Armstrong World Industries Stock Z Score

AWI Stock

USD 165.28 1.56 0.94%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Armstrong World Piotroski F Score and Armstrong World Valuation analysis.

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As of now, Armstrong World's Return On Capital Employed is increasing as compared to previous years. The Armstrong World's current Capital Expenditure Coverage Ratio is estimated to increase to 3.38, while Net Invested Capital is projected to decrease to under 1.3 B. As of now, Armstrong World's Other Operating Expenses is decreasing as compared to previous years. The Armstrong World's current Operating Income is estimated to increase to about 393 M, while Interest Expense is projected to decrease to under 20.5 M.

Armstrong World Industries Company Z Score Analysis

Armstrong World's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Armstrong Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Armstrong World is extremely important. It helps to project a fair market value of Armstrong Stock properly, considering its historical fundamentals such as Z Score. Since Armstrong World's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Armstrong World's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Armstrong World's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Current Deferred Revenue	Retained Earnings	Accounts Payable	Net Receivables	Total Current Assets	Short Term Debt	Common Stock	Good Will	Intangible Assets	Long Term Debt	Treasury Stock	Property Plant Equipment	Short Term Investments	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.54	0.46	0.92	-0.21	-0.72	0.56	0.59	0.79	0.1	-0.38	-0.55	0.71	0.78	0.76	0.47	-0.33	-0.34	0.65	0.65	0.71	0.62	0.54	0.14	0.48	0.56	0.0
Total Stockholder Equity	0.54		-0.25	0.16	-0.37	-0.29	0.72	0.79	0.61	-0.04	0.27	0.21	0.07	-0.05	0.46	0.55	-0.5	-0.61	0.82	0.53	0.71	0.48	0.29	-0.21	0.53	0.36	0.0
Net Debt	0.46	-0.25		0.66	0.04	-0.51	-0.14	-0.21	0.12	-0.01	-0.68	-0.77	0.72	0.82	0.29	-0.04	-0.03	0.42	0.04	0.13	0.11	0.18	0.06	-0.04	0.06	0.23	0.29
Total Liab	0.92	0.16	0.66		-0.07	-0.7	0.32	0.32	0.64	0.14	-0.57	-0.74	0.8	0.94	0.68	0.29	-0.15	-0.11	0.38	0.51	0.49	0.5	0.49	0.27	0.32	0.49	0.0
Current Deferred Revenue	-0.21	-0.37	0.04	-0.07		-0.08	-0.47	-0.5	-0.11	0.1	-0.22	-0.24	0.09	0.05	-0.26	-0.41	0.7	0.02	-0.4	-0.26	-0.23	-0.32	0.1	0.31	-0.67	-0.25	0.4
Retained Earnings	-0.72	-0.29	-0.51	-0.7	-0.08		-0.36	-0.33	-0.8	-0.06	0.15	0.45	-0.47	-0.68	-0.89	-0.52	0.13	0.41	-0.52	-0.81	-0.67	-0.78	-0.56	-0.25	-0.26	-0.81	-0.6
Accounts Payable	0.56	0.72	-0.14	0.32	-0.47	-0.36		0.93	0.63	0.02	0.44	0.32	-0.09	0.05	0.55	0.92	-0.49	-0.47	0.78	0.73	0.84	0.66	0.4	-0.03	0.54	0.51	-0.1
Net Receivables	0.59	0.79	-0.21	0.32	-0.5	-0.33	0.93		0.66	-0.1	0.34	0.23	-0.01	0.06	0.56	0.81	-0.5	-0.52	0.79	0.66	0.77	0.62	0.3	-0.11	0.49	0.46	-0.16
