Sonic Automotive Net Worth
Sonic Automotive Net Worth Breakdown | SAH |
Sonic Automotive Net Worth Analysis
Sonic Automotive's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Sonic Automotive's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Sonic Automotive's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Sonic Automotive's net worth analysis. One common approach is to calculate Sonic Automotive's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Sonic Automotive's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Sonic Automotive's net worth. This approach calculates the present value of Sonic Automotive's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Sonic Automotive's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Sonic Automotive's net worth. This involves comparing Sonic Automotive's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Sonic Automotive's net worth relative to its peers.
Enterprise Value |
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To determine if Sonic Automotive is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Sonic Automotive's net worth research are outlined below:
| Sonic Automotive is unlikely to experience financial distress in the next 2 years | |
| About 71.0% of the company shares are owned by institutional investors | |
| On 15th of July 2025 Sonic Automotive paid $ 0.35 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: Seaport Res Ptn Has Optimistic Outlook of SAH Q2 Earnings |
Sonic Automotive Quarterly Good Will |
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Sonic Automotive uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Sonic Automotive. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Sonic Automotive's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 25th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Sonic Automotive Target Price Consensus
Sonic target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Sonic Automotive's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 9 | Buy |
Most Sonic analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Sonic stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Sonic Automotive, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationSonic Automotive Target Price Projection
Sonic Automotive's current and average target prices are 76.94 and 70.11, respectively. The current price of Sonic Automotive is the price at which Sonic Automotive is currently trading. On the other hand, Sonic Automotive's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Sonic Automotive Market Quote on 21st of July 2025
Target Price
Analyst Consensus On Sonic Automotive Target Price
Know Sonic Automotive's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Sonic Automotive is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Sonic Automotive backward and forwards among themselves. Sonic Automotive's institutional investor refers to the entity that pools money to purchase Sonic Automotive's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Fmr Inc | 2025-03-31 | 322.5 K | Northern Trust Corp | 2025-03-31 | 291.9 K | Bank Of America Corp | 2025-03-31 | 252.7 K | Jacobs Levy Equity Management, Inc. | 2025-03-31 | 252.5 K | Towle & Co | 2025-03-31 | 237.5 K | Bank Of New York Mellon Corp | 2025-03-31 | 215.1 K | Morgan Stanley - Brokerage Accounts | 2025-03-31 | 183.7 K | Jpmorgan Chase & Co | 2025-03-31 | 167.3 K | Nuveen Asset Management, Llc | 2024-12-31 | 128.8 K | Blackrock Inc | 2025-03-31 | 2.3 M | Vanguard Group Inc | 2025-03-31 | 1.5 M |
Follow Sonic Automotive's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 2.61 B.Market Cap |
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Project Sonic Automotive's profitablity
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.03 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.20 | 0.21 |
When accessing Sonic Automotive's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Sonic Automotive's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Sonic Automotive's profitability and make more informed investment decisions.
Evaluate Sonic Automotive's management efficiency
Sonic Automotive has Return on Asset of 0.053 % which means that on every $100 spent on assets, it made $0.053 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2452 %, implying that it generated $0.2452 on every 100 dollars invested. Sonic Automotive's management efficiency ratios could be used to measure how well Sonic Automotive manages its routine affairs as well as how well it operates its assets and liabilities. As of now, Sonic Automotive's Return On Capital Employed is decreasing as compared to previous years. The Sonic Automotive's current Return On Assets is estimated to increase to 0.04, while Return On Tangible Assets are projected to decrease to 0.03. As of now, Sonic Automotive's Intangibles To Total Assets are increasing as compared to previous years. The Sonic Automotive's current Return On Assets is estimated to increase to 0.04, while Total Assets are projected to decrease to under 3.2 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 31.15 | 32.71 | |
| Tangible Book Value Per Share | 8.02 | 8.42 | |
| Enterprise Value Over EBITDA | 10.32 | 13.18 | |
| Price Book Value Ratio | 2.03 | 1.22 | |
| Enterprise Value Multiple | 10.32 | 13.18 | |
| Price Fair Value | 2.03 | 1.22 | |
| Enterprise Value | 3 B | 3.1 B |
Evaluating the management effectiveness of Sonic Automotive allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Sonic Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Enterprise Value Revenue 0.4553 | Revenue | Quarterly Revenue Growth 0.079 | Revenue Per Share | Return On Equity |
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Sonic Automotive insiders, such as employees or executives, is commonly permitted as long as it does not rely on Sonic Automotive's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Sonic Automotive insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Sonic Automotive Corporate Filings
| 15th of July 2025 Other Reports | ViewVerify | |
F4 | 2nd of June 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 24th of April 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 7th of March 2025 Other Reports | ViewVerify |
Sonic Automotive Earnings Estimation Breakdown
The calculation of Sonic Automotive's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Sonic Automotive is estimated to be 1.59 with the future projection ranging from a low of 1.3974 to a high of 1.7147. Please be aware that this consensus of annual earnings estimates for Sonic Automotive is based on EPS before non-recurring items and includes expenses related to employee stock options.Last Reported EPS
1.40 Lowest | Expected EPS | 1.71 Highest |
Sonic Automotive Earnings Projection Consensus
Suppose the current estimates of Sonic Automotive's value are higher than the current market price of the Sonic Automotive stock. In this case, investors may conclude that Sonic Automotive is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Sonic Automotive's stock will quickly adjusts to the new information provided by the consensus estimate.
