Aarons Financial Ratios Analysis
| AAN Stock | USD 7.48 0.17 2.33% |
Aarons |
Most ratios from Aarons' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Aarons current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Aarons Valuation and Aarons Correlation analysis. At this time, Aarons' Free Cash Flow Per Share is very stable compared to the past year. As of the 19th of April 2024, Inventory Turnover is likely to grow to 1.50, while Price To Sales Ratio is likely to drop 0.15.
| 2022 | 2024 (projected) | Dividend Yield | 0.0367 | 0.047 | Price To Sales Ratio | 0.16 | 0.15 |
Aarons fundamentals Correlations
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Aarons Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Aarons fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.79 | 1.09 | 0.37 | 0.44 | 0.16 | 0.15 | |
| Ptb Ratio | 2.33 | 0.9 | 1.13 | 0.53 | 0.49 | 0.46 | |
| Book Value Per Share | 24.49 | 21.0 | 21.77 | 22.52 | 22.29 | 23.41 | |
| Free Cash Flow Yield | 0.0543 | 0.45 | 0.0533 | 0.17 | 0.26 | 0.27 | |
| Invested Capital | 1.03 | 0.53 | 0.46 | 1.26 | 1.02 | 1.07 | |
| Pb Ratio | 2.33 | 0.9 | 1.13 | 0.53 | 0.49 | 0.46 | |
| Ev To Sales | 1.45 | 0.49 | 0.6 | 0.48 | 0.45 | 0.43 | |
| Roic | 0.0911 | 0.12 | 0.17 | 0.0352 | (0.0242) | (0.023) | |
| Inventory Turnover | 0.86 | 0.93 | 0.89 | 1.38 | 1.43 | 1.5 | |
| Net Income Per Share | 0.82 | (7.85) | 3.33 | (0.17) | 0.0917 | 0.0871 | |
| Payables Turnover | 8.39 | 2.82 | 8.25 | 10.17 | 7.61 | 7.99 | |
| Capex To Revenue | (0.0448) | (0.0398) | (0.0502) | (0.048) | (0.0441) | (0.0463) | |
| Cash Per Share | 1.43 | 2.25 | 0.69 | 0.9 | 1.92 | 2.01 | |
| Pocfratio | 10.5 | 1.81 | 5.98 | 2.17 | 1.86 | 3.28 | |
| Interest Coverage | 11.15 | 19.01 | 158.33 | 15.61 | 0.81 | 0.77 | |
| Pfcf Ratio | 18.42 | 2.24 | 18.77 | 5.91 | 3.89 | 3.7 | |
| Income Quality | 6.62 | (1.34) | 1.24 | (32.28) | 63.91 | 67.1 | |
| Roe | 0.0648 | 0.0335 | (0.37) | (0.007593) | 0.004114 | 0.003909 | |
| Pe Ratio | 69.52 | (2.42) | 7.4 | (69.89) | 118.62 | 124.55 | |
| Ev To Free Cash Flow | 24.34 | 2.95 | 25.62 | 17.3 | 11.31 | 10.74 | |
| Earnings Yield | 0.0144 | (0.41) | 0.14 | (0.0143) | 0.00843 | 0.008009 | |
| Current Ratio | 3.5 | 3.0 | 2.94 | 2.55 | 1.86 | 2.33 | |
| Receivables Turnover | 41.49 | 49.45 | 55.87 | 51.23 | 42.67 | 22.33 | |
| Graham Number | 21.28 | 60.9 | 40.4 | 9.31 | 6.78 | 6.44 |
Pair Trading with Aarons
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 Aarons 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 Aarons will appreciate offsetting losses from the drop in the long position's value.Moving together with Aarons Stock
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Moving against Aarons Stock
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| 0.77 | DRVN | Driven Brands Holdings Financial Report 1st of May 2024 | PairCorr |
The ability to find closely correlated positions to Aarons could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aarons 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 Aarons - 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 The Aarons to buy it.
The correlation of Aarons 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 Aarons moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aarons 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 Aarons 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.Check out Aarons Valuation and Aarons Correlation analysis. Note that the Aarons information on this page should be used as a complementary analysis to other Aarons' 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 the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Aarons Stock analysis
When running Aarons' price analysis, check to measure Aarons' 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 Aarons is operating at the current time. Most of Aarons' value examination focuses on studying past and present price action to predict the probability of Aarons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aarons' price. Additionally, you may evaluate how the addition of Aarons to your portfolios can decrease your overall portfolio volatility.
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Is Aarons' 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 Aarons. If investors know Aarons 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 Aarons 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 (0.40) | Dividend Share 0.5 | Earnings Share 0.09 | Revenue Per Share 69.527 | Quarterly Revenue Growth (0.10) |
The market value of Aarons is measured differently than its book value, which is the value of Aarons that is recorded on the company's balance sheet. Investors also form their own opinion of Aarons' value that differs from its market value or its book value, called intrinsic value, which is Aarons' 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 Aarons' market value can be influenced by many factors that don't directly affect Aarons' 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 Aarons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Aarons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aarons' 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.