Total Current Assets	0.79	0.61	0.12	0.64	-0.11	-0.8	0.63	0.66		0.24	0.08	-0.19	0.29	0.46	0.88	0.64	-0.27	-0.68	0.73	0.89	0.82	0.78	0.8	0.43	0.44	0.8	0.31
Short Term Debt	0.1	-0.04	-0.01	0.14	0.1	-0.06	0.02	-0.1	0.24		0.12	0.06	-0.06	0.06	0.1	-0.02	0.18	-0.29	0.09	0.18	0.18	0.1	0.68	0.64	0.17	0.16	-0.03
Common Stock	-0.38	0.27	-0.68	-0.57	-0.22	0.15	0.44	0.34	0.08	0.12		0.94	-0.9	-0.74	0.02	0.53	-0.15	-0.49	0.31	0.34	0.31	0.29	0.17	0.03	0.16	0.25	0.09
Good Will	-0.55	0.21	-0.77	-0.74	-0.24	0.45	0.32	0.23	-0.19	0.06	0.94		-0.93	-0.88	-0.28	0.32	-0.13	-0.3	0.14	0.04	0.08	-0.01	-0.06	-0.12	0.1	-0.06	-0.1
Intangible Assets	0.71	0.07	0.72	0.8	0.09	-0.47	-0.09	-0.01	0.29	-0.06	-0.9	-0.93		0.88	0.34	-0.18	0.01	0.23	0.04	0.05	0.08	0.06	0.08	0.02	0.07	0.06	0.01
Long Term Debt	0.78	-0.05	0.82	0.94	0.05	-0.68	0.05	0.06	0.46	0.06	-0.74	-0.88	0.88		0.57	0.07	-0.07	0.09	0.18	0.34	0.28	0.35	0.33	0.21	0.2	0.39	0.11
Treasury Stock	0.76	0.46	0.29	0.68	-0.26	-0.89	0.55	0.56	0.88	0.1	0.02	-0.28	0.34	0.57		0.65	-0.37	-0.58	0.67	0.9	0.74	0.92	0.6	0.24	0.54	0.91	0.29
Property Plant Equipment	0.47	0.55	-0.04	0.29	-0.41	-0.52	0.92	0.81	0.64	-0.02	0.53	0.32	-0.18	0.07	0.65		-0.44	-0.47	0.73	0.85	0.85	0.78	0.41	0.02	0.47	0.68	0.17
Short Term Investments	-0.33	-0.5	-0.03	-0.15	0.7	0.13	-0.49	-0.5	-0.27	0.18	-0.15	-0.13	0.01	-0.07	-0.37	-0.44		0.14	-0.54	-0.37	-0.35	-0.45	-0.09	0.27	-0.8	-0.45	0.17
Deferred Long Term Liab	-0.34	-0.61	0.42	-0.11	0.02	0.41	-0.47	-0.52	-0.68	-0.29	-0.49	-0.3	0.23	0.09	-0.58	-0.47	0.14		-0.68	-0.65	-0.67	-0.63	-0.6	-0.2	-0.3	-0.57	-0.16
Net Tangible Assets	0.65	0.82	0.04	0.38	-0.4	-0.52	0.78	0.79	0.73	0.09	0.31	0.14	0.04	0.18	0.67	0.73	-0.54	-0.68		0.76	0.92	0.77	0.49	-0.15	0.57	0.65	0.12
Long Term Debt Total	0.65	0.53	0.13	0.51	-0.26	-0.81	0.73	0.66	0.89	0.18	0.34	0.04	0.05	0.34	0.9	0.85	-0.37	-0.65	0.76		0.88	0.93	0.7	0.3	0.54	0.93	0.36
Capital Surpluse	0.71	0.71	0.11	0.49	-0.23	-0.67	0.84	0.77	0.82	0.18	0.31	0.08	0.08	0.28	0.74	0.85	-0.35	-0.67	0.92	0.88		0.82	0.63	0.06	0.47	0.72	0.24
Long Term Investments	0.62	0.48	0.18	0.5	-0.32	-0.78	0.66	0.62	0.78	0.1	0.29	-0.01	0.06	0.35	0.92	0.78	-0.45	-0.63	0.77	0.93	0.82		0.54	0.09	0.58	0.93	0.25
Short Long Term Debt	0.54	0.29	0.06	0.49	0.1	-0.56	0.4	0.3	0.8	0.68	0.17	-0.06	0.08	0.33	0.6	0.41	-0.09	-0.6	0.49	0.7	0.63	0.54		0.77	0.36	0.66	0.25
Cash And Equivalents	0.14	-0.21	-0.04	0.27	0.31	-0.25	-0.03	-0.11	0.43	0.64	0.03	-0.12	0.02	0.21	0.24	0.02	0.27	-0.2	-0.15	0.3	0.06	0.09	0.77		0.0	0.3	0.17
Net Invested Capital	0.48	0.53	0.06	0.32	-0.67	-0.26	0.54	0.49	0.44	0.17	0.16	0.1	0.07	0.2	0.54	0.47	-0.8	-0.3	0.57	0.54	0.47	0.58	0.36	0.0		0.61	-0.26
Net Working Capital	0.56	0.36	0.23	0.49	-0.25	-0.81	0.51	0.46	0.8	0.16	0.25	-0.06	0.06	0.39	0.91	0.68	-0.45	-0.57	0.65	0.93	0.72	0.93	0.66	0.3	0.61		0.38
Capital Stock	0.0	0.0	0.29	0.0	0.4	-0.6	-0.1	-0.16	0.31	-0.03	0.09	-0.1	0.01	0.11	0.29	0.17	0.17	-0.16	0.12	0.36	0.24	0.25	0.25	0.17	-0.26	0.38

