New England Realty Stock Z Score

NEN Stock

USD 82.49 2.94 3.70%

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 New England Piotroski F Score and New England Valuation analysis.

As of the 22nd of November 2024, Capital Expenditures is likely to grow to about 49.7 M, while Net Invested Capital is likely to drop about 309.6 M. At this time, New England's Net Income is very stable compared to the past year. As of the 22nd of November 2024, Cost Of Revenue is likely to grow to about 41.9 M, while Gross Profit is likely to drop about 30.1 M.

New England Realty Company Z Score Analysis

New England'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 )

New Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for New England is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Z Score. Since New England'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 New England'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 New England's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Total Liab	Short Term Debt	Net Receivables	Total Current Assets	Short Term Investments	Accounts Payable	Long Term Debt	Property Plant Equipment	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Long Term Investments	Intangible Assets	Common Stock	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Current Deferred Revenue
Total Assets		-0.03	0.98	-0.93	1.0	-0.41	0.84	0.56	0.7	0.77	0.87	0.79	-0.95	0.89	-0.05	-0.91	0.51	-0.19	-0.81	0.68	0.87	0.67	0.6
Total Stockholder Equity	-0.03		0.02	0.06	-0.02	0.03	0.34	0.03	0.65	-0.03	-0.18	-0.42	-0.11	0.0	-0.09	0.27	0.26	0.85	0.14	-0.01	0.27	0.38	0.5
Net Debt	0.98	0.02		-0.93	0.98	-0.37	0.85	0.42	0.73	0.75	0.81	0.76	-0.91	0.84	-0.05	-0.89	0.59	-0.12	-0.78	0.53	0.8	0.58	0.66
Retained Earnings	-0.93	0.06	-0.93		-0.94	0.5	-0.86	-0.47	-0.67	-0.78	-0.84	-0.79	0.95	-0.87	0.22	0.9	-0.43	0.22	0.8	-0.61	-0.8	-0.61	-0.58
Total Liab	1.0	-0.02	0.98	-0.94		-0.4	0.85	0.55	0.71	0.77	0.86	0.78	-0.95	0.88	-0.05	-0.91	0.51	-0.18	-0.8	0.67	0.86	0.67	0.61
Short Term Debt	-0.41	0.03	-0.37	0.5	-0.4		-0.31	-0.24	-0.33	-0.24	-0.39	-0.43	0.48	-0.46	0.35	0.42	-0.18	0.06	0.65	-0.36	-0.47	-0.29	-0.28
Net Receivables	0.84	0.34	0.85	-0.86	0.85	-0.31		0.41	0.87	0.61	0.64	0.5	-0.91	0.77	-0.13	-0.71	0.49	0.11	-0.61	0.6	0.84	0.7	0.82
Total Current Assets	0.56	0.03	0.42	-0.47	0.55	-0.24	0.41		0.43	0.68	0.66	0.4	-0.63	0.6	-0.01	-0.45	-0.21	-0.07	-0.41	0.72	0.7	0.83	-0.04
Short Term Investments	0.7	0.65	0.73	-0.67	0.71	-0.33	0.87	0.43		0.57	0.51	0.28	-0.79	0.65	-0.07	-0.48	0.52	0.46	-0.48	0.47	0.81	0.77	0.8
Accounts Payable	0.77	-0.03	0.75	-0.78	0.77	-0.24	0.61	0.68	0.57		0.9	0.76	-0.76	0.84	-0.06	-0.73	0.2	-0.07	-0.52	0.52	0.71	0.69	0.22
Long Term Debt	0.87	-0.18	0.81	-0.84	0.86	-0.39	0.64	0.66	0.51	0.9		0.91	-0.83	0.97	-0.06	-0.84	0.27	-0.31	-0.75	0.72	0.81	0.7	0.31
Property Plant Equipment	0.79	-0.42	0.76	-0.79	0.78	-0.43	0.5	0.4	0.28	0.76	0.91		-0.7	0.86	-0.09	-0.9	0.33	-0.54	-0.8	0.5	0.61	0.37	0.21
Net Tangible Assets	-0.95	-0.11	-0.91	0.95	-0.95	0.48	-0.91	-0.63	-0.79	-0.76	-0.83	-0.7		-0.89	0.09	0.86	-0.39	0.12	0.8	-0.72	-0.92	-0.77	-0.62
Long Term Debt Total	0.89	0.0	0.84	-0.87	0.88	-0.46	0.77	0.6	0.65	0.84	0.97	0.86	-0.89		-0.08	-0.84	0.4	-0.18	-0.77	0.76	0.89	0.76	0.5
Deferred Long Term Liab	-0.05	-0.09	-0.05	0.22	-0.05	0.35	-0.13	-0.01	-0.07	-0.06	-0.06	-0.09	0.09	-0.08		0.0	-0.14	-0.17	0.17	-0.06	-0.11	-0.04	-0.05
Long Term Investments	-0.91	0.27	-0.89	0.9	-0.91	0.42	-0.71	-0.45	-0.48	-0.73	-0.84	-0.9	0.86	-0.84	0.0		-0.4	0.46	0.85	-0.54	-0.7	-0.44	-0.41
Intangible Assets	0.51	0.26	0.59	-0.43	0.51	-0.18	0.49	-0.21	0.52	0.2	0.27	0.33	-0.39	0.4	-0.14	-0.4		0.24	-0.37	0.11	0.4	0.12	0.74
Common Stock	-0.19	0.85	-0.12	0.22	-0.18	0.06	0.11	-0.07	0.46	-0.07	-0.31	-0.54	0.12	-0.18	-0.17	0.46	0.24		0.41	-0.16	0.05	0.22	0.34
Short Long Term Debt	-0.81	0.14	-0.78	0.8	-0.8	0.65	-0.61	-0.41	-0.48	-0.52	-0.75	-0.8	0.8	-0.77	0.17	0.85	-0.37	0.41		-0.53	-0.69	-0.43	-0.41
Cash And Equivalents	0.68	-0.01	0.53	-0.61	0.67	-0.36	0.6	0.72	0.47	0.52	0.72	0.5	-0.72	0.76	-0.06	-0.54	0.11	-0.16	-0.53		0.84	0.83	0.39
Net Invested Capital	0.87	0.27	0.8	-0.8	0.86	-0.47	0.84	0.7	0.81	0.71	0.81	0.61	-0.92	0.89	-0.11	-0.7	0.4	0.05	-0.69	0.84		0.89	0.62
Net Working Capital	0.67	0.38	0.58	-0.61	0.67	-0.29	0.7	0.83	0.77	0.69	0.7	0.37	-0.77	0.76	-0.04	-0.44	0.12	0.22	-0.43	0.83	0.89		0.44
Current Deferred Revenue	0.6	0.5	0.66	-0.58	0.61	-0.28	0.82	-0.04	0.8	0.22	0.31	0.21	-0.62	0.5	-0.05	-0.41	0.74	0.34	-0.41	0.39	0.62	0.44

