Armstrong World Industries Stock Piotroski F Score

AWI Stock  USD 141.06  0.01  0.01%   
This module uses fundamental data of Armstrong World to approximate its Piotroski F score. Armstrong World F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Armstrong World Industries. 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 Armstrong World financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Armstrong World Altman Z Score, Armstrong World Correlation, Armstrong World Valuation, as well as analyze Armstrong World Alpha and Beta and Armstrong World Hype Analysis.
  
As of now, Armstrong World's Net Debt To EBITDA is decreasing as compared to previous years. The Armstrong World's current Cash Flow To Debt Ratio is estimated to increase to 2.88, while Short and Long Term Debt Total is projected to decrease to under 92.4 M. As of now, Armstrong World's Capex To Depreciation is decreasing as compared to previous years. The Armstrong World's current PB Ratio is estimated to increase to 8.57, while Dividend Yield is projected to decrease to 0.01.
At this time, it appears that Armstrong World's Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
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)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Armstrong World Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Armstrong World is to make sure Armstrong is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Armstrong World'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 Armstrong World's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.90.7846
Fairly Up
Slightly volatile
Gross Profit Margin0.230.4023
Way Down
Slightly volatile
Net Debt17.1 M18 M
Notably Down
Slightly volatile
Total Current Liabilities306.1 M249.7 M
Fairly Up
Slightly volatile
Non Current Liabilities Total794.1 M835.9 M
Notably Down
Slightly volatile
Total Assets2.2 B1.8 B
Fairly Up
Slightly volatile
Total Current Assets331.5 M348.9 M
Notably Down
Slightly volatile
Total Cash From Operating Activities207 M266.8 M
Significantly Down
Slightly volatile

Armstrong World Indu 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 Armstrong World's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Armstrong World in a much-optimized way.

About Armstrong World 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.

Common Stock Shares Outstanding

51.58 Million

As of now, Armstrong World's Common Stock Shares Outstanding is decreasing as compared to previous years.

Armstrong World 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, Armstrong World's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Armstrong World's managers, analysts, and investors.
Environmental
Governance
Social

About Armstrong World Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Armstrong World Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Armstrong World using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Armstrong World Industries 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.

Currently Active Assets on Macroaxis

When determining whether Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Is Building Products 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 Armstrong World. If investors know Armstrong 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 Armstrong World 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
0.338
Dividend Share
1.176
Earnings Share
6.02
Revenue Per Share
33.082
Quarterly Revenue Growth
0.177
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.