| HBGRY Stock | | | USD 0.43 0.00 0.00% |
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
Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Heidelberger Druckmaschinen AG. 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.
Heidelberger Druckmaschinen AG Company Z Score Analysis
Heidelberger Druckmaschinen'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..
Current Heidelberger Druckmaschinen Z Score | | | | 11.2 |
Most of Heidelberger Druckmaschinen's fundamental indicators, such as Z Score, 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, Heidelberger Druckmaschinen AG is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
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| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
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| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
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| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
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| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
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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.
According to the company's disclosures, Heidelberger Druckmaschinen AG has a Z Score of 11.2. This is 175.18% higher than that of the Industrials sector and significantly higher than that of the
Specialty Industrial Machinery industry. The z score for all United States stocks is 28.44% lower than that of the firm.
Heidelberger Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Heidelberger Druckmaschinen's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Heidelberger Druckmaschinen could also be used in its relative valuation, which is a method of valuing Heidelberger Druckmaschinen by comparing valuation metrics of similar companies.
Heidelberger Druckmaschinen is currently under evaluation in z score category among its peers.
Heidelberger Fundamentals
About Heidelberger Druckmaschinen Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Heidelberger Druckmaschinen AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Heidelberger Druckmaschinen using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Heidelberger Druckmaschinen AG 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 Heidelberger Pink Sheet Analysis
When running Heidelberger Druckmaschinen's price analysis, check to
measure Heidelberger Druckmaschinen'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 Heidelberger Druckmaschinen is operating at the current time. Most of Heidelberger Druckmaschinen's value examination focuses on studying past and present price action to
predict the probability of Heidelberger Druckmaschinen's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Heidelberger Druckmaschinen's price. Additionally, you may evaluate how the addition of Heidelberger Druckmaschinen to your portfolios can decrease your overall portfolio volatility.