Nice Ltd Adr Stock Z Score

NICE Stock

USD 176.16 4.85 2.83%

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 Nice Piotroski F Score and Nice Valuation analysis.

At present, Nice's Return On Capital Employed is projected to increase slightly based on the last few years of reporting. At present, Nice's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.5 B, whereas Selling And Marketing Expenses is forecasted to decline to about 339.1 M.

Nice Ltd ADR Company Z Score Analysis

Nice'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 )

Nice Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Short Term Investments	Common Stock	Good Will	Intangible Assets	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Long Term Debt	Short Long Term Debt	Deferred Long Term Liab	Long Term Debt Total	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.77	0.98	0.91	0.94	0.98	0.94	0.37	0.86	0.59	0.97	0.38	0.95	0.89	-0.81	0.58	-0.27	-0.63	0.77	-0.81	0.89	0.78	0.59
Total Stockholder Equity	0.99		0.69	0.98	0.93	0.96	0.96	0.94	0.38	0.86	0.61	0.96	0.3	0.94	0.87	-0.78	0.64	-0.27	-0.58	0.72	-0.8	0.89	0.77	0.63
Net Debt	0.77	0.69		0.72	0.61	0.6	0.86	0.66	0.11	0.65	0.28	0.8	0.61	0.78	0.71	-0.7	0.19	-0.36	-0.74	0.8	-0.73	0.69	0.55	0.3
Retained Earnings	0.98	0.98	0.72		0.94	0.96	0.94	0.95	0.29	0.87	0.47	0.93	0.25	0.97	0.83	-0.76	0.67	-0.27	-0.6	0.74	-0.81	0.93	0.8	0.7
Accounts Payable	0.91	0.93	0.61	0.94		0.96	0.86	0.88	0.23	0.78	0.45	0.89	0.25	0.9	0.71	-0.59	0.6	-0.19	-0.57	0.68	-0.68	0.85	0.75	0.77
Net Receivables	0.94	0.96	0.6	0.96	0.96		0.88	0.91	0.26	0.8	0.53	0.9	0.2	0.93	0.76	-0.71	0.66	-0.22	-0.59	0.7	-0.72	0.87	0.76	0.73
Total Liab	0.98	0.96	0.86	0.94	0.86	0.88		0.91	0.34	0.85	0.56	0.98	0.48	0.93	0.9	-0.83	0.47	-0.27	-0.7	0.83	-0.81	0.87	0.76	0.5
Total Current Assets	0.94	0.94	0.66	0.95	0.88	0.91	0.91		0.42	0.97	0.43	0.85	0.09	0.94	0.88	-0.65	0.77	-0.11	-0.48	0.68	-0.84	0.96	0.92	0.6
Short Term Debt	0.37	0.38	0.11	0.29	0.23	0.26	0.34	0.42		0.42	0.5	0.35	0.11	0.2	0.5	-0.33	0.27	0.41	0.2	0.09	-0.13	0.3	0.42	0.01
Short Term Investments	0.86	0.86	0.65	0.87	0.78	0.8	0.85	0.97	0.42		0.33	0.75	0.02	0.88	0.87	-0.55	0.77	-0.06	-0.42	0.6	-0.85	0.95	0.94	0.51
Common Stock	0.59	0.61	0.28	0.47	0.45	0.53	0.56	0.43	0.5	0.33		0.65	0.49	0.38	0.65	-0.66	0.11	-0.03	-0.38	0.48	-0.38	0.36	0.31	0.2
Good Will	0.97	0.96	0.8	0.93	0.89	0.9	0.98	0.85	0.35	0.75	0.65		0.56	0.89	0.83	-0.85	0.4	-0.27	-0.7	0.81	-0.71	0.79	0.67	0.55
Intangible Assets	0.38	0.3	0.61	0.25	0.25	0.2	0.48	0.09	0.11	0.02	0.49	0.56		0.2	0.3	-0.58	-0.52	-0.14	-0.64	0.6	-0.1	0.05	-0.03	-0.01
Property Plant Equipment	0.95	0.94	0.78	0.97	0.9	0.93	0.93	0.94	0.2	0.88	0.38	0.89	0.2		0.83	-0.69	0.7	-0.37	-0.58	0.73	-0.88	0.95	0.8	0.67
Current Deferred Revenue	0.89	0.87	0.71	0.83	0.71	0.76	0.9	0.88	0.5	0.87	0.65	0.83	0.3	0.83		-0.73	0.56	-0.14	-0.5	0.69	-0.88	0.87	0.81	0.33
Treasury Stock	-0.81	-0.78	-0.7	-0.76	-0.59	-0.71	-0.83	-0.65	-0.33	-0.55	-0.66	-0.85	-0.58	-0.69	-0.73		-0.24	0.29	0.64	-0.73	0.59	-0.58	-0.47	-0.25
Net Tangible Assets	0.58	0.64	0.19	0.67	0.6	0.66	0.47	0.77	0.27	0.77	0.11	0.4	-0.52	0.7	0.56	-0.24		-0.15	0.0	0.18	-0.68	0.78	0.73	0.59
Long Term Debt	-0.27	-0.27	-0.36	-0.27	-0.19	-0.22	-0.27	-0.11	0.41	-0.06	-0.03	-0.27	-0.14	-0.37	-0.14	0.29	-0.15		0.21	-0.05	0.4	-0.13	0.21	-0.1
Short Long Term Debt	-0.63	-0.58	-0.74	-0.6	-0.57	-0.59	-0.7	-0.48	0.2	-0.42	-0.38	-0.7	-0.64	-0.58	-0.5	0.64	0.0	0.21		-0.83	0.48	-0.5	-0.4	-0.34
Deferred Long Term Liab	0.77	0.72	0.8	0.74	0.68	0.7	0.83	0.68	0.09	0.6	0.48	0.81	0.6	0.73	0.69	-0.73	0.18	-0.05	-0.83		-0.63	0.69	0.65	0.43
Long Term Debt Total	-0.81	-0.8	-0.73	-0.81	-0.68	-0.72	-0.81	-0.84	-0.13	-0.85	-0.38	-0.71	-0.1	-0.88	-0.88	0.59	-0.68	0.4	0.48	-0.63		-0.9	-0.76	-0.46
Net Invested Capital	0.89	0.89	0.69	0.93	0.85	0.87	0.87	0.96	0.3	0.95	0.36	0.79	0.05	0.95	0.87	-0.58	0.78	-0.13	-0.5	0.69	-0.9		0.93	0.66
Net Working Capital	0.78	0.77	0.55	0.8	0.75	0.76	0.76	0.92	0.42	0.94	0.31	0.67	-0.03	0.8	0.81	-0.47	0.73	0.21	-0.4	0.65	-0.76	0.93		0.54
Capital Stock	0.59	0.63	0.3	0.7	0.77	0.73	0.5	0.6	0.01	0.51	0.2	0.55	-0.01	0.67	0.33	-0.25	0.59	-0.1	-0.34	0.43	-0.46	0.66	0.54

