Advanced Competitors

Stocks . Germany . 
Stock . Advanced Drainage Systems
6DA Stock  EUR 110.60  0.05  0.05%   
Advanced Drainage Systems competes with Bridgestone, Goodyear Tire, Sumitomo Rubber, and Zeon; as well as few others. The company classifies itself under Consumer Cyclical sector and is part of Rubber & Plastics industry. Analyzing Advanced Drainage 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 Advanced Drainage to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Advanced Drainage 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 Advanced Drainage competition on your existing holdings.
  
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Hype
Prediction
LowEstimatedHigh
108.16110.60113.04
Details
Intrinsic
Valuation
LowRealHigh
98.95101.39121.66
Details

Advanced Drainage Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Advanced Drainage 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 Advanced 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 Advanced Drainage Systems does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
NRE
+ 0.78
6DA
PKW
+ 0.78
GTR
NRE
+ 0.77
BGT
PKW
+ 0.74
108
108
+ 0.73
GTR
NZE
+ 0.7
GTR
  
High negative correlations   
108
- 0.89
6DA
NRE
- 0.8
GTR
NRE
- 0.74
108
NRE
- 0.72
NZE
PKW
- 0.71
NRE
PKW
- 0.71
6DA

Risk-Adjusted Indicators

There is a big difference between Advanced Stock performing well and Advanced Drainage 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 Advanced Drainage's 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.
All Fundamental Data

