La-Z-Boy Piotroski F Score

LZB
 Stock
  

USD 24.77  0.17  0.68%   

This module uses fundamental data of La-Z-Boy Incorporated to approximate its Piotroski F score. La-Z-Boy Incorporated F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of La-Z-Boy Incorporated. 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 La-Z-Boy Incorporated financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Additionally, see La-Z-Boy Incorporated Altman Z Score, La-Z-Boy Incorporated Correlation, La-Z-Boy Incorporated Valuation, as well as analyze La-Z-Boy Incorporated Alpha and Beta and La-Z-Boy Incorporated Hype Analysis.
  
La-Z-Boy Incorporated Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 430.11 Million. The current year Debt Current is expected to grow to about 81.2 M, whereas Issuance Repayment of Debt Securities is forecasted to decline to (130.6 K). La-Z-Boy Incorporated Interest Coverage is projected to decrease significantly based on the last few years of reporting. The past year's Interest Coverage was at 18.48. The current year Long Term Debt to Equity is expected to grow to 0.001107, whereas Calculated Tax Rate is forecasted to decline to 24.84.
At this time, it appears that La-Z-Boy Incorporated's Piotroski F Score is Poor. 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..
4.0
Piotroski F Score - Poor
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
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 ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

La-Z-Boy Incorporated Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to La-Z-Boy Incorporated is to make sure La-Z-Boy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted52.2 M44.3 M
Fairly Up
Decreasing
Very volatile
Weighted Average Shares51.8 M44 M
Fairly Up
Decreasing
Very volatile
Return on Average Assets7.68.0689
Notably Down
Increasing
Slightly volatile
Net Cash Flow from Operations91 M79 M
Fairly Up
Decreasing
Stable
Current Liabilities729 M675.7 M
Significantly Up
Increasing
Slightly volatile
Total Liabilities1.2 B1.1 B
Significantly Up
Increasing
Slightly volatile
Gross Margin35.8638.8648
Significantly Down
Increasing
Very volatile
Total Debt464.1 M430.1 M
Significantly Up
Increasing
Slightly volatile
Asset Turnover1.661.2471
Significantly Up
Decreasing
Very volatile
Current AssetsB951.8 M
Significantly Up
Increasing
Slightly volatile
Total Assets2.1 B1.9 B
Significantly Up
Increasing
Slightly volatile

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

About La-Z-Boy Incorporated 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

51.75 Million

La-Z-Boy Incorporated 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 44.02 Million

About La-Z-Boy Incorporated Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze La-Z-Boy Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of La-Z-Boy Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of La-Z-Boy 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.
La-Z-Boy Incorporated manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products in the United States, Canada, and internationally. La-Z-Boy Incorporated was founded in 1927 and is based in Monroe, Michigan. La Z operates under Furnishings, Fixtures Appliances classification in the United States and is traded on New York Stock Exchange. It employs 12800 people.

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Additionally, see La-Z-Boy Incorporated Altman Z Score, La-Z-Boy Incorporated Correlation, La-Z-Boy Incorporated Valuation, as well as analyze La-Z-Boy Incorporated Alpha and Beta and La-Z-Boy Incorporated Hype Analysis. Note that the La-Z-Boy Incorporated information on this page should be used as a complementary analysis to other La-Z-Boy Incorporated'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 Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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When running La-Z-Boy Incorporated price analysis, check to measure La-Z-Boy Incorporated'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 La-Z-Boy Incorporated is operating at the current time. Most of La-Z-Boy Incorporated's value examination focuses on studying past and present price action to predict the probability of La-Z-Boy Incorporated's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move La-Z-Boy Incorporated's price. Additionally, you may evaluate how the addition of La-Z-Boy Incorporated to your portfolios can decrease your overall portfolio volatility.
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Is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated. If investors know La-Z-Boy 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 La-Z-Boy Incorporated 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
0.65
Market Capitalization
1.1 B
Quarterly Revenue Growth YOY
0.15
Return On Assets
0.0757
Return On Equity
20.61
The market value of La-Z-Boy Incorporated is measured differently than its book value, which is the value of La-Z-Boy that is recorded on the company's balance sheet. Investors also form their own opinion of La-Z-Boy Incorporated's value that differs from its market value or its book value, called intrinsic value, which is La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's market value can be influenced by many factors that don't directly affect La-Z-Boy Incorporated'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 La-Z-Boy Incorporated's value and its price as these two are different measures arrived at by different means. Investors typically determine La-Z-Boy Incorporated value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La-Z-Boy Incorporated'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.