GOODYEAR TIRE & RUBBER CO (GT)
US3825501014 - Common Stock
Overall GT gets a fundamental rating of 2 out of 10. We evaluated GT against 82 industry peers in the Automobile Components industry. GT has a bad profitability rating. Also its financial health evaluation is rather negative. GT is valued quite cheap, while showing a decent growth score. This is a good combination!
1. Profitability
1.1 Basic Checks
GT had positive earnings in the past year.
In the past year GT had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: GT reported negative net income in multiple years.
In the past 5 years GT always reported a positive cash flow from operatings.
1.2 Ratios
GT's Return On Assets of -1.32% is on the low side compared to the rest of the industry. GT is outperformed by 80.49% of its industry peers.
Looking at the Return On Equity, with a value of -6.26%, GT is doing worse than 80.49% of the companies in the same industry.
GT has a worse Return On Invested Capital (3.78%) than 79.27% of its industry peers.
The Average Return On Invested Capital over the past 3 years for GT is significantly below the industry average of 9.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.32% | ||
| ROE | -6.26% | ||
| ROIC | 3.78% |
ROA(3y)0.43%
ROA(5y)-1.63%
ROE(3y)1.44%
ROE(5y)-8.71%
ROIC(3y)3.92%
ROIC(5y)N/A
1.3 Margins
GT has a Operating Margin of 3.85%. This is in the lower half of the industry: GT underperforms 75.61% of its industry peers.
GT's Operating Margin has declined in the last couple of years.
GT's Gross Margin of 19.74% is on the low side compared to the rest of the industry. GT is outperformed by 73.17% of its industry peers.
GT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.85% | ||
| PM (TTM) | N/A | ||
| GM | 19.74% |
OM growth 3YN/A
OM growth 5Y-22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.79%
GM growth 5Y-5.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), GT is destroying value.
The number of shares outstanding for GT has been increased compared to 1 year ago.
Compared to 5 years ago, GT has more shares outstanding
GT has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.41, we must say that GT is in the distress zone and has some risk of bankruptcy.
GT has a worse Altman-Z score (1.41) than 82.93% of its industry peers.
A Debt/Equity ratio of 1.69 is on the high side and indicates that GT has dependencies on debt financing.
With a Debt to Equity ratio value of 1.69, GT is not doing good in the industry: 90.24% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.41 |
ROIC/WACC0.48
WACC7.87%
2.3 Liquidity
A Current Ratio of 1.14 indicates that GT should not have too much problems paying its short term obligations.
GT has a worse Current ratio (1.14) than 91.46% of its industry peers.
GT has a Quick Ratio of 1.14. This is a bad value and indicates that GT is not financially healthy enough and could expect problems in meeting its short term obligations.
GT's Quick ratio of 0.65 is on the low side compared to the rest of the industry. GT is outperformed by 95.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 665.00% over the past year.
Measured over the past years, GT shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -38.70% on average per year.
The Revenue has decreased by -6.28% in the past year.
GT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.33% yearly.
EPS 1Y (TTM)665%
EPS 3YN/A
EPS 5Y-38.7%
EPS Q2Q%2.78%
Revenue 1Y (TTM)-6.28%
Revenue growth 3Y17.65%
Revenue growth 5Y5.33%
Sales Q2Q%-6.18%
3.2 Future
The Earnings Per Share is expected to grow by 74.97% on average over the next years. This is a very strong growth
GT is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.33% yearly.
EPS Next Y411.82%
EPS Next 2Y177.23%
EPS Next 3Y113.79%
EPS Next 5Y74.97%
Revenue Next Year-7.6%
Revenue Next 2Y-4.5%
Revenue Next 3Y-2.68%
Revenue Next 5Y-1.33%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 7.63, which indicates a rather cheap valuation of GT.
Compared to the rest of the industry, the Price/Earnings ratio of GT indicates a rather cheap valuation: GT is cheaper than 82.93% of the companies listed in the same industry.
GT's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.73.
With a Price/Forward Earnings ratio of 5.61, the valuation of GT can be described as very cheap.
