Nextera Energy Stock Z Score

NEE Stock

USD 76.00 0.85 1.11%

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 Nextera Energy Piotroski F Score and Nextera Energy Valuation analysis.

For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.

At present, Nextera Energy's Capital Expenditures is projected to increase significantly based on the last few years of reporting. The current year's Issuance Of Capital Stock is expected to grow to about 4.7 B, whereas Net Invested Capital is forecasted to decline to about 96.8 B. At present, Nextera Energy's Total Revenue is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 18.9 B, whereas Cost Of Revenue is forecasted to decline to about 6.8 B.

Nextera Energy Company Z Score Analysis

Nextera Energy'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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Nextera Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Nextera Energy is extremely important. It helps to project a fair market value of Nextera Stock properly, considering its historical fundamentals such as Z Score. Since Nextera Energy'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 Nextera Energy'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 Nextera Energy'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	Property Plant Equipment	Good Will	Deferred Long Term Liab	Intangible Assets	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Accumulated Depreciation	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	-0.1	0.99	0.97	0.95	0.97	1.0	0.95	0.82	0.88	0.99	1.0	0.91	0.76	0.74	-0.27	0.83	0.88	0.81	0.65	-0.15	-0.21	0.88	-0.86	0.81
Total Stockholder Equity	0.98		-0.14	0.96	0.99	0.9	0.92	0.96	0.89	0.84	0.82	0.94	0.97	0.89	0.75	0.73	-0.13	0.79	0.91	0.87	0.68	-0.22	-0.32	0.84	-0.85	0.74
Current Deferred Revenue	-0.1	-0.14		-0.04	-0.21	0.12	0.03	-0.13	0.01	-0.03	0.13	-0.04	-0.11	0.13	-0.21	-0.13	-0.37	0.26	0.08	-0.01	0.22	0.47	0.22	0.33	-0.18	0.22
Net Debt	0.99	0.96	-0.04		0.94	0.96	0.98	0.99	0.96	0.84	0.9	0.99	0.99	0.91	0.72	0.69	-0.35	0.84	0.85	0.78	0.66	-0.06	-0.18	0.9	-0.87	0.83
Retained Earnings	0.97	0.99	-0.21	0.94		0.88	0.89	0.95	0.85	0.82	0.81	0.93	0.96	0.88	0.72	0.68	-0.1	0.78	0.9	0.89	0.67	-0.29	-0.34	0.81	-0.84	0.73
Accounts Payable	0.95	0.9	0.12	0.96	0.88		0.96	0.96	0.94	0.73	0.93	0.97	0.95	0.92	0.67	0.71	-0.41	0.89	0.85	0.74	0.6	-0.1	-0.1	0.92	-0.85	0.88
Net Receivables	0.97	0.92	0.03	0.98	0.89	0.96		0.97	0.98	0.86	0.87	0.97	0.97	0.84	0.72	0.74	-0.36	0.81	0.8	0.69	0.67	0.05	-0.11	0.9	-0.88	0.79
Total Liab	1.0	0.96	-0.13	0.99	0.95	0.96	0.97		0.96	0.81	0.87	0.99	1.0	0.89	0.76	0.75	-0.29	0.82	0.85	0.76	0.61	-0.12	-0.15	0.87	-0.83	0.8
