Advance Auto Parts, Inc. (AAP)
Total Valuation
AAP has a market cap or net worth of $3.63 billion. The enterprise value is $7.31 billion.
| Market Cap | 3.63B |
| Enterprise Value | 7.31B |
Important Dates
The next estimated earnings date is Tuesday, February 27, 2024, before market open.
| Earnings Date | Feb 27, 2024 |
| Ex-Dividend Date | Jan 11, 2024 |
Share Statistics
AAP has 59.50 million shares outstanding. The number of shares has decreased by -1.25% in one year.
| Shares Outstanding | 59.50M |
| Shares Change (YoY) | -1.25% |
| Shares Change (QoQ) | +0.04% |
| Owned by Insiders (%) | 0.90% |
| Owned by Institutions (%) | 98.46% |
| Float | 58.80M |
Valuation Ratios
The trailing PE ratio is 19.50 and the forward PE ratio is 18.34. AAP's PEG ratio is 0.91.
| PE Ratio | 19.50 |
| Forward PE | 18.34 |
| PS Ratio | 0.32 |
| Forward PS | 0.31 |
| PB Ratio | 1.37 |
| P/FCF Ratio | n/a |
| PEG Ratio | 0.91 |
Enterprise Valuation
| EV / Earnings | 39.28 |
| EV / Sales | 0.65 |
| EV / EBITDA | 11.65 |
| EV / EBIT | 22.58 |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 1.23, with a Debt / Equity ratio of 1.51.
| Current Ratio | 1.23 |
| Quick Ratio | 0.23 |
| Debt / Equity | 1.51 |
| Debt / EBITDA | 6.37 |
| Debt / FCF | n/a |
| Interest Coverage | 3.77 |
Financial Efficiency
Return on equity (ROE) is 7.00% and return on invested capital (ROIC) is 3.68%.
| Return on Equity (ROE) | 7.00% |
| Return on Assets (ROA) | 1.50% |
| Return on Capital (ROIC) | 3.68% |
| Revenue Per Employee | $168,604 |
| Profits Per Employee | $2,777 |
| Employee Count | 67,000 |
| Asset Turnover | 0.93 |
| Inventory Turnover | 1.34 |
Taxes
In the past 12 months, AAP has paid $51.77 million in taxes.
| Income Tax | 51.77M |
| Effective Tax Rate | 21.77% |
Stock Price Statistics
The stock price has decreased by -58.29% in the last 52 weeks. The beta is 1.10, so AAP's price volatility has been higher than the market average.
| Beta (1Y) | 1.10 |
| 52-Week Price Change | -58.29% |
| 50-Day Moving Average | 55.35 |
| 200-Day Moving Average | 77.26 |
| Relative Strength Index (RSI) | 58.45 |
| Average Volume (30 Days) | 2,030,911 |
Short Selling Information
The latest short interest is 6.44 million, so 10.82% of the outstanding shares have been sold short.
| Short Interest | 6.44M |
| Short Previous Month | 5.34M |
| Short % of Shares Out | 10.82% |
| Short % of Float | 10.95% |
| Short Ratio (days to cover) | 2.36 |
Income Statement
In the last 12 months, AAP had revenue of $11.30 billion and earned $186.08 million in profits. Earnings per share was $3.13.
| Revenue | 11.30B |
| Gross Profit | 4.70B |
| Operating Income | 312.67M |
| Pretax Income | 237.85M |
| Net Income | 186.08M |
| EBITDA | 627.34M |
| EBIT | 323.79M |
| Earnings Per Share (EPS) | $3.13 |
Balance Sheet
The company has $317.53 million in cash and $4.00 billion in debt, giving a net cash position of -$3.68 billion or -$61.81 per share.
| Cash & Cash Equivalents | 317.53M |
| Total Debt | 4.00B |
| Net Cash | -3.68B |
| Net Cash Per Share | -$61.81 |
| Equity / Book Value | 2.65B |
| Book Value Per Share | 44.48 |
| Working Capital | 1.18B |
Cash Flow
In the last 12 months, operating cash flow was $269.53 million and capital expenditures -$277.83 million, giving a free cash flow of -$8.30 million.
| Operating Cash Flow | 269.53M |
| Capital Expenditures | -277.83M |
| Free Cash Flow | -8.30M |
| FCF Per Share | -$0.14 |
Margins
Gross margin is 41.57%, with operating and profit margins of 2.77% and 1.65%.
| Gross Margin | 41.57% |
| Operating Margin | 2.77% |
| Pretax Margin | 2.11% |
| Profit Margin | 1.65% |
| EBITDA Margin | 5.55% |
| EBIT Margin | 2.87% |
| FCF Margin | -0.07% |
Dividends & Yields
This stock pays an annual dividend of $1.00, which amounts to a dividend yield of 1.64%.
| Dividend Per Share | $1.00 |
| Dividend Yield | 1.64% |
| Earnings Yield | 5.12% |
| FCF Yield | -0.23% |
| Dividend Growth (YoY) | -62.50% |
| Payout Ratio | 31.95% |
| Buyback Yield | 1.25% |
| Shareholder Yield | 2.89% |
Analyst Forecast
The average price target for AAP is $71.00, which is 16.34% higher than the current price. The consensus rating is "Hold".
| Price Target | $71.00 |
| Price Target Difference | 16.34% |
| Analyst Consensus | Hold |
| Analyst Count | 22 |
| Revenue Growth Forecast (5Y) | 2.37% |
| EPS Growth Forecast (5Y) | -4.74% |
Stock Splits
The last stock split was on September 26, 2005. It was a forward split with a ratio of 3:2.
| Last Split Date | Sep 26, 2005 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
AAP has an Altman Z-Score of 1.89 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.89 |
| Piotroski F-Score | 7 |