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Advance Auto Parts Inc AAP

Morningstar Rating
$61.17 −0.64 (1.04%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

AAP is trading at a 47% discount.
Price
$61.00
Fair Value
$989.17
Uncertainty
Very High
1-Star Price
$255.19
5-Star Price
$85.68
Economic Moat
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Capital Allocation
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News

Trading Information

Previous Close Price
$61.81
Day Range
$60.4362.29
52-Week Range
$47.73149.17
Bid/Ask
$60.81 / $62.00
Market Cap
$3.64 Bil
Volume/Avg
1.4 Mil / 1.6 Mil

Key Statistics

Price/Earnings (Normalized)
10.45
Price/Sales
0.34
Dividend Yield (Trailing)
3.68%
Dividend Yield (Forward)
1.63%
Total Yield
6.15%

Company Profile

Advance Auto Parts is one of the industry’s largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers and third-party vehicle repair facilities in North America. Advance operated 5,086 stores as of the end of 2022, in addition to servicing 1,311 independently owned Carquest stores. The company’s Worldpac chain is a premier distributor of imported original-equipment parts. Advance derived 59% of its 2022 sales from commercial clients, with the remainder from DIY shoppers.
Sector
Consumer Cyclical
Industry
Specialty Retail
Stock Style Box
Small Value
Total Number of Employees
67,000

Comparables

Valuation

Metric
AAP
ORLY
AZO
Price/Earnings (Normalized)
10.4527.6619.79
Price/Book Value
1.44
Price/Sales
0.344.052.89
Price/Cash Flow
7.6322.5516.38
Price/Earnings
AAP
ORLY
AZO

Financial Strength

Metric
AAP
ORLY
AZO
Quick Ratio
0.230.080.09
Current Ratio
1.230.690.79
Interest Coverage
4.0716.8310.22
Quick Ratio
AAP
ORLY
AZO

Profitability

Metric
AAP
ORLY
AZO
Return on Assets (Normalized)
2.01%18.14%16.89%
Return on Equity (Normalized)
9.14%
Return on Invested Capital (Normalized)
4.73%45.28%47.36%
Return on Assets
AAP
ORLY
AZO
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BBY
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