Tko Group Holdings, Stock Z Score

TKO Stock

136.89 4.10 3.09%

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 TKO Group Piotroski F Score and TKO Group Valuation analysis.

At this time, TKO Group's Capital Lease Obligations is very stable compared to the past year. As of the 21st of November 2024, Change In Working Capital is likely to grow to about 29.3 M, while Capital Surpluse is likely to drop about 342.3 M. At this time, TKO Group's Interest Expense is very stable compared to the past year. As of the 21st of November 2024, Tax Provision is likely to grow to about 38.4 M, while Depreciation And Amortization is likely to drop about 89.2 M.

TKO Group Holdings, Company Z Score Analysis

TKO 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 )

TKO Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Intangible Assets	Property Plant Equipment	Net Tangible Assets	Good Will	Net Invested Capital	Long Term Investments	Short Long Term Debt	Capital Stock	Net Working Capital
Total Assets		0.99	0.76	0.89	0.14	0.98	0.54	0.64	0.91	0.39	-0.08	0.12	0.96	-0.96	-0.96	-0.78	0.99	0.82	-0.74	0.87	0.81	0.9	-0.75	-0.95	-0.86
Total Stockholder Equity	0.99		0.75	0.82	0.03	0.98	0.57	0.57	0.86	0.37	-0.09	0.05	0.98	-0.96	-0.96	-0.72	1.0	0.78	-0.67	0.89	0.85	0.89	-0.76	-0.92	-0.8
Current Deferred Revenue	0.76	0.75		0.65	0.12	0.77	0.61	0.52	0.65	0.09	-0.07	-0.12	0.77	-0.66	-0.61	-0.52	0.77	0.92	-0.63	0.94	0.85	0.96	-0.25	-0.82	-0.77
Net Debt	0.89	0.82	0.65		0.54	0.82	0.37	0.82	0.99	0.45	-0.09	0.46	0.74	-0.81	-0.81	-0.95	0.82	0.85	-0.87	0.66	0.52	0.78	-0.59	-0.88	-0.9
Retained Earnings	0.14	0.03	0.12	0.54		0.06	-0.18	0.63	0.5	0.38	0.28	0.62	-0.09	-0.06	-0.05	-0.55	0.02	0.38	-0.57	-0.07	-0.27	0.12	0.04	-0.24	-0.44
Accounts Payable	0.98	0.98	0.77	0.82	0.06		0.56	0.57	0.83	0.25	-0.13	-0.04	0.98	-0.97	-0.96	-0.68	0.99	0.83	-0.75	0.88	0.82	0.91	-0.77	-0.96	-0.87
Net Receivables	0.54	0.57	0.61	0.37	-0.18	0.56		0.46	0.38	0.19	0.26	-0.21	0.59	-0.45	-0.44	-0.24	0.56	0.5	-0.2	0.71	0.73	0.64	-0.2	-0.48	-0.36
Short Term Investments	0.64	0.57	0.52	0.82	0.63	0.57	0.46		0.82	0.67	0.19	0.58	0.45	-0.48	-0.48	-0.83	0.54	0.69	-0.6	0.52	0.4	0.61	-0.2	-0.59	-0.63
Total Liab	0.91	0.86	0.65	0.99	0.5	0.83	0.38	0.82		0.55	-0.04	0.47	0.76	-0.83	-0.83	-0.95	0.84	0.82	-0.81	0.69	0.56	0.78	-0.61	-0.87	-0.86
Total Current Assets	0.39	0.37	0.09	0.45	0.38	0.25	0.19	0.67	0.55		0.48	0.59	0.23	-0.25	-0.3	-0.56	0.29	0.13	-0.07	0.2	0.22	0.17	-0.18	-0.17	-0.11
Short Term Debt	-0.08	-0.09	-0.07	-0.09	0.28	-0.13	0.26	0.19	-0.04	0.48		-0.13	-0.1	0.12	0.12	0.18	-0.12	-0.13	0.14	-0.09	-0.06	-0.11	0.08	0.13	0.14
Common Stock	0.12	0.05	-0.12	0.46	0.62	-0.04	-0.21	0.58	0.47	0.59	-0.13		-0.14	0.03	-0.02	-0.69	-0.02	0.1	-0.17	-0.13	-0.21	-0.05	0.09	0.0	-0.1
Long Term Debt	0.96	0.98	0.77	0.74	-0.09	0.98	0.59	0.45	0.76	0.23	-0.1	-0.14		-0.96	-0.95	-0.59	0.99	0.76	-0.64	0.9	0.88	0.89	-0.77	-0.92	-0.79
Long Term Debt Total	-0.96	-0.96	-0.66	-0.81	-0.06	-0.97	-0.45	-0.48	-0.83	-0.25	0.12	0.03	-0.96		1.0	0.67	-0.97	-0.74	0.76	-0.78	-0.72	-0.82	0.88	0.94	0.85
Capital Surpluse	-0.96	-0.96	-0.61	-0.81	-0.05	-0.96	-0.44	-0.48	-0.83	-0.3	0.12	-0.02	-0.95	1.0		0.69	-0.97	-0.7	0.72	-0.75	-0.71	-0.78	0.9	0.92	0.82
Cash And Equivalents	-0.78	-0.72	-0.52	-0.95	-0.55	-0.68	-0.24	-0.83	-0.95	-0.56	0.18	-0.69	-0.59	0.67	0.69		-0.69	-0.72	0.71	-0.56	-0.43	-0.65	0.45	0.72	0.74
Intangible Assets	0.99	1.0	0.77	0.82	0.02	0.99	0.56	0.54	0.84	0.29	-0.12	-0.02	0.99	-0.97	-0.97	-0.69		0.81	-0.7	0.9	0.85	0.91	-0.77	-0.95	-0.84
Property Plant Equipment	0.82	0.78	0.92	0.85	0.38	0.83	0.5	0.69	0.82	0.13	-0.13	0.1	0.76	-0.74	-0.7	-0.72	0.81		-0.86	0.85	0.7	0.95	-0.38	-0.92	-0.93
Net Tangible Assets	-0.74	-0.67	-0.63	-0.87	-0.57	-0.75	-0.2	-0.6	-0.81	-0.07	0.14	-0.17	-0.64	0.76	0.72	0.71	-0.7	-0.86		-0.55	-0.35	-0.72	0.58	0.88	0.97
Good Will	0.87	0.89	0.94	0.66	-0.07	0.88	0.71	0.52	0.69	0.2	-0.09	-0.13	0.9	-0.78	-0.75	-0.56	0.9	0.85	-0.55		0.97	0.97	-0.43	-0.84	-0.72
Net Invested Capital	0.81	0.85	0.85	0.52	-0.27	0.82	0.73	0.4	0.56	0.22	-0.06	-0.21	0.88	-0.72	-0.71	-0.43	0.85	0.7	-0.35	0.97		0.89	-0.41	-0.73	-0.56
Long Term Investments	0.9	0.89	0.96	0.78	0.12	0.91	0.64	0.61	0.78	0.17	-0.11	-0.05	0.89	-0.82	-0.78	-0.65	0.91	0.95	-0.72	0.97	0.89		-0.46	-0.92	-0.86
Short Long Term Debt	-0.75	-0.76	-0.25	-0.59	0.04	-0.77	-0.2	-0.2	-0.61	-0.18	0.08	0.09	-0.77	0.88	0.9	0.45	-0.77	-0.38	0.58	-0.43	-0.41	-0.46		0.71	0.63
Capital Stock	-0.95	-0.92	-0.82	-0.88	-0.24	-0.96	-0.48	-0.59	-0.87	-0.17	0.13	0.0	-0.92	0.94	0.92	0.72	-0.95	-0.92	0.88	-0.84	-0.73	-0.92	0.71		0.97
Net Working Capital	-0.86	-0.8	-0.77	-0.9	-0.44	-0.87	-0.36	-0.63	-0.86	-0.11	0.14	-0.1	-0.79	0.85	0.82	0.74	-0.84	-0.93	0.97	-0.72	-0.56	-0.86	0.63	0.97

