Leggett Platt Incorporated Stock Net Asset
LEG Stock | USD 18.29 0.30 1.67% |
Leggett Platt Incorporated fundamentals help investors to digest information that contributes to Leggett Platt's financial success or failures. It also enables traders to predict the movement of Leggett Stock. The fundamental analysis module provides a way to measure Leggett Platt'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 Leggett Platt stock.
Leggett | Net Asset |
Leggett Platt Incorporated Company Net Asset Analysis
Leggett Platt's Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Leggett Platt Net Asset | 4.63 B |
Most of Leggett Platt's fundamental indicators, such as Net Asset, 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, Leggett Platt Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Leggett Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Leggett Platt is extremely important. It helps to project a fair market value of Leggett Stock properly, considering its historical fundamentals such as Net Asset. Since Leggett Platt'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 Leggett Platt'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 Leggett Platt's interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Leggett Total Assets
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Based on the recorded statements, Leggett Platt Incorporated has a Net Asset of 4.63 B. This is much higher than that of the Household Durables sector and significantly higher than that of the Consumer Discretionary industry. The net asset for all United States stocks is notably lower than that of the firm.
Leggett Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Leggett Platt's direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Leggett Platt could also be used in its relative valuation, which is a method of valuing Leggett Platt by comparing valuation metrics of similar companies.Leggett Platt is currently under evaluation in net asset category among related companies.
Leggett Platt 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, Leggett Platt's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Leggett Platt's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Leggett Platt Institutional Holders
Institutional Holdings refers to the ownership stake in Leggett Platt that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Leggett Platt's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Leggett Platt's value.Shares | Citadel Advisors Llc | 2023-09-30 | 1.2 M | Qube Research & Technologies | 2023-12-31 | 1.1 M | Goldman Sachs Group Inc | 2023-12-31 | 1.1 M | Millennium Management Llc | 2023-12-31 | 1.1 M | Norges Bank | 2023-12-31 | 1 M | Adage Capital Partners Gp Llc | 2023-12-31 | 1000 K | Northern Trust Corp | 2023-12-31 | 957.5 K | Speece Thorson Capital Group Inc | 2024-03-31 | 805 K | Berkshire Asset Management Inc | 2023-12-31 | 788.8 K | Blackrock Inc | 2023-12-31 | 18 M | Vanguard Group Inc | 2023-12-31 | 13 M |
Leggett Fundamentals
Return On Equity | -0.092 | ||||
Return On Asset | 0.0417 | ||||
Profit Margin | (0.03) % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 4.24 B | ||||
Shares Outstanding | 133.81 M | ||||
Shares Owned By Insiders | 1.86 % | ||||
Shares Owned By Institutions | 67.12 % | ||||
Number Of Shares Shorted | 8.71 M | ||||
Price To Earning | 13.50 X | ||||
Price To Book | 1.77 X | ||||
Price To Sales | 0.50 X | ||||
Revenue | 4.73 B | ||||
Gross Profit | 976.8 M | ||||
EBITDA | 498.5 M | ||||
Net Income | (136.8 M) | ||||
Cash And Equivalents | 316.5 M | ||||
Cash Per Share | 1.71 X | ||||
Total Debt | 2.2 B | ||||
Debt To Equity | 1.50 % | ||||
Current Ratio | 2.07 X | ||||
Book Value Per Share | 9.99 X | ||||
Cash Flow From Operations | 497.2 M | ||||
Short Ratio | 4.50 X | ||||
Earnings Per Share | (1.00) X | ||||
Price To Earnings To Growth | (4.11) X | ||||
Target Price | 17.33 | ||||
Number Of Employees | 19.3 K | ||||
Beta | 1.21 | ||||
Market Capitalization | 2.41 B | ||||
Total Asset | 4.63 B | ||||
Retained Earnings | 2.66 B | ||||
Working Capital | 618.8 M | ||||
Current Asset | 1.31 B | ||||
Current Liabilities | 701.2 M | ||||
Annual Yield | 0.10 % | ||||
Five Year Return | 3.85 % | ||||
Net Asset | 4.63 B | ||||
Last Dividend Paid | 1.82 |
About Leggett Platt Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Leggett Platt Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Leggett Platt using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Leggett Platt Incorporated 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.
Leggett Platt Investors Sentiment
The influence of Leggett Platt'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 Leggett. 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 Leggett Platt's public news can be used to forecast risks associated with an investment in Leggett. The trend in average sentiment can be used to explain how an investor holding Leggett can time the market purely based on public headlines and social activities around Leggett Platt Incorporated. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Leggett Platt'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 Leggett Platt'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 Leggett Platt's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Leggett Platt.
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 Leggett Platt 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, Leggett Platt's short interest history, or implied volatility extrapolated from Leggett Platt options trading.
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Try AI Portfolio ArchitectCheck out Leggett Platt Piotroski F Score and Leggett Platt Altman Z Score analysis. Note that the Leggett Platt rporated information on this page should be used as a complementary analysis to other Leggett Platt's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
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Is Leggett Platt'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 Leggett Platt. If investors know Leggett 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 Leggett Platt 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 (0.26) | Dividend Share 1.82 | Earnings Share (1.00) | Revenue Per Share 34.668 | Quarterly Revenue Growth (0.07) |
The market value of Leggett Platt rporated is measured differently than its book value, which is the value of Leggett that is recorded on the company's balance sheet. Investors also form their own opinion of Leggett Platt's value that differs from its market value or its book value, called intrinsic value, which is Leggett Platt'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 Leggett Platt's market value can be influenced by many factors that don't directly affect Leggett Platt'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 Leggett Platt's value and its price as these two are different measures arrived at by different means. Investors typically determine if Leggett Platt is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Leggett Platt'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.