Azz Incorporated Stock Z Score

AZZ Stock

USD 95.54 0.13 0.14%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out AZZ Incorporated Piotroski F Score and AZZ Incorporated Valuation analysis.

For more information on how to buy AZZ Stock please use our How to Invest in AZZ Incorporated guide.

At this time, AZZ Incorporated's Capital Surpluse is fairly stable compared to the past year. Net Working Capital is likely to rise to about 206.4 M in 2024, whereas Net Invested Capital is likely to drop slightly above 988.1 M in 2024. At this time, AZZ Incorporated's Income Before Tax is fairly stable compared to the past year. Net Income is likely to rise to about 106.7 M in 2024, whereas Selling General Administrative is likely to drop slightly above 134.8 M in 2024.

AZZ Incorporated Company Z Score Analysis

AZZ Incorporated's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

AZZ Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for AZZ Incorporated is extremely important. It helps to project a fair market value of AZZ Stock properly, considering its historical fundamentals such as Z Score. Since AZZ Incorporated'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 AZZ Incorporated'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 AZZ Incorporated's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Long Term Debt	Good Will	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.94	0.95	0.7	0.84	0.98	0.78	0.04	0.95	0.94	0.95	0.99	0.28	0.6	-0.52	0.52	0.28	0.62	0.1	0.54	-0.44	0.53	0.49	0.15	-0.65
Total Stockholder Equity	0.94		0.8	0.88	0.86	0.85	0.85	-0.07	0.8	0.85	0.79	0.96	0.4	0.57	-0.41	0.53	0.13	0.54	0.15	0.68	-0.61	0.58	0.33	0.15	-0.65
Net Debt	0.95	0.8		0.46	0.74	0.99	0.59	0.08	0.99	0.93	1.0	0.93	0.08	0.54	-0.64	0.47	0.36	0.63	0.06	0.4	-0.27	0.47	0.6	0.11	-0.61
Retained Earnings	0.7	0.88	0.46		0.78	0.54	0.9	0.0	0.47	0.62	0.44	0.73	0.64	0.52	-0.06	0.39	0.01	0.33	0.25	0.66	-0.77	0.46	0.04	0.16	-0.43
Net Receivables	0.84	0.86	0.74	0.78		0.78	0.81	0.15	0.77	0.91	0.73	0.84	0.52	0.63	-0.32	0.28	0.28	0.52	0.02	0.53	-0.62	0.44	0.49	-0.01	-0.41
Total Liab	0.98	0.85	0.99	0.54	0.78		0.68	0.11	0.99	0.94	0.99	0.95	0.19	0.58	-0.56	0.48	0.36	0.63	0.07	0.42	-0.31	0.47	0.57	0.14	-0.61
Total Current Assets	0.78	0.85	0.59	0.9	0.81	0.68		0.13	0.61	0.72	0.59	0.77	0.74	0.7	0.05	0.5	0.27	0.48	0.18	0.45	-0.58	0.32	0.07	0.34	-0.37
Short Term Debt	0.04	-0.07	0.08	0.0	0.15	0.11	0.13		0.15	0.14	0.09	-0.04	0.45	-0.03	0.21	-0.57	-0.07	-0.36	0.35	-0.25	-0.04	-0.01	0.27	-0.4	0.15
Intangible Assets	0.95	0.8	0.99	0.47	0.77	0.99	0.61	0.15		0.95	1.0	0.92	0.14	0.55	-0.61	0.41	0.36	0.6	0.05	0.4	-0.29	0.47	0.64	0.07	-0.59
Accounts Payable	0.94	0.85	0.93	0.62	0.91	0.94	0.72	0.14	0.95		0.93	0.92	0.3	0.69	-0.52	0.44	0.44	0.67	0.1	0.52	-0.51	0.4	0.59	0.1	-0.49
