Adient Plc Stock Beta
| ADNT Stock | USD 28.99 0.16 0.55% |
Adient PLC fundamentals help investors to digest information that contributes to Adient PLC's financial success or failures. It also enables traders to predict the movement of Adient Stock. The fundamental analysis module provides a way to measure Adient PLC's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Adient PLC stock.
Adient | Beta |
Adient PLC Company Beta Analysis
Adient PLC's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Adient PLC Beta | 2.4 |
Most of Adient PLC's fundamental indicators, such as Beta, 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, Adient PLC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Adient Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Adient PLC is extremely important. It helps to project a fair market value of Adient Stock properly, considering its historical fundamentals such as Beta. Since Adient PLC's 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 Adient PLC's 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 Adient PLC's interrelated accounts and indicators.
Click cells to compare fundamentals
In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Adient PLC has a Beta of 2.399. This is 185.6% higher than that of the Automobile Components sector and 62.09% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Adient Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Adient PLC's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Adient PLC could also be used in its relative valuation, which is a method of valuing Adient PLC by comparing valuation metrics of similar companies.Adient PLC is currently under evaluation in beta category among related companies.
Adient PLC Institutional Holders
Institutional Holdings refers to the ownership stake in Adient PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Adient PLC's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Adient PLC's value.| Shares | Barrow Hanley Mewhinney & Strauss Llc | 2023-12-31 | 1.6 M | Northern Trust Corp | 2023-12-31 | 1.3 M | Entrust Partners Llc | 2023-12-31 | 1.2 M | Lyrical Asset Management Lp | 2023-12-31 | 1.1 M | Fisher Asset Management, Llc | 2023-12-31 | 1 M | Capital World Investors | 2023-12-31 | 1000 K | Bank Of New York Mellon Corp | 2023-12-31 | 964.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 889.2 K | Nuveen Asset Management, Llc | 2023-12-31 | 887.4 K | Blackrock Inc | 2023-12-31 | 14.2 M | Fmr Inc | 2023-12-31 | 14.1 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Adient PLC will likely underperform.
Adient Fundamentals
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.03 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.03 % | ||||
| Current Valuation | 4.82 B | ||||
| Shares Outstanding | 91.25 M | ||||
| Shares Owned By Insiders | 1.74 % | ||||
| Shares Owned By Institutions | 95.65 % | ||||
| Number Of Shares Shorted | 5.27 M | ||||
| Price To Earning | 3.97 X | ||||
| Price To Book | 1.19 X | ||||
| Price To Sales | 0.18 X | ||||
| Revenue | 15.39 B | ||||
| Gross Profit | 1 B | ||||
| EBITDA | 870 M | ||||
| Net Income | 295 M | ||||
| Cash And Equivalents | 892 M | ||||
| Cash Per Share | 9.41 X | ||||
| Total Debt | 2.54 B | ||||
| Debt To Equity | 1.21 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 25.04 X | ||||
| Cash Flow From Operations | 667 M | ||||
| Short Ratio | 5.11 X | ||||
| Earnings Per Share | 2.23 X | ||||
| Price To Earnings To Growth | 0.42 X | ||||
| Target Price | 38.5 | ||||
| Number Of Employees | 70 K | ||||
| Beta | 2.4 | ||||
| Market Capitalization | 2.63 B | ||||
| Total Asset | 9.42 B | ||||
| Retained Earnings | (903 M) | ||||
| Working Capital | 578 M | ||||
| Current Asset | 5.69 B | ||||
| Current Liabilities | 4.26 B | ||||
| Net Asset | 9.42 B |
About Adient PLC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Adient PLC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Adient PLC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Adient PLC 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.
Pair Trading with Adient PLC
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 Adient PLC 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 Adient PLC will appreciate offsetting losses from the drop in the long position's value.Moving against Adient Stock
| 0.58 | GM | General Motors Earnings Call Today | PairCorr |
| 0.58 | HYZNW | HYZON Motors | PairCorr |
| 0.53 | ECDA | ECD Automotive Design Symbol Change | PairCorr |
| 0.43 | HOG | Harley Davidson Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Adient PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adient PLC 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 Adient PLC - 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 Adient PLC to buy it.
The correlation of Adient PLC 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 Adient PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adient PLC 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 Adient PLC 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 Adient PLC Piotroski F Score and Adient PLC Altman Z Score analysis. For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Adient Stock analysis
When running Adient PLC's price analysis, check to measure Adient PLC'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 Adient PLC is operating at the current time. Most of Adient PLC's value examination focuses on studying past and present price action to predict the probability of Adient PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adient PLC's price. Additionally, you may evaluate how the addition of Adient PLC to your portfolios can decrease your overall portfolio volatility.
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Is Adient PLC'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 Adient PLC. If investors know Adient 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 Adient PLC 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 0.664 | Earnings Share 2.23 | Revenue Per Share 163.449 | Quarterly Revenue Growth (0.01) | Return On Assets 0.03 |
The market value of Adient PLC is measured differently than its book value, which is the value of Adient that is recorded on the company's balance sheet. Investors also form their own opinion of Adient PLC's value that differs from its market value or its book value, called intrinsic value, which is Adient PLC'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 Adient PLC's market value can be influenced by many factors that don't directly affect Adient PLC'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 Adient PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Adient PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Adient PLC'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.