Armstrong World Industries Stock Book Value Per Share

AWI Stock  USD 114.88  3.97  3.34%   
Armstrong World Industries fundamentals help investors to digest information that contributes to Armstrong World's financial success or failures. It also enables traders to predict the movement of Armstrong Stock. The fundamental analysis module provides a way to measure Armstrong World's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Armstrong World stock.
Last ReportedProjected for Next Year
Book Value Per Share 13.24  14.03 
Tangible Book Value Per Share 0.09  0.08 
The Armstrong World's current Book Value Per Share is estimated to increase to 14.03, while Tangible Book Value Per Share is projected to decrease to 0.08.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Armstrong World Industries Company Book Value Per Share Analysis

Armstrong World's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Armstrong World Book Value Per Share

    
  13.48 X  
Most of Armstrong World's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Armstrong World Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Armstrong Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Armstrong World is extremely important. It helps to project a fair market value of Armstrong Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Armstrong World's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Armstrong World's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Armstrong World's interrelated accounts and indicators.
0.580.450.88-0.26-0.780.50.460.780.13-0.39-0.540.720.780.760.46-0.34-0.340.650.650.710.570.530.130.520.560.04
0.58-0.240.24-0.33-0.430.750.770.68-0.030.290.20.060.00.540.62-0.48-0.690.860.620.790.560.36-0.180.520.460.08
0.45-0.240.740.02-0.52-0.05-0.290.11-0.01-0.69-0.770.730.820.28-0.06-0.030.450.040.110.090.210.04-0.050.090.210.27
0.880.240.74-0.03-0.870.310.140.70.17-0.57-0.750.830.920.720.28-0.12-0.090.390.560.520.530.510.280.320.540.33
-0.26-0.330.02-0.030.09-0.36-0.57-0.180.09-0.25-0.220.12-0.02-0.38-0.490.70.08-0.44-0.36-0.3-0.350.040.28-0.64-0.380.45
-0.78-0.43-0.52-0.870.09-0.55-0.4-0.82-0.110.210.48-0.57-0.69-0.91-0.520.220.38-0.54-0.81-0.67-0.84-0.53-0.21-0.46-0.79-0.56
0.50.75-0.050.31-0.36-0.550.90.710.190.540.35-0.160.010.650.91-0.44-0.660.880.870.950.80.560.020.560.710.3
0.460.77-0.290.14-0.57-0.40.90.630.050.590.44-0.25-0.10.620.9-0.56-0.690.840.80.840.730.4-0.080.630.66-0.01
0.780.680.110.7-0.18-0.820.710.630.30.07-0.180.310.420.880.62-0.29-0.670.720.880.810.790.780.420.510.790.38
0.13-0.03-0.010.170.09-0.110.190.050.30.140.05-0.080.080.160.030.12-0.330.140.230.230.140.740.660.180.23-0.03
-0.390.29-0.69-0.57-0.250.210.540.590.070.140.95-0.9-0.780.00.52-0.16-0.480.30.330.30.290.150.020.190.250.1
-0.540.2-0.77-0.75-0.220.480.350.44-0.180.050.95-0.94-0.89-0.280.34-0.13-0.320.150.060.10.0-0.04-0.110.09-0.03-0.09
0.720.060.730.830.12-0.57-0.16-0.250.31-0.08-0.9-0.940.920.36-0.160.020.210.050.070.10.080.10.030.060.080.06
0.780.00.820.92-0.02-0.690.01-0.10.420.08-0.78-0.890.920.540.03-0.10.150.160.290.240.290.290.170.270.340.09
0.760.540.280.72-0.38-0.910.650.620.880.160.0-0.280.360.540.63-0.42-0.560.680.90.740.910.570.210.640.910.33
0.460.62-0.060.28-0.49-0.520.910.90.620.030.520.34-0.160.030.63-0.46-0.450.730.850.850.750.39-0.010.550.670.19
-0.34-0.48-0.03-0.120.70.22-0.44-0.56-0.290.12-0.16-0.130.02-0.1-0.42-0.460.16-0.55-0.41-0.38-0.44-0.110.26-0.8-0.520.2
-0.34-0.690.45-0.090.080.38-0.66-0.69-0.67-0.33-0.48-0.320.210.15-0.56-0.450.16-0.68-0.63-0.66-0.6-0.58-0.18-0.39-0.55-0.18
0.650.860.040.39-0.44-0.540.880.840.720.140.30.150.050.160.680.73-0.55-0.680.760.930.750.48-0.160.620.660.13
0.650.620.110.56-0.36-0.810.870.80.880.230.330.060.070.290.90.85-0.41-0.630.760.870.930.680.280.670.930.4
0.710.790.090.52-0.3-0.670.950.840.810.230.30.10.10.240.740.85-0.38-0.660.930.870.810.610.040.550.710.27
0.570.560.210.53-0.35-0.840.80.730.790.140.290.00.080.290.910.75-0.44-0.60.750.930.810.520.070.620.940.5
0.530.360.040.510.04-0.530.560.40.780.740.15-0.040.10.290.570.39-0.11-0.580.480.680.610.520.760.450.630.27
0.13-0.18-0.050.280.28-0.210.02-0.080.420.660.02-0.110.030.170.21-0.010.26-0.18-0.160.280.040.070.760.050.270.19
0.520.520.090.32-0.64-0.460.560.630.510.180.190.090.060.270.640.55-0.8-0.390.620.670.550.620.450.050.76-0.09
0.560.460.210.54-0.38-0.790.710.660.790.230.25-0.030.080.340.910.67-0.52-0.550.660.930.710.940.630.270.760.41
0.040.080.270.330.45-0.560.3-0.010.38-0.030.1-0.090.060.090.330.190.2-0.180.130.40.270.50.270.19-0.090.41
Click cells to compare fundamentals

