Orion Group Holdings Stock Z Score

ORN Stock

USD 8.55 0.18 2.06%

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 Orion Group Piotroski F Score and Orion Group Valuation analysis.

At this time, Orion Group's Additional Paid In Capital is very stable compared to the past year. As of the 22nd of November 2024, Net Invested Capital is likely to grow to about 166.9 M, while Capital Surpluse is likely to drop about 191 M. At this time, Orion Group's Interest Expense is very stable compared to the past year. As of the 22nd of November 2024, EBITDA is likely to grow to about 29.3 M, while Depreciation And Amortization is likely to drop about 23.6 M.

Orion Group Holdings Company Z Score Analysis

Orion Group'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 )

Orion Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Total Current Assets	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Current Deferred Revenue	Treasury Stock	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Long Term Debt Total	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.54	0.65	0.8	0.88	0.02	0.58	0.39	0.76	0.5	0.3	0.38	0.78	0.66	0.46	-0.83	-0.61	0.44	-0.27	-0.57	0.5	-0.45	0.14	-0.21	-0.09	0.15
Total Stockholder Equity	0.54		-0.1	-0.06	0.15	0.72	-0.27	0.03	-0.11	0.76	-0.11	0.33	0.26	0.86	-0.23	-0.15	0.2	-0.34	0.45	-0.33	0.2	0.13	-0.17	0.5	0.4	-0.33
Net Debt	0.65	-0.1		0.85	0.66	-0.4	0.71	0.77	0.8	0.2	0.23	0.4	0.44	0.2	0.6	-0.86	-0.89	0.52	-0.5	-0.4	0.73	-0.66	0.32	-0.41	-0.32	0.24
Total Liab	0.8	-0.06	0.85		0.94	-0.49	0.88	0.44	0.98	0.05	0.44	0.22	0.74	0.18	0.71	-0.88	-0.87	0.77	-0.64	-0.45	0.45	-0.62	0.28	-0.6	-0.39	0.41
Total Current Assets	0.88	0.15	0.66	0.94		-0.38	0.82	0.19	0.94	0.08	0.55	0.15	0.89	0.28	0.67	-0.84	-0.74	0.77	-0.6	-0.48	0.24	-0.45	0.25	-0.59	-0.4	0.47
Retained Earnings	0.02	0.72	-0.4	-0.49	-0.38		-0.63	0.0	-0.53	0.77	-0.54	0.24	-0.4	0.49	-0.71	0.42	0.67	-0.81	0.91	-0.02	0.16	0.36	-0.45	0.95	0.8	-0.78
Accounts Payable	0.58	-0.27	0.71	0.88	0.82	-0.63		0.25	0.89	-0.15	0.54	0.04	0.68	-0.12	0.74	-0.73	-0.84	0.8	-0.7	-0.3	0.22	-0.4	0.25	-0.69	-0.56	0.56
Long Term Debt	0.39	0.03	0.77	0.44	0.19	0.0	0.25		0.32	0.46	-0.36	0.55	-0.04	0.33	0.24	-0.48	-0.55	0.05	-0.03	-0.25	0.93	-0.73	0.02	0.1	0.23	-0.23
Net Receivables	0.76	-0.11	0.8	0.98	0.94	-0.53	0.89	0.32		-0.02	0.51	0.12	0.75	0.07	0.71	-0.85	-0.82	0.78	-0.68	-0.42	0.33	-0.53	0.3	-0.65	-0.46	0.47
Good Will	0.5	0.76	0.2	0.05	0.08	0.77	-0.15	0.46	-0.02		-0.29	0.51	-0.05	0.67	-0.23	-0.16	0.05	-0.39	0.6	-0.27	0.57	0.0	-0.15	0.69	0.6	-0.52