GT's Price/Forward Earnings ratio is rather cheap when compared to the industry. GT is cheaper than 86.59% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of GT to the average of the S&P500 Index (22.83), we can say GT is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 5.61 |
4.2 Price Multiples
GT's Enterprise Value to EBITDA is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 5.6 |
4.3 Compensation for Growth
GT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GT's earnings are expected to grow with 113.79% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.02
PEG (5Y)N/A
EPS Next 2Y177.23%
EPS Next 3Y113.79%
5. Dividend
5.1 Amount
GT does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
GOODYEAR TIRE & RUBBER CO
NASDAQ:GT (12/20/2024, 8:15:51 PM)
After market: 8.86 +0.24 (+2.78%)8.62
+0.03 (+0.35%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners84.6%
Inst Owner Change-4.16%
Ins Owners0.87%
Ins Owner Change0.86%
Market Cap2.46B
Analysts76.67
Price Target13.02 (51.04%)
Short Float %9.69%
Short Ratio4.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)58.98%
Min EPS beat(2)45.25%
Max EPS beat(2)72.7%
EPS beat(4)4
Avg EPS beat(4)480.24%
Min EPS beat(4)25.12%
Max EPS beat(4)1777.9%
EPS beat(8)7
Avg EPS beat(8)214.61%
EPS beat(12)10
Avg EPS beat(12)154.49%
EPS beat(16)14
Avg EPS beat(16)161.06%
Revenue beat(2)0
Avg Revenue beat(2)-6.21%
Min Revenue beat(2)-7.17%
Max Revenue beat(2)-5.24%
Revenue beat(4)0
Avg Revenue beat(4)-7.19%
Min Revenue beat(4)-8.53%
Max Revenue beat(4)-5.24%
Revenue beat(8)1
Avg Revenue beat(8)-5.75%
Revenue beat(12)3
Avg Revenue beat(12)-3.81%
Revenue beat(16)6
Avg Revenue beat(16)-2.87%
PT rev (1m)9.68%
PT rev (3m)0.41%
EPS NQ rev (1m)-27.24%
EPS NQ rev (3m)-45.04%
EPS NY rev (1m)3.88%
EPS NY rev (3m)-1.78%
Revenue NQ rev (1m)-1.24%
Revenue NQ rev (3m)-7.07%
Revenue NY rev (1m)-0.94%
Revenue NY rev (3m)-2.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.63 | ||
| Fwd PE | 5.61 | ||
| P/S | 0.13 | ||
| P/FCF | N/A | ||
| P/OCF | 3.81 | ||
| P/B | 0.52 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 5.6 |
EPS(TTM)1.13
EY13.11%
EPS(NY)1.54
Fwd EY17.83%
FCF(TTM)-1.79
FCFYN/A
OCF(TTM)2.26
OCFY26.26%
SpS66.85
BVpS16.65
TBVpS11.13
PEG (NY)0.02
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.32% | ||
| ROE | -6.26% | ||
| ROCE | 4.98% | ||
| ROIC | 3.78% | ||
| ROICexc | 4.02% | ||
| ROICexgc | 4.51% | ||
| OM | 3.85% | ||
| PM (TTM) | N/A | ||
| GM | 19.74% | ||
| FCFM | N/A |
ROA(3y)0.43%
ROA(5y)-1.63%
ROE(3y)1.44%
ROE(5y)-8.71%
ROIC(3y)3.92%
ROIC(5y)N/A
ROICexc(3y)4.22%
ROICexc(5y)N/A
ROICexgc(3y)4.91%
ROICexgc(5y)N/A
ROCE(3y)5.09%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y-19.43%
ROICexc growth 3YN/A
ROICexc growth 5Y-20.59%
OM growth 3YN/A
OM growth 5Y-22%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.79%
GM growth 5Y-5.09%
F-Score6
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.69 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.49 | ||
| Cap/Depr | 110% | ||
| Cap/Sales | 6.06% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.15% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.41 |
F-Score6
WACC7.87%
ROIC/WACC0.48
Cap/Depr(3y)178.75%
Cap/Depr(5y)141.69%
Cap/Sales(3y)8.85%
Cap/Sales(5y)7.41%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)665%
EPS 3YN/A
EPS 5Y-38.7%
EPS Q2Q%2.78%
EPS Next Y411.82%
EPS Next 2Y177.23%
EPS Next 3Y113.79%
EPS Next 5Y74.97%
Revenue 1Y (TTM)-6.28%
Revenue growth 3Y17.65%
Revenue growth 5Y5.33%
Sales Q2Q%-6.18%
Revenue Next Year-7.6%
Revenue Next 2Y-4.5%
Revenue Next 3Y-2.68%
Revenue Next 5Y-1.33%
EBIT growth 1Y147.97%
EBIT growth 3YN/A
EBIT growth 5Y-17.84%
EBIT Next Year152.96%
EBIT Next 3Y42.19%
EBIT Next 5Y29.64%
FCF growth 1Y20.68%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y47.6%
OCF growth 3Y-2.55%
OCF growth 5Y2.41%