AutoZone, Inc. (AZOI34) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of AutoZone, Inc. BRL 39.40, price BRL 66.78, upside -41.0%, quality 62 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$32.01 – R$105.82 · fair‑value band R$22.39 – R$60.24 · the R$66.78 price screens above the R$39.40 fair value. Dashed = 300-day average. As of Sep 29, 2026.
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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.
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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.
Stock analysis
AutoZone, Inc. (AZOI34) currently trades at R$66.78, while our model-based Fair Value estimate is R$39.40, 41.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of R$64.28 per share, and 2 of the 20 models we run sit above the R$66.78 price.
Bear case: the Growth DCF group reads lowest at R$25.78, and 18 of the 20 models stay below the price. Evidence for this calculation is low.
Scenario range: R$22.39 (bear) to R$60.24 (bull), the price of R$66.78 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
AutoZone, Inc. reported revenue of $18.9B in FY2025 versus $16.3B in FY2022, a compound +5.2%/yr. Reported net income was $2.5B in FY2025, compounding +0.9%/yr from FY2022.
Key figures
Market cap R$250B (≈ $47.8B) · P/E ratio 19.5 · P/S ratio 2.58 · EPS (TTM) R$3.42 · Net margin 13.2% · Return on assets (EBIT) 21.0% · Operating margin 19.1% · Revenue (TTM) $20.0B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −27% fair-value upside, at −41%, AZOI34 screens richer than that median.
Fair Value models
Bear R$22.39Fair Value R$39.40Bull R$60.24
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (R$3.42 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+2.4%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.2%
’22
’23
’24
’25
What shareholders gained per year (last 3 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
+3.7%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.7%
Dividend (yield on the price)0.0%
Profit margin 2022 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.20% → 19%
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Auto Parts · 669 stocks
Beats the industry median on 6/8 measures
Overall it ranks above its industry peers.
Valuation
Quality Score62 · Top 25%
Fair Value upside−12.4% · Below median
Profitability
Return on equity (TTM)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets11.4% · Top 25%
Net margin (TTM)12.4% · Top 25%
Operating margin (TTM)19.1% · Top 25%
Growth and dividend
Revenue growth8.4% · Above median
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Auto Parts median · lower = cheaper
P/E (TTM)19.5× · Cheaper than median
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
PEG1.36× · Pricier than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)18· sector 25
FUTURE (revenue growth)42· sector 28
PAST (return on equity)0· sector 29
HEALTH (low debt)0· sector 95
DIVIDEND (yield)0· sector 38
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
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/AZOI34
Frequently asked questions
Is AutoZone, Inc. (AZOI34) overvalued or undervalued?
As of Sep 29, 2026, our model estimates a fair value of R$39.40 versus a price of R$66.78, about −41% upside (overvalued).
What is the fair value of AZOI34?
Our model-based fair value for AutoZone, Inc. is R$39.40 (as of Sep 29, 2026), built from audited fundamentals. The current price: R$66.78.
What is the quality score of AZOI34?
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 price target for AutoZone, Inc. (AZOI34)?
Our model-based price target is the fair value of R$39.40 (as of Sep 29, 2026) from 20 valuation models. Cautious scenario R$22.39, optimistic scenario R$60.24. It is a calculation from audited fundamentals, not an analyst target.
What is the AutoZone, Inc. stock forecast for 2026?
Our models put fair value at R$39.40, about −41% upside versus a price of R$66.78 (overvalued). Cautious scenario R$22.39, optimistic scenario R$60.24. The calculation is refreshed regularly with new filings.
What is the revenue of AutoZone, Inc. (AZOI34)?
AutoZone, Inc. reported trailing-twelve-month revenue of about $20.0B (latest available figure, as of Sep 29, 2026).
What is the intrinsic value of AutoZone, Inc. (AZOI34)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AutoZone, Inc. it is R$39.40 per share (as of Sep 29, 2026), against a price of R$66.78. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is AutoZone, Inc. stock overvalued or undervalued in 2026?
As of Sep 29, 2026, AZOI34 trades above its calculated fair value: price R$66.78, fair value R$39.40, a gap of about −41% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of AZOI34?
No. The price is what the market pays today (R$66.78); the fair value is what the company's own numbers justify (R$39.40). For AutoZone, Inc. the two are R$27.38 per share apart. That gap is exactly why we show both numbers side by side.
How much is AutoZone, Inc. worth?
The market values AutoZone, Inc. at about R$250B (market capitalisation, as of Sep 29, 2026). Per share that is R$66.78; our models calculate a fair value of R$39.40 per share.
What do the bullish and bearish scenarios say about AZOI34?
Our models span a range for AutoZone, Inc.: cautious scenario R$22.39, base R$39.40, optimistic R$60.24 per share (as of Sep 29, 2026, price R$66.78). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of AZOI34?
AutoZone, Inc. trades at a price-to-earnings ratio of 19.5 (as of Sep 29, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$39.40 is built from several models across several years. Other multiples: PEG 1.4.
What is the PEG ratio of AZOI34?
The PEG ratio of AutoZone, Inc. is 1.36 (P/E divided by earnings growth, as of Sep 29, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of AutoZone, Inc. (AZOI34)?
Balance-sheet figures for AutoZone, Inc. (as of Sep 29, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is AZOI34 from its 52-week high?
AutoZone, Inc. trades at R$66.78, about 36% below its 52-week high of R$103.70 and 2% above the low of R$65.50 (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of R$39.40 is for.
Which stocks are comparable to AutoZone, Inc.?
From the same area (Consumer Cyclical) we also value O'Reilly Automotive, Inc, Hyundai Mobis Co, Fuyao Glass Industry Group, Knorr-Bremse AG, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AutoZone, Inc. stock attractive at the current price?
The data as of Sep 29, 2026: price R$66.78, calculated fair value R$39.40 (−41%), Quality Score 62/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of AZOI34 calculated?
We run AutoZone, Inc. through 20 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$39.40, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. AutoZone, Inc. itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AutoZone, Inc. (AZOI34)?
The closing price on Oct 2, 2026 was R$66.78. Our model-based fair value is R$39.40, about −41% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AutoZone, Inc. right now?
The price sits above even our optimistic bull case (R$60.24). The favourable scenario is already priced in. The model range is unusually wide (R$22.39 to R$60.24). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of AutoZone, Inc.
How large is the market capitalisation of AutoZone, Inc. (AZOI34)?
The market capitalisation of AutoZone, Inc. is R$250B (≈ $47.8B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AutoZone, Inc. (AZOI34)?
The price-to-sales ratio of AutoZone, Inc. is 2.58 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AutoZone, Inc. (AZOI34)?
Earnings per share at AutoZone, Inc. are R$3.42 (price ÷ EPS = P/E 19.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of AutoZone, Inc. (AZOI34)?
The net margin of AutoZone, Inc. is 13.2% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of AutoZone, Inc. (AZOI34)?
On an EBIT basis the return on assets of AutoZone, Inc. is 21.0% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AutoZone, Inc. (AZOI34)?
The operating margin of AutoZone, Inc. is 19.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AutoZone, Inc. (AZOI34)?
Revenue at AutoZone, Inc. is growing +8.4% versus a year earlier (3y avg +5.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AutoZone, Inc. (AZOI34)?
Earnings per share at AutoZone, Inc. are growing +7.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does AutoZone, Inc. (AZOI34) generate?
The free cash flow of AutoZone, Inc. is $1.8B (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does AutoZone, Inc. (AZOI34) carry?
The net debt of AutoZone, Inc. is $8.5B (fiscal year 2025, ≈ 4.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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