Spx Corp Stock Z Score

SPXC Stock

USD 176.01 3.46 2.01%

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 SPX Corp Piotroski F Score and SPX Corp Valuation analysis.

For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

At present, SPX Corp's Change In Working Capital is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt To Capitalization is expected to grow to 0.52, whereas Capital Surpluse is forecasted to decline to about 1.2 B. At present, SPX Corp's Interest Expense is projected to decrease significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 2.8 B, whereas Operating Income is forecasted to decline to about 179.5 M.

SPX Corp Company Z Score Analysis

SPX Corp'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 )

SPX Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Good Will	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Net Working Capital	Long Term Investments	Capital Stock
Total Assets		0.94	0.86	0.9	0.97	0.96	0.98	0.53	0.91	0.95	0.89	0.76	-0.73	0.76	0.45	0.17	-0.38	0.77	0.12	0.83	-0.78	-0.14	-0.3	-0.1	0.03	0.03
Total Stockholder Equity	0.94		0.76	0.88	0.9	0.84	0.93	0.49	0.95	0.86	0.84	0.72	-0.61	0.73	0.48	0.18	-0.17	0.72	0.01	0.78	-0.78	-0.2	-0.02	0.16	-0.04	-0.04
Net Debt	0.86	0.76		0.77	0.85	0.82	0.8	0.49	0.83	0.86	0.79	0.78	-0.62	0.75	0.53	0.12	-0.49	0.73	0.08	0.65	-0.73	0.01	-0.33	-0.33	-0.14	-0.14
Retained Earnings	0.9	0.88	0.77		0.92	0.88	0.93	0.47	0.8	0.9	0.94	0.82	-0.88	0.78	0.62	0.44	-0.47	0.85	0.39	0.83	-0.88	-0.29	-0.36	-0.05	0.14	0.14
Net Receivables	0.97	0.9	0.85	0.92		0.98	0.99	0.51	0.82	0.98	0.93	0.78	-0.78	0.78	0.49	0.25	-0.52	0.85	0.2	0.84	-0.8	-0.16	-0.42	-0.18	0.21	0.21
Total Liab	0.96	0.84	0.82	0.88	0.98		0.97	0.54	0.77	0.97	0.9	0.71	-0.79	0.72	0.39	0.19	-0.55	0.8	0.22	0.84	-0.73	-0.12	-0.47	-0.24	0.26	0.26
Total Current Assets	0.98	0.93	0.8	0.93	0.99	0.97		0.52	0.84	0.96	0.93	0.77	-0.76	0.77	0.49	0.28	-0.46	0.84	0.19	0.85	-0.8	-0.19	-0.37	-0.1	0.2	0.2
Short Term Debt	0.53	0.49	0.49	0.47	0.51	0.54	0.52		0.43	0.42	0.54	0.22	-0.47	0.54	0.22	0.3	-0.28	0.27	0.08	0.82	-0.52	0.13	-0.24	-0.24	0.13	0.13
Intangible Assets	0.91	0.95	0.83	0.8	0.82	0.77	0.84	0.43		0.79	0.74	0.71	-0.53	0.68	0.44	0.05	-0.07	0.62	-0.06	0.68	-0.72	-0.12	0.08	0.13	-0.31	-0.31
Accounts Payable	0.95	0.86	0.86	0.9	0.98	0.97	0.96	0.42	0.79		0.91	0.81	-0.75	0.74	0.52	0.2	-0.57	0.89	0.2	0.75	-0.76	-0.19	-0.46	-0.18	0.24	0.24
Common Stock	0.89	0.84	0.79	0.94	0.93	0.9	0.93	0.54	0.74	0.91		0.87	-0.76	0.86	0.72	0.54	-0.64	0.92	0.17	0.86	-0.95	-0.2	-0.49	-0.19	0.25	0.25
Long Term Debt	0.76	0.72	0.78	0.82	0.78	0.71	0.77	0.22	0.71	0.81	0.87		-0.55	0.79	0.88	0.53	-0.57	0.95	0.08	0.56	-0.87	-0.2	-0.4	-0.17	-0.02	-0.02
Treasury Stock	-0.73	-0.61	-0.62	-0.88	-0.78	-0.79	-0.76	-0.47	-0.53	-0.75	-0.76	-0.55		-0.57	-0.34	-0.36	0.51	-0.63	-0.72	-0.77	0.66	0.29	0.52	0.2	-0.26	-0.26
Property Plant Equipment	0.76	0.73	0.75	0.78	0.78	0.72	0.77	0.54	0.68	0.74	0.86	0.79	-0.57		0.71	0.54	-0.58	0.79	0.04	0.72	-0.86	0.22	-0.38	-0.41	0.1	0.1
Good Will	0.45	0.48	0.53	0.62	0.49	0.39	0.49	0.22	0.44	0.52	0.72	0.88	-0.34	0.71		0.76	-0.55	0.81	0.01	0.41	-0.83	-0.16	-0.34	-0.13	0.01	0.01
Current Deferred Revenue	0.17	0.18	0.12	0.44	0.25	0.19	0.28	0.3	0.05	0.2	0.54	0.53	-0.36	0.54	0.76		-0.53	0.54	0.21	0.46	-0.67	-0.15	-0.48	-0.24	0.23	0.23
Net Tangible Assets	-0.38	-0.17	-0.49	-0.47	-0.52	-0.55	-0.46	-0.28	-0.07	-0.57	-0.64	-0.57	0.51	-0.58	-0.55	-0.53		-0.71	-0.27	-0.42	0.55	-0.1	0.87	0.69	-0.58	-0.58
Long Term Debt Total	0.77	0.72	0.73	0.85	0.85	0.8	0.84	0.27	0.62	0.89	0.92	0.95	-0.63	0.79	0.81	0.54	-0.71		0.17	0.62	-0.85	-0.21	-0.54	-0.23	0.29	0.29
Capital Surpluse	0.12	0.01	0.08	0.39	0.2	0.22	0.19	0.08	-0.06	0.2	0.17	0.08	-0.72	0.04	0.01	0.21	-0.27	0.17		0.22	-0.08	-0.3	-0.41	-0.14	0.28	0.28
Deferred Long Term Liab	0.83	0.78	0.65	0.83	0.84	0.84	0.85	0.82	0.68	0.75	0.86	0.56	-0.77	0.72	0.41	0.46	-0.42	0.62	0.22		-0.81	-0.18	-0.39	-0.14	0.2	0.2
Accumulated Depreciation	-0.78	-0.78	-0.73	-0.88	-0.8	-0.73	-0.8	-0.52	-0.72	-0.76	-0.95	-0.87	0.66	-0.86	-0.83	-0.67	0.55	-0.85	-0.08	-0.81		0.18	0.37	0.14	-0.07	-0.07
Short Long Term Debt	-0.14	-0.2	0.01	-0.29	-0.16	-0.12	-0.19	0.13	-0.12	-0.19	-0.2	-0.2	0.29	0.22	-0.16	-0.15	-0.1	-0.21	-0.3	-0.18	0.18		0.05	-0.61	-0.04	-0.04
Net Invested Capital	-0.3	-0.02	-0.33	-0.36	-0.42	-0.47	-0.37	-0.24	0.08	-0.46	-0.49	-0.4	0.52	-0.38	-0.34	-0.48	0.87	-0.54	-0.41	-0.39	0.37	0.05		0.66	-0.54	-0.54
Net Working Capital	-0.1	0.16	-0.33	-0.05	-0.18	-0.24	-0.1	-0.24	0.13	-0.18	-0.19	-0.17	0.2	-0.41	-0.13	-0.24	0.69	-0.23	-0.14	-0.14	0.14	-0.61	0.66		-0.23	-0.23
Long Term Investments	0.03	-0.04	-0.14	0.14	0.21	0.26	0.2	0.13	-0.31	0.24	0.25	-0.02	-0.26	0.1	0.01	0.23	-0.58	0.29	0.28	0.2	-0.07	-0.04	-0.54	-0.23		1.0
Capital Stock	0.03	-0.04	-0.14	0.14	0.21	0.26	0.2	0.13	-0.31	0.24	0.25	-0.02	-0.26	0.1	0.01	0.23	-0.58	0.29	0.28	0.2	-0.07	-0.04	-0.54	-0.23	1.0

