Alphabet (GOOG) Stock Analysis
This is a peer-relative look at Alphabet (GOOG): its performance, risk, profitability, financial strength, dividend, and valuation are each measured against its Media & Entertainment peers, so every number reads in context rather than in isolation.
Company Profile
| Profile Item | GOOG |
|---|---|
| Name | Alphabet Inc. |
| Country/Region | United States |
| GICS Sector | Communication Services |
| GICS Industry Group | Media & Entertainment |
| GICS Industry | Interactive Media & Services |
| GICS Sub-Industry | Interactive Media & Services |
| Market Capitalization | 4,256.01 billion USD |
| Currency | USD |
| Exchange | Nasdaq |
| Listing Date | August 19, 2004 |
| Security Type | Common Stock |
Performance
Cumulative Growth
Trailing Returns
Performance at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| Total Return (1Y) | 108.54% | -4.70% |
Risk
Drawdown
Risk at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| Volatility (1Y, Annualized) | 29.18% | 46.18% |
| Beta (5Y) | 1.24 | 0.97 |
Profitability
ROE (TTM)
Alphabet (GOOG) posts ROE of 38.89%, in the upper peer quartile. That suggests the company earns more from each dollar of shareholders’ equity than most industry peers, a useful capital-efficiency signal.
GOOG
Media & Entertainment industry group
38.89%
Group distribution
- GOOG
- 38.89%
- Max
- 38.89%
- Q3
- 15.58%
- Median
- 6.43%
- Q1
- -3.97%
- Min
- -29.59%
Largest peers
- NFLX
- 48.50%
- GOOG
- 38.89%
- SPOT
- 37.99%
- META
- 32.93%
- NTES
- 22.13%
- CMCSA
- 20.92%
- DIS
- 11.01%
Net Margin (TTM)
Alphabet (GOOG) keeps 37.92% of revenue as net profit on net margin, above the industry benchmark range. That is unusually strong bottom-line conversion, though tax effects, asset sales, or other one-off gains should be checked before treating it as durable.
GOOG
Media & Entertainment industry group
37.92%
Group distribution
- GOOG
- 37.92%
- Max
- 30.77%
- Q3
- 10.81%
- Median
- 3.55%
- Q1
- -3.19%
- Min
- -24.17%
Largest peers
- GOOG
- 37.92%
- META
- 32.84%
- NTES
- 29.84%
- NFLX
- 28.52%
- SPOT
- 15.45%
- CMCSA
- 15.00%
- DIS
- 11.54%
Operating Margin (TTM)
Alphabet (GOOG) turns 36.12% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.
GOOG
Media & Entertainment industry group
36.12%
Group distribution
- Max
- 41.37%
- GOOG
- 36.12%
- Q3
- 17.06%
- Median
- 7.79%
- Q1
- -3.39%
- Min
- -27.39%
Largest peers
- NTES
- 41.37%
- META
- 40.62%
- GOOG
- 36.12%
- NFLX
- 32.30%
- SPOT
- 15.77%
- DIS
- 15.51%
- CMCSA
- 13.15%
Profitability at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| ROE (TTM) | 38.89% | 6.43% |
| ROA (TTM) | 14.64% | 3.04% |
| Net Margin (TTM) | 37.92% | 3.55% |
| Operating Margin (TTM) | 36.12% | 7.79% |
| Gross Margin (TTM) | 60.37% | 52.29% |
Financial Strength
Current Ratio (MRQ)
Alphabet (GOOG) has current ratio of 1.92, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.
GOOG
Media & Entertainment industry group
1.92
Group distribution
- Max
- 4.37
- Q3
- 2.32
- GOOG
- 1.92
- Median
- 1.39
- Q1
- 0.89
- Min
- 0.31
Largest peers
- NTES
- 3.29
- META
- 2.35
- SPOT
- 2.06
- GOOG
- 1.92
- NFLX
- 1.41
- CMCSA
- 0.87
- DIS
- 0.68
Debt / Equity (MRQ)
Alphabet (GOOG) has debt-to-equity ratio of 0.20, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.
