Under Armour A Stock Piotroski F Score

UAA Stock  USD 9.24  0.12  1.32%   
This module uses fundamental data of Under Armour to approximate its Piotroski F score. Under Armour F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Under Armour A. 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 Under Armour financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Under Armour Altman Z Score, Under Armour Correlation, Under Armour Valuation, as well as analyze Under Armour Alpha and Beta and Under Armour Hype Analysis.
  
At present, Under Armour's Net Debt is projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 1.5 B, whereas Long Term Debt is forecasted to decline to about 405.1 M. At present, Under Armour's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's PTB Ratio is expected to grow to 4.61, whereas Dividend Yield is forecasted to decline to 0.0003.
At this time, it appears that Under Armour'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

Decrease

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

Increase

Focus

Under Armour Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Under Armour is to make sure Under is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Under Armour'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 Under Armour's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.141.1977
Notably Down
Slightly volatile
Gross Profit Margin0.50.4613
Significantly Up
Very volatile
Total Current Liabilities648.2 M1.2 B
Way Down
Slightly volatile
Non Current Liabilities Total1.5 B1.4 B
Sufficiently Up
Slightly volatile
Total AssetsB4.8 B
Sufficiently Up
Slightly volatile
Total Current Assets1.4 B2.9 B
Way Down
Slightly volatile

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

About Under Armour 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

428.29 Million

At present, Under Armour's Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.

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

About Under Armour Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Under Armour A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Under Armour using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Under Armour A 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 Under Armour A offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Under Armour'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 Under Armour A Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Under Armour A Stock:
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 Under Armour. If investors know Under 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 Under Armour 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
0.686
Earnings Share
(0.04)
Revenue Per Share
12.41
Quarterly Revenue Growth
(0.11)
Return On Assets
0.0284
The market value of Under Armour A is measured differently than its book value, which is the value of Under that is recorded on the company's balance sheet. Investors also form their own opinion of Under Armour's value that differs from its market value or its book value, called intrinsic value, which is Under Armour'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 Under Armour's market value can be influenced by many factors that don't directly affect Under Armour'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 Under Armour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Under Armour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Under Armour'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.