Forterra Plc Stock Probability Of Bankruptcy

FTTRFDelisted Stock  USD 2.28  0.00  0.00%   
Forterra Plc's odds of distress is above 80% at the present time. It has very high probability of going through financial crunch in the upcoming years. Forterra Plc's Chance of financial distress is determined by interpolating and adjusting Forterra 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 Forterra balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
  

Forterra Plc Company chance of financial distress Analysis

Forterra Plc'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 Forterra Plc Probability Of Bankruptcy

    
  Over 100%  
Most of Forterra Plc'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, Forterra Plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Forterra Plc 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 Forterra Plc 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 Forterra Plc financial health.
Please note, there is a significant difference between Forterra Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forterra Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forterra Plc'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, Forterra Plc has a Probability Of Bankruptcy of 100%. This is 125.53% higher than that of the Basic Materials sector and 138.72% higher than that of the Building Materials industry. The probability of bankruptcy for all United States stocks is 151.07% lower than that of the firm.

Forterra Probability Of Bankruptcy Peer Comparison

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

Forterra Fundamentals

About Forterra Plc Fundamental Analysis

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

Currently Active Assets on Macroaxis

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Other Consideration for investing in Forterra Pink Sheet

If you are still planning to invest in Forterra Plc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Forterra Plc's history and understand the potential risks before investing.
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