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Armstrong World

In accordance with the company's disclosures, Armstrong World Industries has a Z Score of 0.0. This is 100.0% lower than that of the Building Products sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Armstrong World Institutional Holders

Institutional Holdings refers to the ownership stake in Armstrong World that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Armstrong World's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Armstrong World's value.

		Shares
Dimensional Fund Advisors, Inc.	2025-03-31	901.6 K
Yacktman Asset Management Co	2025-03-31	870.3 K
Timucuan Asset Management Inc/fl	2025-03-31	859.3 K
Amvescap Plc.	2025-03-31	680.6 K
Bank Of America Corp	2025-03-31	677.3 K
Van Berkom And Associates Inc	2025-03-31	608.6 K
Alyeska Investment Group, L.p.	2025-03-31	583 K
Gates Capital Management Inc	2025-03-31	559.6 K
Madison Investment Advisors, Llc	2024-12-31	532.4 K
Blackrock Inc	2025-03-31	5.3 M
Vanguard Group Inc	2025-03-31	4.6 M

Armstrong Fundamentals

	Return On Equity	0.39
	Return On Asset	0.1
	Profit Margin	0.18 %
	Operating Margin	0.19 %
	Current Valuation	7.64 B
	Shares Outstanding	43.43 M
	Shares Owned By Insiders	1.21 %
	Shares Owned By Institutions	98.79 %
	Number Of Shares Shorted	804.81 K
	Price To Earning	22.26 X
	Price To Book	8.98 X
	Price To Sales	4.82 X
	Revenue	1.45 B
	Gross Profit	607.5 M
	EBITDA	495.6 M
	Net Income	264.9 M
	Cash And Equivalents	106 M
	Cash Per Share	1.90 X
	Total Debt	599.9 M
	Debt To Equity	1.38 %
	Current Ratio	1.66 X
	Book Value Per Share	18.27 X
	Cash Flow From Operations	266.8 M
	Short Ratio	3.59 X
	Earnings Per Share	6.25 X
	Price To Earnings To Growth	1.66 X
	Target Price	166.0
	Number Of Employees	3.6 K
	Beta	1.37
	Market Capitalization	7.18 B
	Total Asset	1.84 B
	Retained Earnings	1.56 B
	Working Capital	99.2 M
	Current Asset	880.8 M
	Current Liabilities	436.3 M
	Annual Yield	0.01 %
	Net Asset	1.84 B
	Last Dividend Paid	1.2

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.

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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:

How To Invest In Armstrong

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Is Armstrong Stock a good investment?

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What is Armstrong World's Net Worth?

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Largest Building Products Companies

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Largest Building Products & Equipment Companies

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Check out Armstrong World Piotroski F Score and Armstrong World Valuation analysis.

You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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

0.162

Dividend Share

1.204

Earnings Share

6.25

Revenue Per Share

34.432

Quarterly Revenue Growth

0.173

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.

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Armstrong World Industries Stock Z Score

Armstrong World Industries Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Armstrong Z Score Driver Correlations

Armstrong World ESG Sustainability

Armstrong World Institutional Holders

Armstrong Fundamentals

About Armstrong World Fundamental Analysis

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