John Hancock Income Stock Z Score
JHS Stock | USD 11.33 0.06 0.53% |
John | Z Score |
John Hancock Income Company Z Score Analysis
John Hancock'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..
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John Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for John Hancock is extremely important. It helps to project a fair market value of John Stock properly, considering its historical fundamentals such as Z Score. Since John Hancock'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 John Hancock'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 John Hancock's interrelated accounts and indicators.
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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.
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According to the company's disclosures, John Hancock Income has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The z score for all United States stocks is 100.0% higher than that of the company.
John Hancock Current Valuation Drivers
We derive many important indicators used in calculating different scores of John Hancock from analyzing John Hancock's financial statements. These drivers represent accounts that assess John Hancock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of John Hancock's important valuation drivers and their relationship over time.
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Market Cap | 179.8M | 179.5M | 122.1M | 114.1M | 131.3M | 178.5M | |
Enterprise Value | 261.1M | 271.1M | 270.3M | 213.3M | 192.0M | 199.6M |
John Hancock ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, John Hancock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to John Hancock's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
John Fundamentals
Return On Equity | 0.14 | ||||
Return On Asset | 0.0284 | ||||
Profit Margin | 1.56 % | ||||
Operating Margin | 0.85 % | ||||
Current Valuation | 222.52 M | ||||
Shares Outstanding | 11.65 M | ||||
Shares Owned By Insiders | 0.26 % | ||||
Shares Owned By Institutions | 60.96 % | ||||
Number Of Shares Shorted | 3.91 K | ||||
Price To Earning | 9.86 X | ||||
Price To Book | 0.93 X | ||||
Price To Sales | 10.83 X | ||||
Revenue | 19.18 M | ||||
Gross Profit | 12.12 M | ||||
EBITDA | 273.29 K | ||||
Net Income | 18.91 M | ||||
Cash And Equivalents | 5.04 K | ||||
Total Debt | 92.87 M | ||||
Debt To Equity | 0.60 % | ||||
Current Ratio | 0.10 X | ||||
Book Value Per Share | 12.12 X | ||||
Cash Flow From Operations | 5.41 M | ||||
Short Ratio | 0.16 X | ||||
Earnings Per Share | 1.63 X | ||||
Beta | 0.46 | ||||
Market Capitalization | 131.26 M | ||||
Total Asset | 233.99 M | ||||
Retained Earnings | (33.96 M) | ||||
Annual Yield | 0.07 % | ||||
Five Year Return | 5.37 % | ||||
Net Asset | 233.99 M | ||||
Last Dividend Paid | 0.47 |
About John Hancock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze John Hancock Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of John Hancock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of John Hancock Income 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 John Stock Analysis
When running John Hancock's price analysis, check to measure John Hancock'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 John Hancock is operating at the current time. Most of John Hancock's value examination focuses on studying past and present price action to predict the probability of John Hancock's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move John Hancock's price. Additionally, you may evaluate how the addition of John Hancock to your portfolios can decrease your overall portfolio volatility.