Kontoor Brands Stock Piotroski F Score
| KTB Stock | USD 91.38 3.53 4.02% |
Kontoor | Piotroski F Score |
At this time, it appears that Kontoor Brands' 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..
5.0
Piotroski F Score - Healthy
| Current Return On Assets | Positive |
| Change in Return on Assets | Decreased |
| Cash Flow Return on Assets | Positive |
| Current Quality of Earnings (accrual) | Improving |
| Asset Turnover Growth | Decrease |
| Current Ratio Change | Increase |
| Long Term Debt Over Assets Change | Lower Leverage |
| Change In Outstending Shares | Increase |
| Change in Gross Margin | No Change |
Kontoor Brands Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Kontoor Brands is to make sure Kontoor is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Kontoor Brands' 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 Kontoor Brands' financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Return On Assets | 0.0791 | 0.14 |
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| Asset Turnover | 1.18 | 1.5 |
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| Gross Profit Margin | 0.34 | 0.39 |
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| Net Debt | 641.4 M | 626.6 M |
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| Non Current Liabilities Total | 796.2 M | 880.9 M |
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Kontoor Brands 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 Kontoor Brands' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Kontoor Brands in a much-optimized way.
| 0.73 | 0.51 | 0.23 | 0.22 | 0.19 | ||
| 0.73 | 0.78 | 0.09 | 0.08 | 0.47 | ||
| 0.51 | 0.78 | -0.17 | -0.18 | 0.25 | ||
| 0.23 | 0.09 | -0.17 | 0.99 | 0.32 | ||
| 0.22 | 0.08 | -0.18 | 0.99 | 0.29 | ||
| 0.19 | 0.47 | 0.25 | 0.32 | 0.29 |
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About Kontoor 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.Common Stock Shares Outstanding |
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Kontoor Brands 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, Kontoor Brands' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Kontoor Brands' managers, analysts, and investors.Environmental | Governance | Social |
About Kontoor Brands Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kontoor Brands's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kontoor Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kontoor Brands 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Kontoor Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Kontoor Brands' 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 Kontoor Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Kontoor Brands Stock:Check out Kontoor Brands Altman Z Score, Kontoor Brands Correlation, Kontoor Brands Valuation, as well as analyze Kontoor Brands Alpha and Beta and Kontoor Brands Hype Analysis. For information on how to trade Kontoor Stock refer to our How to Trade Kontoor Stock guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Is Apparel, Accessories & Luxury Goods 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 Kontoor Brands. If investors know Kontoor 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 Kontoor Brands 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 0.2 | Dividend Share 2 | Earnings Share 4.43 | Revenue Per Share 46.26 | Quarterly Revenue Growth 0.024 |
The market value of Kontoor Brands is measured differently than its book value, which is the value of Kontoor that is recorded on the company's balance sheet. Investors also form their own opinion of Kontoor Brands' value that differs from its market value or its book value, called intrinsic value, which is Kontoor Brands' 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 Kontoor Brands' market value can be influenced by many factors that don't directly affect Kontoor Brands' 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 Kontoor Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine if Kontoor Brands is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kontoor Brands' 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.