Financials AutoZone, Inc.

Equities

AZO

US0533321024

Auto Vehicles, Parts & Service Retailers

Market Closed - Nyse 04:00:02 2024-04-26 pm EDT 5-day change 1st Jan Change
2,946 USD +0.02% Intraday chart for AutoZone, Inc. -1.33% +13.94%

Valuation

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 26,171 27,985 34,232 42,152 44,544 50,974 - -
Enterprise Value (EV) 1 31,201 31,747 38,331 48,010 51,935 59,270 59,448 58,161
P/E ratio 16.8 x 16.7 x 16.7 x 18.5 x 18.5 x 19.3 x 17.7 x 15.9 x
Yield - - - - - - - -
Capitalization / Revenue 2.21 x 2.22 x 2.34 x 2.59 x 2.55 x 2.73 x 2.62 x 2.48 x
EV / Revenue 2.63 x 2.51 x 2.62 x 2.95 x 2.98 x 3.17 x 3.06 x 2.83 x
EV / EBITDA 12.1 x 11.3 x 11.4 x 12.9 x 13.1 x 13.4 x 12.9 x 11.9 x
EV / FCF 19.1 x 14 x 13.2 x 18.9 x 24.2 x 21.6 x 21.5 x 19.6 x
FCF Yield 5.23% 7.13% 7.56% 5.29% 4.13% 4.63% 4.65% 5.1%
Price to Book -15 x -31.9 x -18.7 x -11.7 x -10.1 x -10.8 x -11 x -14.6 x
Nbr of stocks (in thousands) 24,529 23,359 21,545 19,488 18,156 17,303 - -
Reference price 2 1,067 1,198 1,589 2,163 2,453 2,946 2,946 2,946
Announcement Date 9/24/19 9/22/20 9/21/21 9/19/22 9/19/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 11,864 12,632 14,630 16,252 17,457 18,686 19,446 20,559
EBITDA 1 2,586 2,815 3,352 3,713 3,972 4,421 4,608 4,873
EBIT 1 2,216 2,418 2,945 3,271 3,474 3,874 4,015 4,248
Operating Margin 18.68% 19.14% 20.13% 20.12% 19.9% 20.73% 20.65% 20.66%
Earnings before Tax (EBT) 1 2,031 2,217 2,749 3,079 3,168 3,450 3,573 3,762
Net income 1 1,617 1,733 2,170 2,430 2,528 2,716 2,801 2,956
Net margin 13.63% 13.72% 14.84% 14.95% 14.48% 14.53% 14.4% 14.38%
EPS 2 63.43 71.93 95.19 117.2 132.4 153.0 166.7 185.3
Free Cash Flow 1 1,632 2,262 2,897 2,539 2,144 2,741 2,763 2,965
FCF margin 13.76% 17.91% 19.8% 15.62% 12.28% 14.67% 14.21% 14.42%
FCF Conversion (EBITDA) 63.12% 80.36% 86.41% 68.38% 53.99% 62.01% 59.96% 60.84%
FCF Conversion (Net income) 100.94% 130.55% 133.47% 104.49% 84.8% 100.95% 98.64% 100.29%
Dividend per Share 2 - - - - - - - -
Announcement Date 9/24/19 9/22/20 9/21/21 9/19/22 9/19/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: August 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 3,669 3,370 3,865 5,348 3,985 3,691 4,091 5,691 4,190 3,859 4,315 6,307 4,411 4,075 4,557
EBITDA 1 854.1 726.5 887.8 1,245 832.3 783.7 974.6 1,381 968.8 868.2 1,046 1,547 1,026 913.8 1,105
EBIT 1 754.5 626.8 785.7 1,104 723 670 858.5 1,222 848.6 743.2 916.7 1,361 898.4 777.1 967.4
Operating Margin 20.56% 18.6% 20.33% 20.64% 18.14% 18.15% 20.99% 21.48% 20.25% 19.26% 21.25% 21.58% 20.37% 19.07% 21.23%
Earnings before Tax (EBT) 1 711.2 584.3 743.8 1,040 665.3 604.4 784.2 1,114 757.2 640.6 820 1,233 797.8 672.5 865.6
Net income 1 555.2 471.8 592.6 810 539.3 476.5 647.7 864.8 593.5 515 640.6 965.5 623.3 528.4 673.7
Net margin 15.13% 14% 15.33% 15.15% 13.53% 12.91% 15.83% 15.2% 14.16% 13.35% 14.85% 15.31% 14.13% 12.97% 14.78%
EPS 2 25.69 22.30 29.03 40.51 27.45 24.64 34.12 46.46 32.55 28.89 36.16 55.52 36.33 30.93 40.65
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 12/7/21 3/1/22 5/24/22 9/19/22 12/6/22 2/28/23 6/9/23 9/19/23 12/5/23 2/27/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: August 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 5,030 3,763 4,098 5,858 7,391 8,296 8,474 7,187
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.945 x 1.337 x 1.223 x 1.578 x 1.861 x 1.876 x 1.839 x 1.475 x
Free Cash Flow 1 1,632 2,262 2,897 2,539 2,144 2,741 2,763 2,965
ROE (net income / shareholders' equity) - - - - - - - -
ROA (Net income/ Total Assets) 16.3% 14.3% 15% 16.3% 16.2% 16.3% 16.2% 16%
Assets 1 9,896 12,160 14,469 14,896 15,630 16,707 17,267 18,476
Book Value Per Share 2 -71.30 -37.60 -85.00 -185.0 -244.0 -274.0 -267.0 -202.0
Cash Flow per Share 2 83.50 113.0 154.0 155.0 154.0 206.0 223.0 251.0
Capex 1 496 458 622 672 797 982 992 999
Capex / Sales 4.18% 3.62% 4.25% 4.14% 4.56% 5.25% 5.1% 4.86%
Announcement Date 9/24/19 9/22/20 9/21/21 9/19/22 9/19/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
29
Last Close Price
2,946 USD
Average target price
3,269 USD
Spread / Average Target
+10.95%
Consensus
  1. Stock Market
  2. Equities
  3. AZO Stock
  4. Financials AutoZone, Inc.