The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. More Details
Fair value with moderate growth potential.
Share Price & News
How has Goodyear Tire & Rubber's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: GT's weekly volatility (10%) has been stable over the past year.
7 Day Return
US Auto Components
1 Year Return
US Auto Components
Return vs Industry: GT underperformed the US Auto Components industry which returned 19.6% over the past year.
Return vs Market: GT underperformed the US Market which returned 22.1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Goodyear Tire & Rubber's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Goodyear Tire & Rubber (NASDAQ:GT) Using Too Much Debt?
1 month ago | Simply Wall StWould Shareholders Who Purchased Goodyear Tire & Rubber's (NASDAQ:GT) Stock Three Years Be Happy With The Share price Today?
2 months ago | Simply Wall StCould The The Goodyear Tire & Rubber Company (NASDAQ:GT) Ownership Structure Tell Us Something Useful?
Is Goodyear Tire & Rubber undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: GT ($11.09) is trading below our estimate of fair value ($35.54)
Significantly Below Fair Value: GT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GT is unprofitable, so we can't compare its PE Ratio to the US Auto Components industry average.
PE vs Market: GT is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GT is good value based on its PB Ratio (0.9x) compared to the US Auto Components industry average (2x).
How is Goodyear Tire & Rubber forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).
Earnings vs Market: GT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: GT's is expected to become profitable in the next 3 years.
Revenue vs Market: GT's revenue (6% per year) is forecast to grow slower than the US market (10.2% per year).
High Growth Revenue: GT's revenue (6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GT's Return on Equity is forecast to be low in 3 years time (12.7%).
How has Goodyear Tire & Rubber performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GT is currently unprofitable.
Growing Profit Margin: GT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GT is unprofitable, and losses have increased over the past 5 years at a rate of 57% per year.
Accelerating Growth: Unable to compare GT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GT is unprofitable, making it difficult to compare its past year earnings growth to the Auto Components industry (-10.3%).
Return on Equity
High ROE: GT has a negative Return on Equity (-56.47%), as it is currently unprofitable.
How is Goodyear Tire & Rubber's financial position?
Financial Position Analysis
Short Term Liabilities: GT's short term assets ($5.7B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: GT's short term assets ($5.7B) do not cover its long term liabilities ($8.3B).
Debt to Equity History and Analysis
Debt Level: GT's debt to equity ratio (210.6%) is considered high.
Reducing Debt: GT's debt to equity ratio has increased from 121.5% to 210.6% over the past 5 years.
Debt Coverage: GT's debt is not well covered by operating cash flow (17.3%).
Interest Coverage: Insufficient data to determine if GT's interest payments on its debt are well covered by EBIT.
What is Goodyear Tire & Rubber current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GT is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GT's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rich Kramer (56 yo)
Mr. Richard J. Kramer, also known as Rich, has been Chairman, Chief Executive Officer and President of The Goodyear Tire & Rubber Company since April 13, 2010. Mr. Kramer serves as the Chairman and Chief E...
CEO Compensation Analysis
Compensation vs Market: Rich's total compensation ($USD16.97M) is above average for companies of similar size in the US market ($USD5.19M).
Compensation vs Earnings: Rich's compensation has increased whilst the company is unprofitable.
|Chairman of the Board||10.67yrs||US$16.97m||0.20% |
|Executive VP & CFO||2.25yrs||US$7.40m||0.0031% |
|President of Americas||4.92yrs||US$5.81m||0.039% |
|President of Asia Pacific||no data||US$2.98m||0.0057% |
|President of Europe||3.25yrs||US$3.76m||0.012% |
|Senior Vice President of Global Operations & Technology||1.92yrs||no data||0.0047% |
|Senior VP & CTO||3.25yrs||no data||0.00041% |
|Treasurer and VP of Finance||6.25yrs||no data||no data|
|Senior VP & General Counsel||1.5yrs||no data||0.00065% |
|Senior VP & Chief Communications Officer||1.92yrs||no data||0.0022% |
|Chief Marketing Officer||3.25yrs||no data||no data|
|Senior VP & Chief Human Resources Officer||1.83yrs||no data||0.0027% |
Experienced Management: GT's management team is considered experienced (3.3 years average tenure).
|Chairman of the Board||10.67yrs||US$16.97m||0.20% |
|Independent Director||13yrs||US$343.99k||no data|
|Independent Director||8.33yrs||US$315.62k||no data|
|Independent Director||13.67yrs||US$357.22k||no data|
|Independent Director||12.17yrs||US$324.95k||no data|
|Independent Director||10.17yrs||US$331.98k||no data|
|Lead Independent Director||1.5yrs||US$327.06k||no data|
|Independent Director||9.83yrs||US$325.36k||0.021% |
|Independent Director||8yrs||US$318.64k||no data|
|Independent Director||1.83yrs||US$200.77k||no data|
|Independent Director||1yr||US$9.89k||no data|
Experienced Board: GT's board of directors are seasoned and experienced ( 10 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Goodyear Tire & Rubber Company's company bio, employee growth, exchange listings and data sources
- Name: The Goodyear Tire & Rubber Company
- Ticker: GT
- Exchange: NasdaqGS
- Founded: 1898
- Industry: Tires and Rubber
- Sector: Automobiles
- Market Cap: US$2.585b
- Shares outstanding: 233.13m
- Website: https://www.goodyear.com
Number of Employees
- The Goodyear Tire & Rubber Company
- 200 Innovation Way
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|GT||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1968|
|GT||SWX (SIX Swiss Exchange)||Yes||Common Stock||CH||CHF||Jan 1968|
|GTR||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jan 1968|
|GTR||XTRA (XETRA Trading Platform)||Yes||Common Stock||DE||EUR||Jan 1968|
|GT *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jan 1968|
|0QLL||LSE (London Stock Exchange)||Yes||Common Stock||GB||CHF||Jan 1968|
|GYT||WBAG (Wiener Boerse AG)||Yes||Common Stock||AT||EUR||Jan 1968|
The Goodyear Tire & Rubber Company, together with its subsidiaries, develops, manufactures, distributes, and sells tires and related products and services worldwide. It offers various lines of rubber tires...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/04 23:32|
|End of Day Share Price||2020/12/04 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.