Autohome Net Tangible Assets vs Good Will Analysis

ATHM Stock  USD 27.51  0.48  1.78%   
Autohome financial indicator trend analysis is way more than just evaluating Autohome prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Autohome is a good investment. Please check the relationship between Autohome Net Tangible Assets and its Good Will accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.

Net Tangible Assets vs Good Will

Net Tangible Assets vs Good Will Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Autohome Net Tangible Assets account and Good Will. At this time, the significance of the direction appears to have strong relationship.
The correlation between Autohome's Net Tangible Assets and Good Will is 0.72. Overlapping area represents the amount of variation of Net Tangible Assets that can explain the historical movement of Good Will in the same time period over historical financial statements of Autohome, assuming nothing else is changed. The correlation between historical values of Autohome's Net Tangible Assets and Good Will is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Tangible Assets of Autohome are associated (or correlated) with its Good Will. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Good Will has no effect on the direction of Net Tangible Assets i.e., Autohome's Net Tangible Assets and Good Will go up and down completely randomly.

Correlation Coefficient

0.72
Relationship DirectionPositive 
Relationship StrengthSignificant

Net Tangible Assets

The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.
Most indicators from Autohome's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Autohome current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.As of the 1st of December 2024, Enterprise Value is likely to grow to about 27.5 B, while Selling General Administrative is likely to drop about 293.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit6.2B5.7B5.8B4.3B
Total Revenue7.2B6.9B7.2B5.2B

Autohome fundamental ratios Correlations

0.870.60.690.670.820.660.86-0.640.690.650.560.70.760.510.880.590.710.690.650.780.70.480.310.710.55
0.870.750.710.70.870.710.74-0.650.730.640.640.720.720.610.860.680.710.810.680.830.730.610.420.820.55
0.60.750.890.910.550.920.32-0.830.910.830.910.890.450.890.620.850.50.930.890.850.90.80.780.740.66
0.690.710.890.990.640.990.49-0.920.990.930.950.980.580.90.750.770.540.781.00.770.990.760.820.750.84
0.670.70.910.990.60.990.44-0.961.00.960.971.00.490.940.720.750.540.830.990.811.00.80.840.710.77
0.820.870.550.640.60.630.87-0.510.630.50.530.60.850.480.80.570.630.550.620.590.620.520.350.840.65
0.660.710.920.990.990.630.46-0.910.990.910.980.970.560.950.70.830.530.810.990.770.990.850.840.790.79
0.860.740.320.490.440.870.46-0.350.470.350.340.450.910.280.710.450.60.360.460.430.470.370.130.730.52
-0.64-0.65-0.83-0.92-0.96-0.51-0.91-0.35-0.94-1.0-0.9-0.98-0.33-0.88-0.73-0.58-0.57-0.81-0.92-0.84-0.96-0.68-0.77-0.53-0.67
0.690.730.910.991.00.630.990.47-0.940.950.970.990.540.930.740.790.550.830.990.811.00.810.820.750.79
0.650.640.830.930.960.50.910.35-1.00.950.90.980.330.880.730.590.560.820.920.850.960.680.770.530.66
0.560.640.910.950.970.530.980.34-0.90.970.90.950.430.990.620.790.430.810.960.750.960.890.90.720.69
0.70.720.890.981.00.60.970.45-0.980.990.980.950.480.920.760.720.570.840.970.841.00.770.80.680.75
0.760.720.450.580.490.850.560.91-0.330.540.330.430.480.350.640.610.460.380.560.380.520.430.280.840.69
0.510.610.890.90.940.480.950.28-0.880.930.880.990.920.350.560.760.40.790.920.740.920.910.90.670.6
0.880.860.620.750.720.80.70.71-0.730.740.730.620.760.640.560.560.750.640.720.770.750.460.370.660.6
0.590.680.850.770.750.570.830.45-0.580.790.590.790.720.610.760.560.520.690.780.60.750.850.590.890.62
0.710.710.50.540.540.630.530.6-0.570.550.560.430.570.460.40.750.520.540.510.620.560.390.190.590.44
0.690.810.930.780.830.550.810.36-0.810.830.820.810.840.380.790.640.690.540.780.940.830.680.690.630.53
0.650.680.891.00.990.620.990.46-0.920.990.920.960.970.560.920.720.780.510.780.750.990.780.860.750.84
0.780.830.850.770.810.590.770.43-0.840.810.850.750.840.380.740.770.60.620.940.750.820.60.540.560.44
0.70.730.90.991.00.620.990.47-0.961.00.960.961.00.520.920.750.750.560.830.990.820.780.810.720.78
0.480.610.80.760.80.520.850.37-0.680.810.680.890.770.430.910.460.850.390.680.780.60.780.730.780.45
0.310.420.780.820.840.350.840.13-0.770.820.770.90.80.280.90.370.590.190.690.860.540.810.730.540.69
0.710.820.740.750.710.840.790.73-0.530.750.530.720.680.840.670.660.890.590.630.750.560.720.780.540.7
0.550.550.660.840.770.650.790.52-0.670.790.660.690.750.690.60.60.620.440.530.840.440.780.450.690.7
Click cells to compare fundamentals

