| RC2 Stock | | | EUR 20.20 0.20 1.00% |
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
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RCM TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For information on how to trade RCM Stock refer to our
How to Trade RCM Stock guide.
RCM TECHNOLOGIES Company Z Score Analysis
RCM TECHNOLOGIES'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..
Current RCM TECHNOLOGIES Z Score | | | | 5.0 |
Most of RCM TECHNOLOGIES's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, RCM TECHNOLOGIES is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
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| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
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| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
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| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
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| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
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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.
Based on the company's disclosures, RCM TECHNOLOGIES has a Z Score of 5.0. This is much higher than that of the Other sector and significantly higher than that of the
Other industry. The z score for all Germany stocks is notably lower than that of the firm.
RCM Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RCM TECHNOLOGIES's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of RCM TECHNOLOGIES could also be used in its relative valuation, which is a method of valuing RCM TECHNOLOGIES by comparing valuation metrics of similar companies.
RCM TECHNOLOGIES is currently under evaluation in z score category among its peers.
RCM Fundamentals
About RCM TECHNOLOGIES Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RCM TECHNOLOGIES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RCM TECHNOLOGIES using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of RCM TECHNOLOGIES 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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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Additional Information and Resources on Investing in RCM Stock
When determining whether RCM TECHNOLOGIES is a good investment, qualitative aspects like company
management, corporate governance, and ethical practices play a significant role. A
comparison with peer companies also provides context and helps to understand if RCM Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Rcm Technologies Stock.
Highlighted below are key reports to facilitate an investment decision about Rcm Technologies Stock: Check out
Your Equity Center to better understand how to build diversified portfolios, which includes a position in RCM TECHNOLOGIES. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
For information on how to trade RCM Stock refer to our
How to Trade RCM Stock guide.
You can also try the
Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Please note, there is a significant difference between RCM TECHNOLOGIES's value and its price as these two are different measures arrived at by different means. Investors typically determine if RCM TECHNOLOGIES is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RCM TECHNOLOGIES'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.