GOOG
Media & Entertainment industry group
0.20
Group distribution
- Max
- 2.46
- Q3
- 1.25
- Median
- 0.50
- GOOG
- 0.20
- Q1
- 0.15
- Min
- 0.00
Largest peers
- CMCSA
- 1.07
- NFLX
- 0.54
- DIS
- 0.41
- META
- 0.36
- GOOG
- 0.20
- NTES
- 0.06
- SPOT
- 0.06
Financial Strength at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| Current Ratio (MRQ) | 1.92 | 1.39 |
| Debt / Equity (MRQ) | 0.20 | 0.50 |
| Net Debt / EBITDA | -0.19 | 1.23 |
Dividends
Dividend Yield (TTM)
Alphabet (GOOG) has dividend yield of 0.23%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.
GOOG
Media & Entertainment industry group
0.23%
Group distribution
- Max
- 2.17%
- Q3
- 1.02%
- GOOG
- 0.23%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- CMCSA
- 5.89%
- NTES
- 3.44%
- DIS
- 1.44%
- META
- 0.36%
- GOOG
- 0.23%
- NFLX
- 0.00%
- SPOT
- 0.00%
Dividend Payout Ratio (TTM)
Alphabet (GOOG) has payout ratio of 6.41%, within the industry’s typical payout band. The dividend shares profits with investors while leaving earnings coverage that looks normal for the peer group.
GOOG
Media & Entertainment industry group
6.41%
Group distribution
- Max
- 45.76%
- Q3
- 22.57%
- GOOG
- 6.41%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Largest peers
- NTES
- 39.66%
- CMCSA
- 25.88%
- DIS
- 20.00%
- META
- 7.64%
- GOOG
- 6.41%
- NFLX
- 0.00%
- SPOT
- 0.00%
Dividends at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| Dividend Yield (TTM) | 0.23% | 0.00% |
| Dividend Payout Ratio (TTM) | 6.41% | 0.00% |
Valuation
P/E Ratio (TTM)
Alphabet (GOOG) trades at P/E ratio of 26.60, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.
GOOG
Media & Entertainment industry group
26.60
Group distribution
- Max
- 65.67
- Q3
- 35.82
- GOOG
- 26.60
- Median
- 21.74
- Q1
- 11.07
- Min
- 1.56
Largest peers
- SPOT
- 31.06
- GOOG
- 26.60
- NFLX
- 23.51
- META
- 20.49
- DIS
- 16.39
- NTES
- 15.55
- CMCSA
- 4.38
P/S Ratio (TTM)
Alphabet (GOOG) trades at 10.07 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.
GOOG
Media & Entertainment industry group
10.07
Group distribution
- GOOG
- 10.07
- Max
- 8.27
- Q3
- 3.98
- Median
- 1.38
- Q1
- 0.59
- Min
- 0.00
Largest peers
- GOOG
- 10.07
- META
- 6.66
- NFLX
- 6.54
- SPOT
- 5.39
- DIS
- 1.83
- NTES
- 0.68
- CMCSA
- 0.64
P/B Ratio (MRQ)
Alphabet (GOOG) trades at 8.83 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.
GOOG
Media & Entertainment industry group
8.83
Group distribution
- Max
- 12.69
- GOOG
- 8.83
- Q3
- 5.79
- Median
- 1.82
- Q1
- 0.78
- Min
- -2.93
Largest peers
- NTES
- 15.98
- NFLX
- 9.86
- SPOT
- 9.62
- GOOG
- 8.83
- META
- 5.87
- DIS
- 1.64
- CMCSA
- 0.90
Valuation at a Glance
| Metric | Current stock: GOOG | Industry group median |
|---|---|---|
| P/E Ratio (TTM) | 26.60 | 21.74 |
| P/S Ratio (TTM) | 10.07 | 1.38 |
| P/B Ratio (MRQ) | 8.83 | 1.82 |
| Free Cash Flow Yield (TTM) | 0.66% | 8.08% |