Advanced Drainage Competitive Analysis

The better you understand Advanced Drainage competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Advanced Drainage's 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 Advanced Drainage's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
6DA BGT GTR 108 NZE NRE HOF PKW GH8
 0.05 
 110.60 
Advanced
 0.68 
 32.06 
Bridgestone
 0.24 
 8.21 
Goodyear
 0.94 
 10.70 
Sumitomo
 0.57 
 8.75 
Zeon
 0.56 
 7.16 
Nokian
 1.96 
 1.56 
Essentra
 3.23 
 0.30 
Polyplex
 2.50 
 0.06 
GH8
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Somewhat reliable
Somewhat reliable
Not too volatile
Not too volatile
Risky
Out of control
Out of control
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Modest
Modest
Insignificant
Very Weak
Very Weak
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Below Average
Low
Low
Quite High
Current Valuation
(Equity Enterprise Value)
Over Valued
Over Valued
Under Valued
Over Valued
Fairly Valued
Over Valued
Over Valued
Under Valued
Over Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Strong Sell
Current Ratio
2.26
2.05
1.34
1.42
1.87
3.1
1.67
1.59
1.5
Net Asset
2.65 B
4.57 T
22.43 B
1.09 T
484.66 B
2.38 B
1.28 B
25.56 B
18.45 T
Profit Margin
0.15
0.0731
0.0097
0.0086
0.0628
-0.0988
-0.18
0.11
-0.0061
EBITDA
558.87 M
644.26 B
1.81 B
118.78 B
67.83 B
423.3 M
121.7 M
5.12 B
724.73 B
Operating Margin
0.23
0.11
0.0436
0.0136
0.0921
0.11
0.0466
0.12
N/A
Current Valuation
7.85 B
25.53 B
10.91 B
3.71 B
1.76 B
1.79 B
1.18 B
615.73 M
403.98 M
Price To Book
6.03
1.12
0.61
0.52
0.76
0.83
1.53
1.05
0.15
Five Year Return
N/A
3.1
1.38
3.07
1.43
4.9
3.23
N/A
N/A
Beta
1.37
0.53
1.85
0.6
0.71
0.89
1.27
1.04
1.19
Number Of Employees
5.63 K
10
74 K
39
3.98 K
4.54 K
8.33 K
10
17.45 K
Shares Outstanding
81.23 M
684.38 M
283.01 M
263 M
203.64 M
138.25 M
301.69 M
800 M
3.48 B
Cash Flow From Operations
274.89 M
281.54 B
521 M
63.09 B
33.14 B
396.5 M
63.2 M
1.79 B
294.42 B
Annual Yield
0.0054
0.039
0.0363
0.0298
0.0302
0.0598
0.0297
0.0747
0.0186
Total Debt
908.71 M
356.67 B
7.27 B
170.5 B
N/A
128.4 M
313.3 M
2.03 B
4.66 T
Return On Equity
0.48
0.11
0.0393
0.0231
0.0739
-0.11
0.0222
0.17
-0.016
Z Score
5.2
N/A
N/A
N/A
N/A
5.4
1.2
N/A
N/A
Return On Asset
0.16
0.0578
0.0258
0.0081
0.0426
0.0508
0.0233
0.0821
0.0197
Book Value Per Share
13.15
4333.76
18.74
2076.74
1610.23
10.37
1.5
21.04
0.11
Total Asset
2.65 B
4.57 T
22.43 B
1.09 T
484.66 B
2.38 B
1.28 B
25.56 B
18.45 T
Debt To Equity
46.8
20.5
150.5
61.8
9.2
22.4
51.5
22.4
124.4
Target Price
130.25
N/A
19.88
N/A
N/A
N/A
N/A
N/A
N/A
Last Dividend Paid
0.47
N/A
N/A
35.0
33.0
0.55
0.063
0.91
N/A
Shares Owned By Institutions
87.17
38.64
81.96
38.2
31.15
47.72
99.36
0.91
2.08
Market Capitalization
6.62 B
24.72 B
3.06 B
2.22 B
1.83 B
1.18 B
806.3 M
460.81 M
129.23 M
Price To Earning
23.8
8.77
6.38
6.14
19.46
8.4
399.33
7.04
8.0
Price To Sales
2.14
0.0061
0.14
0.002
0.005
0.73
0.79
0.0226
0.0631
Net Income
271.33 M
394.04 B
202 M
29.47 B
33.41 B
206.2 M
26.9 M
3.55 B
86.36 B
Earnings Per Share
5.24
3.16
0.68
0.6
0.79
-0.9
0.04
0.09
N/A
Shares Owned By Insiders
15.53
18.1
0.43
32.49
26.1
12.03
0.64
N/A
65.67
Revenue
2.77 B
3.25 T
20.8 B
936.04 B
361.73 B
1.71 B
959.7 M
21.54 B
15.34 T
Cash And Equivalents
8.89 M
5.04 B
917 M
597.02 M
324.44 M
109.3 M
78.79 M
15.81 M
76.61 M
Cash Per Share
0.16
6.7
3.94
2.27
1.49
0.79
0.3
0.02
0.02
Gross Profit
819.57 M
1.59 T
3.88 B
253.22 B
120.36 B
457.3 M
83.9 M
6.26 B
2.1 T
Day Typical Price
110.63
32.06
8.21
10.7
8.75
7.16
1.56
0.3
0.0577
Accumulation Distribution
0.017
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.19
Market Facilitation Index
1.9
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0115
Daily Balance Of Power
0.0263
(9,223,372,036,855)
9.2 T
9.2 T
9.2 T
(9,223,372,036,855)
9.2 T
(9,223,372,036,855)
0.1304
Period Momentum Indicator
0.05
(0.22)
0.02
0.1
0.05
(0.04)
0.03
(0.01)
0.0015
Rate Of Daily Change
1.0
0.99
1.0
1.01
1.01
0.99
1.02
0.97
1.03
Day Median Price
110.65
32.06
8.21
10.7
8.75
7.16
1.56
0.3
0.0558
Price Action Indicator
(0.03)
(0.11)
0.01
0.05
0.025
(0.02)
0.015
(0.01)
0.0065
Coefficient Of Variation
(856.96)
(1,655)
1773.7
1198.97
1493.6
(676.78)
(1,361)
852.0
2293.87
Mean Deviation
1.55
1.17
2.37
1.53
1.11
1.2
1.3
4.5
4.17
Jensen Alpha
(0.30)
(0.09)
0.1154
0.1859
0.0965
(0.24)
(0.14)
1.77
0.3404
Total Risk Alpha
(0.40)
(0.17)
0.0342
0.0812
0.0293
(0.31)
(0.21)
1.18
(0.01)
Sortino Ratio
N/A
N/A
0.055
0.0521
0.0411
N/A
N/A
0.3347
0.0513
Downside Variance
N/A
N/A
7.21
7.8
2.68
N/A
N/A
30.15
42.44
Standard Deviation
2.44
1.5
3.41
2.28
1.67
1.55
1.7
16.04
8.69
Kurtosis
13.21
0.2779
8.79
3.67
7.78
0.5075
0.5595
62.49
11.12
Potential Upside
2.49
2.39
4.6
3.96
2.38
2.27
2.34
7.14
13.16
Treynor Ratio
(6.46)
0.5364
0.0944
(1.11)
0.644
(3.32)
(3.51)
0.6466
0.4528
Maximum Drawdown
20.79
6.78
25.88
14.18
12.14
7.83
7.88
136.9
68.86
Variance
5.94
2.24
11.66
5.2
2.8
2.42
2.88
257.36
75.44
Market Risk Adjusted Performance
(6.45)
0.5464
0.1044
(1.10)
0.654
(3.31)
(3.50)
0.6566
0.4628
Risk Adjusted Performance
(0.09)
(0.04)
0.0527
0.0732
0.0587
(0.11)
(0.05)
0.1033
0.0439
Skewness
(2.01)
(0.11)
1.77
(0.40)
1.56
(0.35)
(0.59)
7.8
2.09
Semi Deviation
N/A
N/A
2.5
2.18
1.23
N/A
N/A
1.31
5.65
Information Ratio
(0.14)
(0.09)
0.0433
0.0638
0.0402
(0.18)
(0.1)
0.1146
0.0384
Value At Risk
(3.15)
(2.36)
(3.65)
(3.67)
(2.34)
(3.10)
(3.74)
(3.23)
(6.50)
Expected Short fall
N/A
N/A
(2.80)
(1.77)
(1.46)
N/A
N/A
(23.08)
(6.36)
Downside Deviation
N/A
N/A
2.69
2.79
1.64
N/A
N/A
5.49
6.51
Semi Variance
N/A
N/A
6.23
4.77
1.51
N/A
N/A
1.72
31.94

Advanced Drainage Competition Performance Charts

Five steps to successful analysis of Advanced Drainage Competition

Advanced Drainage's 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 Advanced Drainage Systems in relation to its competition. Advanced Drainage's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Advanced Drainage 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 Advanced Drainage's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Advanced Drainage Systems, 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 Advanced Drainage position

In addition to having Advanced Drainage 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.

Did You Try This Idea?

Run Food Products Thematic Idea Now

Food Products
Food Products Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Food Products theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Food Products Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Advanced Stock

When determining whether Advanced Drainage Systems is a strong investment it is important to analyze Advanced Drainage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Advanced Drainage's future performance. For an informed investment choice regarding Advanced Stock, refer to the following important reports:
How To Invest In Advanced
Details
Is Advanced Stock a good investment?
Details
What is Advanced Drainage's Net Worth?
Details
Largest Building Products Companies
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Largest Building Products & Equipment Companies
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Check out Advanced Drainage Correlation with its peers.
You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Advanced Drainage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Advanced Drainage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Advanced Drainage'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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