| Number of Analysts | Historical Accuracy | Last Reported EPS | Estimated EPS for 30th of September 2025 | Current EPS (TTM) | |
| 10 | 85.71% | 0.0 | 1.59 | 7.02 |
Sonic Automotive Earnings History
Earnings estimate consensus by Sonic Automotive analysts from Wall Street is used by the market to judge Sonic Automotive's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Sonic Automotive's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.Sonic Automotive Quarterly Gross Profit |
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Sonic Automotive Earnings per Share Projection vs Actual
Actual Earning per Share of Sonic Automotive refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Sonic Automotive predict the company's earnings will be in the future. The higher the earnings per share of Sonic Automotive, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.Sonic Automotive Estimated Months Earnings per Share
For an investor who is primarily interested in generating an income out of investing in entities such as Sonic Automotive, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Sonic Automotive should always be considered in relation to other companies to make a more educated investment decision.Sonic Quarterly Analyst Estimates and Surprise Metrics
Earnings surprises can significantly impact Sonic Automotive's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
null | null | null | null | null | 0 | ||
2025-04-23 | 2025-03-31 | 1.4363 | 1.48 | 0.0437 | 3 | ||
2025-02-12 | 2024-12-31 | 1.4611 | 1.51 | 0.0489 | 3 | ||
2024-10-24 | 2024-09-30 | 1.43 | 1.26 | -0.17 | 11 | ||
2024-08-05 | 2024-06-30 | 1.38 | 1.47 | 0.09 | 6 | ||
2024-04-25 | 2024-03-31 | 1.3 | 1.36 | 0.06 | 4 | ||
2024-02-14 | 2023-12-31 | 1.87 | 1.63 | -0.24 | 12 | ||
2023-10-26 | 2023-09-30 | 1.79 | 2.02 | 0.23 | 12 | ||
2023-07-27 | 2023-06-30 | 1.65 | 1.83 | 0.18 | 10 | ||
2023-04-27 | 2023-03-31 | 1.86 | 1.33 | -0.53 | 28 | ||
2023-02-15 | 2022-12-31 | 2.22 | 2.61 | 0.39 | 17 | ||
2022-10-27 | 2022-09-30 | 2.47 | 2.23 | -0.24 | 9 | ||
2022-07-28 | 2022-06-30 | 2.55 | 2.45 | -0.1 | 3 | ||
2022-04-28 | 2022-03-31 | 2.37 | 2.33 | -0.04 | 1 | ||
2022-02-16 | 2021-12-31 | 1.85 | 2.66 | 0.81 | 43 | ||
2021-10-28 | 2021-09-30 | 1.92 | 1.96 | 0.04 | 2 | ||
2021-07-29 | 2021-06-30 | 1.56 | 2.63 | 1.07 | 68 | ||
2021-04-29 | 2021-03-31 | 0.92 | 1.23 | 0.31 | 33 | ||
2021-02-17 | 2020-12-31 | 1.4 | 1.5 | 0.1 | 7 | ||
2020-10-29 | 2020-09-30 | 1.17 | 1.29 | 0.12 | 10 | ||
2020-07-30 | 2020-06-30 | 0.31 | 0.65 | 0.34 | 109 | ||
2020-04-29 | 2020-03-31 | 0.22 | 0.4 | 0.18 | 81 | ||
2020-02-19 | 2019-12-31 | 0.88 | 0.97 | 0.09 | 10 | ||
2019-10-24 | 2019-09-30 | 0.56 | 0.66 | 0.1 | 17 | ||
2019-07-25 | 2019-06-30 | 0.47 | 0.62 | 0.15 | 31 | ||
2019-04-25 | 2019-03-31 | 0.2 | 0.39 | 0.19 | 95 | ||
2019-02-20 | 2018-12-31 | 0.84 | 0.76 | -0.08 | 9 | ||
2018-10-25 | 2018-09-30 | 0.43 | 0.43 | 0.0 | 0 | ||
2018-07-27 | 2018-06-30 | 0.34 | 0.35 | 0.01 | 2 | ||
2018-04-26 | 2018-03-31 | 0.26 | 0.26 | 0.0 | 0 | ||
