AutoZone
Market Cap
US$32.4b
Last Updated
2021/05/06 22:02 UTC
Data Sources
Company Financials +
Executive Summary
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with limited growth.
Similar Companies
Share Price & News
How has AutoZone's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AZO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: AZO's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
0.9%
AZO
-0.8%
US Specialty Retail
-1.7%
US Market
1 Year Return
47.1%
AZO
106.4%
US Specialty Retail
51.8%
US Market
Return vs Industry: AZO underperformed the US Specialty Retail industry which returned 110.4% over the past year.
Return vs Market: AZO underperformed the US Market which returned 52.8% over the past year.
Shareholder returns
| AZO | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | -0.8% | -1.7% |
| 30 Day | 4.0% | 4.0% | 1.5% |
| 90 Day | 22.0% | 12.3% | 3.1% |
| 1 Year | 47.1%47.1% | 107.6%106.4% | 54.4%51.8% |
| 3 Year | 126.1%126.1% | 115.8%107.5% | 63.0%52.8% |
| 5 Year | 90.7%90.7% | 131.8%115.4% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is AutoZone's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is There Now An Opportunity In AutoZone, Inc. (NYSE:AZO)?1 month ago | Simply Wall St
AutoZone, Inc.'s (NYSE:AZO) Intrinsic Value Is Potentially 20% Below Its Share Price1 month ago | Simply Wall St
Is Now The Time To Put AutoZone (NYSE:AZO) On Your Watchlist?Valuation
Is AutoZone undervalued compared to its fair value and its price relative to the market?
18.41x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AZO ($1488.85) is trading above our estimate of fair value ($1270.6)
Significantly Below Fair Value: AZO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AZO is poor value based on its PE Ratio (18.4x) compared to the US Specialty Retail industry average (16.8x).
PE vs Market: AZO is good value based on its PE Ratio (18.4x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: AZO is poor value based on its PEG Ratio (4.5x)
Price to Book Ratio
PB vs Industry: AZO has negative assets, so we can't compare its PB Ratio to the US Specialty Retail industry average.
Future Growth
How is AutoZone forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AZO's forecast earnings growth (4.1% per year) is above the savings rate (2%).
Earnings vs Market: AZO's earnings (4.1% per year) are forecast to grow slower than the US market (15.7% per year).
High Growth Earnings: AZO's earnings are forecast to grow, but not significantly.
Revenue vs Market: AZO's revenue (4% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: AZO's revenue (4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AZO's Return on Equity is forecast to be very high in 3 years time (663.3%).
Past Performance
How has AutoZone performed over the past 5 years?
8.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AZO has high quality earnings.
Growing Profit Margin: AZO's current net profit margins (14%) are higher than last year (13.4%).
Past Earnings Growth Analysis
Earnings Trend: AZO's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: AZO's earnings growth over the past year (15.5%) exceeds its 5-year average (8.7% per year).
Earnings vs Industry: AZO earnings growth over the past year (15.5%) underperformed the Specialty Retail industry 47.4%.
Return on Equity
High ROE: AZO's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Financial Health
How is AutoZone's financial position?
Financial Position Analysis
Short Term Liabilities: AZO has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: AZO has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: AZO has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: AZO's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: AZO's debt is well covered by operating cash flow (56.3%).
Interest Coverage: AZO's interest payments on its debt are well covered by EBIT (13.3x coverage).
Balance Sheet
Dividend
What is AutoZone current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AZO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AZO'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 AZO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AZO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of AZO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.5yrs
Average management tenure
CEO
Bill Rhodes (55 yo)
16.17yrs
Tenure
US$11,531,361
Compensation
Mr. William C. Rhodes, III, also known as Bill, has been the President and Chief Executive Officer of Autozone, Inc. since March 14, 2005. Mr. Rhodes served as an Executive Vice President of Store Operatio...
CEO Compensation Analysis
Compensation vs Market: Bill's total compensation ($USD11.53M) is about average for companies of similar size in the US market ($USD11.15M).
Compensation vs Earnings: Bill's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: AZO's management team is seasoned and experienced (6.5 years average tenure).
Board Members
Experienced Board: AZO's board of directors are considered experienced (8 years average tenure).
Ownership
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
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
AutoZone, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: AutoZone, Inc.
- Ticker: AZO
- Exchange: NYSE
- Founded: 1979
- Industry: Automotive Retail
- Sector: Retail
- Market Cap: US$32.441b
- Shares outstanding: 22.04m
- Website: https://www.autozone.com
Number of Employees
Location
- AutoZone, Inc.
- 123 South Front Street
- Memphis
- Tennessee
- 38103
- United States
Listings
Biography
AutoZone, Inc. retails and distributes automotive replacement parts and accessories. The company offers various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufa...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/06 22:02 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/02/13 |
| Annual Earnings | 2020/08/29 |
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.