Rf Industries Stock Z Score

RFIL Stock

USD 4.16 0.12 2.97%

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 RF Industries Piotroski F Score and RF Industries Valuation analysis.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

At this time, RF Industries' Additional Paid In Capital is quite stable compared to the past year. Capital Lease Obligations is expected to rise to about 24.9 M this year, although the value of Net Invested Capital will most likely fall to about 41.9 M. At this time, RF Industries' Cost Of Revenue is quite stable compared to the past year. Total Operating Expenses is expected to rise to about 28.2 M this year, although the value of Operating Income is projected to rise to (3.2 M).

RF Industries Company Z Score Analysis

RF Industries' 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 )

RFIL Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Common Stock	Short Term Debt	Property Plant Equipment	Long Term Debt	Good Will	Intangible Assets	Net Tangible Assets	Capital Surpluse	Long Term Investments	Accumulated Depreciation	Current Deferred Revenue	Net Invested Capital	Net Working Capital	Capital Stock	Short Long Term Debt
Total Assets		0.92	0.88	0.7	0.88	0.81	0.98	0.87	0.5	0.9	0.96	0.89	0.85	0.96	0.15	0.67	0.68	-0.52	0.01	0.91	0.69	0.89	0.87
Total Stockholder Equity	0.92		0.62	0.8	0.85	0.86	0.81	0.97	0.69	0.76	0.77	0.83	0.71	0.79	0.44	0.8	0.57	-0.6	0.27	0.82	0.8	0.79	0.73
Net Debt	0.88	0.62		0.43	0.73	0.6	0.96	0.56	0.18	0.87	0.97	0.78	0.84	0.95	-0.25	0.37	0.68	-0.31	-0.26	0.8	0.4	0.82	0.85
Retained Earnings	0.7	0.8	0.43		0.77	0.78	0.6	0.85	0.68	0.49	0.58	0.74	0.58	0.56	0.43	0.63	0.3	-0.34	0.02	0.8	0.7	0.63	0.65
Accounts Payable	0.88	0.85	0.73	0.77		0.94	0.83	0.9	0.52	0.79	0.81	0.91	0.73	0.83	0.21	0.66	0.42	-0.59	0.17	0.88	0.77	0.72	0.69
Net Receivables	0.81	0.86	0.6	0.78	0.94		0.73	0.91	0.54	0.66	0.7	0.87	0.56	0.7	0.41	0.69	0.41	-0.63	0.31	0.83	0.88	0.7	0.65
Total Liab	0.98	0.81	0.96	0.6	0.83	0.73		0.76	0.36	0.91	1.0	0.86	0.86	0.98	-0.02	0.55	0.7	-0.43	-0.13	0.89	0.58	0.88	0.88
Total Current Assets	0.87	0.97	0.56	0.85	0.9	0.91	0.76		0.66	0.72	0.72	0.84	0.61	0.73	0.53	0.78	0.46	-0.62	0.26	0.84	0.88	0.73	0.66
Common Stock	0.5	0.69	0.18	0.68	0.52	0.54	0.36	0.66		0.46	0.32	0.4	0.46	0.4	0.35	0.87	0.21	-0.56	0.42	0.58	0.53	0.45	0.47
Short Term Debt	0.9	0.76	0.87	0.49	0.79	0.66	0.91	0.72	0.46		0.9	0.69	0.86	0.94	-0.1	0.62	0.59	-0.53	-0.02	0.8	0.51	0.73	0.7
Property Plant Equipment	0.96	0.77	0.97	0.58	0.81	0.7	1.0	0.72	0.32	0.9		0.85	0.86	0.97	-0.08	0.5	0.7	-0.38	-0.19	0.87	0.54	0.87	0.88
Long Term Debt	0.89	0.83	0.78	0.74	0.91	0.87	0.86	0.84	0.4	0.69	0.85		0.7	0.83	0.24	0.6	0.55	-0.52	0.12	0.89	0.76	0.84	0.84
Good Will	0.85	0.71	0.84	0.58	0.73	0.56	0.86	0.61	0.46	0.86	0.86	0.7		0.92	-0.26	0.49	0.48	-0.32	-0.14	0.73	0.29	0.68	0.74
Intangible Assets	0.96	0.79	0.95	0.56	0.83	0.7	0.98	0.73	0.4	0.94	0.97	0.83	0.92		-0.1	0.58	0.67	-0.47	-0.05	0.86	0.52	0.85	0.84
Net Tangible Assets	0.15	0.44	-0.25	0.43	0.21	0.41	-0.02	0.53	0.35	-0.1	-0.08	0.24	-0.26	-0.1		0.46	0.03	-0.44	0.49	0.22	0.7	0.18	0.03
Capital Surpluse	0.67	0.8	0.37	0.63	0.66	0.69	0.55	0.78	0.87	0.62	0.5	0.6	0.49	0.58	0.46		0.39	-0.85	0.55	0.74	0.76	0.64	0.6
Long Term Investments	0.68	0.57	0.68	0.3	0.42	0.41	0.7	0.46	0.21	0.59	0.7	0.55	0.48	0.67	0.03	0.39		-0.15	-0.09	0.56	0.38	0.87	0.73
Accumulated Depreciation	-0.52	-0.6	-0.31	-0.34	-0.59	-0.63	-0.43	-0.62	-0.56	-0.53	-0.38	-0.52	-0.32	-0.47	-0.44	-0.85	-0.15		-0.7	-0.59	-0.74	-0.42	-0.38
Current Deferred Revenue	0.01	0.27	-0.26	0.02	0.17	0.31	-0.13	0.26	0.42	-0.02	-0.19	0.12	-0.14	-0.05	0.49	0.55	-0.09	-0.7		0.03	0.45	0.0	-0.07
Net Invested Capital	0.91	0.82	0.8	0.8	0.88	0.83	0.89	0.84	0.58	0.8	0.87	0.89	0.73	0.86	0.22	0.74	0.56	-0.59	0.03		0.77	0.88	0.89
Net Working Capital	0.69	0.8	0.4	0.7	0.77	0.88	0.58	0.88	0.53	0.51	0.54	0.76	0.29	0.52	0.7	0.76	0.38	-0.74	0.45	0.77		0.65	0.57
Capital Stock	0.89	0.79	0.82	0.63	0.72	0.7	0.88	0.73	0.45	0.73	0.87	0.84	0.68	0.85	0.18	0.64	0.87	-0.42	0.0	0.88	0.65		0.94
Short Long Term Debt	0.87	0.73	0.85	0.65	0.69	0.65	0.88	0.66	0.47	0.7	0.88	0.84	0.74	0.84	0.03	0.6	0.73	-0.38	-0.07	0.89	0.57	0.94

