Petroleo Brasileiro Petrobras Stock Z Score

PBR Stock

USD 14.79 0.11 0.74%

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 Petroleo Brasileiro Piotroski F Score and Petroleo Brasileiro Valuation analysis.

At this time, Petroleo Brasileiro's Capital Lease Obligations is relatively stable compared to the past year. As of 11/26/2024, Net Invested Capital is likely to grow to about 547.2 B, while Change In Working Capital is likely to drop (2.5 B). At this time, Petroleo Brasileiro's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 11/26/2024, Net Income From Continuing Ops is likely to grow to about 28.3 B, while Interest Expense is likely to drop slightly above 2.6 B.

Petroleo Brasileiro Petrobras Company Z Score Analysis

Petroleo Brasileiro'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 )

Petroleo Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.97	0.79	0.7	0.96	0.96	0.7	0.93	0.98	0.64	0.49	0.0	-0.2	0.88	0.71	0.86	0.21	0.27	0.38	0.37	0.27	-0.03	0.34	-0.13
Total Stockholder Equity	0.97		0.64	0.78	0.98	0.99	0.77	0.81	0.97	0.61	0.33	-0.21	-0.34	0.86	0.71	0.92	0.29	0.4	0.55	0.39	0.28	-0.01	0.32	-0.1
Net Debt	0.79	0.64		0.28	0.69	0.63	0.34	0.92	0.74	0.54	0.6	0.41	-0.06	0.74	0.69	0.47	-0.06	-0.03	0.05	0.5	0.4	-0.17	0.5	-0.3
Retained Earnings	0.7	0.78	0.28		0.74	0.77	0.63	0.5	0.67	0.3	0.26	-0.26	-0.19	0.67	0.46	0.81	0.18	0.39	0.6	0.16	0.04	0.14	0.06	0.1
Accounts Payable	0.96	0.98	0.69	0.74		0.99	0.73	0.82	0.95	0.6	0.34	-0.2	-0.34	0.87	0.73	0.9	0.24	0.37	0.53	0.45	0.33	-0.06	0.34	-0.14
Net Receivables	0.96	0.99	0.63	0.77	0.99		0.76	0.8	0.97	0.65	0.29	-0.2	-0.34	0.85	0.7	0.93	0.21	0.38	0.54	0.41	0.29	-0.01	0.32	-0.09
Short Term Investments	0.7	0.77	0.34	0.63	0.73	0.76		0.53	0.72	0.51	0.17	-0.36	-0.11	0.42	0.43	0.65	0.36	0.75	0.4	0.1	0.01	0.53	-0.02	0.46
Total Liab	0.93	0.81	0.92	0.5	0.82	0.8	0.53		0.88	0.62	0.68	0.29	0.03	0.8	0.62	0.67	0.09	0.05	0.1	0.3	0.22	-0.07	0.32	-0.16
Total Current Assets	0.98	0.97	0.74	0.67	0.95	0.97	0.72	0.88		0.66	0.37	0.0	-0.25	0.84	0.72	0.85	0.18	0.28	0.42	0.4	0.37	-0.01	0.4	-0.12
Short Term Debt	0.64	0.61	0.54	0.3	0.6	0.65	0.51	0.62	0.66		0.31	0.0	-0.05	0.49	0.31	0.59	-0.18	0.11	0.08	0.24	0.11	0.06	0.09	0.02
