Byd Company Limited Stock Probability Of Bankruptcy

BY6A Stock  EUR 63.00  0.50  0.79%   
BYD Company's likelihood of distress is under 9% at the present time. It has tiny risk of undergoing some form of financial crisis in the near future. BYD Company's Chance of financial distress is determined by interpolating and adjusting BYD Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the BYD balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BYD Company Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  

BYD Company Limited Company chance of financial distress Analysis

BYD Company's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

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Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current BYD Company Probability Of Bankruptcy

    
  Less than 9%  
Most of BYD Company's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BYD Company Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of BYD Company probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting BYD Company odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of BYD Company Limited financial health.
Please note, there is a significant difference between BYD Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if BYD Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BYD Company'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.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, BYD Company Limited has a Probability Of Bankruptcy of 9.0%. This is 78.26% lower than that of the Consumer Cyclical sector and 80.32% lower than that of the Auto Manufacturers industry. The probability of bankruptcy for all Germany stocks is 77.4% higher than that of the company.

BYD Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BYD Company's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of BYD Company could also be used in its relative valuation, which is a method of valuing BYD Company by comparing valuation metrics of similar companies.
BYD Company is currently under evaluation in probability of bankruptcy category among its peers.

BYD Fundamentals

About BYD Company Fundamental Analysis

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

BYD Company financial ratios help investors to determine whether BYD Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in BYD with respect to the benefits of owning BYD Company security.