American Axle Manufacturing Stock Piotroski F Score

AXL Stock  USD 6.82  0.30  4.60%   
This module uses fundamental data of American Axle to approximate its Piotroski F score. American Axle F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of American Axle Manufacturing. 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 American Axle financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out American Axle Altman Z Score, American Axle Correlation, American Axle Valuation, as well as analyze American Axle Alpha and Beta and American Axle Hype Analysis.
  
Short and Long Term Debt is expected to rise to about 33.1 M this year, although the value of Short and Long Term Debt Total will most likely fall to about 1.8 B. At this time, American Axle's Stock Based Compensation To Revenue is quite stable compared to the past year. PB Ratio is expected to rise to 2.90 this year, although the value of Capex To Depreciation will most likely fall to 0.38.
At this time, it appears that American Axle'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

Negative

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Decrease

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

No Change

Focus

American Axle Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to American Axle is to make sure American is not a subject of accounting manipulations and runs a healthy internal audit department. So, if American Axle'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 American Axle's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.31.135
Fairly Up
Slightly volatile
Gross Profit Margin0.0880.1027
Fairly Down
Slightly volatile
Net Debt1.6 B2.5 B
Way Down
Slightly volatile
Total Current Liabilities782.9 M1.2 B
Way Down
Slightly volatile
Non Current Liabilities Total2.6 B3.5 B
Way Down
Slightly volatile
Total Assets3.9 B5.4 B
Way Down
Slightly volatile
Total Current Assets1.2 BB
Way Down
Slightly volatile

American Axle Manufa 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 American Axle's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards American Axle in a much-optimized way.

About American Axle 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.

Common Stock Shares Outstanding

81.39 Million

At this time, American Axle's Common Stock Shares Outstanding is quite stable compared to the past year.

American Axle 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, American Axle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to American Axle's managers, analysts, and investors.
Environmental
Governance
Social

About American Axle Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Axle Manufacturing's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Axle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Axle Manufacturing 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 American Axle Manufa is a strong investment it is important to analyze American Axle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Axle's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:
Is Automotive Parts & Equipment 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 American Axle. If investors know American 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 American Axle 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
1.204
Earnings Share
0.23
Revenue Per Share
52.894
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0307
The market value of American Axle Manufa is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Axle's value that differs from its market value or its book value, called intrinsic value, which is American Axle'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 American Axle's market value can be influenced by many factors that don't directly affect American Axle'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 American Axle's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Axle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Axle'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.