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AFI

Armstrong Flooring NYSE:AFI Stock Report

Last Price

US$0.43

Market Cap

US$6.4m

7D

-12.2%

1Y

-93.1%

Updated

18 May, 2022

Data

Company Financials
AFI fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

AFI Stock Overview

Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim.

Armstrong Flooring Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Armstrong Flooring
Historical stock prices
Current Share PriceUS$0.43
52 Week HighUS$6.62
52 Week LowUS$0.13
Beta2.18
1 Month Change-73.29%
3 Month Change-69.07%
1 Year Change-93.05%
3 Year Change-96.27%
5 Year Change-97.75%
Change since IPO-96.42%

Recent News & Updates

Shareholder Returns

AFIUS BuildingUS Market
7D-12.2%4.0%2.7%
1Y-93.1%-15.7%-8.1%

Return vs Industry: AFI underperformed the US Building industry which returned -15.7% over the past year.

Return vs Market: AFI underperformed the US Market which returned -8.1% over the past year.

Price Volatility

Is AFI's price volatile compared to industry and market?
AFI volatility
AFI Average Weekly Movement75.6%
Building Industry Average Movement6.5%
Market Average Movement7.8%
10% most volatile stocks in US Market16.9%
10% least volatile stocks in US Market2.9%

Stable Share Price: AFI is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 76% a week.

Volatility Over Time: AFI's weekly volatility has increased from 38% to 76% over the past year.

About the Company

FoundedEmployeesCEOWebsite
18601,568Michel Vermettehttps://www.armstrongflooring.com

Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It offers resilient flooring products. The company’s products are used in the construction and renovation of commercial, residential, and institutional buildings.

Armstrong Flooring Fundamentals Summary

How do Armstrong Flooring's earnings and revenue compare to its market cap?
AFI fundamental statistics
Market CapUS$6.42m
Earnings (TTM)-US$53.00m
Revenue (TTM)US$649.90m

0.0x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AFI income statement (TTM)
RevenueUS$649.90m
Cost of RevenueUS$571.30m
Gross ProfitUS$78.60m
Other ExpensesUS$131.60m
Earnings-US$53.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.43
Gross Margin12.09%
Net Profit Margin-8.16%
Debt/Equity Ratio55.5%

How did AFI perform over the long term?

See historical performance and comparison

Valuation

Is Armstrong Flooring undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


0.047x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate AFI's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate AFI's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: AFI is unprofitable, so we can't compare its PE Ratio to the US Building industry average.

PE vs Market: AFI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AFI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AFI is good value based on its PB Ratio (0x) compared to the US Building industry average (2.3x).


Future Growth

How is Armstrong Flooring forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.2%

Forecasted Capital Goods industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Armstrong Flooring has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Armstrong Flooring performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-32.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AFI is currently unprofitable.

Growing Profit Margin: AFI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AFI is unprofitable, and losses have increased over the past 5 years at a rate of 32.4% per year.

Accelerating Growth: Unable to compare AFI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: AFI is unprofitable, making it difficult to compare its past year earnings growth to the Building industry (27.2%).


Return on Equity

High ROE: AFI has a negative Return on Equity (-26.61%), as it is currently unprofitable.


Financial Health

How is Armstrong Flooring's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: AFI's short term assets ($224.6M) do not cover its short term liabilities ($242.6M).

Long Term Liabilities: AFI's short term assets ($224.6M) exceed its long term liabilities ($75.2M).


Debt to Equity History and Analysis

Debt Level: AFI's net debt to equity ratio (50.6%) is considered high.

Reducing Debt: AFI's debt to equity ratio has increased from 3.3% to 55.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AFI has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: AFI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 41.2% each year


Dividend

What is Armstrong Flooring current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate AFI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate AFI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AFI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AFI's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as AFI has not reported any payouts.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Michel Vermette (53 yo)

2.67yrs

Tenure

US$2,157,530

Compensation

Mr. Michel S. Vermette has been the President, Chief Executive Officer and Director of Armstrong Flooring, Inc. since September 11, 2019. He served as President, Residential Carpet at Mohawk Industries sin...


CEO Compensation Analysis

Compensation vs Market: Michel's total compensation ($USD2.16M) is above average for companies of similar size in the US market ($USD771.97K).

Compensation vs Earnings: Michel's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: AFI's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: AFI's board of directors are considered experienced (6.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Armstrong Flooring, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Armstrong Flooring, Inc.
  • Ticker: AFI
  • Exchange: NYSE
  • Founded: 1860
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: US$6.416m
  • Shares outstanding: 21.78m
  • Website: https://www.armstrongflooring.com

Number of Employees


Location

  • Armstrong Flooring, Inc.
  • 1770 Hempstead Road
  • Lancaster
  • Pennsylvania
  • 17605
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.