Best Competitors

Stocks . Germany . 
Stock . Best Buy Co
BUY Stock  EUR 81.64  1.46  1.76%   
Best Buy competes with MercadoLibre, OReilly Automotive, AutoZone, Tractor Supply, and Ulta Beauty; as well as few others. The company classifies itself under Consumer Cyclical sector and is part of Specialty Retail industry. Analyzing Best Buy competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Best Buy to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Best Buy Correlation with its peers.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Best Buy competition on your existing holdings.
  
Specify up to 10 symbols:
Hype
Prediction
LowEstimatedHigh
79.8781.6483.41
Details
Intrinsic
Valuation
LowRealHigh
73.4883.6885.45
Details
Naive
Forecast
LowNextHigh
80.2482.0283.79
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
80.1482.8985.63
Details

Best Buy Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Best Buy and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Best and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Best Buy does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
AZ5
+ 0.91
OM6
3E2
+ 0.85
34U
3E2
+ 0.8
AZ5
EBA
+ 0.76
TR4
34U
+ 0.72
AZ5
3E2
+ 0.66
OM6
  
High negative correlations   
BUY
- 0.55
OM6
34U
- 0.51
MLB1
BUY
- 0.5
AZ5
3E2
- 0.45
BUY
BUY
- 0.37
34U
3E2
- 0.37
MLB1

Risk-Adjusted Indicators

There is a big difference between Best Stock performing well and Best Buy Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Best Buy's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
All Fundamental Data