Total Current Assets	0.95	0.89	0.01	0.96	0.85	0.94	0.98	0.96		0.83	0.83	0.96	0.96	0.81	0.78	0.77	-0.35	0.78	0.77	0.61	0.61	0.08	-0.01	0.86	-0.82	0.74
Short Term Debt	0.82	0.84	-0.03	0.84	0.82	0.73	0.86	0.81	0.83		0.66	0.77	0.81	0.64	0.71	0.59	-0.16	0.59	0.71	0.66	0.87	0.05	-0.19	0.75	-0.92	0.58
Common Stock	0.88	0.82	0.13	0.9	0.81	0.93	0.87	0.87	0.83	0.66		0.91	0.88	0.91	0.55	0.54	-0.64	0.87	0.77	0.73	0.56	-0.06	-0.12	0.9	-0.81	0.98
Long Term Debt	0.99	0.94	-0.04	0.99	0.93	0.97	0.97	0.99	0.96	0.77	0.91		0.99	0.92	0.7	0.7	-0.37	0.86	0.84	0.76	0.58	-0.07	-0.15	0.9	-0.82	0.85
Property Plant Equipment	1.0	0.97	-0.11	0.99	0.96	0.95	0.97	1.0	0.96	0.81	0.88	0.99		0.9	0.76	0.76	-0.29	0.82	0.86	0.78	0.62	-0.11	-0.17	0.87	-0.83	0.8
Good Will	0.91	0.89	0.13	0.91	0.88	0.92	0.84	0.89	0.81	0.64	0.91	0.92	0.9		0.59	0.52	-0.34	0.89	0.88	0.89	0.56	-0.19	-0.32	0.91	-0.8	0.88
Deferred Long Term Liab	0.76	0.75	-0.21	0.72	0.72	0.67	0.72	0.76	0.78	0.71	0.55	0.7	0.76	0.59		0.77	-0.04	0.51	0.68	0.49	0.49	-0.05	-0.04	0.58	-0.61	0.46
Intangible Assets	0.74	0.73	-0.13	0.69	0.68	0.71	0.74	0.75	0.77	0.59	0.54	0.7	0.76	0.52	0.77		-0.03	0.5	0.63	0.39	0.36	0.02	0.06	0.53	-0.52	0.43
Net Tangible Assets	-0.27	-0.13	-0.37	-0.35	-0.1	-0.41	-0.36	-0.29	-0.35	-0.16	-0.64	-0.37	-0.29	-0.34	-0.04	-0.03		-0.45	-0.11	-0.05	-0.15	-0.4	-0.25	-0.48	0.31	-0.7
Long Term Debt Total	0.83	0.79	0.26	0.84	0.78	0.89	0.81	0.82	0.78	0.59	0.87	0.86	0.82	0.89	0.51	0.5	-0.45		0.9	0.78	0.65	-0.07	-0.02	0.95	-0.75	0.9
Capital Surpluse	0.88	0.91	0.08	0.85	0.9	0.85	0.8	0.85	0.77	0.71	0.77	0.84	0.86	0.88	0.68	0.63	-0.11	0.9		0.91	0.75	-0.25	-0.22	0.88	-0.81	0.75
Long Term Investments	0.81	0.87	-0.01	0.78	0.89	0.74	0.69	0.76	0.61	0.66	0.73	0.76	0.78	0.89	0.49	0.39	-0.05	0.78	0.91		0.69	-0.42	-0.51	0.78	-0.79	0.71
Short Long Term Debt	0.65	0.68	0.22	0.66	0.67	0.6	0.67	0.61	0.61	0.87	0.56	0.58	0.62	0.56	0.49	0.36	-0.15	0.65	0.75	0.69		0.0	-0.1	0.76	-0.88	0.56
Accumulated Depreciation	-0.15	-0.22	0.47	-0.06	-0.29	-0.1	0.05	-0.12	0.08	0.05	-0.06	-0.07	-0.11	-0.19	-0.05	0.02	-0.4	-0.07	-0.25	-0.42	0.0		0.3	0.08	0.07	-0.05
Cash And Equivalents	-0.21	-0.32	0.22	-0.18	-0.34	-0.1	-0.11	-0.15	-0.01	-0.19	-0.12	-0.15	-0.17	-0.32	-0.04	0.06	-0.25	-0.02	-0.22	-0.51	-0.1	0.3		-0.1	0.24	-0.06
Net Invested Capital	0.88	0.84	0.33	0.9	0.81	0.92	0.9	0.87	0.86	0.75	0.9	0.9	0.87	0.91	0.58	0.53	-0.48	0.95	0.88	0.78	0.76	0.08	-0.1		-0.88	0.9
Net Working Capital	-0.86	-0.85	-0.18	-0.87	-0.84	-0.85	-0.88	-0.83	-0.82	-0.92	-0.81	-0.82	-0.83	-0.8	-0.61	-0.52	0.31	-0.75	-0.81	-0.79	-0.88	0.07	0.24	-0.88		-0.77
Capital Stock	0.81	0.74	0.22	0.83	0.73	0.88	0.79	0.8	0.74	0.58	0.98	0.85	0.8	0.88	0.46	0.43	-0.7	0.9	0.75	0.71	0.56	-0.05	-0.06	0.9	-0.77

Click cells to compare fundamentals

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.