2018-02-27 | 2017-12-31 | 0.81 | 0.84 | 0.03 | 3 | ||
2017-10-24 | 2017-09-30 | 0.4 | 0.4 | 0.0 | 0 | ||
2017-07-28 | 2017-06-30 | 0.46 | 0.4 | -0.06 | 13 | ||
2017-04-26 | 2017-03-31 | 0.23 | 0.23 | 0.0 | 0 | ||
2017-02-21 | 2016-12-31 | 0.62 | 0.66 | 0.04 | 6 | ||
2016-11-01 | 2016-09-30 | 0.54 | 0.47 | -0.07 | 12 | ||
2016-07-26 | 2016-06-30 | 0.5 | 0.5 | 0.0 | 0 | ||
2016-04-26 | 2016-03-31 | 0.39 | 0.39 | 0.0 | 0 | ||
2016-02-23 | 2015-12-31 | 0.58 | 0.61 | 0.03 | 5 | ||
2015-10-28 | 2015-09-30 | 0.47 | 0.53 | 0.06 | 12 | ||
2015-07-20 | 2015-06-30 | 0.47 | 0.46 | -0.01 | 2 | ||
2015-04-21 | 2015-03-31 | 0.38 | 0.37 | -0.01 | 2 | ||
2015-02-24 | 2014-12-31 | 0.62 | 0.63 | 0.01 | 1 | ||
2014-10-21 | 2014-09-30 | 0.48 | 0.46 | -0.02 | 4 | ||
2014-07-22 | 2014-06-30 | 0.53 | 0.44 | -0.09 | 16 | ||
2014-04-22 | 2014-03-31 | 0.41 | 0.38 | -0.03 | 7 | ||
2014-02-19 | 2013-12-31 | 0.59 | 0.64 | 0.05 | 8 | ||
2013-11-08 | 2013-09-30 | 0.46 | 0.47 | 0.01 | 2 | ||
2013-07-23 | 2013-06-30 | 0.52 | 0.5 | -0.02 | 3 | ||
2013-04-23 | 2013-03-31 | 0.41 | 0.41 | 0.0 | 0 | ||
2013-02-20 | 2012-12-31 | 0.5 | 0.53 | 0.03 | 6 | ||
2012-10-23 | 2012-09-30 | 0.42 | 0.4 | -0.02 | 4 | ||
2012-07-23 | 2012-06-30 | 0.41 | 0.43 | 0.02 | 4 | ||
2012-04-23 | 2012-03-31 | 0.34 | 0.33 | -0.01 | 2 | ||
2012-02-28 | 2011-12-31 | 0.38 | 0.43 | 0.05 | 13 | ||
2011-10-25 | 2011-09-30 | 0.31 | 0.33 | 0.02 | 6 | ||
2011-07-26 | 2011-06-30 | 0.36 | 0.37 | 0.01 | 2 | ||
2011-04-26 | 2011-03-31 | 0.25 | 0.26 | 0.01 | 4 | ||
2011-02-22 | 2010-12-31 | 0.26 | 0.3 | 0.04 | 15 | ||
2010-10-26 | 2010-09-30 | 0.27 | 0.27 | 0.0 | 0 | ||
2010-07-29 | 2010-06-30 | 0.27 | 0.27 | 0.0 | 0 | ||
2010-04-27 | 2010-03-31 | 0.19 | 0.14 | -0.05 | 26 | ||
2010-02-23 | 2009-12-31 | 0.15 | 0.18 | 0.03 | 20 | ||
2009-10-27 | 2009-09-30 | 0.24 | 0.21 | -0.03 | 12 | ||
2009-07-28 | 2009-06-30 | 0.15 | 0.19 | 0.04 | 26 | ||
2009-05-08 | 2009-03-31 | -0.04 | 0.13 | 0.17 | 425 | ||
2009-03-31 | 2008-12-31 | 0.03 | -0.12 | -0.15 | 500 | ||
2008-10-28 | 2008-09-30 | 0.29 | 0.25 | -0.04 | 13 | ||
2008-07-29 | 2008-06-30 | 0.48 | 0.49 | 0.01 | 2 | ||
2008-04-29 | 2008-03-31 | 0.49 | 0.44 | -0.05 | 10 | ||
2008-02-26 | 2007-12-31 | 0.65 | 0.68 | 0.03 | 4 | ||
2007-10-30 | 2007-09-30 | 0.7 | 0.7 | 0.0 | 0 | ||
2007-07-31 | 2007-06-30 | 0.65 | 0.65 | 0.0 | 0 | ||
2007-05-01 | 2007-03-31 | 0.52 | 0.52 | 0.0 | 0 | ||
2007-02-27 | 2006-12-31 | 0.6 | 0.63 | 0.03 | 5 | ||
2006-10-31 | 2006-09-30 | 0.64 | 0.66 | 0.02 | 3 | ||
2006-08-02 | 2006-06-30 | 0.42 | 0.42 | 0.0 | 0 | ||
2006-04-25 | 2006-03-31 | 0.46 | 0.5 | 0.04 | 8 | ||
2006-02-21 | 2005-12-31 | 0.51 | 0.58 | 0.07 | 13 | ||
2005-10-25 | 2005-09-30 | 0.61 | 0.65 | 0.04 | 6 | ||
2005-07-26 | 2005-06-30 | 0.63 | 0.66 | 0.03 | 4 | ||
2005-04-26 | 2005-03-31 | 0.45 | 0.45 | 0.0 | 0 | ||
2005-02-22 | 2004-12-31 | 0.42 | 0.48 | 0.06 | 14 | ||
2004-10-26 | 2004-09-30 | 0.53 | 0.53 | 0.0 | 0 | ||
2004-07-27 | 2004-06-30 | 0.73 | 0.73 | 0.0 | 0 | ||
