Aaon Intrinsic Value Calculator – AAON’s IBD SmartSelect Rating Soars to 96, Revealing Strong Market Breadth
November 15, 2024
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AAON ($NASDAQ:AAON) is a leading manufacturer of heating, ventilation, and air conditioning (HVAC) equipment for commercial and residential use. AAON’s stock is listed on the Nasdaq under the ticker symbol “AAON” and has been steadily growing in value over the years. On Monday, AAON experienced a significant boost in its IBD SmartSelect Composite Rating, jumping from 94 to 96. This rating is used by investors to identify top-performing stocks in the market. It takes into account various factors such as earnings growth, sales growth, profit margins, and return on equity, among others. A higher rating indicates better overall performance and potential for future growth. This term refers to the number of stocks that are participating in a market uptrend. When there is strong market breadth, it suggests that there is widespread demand for stocks across different industries and sectors, indicating a healthy market.
This boost in AAON’s rating also points to the company’s improved performance in recent months. Furthermore, AAON’s focus on energy efficiency and sustainability has been gaining attention in the market. As more companies and individuals prioritize environmentally friendly solutions, demand for AAON’s energy-efficient HVAC products is expected to continue growing. This bodes well for the company’s future growth potential. In conclusion, AAON’s rise in its IBD SmartSelect Composite Rating to 96 is a positive development for the company. It reflects its strong market breadth and improved performance, making it an attractive stock for investors looking for potential growth opportunities. With its solid reputation, innovative products, and commitment to sustainability, AAON is well-positioned for long-term success in the HVAC industry.
Stock Price
AAON, a leading manufacturer of HVAC equipment, saw a significant increase in its stock’s performance on Monday as its IBD SmartSelect Rating soared to 96. The day started strong for AAON, with the stock opening at $140.01 and closing at $140.75, a gain of 1.82% from the previous day’s closing price of $138.24. This jump in stock price can be attributed to the company’s strong market breadth, as indicated by its high IBD SmartSelect Rating. AAON’s impressive performance can also be attributed to its solid financials and earnings growth. The company has consistently reported strong earnings and revenue growth over the past few years, which has contributed to its high SmartSelect Rating.
In addition, AAON has a strong balance sheet and low debt-to-equity ratio, factors that further add to its financial stability. Furthermore, AAON’s strong market breadth is reflected in its positive relative strength line and strong institutional support. This increase in AAON’s stock price and strong market breadth is a testament to the company’s strong fundamentals and positive outlook. With an established position in the HVAC industry and a track record of consistent growth, AAON continues to be a top pick for investors looking for solid long-term prospects. With a solid financial foundation and positive market sentiment, AAON is well-positioned for continued success and growth in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Aaon. AAONs_IBD_SmartSelect_Rating_Soars_to_96_Revealing_Strong_Market_Breadth”>More…
| Total Revenues | Net Income | Net Margin |
| 1.17k | 177.62 | 15.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Aaon. AAONs_IBD_SmartSelect_Rating_Soars_to_96_Revealing_Strong_Market_Breadth”>More…
| Operations | Investing | Financing |
| 158.9 | -109.31 | -46.51 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Aaon. AAONs_IBD_SmartSelect_Rating_Soars_to_96_Revealing_Strong_Market_Breadth”>More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 941.44 | 206.21 | 9.02 |
Key Ratios Snapshot
Some of the financial key ratios for Aaon are shown below. AAONs_IBD_SmartSelect_Rating_Soars_to_96_Revealing_Strong_Market_Breadth”>More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 31.4% | 33.5% | 19.5% |
| FCF Margin | ROE | ROA |
| 4.2% | 20.1% | 15.1% |
Analysis – Aaon Intrinsic Value Calculator
AAON is a leading manufacturer of heating, ventilation, and air conditioning equipment. As an analyst at GoodWhale, I have examined the fundamental data of the company to determine its fair value and current trading status. Based on our proprietary Valuation Line, the fair value of AAON’s share is estimated to be around $74.7. This is calculated taking into account key metrics such as revenue growth, profit margins, and return on equity. However, the current market price of AAON stock is $140.75, indicating an overvalued status of 88.5%. The company has shown strong financial performance in recent years, with steady revenue growth and consistently high profit margins. However, the current market price seems to be trading at a premium, not completely justified by its fundamentals. As an analyst, I would advise investors to carefully consider the current valuation of AAON before making any investment decisions. While the company has a strong track record and potential for future growth, paying a premium for its stock may not be a wise decision in the long run. It is important to keep in mind the fair value of the stock and not get swayed by market fluctuations. More…
Peers
The competition between AAON Inc and its competitors is fierce. Each company is trying to get a leg up on the other by offering better products and services. Kyoritsu Air Tech Inc, Harbin Air Conditioning Co Ltd, and Zhejiang Langdi Group Co Ltd are all major players in the industry, and they are all constantly innovating to stay ahead of the competition.
– Kyoritsu Air Tech Inc ($TSE:5997)
Kyoritsu Air Tech Inc has a market cap of 2.25B as of 2022, a Return on Equity of 4.9%. The company is engaged in the manufacture and sale of air conditioning equipment and related products. The company’s products are used in a variety of industries, including commercial, industrial, and residential. Kyoritsu Air Tech’s products are sold through a network of distributors and dealers in Japan and overseas.
– Harbin Air Conditioning Co Ltd ($SHSE:600202)
Harbin Air Conditioning Co Ltd is a Chinese company that manufactures air conditioners. The company has a market capitalization of 1.97 billion as of 2022 and a return on equity of 4.63%. The company’s products are sold in over 60 countries and regions. Harbin Air Conditioning Co Ltd is a publicly traded company listed on the Shenzhen Stock Exchange.
– Zhejiang Langdi Group Co Ltd ($SHSE:603726)
Zhejiang Langdi Group Co Ltd is a Chinese company that manufactures and sells construction materials. The company has a market cap of 2.88 billion as of 2022 and a return on equity of 7.03%. The company’s products include concrete, bricks, tiles, and other building materials.
Summary
AAON, a heating and cooling equipment company, has seen its IBD SmartSelect Composite Rating increase to 96, indicating strong performance in various key areas. Additionally, the Market Breadth indicator has revealed hidden value in the company’s stock, making it a potentially attractive investment opportunity. This suggests that AAON may have a positive outlook and potential for growth in the near future. Investors looking to make strategic investment decisions may want to closely monitor AAON and its performance indicators, as well as consider the larger market trends and forces at play.
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