Acuity Brands Stock Piotroski F Score

AYI Stock  USD 264.18  3.07  1.15%   
This module uses fundamental data of Acuity Brands to approximate its Piotroski F score. Acuity Brands F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Acuity Brands. 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 Acuity Brands financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Acuity Brands Altman Z Score, Acuity Brands Correlation, Acuity Brands Valuation, as well as analyze Acuity Brands Alpha and Beta and Acuity Brands Hype Analysis.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
  
As of now, Acuity Brands' Total Debt To Capitalization is decreasing as compared to previous years. The Acuity Brands' current Debt Equity Ratio is estimated to increase to 0.55, while Long Term Debt is projected to decrease to under 403.9 M. As of now, Acuity Brands' Capex To Depreciation is decreasing as compared to previous years. The Acuity Brands' current Free Cash Flow Per Share is estimated to increase to 16.99, while Price To Sales Ratio is projected to decrease to 1.06.
At this time, it appears that Acuity Brands' Piotroski F Score is Unavailable. 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 - Unavailable
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Acuity Brands Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Acuity Brands is to make sure Acuity is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Acuity Brands' 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 Acuity Brands' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06220.0997
Way Down
Slightly volatile
Asset Turnover1.391.16
Fairly Up
Pretty Stable
Gross Profit Margin0.330.42
Significantly Down
Pretty Stable
Total Current Liabilities555.7 M791.1 M
Way Down
Slightly volatile
Non Current Liabilities Total621.8 M860.1 M
Way Down
Slightly volatile
Total Assets2.4 B4.4 B
Way Down
Slightly volatile
Total Current Assets1.1 B2.2 B
Way Down
Slightly volatile
Total Cash From Operating Activities747.7 M712.1 M
Sufficiently Up
Slightly volatile

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

About Acuity Brands 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

32.79 Million

As of now, Acuity Brands' Common Stock Shares Outstanding is decreasing as compared to previous years.

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

About Acuity Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Acuity Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acuity Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acuity Brands 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 Acuity Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Acuity Brands' 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 Acuity Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Acuity Brands Stock:
Check out Acuity Brands Altman Z Score, Acuity Brands Correlation, Acuity Brands Valuation, as well as analyze Acuity Brands Alpha and Beta and Acuity Brands Hype Analysis.
For more detail on how to invest in Acuity Stock please use our How to Invest in Acuity Brands guide.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Electrical Components & Equipment 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 Acuity Brands. If investors know Acuity 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 Acuity Brands 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
0.044
Dividend Share
0.6
Earnings Share
13.42
Revenue Per Share
124.988
Quarterly Revenue Growth
0.018
The market value of Acuity Brands is measured differently than its book value, which is the value of Acuity that is recorded on the company's balance sheet. Investors also form their own opinion of Acuity Brands' value that differs from its market value or its book value, called intrinsic value, which is Acuity Brands' 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 Acuity Brands' market value can be influenced by many factors that don't directly affect Acuity Brands' 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 Acuity Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Acuity Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acuity Brands' 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.