine Parts' 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 Genuine Parts' market value can be influenced by many factors that don't directly affect Genuine Parts' 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 Genuine Parts' value and its price as these two are different measures arrived at by different means. Investors typically determine Genuine Parts value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genuine Parts' 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.