Armstrong Book Value Per Share Historical Pattern

Today, most investors in Armstrong World Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Armstrong World's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's book value per share growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Armstrong World book value per share as a starting point in their analysis.
   Armstrong World Book Value Per Share   
       Timeline  
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Armstrong Common Stock Shares Outstanding

Common Stock Shares Outstanding

51.67 Million

As of now, Armstrong World's Common Stock Shares Outstanding is decreasing as compared to previous years.
In accordance with the recently published financial statements, the book value per share of Armstrong World Industries is about 13.48 times. This is 99.97% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The book value per share for all United States stocks is 99.3% higher than that of the company.

Armstrong Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Armstrong World's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Armstrong World could also be used in its relative valuation, which is a method of valuing Armstrong World by comparing valuation metrics of similar companies.
Armstrong World is currently under evaluation in book value per share category among related companies.

Armstrong Fundamentals

About Armstrong World Fundamental Analysis

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

Armstrong World Investors Sentiment

The influence of Armstrong World's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Armstrong. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Armstrong World's public news can be used to forecast risks associated with an investment in Armstrong. The trend in average sentiment can be used to explain how an investor holding Armstrong can time the market purely based on public headlines and social activities around Armstrong World Industries. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Armstrong World's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Armstrong World's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Armstrong World's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Armstrong World.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Armstrong World in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Armstrong World's short interest history, or implied volatility extrapolated from Armstrong World options trading.

Pair Trading with Armstrong World

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

Moving together with Armstrong Stock

  0.81NX Quanex Building Products Financial Report 6th of June 2024 PairCorr
  0.84TT Trane Technologies plc Financial Report 1st of May 2024 PairCorr
  0.82DOOR Masonite International Financial Report 13th of May 2024 PairCorr
The ability to find closely correlated positions to Armstrong World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Armstrong World 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 Armstrong World - 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 Armstrong World Industries to buy it.
The correlation of Armstrong World 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 Armstrong World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Armstrong World Indu 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 Armstrong World 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 Armstrong World Indu offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Armstrong World'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 Armstrong World Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Armstrong World Industries Stock:
Check out Armstrong World Piotroski F Score and Armstrong World Altman Z Score analysis.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

Complementary Tools for Armstrong Stock analysis

When running Armstrong World's price analysis, check to measure Armstrong World'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 Armstrong World is operating at the current time. Most of Armstrong World's value examination focuses on studying past and present price action to predict the probability of Armstrong World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Armstrong World's price. Additionally, you may evaluate how the addition of Armstrong World to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Money Managers
Screen money managers from public funds and ETFs managed around the world
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Bonds Directory
Find actively traded corporate debentures issued by US companies
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
CEOs Directory
Screen CEOs from public companies around the world
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Is Armstrong World'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 Armstrong World. If investors know Armstrong 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 Armstrong World 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
(0.01)
Dividend Share
1.068
Earnings Share
5
Revenue Per Share
28.975
Quarterly Revenue Growth
0.026
The market value of Armstrong World Indu is measured differently than its book value, which is the value of Armstrong that is recorded on the company's balance sheet. Investors also form their own opinion of Armstrong World's value that differs from its market value or its book value, called intrinsic value, which is Armstrong World'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 Armstrong World's market value can be influenced by many factors that don't directly affect Armstrong World'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 Armstrong World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Armstrong World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Armstrong World'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.