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 RF Industries

Based on the company's disclosures, RF Industries has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components 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.

RF Industries Current Valuation Drivers

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

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	41.4M	76.1M	54.8M	30.4M	27.4M	23.3M
Enterprise Value	29.1M	63.8M	82.7M	60.3M	54.3M	57.0M

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

Environmental

Governance

Social

RF Industries Institutional Holders

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

		Shares
Northern Trust Corp	2024-09-30	14.2 K
Ubs Group Ag	2024-06-30	11.6 K
Morgan Stanley - Brokerage Accounts	2024-06-30	5.9 K
Citadel Advisors Llc	2024-09-30	5.4 K
Td Waterhouse Canada Inc	2024-06-30	3.5 K
Founders Capital Management Inc	2024-06-30	3 K
Tower Research Capital Llc	2024-06-30	2.5 K
Goss Wealth Management Llc	2024-06-30	2 K
Federation Des Caisses Desjardins Du Quebec	2024-06-30	1.4 K
Punch & Associates Inv Mgmt Inc	2024-09-30	998.4 K
Renaissance Technologies Corp	2024-09-30	476.3 K

RFIL Fundamentals

	Return On Equity	-0.19
	Return On Asset	-0.0244
	Profit Margin	(0.12) %
	Operating Margin	(0.02) %
	Current Valuation	69.98 M
	Shares Outstanding	10.49 M
	Shares Owned By Insiders	21.90 %
	Shares Owned By Institutions	23.72 %
	Number Of Shares Shorted	25.23 K
	Price To Earning	28.56 X
	Price To Book	1.24 X
	Price To Sales	0.68 X
	Revenue	72.17 M
	Gross Profit	24.55 M
	EBITDA	(3.8 M)
	Net Income	(3.08 M)
	Cash And Equivalents	5.09 M
	Cash Per Share	0.50 X
	Total Debt	34.74 M
	Debt To Equity	0.80 %
	Current Ratio	2.77 X
	Book Value Per Share	3.25 X
	Cash Flow From Operations	4.18 M
	Short Ratio	1.60 X
	Earnings Per Share	(0.69) X
	Target Price	4.5
	Number Of Employees	321
	Beta	1.0
	Market Capitalization	42.39 M
	Total Asset	87.23 M
	Retained Earnings	13.57 M
	Working Capital	23.53 M
	Current Asset	16.79 M
	Current Liabilities	3.91 M
	Five Year Return	2.82 %
	Net Asset	87.23 M

About RF Industries Fundamental Analysis

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

How To Invest In RFIL

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Is RFIL Stock a good investment?

Details

What is RF Industries' Net Worth?

Details

Largest Electronic Equipment, Instruments & Components Companies

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Largest Technology Hardware & Equipment Companies

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Check out RF Industries Piotroski F Score and RF Industries Valuation analysis.

For more information on how to buy RFIL Stock please use our How to buy in RFIL Stock guide.

You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Is Electronic Equipment, Instruments & Components 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 RF Industries. If investors know RFIL 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 RF Industries 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

0.134

Earnings Share

(0.69)

Revenue Per Share

5.969

Quarterly Revenue Growth

0.076

Return On Assets

(0.02)

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

RF Industries 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 )

RFIL Z Score Driver Correlations

RF Industries Current Valuation Drivers

RF Industries ESG Sustainability

RF Industries Institutional Holders

RFIL Fundamentals

About RF Industries Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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