Shares of Alphabet (GOOGL, Financial) opened at $163.45 and experienced a drop of 2.09% today, closing at $160.95. The decline comes amid reports that the Department of Justice is considering a breakup of Google's division as a potential action.
Alphabet Inc. (GOOGL, Financial) currently holds a market capitalization of $1.99 trillion, and its stock is trading with a price-to-earnings (P/E) ratio of 23.09. The company's price-to-book (P/B) ratio stands at 6.59, indicating it may not be undervalued when compared to its book value. Alphabet exhibits strong financial health, with a Piotroski F-Score of 8 and an Altman Z-Score of 13.3, signifying robust financial stability.
In terms of growth, Alphabet has shown a consistent revenue and earnings increase, with a revenue growth rate of 22.1% over the past three years. Its operating margin has expanded, which is a positive indicator of profitability. However, the stock's volatility stands at 18.65, reflecting potential uncertainty in the market. Alphabet's GF Value indicates it is fairly valued: GF Value.
Despite recent market concerns, Alphabet's revenue per share continues to show consistent growth, and the company's return on equity (ROE) and return on assets (ROA) are commendable at 30.92% and 21.87%, respectively. These metrics demonstrate Alphabet’s efficiency in generating earnings relative to shareholder equity and its assets. Management's effective use of debt is highlighted by an interest coverage ratio of 283.05, showing that the company adequately manages its liabilities.