2004-04-27 | 2004-03-31 | 0.47 | 0.53 | 0.06 | 12 | ||
2004-02-24 | 2003-12-31 | 0.47 | 0.45 | -0.02 | 4 | ||
2003-10-28 | 2003-09-30 | 0.81 | 0.64 | -0.17 | 20 | ||
2003-07-29 | 2003-06-30 | 0.69 | 0.68 | -0.01 | 1 | ||
2003-04-29 | 2003-03-31 | 0.48 | 0.43 | -0.05 | 10 | ||
2003-03-04 | 2002-12-31 | 0.49 | 0.51 | 0.02 | 4 | ||
2002-10-29 | 2002-09-30 | 0.72 | 0.74 | 0.02 | 2 | ||
2002-07-30 | 2002-06-30 | 0.69 | 0.69 | 0.0 | 0 | ||
2002-04-23 | 2002-03-31 | 0.46 | 0.53 | 0.07 | 15 | ||
2002-02-26 | 2001-12-31 | 0.46 | 0.51 | 0.05 | 10 | ||
2001-10-30 | 2001-09-30 | 0.48 | 0.53 | 0.05 | 10 | ||
2001-07-31 | 2001-06-30 | 0.43 | 0.55 | 0.12 | 27 | ||
2001-04-24 | 2001-03-31 | 0.23 | 0.33 | 0.1 | 43 | ||
2001-02-26 | 2000-12-31 | 0.29 | 0.29 | 0.0 | 0 | ||
2000-10-30 | 2000-09-30 | 0.49 | 0.51 | 0.02 | 4 | ||
2000-07-25 | 2000-06-30 | 0.47 | 0.58 | 0.11 | 23 | ||
2000-04-24 | 2000-03-31 | 0.33 | 0.39 | 0.06 | 18 | ||
2000-02-22 | 1999-12-31 | 0.31 | 0.38 | 0.07 | 22 | ||
1999-10-25 | 1999-09-30 | 0.31 | 0.37 | 0.06 | 19 | ||
1999-07-26 | 1999-06-30 | 0.26 | 0.3 | 0.04 | 15 | ||
1999-04-26 | 1999-03-31 | 0.16 | 0.24 | 0.08 | 50 | ||
1999-02-16 | 1998-12-31 | 0.19 | 0.24 | 0.05 | 26 | ||
1998-11-04 | 1998-09-30 | 0.2 | 0.21 | 0.01 | 5 | ||
1998-08-05 | 1998-06-30 | 0.17 | 0.2 | 0.03 | 17 | ||
1998-05-05 | 1998-03-31 | 0.09 | 0.1 | 0.01 | 11 | ||
1998-03-02 | 1997-12-31 | 0.09 | 0.07 | -0.02 | 22 |
Sonic Automotive Corporate Directors
| Keri Kaiser | Independent Director | Profile | |
| William Brooks | Director | Profile | |
| Victor Doolan | Independent Director | Profile | |
| Robert Heller | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sonic Automotive. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. For more detail on how to invest in Sonic Stock please use our How to Invest in Sonic Automotive guide.You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Automotive Retail 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 Sonic Automotive. If investors know Sonic 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 Sonic Automotive 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 0.7 | Dividend Share 1.3 | Earnings Share 7.02 | Revenue Per Share | Quarterly Revenue Growth 0.079 |
The market value of Sonic Automotive is measured differently than its book value, which is the value of Sonic that is recorded on the company's balance sheet. Investors also form their own opinion of Sonic Automotive's value that differs from its market value or its book value, called intrinsic value, which is Sonic Automotive'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 Sonic Automotive's market value can be influenced by many factors that don't directly affect Sonic Automotive'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 Sonic Automotive's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonic Automotive is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonic Automotive'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.