Acco Brands Corporation — Earnings Quality Grade F
ACCO · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 86 days, change +10 days YoY
AR growth 3.1% vs revenue growth -8.5%
Revenue -8.5%, CFFO -53.6%. Cash follows revenue
Expense Quality
Inventory 6.9% vs COGS -7.8%. Normal
CapEx growth 12.6% vs revenue -8.5%. Normal
SG&A/Gross Profit = 69.3%. Normal
Gross margin 32.8%, change -0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.66. Profits backed by cash
FCF $0.1B, FCF/NI = 1.23
Accruals ratio = -1.2%. Low accruals
Cash $0.1B covers only 7% of debt $0.9B
Balance Sheet Health
Goodwill+Intangibles $1.2B = 177% of equity. Over 50%
Debt/EBITDA = 5.5x (>4x). Financial stress
Other assets -46.5% vs revenue -8.5%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 2% YoY. Normal
Manipulation Score
M-Score = -2.49 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25