EN DE

AutoZone, Inc (AZO) Fair Value & Analysis

Consumer Cyclical · US · Market cap $50.2B

AI AutoZone, Inc logo AutoZone, Inc AZO · US
Price$3,040
Fair Value$2,287
Upside-24.8%
Quality62/100
Watch AutoZone, Inc for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 12.4% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (7/13)
Wide moat 71/100
Evidence: High Range $1,469 – $3,144 Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from $2,332 to $2,287 (−1.9%) since Jul 12, 2026. Share price +0.3% over the past month.

A solid business, but screening 25% overvalued on our models.

What matters now

  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range ($1,469 to $3,144) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

$4,355 $1,375 Fair Value $2,287 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range $1,375 – $4,355 · fair‑value band $1,469 – $3,144 · the $3,040 price screens above the $2,287 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

AutoZone, Inc (AZO) currently trades at $3,040, while our model-based Fair Value estimate is $2,287, implying the stock looks roughly 24.8% overvalued today. The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, AutoZone, Inc generated revenue of $20.0B at a net margin of 12.4%. Revenue grew 8.4% year over year. Net debt stands at $12.0B. The stock trades on a trailing P/E of 20.9. Fundamentals as of Aug 13, 2026

Our scenario range runs from $1,469 (bear case) to $3,144 (bull case); at $3,040, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 31% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -25%, AZO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF $751.10 $1,380 $2,287 80
Rev-Margin DCF $520.45 $1,115 $1,804 74
ROIC Compounder $1,290 $1,683 $2,092 72
All 23 models by family
DCF Models
FCF DCF $731.16 $1,446 $2,544 38
Owner Earnings $727.04 $1,439 $2,534 31
5Y Revenue Exit $520.45 $1,110 $1,857 39
5Y EBITDA Exit $1,268 $2,517 $3,983 41
5Y P/E Exit $1,383 $2,732 $4,159 38
10Y Revenue Exit $554.83 $1,112 $1,855 36
10Y EBITDA Exit $1,063 $2,092 $3,487 37
10Y P/E Exit $1,136 $2,242 $3,622 35
Earnings-Based
Graham-Dodd $1,041 $3,325 $4,433 54
Lynch FV $734.84 $1,050 $1,365 50
PEG = 1.0 $734.84 $1,050 $1,365 46
EPV $1,213 $1,502 $1,755 59
Dividend Discount
Gordon GGM $340.94 $708.89 $1,125 70
DDM Multi-Stage $340.94 $570.49 $744.00 61
Multiples
P/E Multiple $2,525 $3,367 $4,208 63
P/S Multiple $1,044 $1,392 $1,740 58
EV/EBIT $2,463 $3,458 $4,453 53
EV/EBITDA $1,806 $2,582 $3,358 54
EV/Revenue $452.09 $869.72 $1,287 43
Growth DCF
Growth DCF $751.10 $1,380 $2,287 80
Rev-Margin DCF $520.45 $1,115 $1,804 74
Economic Profit
ROIC Compounder $1,290 $1,683 $2,092 72
Growth Earnings
Growth-Adj P/E $2,096 $2,995 $3,893 68

Widest divergence: Growth Earnings ($2,995) versus Dividend Discount ($570.49). Highest evidence: Growth DCF (80).

Notify me when AZO reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) $20.0B
Revenue growth (YoY) +8.4%
Net margin 12.4%
Free cash flow $1.8B FY2025
P/E ratio 20.9
Operating margin 19.1%
More key figures
EPS (TTM) $145.34
EPS growth (YoY) +7.7%
Net debt $12.0B FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 59 · Market factors (momentum, volatility) 35

Profitability 75
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 19
Price trend over the last 3–12 months (market factor)
52W Momentum 7
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company offers a product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

