Autoliv Stock Piotroski F Score

ALV Stock  USD 122.10  1.04  0.86%   
This module uses fundamental data of Autoliv to approximate its Piotroski F score. Autoliv F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Autoliv. 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 Autoliv financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Autoliv Altman Z Score, Autoliv Correlation, Autoliv Valuation, as well as analyze Autoliv Alpha and Beta and Autoliv Hype Analysis.
For more information on how to buy Autoliv Stock please use our How to Invest in Autoliv guide.
  
Long Term Debt Total is likely to climb to about 1.4 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 1.5 B in 2024. At this time, Autoliv's Cash Ratio is fairly stable compared to the past year. Cash Conversion Cycle is likely to climb to 55.55 in 2024, whereas Price Earnings Ratio is likely to drop 18.48 in 2024.
At this time, it appears that Autoliv's Piotroski F Score is Strong. 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..
7.0
Piotroski F Score - Strong
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Lower Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Autoliv Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Autoliv is to make sure Autoliv is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Autoliv'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 Autoliv's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.921.2572
Way Down
Pretty Stable
Gross Profit Margin0.220.1702
Significantly Up
Slightly volatile
Total Current Liabilities2.2 BB
Way Down
Slightly volatile
Non Current Liabilities Total1.4 B1.7 B
Significantly Down
Slightly volatile
Total Assets6.6 B8.3 B
Significantly Down
Slightly volatile
Total Current AssetsBB
Way Down
Slightly volatile
Total Cash From Operating Activities705.7 M982 M
Way Down
Slightly volatile

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

About Autoliv 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

72.79 Million

At this time, Autoliv's Common Stock Shares Outstanding is fairly stable compared to the past year.

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

About Autoliv Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Autoliv's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Autoliv using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Autoliv 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.
Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies passive safety systems to the automotive industry in Europe, the Americas, China, Japan, and rest of Asia. Autoliv, Inc. was founded in 1953 and is headquartered in Stockholm, Sweden. Autoliv operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 60681 people.

Pair Trading with Autoliv

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 Autoliv 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 Autoliv will appreciate offsetting losses from the drop in the long position's value.

Moving together with Autoliv Stock

  0.87HD Home Depot Financial Report 21st of May 2024 PairCorr
  0.85AAP Advance Auto Parts Financial Report 29th of May 2024 PairCorr
  0.78POOL Pool Financial Report 18th of April 2024 PairCorr

Moving against Autoliv Stock

  0.76PTAIF PT Astra InternationalPairCorr
  0.51TLK Telkom Indonesia Tbk Financial Report 26th of April 2024 PairCorr
  0.5CSCO Cisco Systems Fiscal Quarter End 30th of April 2024 PairCorr
  0.5MCD McDonalds Fiscal Quarter End 31st of March 2024 PairCorr
The ability to find closely correlated positions to Autoliv could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Autoliv 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 Autoliv - 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 Autoliv to buy it.
The correlation of Autoliv 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 Autoliv moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Autoliv 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 Autoliv 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 Autoliv is a strong investment it is important to analyze Autoliv'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 Autoliv's future performance. For an informed investment choice regarding Autoliv Stock, refer to the following important reports:
Check out Autoliv Altman Z Score, Autoliv Correlation, Autoliv Valuation, as well as analyze Autoliv Alpha and Beta and Autoliv Hype Analysis.
For more information on how to buy Autoliv Stock please use our How to Invest in Autoliv guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for Autoliv Stock analysis

When running Autoliv's price analysis, check to measure Autoliv's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Autoliv is operating at the current time. Most of Autoliv's value examination focuses on studying past and present price action to predict the probability of Autoliv's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Autoliv's price. Additionally, you may evaluate how the addition of Autoliv to your portfolios can decrease your overall portfolio volatility.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Bonds Directory
Find actively traded corporate debentures issued by US companies
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Is Autoliv's industry 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 Autoliv. If investors know Autoliv 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 Autoliv 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
0.511
Dividend Share
2.66
Earnings Share
5.71
Revenue Per Share
123.235
Quarterly Revenue Growth
0.178
The market value of Autoliv is measured differently than its book value, which is the value of Autoliv that is recorded on the company's balance sheet. Investors also form their own opinion of Autoliv's value that differs from its market value or its book value, called intrinsic value, which is Autoliv'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 Autoliv's market value can be influenced by many factors that don't directly affect Autoliv'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 Autoliv's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autoliv is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autoliv'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.