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 New England

Based on the company's disclosures, New England Realty has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and 100.0% lower than that of the Real Estate industry. The z score for all United States stocks is 100.0% higher than that of the company.

New England Current Valuation Drivers

We derive many important indicators used in calculating different scores of New England from analyzing New England's financial statements. These drivers represent accounts that assess New England's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of New England's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	273.8M	208.8M	183.3M	247.8M	223.0M	146.1M
Enterprise Value	516.7M	454.1M	465.1M	638.2M	574.4M	603.1M

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

Environmental

Governance

Social

New Fundamentals

	Return On Asset	0.0401
	Profit Margin	0.17 %
	Operating Margin	0.32 %
	Current Valuation	594.44 M
	Shares Outstanding	2.83 M
	Shares Owned By Insiders	34.28 %
	Shares Owned By Institutions	3.08 %
	Number Of Shares Shorted	1.02 K
	Price To Earning	197.31 X
	Price To Sales	3.60 X
	Revenue	74.48 M
	Gross Profit	46.84 M
	EBITDA	36.56 M
	Net Income	8.45 M
	Cash And Equivalents	49.56 M
	Cash Per Share	37.26 X
	Total Debt	408.66 M
	Debt To Equity	4.04 %
	Current Ratio	5.08 X
	Book Value Per Share	(18.66) X
	Cash Flow From Operations	28.36 M
	Short Ratio	6.97 X
	Earnings Per Share	3.87 X
	Beta	0.35
	Market Capitalization	288.8 M
	Total Asset	385.73 M
	Retained Earnings	(64.7 M)
	Working Capital	80.51 M
	Current Asset	9 M
	Current Liabilities	5 M
	Annual Yield	0.02 %
	Five Year Return	1.99 %
	Net Asset	385.73 M
	Last Dividend Paid	0.4

About New England Fundamental Analysis

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

Pair Trading with New England

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New England position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New England will appreciate offsetting losses from the drop in the long position's value.

Moving against New Stock

0.55	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.53	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.5	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.48	AHT-PG	Ashford Hospitality Trust Downward Rally	Pair Corr
0.46	AHT-PD	Ashford Hospitality Trust	Pair Corr

The ability to find closely correlated positions to New England could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New England when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New England - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New England Realty to buy it.

The correlation of New England is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New England moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New England Realty moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for New England can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

When determining whether New England Realty offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of New England'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 New England Realty Stock. Outlined below are crucial reports that will aid in making a well-informed decision on New England Realty Stock:

How To Invest In New

Details

Is New Stock a good investment?

Details

What is New England's Net Worth?

Details

Largest Real Estate Management & Development Companies

View

Largest Real Estate Companies

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Check out New England Piotroski F Score and New England Valuation analysis.

You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Is Real Estate Management & Development 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 New England. If investors know New 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 New England 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

0.819

Dividend Share

0.4

Earnings Share

3.87

Revenue Per Share

22.809

Quarterly Revenue Growth

0.057

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

New England Realty 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 )

New Z Score Driver Correlations

New England Current Valuation Drivers

New England ESG Sustainability

New Fundamentals

About New England Fundamental Analysis

Pair Trading with New England

Moving against New Stock

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