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 Nice

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

Nice Current Valuation Drivers

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

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	6.6B	9.6B	20.5B	12.2B	13.3B	14.0B
Enterprise Value	6.8B	10.0B	21.0B	12.5B	13.6B	14.2B

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

Environmental

Governance

Social

Nice Institutional Holders

Institutional Holdings refers to the ownership stake in Nice that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nice'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 Nice's value.

		Shares
Hhg Plc	2024-06-30	1.1 M
Morgan Stanley - Brokerage Accounts	2024-06-30	1.1 M
Menora Mivtachim Holdings Limited	2024-06-30	1 M
Massachusetts Financial Services Company	2024-09-30	1 M
Vulcan Value Partners, Llc	2024-09-30	1 M
Rgm Capital Llc	2024-09-30	833.3 K
Fmr Inc	2024-09-30	815.8 K
Ccla Investment Management Ltd	2024-09-30	617.5 K
Rivulet Capital, Llc	2024-09-30	616 K
Capital Research Global Investors	2024-09-30	2.8 M
Black Creek Investment Management Inc	2024-09-30	1.9 M

Nice Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0606
	Profit Margin	0.16 %
	Operating Margin	0.19 %
	Current Valuation	9.83 B
	Shares Outstanding	62.87 M
	Shares Owned By Institutions	62.16 %
	Number Of Shares Shorted	2.12 M
	Price To Earning	64.39 X
	Price To Book	3.10 X
	Price To Sales	4.35 X
	Revenue	2.38 B
	Gross Profit	1.5 B
	EBITDA	633.23 M
	Net Income	338.3 M
	Cash And Equivalents	1.43 B
	Cash Per Share	22.48 X
	Total Debt	782.97 M
	Debt To Equity	0.27 %
	Current Ratio	2.00 X
	Book Value Per Share	53.14 X
	Cash Flow From Operations	561.43 M
	Short Ratio	4.74 X
	Earnings Per Share	6.47 X
	Price To Earnings To Growth	1.21 X
	Target Price	251.41
	Number Of Employees	8.38 K
	Beta	0.4
	Market Capitalization	11.08 B
	Total Asset	5.12 B
	Retained Earnings	2.26 B
	Working Capital	1.19 B
	Current Asset	655.15 M
	Current Liabilities	399.06 M
	Net Asset	5.12 B

About Nice Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nice Ltd ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nice using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nice Ltd ADR 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 Nice Ltd ADR is a strong investment it is important to analyze Nice'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 Nice's future performance. For an informed investment choice regarding Nice Stock, refer to the following important reports:

How To Invest In Nice

Details

Is Nice Stock a good investment?

Details

What is Nice's Net Worth?

Details

Largest Application Software Companies

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Largest Software - Application Companies

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Check out Nice Piotroski F Score and Nice Valuation analysis.

You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.

Is Application Software 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 Nice. If investors know Nice 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 Nice 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

0.344

Earnings Share

6.47

Revenue Per Share

1.6083

Quarterly Revenue Growth

0.143

Return On Assets

0.0606

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Nice Ltd Adr Stock Z Score

Nice Ltd ADR 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 )

Nice Z Score Driver Correlations

Nice Current Valuation Drivers

Nice ESG Sustainability

Nice Institutional Holders

Nice Fundamentals

About Nice Fundamental Analysis

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