Spectrum Piotroski F Score

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SPB -- USA Stock  

Report: 31st of July 2020  

This module uses fundamental data of Spectrum Brands to approximate its Piotroski F score. Spectrum Brands F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Spectrum Brands Holdings. 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 Spectrum Brands financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, take a look at Spectrum Brands Altman Z Score, Spectrum Brands Correlation, Spectrum Brands Valuation as well as analyze Spectrum Brands Alpha and Beta and Spectrum Brands Hype Analysis.

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Spectrum Brands Debt Current is projected to increase significantly based on the last few years of reporting. The past year's Debt Current was at 147.6 Million. The current year Long Term Debt to Equity is expected to grow to 1.91, whereas Total Debt is forecasted to decline to about 2.8 B. Spectrum Brands Long Term Debt to Equity is projected to slightly decrease based on the last few years of reporting. The past year's Long Term Debt to Equity was at 1.86. The current year Calculated Tax Rate is expected to grow to 16.27, whereas Interest Coverage is forecasted to decline to 1.97.
7
Piotroski F Score -- Strong
1
Current Return On Assets
Positive
2
Change in Return on Assets
Increased
3
Cash Flow Return on Assets
Positive
4
Current Quality of Earnings (accrual)
Decreasing
5
Asset Turnover Growth
Increase
6
Current Ratio Change
Increase
7
Long Term Debt Over Assets Change
Lower Leverage
8
Change In Outstending Shares
Decrease
9
Change in Gross Margin
No Change

Spectrum Brands Piotroski F Score Drivers

Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares49.7 M52.7 M
Notably Down
Increasing
Slightly volatile
Weighted Average Shares Diluted50.1 M53.1 M
Notably Down
Increasing
Slightly volatile
Net Cash Flow from Operations646.1 M598.9 M
Significantly Up
Increasing
Slightly volatile
Total Assets5.8 B6.7 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities4.4 BB
Fairly Down
Increasing
Slightly volatile
Current Assets1.4 B1.4 B
Significantly Down
Increasing
Slightly volatile
Current Liabilities895.2 MB
Moderately Down
Increasing
Slightly volatile
Total Debt2.8 B3.3 B
Fairly Down
Increasing
Slightly volatile
Return on Average Assets3.963.67
Significantly Up
Increasing
Slightly volatile
Gross Margin32.833.7
Fairly Down
Decreasing
Very volatile
Asset Turnover0.870.79
Significantly Up
Decreasing
Stable

Spectrum Brands Hold F Score Driver Matrix

Current Sentiment - SPB

Spectrum Brands Hold Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Spectrum Brands Holdings. What is your outlook on investing in Spectrum Brands Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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About Spectrum 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.

  Weighted Average Shares

Spectrum BrandsCurrent Valuation Drivers

2012201320142015201620192020 (projected)
Revenue Per Employee302.64 K330.53 K302.61 K320.12 K298.06 K342.77 K402.53 K
Interest Coverage0.932.381.742.622.662.391.97
PPandE Turnover13.0410.5310.029.588.069.2711.73
Receivables Turnover8.888.348.518.949.048.147.83
Inventory Turnover4.974.554.34.14.134.755.03
Operating Margin8.610.8810.1113.0211.2110.099.35
Return on Investment10.3711.839.9111.9810.129.19.05
Cash Flow Per Share4.918.217.4810.3511.5510.48.26
Revenue to Assets0.730.80.640.710.670.780.85
Quick Ratio0.780.770.80.740.660.750.85
Current Ratio1.561.571.681.491.441.661.82
Debt to Equity Ratio3.592.872.542.012.091.881.94
EBITDA Margin11.9314.313.5416.4813.1611.8511.62

About Spectrum Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Spectrum Brands Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Spectrum Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Spectrum Brands Holdings 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.
 2015 2016 2019 2020 (projected)
Receivables538.2 M569.5 M512.55 M476.64 M
Inventories740.6 M775.5 M697.95 M629.02 M


 
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