Atlas Corp Stock Piotroski F Score

ATCOL Stock  USD 25.07  0.02  0.08%   
This module uses fundamental data of Atlas Corp to approximate its Piotroski F score. Atlas Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Atlas Corp. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Atlas Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Atlas Corp Altman Z Score, Atlas Corp Correlation, Atlas Corp Valuation, as well as analyze Atlas Corp Alpha and Beta and Atlas Corp Hype Analysis.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.
  
At this time, Atlas Corp's Long Term Debt To Capitalization is quite stable compared to the past year. Total Debt To Capitalization is expected to rise to 0.75 this year, although the value of Debt To Assets will most likely fall to 0.61. At this time, Atlas Corp's ROIC is quite stable compared to the past year. Net Income Per Share is expected to rise to 2.02 this year, although the value of Days Sales Outstanding will most likely fall to 22.94.
At this time, it appears that Atlas Corp's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

N/A

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Atlas Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Atlas Corp is to make sure Atlas is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Atlas Corp's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Atlas Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0880.14
Way Down
Slightly volatile
Gross Profit Margin0.660.57
Fairly Up
Slightly volatile
Net Debt10.1 B9.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities1.7 B1.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total10.9 B10.4 B
Sufficiently Up
Slightly volatile
Total Assets18 B17.2 B
Sufficiently Up
Slightly volatile
Total Current Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.6 B1.5 B
Sufficiently Up
Slightly volatile

Atlas Corp F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Atlas Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Atlas Corp in a much-optimized way.

About Atlas Corp Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Book Value Per Share

11.21

At this time, Atlas Corp's Book Value Per Share is quite stable compared to the past year.

Atlas Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Atlas Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atlas Corp's managers, analysts, and investors.
Environmental
Governance
Social

About Atlas Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atlas Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlas Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlas Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Atlas Corp is a strong investment it is important to analyze Atlas Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Atlas Corp's future performance. For an informed investment choice regarding Atlas Stock, refer to the following important reports:
Check out Atlas Corp Altman Z Score, Atlas Corp Correlation, Atlas Corp Valuation, as well as analyze Atlas Corp Alpha and Beta and Atlas Corp Hype Analysis.
For more information on how to buy Atlas Stock please use our How to buy in Atlas Stock guide.
You can also try the Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.
Is Cargo Ground Transportation 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 Atlas Corp. If investors know Atlas 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 Atlas Corp 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
(0.19)
Earnings Share
1.736
Revenue Per Share
11.257
Quarterly Revenue Growth
0.272
Return On Assets
0.0503
The market value of Atlas Corp is measured differently than its book value, which is the value of Atlas that is recorded on the company's balance sheet. Investors also form their own opinion of Atlas Corp's value that differs from its market value or its book value, called intrinsic value, which is Atlas Corp'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 Atlas Corp's market value can be influenced by many factors that don't directly affect Atlas Corp'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 Atlas Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Atlas Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlas Corp'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.