Nordstrom Stock Probability Of Bankruptcy
| J1WN34 Stock | 135.07 5.07 3.90% |
Nordstrom |
Nordstrom Company chance of distress Analysis
Nordstrom'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Nordstrom Probability Of Bankruptcy | Less than 9% |
Most of Nordstrom'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, Nordstrom is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Nordstrom 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 Nordstrom 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 Nordstrom financial health.
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, Nordstrom has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the sector and significantly higher than that of the Department Stores industry. The probability of bankruptcy for all Brazil stocks is notably lower than that of the firm.
Nordstrom Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nordstrom'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 Nordstrom could also be used in its relative valuation, which is a method of valuing Nordstrom by comparing valuation metrics of similar companies.Nordstrom is currently under evaluation in probability of bankruptcy category among its peers.
Nordstrom Fundamentals
| Return On Equity | 0.68 | |||
| Return On Asset | 0.0434 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | 0.04 % | |||
| Current Valuation | 38.74 B | |||
| Shares Outstanding | 160.08 M | |||
| Price To Book | 5.71 X | |||
| Price To Sales | 1.17 X | |||
| Revenue | 14.79 B | |||
| Gross Profit | 5.45 B | |||
| EBITDA | 1.28 B | |||
| Net Income | 178 M | |||
| Total Debt | 2.85 B | |||
| Book Value Per Share | 3.79 X | |||
| Cash Flow From Operations | 705 M | |||
| Earnings Per Share | 10.64 X | |||
| Price To Earnings To Growth | 0.36 X | |||
| Number Of Employees | 72 K | |||
| Beta | 2.23 | |||
| Market Capitalization | 19.23 B | |||
| Total Asset | 8.87 B | |||
| Z Score | 4.6 | |||
| Annual Yield | 0.03 % | |||
| Net Asset | 8.87 B | |||
| Last Dividend Paid | 0.57 |
About Nordstrom Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nordstrom's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nordstrom using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nordstrom 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Nordstrom Stock
When determining whether Nordstrom offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Nordstrom's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Nordstrom Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Nordstrom Stock:Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Nordstrom. 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. For information on how to trade Nordstrom Stock refer to our How to Trade Nordstrom Stock guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..