Autohome Account Relationship Matchups

Autohome fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding119.5M119.9M125.1M124.9M122.8M126.5M
Total Assets19.2B23.7B28.5B29.7B30.8B16.1B
Other Current Liab2.4B3.9B3.5B2.5B3.7B3.9B
Total Current Liabilities4.0B4.2B4.0B588.5M5.1B5.3B
Total Stockholder Equity14.6B17.6B22.8B2.3B23.9B25.1B
Other Liab561.0M645.8M576.8M517.9M595.6M344.9M
Property Plant And Equipment Net281.8M410.1M381.5M53.7M400.2M420.2M
Current Deferred Revenue1.5B1.4B1.7B1.2B961.1M1.1B
Net Debt(1.9B)(1.5B)(4.1B)(295.8M)(4.8B)(4.6B)
Retained Earnings10.7B13.5B14.9B2.3B16.6B17.4B
Cash2.0B1.8B4.2B406.2M5.0B5.2B
Non Current Assets Total2.8B5.4B5.2B726.4M5.3B5.6B
Cash And Short Term Investments12.8B14.6B20.7B3.2B23.5B24.7B
Net Receivables3.3B3.2B2.2B2.0B1.5B1.8B
Common Stock Total Equity7.9M8.0M8.0M8.1M9.3M8.3M
Liabilities And Stockholders Equity19.2B23.7B28.5B29.7B30.8B16.1B
Non Current Liabilities Total584.0M736.4M605.4M568.5M587.1M597.3M
Other Current Assets302.3M312.1M453.5M366.7M487.4M301.5M
Other Stockholder Equity3.8B4.1B7.9B7.3B6.9B7.2B
Total Liab4.5B4.9B4.6B588.5M5.7B5.9B
Property Plant And Equipment Gross362.8M619.4M1.3B1.4B1.5B1.6B
Total Current Assets16.4B18.4B23.3B3.5B25.5B26.8B
Accumulated Other Comprehensive Income148.4M62.3M(49.9M)369.6M442.6M464.8M
Intangible Assets27.7M440.4M357.4M40.4M202.1M212.3M
Common Stock8.0M8.1M8.5M1.2M8.6M9.0M
Property Plant Equipment362.8M619.4M381.5M255.3M293.6M200.8M
Non Currrent Assets Other884.2M294.8M146.1M(265.6M)318.3M334.2M
Other Assets73.1M165.1M24.1B25.4B517.6M491.7M
Inventory(2.6B)1.089.9M(2.0B)(41.4M)(43.5M)
Short Long Term Debt Total75.8M202.7M124.8M110.4M196.1M101.0M
Net Tangible Assets13.1B13.1B18.3B19.7B22.6B23.7B
Short Term Investments10.8B12.9B16.5B2.8B18.6B19.5B
Long Term Investments829.5M70.4M70.7M419.2M448.3M311.5M
Short Term Debt52.8M112.1M96.2M59.8M107.0M66.3M
Capital Lease Obligations75.8M202.7M124.8M110.4M196.1M205.9M
Non Current Liabilities Other22.5M104.9M28.6M50.6M58.2M40.9M
Net Invested Capital14.6B17.6B22.8B23.9B23.9B19.2B

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When determining whether Autohome is a strong investment it is important to analyze Autohome's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Autohome's future performance. For an informed investment choice regarding Autohome Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Autohome. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
To learn how to invest in Autohome Stock, please use our How to Invest in Autohome guide.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Interactive Media & Services space 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 Autohome. If investors know Autohome 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 Autohome 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
(0.24)
Dividend Share
8.155
Earnings Share
2.14
Revenue Per Share
59.124
Quarterly Revenue Growth
(0.07)
The market value of Autohome is measured differently than its book value, which is the value of Autohome that is recorded on the company's balance sheet. Investors also form their own opinion of Autohome's value that differs from its market value or its book value, called intrinsic value, which is Autohome'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 Autohome's market value can be influenced by many factors that don't directly affect Autohome'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 Autohome's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autohome is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autohome'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.