Common Stock	0.49	0.33	0.6	0.26	0.34	0.29	0.17	0.68	0.37	0.31		0.33	0.36	0.4	0.08	0.18	-0.09	-0.3	-0.4	-0.24	-0.16	-0.08	-0.15	-0.03
Long Term Debt	0.0	-0.21	0.41	-0.26	-0.2	-0.2	-0.36	0.29	0.0	0.0	0.33		0.51	-0.06	0.06	-0.28	-0.39	-0.57	-0.49	0.01	0.05	-0.07	0.23	-0.15
Property Plant Equipment	-0.2	-0.34	-0.06	-0.19	-0.34	-0.34	-0.11	0.03	-0.25	-0.05	0.36	0.51		-0.43	-0.58	-0.35	-0.16	-0.28	-0.71	-0.67	-0.62	0.43	-0.64	0.52
Current Deferred Revenue	0.88	0.86	0.74	0.67	0.87	0.85	0.42	0.8	0.84	0.49	0.4	-0.06	-0.43		0.73	0.84	0.11	0.11	0.49	0.55	0.46	-0.33	0.5	-0.43
Good Will	0.71	0.71	0.69	0.46	0.73	0.7	0.43	0.62	0.72	0.31	0.08	0.06	-0.58	0.73		0.61	0.25	0.33	0.68	0.85	0.71	-0.22	0.84	-0.42
Intangible Assets	0.86	0.92	0.47	0.81	0.9	0.93	0.65	0.67	0.85	0.59	0.18	-0.28	-0.35	0.84	0.61		0.27	0.32	0.6	0.4	0.2	-0.13	0.25	-0.19
Net Tangible Assets	0.21	0.29	-0.06	0.18	0.24	0.21	0.36	0.09	0.18	-0.18	-0.09	-0.39	-0.16	0.11	0.25	0.27		0.51	0.45	0.04	-0.03	0.04	0.07	0.0
Long Term Investments	0.27	0.4	-0.03	0.39	0.37	0.38	0.75	0.05	0.28	0.11	-0.3	-0.57	-0.28	0.11	0.33	0.32	0.51		0.62	0.2	0.02	0.63	0.0	0.53
Short Long Term Debt	0.38	0.55	0.05	0.6	0.53	0.54	0.4	0.1	0.42	0.08	-0.4	-0.49	-0.71	0.49	0.68	0.6	0.45	0.62		0.64	0.46	-0.06	0.51	-0.19
Long Term Debt Total	0.37	0.39	0.5	0.16	0.45	0.41	0.1	0.3	0.4	0.24	-0.24	0.01	-0.67	0.55	0.85	0.4	0.04	0.2	0.64		0.8	-0.38	0.87	-0.57
Cash And Equivalents	0.27	0.28	0.4	0.04	0.33	0.29	0.01	0.22	0.37	0.11	-0.16	0.05	-0.62	0.46	0.71	0.2	-0.03	0.02	0.46	0.8		-0.34	0.9	-0.51
Net Invested Capital	-0.03	-0.01	-0.17	0.14	-0.06	-0.01	0.53	-0.07	-0.01	0.06	-0.08	-0.07	0.43	-0.33	-0.22	-0.13	0.04	0.63	-0.06	-0.38	-0.34		-0.44	0.97
Net Working Capital	0.34	0.32	0.5	0.06	0.34	0.32	-0.02	0.32	0.4	0.09	-0.15	0.23	-0.64	0.5	0.84	0.25	0.07	0.0	0.51	0.87	0.9	-0.44		-0.64
Capital Stock	-0.13	-0.1	-0.3	0.1	-0.14	-0.09	0.46	-0.16	-0.12	0.02	-0.03	-0.15	0.52	-0.43	-0.42	-0.19	0.0	0.53	-0.19	-0.57	-0.51	0.97	-0.64

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 Petroleo Brasileiro

Based on the company's disclosures, Petroleo Brasileiro Petrobras has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.