Best Buy Competitive Analysis

The better you understand Best Buy competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Best Buy's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Best Buy's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
BUY MLB1 OM6 AZ5 TR4 34U EBA GPT 3E2
 1.76 
 81.64 
Best
 0.56 
 1,642 
MercadoLibre
 1.40 
 1,160 
OReilly
 0.16 
 3,117 
AutoZone
 0.73 
 51.40 
Tractor
 0.57 
 405.10 
Ulta
 1.04 
 61.06 
EBay
 1.04 
 109.75 
Genuine
 1.55 
 53.87 
Etsy
Market Volatility
(90 Days Market Risk)
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Good
Good
Modest
OK
Modest
Very Weak
Modest
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Low
Low
Below Average
Low
Below Average
Current Valuation
(Equity Enterprise Value)
Fairly Valued
Over Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Fairly Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Hold
Strong Sell
Strong Buy
Strong Buy
Buy
Strong Buy
Hold
Strong Hold
Hold
Current Ratio
1.12
2.82
0.85
0.94
1.52
1.93
1.31
1.26
4.47
Net Asset
17.5 B
13.74 B
12.63 B
15.28 B
8.49 B
4.76 B
20.85 B
16.5 B
2.63 B
Profit Margin
0.0323
0.0457
0.15
0.15
0.0766
0.12
-0.13
0.0535
-0.27
EBITDA
3.92 B
1.5 B
3.31 B
3.27 B
1.78 B
1.57 B
(924 M)
1.99 B
483.16 M
Operating Margin
0.0433
0.0981
0.21
0.2
0.1
0.16
0.24
0.076
0.15
Current Valuation
19.89 B
43.26 B
54.5 B
44.53 B
26.22 B
24.29 B
27.08 B
27.22 B
17.02 B
Price To Book
5.99
26.81
209.65
N/A
12.05
12.74
4.84
6.77
21.81
Five Year Return
2.32
0.36
N/A
N/A
1.02
N/A
N/A
2.51
N/A
Beta
1.52
1.58
0.91
0.73
0.87
1.32
1.33
0.95
1.86
Number Of Employees
57.75 K
40.55 K
85.13 K
69.44 K
24 K
16.5 K
11.6 K
58 K
2.79 K
Shares Outstanding
221.26 M
50.26 M
62.35 M
18.77 M
110.07 M
50.88 M
536.88 M
140.81 M
124.65 M
Cash Flow From Operations
3.25 B
2.94 B
3.15 B
3.21 B
1.36 B
1.06 B
2.25 B
1.47 B
683.61 M
Annual Yield
0.0426
N/A
N/A
N/A
0.0179
N/A
0.0221
0.0212
N/A
Total Debt
1.22 B
2.63 B
4.37 B
6.12 B
1.16 B
1.87 B
7.72 B
3.08 B
2.28 B
Return On Equity
0.43
0.29
0.59
N/A
0.54
0.61
-0.17
0.32
-17.07
Z Score
10.4
13.2
7.6
5.2
13.6
8.8
1.8
5.2
3.6
Return On Asset
0.0698
0.0542
0.15
0.14
0.11
0.18
0.0619
0.0681
0.0753
Book Value Per Share
13.29
36.33
-17.01
-223.69
18.52
37.67
9.56
26.89
-4.38
Total Asset
17.5 B
13.74 B
12.63 B
15.28 B
8.49 B
4.76 B
20.85 B
16.5 B
2.63 B
Debt To Equity
120.0
38.8
N/A
N/A
175.6
96.1
243.5
130.9
85.0
Target Price
130.3
2082.05
652.07
1781.71
202.04
441.12
73.16
128.5
228.97
Last Dividend Paid
3.52
N/A
N/A
N/A
3.68
N/A
0.88
3.58
N/A
Shares Owned By Institutions
80.52
86.16
87.05
94.09
87.81
95.58
91.7
81.98
99.25
Market Capitalization
17.18 B
59.06 B
48.82 B
43.5 B
24.58 B
24.53 B
23.2 B
22.3 B
14.39 B
Price To Earning
12.61
898.81
19.84
18.07
21.53
26.3
14.44
15.67
51.24
Price To Earnings To Growth
2.69
0.88
1.83
1.35
2.03
1.88
2.2
1.88
3.53
Price To Sales
0.36
4.13
3.36
2.49
1.64
2.27
2.24
1.11
5.82
Net Income
2.45 B
482 M
2.17 B
2.43 B
1.09 B
985.84 M
(1.27 B)
1.18 B
(694.29 M)
Earnings Per Share
6.3
5.27
31.72
109.13
9.2
21.17
-2.18
7.83
-4.77
Shares Owned By Insiders
10.84
7.84
1.18
0.36
0.5
1.4
0.21
2.13
0.75
Revenue
51.76 B
10.54 B
14.41 B
16.25 B
14.2 B
8.63 B
9.79 B
22.1 B
2.57 B
Cash And Equivalents
1.76 B
2.71 B
55.81 M
218.06 M
104.02 M
521.83 M
4.48 B
562.55 M
633.83 M
Cash Per Share
6.58
54.87
0.73
8.89
0.86
8.93
5.34
3.85
5.26
Gross Profit
11.63 B
5.16 B
7.38 B
8.47 B
4.97 B
3.76 B
7.12 B
7.74 B
1.82 B
Day Typical Price
81.64
1621.87
1161.33
3097.67
50.97
405.77
61.26
109.75
53.98
Accumulation Distribution
N/A
0.0515
0.0034
0.0186
0.0667
0.0049
0.0096
N/A
0.0059
Market Facilitation Index
N/A
85.2
4.0
58.0
3.5
2.0
0.59
N/A
0.32
Daily Balance Of Power
(9,223,372,036,855)
0.108
(4.12)
0.0862
0.1057
1.15
(1.08)
(9,223,372,036,855)
(2.66)
Period Momentum Indicator
(1.46)
9.2