Long Term Debt	0.95	0.79	1.0	0.44	0.73	0.99	0.59	0.09	1.0	0.93		0.92	0.09	0.55	-0.62	0.46	0.38	0.63	0.04	0.38	-0.25	0.46	0.61	0.12	-0.6
Good Will	0.99	0.96	0.93	0.73	0.84	0.95	0.77	-0.04	0.92	0.92	0.92		0.28	0.63	-0.56	0.57	0.29	0.66	0.11	0.59	-0.49	0.51	0.47	0.14	-0.62
Common Stock	0.28	0.4	0.08	0.64	0.52	0.19	0.74	0.45	0.14	0.3	0.09	0.28		0.53	0.44	0.07	0.16	0.11	0.17	0.14	-0.38	-0.07	-0.01	0.01	0.21
Property Plant Equipment	0.6	0.57	0.54	0.52	0.63	0.58	0.7	-0.03	0.55	0.69	0.55	0.63	0.53		-0.15	0.72	0.83	0.87	0.15	0.27	-0.4	-0.28	0.1	0.47	0.0
Current Deferred Revenue	-0.52	-0.41	-0.64	-0.06	-0.32	-0.56	0.05	0.21	-0.61	-0.52	-0.62	-0.56	0.44	-0.15		-0.26	-0.15	-0.46	0.1	-0.36	0.06	-0.3	-0.55	0.24	0.51
Net Tangible Assets	0.52	0.53	0.47	0.39	0.28	0.48	0.5	-0.57	0.41	0.44	0.46	0.57	0.07	0.72	-0.26		0.61	0.86	0.06	0.37	-0.22	-0.14	-0.19	0.75	-0.28
Long Term Debt Total	0.28	0.13	0.36	0.01	0.28	0.36	0.27	-0.07	0.36	0.44	0.38	0.29	0.16	0.83	-0.15	0.61		0.83	0.01	-0.11	-0.04	-0.57	0.02	0.55	0.18
Capital Surpluse	0.62	0.54	0.63	0.33	0.52	0.63	0.48	-0.36	0.6	0.67	0.63	0.66	0.11	0.87	-0.46	0.86	0.83		-0.01	0.29	-0.22	-0.21	0.13	0.54	-0.23
Deferred Long Term Liab	0.1	0.15	0.06	0.25	0.02	0.07	0.18	0.35	0.05	0.1	0.04	0.11	0.17	0.15	0.1	0.06	0.01	-0.01		0.27	-0.48	-0.14	-0.23	0.18	-0.14
Accumulated Depreciation	0.54	0.68	0.4	0.66	0.53	0.42	0.45	-0.25	0.4	0.52	0.38	0.59	0.14	0.27	-0.36	0.37	-0.11	0.29	0.27		-0.79	0.49	0.24	0.0	-0.39
Short Long Term Debt	-0.44	-0.61	-0.27	-0.77	-0.62	-0.31	-0.58	-0.04	-0.29	-0.51	-0.25	-0.49	-0.38	-0.4	0.06	-0.22	-0.04	-0.22	-0.48	-0.79		-0.32	-0.04	-0.11	0.21
Cash And Equivalents	0.53	0.58	0.47	0.46	0.44	0.47	0.32	-0.01	0.47	0.4	0.46	0.51	-0.07	-0.28	-0.3	-0.14	-0.57	-0.21	-0.14	0.49	-0.32		0.44	-0.3	-0.63
Net Invested Capital	0.49	0.33	0.6	0.04	0.49	0.57	0.07	0.27	0.64	0.59	0.61	0.47	-0.01	0.1	-0.55	-0.19	0.02	0.13	-0.23	0.24	-0.04	0.44		-0.61	-0.07
Net Working Capital	0.15	0.15	0.11	0.16	-0.01	0.14	0.34	-0.4	0.07	0.1	0.12	0.14	0.01	0.47	0.24	0.75	0.55	0.54	0.18	0.0	-0.11	-0.3	-0.61		-0.17
Capital Stock	-0.65	-0.65	-0.61	-0.43	-0.41	-0.61	-0.37	0.15	-0.59	-0.49	-0.6	-0.62	0.21	0.0	0.51	-0.28	0.18	-0.23	-0.14	-0.39	0.21	-0.63	-0.07	-0.17

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict AZZ Incorporated

In accordance with the company's disclosures, AZZ Incorporated has a Z Score of 0.0. This is 100.0% lower than that of the Electrical Equipment sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

AZZ Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AZZ Incorporated's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of AZZ Incorporated could also be used in its relative valuation, which is a method of valuing AZZ Incorporated by comparing valuation metrics of similar companies.