Petroleo Brasileiro Current Valuation Drivers

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

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	97.8B	40.1B	44.6B	41.0B	94.5B	54.5B
Enterprise Value	153.7B	82.3B	69.8B	63.0B	144.4B	89.5B

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

Environmental

Governance

Social

Petroleo Brasileiro Institutional Holders

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

		Shares
Ubs Asset Mgmt Americas Inc	2024-09-30	9.8 M
Mondrian Investment Partners Ltd	2024-09-30	9.6 M
T. Rowe Price Associates, Inc.	2024-06-30	8.7 M
Goldman Sachs Group Inc	2024-06-30	8.4 M
Massachusetts Financial Services Company	2024-09-30	8.2 M
Thornburg Investment Management Inc	2024-09-30	7.7 M
Encompass Capital Advisors Llc	2024-09-30	6 M
Rwc Asset Advisors (us) Llc	2024-09-30	5.5 M
Acadian Asset Management Llc	2024-06-30	5.4 M
Gqg Partners Llc	2024-09-30	231.2 M
Baillie Gifford & Co Limited.	2024-09-30	62.1 M

Petroleo Fundamentals

	Return On Equity	0.22
	Return On Asset	0.11
	Profit Margin	0.17 %
	Operating Margin	0.40 %
	Current Valuation	137.32 B
	Shares Outstanding	3.72 B
	Shares Owned By Institutions	19.90 %
	Number Of Shares Shorted	26.14 M
	Price To Earning	55.70 X
	Price To Book	1.32 X
	Price To Sales	0.18 X
	Revenue	105.54 B
	Gross Profit	334.1 B
	EBITDA	51.23 B
	Net Income	25.69 B
	Cash And Equivalents	40.6 B
	Cash Per Share	15.37 X
	Total Debt	62.6 B
	Debt To Equity	0.68 %
	Current Ratio	1.31 X
	Book Value Per Share	30.54 X
	Cash Flow From Operations	41.29 B
	Short Ratio	2.08 X
	Earnings Per Share	2.56 X
	Price To Earnings To Growth	2.72 X
	Target Price	16.91
	Number Of Employees	46.73 K
	Beta	0.91
	Market Capitalization	92.23 B
	Total Asset	217.07 B
	Retained Earnings	32.77 B
	Working Capital	(6.87 B)
	Current Asset	43.43 B
	Current Liabilities	28.57 B
	Annual Yield	0.12 %
	Net Asset	217.07 B
	Last Dividend Paid	6.08

About Petroleo Brasileiro Fundamental Analysis

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

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 Petroleo Brasileiro 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 Petroleo Brasileiro will appreciate offsetting losses from the drop in the long position's value.

Moving together with Petroleo Stock

0.78	BP	BP PLC ADR	Pair Corr
0.85	EC	Ecopetrol SA ADR	Pair Corr

Moving against Petroleo Stock

0.6	LB	LandBridge Company	Pair Corr
0.45	EE	Excelerate Energy	Pair Corr
0.41	TGS	Transportadora de Gas	Pair Corr
0.37	CVX	Chevron Corp Fiscal Year End 7th of February 2025	Pair Corr
0.36	NFG	National Fuel Gas	Pair Corr

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

The correlation of Petroleo Brasileiro 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 Petroleo Brasileiro moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Petroleo Brasileiro 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 Petroleo Brasileiro 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

Additional Tools for Petroleo Stock Analysis

When running Petroleo Brasileiro's price analysis, check to measure Petroleo Brasileiro'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 Petroleo Brasileiro is operating at the current time. Most of Petroleo Brasileiro's value examination focuses on studying past and present price action to predict the probability of Petroleo Brasileiro's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Petroleo Brasileiro's price. Additionally, you may evaluate how the addition of Petroleo Brasileiro to your portfolios can decrease your overall portfolio volatility.

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Petroleo Brasileiro Petrobras Stock Z Score

Petroleo Brasileiro Petrobras 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 )

Petroleo Z Score Driver Correlations

Petroleo Brasileiro Current Valuation Drivers

Petroleo Brasileiro ESG Sustainability

Petroleo Brasileiro Institutional Holders

Petroleo Fundamentals

About Petroleo Brasileiro Fundamental Analysis

Pair Trading with Petroleo Brasileiro

Moving together with Petroleo Stock

Moving against Petroleo Stock

Additional Tools for Petroleo Stock Analysis

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