Cemtrex Stock Probability Of Bankruptcy

Name: Cemtrex Next Fiscal Year End
Start: 2024-12-19
End: 2024-12-19
Location: Cemtrex

CETX Stock

USD 0.11 0.09 45.00%

Cemtrex's odds of distress is over 60% at this time. It has an above-average probability of going through some form of financial crisis in the next 2 years. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Cemtrex balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Cemtrex Piotroski F Score and Cemtrex Altman Z Score analysis.

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

Market Cap is likely to drop to about 213.4 M in 2024. Enterprise Value is likely to drop to about 231.7 M in 2024

Cemtrex Company probability of bankruptcy Analysis

Cemtrex'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

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Cemtrex Probability Of Bankruptcy

Over 60%

Most of Cemtrex'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, Cemtrex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Cemtrex 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 Cemtrex 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 Cemtrex financial health.

Is Electronic Equipment, Instruments & Components space 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 Cemtrex. If investors know Cemtrex 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 Cemtrex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(170.40)

Revenue Per Share

459.181

Quarterly Revenue Growth

(0)

Return On Assets

(0.07)

Return On Equity

(3.19)

The market value of Cemtrex is measured differently than its book value, which is the value of Cemtrex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemtrex's value that differs from its market value or its book value, called intrinsic value, which is Cemtrex'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 Cemtrex's market value can be influenced by many factors that don't directly affect Cemtrex'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 Cemtrex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemtrex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemtrex'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.

