Monro Muffler Brake Stock Piotroski F Score

MNRO Stock  USD 27.04  0.31  1.16%   
This module uses fundamental data of Monro Muffler to approximate its Piotroski F score. Monro Muffler F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Monro Muffler Brake. 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 Monro Muffler financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Monro Muffler Altman Z Score, Monro Muffler Correlation, Monro Muffler Valuation, as well as analyze Monro Muffler Alpha and Beta and Monro Muffler Hype Analysis.
  
At this time, Monro Muffler's Debt Ratio is very stable compared to the past year. As of the 25th of November 2024, Cash Flow To Debt Ratio is likely to grow to 0.73, while Long Term Debt Total is likely to drop about 114.7 M. At this time, Monro Muffler's Net Income Per Share is very stable compared to the past year. As of the 25th of November 2024, Days Of Inventory On Hand is likely to grow to 80.34, while Dividend Yield is likely to drop 0.01.
At this time, it appears that Monro Muffler'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

Positive

Focus
Change in Return on Assets

Increased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Decreasing

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Monro Muffler Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Monro Muffler is to make sure Monro is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Monro Muffler'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 Monro Muffler's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.05250.0222
Way Up
Slightly volatile
Asset Turnover0.930.7542
Fairly Up
Slightly volatile
Gross Profit Margin0.390.3541
Significantly Up
Slightly volatile
Net Debt634.7 M604.5 M
Sufficiently Up
Slightly volatile
Total Current Liabilities477.9 M455.2 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total609.9 M580.9 M
Sufficiently Up
Slightly volatile
Total Assets1.8 B1.7 B
Sufficiently Up
Slightly volatile
Total Current Assets143 M253.3 M
Way Down
Slightly volatile
Total Cash From Operating Activities77 M125.2 M
Way Down
Slightly volatile

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

About Monro Muffler 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.

Book Value Per Share

19.18

At this time, Monro Muffler's Book Value Per Share is very stable compared to the past year.

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

About Monro Muffler Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Monro Muffler Brake's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Monro Muffler using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Monro Muffler Brake 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.

Pair Trading with Monro Muffler

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Monro Muffler position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Monro Muffler will appreciate offsetting losses from the drop in the long position's value.

Moving together with Monro Stock

  0.65HD Home DepotPairCorr
  0.69WEYS Weyco GroupPairCorr
  0.66ABG Asbury AutomotivePairCorr

Moving against Monro Stock

  0.35HVT Haverty FurniturePairCorr
  0.31ARHS Arhaus IncPairCorr
The ability to find closely correlated positions to Monro Muffler could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Monro Muffler when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Monro Muffler - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Monro Muffler Brake to buy it.
The correlation of Monro Muffler is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Monro Muffler moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Monro Muffler Brake moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Monro Muffler can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Monro Muffler Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Monro Muffler'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 Monro Muffler Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Monro Muffler Brake Stock:
Is Automotive Retail 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 Monro Muffler. If investors know Monro 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 Monro Muffler 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
(0.56)
Dividend Share
1.12
Earnings Share
0.87
Revenue Per Share
40.538
Quarterly Revenue Growth
(0.06)
The market value of Monro Muffler Brake is measured differently than its book value, which is the value of Monro that is recorded on the company's balance sheet. Investors also form their own opinion of Monro Muffler's value that differs from its market value or its book value, called intrinsic value, which is Monro Muffler'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 Monro Muffler's market value can be influenced by many factors that don't directly affect Monro Muffler'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 Monro Muffler's value and its price as these two are different measures arrived at by different means. Investors typically determine if Monro Muffler is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Monro Muffler'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.