(16.50)
5.0
0.37
2.3
(0.64)
(1.15)
(0.85)
Rate Of Daily Change
0.98
1.01
0.99
1.0
1.01
1.01
0.99
0.99
0.98
Day Median Price
81.64
1611.6
1162.0
3088.0
50.75
406.1
61.36
109.75
54.03
Price Action Indicator
(0.73)
35.4
(10.25)
31.5
0.83
0.15
(0.61)
(0.58)
(0.59)
Relative Strength Index
45.36
44.85
60.63
71.8
55.31
70.13
64.6
48.74
66.41
Coefficient Of Variation
(2,328)
(2,063)
604.3
639.55
1381.29
1274.35
1359.89
(2,571)
1280.1
Mean Deviation
1.31
2.22
1.16
1.01
1.3
1.77
1.26
1.63
1.96
Jensen Alpha
(0.1)
(0.15)
0.2156
0.2146
0.1046
0.1745
0.13
(0.16)
0.1939
Total Risk Alpha
(0.14)
(0.25)
0.1924
0.1783
0.0692
0.1194
0.0784
(0.22)
0.1288
Sortino Ratio
N/A
N/A
0.1833
0.2107
0.0616
0.0839
0.0523
N/A
0.0697
Downside Variance
N/A
N/A
1.33
0.8755
2.48
4.06
4.48
N/A
6.98
Standard Deviation
1.78
3.08
1.47
1.47
1.78
2.56
1.94
3.09
2.77
Kurtosis
1.97
8.0
(0.01)
9.52
1.73
7.26
8.98
28.01
3.66
Potential Upside
2.73
3.81
3.35
2.37
3.19
3.99
3.49
3.63
3.87
Treynor Ratio
(0.19)
0.4066
0.2874
1.03
0.1815
0.2546
1.05
(0.1)
0.369
Maximum Drawdown
9.37
19.55
5.97
9.99
9.63
15.54
12.2
23.22
17.72
Variance
3.16
9.51
2.17
2.15
3.18
6.57
3.77
9.56
7.67
Market Risk Adjusted Performance
(0.18)
0.4166
0.2974
1.04
0.1915
0.2646
1.06
(0.09)
0.379
Risk Adjusted Performance
(0.03)
(0.03)
0.1357
0.1285
0.0629
0.0691
0.0642
(0.02)
0.069
Skewness
(0.68)
(1.70)
0.5837
2.21
0.6285
1.8
(1.53)
(4.15)
0.7589
Semi Deviation
N/A
N/A
0.9468
0.6844
1.44
1.76
1.95
N/A
2.35
Information Ratio
(0.06)
(0.06)
0.1436
0.1344
0.0543
0.0659
0.057
(0.05)
0.0665
Value At Risk
(2.84)
(3.83)
(1.99)
(1.60)
(2.52)
(3.35)
(1.99)
(2.30)
(4.06)
Expected Short fall
N/A
N/A
(1.48)
(1.25)
(1.42)
(1.95)
(1.40)
N/A
(2.05)
Downside Deviation
N/A
N/A
1.15
0.9357
1.57
2.02
2.12
N/A
2.64
Semi Variance
N/A
N/A
0.8963
0.4683
2.06
3.09
3.8
N/A
5.52

Best Buy Competition Performance Charts

Five steps to successful analysis of Best Buy Competition

Best Buy's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Best Buy in relation to its competition. Best Buy's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Best Buy in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Best Buy's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Best Buy, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Best Buy position

In addition to having Best Buy in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Tech Growth Thematic Idea Now

Tech Growth
Tech Growth Theme
Instruments that are typically traded at high earnings multiples compared to their competitors and other sectors and have been known to drive market cycles frequently. The Tech Growth theme has 66 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Tech Growth Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Best Stock

When determining whether Best Buy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Best Buy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Best Buy Co Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Best Buy Co Stock:
How To Invest In Best
Details
Is Best Stock a good investment?
Details
What is Best Buy's Net Worth?
Details
Largest Computer & Electronics Retail Companies
View
Largest Consumer Discretionary Distribution & Retail Companies
View
Check out Best Buy Correlation with its peers.
You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Altman
Z Score
Details
Intrinsic
Valuation
Details
Financial
Analysis
Details
Buy or Sell
Advice
Details
Technical
Analysis
Details
Please note, there is a significant difference between Best Buy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Best Buy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Best Buy'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.
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
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