|Advance Auto Parts Inc -- USA Stock|| |
USD 115.94 2.99 2.65%
Advance Auto Parts
shows prevailing Real Value
of $132.7492 per share. The current price of the firm is $115.94. At this time the firm appears to be under valued
. Macroaxis approximates value of Advance Auto Parts
from analyzing the firm fundamentals
such as Current Valuation
of 9.25B, Return On Equity
of 11.61% and Profit Margin of 3.75% as well as examining its technical indicators and Probability Of Bankruptcy. In general, we favor to go long with undervalued instruments and to trade away overvalued instruments since at some point assets prices and their ongoing real values will blend.
Taking a look at a recent 8-K filing, we can get a general idea of how the company is doing fundamentally and use that with technical analysis to formulate a starting opinion. These numbers are for the third quarter of 2016. Total sales for the third quarter decreased 2.0% to $2.25 billion as compared with total sales during the third quarter of fiscal 2015 of $2.30 billion. The company’s gross profit rate was 43.9% of sales during the third quarter as compare to 45.0% during the third quarter last year. Overall, the numbers appear to be stable, but let us take a look at the chart and see if price agrees.
The chart is currently on an up tick, after confirming there is a support area around the $140 mark. This is important for investors because this is where other investors agree that price is good enough to buy. Also, be sure to keep up with the news because many people trade on news reports. Right now I would let this ride a little bit and see if it breaks back into the all time high mark. The chart looks good and there or no red flags stopping me from saying this chart is solid.
Valuation Drivers Correlation
Net Income Per Employee Enterprise Value Market Capitalization
Selected Advance Auto Parts Inc Valuation Data Over Time
Advance Auto Parts Inc is rated below average
in beta category among related companies. It is rated fifth
in price to book category among related companies fabricating about 4.14
of Price to Book per Beta.
January 16, 2018
Advance Auto is not too risky
asset. Calculation of real value of Advance Auto Parts is based on 1 month time horizon. Increasing Advance Auto Parts time horizon generally increases accuracy of value calculation and significantly improves predictive power of the methodology used.
Advance Auto Parts Inc
|Target Price||Advice||# of Analysts|
current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Advance Auto Parts Inc is rated fourth
in market capitalization category among related companies. Market capitalization
of Auto Parts And Components
industry is presently estimated at about 62.17 Billion. Advance Auto retains roughly 8.56 Billion in market capitalization claiming about 14% of stocks in Auto Parts And Components industry.