Asbury Automotive Group Stock Return On Equity
| ABG Stock | USD 221.97 4.85 2.23% |
Asbury Automotive Group fundamentals help investors to digest information that contributes to Asbury Automotive's financial success or failures. It also enables traders to predict the movement of Asbury Stock. The fundamental analysis module provides a way to measure Asbury Automotive'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 Asbury Automotive stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0.19 | 0.11 |
Asbury | Return On Equity |
Asbury Automotive Group Company Return On Equity Analysis
Asbury Automotive's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current Asbury Automotive Return On Equity | 0.2 |
Most of Asbury Automotive's fundamental indicators, such as Return On Equity, 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, Asbury Automotive Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Asbury Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Asbury Automotive is extremely important. It helps to project a fair market value of Asbury Stock properly, considering its historical fundamentals such as Return On Equity. Since Asbury Automotive'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 Asbury Automotive'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 Asbury Automotive's interrelated accounts and indicators.
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Asbury Return On Equity Historical Pattern
Today, most investors in Asbury Automotive Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Asbury Automotive's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's return on equity growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Asbury Automotive return on equity as a starting point in their analysis.
Asbury Automotive Return On Equity |
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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Asbury Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, Asbury Automotive Group has a Return On Equity of 0.196. This is 94.56% lower than that of the Specialty Retail sector and 98.89% lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 163.23% lower than that of the firm.
Asbury Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Asbury Automotive's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Asbury Automotive could also be used in its relative valuation, which is a method of valuing Asbury Automotive by comparing valuation metrics of similar companies.Asbury Automotive is currently under evaluation in return on equity category among related companies.
Asbury Fundamentals
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0739 | ||||
| Profit Margin | 0.04 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 9.95 B | ||||
| Shares Outstanding | 20.17 M | ||||
| Shares Owned By Insiders | 0.54 % | ||||
| Shares Owned By Institutions | 99.46 % | ||||
| Number Of Shares Shorted | 2.04 M | ||||
| Price To Earning | 10.61 X | ||||
| Price To Book | 1.35 X | ||||
| Price To Sales | 0.30 X | ||||
| Revenue | 14.8 B | ||||
| Gross Profit | 3.1 B | ||||
| EBITDA | 1.14 B | ||||
| Net Income | 602.5 M | ||||
| Cash And Equivalents | 235.3 M | ||||
| Cash Per Share | 5.01 X | ||||
| Total Debt | 4.99 B | ||||
| Debt To Equity | 1.59 % | ||||
| Current Ratio | 1.56 X | ||||
| Book Value Per Share | 159.54 X | ||||
| Cash Flow From Operations | 313 M | ||||
| Short Ratio | 12.67 X | ||||
| Earnings Per Share | 27.59 X | ||||
| Price To Earnings To Growth | 0.48 X | ||||
| Target Price | 247.14 | ||||
| Number Of Employees | 15 K | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 4.48 B | ||||
| Total Asset | 10.16 B | ||||
| Retained Earnings | 2.96 B | ||||
| Working Capital | 181.4 M | ||||
| Current Asset | 1.34 B | ||||
| Current Liabilities | 1.01 B | ||||
| Net Asset | 10.16 B |
About Asbury Automotive Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Asbury Automotive Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Asbury Automotive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Asbury Automotive Group 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 Asbury Automotive
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 Asbury Automotive 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 Asbury Automotive will appreciate offsetting losses from the drop in the long position's value.Moving against Asbury Stock
| 0.44 | DXLG | Destination XL Group Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Asbury Automotive could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asbury Automotive 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 Asbury Automotive - 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 Asbury Automotive Group to buy it.
The correlation of Asbury Automotive 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 Asbury Automotive moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asbury Automotive 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 Asbury Automotive 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 Asbury Automotive Piotroski F Score and Asbury Automotive Altman Z Score analysis. Note that the Asbury Automotive information on this page should be used as a complementary analysis to other Asbury Automotive'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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Complementary Tools for Asbury Stock analysis
When running Asbury Automotive's price analysis, check to measure Asbury Automotive'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 Asbury Automotive is operating at the current time. Most of Asbury Automotive's value examination focuses on studying past and present price action to predict the probability of Asbury Automotive's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asbury Automotive's price. Additionally, you may evaluate how the addition of Asbury Automotive to your portfolios can decrease your overall portfolio volatility.
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Is Asbury Automotive'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 Asbury Automotive. If investors know Asbury 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 Asbury Automotive 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 (0.14) | Earnings Share 27.59 | Revenue Per Share 749.536 | Quarterly Revenue Growth 0.173 | Return On Assets 0.0739 |
The market value of Asbury Automotive is measured differently than its book value, which is the value of Asbury that is recorded on the company's balance sheet. Investors also form their own opinion of Asbury Automotive's value that differs from its market value or its book value, called intrinsic value, which is Asbury Automotive'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 Asbury Automotive's market value can be influenced by many factors that don't directly affect Asbury Automotive'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 Asbury Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Asbury Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Asbury Automotive'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.