Cemtrex Probability Of Bankruptcy Driver Correlations

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

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Good Will	Short Term Investments	Deferred Long Term Liab	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.86	0.69	0.1	-0.26	0.88	0.83	0.79	0.97	0.18	-0.66	0.67	0.71	0.63	0.73	0.5	0.87	0.84	0.73	0.59	0.7	-0.39	-0.39	-0.42	0.01
Total Stockholder Equity	0.86		0.6	-0.22	0.05	0.64	0.63	0.48	0.8	-0.18	-0.43	0.41	0.55	0.82	0.61	0.68	0.89	0.97	0.41	0.36	0.42	-0.07	-0.13	-0.24	0.19
Current Deferred Revenue	0.69	0.6		-0.17	-0.34	0.55	0.47	0.56	0.67	0.12	-0.59	0.19	0.65	0.21	0.59	0.12	0.58	0.54	0.41	0.54	0.65	-0.44	-0.39	-0.48	0.21
Net Debt	0.1	-0.22	-0.17		-0.26	0.44	0.57	0.57	0.08	0.61	-0.57	0.54	-0.08	-0.11	0.15	0.01	0.11	-0.03	0.37	0.21	0.02	-0.27	-0.41	0.07	-0.83
Retained Earnings	-0.26	0.05	-0.34	-0.26		-0.13	-0.3	-0.59	-0.28	-0.72	0.41	-0.12	-0.69	0.47	-0.71	0.52	0.06	0.05	-0.39	-0.9	-0.79	0.93	0.81	0.81	0.27
Accounts Payable	0.88	0.64	0.55	0.44	-0.13		0.89	0.8	0.86	0.25	-0.79	0.79	0.48	0.54	0.51	0.53	0.8	0.68	0.72	0.39	0.5	-0.28	-0.33	-0.16	-0.26
Net Receivables	0.83	0.63	0.47	0.57	-0.3	0.89		0.91	0.8	0.47	-0.82	0.68	0.5	0.48	0.7	0.48	0.77	0.74	0.66	0.57	0.5	-0.41	-0.52	-0.25	-0.42
Total Liab	0.79	0.48	0.56	0.57	-0.59	0.8	0.91		0.79	0.65	-0.8	0.7	0.63	0.22	0.76	0.16	0.63	0.55	0.81	0.77	0.72	-0.63	-0.65	-0.54	-0.34
Total Current Assets	0.97	0.8	0.67	0.08	-0.28	0.86	0.8	0.79		0.24	-0.61	0.66	0.7	0.57	0.68	0.45	0.77	0.77	0.77	0.58	0.71	-0.36	-0.29	-0.46	0.09
Short Term Debt	0.18	-0.18	0.12	0.61	-0.72	0.25	0.47	0.65	0.24		-0.46	0.2	0.27	-0.36	0.47	-0.26	-0.04	-0.08	0.42	0.62	0.46	-0.73	-0.7	-0.35	-0.4
Common Stock	-0.66	-0.43	-0.59	-0.57	0.41	-0.79	-0.82	-0.8	-0.61	-0.46		-0.54	-0.5	-0.16	-0.64	-0.18	-0.6	-0.54	-0.48	-0.58	-0.46	0.52	0.6	0.28	0.57
Long Term Debt	0.67	0.41	0.19	0.54	-0.12	0.79	0.68	0.7	0.66	0.2	-0.54		0.33	0.46	0.32	0.33	0.6	0.45	0.86	0.3	0.36	-0.14	-0.14	-0.22	-0.29
Good Will	0.71	0.55	0.65	-0.08	-0.69	0.48	0.5	0.63	0.7	0.27	-0.5	0.33		0.06	0.86	-0.02	0.43	0.47	0.56	0.85	0.87	-0.75	-0.64	-0.78	0.01
Short Term Investments	0.63	0.82	0.21	-0.11	0.47	0.54	0.48	0.22	0.57	-0.36	-0.16	0.46	0.06		0.19	0.86	0.81	0.83	0.3	-0.11	-0.01	0.36	0.23	0.23	0.15
Deferred Long Term Liab	0.73	0.61	0.59	0.15	-0.71	0.51	0.7	0.76	0.68	0.47	-0.64	0.32	0.86	0.19		0.12	0.56	0.64	0.49	0.93	0.8	-0.79	-0.8	-0.67	-0.23
Intangible Assets	0.5	0.68	0.12	0.01	0.52	0.53	0.48	0.16	0.45	-0.26	-0.18	0.33	-0.02	0.86	0.12		0.69	0.7	0.2	-0.21	-0.15	0.35	0.18	0.41	0.1
Property Plant Equipment	0.87	0.89	0.58	0.11	0.06	0.8	0.77	0.63	0.77	-0.04	-0.6	0.6	0.43	0.81	0.56	0.69		0.91	0.54	0.32	0.37	-0.11	-0.25	-0.09	-0.04
Net Tangible Assets	0.84	0.97	0.54	-0.03	0.05	0.68	0.74	0.55	0.77	-0.08	-0.54	0.45	0.47	0.83	0.64	0.7	0.91		0.39	0.37	0.34	-0.07	-0.18	-0.16	-0.01
Long Term Debt Total	0.73	0.41	0.41	0.37	-0.39	0.72	0.66	0.81	0.77	0.42	-0.48	0.86	0.56	0.3	0.49	0.2	0.54	0.39		0.53	0.63	-0.41	-0.33	-0.47	-0.01
Capital Surpluse	0.59	0.36	0.54	0.21	-0.9	0.39	0.57	0.77	0.58	0.62	-0.58	0.3	0.85	-0.11	0.93	-0.21	0.32	0.37	0.53		0.89	-0.88	-0.81	-0.86	-0.22
Short Long Term Debt	0.7	0.42	0.65	0.02	-0.79	0.5	0.5	0.72	0.71	0.46	-0.46	0.36	0.87	-0.01	0.8	-0.15	0.37	0.34	0.63	0.89		-0.78	-0.64	-0.85	0.07
Net Invested Capital	-0.39	-0.07	-0.44	-0.27	0.93	-0.28	-0.41	-0.63	-0.36	-0.73	0.52	-0.14	-0.75	0.36	-0.79	0.35	-0.11	-0.07	-0.41	-0.88	-0.78		0.94	0.65	0.31
Net Working Capital	-0.39	-0.13	-0.39	-0.41	0.81	-0.33	-0.52	-0.65	-0.29	-0.7	0.6	-0.14	-0.64	0.23	-0.8	0.18	-0.25	-0.18	-0.33	-0.81	-0.64	0.94		0.46	0.47
Long Term Investments	-0.42	-0.24	-0.48	0.07	0.81	-0.16	-0.25	-0.54	-0.46	-0.35	0.28	-0.22	-0.78	0.23	-0.67	0.41	-0.09	-0.16	-0.47	-0.86	-0.85	0.65	0.46		-0.09
Capital Stock	0.01	0.19	0.21	-0.83	0.27	-0.26	-0.42	-0.34	0.09	-0.4	0.57	-0.29	0.01	0.15	-0.23	0.1	-0.04	-0.01	-0.01	-0.22	0.07	0.31	0.47	-0.09