Competition

Predict Nextera Energy

Based on the company's disclosures, Nextera Energy has a Z Score of 0.0. This is 100.0% lower than that of the Electric Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Nextera Energy 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, Nextera Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Nextera Energy's managers, analysts, and investors.

Environmental

Governance

Social

Nextera Energy Institutional Holders

Institutional Holdings refers to the ownership stake in Nextera Energy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nextera Energy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nextera Energy's value.

		Shares
Legal & General Group Plc	2024-06-30	21.3 M
Northern Trust Corp	2024-09-30	21.1 M
Nuveen Asset Management, Llc	2024-06-30	20.1 M
T. Rowe Price Associates, Inc.	2024-06-30	19.6 M
Royal Bank Of Canada	2024-06-30	19.5 M
Dz Bank Ag Deutsche Zentral-genossenschaftsbank Frankfurt Am Main	2024-09-30	17.2 M
Ubs Group Ag	2024-06-30	16.8 M
Neuberger Berman Group Llc	2024-06-30	15.9 M
Capital Research Global Investors	2024-09-30	15.9 M
Vanguard Group Inc	2024-09-30	203.2 M
Blackrock Inc	2024-06-30	150.3 M

Nextera Fundamentals

	Return On Equity	0.0989
	Return On Asset	0.0305
	Profit Margin	0.26 %
	Operating Margin	0.36 %
	Current Valuation	236.79 B
	Shares Outstanding	2.06 B
	Shares Owned By Insiders	0.08 %
	Shares Owned By Institutions	82.92 %
	Number Of Shares Shorted	32.23 M
	Price To Earning	43.66 X
	Price To Book	3.12 X
	Price To Sales	5.95 X
	Revenue	28.11 B
	Gross Profit	10.14 B
	EBITDA	16.47 B
	Net Income	6.28 B
	Cash And Equivalents	1.6 B
	Cash Per Share	1.26 X
	Total Debt	73.21 B
	Debt To Equity	1.39 %
	Current Ratio	0.46 X
	Book Value Per Share	24.34 X
	Cash Flow From Operations	11.3 B
	Short Ratio	3.31 X
	Earnings Per Share	3.37 X
	Price To Earnings To Growth	3.10 X
	Target Price	87.19
	Number Of Employees	16.8 K
	Beta	0.56
	Market Capitalization	156.29 B
	Total Asset	177.49 B
	Retained Earnings	30.23 B
	Working Capital	(12.6 B)
	Current Asset	6.79 B
	Current Liabilities	10.11 B
	Annual Yield	0.03 %
	Five Year Return	2.15 %
	Net Asset	177.49 B
	Last Dividend Paid	2.01

About Nextera Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nextera Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nextera Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nextera Energy 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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When determining whether Nextera Energy is a strong investment it is important to analyze Nextera Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nextera Energy's future performance. For an informed investment choice regarding Nextera Stock, refer to the following important reports:

How To Invest In Nextera

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Is Nextera Stock a good investment?

Details

What is Nextera Energy's Net Worth?

Details

Largest Electric Utilities Companies

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Largest Utilities - Regulated Electric Companies

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Check out Nextera Energy Piotroski F Score and Nextera Energy Valuation analysis.

For information on how to trade Nextera Stock refer to our How to Trade Nextera Stock guide.

You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Is Electric Utilities 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 Nextera Energy. If investors know Nextera 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 Nextera Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.5

Dividend Share

2.013

Earnings Share

3.37

Revenue Per Share

12.79

Quarterly Revenue Growth

0.055

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

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Nextera Energy Stock Z Score

Nextera Energy Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Nextera Z Score Driver Correlations

Nextera Energy ESG Sustainability

Nextera Energy Institutional Holders

Nextera Fundamentals

About Nextera Energy Fundamental Analysis

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