Alphabet Class C Stock Fundamentals
GOOG Stock | USD 151.94 0.24 0.16% |
Alphabet Class C fundamentals help investors to digest information that contributes to Alphabet's financial success or failures. It also enables traders to predict the movement of Alphabet Stock. The fundamental analysis module provides a way to measure Alphabet's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Alphabet stock.
At this time, Alphabet's Total Revenue is most likely to increase significantly in the upcoming years. The Alphabet's current Gross Profit is estimated to increase to about 182.8 B, while Net Income From Continuing Ops is projected to decrease to roughly 41.5 B. Alphabet | Select Account or Indicator |
Alphabet Price To Earning Analysis
Alphabet's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
More About Price To Earning | All Equity Analysis
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 146.7B | 156.6B | 174.1B | 182.8B | Total Revenue | 257.6B | 282.8B | 307.4B | 322.8B |
P/E | = | Market Value Per ShareEarnings Per Share |
Current Alphabet Price To Earning | 20.62 X |
Most of Alphabet's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Alphabet Class C is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Alphabet Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Alphabet Class C has a Price To Earning of 20.62 times. This is 75.87% lower than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The price to earning for all United States stocks is 28.2% higher than that of the company.
Alphabet Class C Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Alphabet's current stock value. Our valuation model uses many indicators to compare Alphabet value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Alphabet competition to find correlations between indicators driving Alphabet's intrinsic value. More Info.Alphabet Class C is one of the top stocks in cash and equivalents category among related companies. It is one of the top stocks in current liabilities category among related companies creating about 0.14 of Current Liabilities per Cash And Equivalents. The ratio of Cash And Equivalents to Current Liabilities for Alphabet Class C is roughly 6.94 . At this time, Alphabet's Total Current Liabilities is most likely to increase significantly in the upcoming years. The Alphabet's current Non Current Liabilities Total is estimated to increase to about 39.1 B, while Non Current Liabilities Other is projected to decrease to roughly 1.5 B.. Comparative valuation analysis is a catch-all model that can be used if you cannot value Alphabet by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Alphabet's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Alphabet's earnings, one of the primary drivers of an investment's value.Alphabet Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alphabet's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Alphabet could also be used in its relative valuation, which is a method of valuing Alphabet by comparing valuation metrics of similar companies.Alphabet is currently under evaluation in current valuation category among related companies.
Alphabet Fundamentals
Return On Equity | 0.27 | ||||
Return On Asset | 0.14 | ||||
Profit Margin | 0.24 % | ||||
Operating Margin | 0.29 % | ||||
Current Valuation | 1.8 T | ||||
Shares Outstanding | 5.67 B | ||||
Shares Owned By Insiders | 0.01 % | ||||
Shares Owned By Institutions | 62.11 % | ||||
Number Of Shares Shorted | 35.22 M | ||||
Price To Earning | 20.62 X | ||||
Price To Book | 6.66 X | ||||
Price To Sales | 6.11 X | ||||
Revenue | 307.39 B | ||||
Gross Profit | 156.63 B | ||||
EBITDA | 96.24 B | ||||
Net Income | 73.8 B | ||||
Cash And Equivalents | 116.26 B | ||||
Cash Per Share | 8.98 X | ||||
Total Debt | 28.5 B | ||||
Debt To Equity | 0.12 % | ||||
Current Ratio | 2.52 X | ||||
Book Value Per Share | 22.74 X | ||||
Cash Flow From Operations | 101.75 B | ||||
Short Ratio | 1.24 X | ||||
Earnings Per Share | 5.80 X | ||||
Price To Earnings To Growth | 1.59 X | ||||
Target Price | 150.08 | ||||
Number Of Employees | 182.5 K | ||||
Beta | 1.04 | ||||
Market Capitalization | 1.88 T | ||||
Total Asset | 402.39 B | ||||
Retained Earnings | 211.25 B | ||||
Working Capital | 89.72 B | ||||
Current Asset | 105.41 B | ||||
Current Liabilities | 16.76 B | ||||
Z Score | 42.09 | ||||
Net Asset | 402.39 B |
About Alphabet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alphabet Class C's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alphabet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alphabet Class C based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.Last Reported | Projected for 2024 | ||
Current Deferred Revenue | 4.1 B | 4.3 B | |
Total Revenue | 307.4 B | 322.8 B | |
Cost Of Revenue | 133.3 B | 140 B | |
Ebit Per Revenue | 0.27 | 0.18 |
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Complementary Tools for Alphabet Stock analysis
When running Alphabet's price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alphabet. If investors know Alphabet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alphabet listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.56 | Earnings Share 5.8 | Revenue Per Share 24.338 | Quarterly Revenue Growth 0.135 | Return On Assets 0.1437 |
The market value of Alphabet Class C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.