Lear Corp Piotroski F Score

LEA
 Stock
  

USD 144.24  4.09  2.92%   

This module uses fundamental data of Lear Corp to approximate its Piotroski F score. Lear Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Lear Corp. 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 Lear Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see Lear Corp Altman Z Score, Lear Corp Correlation, Lear Corp Valuation, as well as analyze Lear Corp Alpha and Beta and Lear Corp Hype Analysis.
  
The current year Debt Current is expected to grow to about 821.1 K, whereas Total Debt is forecasted to decline to about 2.4 B. Lear Corp Interest Coverage is projected to drop slightly based on the last few years of reporting. The past year's Interest Coverage was at 7.36. The current year Calculated Tax Rate is expected to grow to 25.46, whereas Long Term Debt to Equity is forecasted to decline to 0.48.
At this time, it appears that Lear Corp'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
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginIncreaseFocus

Lear Corp Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Lear Corp is to make sure Lear Corp is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Lear Corp'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 Lear Corp's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted77.7 M60.4 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares76.4 M60.1 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets2.892.8165
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations807.4 M670.1 M
Fairly Up
Increasing
Stable
Current Liabilities4.2 B4.8 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities7.4 B8.7 B
Fairly Down
Increasing
Slightly volatile
Gross Margin9.07.2257
Fairly Up
Decreasing
Very volatile
Total Debt2.4 B2.6 B
Significantly Down
Increasing
Slightly volatile
Asset Turnover1.821.451
Significantly Up
Decreasing
Slightly volatile
Current AssetsB6.8 B
Fairly Down
Increasing
Slightly volatile
Total Assets11.3 B13.4 B
Fairly Down
Increasing
Slightly volatile

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

About Lear Corp 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.

Weighted Average Shares

76.37 Million

Lear Corp Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 60.08 Million

Lear Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Lear Corp from analyzing Lear Corp's financial statements. These drivers represent accounts that assess Lear Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Lear Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee7.96 K6.8 K4.59 K9052.33 K2.4 K
Revenue Per Employee124.04 K125.14 K120.72 K97.36 K120.32 K137.19 K
Average Assets11.37 B12.14 B12.66 B12.85 B13.27 B13 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.04 B2.11 B1.56 B938.8 M1.25 B1.21 B
Earnings Before Interest Taxes and Depreciation Amortization USD2.02 B2.03 B1.5 B891.9 M1.18 B1.4 B
Earnings before Tax1.51 B1.46 B899.7 M252.4 M511.6 M778.99 M
Average Equity3.74 B4.3 B4.26 B4.12 B4.66 B4.48 B
Enterprise Value12.65 B8.65 B9.33 B10.62 B12.11 B11.39 B
Free Cash Flow1.19 B1.1 B680.4 M210.8 M85 M87.24 M
Invested Capital6.15 B6.17 B7.24 B7.47 B8.21 B7.5 B
Invested Capital Average5.91 B6.45 B7.15 B7.29 B7.75 B7.19 B
Market Capitalization11.94 B7.88 B8.3 B9.55 B10.91 B10.48 B
Tangible Asset Value10.54 B10.2 B11.07 B11.54 B11.69 B11.52 B
Working Capital1.76 B1.78 B1.74 B1.7 B2.01 B1.99 B

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

About Lear Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Lear Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Lear Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Lear Corp 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.
Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan. Lear Corp operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 160100 people.

Lear Corp Investors Sentiment

The influence of Lear Corp'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 Lear Corp. 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 markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Lear Corp's public news can be used to forecast risks associated with investment in Lear Corp. The trend in average sentiment can be used to explain how an investor holding Lear Corp can time the market purely based on public headlines and social activities around Lear Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Lear Corp'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 Lear Corp'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 Lear Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Lear Corp.
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 Lear Corp 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, Lear Corp's short interest history, or implied volatility extrapolated from Lear Corp options trading.

Becoming a Better Investor with Macroaxis

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Additionally, see Lear Corp Altman Z Score, Lear Corp Correlation, Lear Corp Valuation, as well as analyze Lear Corp Alpha and Beta and Lear Corp Hype Analysis. Note that the Lear Corp information on this page should be used as a complementary analysis to other Lear Corp'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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Lear Corp price analysis, check to measure Lear Corp'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 Lear Corp is operating at the current time. Most of Lear Corp's value examination focuses on studying past and present price action to predict the probability of Lear Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Lear Corp's price. Additionally, you may evaluate how the addition of Lear Corp to your portfolios can decrease your overall portfolio volatility.
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Is Lear Corp'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 Lear Corp. If investors know Lear Corp 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 Lear Corp 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 YOY
(0.61) 
Market Capitalization
8.3 B
Quarterly Revenue Growth YOY
0.23
Return On Assets
0.0352
Return On Equity
0.0699
The market value of Lear Corp is measured differently than its book value, which is the value of Lear Corp that is recorded on the company's balance sheet. Investors also form their own opinion of Lear Corp's value that differs from its market value or its book value, called intrinsic value, which is Lear Corp'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 Lear Corp's market value can be influenced by many factors that don't directly affect Lear Corp'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 Lear Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Lear Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lear Corp'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.