Full company description

AutoZone, Inc. operates as a retailer and distributor of automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company offers a product line for cars, sport utility vehicles, vans, and light duty trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. It also provides A/C compressors, batteries and accessories, bearings, belts and hoses, calipers, chassis, clutches, CV axles, engines, fuel pumps, fuses, ignition and lighting products, mufflers, radiators, starters and alternators, thermostats, and water pumps, as well as tire repairs. In addition, the company provides maintenance products, such as antifreeze and windshield washer fluids; brake drums, rotors, shoes, and pads; brake and power steering fluids, and oil and fuel additives; oil and transmission fluids; oil, cabin, air, fuel, and transmission filters; oxygen sensors; paints and accessories; refrigerants and accessories; shock absorbers and struts; spark plugs and wires; and windshield wipers. Further, it offers air fresheners, cell phone accessories, drinks and snacks, floor mats and seat covers, interior and exterior accessories, mirrors, performance products, protectants and cleaners, sealants and adhesives, steering wheel covers, tools, vehicle entertainment systems, and wash and wax products, as well as towing services. Additionally, the company provides a sales program that offers commercial credit and delivery of parts and other products; sells automotive diagnostic, repair, collision, and shop management information software under the ALLDATA brand through alldata.com; Duralast branded products through duralastparts.com; and automotive hard parts, maintenance items, accessories, and non-automotive products through autozone.com. AutoZone, Inc. was founded in 1979 and is headquartered in Memphis, Tennessee.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AutoZone, Inc reported revenue of $18.9B in FY2025 versus $14.6B in FY2021, a compound +6.7%/yr. Reported net income was $2.5B in FY2025, compounding +3.6%/yr from FY2021.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$18.9B
Latest YoY
+2.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.2%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.4%
Avg. growth/yr (35Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.0%
Revenue +6.7%/yr
FY21 $14.6B
FY22 $16.3B
FY23 $17.5B
FY24 $18.5B
FY25 $18.9B
Net income +3.6%/yr
FY21 $2.2B
FY22 $2.4B
FY23 $2.5B
FY24 $2.7B
FY25 $2.5B
Character of growth · EPS growth decomposed (2014-2025) +16.5 % p.a.
Revenue per share +13.9 pp

of which total revenue +6.8 pp · buybacks/dilution +7.1 pp

EBIT margin +0.3 pp
Tax rate +2.4 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

AZO screens 25% overvalued. Compare with Hyundai Mobis Co →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "AutoZone, Inc Fair Value". https://www.fairvalue-calculator.com/stock/AZO

Recent news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Auto Parts · 643 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Top 25%
Fair Value upside −25% · Below median
Return on assets 11% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 19% · Top 25%
Revenue growth 8% · Above median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 20.9× · Cheaper than median
P/S (TTM) 2.51× · Pricier than 75% of peers
P/FCF 28.0× · Pricier than 75% of peers
EV/EBITDA 13.8× · Pricier than median
PEG 1.39× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 17
FUTURE 42 · sector 23
PAST 0 · sector 26
HEALTH 100 · sector 95
DIVIDEND 0 · sector 30

VALUE 0: the price sits above our fair-value range.

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Insider activity: 46/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 511,000 KRW 643,909 KRW +26%
Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.50 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹46,750 ₹13,061 -72%
Bharat Forge Limited BHARATFORG ₹2,082 ₹393.20 -81%
Uno Minda Limited UNOMINDA ₹1,232 ₹426.57 -65%
Schaeffler India Limited SCHAEFFLER ₹4,126 ₹1,412 -66%
Hankook Tire & Technology Co 161390 71,500 KRW 196,479 KRW +175%
Sona BLW Precision Forgings Limited SONACOMS ₹799.90 ₹207.06 -74%
Balkrishna Industries Limited BALKRISIND ₹2,497 ₹1,211 -51%

Compare AutoZone, Inc with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is AutoZone, Inc (AZO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of $2,287 versus a price of $3,040, about −25% (overvalued).
What is the fair value of AZO?
Our model-based fair value for AutoZone, Inc is $2,287 (as of Aug 13, 2026), built from audited fundamentals. The current price is $3,040.
What is the quality score of AZO?
AutoZone, Inc has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of AutoZone, Inc (AZO)?
AutoZone, Inc reported trailing-twelve-month revenue of about $20.0B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of AZO?
The net profit margin of AutoZone, Inc is about 12.4%, meaning it keeps roughly 12.4% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

14 days Pro free · no card

Track AutoZone, Inc and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.