SweetValueLab
Write for us

AutoZone, Inc. — Intrinsic Value & Fair Price

AZO
NYSEConsumer CyclicalSpecialty RetailCIK 0000866787autozone.comAbout AZO
Last close · Oct 16, 20263,120.59+60.97 (+1.99%)
Market cap$50.9B
Model value · DCF · Perpetuity growth · 5y
4,837.67
AutoZone closed at $3,120.59 — undervalued by 35% vs model.
2,689.75the model's range10,215.76

DCF · Perpetuity growth · 5y leads for mature & stable — positive operating income and three years of positive free cash flow. From a five-year discounted cash flow.

Other models
1,551.23 – 5,383.05
Wall St. target
3,500.00 11% below
Below model, 1y
20 of 20 days

Price and model value

Embed this card

AZO's close against its model value, as a 420×168 card for your own page. It updates nightly with this site and links back here.

Free to embed; keep the attribution link.
Loading chart…
What the marks mean
Daily close

Research on AZO

No posts on AZO yet.
Studied AZO from its filings? Guest posts are reviewed before they go live.Write about AZO →

How it is valued

Valued asMature & Stable
Low/slowing growth (~4% recent)Moderate margins (13% net margin)Moderately volatile earningsHigh leverage (D/E 5.0x)
What growth the price implies: the reverse DCF

Key figures

FY2025
P/E
21.5×
EV / EBITDA
17.2×
FCF yield
0.0%
Dividend yield, TTM
0.00%
Beta
0.34
Cost of capital (WACC)
6.96%
Full financials

Analyst actions

third-party, quoted
09-29Bernstein · target3,698.00
09-23Raymond James · target3,700.00
09-23UBS · target4,230.00
03-09Argus Research · “Buy” from “Hold”upgrade
Ratings, targets and estimates

Comparable companies

by business, not by industry label
2 more companies list AZO as a comparable

The weekly

One email a week across every stock we cover: 13F filings, insider trades, earnings and new research. It covers the whole market, not just AZO. No account.

About AutoZone

AutoZone, Inc. operates as a leading retailer and distributor specializing in automotive replacement parts and accessories. The company's comprehensive inventory caters to a diverse range of vehicles, including cars, sport utility vehicles, vans, and light trucks. Their product offerings encompass both new and remanufactured critical hard parts, essential maintenance items, various accessories, and a selection of non-automotive goods. Key automotive components available include A/C compressors, batteries, bearings, belts, hoses, brake calipers, chassis parts, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting systems, mufflers, radiators, starters, alternators, thermostats, water pumps, and tire repair kits. For vehicle upkeep, AutoZone supplies antifreeze, windshield washer fluid, an extensive array of brake components (drums, rotors, shoes, pads), various automotive fluids (brake, power steering, oil, transmission), oil and fuel additives, and filters for oil, cabin air, engine air, fuel, and transmission. Other maintenance products cover oxygen sensors, paints, refrigerants, shock absorbers, struts, spark plugs, wires, and windshield wipers. Beyond functional parts, the company offers a wide assortment of accessories and general merchandise such as air fresheners, mobile phone accessories, snacks, drinks, floor mats, seat covers, interior and exterior styling products, mirrors, performance parts, protectants, cleaners, sealants, adhesives, steering wheel covers, car stereos, radios, various tools, and vehicle wash/wax supplies. Additionally, they provide towing services. AutoZone also extends its reach through several channels: a commercial program providing credit and delivery services for professional clients; sales of automotive diagnostic and repair software under the ALLDATA brand via alldata.com and alldatadiy.com; and online retail of its full product range (hard parts, maintenance, accessories, non-automotive items) through autozone.com. As of November 20, 2021, AutoZone maintained a significant operational footprint, with 6,066 stores in the United States, 666 stores in Mexico, and 53 stores in Brazil. The company was established in 1979 and is headquartered in Memphis, Tennessee.

CEO
Philip Daniele
Headquarters
Memphis, TN
Employees
130,000
IPO
1991-04-02
Full company profile

Model estimates for research reference only, not investment advice. Every model rests on assumptions that may not match what happens; the formulas are in how we value a stock.