Amazon Financial Ratios Analysis
| AMZN Stock | USD 176.59 2.95 1.64% |
Amazon |
Most ratios from Amazon's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Amazon Inc 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 Amazon Valuation and Amazon Correlation analysis. At this time, Amazon's EV To Sales is very stable compared to the past year. As of the 24th of April 2024, Free Cash Flow Per Share is likely to grow to 3.28, while PTB Ratio is likely to drop 7.37.
| 2021 | 2022 | 2023 | 2024 (projected) | Days Sales Outstanding | 25.35 | 29.82 | 32.86 | 34.51 | PTB Ratio | 12.2 | 5.86 | 7.76 | 7.37 |
Amazon fundamentals Correlations
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Amazon Account Relationship Matchups
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Amazon fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.25 | 4.22 | 3.59 | 1.67 | 2.72 | 5.13 | |
| Ptb Ratio | 14.71 | 17.44 | 12.2 | 5.86 | 7.76 | 7.37 | |
| Book Value Per Share | 6.28 | 9.34 | 13.66 | 14.33 | 19.59 | 20.57 | |
| Free Cash Flow Yield | 0.0237 | 0.0159 | (0.008728) | (0.0197) | 0.0206 | 0.0216 | |
| Invested Capital | 0.76 | 1.25 | 1.08 | 0.96 | 0.77 | 0.51 | |
| Pb Ratio | 14.71 | 17.44 | 12.2 | 5.86 | 7.76 | 7.37 | |
| Ev To Sales | 3.35 | 4.33 | 3.76 | 1.83 | 2.83 | 5.23 | |
| Roic | 0.0865 | 0.1 | 0.0804 | 0.0186 | 0.0838 | 0.088 | |
| Inventory Turnover | 8.08 | 9.8 | 8.34 | 8.4 | 9.15 | 11.8 | |
| Net Income Per Share | 1.17 | 2.13 | 3.3 | (0.27) | 2.95 | 3.1 | |
| Capex To Revenue | (0.0601) | (0.1) | (0.13) | (0.12) | (0.0917) | (0.0963) | |
| Cash Per Share | 4.28 | 5.6 | 8.47 | 9.52 | 6.91 | 8.89 | |
| Pocfratio | 23.7 | 24.65 | 36.42 | 18.31 | 18.43 | 35.98 | |
| Interest Coverage | 9.09 | 13.9 | 13.75 | 5.17 | 11.58 | 5.92 | |
| Pfcf Ratio | 42.16 | 62.82 | (114.57) | (50.66) | 48.6 | 46.17 | |
| Income Quality | 3.32 | 3.1 | 1.39 | (17.18) | 2.79 | 2.93 | |
| Pe Ratio | 78.77 | 76.34 | 50.57 | (314.43) | 51.46 | 54.03 | |
| Ev To Free Cash Flow | 43.39 | 64.44 | (120.0) | (55.75) | 50.51 | 47.99 | |
| Earnings Yield | 0.0127 | 0.0131 | 0.0198 | (0.00318) | 0.0194 | 0.0204 | |
| Receivables Turnover | 13.69 | 15.9 | 14.4 | 12.24 | 11.11 | 10.55 | |
| Graham Number | 12.87 | 21.17 | 31.83 | 9.28 | 36.08 | 37.88 |
Pair Trading with Amazon
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 Amazon 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 Amazon will appreciate offsetting losses from the drop in the long position's value.Moving together with Amazon Stock
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Moving against Amazon Stock
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| 0.58 | VC | Visteon Corp Earnings Call Tomorrow | PairCorr |
| 0.56 | SBUX | Starbucks Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Amazon could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amazon 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 Amazon - 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 Amazon Inc to buy it.
The correlation of Amazon 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 Amazon moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amazon Inc 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 Amazon 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 Amazon Valuation and Amazon Correlation analysis. Note that the Amazon Inc information on this page should be used as a complementary analysis to other Amazon'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 the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Amazon Stock analysis
When running Amazon's price analysis, check to measure Amazon'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 Amazon is operating at the current time. Most of Amazon's value examination focuses on studying past and present price action to predict the probability of Amazon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Amazon's price. Additionally, you may evaluate how the addition of Amazon to your portfolios can decrease your overall portfolio volatility.
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Is Amazon'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 Amazon. If investors know Amazon 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 Amazon 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 50.693 | Earnings Share 2.91 | Revenue Per Share 55.783 | Quarterly Revenue Growth 0.139 | Return On Assets 0.0465 |
The market value of Amazon Inc is measured differently than its book value, which is the value of Amazon that is recorded on the company's balance sheet. Investors also form their own opinion of Amazon's value that differs from its market value or its book value, called intrinsic value, which is Amazon'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 Amazon's market value can be influenced by many factors that don't directly affect Amazon'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 Amazon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Amazon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amazon'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.