Axalta Coating Systems Stock Piotroski F Score
| AXTA Stock | USD 31.22 0.29 0.94% |
Axalta | Piotroski F Score |
At this time, it appears that Axalta Coating'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..
6.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Increased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Increase |
| Current Ratio Change | Decrease |
| Long Term Debt Over Assets Change | Higher Leverage |
| Change In Outstending Shares | Decrease |
| Change in Gross Margin | No Change |
Axalta Coating Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Axalta Coating is to make sure Axalta is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Axalta Coating'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 Axalta Coating's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Asset Turnover | 0.8 | 0.7129 |
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| Gross Profit Margin | 0.26 | 0.3122 |
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| Total Current Liabilities | 1.2 B | 1.4 B |
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| Non Current Liabilities Total | 4.3 B | 4.1 B |
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| Total Assets | 7 B | 7.3 B |
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| Total Current Assets | 2.5 B | 2.8 B |
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| Total Cash From Operating Activities | 487.2 M | 575.3 M |
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Axalta Coating Systems 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 Axalta Coating's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Axalta Coating in a much-optimized way.
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About Axalta Coating 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 |
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Axalta Coating 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, Axalta Coating's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Axalta Coating's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
About Axalta Coating Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Axalta Coating Systems's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Axalta Coating using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Axalta Coating Systems 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.
Axalta Coating Investors Sentiment
The influence of Axalta Coating's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Axalta. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Axalta Coating's public news can be used to forecast risks associated with an investment in Axalta. The trend in average sentiment can be used to explain how an investor holding Axalta can time the market purely based on public headlines and social activities around Axalta Coating Systems. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Axalta Coating's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Axalta Coating's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Axalta Coating's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Axalta Coating.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Axalta Coating in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Axalta Coating's short interest history, or implied volatility extrapolated from Axalta Coating options trading.
Pair Trading with Axalta Coating
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Axalta Coating position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Axalta Coating will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Axalta Coating could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Axalta Coating when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Axalta Coating - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Axalta Coating Systems to buy it.
The correlation of Axalta Coating is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Axalta Coating moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Axalta Coating Systems moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Axalta Coating can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Axalta Coating Altman Z Score, Axalta Coating Correlation, Axalta Coating Valuation, as well as analyze Axalta Coating Alpha and Beta and Axalta Coating Hype Analysis. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for Axalta Stock analysis
When running Axalta Coating's price analysis, check to measure Axalta Coating's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Axalta Coating is operating at the current time. Most of Axalta Coating's value examination focuses on studying past and present price action to predict the probability of Axalta Coating's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Axalta Coating's price. Additionally, you may evaluate how the addition of Axalta Coating to your portfolios can decrease your overall portfolio volatility.
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Is Axalta Coating's industry 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 Axalta Coating. If investors know Axalta 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 Axalta Coating 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 0.681 | Earnings Share 1.21 | Revenue Per Share 23.457 | Quarterly Revenue Growth 0.049 | Return On Assets 0.0541 |
The market value of Axalta Coating Systems is measured differently than its book value, which is the value of Axalta that is recorded on the company's balance sheet. Investors also form their own opinion of Axalta Coating's value that differs from its market value or its book value, called intrinsic value, which is Axalta Coating'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 Axalta Coating's market value can be influenced by many factors that don't directly affect Axalta Coating'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 Axalta Coating's value and its price as these two are different measures arrived at by different means. Investors typically determine if Axalta Coating is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Axalta Coating'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.