Short Term Debt	0.3	-0.11	0.23	0.44	0.55	-0.54	0.54	-0.36	0.51	-0.29		-0.23	0.59	-0.15	0.62	-0.42	-0.43	0.71	-0.56	-0.23	-0.43	0.24	0.47	-0.67	-0.73	0.84
Intangible Assets	0.38	0.33	0.4	0.22	0.15	0.24	0.04	0.55	0.12	0.51	-0.23		0.1	0.39	-0.07	-0.37	-0.28	-0.1	0.14	0.06	0.6	-0.32	0.01	0.18	0.17	-0.19
Common Stock	0.78	0.26	0.44	0.74	0.89	-0.4	0.68	-0.04	0.75	-0.05	0.59	0.1		0.38	0.56	-0.81	-0.65	0.72	-0.68	-0.42	0.06	-0.3	0.39	-0.65	-0.56	0.52
Property Plant Equipment	0.66	0.86	0.2	0.18	0.28	0.49	-0.12	0.33	0.07	0.67	-0.15	0.39	0.38		-0.07	-0.4	-0.09	-0.15	0.2	-0.48	0.49	-0.23	-0.01	0.3	0.3	-0.31
Current Deferred Revenue	0.46	-0.23	0.6	0.71	0.67	-0.71	0.74	0.24	0.71	-0.23	0.62	-0.07	0.56	-0.07		-0.62	-0.79	0.86	-0.71	-0.28	0.04	-0.47	0.28	-0.74	-0.49	0.8
Treasury Stock	-0.83	-0.15	-0.86	-0.88	-0.84	0.42	-0.73	-0.48	-0.85	-0.16	-0.42	-0.37	-0.81	-0.4	-0.62		0.89	-0.64	0.67	0.45	-0.53	0.57	-0.49	0.57	0.51	-0.39
Net Tangible Assets	-0.61	0.2	-0.89	-0.87	-0.74	0.67	-0.84	-0.55	-0.82	0.05	-0.43	-0.28	-0.65	-0.09	-0.79	0.89		-0.78	0.76	0.31	-0.47	0.63	-0.49	0.7	0.57	-0.55
Capital Surpluse	0.44	-0.34	0.52	0.77	0.77	-0.81	0.8	0.05	0.78	-0.39	0.71	-0.1	0.72	-0.15	0.86	-0.64	-0.78		-0.84	-0.27	-0.07	-0.41	0.46	-0.88	-0.64	0.8
Deferred Long Term Liab	-0.27	0.45	-0.5	-0.64	-0.6	0.91	-0.7	-0.03	-0.68	0.6	-0.56	0.14	-0.68	0.2	-0.71	0.67	0.76	-0.84		0.13	0.03	0.43	-0.59	0.96	0.84	-0.72
Long Term Investments	-0.57	-0.33	-0.4	-0.45	-0.48	-0.02	-0.3	-0.25	-0.42	-0.27	-0.23	0.06	-0.42	-0.48	-0.28	0.45	0.31	-0.27	0.13		-0.3	0.24	-0.07	0.09	0.07	-0.07
Long Term Debt Total	0.5	0.2	0.73	0.45	0.24	0.16	0.22	0.93	0.33	0.57	-0.43	0.6	0.06	0.49	0.04	-0.53	-0.47	-0.07	0.03	-0.3		-0.66	0.04	0.2	0.26	-0.43
Short Long Term Debt	-0.45	0.13	-0.66	-0.62	-0.45	0.36	-0.4	-0.73	-0.53	0.0	0.24	-0.32	-0.3	-0.23	-0.47	0.57	0.63	-0.41	0.43	0.24	-0.66		0.01	0.33	-0.02	-0.05
Cash And Equivalents	0.14	-0.17	0.32	0.28	0.25	-0.45	0.25	0.02	0.3	-0.15	0.47	0.01	0.39	-0.01	0.28	-0.49	-0.49	0.46	-0.59	-0.07	0.04	0.01		-0.47	-0.61	0.35
Net Invested Capital	-0.21	0.5	-0.41	-0.6	-0.59	0.95	-0.69	0.1	-0.65	0.69	-0.67	0.18	-0.65	0.3	-0.74	0.57	0.7	-0.88	0.96	0.09	0.2	0.33	-0.47		0.86	-0.85
Net Working Capital	-0.09	0.4	-0.32	-0.39	-0.4	0.8	-0.56	0.23	-0.46	0.6	-0.73	0.17	-0.56	0.3	-0.49	0.51	0.57	-0.64	0.84	0.07	0.26	-0.02	-0.61	0.86		-0.77
Capital Stock	0.15	-0.33	0.24	0.41	0.47	-0.78	0.56	-0.23	0.47	-0.52	0.84	-0.19	0.52	-0.31	0.8	-0.39	-0.55	0.8	-0.72	-0.07	-0.43	-0.05	0.35	-0.85	-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 Orion Group