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 SPX Corp

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

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

Environmental

Governance

Social

SPX Corp Institutional Holders

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

		Shares
Amvescap Plc.	2024-06-30	820.8 K
Artisan Partners Limited Partnership	2024-06-30	816.4 K
Nuveen Asset Management, Llc	2024-06-30	717.5 K
Fmr Inc	2024-09-30	662.1 K
Conestoga Capital Advisors, Llc	2024-09-30	627.3 K
Charles Schwab Investment Management Inc	2024-09-30	623.4 K
Goldman Sachs Group Inc	2024-06-30	563.1 K
T. Rowe Price Associates, Inc.	2024-06-30	563.1 K
Norges Bank	2024-06-30	555.8 K
Blackrock Inc	2024-06-30	7 M
Vanguard Group Inc	2024-09-30	4.9 M

SPX Fundamentals

	Return On Equity	0.14
	Return On Asset	0.074
	Profit Margin	0.09 %
	Operating Margin	0.17 %
	Current Valuation	8.77 B
	Shares Outstanding	46.36 M
	Shares Owned By Insiders	3.71 %
	Shares Owned By Institutions	95.69 %
	Number Of Shares Shorted	575.33 K
	Price To Earning	31.50 X
	Price To Book	6.01 X
	Price To Sales	4.25 X
	Revenue	1.74 B
	Gross Profit	523.9 M
	EBITDA	286 M
	Net Income	144.7 M
	Cash And Equivalents	189.8 M
	Cash Per Share	4.20 X
	Total Debt	558.3 M
	Debt To Equity	0.22 %
	Current Ratio	2.12 X
	Book Value Per Share	29.30 X
	Cash Flow From Operations	208.5 M
	Short Ratio	2.76 X
	Earnings Per Share	3.77 X
	Price To Earnings To Growth	1.59 X
	Target Price	167.75
	Number Of Employees	4.1 K
	Beta	1.22
	Market Capitalization	8.16 B
	Total Asset	2.44 B
	Retained Earnings	38.3 M
	Working Capital	308.4 M
	Current Asset	782.3 M
	Current Liabilities	654.8 M
	Five Year Return	2.41 %
	Net Asset	2.44 B

About SPX Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SPX Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SPX Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SPX Corp 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 SPX Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SPX Corp'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 Spx Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Spx Corp Stock:

How To Invest In SPX

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Is SPX Stock a good investment?

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What is SPX Corp's Net Worth?

Details

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Check out SPX Corp Piotroski F Score and SPX Corp Valuation analysis.

For information on how to trade SPX Stock refer to our How to Trade SPX Stock guide.

You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Is Industrial Machinery & Supplies & 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 SPX Corp. If investors know SPX 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 SPX Corp 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

0.218

Earnings Share

3.77

Revenue Per Share

41.721

Quarterly Revenue Growth

0.078

Return On Assets

0.074

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

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Spx Corp Stock Z Score

SPX Corp 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 )

SPX Z Score Driver Correlations

SPX Corp ESG Sustainability

SPX Corp Institutional Holders

SPX Fundamentals

About SPX Corp Fundamental Analysis

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