Armstrong Ebitda vs Total Revenue Analysis

AWI Stock  USD 117.55  1.27  1.09%   
Armstrong World financial indicator trend analysis is way more than just evaluating Armstrong World Indu prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Armstrong World Indu is a good investment. Please check the relationship between Armstrong World Ebitda and its Total Revenue accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.

Ebitda vs Total Revenue

Ebitda vs Total Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Armstrong World Indu Ebitda account and Total Revenue. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Armstrong World's Ebitda and Total Revenue is 0.17. Overlapping area represents the amount of variation of Ebitda that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Armstrong World Industries, assuming nothing else is changed. The correlation between historical values of Armstrong World's Ebitda and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ebitda of Armstrong World Industries are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Ebitda i.e., Armstrong World's Ebitda and Total Revenue go up and down completely randomly.

Correlation Coefficient

0.17
Relationship DirectionPositive 
Relationship StrengthInsignificant

Ebitda

Total Revenue

Total revenue comprises all receipts Armstrong World Indu generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.
Most indicators from Armstrong World's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Armstrong World Indu current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
As of now, Armstrong World's Enterprise Value Multiple is decreasing as compared to previous years.
 2021 2022 2023 2024 (projected)
Gross Profit405.6M449.1M497M481.3M
Total Revenue1.1B1.2B1.3B1.8B

Armstrong World fundamental ratios Correlations

0.740.580.45-0.340.860.840.70.880.210.560.66-0.26-0.780.50.690.83-0.310.690.46-0.390.780.140.480.780.13
0.740.00.87-0.610.860.970.340.940.260.260.190.06-0.730.020.570.4-0.260.57-0.16-0.770.33-0.450.090.440.11
0.580.0-0.240.260.210.170.720.24-0.170.340.7-0.33-0.430.750.430.71-0.050.430.770.290.820.670.650.68-0.03
0.450.87-0.24-0.490.60.820.110.740.14-0.030.10.02-0.52-0.050.120.27-0.150.12-0.29-0.690.15-0.650.070.11-0.01
-0.34-0.610.26-0.49-0.47-0.550.19-0.45-0.170.080.29-0.050.140.48-0.320.050.54-0.320.430.790.170.230.160.00.23
0.860.860.210.6-0.470.90.60.910.330.440.39-0.14-0.850.230.70.55-0.330.70.21-0.550.51-0.160.150.660.07
0.840.970.170.82-0.550.90.480.970.260.280.33-0.04-0.810.170.60.55-0.230.60.02-0.70.49-0.340.20.540.0
0.70.340.720.110.190.60.480.60.110.620.81-0.25-0.870.840.610.7-0.090.610.760.230.910.240.530.920.17
0.880.940.240.74-0.450.910.970.60.330.490.44-0.03-0.870.310.690.59-0.250.690.14-0.570.59-0.280.270.70.17
0.210.26-0.170.14-0.170.330.260.110.330.41-0.07-0.15-0.22-0.090.29-0.010.110.29-0.07-0.15-0.02-0.18-0.040.280.41
0.560.260.34-0.030.080.440.280.620.490.410.59-0.03-0.480.570.570.44-0.260.570.490.180.580.170.370.780.67
0.660.190.70.10.290.390.330.810.44-0.070.59-0.48-0.570.940.220.9-0.190.220.880.340.940.360.820.690.24
-0.260.06-0.330.02-0.05-0.14-0.04-0.25-0.03-0.15-0.03-0.480.09-0.360.18-0.490.30.18-0.57-0.25-0.36-0.42-0.62-0.180.09
-0.78-0.73-0.43-0.520.14-0.85-0.81-0.87-0.87-0.22-0.48-0.570.09-0.55-0.7-0.60.08-0.7-0.40.21-0.730.14-0.3-0.82-0.11
0.50.020.75-0.050.480.230.170.840.31-0.090.570.94-0.36-0.550.220.77-0.020.220.90.540.920.350.740.710.19
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.220.29-0.191.00.16-0.340.470.110.070.790.23
0.830.40.710.270.050.550.550.70.59-0.010.440.9-0.49-0.60.770.29-0.130.290.750.010.90.30.730.630.06
-0.31-0.26-0.05-0.150.54-0.33-0.23-0.09-0.250.11-0.26-0.190.30.08-0.02-0.19-0.13-0.19-0.130.24-0.15-0.23-0.31-0.220.05
0.690.570.430.12-0.320.70.60.610.690.290.570.220.18-0.70.221.00.29-0.190.16-0.340.470.110.070.790.23
0.46-0.160.77-0.290.430.210.020.760.14-0.070.490.88-0.57-0.40.90.160.75-0.130.160.590.830.580.680.630.05
-0.39-0.770.29-0.690.79-0.55-0.70.23-0.57-0.150.180.34-0.250.210.54-0.340.010.24-0.340.590.20.40.270.070.14
0.780.330.820.150.170.510.490.910.59-0.020.580.94-0.36-0.730.920.470.9-0.150.470.830.20.330.750.840.12
0.14-0.450.67-0.650.23-0.16-0.340.24-0.28-0.180.170.36-0.420.140.350.110.3-0.230.110.580.40.330.520.230.02
0.480.090.650.070.160.150.20.530.27-0.040.370.82-0.62-0.30.740.070.73-0.310.070.680.270.750.520.460.23
0.780.440.680.110.00.660.540.920.70.280.780.69-0.18-0.820.710.790.63-0.220.790.630.070.840.230.460.3
0.130.11-0.03-0.010.230.070.00.170.170.410.670.240.09-0.110.190.230.060.050.230.050.140.120.020.230.3
Click cells to compare fundamentals

