Best Buy Stock Financials

BBY -  USA Stock  

USD 96.45  1.55  1.63%

Understanding current and past Best Buy Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Best Buy's financial statements are interrelated, with each one affecting the others. For example, an increase in Best Buy's assets may result in an increase in income on the income statement. Because of this, it is necessary to analyze all of Best Buy's financials over time to get the whole picture.
Best Buy Average Assets are fairly stable at the moment as compared to the past year. Best Buy reported Average Assets of 14.82 Billion in 2021. Earnings Before Interest Taxes and Depreciation Amortization EBITDA is likely to rise to about 2.3 B in 2022, whereas Net Income Per Employee is likely to drop 8,178 in 2022.
Use fundamental data analysis to double-check all available reported financial drivers of Best Buy to find out if markets are presently mispricing the company. We have analyzed thirty-eight available fundamental indicators for Best Buy Company, which can be compared to its rivals. To make sure the equity is not overpriced, please confirm all Best Buy financials, including its book value per share, working capital, and the relationship between the cash and equivalents and number of employees . Given that Best Buy has a price to earning of 9.33 X, we suggest you to validate Best Buy Company prevailing market performance to make sure the company can sustain itself down the road. Use Best Buy to enhance returns of your portfolios. The stock experiences a large bullish trend. Check odds of Best Buy to be traded at $106.1 in 90 days.

Best Buy Fundamentals 

With this module, you can analyze Best Buy financials for your investing period. You should be able to track the changes in Best Buy individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
The fundamental analysis of Best Buy is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Best Buy includes many different criteria found on its balance sheet. For example, investors should never minimize Best Buy'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 Best Buy's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Best Buy.

Best Buy Cash

Chance Of Financial Distress
Less than 9
Best Buy Company has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Best Buy 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 Best Buy's official financial statements usually reflect Best Buy'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 Best Buy. For example, before you start analyzing numbers published by Best Buy accountants, it's critical to develop an understanding of what Best Buy's liquidity, profitability, and earnings quality are in the context of the Consumer Cyclical space in which it operates.
Please note, the presentation of Best Buy'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, Best Buy's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Best Buy's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Best Buy Company. Please utilize our Beneish M Score to check the likelihood of Best Buy's management to manipulate its earnings.

Best Buy Company Summary

Best Buy competes with Build-A-Bear Workshop, Boqii Holding, Lands End, Envela Corp, and National Vision. Best Buy Co., Inc. retails technology products in the United States and Canada. Best Buy Co., Inc. was incorporated in 1966 and is headquartered in Richfield, Minnesota. Best Buy operates under Specialty Retail classification in the United States and is traded on New York Stock Exchange. It employs 61200 people.
Consumer Cyclical, Specialty Retail
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
CIK Number0000764478
RegionNorth America
LocationMinnesota; U.S.A
Business Address7601 Penn Avenue
SectorConsumer Cyclical
IndustrySpecialty Retail
Phone612 291 1000
CurrencyUSD - US Dollar
You should never invest in Best Buy without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Best Buy Stock, because this is throwing your money away. Analyzing the key information contained in Best Buy's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Best Buy Key Financial Ratios

Generally speaking, Best Buy's financial ratios allow both analysts and investors to convert raw data from Best Buy's financial statements into concise, actionable information that can be used to evaluate the performance of Best Buy 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 Best Buy reports annually and quarterly.

Best Buy Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Best Buy's current stock value. Our valuation model uses many indicators to compare Best Buy value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Best Buy competition to find correlations between indicators driving Best Buy's intrinsic value. More Info.
Best Buy Company is the top company in revenue category among related companies. It is number one stock in number of shares shorted category among related companies . The ratio of Revenue to Number of Shares Shorted for Best Buy Company is about  5,281 . Best Buy Revenues is fairly stable at the moment as compared to the past year. Best Buy reported Revenues of 40.34 Billion in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Best Buy by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Best Buy'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 Best Buy's earnings, one of the primary drivers of an investment's value.

Best Buy Systematic Risk

Best Buy's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Best Buy 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.
The output start index for this execution was two with a total number of output elements of fifty-nine. The Beta measures systematic risk based on how returns on Best Buy correlated with the market. If Beta is less than 0 Best Buy generally moves in the opposite direction as compared to the market. If Best Buy Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Best Buy is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Best Buy is generally in the same direction as the market. If Beta > 1 Best Buy moves generally in the same direction as, but more than the movement of the benchmark. View also all equity analysis or get more info about beta statistic functions indicator.

About Best Buy Financials

What exactly are Best Buy 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 Best Buy's income statement, its balance sheet, and the statement of cash flows. Potential Best Buy investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Best Buy investors may use each financial statement separately, they are all related. The changes in Best Buy's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Best Buy'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.
 2014 2020 2022 (projected)
Receivables1.15 B1.06 B1.58 B
Inventories5.17 B5.61 B5.89 B
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 Best Buy 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 Best Buy 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.

Best Buy Thematic Clasifications

Best Buy Company is part of Stores investing theme. 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. All types of stores and shopping markets. Companies providing different types of retail and wholesale services
Stores Idea
This theme covers All types of stores and shopping markets. Companies providing different types of retail and wholesale services. Get More Thematic Ideas

Best Buy January 24, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Best Buy help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Best Buy Company. We use our internally-developed statistical techniques to arrive at the intrinsic value of Best Buy Company based on widely used predictive technical indicators. In general, we focus on analyzing Best Buy Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Best Buy's daily price indicators and compare them against related drivers.
Information Ratio(0.07)
Maximum Drawdown15.12
Value At Risk(4.26)
Potential Upside2.19
Continue to Trending Equities. Note that the Best Buy information on this page should be used as a complementary analysis to other Best Buy'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

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Is Best Buy'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 Best Buy. If investors know Best Buy 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 Best Buy 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 Best Buy is measured differently than its book value, which is the value of Best Buy that is recorded on the company's balance sheet. Investors also form their own opinion of Best Buy's value that differs from its market value or its book value, called intrinsic value, which is Best Buy'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 Best Buy's market value can be influenced by many factors that don't directly affect Best Buy'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 Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine Best Buy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy'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.