Adient Tangible Asset Value vs Enterprise Value Analysis

ADNT Stock  USD 29.52  0.58  2.00%   
Adient PLC financial indicator trend analysis is way more than just evaluating Adient PLC prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Adient PLC is a good investment. Please check the relationship between Adient PLC Tangible Asset Value and its Enterprise Value accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adient PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.

Tangible Asset Value vs Enterprise Value

Tangible Asset Value vs Enterprise Value Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Adient PLC Tangible Asset Value account and Enterprise Value. At this time, the significance of the direction appears to have no relationship.
The correlation between Adient PLC's Tangible Asset Value and Enterprise Value is 0.0. Overlapping area represents the amount of variation of Tangible Asset Value that can explain the historical movement of Enterprise Value in the same time period over historical financial statements of Adient PLC, assuming nothing else is changed. The correlation between historical values of Adient PLC's Tangible Asset Value and Enterprise Value is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Tangible Asset Value of Adient PLC are associated (or correlated) with its Enterprise Value. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Enterprise Value has no effect on the direction of Tangible Asset Value i.e., Adient PLC's Tangible Asset Value and Enterprise Value go up and down completely randomly.

Correlation Coefficient

0.0
Relationship DirectionFlat 
Relationship StrengthInsignificant

Tangible Asset Value

The total value of a company's physical, tangible assets, excluding intangible assets like patents and trademarks.

Enterprise Value

Enterprise Value (or EV) is usually referred to as Adient PLC theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Adient PLC debt, but would also pocket its cash. Enterprise Value is more accurate representation of Adient PLC value than its market capitalization because it takes into account all of Adient PLC existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.
Most indicators from Adient PLC's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Adient PLC current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adient PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.At this time, Adient PLC's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 5.17 in 2024, whereas Selling General Administrative is likely to drop slightly above 397.7 M in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense215M195M224.3M143.3M
Depreciation And Amortization350M340M306M294.8M

Adient PLC fundamental ratios Correlations

-0.680.650.66-0.48-0.060.640.82-0.65-0.670.450.060.68-0.140.72-0.120.18-0.080.550.490.510.80.80.130.940.73
-0.68-0.4-0.50.24-0.03-0.44-0.660.810.45-0.220.03-0.630.33-0.50.34-0.090.0-0.26-0.45-0.24-0.48-0.76-0.12-0.65-0.29
0.65-0.40.78-0.78-0.680.770.8-0.58-0.650.72-0.540.21-0.010.340.120.58-0.690.82-0.280.810.90.69-0.540.680.81
0.66-0.50.78-0.72-0.380.930.74-0.58-0.510.41-0.30.56-0.470.22-0.450.21-0.420.61-0.040.590.70.56-0.210.740.56
-0.480.24-0.78-0.720.77-0.79-0.490.380.56-0.610.65-0.310.35-0.130.24-0.760.78-0.910.16-0.92-0.8-0.470.56-0.56-0.55
-0.06-0.03-0.68-0.380.77-0.49-0.360.190.28-0.650.960.20.010.17-0.14-0.841.0-0.840.56-0.86-0.6-0.230.96-0.16-0.4
0.64-0.440.770.93-0.79-0.490.7-0.55-0.640.42-0.420.59-0.430.15-0.430.35-0.530.72-0.040.710.760.51-0.320.750.53
0.82-0.660.80.74-0.49-0.360.7-0.71-0.490.6-0.30.41-0.10.48-0.050.25-0.390.650.140.60.830.73-0.270.830.75
-0.650.81-0.58-0.580.380.19-0.55-0.710.61-0.340.25-0.450.23-0.460.21-0.230.21-0.38-0.21-0.35-0.56-0.660.1-0.61-0.39
-0.670.45-0.65-0.510.560.28-0.64-0.490.61-0.30.17-0.610.07-0.320.01-0.410.28-0.56-0.01-0.57-0.72-0.710.11-0.71-0.46
0.45-0.220.720.41-0.61-0.650.420.6-0.34-0.3-0.55-0.040.350.310.340.61-0.650.74-0.170.720.710.55-0.570.440.67
0.060.03-0.54-0.30.650.96-0.42-0.30.250.17-0.550.220.070.23-0.06-0.80.96-0.730.51-0.76-0.45-0.140.96-0.03-0.21
0.68-0.630.210.56-0.310.20.590.41-0.45-0.61-0.040.22-0.530.25-0.61-0.080.170.230.510.210.420.590.380.750.09
-0.140.33-0.01-0.470.350.01-0.43-0.10.230.070.350.07-0.530.240.940.080.05-0.13-0.21-0.11-0.11-0.03-0.1-0.290.15
0.72-0.50.340.22-0.130.170.150.48-0.46-0.320.310.230.250.240.240.160.160.180.610.180.370.490.280.450.53
-0.120.340.12-0.450.24-0.14-0.43-0.050.210.010.34-0.06-0.610.940.240.22-0.10.0-0.330.02-0.010.02-0.26-0.270.25
0.18-0.090.580.21-0.76-0.840.350.25-0.23-0.410.61-0.8-0.080.080.160.22-0.840.8-0.250.840.580.34-0.750.150.32
-0.080.0-0.69-0.420.781.0-0.53-0.390.210.28-0.650.960.170.050.16-0.1-0.84-0.850.54-0.87-0.61-0.250.95-0.18-0.41
0.55-0.260.820.61-0.91-0.840.720.65-0.38-0.560.74-0.730.23-0.130.180.00.8-0.85-0.150.990.90.56-0.690.620.67
0.49-0.45-0.28-0.040.160.56-0.040.14-0.21-0.01-0.170.510.51-0.210.61-0.33-0.250.54-0.15-0.180.00.140.650.340.03
0.51-0.240.810.59-0.92-0.860.710.6-0.35-0.570.72-0.760.21-0.110.180.020.84-0.870.99-0.180.870.54-0.720.570.62
0.8-0.480.90.7-0.8-0.60.760.83-0.56-0.720.71-0.450.42-0.110.37-0.010.58-0.610.90.00.870.77-0.430.860.81
0.8-0.760.690.56-0.47-0.230.510.73-0.66-0.710.55-0.140.59-0.030.490.020.34-0.250.560.140.540.77-0.10.790.54
0.13-0.12-0.54-0.210.560.96-0.32-0.270.10.11-0.570.960.38-0.10.28-0.26-0.750.95-0.690.65-0.72-0.43-0.10.03-0.27
0.94-0.650.680.74-0.56-0.160.750.83-0.61-0.710.44-0.030.75-0.290.45-0.270.15-0.180.620.340.570.860.790.030.69
0.73-0.290.810.56-0.55-0.40.530.75-0.39-0.460.67-0.210.090.150.530.250.32-0.410.670.030.620.810.54-0.270.69
Click cells to compare fundamentals