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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

Predict Cemtrex

Based on the latest financial disclosure, Cemtrex has a Probability Of Bankruptcy of 60%. This is 48.29% higher than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 50.64% lower than that of the firm.

Cemtrex Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cemtrex'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 Cemtrex could also be used in its relative valuation, which is a method of valuing Cemtrex by comparing valuation metrics of similar companies.

Cemtrex is currently under evaluation in probability of bankruptcy category among its peers.

Cemtrex Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Asset Turnover	0.88	0.68	0.81	1.1	1.23	1.41
Gross Profit Margin	0.4	0.44	0.39	0.38	0.43	0.26
Net Debt	(4.3M)	(6.2M)	(5.6M)	21.4M	24.6M	25.9M
Total Current Liabilities	14.8M	19.7M	25.5M	27.3M	31.4M	33.0M
Non Current Liabilities Total	17.1M	9.7M	5.6M	12.8M	14.7M	7.4M
Total Assets	63.8M	52.9M	45.8M	48.5M	55.7M	32.7M
Total Current Assets	38.1M	34.7M	30.3M	29.3M	33.7M	19.6M
Total Cash From Operating Activities	(4.1M)	(10.1M)	(16.1M)	(2.2M)	(2.0M)	(1.9M)

Cemtrex Fundamentals

	Return On Equity	-3.19
	Return On Asset	-0.0726
	Profit Margin	(0.20) %
	Operating Margin	(0.22) %
	Current Valuation	18.74 M
	Shares Outstanding	25.59 M
	Shares Owned By Insiders	0.02 %
	Number Of Shares Shorted	1.33 M
	Price To Earning	7.87 X
	Price To Book	64.69 X
	Price To Sales	0.04 X
	Revenue	59.37 M
	Gross Profit	19.06 M
	EBITDA	(8.74 K)
	Net Income	(9.23 M)
	Cash And Equivalents	11.72 M
	Cash Per Share	0.44 X
	Total Debt	26.75 M
	Debt To Equity	1.25 %
	Current Ratio	1.21 X
	Book Value Per Share	0.71 X
	Cash Flow From Operations	(2.23 M)
	Short Ratio	0.11 X
	Earnings Per Share	(170.40) X
	Target Price	11.0
	Number Of Employees	328
	Beta	1.95
	Market Capitalization	2.94 M
	Total Asset	48.45 M
	Retained Earnings	(64.13 M)
	Working Capital	1.95 M
	Current Asset	36.93 M
	Current Liabilities	25.15 M
	Net Asset	48.45 M

About Cemtrex Fundamental Analysis

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

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

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Cemtrex Stock Probability Of Bankruptcy

Cemtrex Company probability of bankruptcy Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Cemtrex Probability Of Bankruptcy

Cemtrex Probability Of Bankruptcy Driver Correlations

Cemtrex Probability Of Bankruptcy Peer Comparison

Cemtrex Main Bankruptcy Drivers

Cemtrex Fundamentals

About Cemtrex Fundamental Analysis

Also Currently Popular

Additional Tools for Cemtrex Stock Analysis

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