Based on the company's disclosures, Orion Group Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Construction & Engineering sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Orion Group Current Valuation Drivers

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

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	152.2M	149.4M	116.0M	74.7M	159.8M	236.5M
Enterprise Value	248.9M	213.5M	172.9M	137.5M	214.3M	266.5M

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

Environmental

Governance

Social

Orion Group Institutional Holders

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

		Shares
Formula Growth Ltd	2024-09-30	606 K
Acuitas Investments, Llc	2024-06-30	582.9 K
Acadian Asset Management Llc	2024-06-30	517.2 K
Next Century Growth Investors Llc	2024-06-30	468.7 K
State Street Corp	2024-06-30	433.9 K
Bridgeway Capital Management, Llc	2024-06-30	420.6 K
Renaissance Technologies Corp	2024-09-30	406.6 K
Centerbook Partners Lp	2024-06-30	325.7 K
Nuveen Asset Management, Llc	2024-06-30	318 K
Brandes Investment Partners & Co	2024-06-30	2.8 M
Blackrock Inc	2024-06-30	2.1 M

Orion Fundamentals

	Return On Equity	-0.0952
	Return On Asset	0.0087
	Profit Margin	(0.02) %
	Operating Margin	0.03 %
	Current Valuation	416.01 M
	Shares Outstanding	38.9 M
	Shares Owned By Insiders	7.00 %
	Shares Owned By Institutions	76.07 %
	Number Of Shares Shorted	1.52 M
	Price To Earning	4.01 X
	Price To Book	2.38 X
	Price To Sales	0.43 X
	Revenue	711.78 M
	Gross Profit	50.74 M
	EBITDA	24.75 M
	Net Income	(17.88 M)
	Cash And Equivalents	3.78 M
	Cash Per Share	0.26 X
	Total Debt	85.49 M
	Debt To Equity	0.58 %
	Current Ratio	1.18 X
	Book Value Per Share	3.66 X
	Cash Flow From Operations	17.18 M
	Short Ratio	3.88 X
	Earnings Per Share	(0.38) X
	Price To Earnings To Growth	0.96 X
	Target Price	11.33
	Number Of Employees	1.8 K
	Beta	0.8
	Market Capitalization	339.61 M
	Total Asset	416.89 M
	Retained Earnings	(62.05 M)
	Working Capital	55.9 M
	Current Asset	178.72 M
	Current Liabilities	117.84 M
	Net Asset	416.89 M

About Orion Group Fundamental Analysis

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

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 Orion Group 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 Orion Group will appreciate offsetting losses from the drop in the long position's value.

Moving together with Orion Stock

0.61

ESOA

Energy Services Fiscal Year End 16th of December 2024

Pair Corr

Moving against Orion Stock

0.52	PGHL	Primega Group Holdings Upward Rally	Pair Corr
0.37	VATE	Innovate Corp Trending	Pair Corr
0.36	DY	Dycom Industries	Pair Corr
0.36	BLD	Topbuild Corp	Pair Corr

The ability to find closely correlated positions to Orion Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Orion Group 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 Orion Group - 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 Orion Group Holdings to buy it.

The correlation of Orion Group 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 Orion Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Orion Group Holdings 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 Orion Group 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 Orion Group Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Orion Group'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 Orion Group Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Orion Group Holdings Stock:

How To Invest In Orion

Details

Is Orion Stock a good investment?

Details

What is Orion Group's Net Worth?

Details

Largest Construction & Engineering Companies

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Largest Engineering & Construction Companies

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Check out Orion Group Piotroski F Score and Orion Group Valuation analysis.

You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Is Construction & Engineering 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 Orion Group. If investors know Orion 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 Orion Group 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

0.629

Earnings Share

(0.38)

Revenue Per Share

23.545

Quarterly Revenue Growth

0.345

Return On Assets

0.0087

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

Orion Group Holdings 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 )

Orion Z Score Driver Correlations

Orion Group Current Valuation Drivers

Orion Group ESG Sustainability

Orion Group Institutional Holders

Orion Fundamentals

About Orion Group Fundamental Analysis

Pair Trading with Orion Group

Moving together with Orion Stock

Moving against Orion Stock

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