AZZ Incorporated is currently under evaluation in z score category among its peers.

AZZ Incorporated 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, AZZ Incorporated's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to AZZ Incorporated's managers, analysts, and investors.

Environmental

Governance

Social

AZZ Incorporated Institutional Holders

Institutional Holdings refers to the ownership stake in AZZ Incorporated that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of AZZ Incorporated'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 AZZ Incorporated's value.

		Shares
Westwood Holdings Group Inc	2024-06-30	568.6 K
Morgan Stanley - Brokerage Accounts	2024-06-30	488.1 K
Charles Schwab Investment Management Inc	2024-09-30	402.5 K
Boston Partners Global Investors, Inc	2024-06-30	339.2 K
Northern Trust Corp	2024-09-30	288.2 K
Goldman Sachs Group Inc	2024-06-30	282.4 K
Bank Of New York Mellon Corp	2024-06-30	269.1 K
Zimmer Partners Lp	2024-06-30	252.5 K
Bank Of America Corp	2024-06-30	238.2 K
Blackrock Inc	2024-06-30	4.4 M
Vanguard Group Inc	2024-09-30	3.2 M

AZZ Fundamentals

	Return On Equity	0.13
	Return On Asset	0.0668
	Profit Margin	0.08 %
	Operating Margin	0.17 %
	Current Valuation	3.55 B
	Shares Outstanding	29.88 M
	Shares Owned By Insiders	2.01 %
	Shares Owned By Institutions	93.08 %
	Number Of Shares Shorted	418.67 K
	Price To Earning	27.04 X
	Price To Book	2.62 X
	Price To Sales	1.82 X
	Revenue	1.54 B
	Gross Profit	225.22 M
	EBITDA	316.59 M
	Net Income	87.21 M
	Cash And Equivalents	2.82 M
	Cash Per Share	0.46 X
	Total Debt	977.23 M
	Debt To Equity	1.49 %
	Current Ratio	1.88 X
	Book Value Per Share	33.46 X
	Cash Flow From Operations	244.47 M
	Short Ratio	2.63 X
	Earnings Per Share	1.44 X
	Price To Earnings To Growth	1.10 X
	Target Price	95.67
	Number Of Employees	3.87 K
	Beta	1.25
	Market Capitalization	2.85 B
	Total Asset	2.2 B
	Retained Earnings	576.23 M
	Working Capital	172.69 M
	Current Asset	309.33 M
	Current Liabilities	148.41 M
	Annual Yield	0.01 %
	Five Year Return	1.56 %
	Net Asset	2.2 B
	Last Dividend Paid	0.68

About AZZ Incorporated Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AZZ Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AZZ Incorporated using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AZZ 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.

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Additional Tools for AZZ Stock Analysis

When running AZZ Incorporated's price analysis, check to measure AZZ 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 AZZ Incorporated is operating at the current time. Most of AZZ Incorporated's value examination focuses on studying past and present price action to predict the probability of AZZ Incorporated's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AZZ Incorporated's price. Additionally, you may evaluate how the addition of AZZ Incorporated to your portfolios can decrease your overall portfolio volatility.

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Azz Incorporated Stock Z Score

AZZ Incorporated Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

AZZ Z Score Driver Correlations

AZZ Z Score Peer Comparison

AZZ Incorporated ESG Sustainability

AZZ Incorporated Institutional Holders

AZZ Fundamentals

About AZZ Incorporated Fundamental Analysis

Also Currently Popular

Additional Tools for AZZ Stock Analysis

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