Walgreens Competitors

WBA Stock  USD 21.02  0.51  2.49%   
Walgreens Boots Alliance competes with BJs Wholesale, Dollar General, Grocery Outlet, Kroger, and Dollar Tree; as well as few others. The company runs under Consumer Staples Distribution & Retail sector within Consumer Staples industry. Analyzing Walgreens Boots competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Walgreens Boots to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Walgreens Boots Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Walgreens Boots competition on your existing holdings.
  
The current year's Return On Capital Employed is expected to grow to -0.1. The current year's Return On Assets is expected to grow to -0.03. At present, Walgreens Boots' Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 98 B, whereas Total Current Assets are forecasted to decline to about 9.2 B.
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Walgreens Boots' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
19.0221.1823.34
Details
Intrinsic
Valuation
LowRealHigh
18.9224.1926.35
Details
Naive
Forecast
LowNextHigh
18.6820.8322.99
Details
20 Analysts
Consensus
LowTargetHigh
23.7626.1128.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Walgreens Boots. Your research has to be compared to or analyzed against Walgreens Boots' peers to derive any actionable benefits. When done correctly, Walgreens Boots' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Walgreens Boots Alliance.

Walgreens Boots Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Walgreens Boots and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Walgreens and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Walgreens Boots Alliance does not affect the price movement of the other competitor.
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High positive correlations   
KRBJ
KRDG
DGBJ
NGVCKR
NGVCBJ
NGVCDG
  
High negative correlations   
WBUYDG
WBUYKR
WBUYBJ
WBUYNGVC
DLTRGO
NGVCDLTR

Risk-Adjusted Indicators

There is a big difference between Walgreens Stock performing well and Walgreens Boots Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Walgreens Boots' multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Walgreens Boots Alliance and related stocks such as BJs Wholesale Club, Dollar General, and Grocery Outlet Holding Net Income Over Time
Select Fundamental
201020112012201320142015201620172018201920202021202220232024
BJ24.1 M24.1 M24.1 M24.1 M24.1 M24.1 M44.2 M50.3 M127.3 M187.2 M421 M426.7 M513.2 M523.7 M283.3 M
DG17.8 M766.7 M952.7 MB1.1 B1.2 B1.3 B1.5 B1.6 B1.7 B2.7 B2.4 B2.4 B1.7 B1.7 B
GO10.2 M10.2 M10.2 M10.2 M10.2 M10.2 M10.2 M20.6 M15.9 M15.4 M106.7 M62.3 M65.1 M79.4 M51.6 M
KR180.8 M1.5 B1.5 B1.5 B1.7 BBB1.9 B3.1 B2.6 B2.6 B1.7 B2.2 B2.2 B2.3 B
DLTR21 M488.3 M619.3 M596.7 M645.6 M282.4 M896.2 M1.7 B(1.6 B)827 M1.3 B1.3 B1.6 B(998.4 M)(948.5 M)
DTCK456 K456 K456 K456 K456 K456 K456 K456 K456 K456 K456 K4.7 M4.6 M5.3 M3.6 M
NGVC3.5 M6.6 M10.6 M13.5 M16.2 M11.5 M6.9 M12.7 M9.4 M20 M20.6 M21.4 M23.2 M26.7 M13.5 M
WBUY(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(8 M)(6.7 M)(7.7 M)(8 M)

Walgreens Boots Alliance and related stocks such as BJs Wholesale Club, Dollar General, and Grocery Outlet Holding Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Walgreens Boots Alliance financial statement analysis. It represents the amount of money remaining after all of Walgreens Boots Alliance operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Walgreens Boots Competitive Analysis

The better you understand Walgreens Boots competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Walgreens Boots' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Walgreens Boots' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
WBABJDGGOKRDLTRDTCKNGVCWBUY
 2.49 
 21.02 
Walgreens
 2.37 
 76.49 
BJs
 2.36 
 154.21 
Dollar
 4.09 
 29.00 
Grocery
 0.90 
 56.90 
Kroger
 3.90 
 132.50 
Dollar
 0.95 
 1.04 
Davis
 0.17 
 18.21 
Natural
 2.44 
 0.40 
WEBUY
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Walgreens Boots Competition Performance Charts

Five steps to successful analysis of Walgreens Boots Competition

Walgreens Boots' competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Walgreens Boots Alliance in relation to its competition. Walgreens Boots' competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Walgreens Boots in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Walgreens Boots' competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Walgreens Boots Alliance, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Walgreens Boots position

In addition to having Walgreens Boots in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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When determining whether Walgreens Boots Alliance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Walgreens Boots' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Walgreens Boots Alliance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Walgreens Boots Alliance Stock:
Check out Walgreens Boots Correlation with its peers.
Note that the Walgreens Boots Alliance information on this page should be used as a complementary analysis to other Walgreens Boots' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Walgreens Boots' price analysis, check to measure Walgreens Boots' 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 Walgreens Boots is operating at the current time. Most of Walgreens Boots' value examination focuses on studying past and present price action to predict the probability of Walgreens Boots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Walgreens Boots' price. Additionally, you may evaluate how the addition of Walgreens Boots to your portfolios can decrease your overall portfolio volatility.
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Is Walgreens Boots' 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 Walgreens Boots. If investors know Walgreens 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 Walgreens Boots 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
(0.59)
Dividend Share
1.92
Earnings Share
0.66
Revenue Per Share
165.003
Quarterly Revenue Growth
0.1
The market value of Walgreens Boots Alliance is measured differently than its book value, which is the value of Walgreens that is recorded on the company's balance sheet. Investors also form their own opinion of Walgreens Boots' value that differs from its market value or its book value, called intrinsic value, which is Walgreens Boots' 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 Walgreens Boots' market value can be influenced by many factors that don't directly affect Walgreens Boots' 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 Walgreens Boots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Walgreens Boots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Walgreens Boots' 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.