Armstrong Competitors
| AWI Stock | USD 187.55 0.77 0.41% |
Armstrong World vs Advanced Drainage Correlation
Weak diversification
The correlation between Armstrong World Industries and WMS is 0.33 (i.e., Weak diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Armstrong World Industries and WMS in the same portfolio, assuming nothing else is changed.
Moving against Armstrong Stock
As of now, Armstrong World's Return On Tangible Assets are increasing as compared to previous years. The Armstrong World's current Return On Capital Employed is estimated to increase to 0.16, while Return On Equity is projected to decrease to 0.17. As of now, Armstrong World's Return On Tangible Assets are increasing as compared to previous years. The Armstrong World's current Fixed Asset Turnover is estimated to increase to 2.62, while Other Assets are projected to decrease to under 108.9 M.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Armstrong World's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Armstrong World Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Armstrong World and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Armstrong and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Armstrong World Indu does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Armstrong Stock performing well and Armstrong World Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Armstrong World's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| DY | 1.78 | 0.32 | 0.13 | 0.32 | 2.22 | 3.29 | 14.96 | |||
| SSD | 1.34 | 0.09 | 0.07 | 0.12 | 1.33 | 2.84 | 6.98 | |||
| AAON | 2.39 | (0.15) | 0.00 | (0.03) | 0.00 | 4.40 | 14.22 | |||
| IESC | 3.00 | 0.01 | 0.02 | 0.06 | 4.87 | 5.82 | 28.38 | |||
| TTEK | 1.64 | 0.38 | 0.20 | 2.47 | 1.42 | 4.35 | 21.35 | |||
| PRIM | 2.28 | 0.00 | 0.01 | 0.05 | 3.47 | 5.21 | 14.82 | |||
| VMI | 1.04 | 0.08 | 0.07 | 0.11 | 1.20 | 2.43 | 5.99 | |||
| OC | 1.64 | 0.04 | 0.03 | 0.08 | 2.19 | 4.56 | 11.49 | |||
| PSN | 1.83 | (0.29) | 0.00 | (0.26) | 0.00 | 3.68 | 25.78 | |||
| WMS | 1.37 | 0.16 | 0.12 | 0.20 | 1.17 | 3.31 | 11.59 |
Cross Equities Net Income Analysis
Compare Armstrong World Indu and related stocks such as Dycom Industries, Simpson Manufacturing, and AAON Inc Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DY | 1.9 M | 16.1 M | 39.4 M | 35.2 M | 40 M | 84.3 M | 157.2 M | 157.2 M | 62.9 M | 57.2 M | 34.3 M | 48.6 M | 142.2 M | 218.9 M | 233.4 M | 268.4 M | 281.8 M |
| SSD | 8 M | 50.9 M | 41.9 M | 51 M | 63.5 M | 67.9 M | 89.7 M | 92.6 M | 126.6 M | 134 M | 187 M | 266.4 M | 334 M | 354 M | 322.2 M | 370.6 M | 389.1 M |
| AAON | 1000 K | 14 M | 27.4 M | 37.5 M | 44.2 M | 45.7 M | 53.4 M | 54.5 M | 42.3 M | 53.7 M | 79 M | 58.8 M | 100.4 M | 177.6 M | 168.6 M | 193.8 M | 203.5 M |
| IESC | 3.7 M | (11.8 M) | (3.6 M) | 5.3 M | 16.5 M | 120.8 M | 13.4 M | (14.2 M) | 33.2 M | 41.6 M | 66.7 M | 34.8 M | 108.3 M | 219.1 M | 306 M | 351.9 M | 369.5 M |
| TTEK | 2.3 M | 104.4 M | (2.1 M) | 108.3 M | 39.1 M | 83.8 M | 117.9 M | 136.9 M | 158.7 M | 173.9 M | 232.8 M | 263.1 M | 273.4 M | 333.4 M | 247.7 M | 284.9 M | 299.1 M |
| PRIM | 351.1 K | 58.6 M | 56.8 M | 69.7 M | 63.2 M | 36.9 M | 26.7 M | 72.4 M | 77.5 M | 82.3 M | 105 M | 115.7 M | 133 M | 126.1 M | 180.9 M | 208 M | 218.4 M |
| VMI | (800 K) | 228.3 M | 234.1 M | 278.5 M | 184 M | 40.1 M | 173.2 M | 116.2 M | 94.4 M | 146.4 M | 140.7 M | 195.6 M | 250.9 M | 143.5 M | 348.3 M | 400.5 M | 420.5 M |
| OC | 220 M | 276 M | (19 M) | 204 M | 226 M | 330 M | 393 M | 289 M | 545 M | 405 M | (383 M) | 995 M | 1.2 B | 1.2 B | 647 M | 744 M | 781.3 M |
| PSN | 96.3 M | 96.3 M | 96.3 M | 96.3 M | 96.3 M | 88.3 M | (13.1 M) | 97.3 M | 167.9 M | 120.5 M | 98.5 M | 64.1 M | 96.7 M | 161.1 M | 235.1 M | 270.3 M | 283.8 M |
| WMS | 2.4 M | 43.3 M | 20.7 M | 11.1 M | 8.6 M | 26.3 M | 33 M | 62 M | 77.8 M | (193.2 M) | 224.2 M | 271.3 M | 507.1 M | 509.9 M | 450.2 M | 517.7 M | 543.6 M |
Armstrong World Indu and related stocks such as Dycom Industries, Simpson Manufacturing, and AAON Inc Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Armstrong World Indu financial statement analysis. It represents the amount of money remaining after all of Armstrong World Industries operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Armstrong World Competitive Analysis
The better you understand Armstrong World competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Armstrong World's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Armstrong World's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Armstrong World Competition Performance Charts
Five steps to successful analysis of Armstrong World Competition
Armstrong World's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Armstrong World Indu in relation to its competition. Armstrong World's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Armstrong World in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Armstrong World's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Armstrong World Indu, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Armstrong World Correlation with its peers. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is there potential for Building Products market expansion? Will Armstrong introduce new products? 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. Understanding fair value requires weighing current performance against future potential. 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 0.131 | Dividend Share 1.263 | Earnings Share 7.11 | Revenue Per Share | Quarterly Revenue Growth 0.1 |
Investors evaluate Armstrong World Indu using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Armstrong World's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. External factors like market trends, sector rotation, and investor psychology can cause Armstrong World's market price to deviate significantly from intrinsic value.
Understanding that Armstrong World's value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Armstrong World represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Armstrong World's market price signifies the transaction level at which participants voluntarily complete trades.