Armstrong World Account Relationship Matchups

Armstrong World fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.5B1.7B1.7B1.7B1.7B2.2B
Short Long Term Debt Total646.1M755.7M671.6M687M640.4M591.2M
Total Stockholder Equity364.9M450.9M519.7M535M591.8M501.5M
Net Debt600.8M618.8M573.5M581M569.6M378.3M
Other Assets164.3M261M845.3M142.6M128.3M121.9M
Common Stock Shares Outstanding52.1M49.5M47.9M46.4M44.8M51.7M
Liabilities And Stockholders Equity1.5B1.7B1.7B1.7B1.7B2.2B
Non Current Liabilities Total973.2M1.1B980.7M969.5M886.1M841.8M
Other Stockholder Equity(267.8M)(310.2M)(382.7M)(535.4M)(650.7M)(618.2M)
Total Liab1.1B1.3B1.2B1.2B1.1B1.0B
Other Current Liab64.3M59.2M71M(99.7M)68.9M52.8M
Total Current Liabilities155.2M172.3M209.6M182.7M194.5M309.7M
Property Plant And Equipment Net524.6M529.9M542.8M554.4M618.2M763.2M
Retained Earnings1.0B869.8M1.0B1.2B1.3B1.4B
Accounts Payable79.4M81.3M105.8M105M91M86.5M
Cash45.3M136.9M98.1M106M70.8M67.3M
Non Current Assets Total1.2B1.4B1.4B1.3B1.4B1.7B
Non Currrent Assets Other190.5M876.8M845.3M400K(41.1M)(39.0M)
Cash And Short Term Investments45.3M136.9M98.1M106M70.8M67.3M
Net Receivables115.1M80.6M110.5M114.2M111.8M195.8M
Inventory68.5M81.5M90.2M110M104M98.8M
Other Current Assets700K1.4M800K1.3M26.4M27.7M
Property Plant And Equipment Gross559.9M569.5M542.8M554.4M1.2B781.1M
Total Current Assets244.4M311.8M321.9M356.5M313M297.4M
Accumulated Other Comprehensive Income(376.1M)(109.3M)(109.6M)(100.1M)(104.7M)(109.9M)
Short Term Debt11.5M31.8M32.8M8.1M32.3M32.1M
Good Will53M160.7M167M167.3M175.5M193.0M
Intangible Assets411.9M457.9M421.4M407.7M412.4M411.5M
Other Liab323M1.1B980.7M290.6M261.5M248.5M
Long Term Debt604.5M690.5M606.4M651.1M564.3M740.1M
Treasury Stock(692.2M)(823.5M)(863.9M)(944M)(849.6M)(807.1M)
Property Plant Equipment559.9M529.9M542.8M554.4M499.0M659.1M
Net Tangible Assets(100M)(167.3M)(68.7M)(40M)(36M)(34.2M)
Long Term Debt Total604.5M690.5M606.4M651.1M586.0M654.8M

Pair Trading with Armstrong World

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 Armstrong World 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 Armstrong World will appreciate offsetting losses from the drop in the long position's value.

Moving together with Armstrong Stock

  0.69NX Quanex Building Products Financial Report 6th of June 2024 PairCorr
The ability to find closely correlated positions to Armstrong World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong World 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 Armstrong World - 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 Armstrong World Industries to buy it.
The correlation of Armstrong World 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 Armstrong World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong World Indu 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 Armstrong World 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.
Pair CorrelationCorrelation Matching
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:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Armstrong World Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing.
You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is Armstrong World'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 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
0.308
Dividend Share
1.094
Earnings Share
5.31
Revenue Per Share
29.6
Quarterly Revenue Growth
0.052
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.