Adient PLC Account Relationship Matchups

Adient PLC fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.3B10.8B9.2B9.4B8.5B8.7B
Other Current Liab1.1B808M1.0B3.6B4.1B4.4B
Total Current Liabilities3.8B3.5B3.5B3.7B3.4B3.3B
Accounts Payable2.2B2.1B2.5B2.5B2.3B2.1B
Cash1.7B1.5B947M1.1B1.3B782.9M
Long Term Debt4.1B3.5B2.6B2.4B2.8B2.7B
Net Receivables1.6B1.4B1.9B1.9B1.7B1.6B
Good Will2.2B2.1B2.2B2.1B1.9B1.8B
Common Stock Shares Outstanding93.8M95.7M94.8M95.4M109.7M103.5M
Inventory685M960M953M841M967.2M864.2M
Other Current Assets421M1.1B411M491M441.9M613.1M
Total Liab8.7B7.8B6.7B6.8B7.8B7.9B
Long Term Investments707M335M286M303M272.7M259.1M
Short Long Term Debt210M184M14M134M154.1M87.1M
Total Current Assets4.5B5.1B4.2B4.3B3.9B3.6B
Short Term Debt210M184M14M134M154.1M98.7M
Common Stock1.8B1.2B2.4B2.1B1.9B2.3B
Short Long Term Debt Total4.3B3.7B2.6B2.5B2.9B3.0B
Total Stockholder Equity1.2B2.4B2.1B2.2B2.0B2.5B
Other Liab523M798M673M519M467.1M509.7M
Net Tangible Assets(1.2B)(391M)(451M)(274M)(246.6M)(234.3M)
Property Plant And Equipment Net1.6B1.6B1.4B1.4B1.2B1.5B
Current Deferred Revenue487M374M372M(2.5B)(2.3B)(2.2B)
Net Debt2.6B2.2B1.6B1.4B1.6B2.2B
Non Current Assets Total5.8B5.7B5.0B5.1B4.6B5.1B
Non Currrent Assets Other813M850M697M668M601.2M684M
Other Assets657M6.5B1.2B680M782M742.9M
Cash And Short Term Investments1.7B1.5B947M1.1B1.3B856.2M
Liabilities And Stockholders Equity10.3B10.8B9.2B9.4B8.5B8.7B
Non Current Liabilities Total4.9B4.3B3.2B3.1B3.5B3.7B
Other Stockholder Equity4.0B4.0B4.0B4.0B4.6B3.1B
Property Plant And Equipment Gross1.6B6.0B4.2B4.3B5.0B3.1B
Accumulated Other Comprehensive Income(665M)(627M)(845M)(842M)(757.8M)(719.9M)
Intangible Assets443M555M467M408M469.2M405.7M
Property Plant Equipment1.6B1.6B1.4B1.6B1.5B1.5B
Retained Earnings(2.1B)(988M)(1.1B)(903M)(812.7M)(772.1M)
Long Term Debt Total3.7B4.1B3.5B2.6B2.9B3.3B
Non Current Liabilities Other767M798M673M682M784.3M707.6M

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 together with Adient Stock

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Moving against Adient Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Adient PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Adient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Adient Plc Stock. Highlighted below are key reports to facilitate an investment decision about Adient Plc Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Adient PLC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.

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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.