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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.

Competition

Predict TKO Group

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

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

Environmental

Governance

Social

TKO Fundamentals

	Return On Equity	-0.0065
	Return On Asset	0.012
	Profit Margin	(0.01) %
	Operating Margin	0.20 %
	Current Valuation	13.31 B
	Shares Outstanding	81.15 M
	Shares Owned By Insiders	14.30 %
	Shares Owned By Institutions	94.26 %
	Number Of Shares Shorted	4.53 M
	Price To Book	2.66 X
	Price To Sales	3.88 X
	Revenue	1.67 B
	Gross Profit	814.56 M
	EBITDA	611.09 M
	Net Income	(35.23 M)
	Cash And Equivalents	220.23 M
	Total Debt	3.03 B
	Book Value Per Share	49.84 X
	Cash Flow From Operations	468.38 M
	Short Ratio	5.48 X
	Earnings Per Share	(0.44) X
	Target Price	137.38
	Market Capitalization	10.78 B
	Total Asset	12.69 B
	Retained Earnings	(135.23 M)
	Working Capital	20.29 M
	Net Asset	12.69 B

About TKO Group Fundamental Analysis

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

Moving against TKO Stock

0.57	EEX	Emerald Expositions	Pair Corr
0.53	IAS	Integral Ad Science	Pair Corr
0.41	ADV	Advantage Solutions	Pair Corr
0.37	KUKE	Kuke Music Holding	Pair Corr
0.31	DRCT	Direct Digital Holdings	Pair Corr

The ability to find closely correlated positions to TKO 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 TKO 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 TKO 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 TKO Group Holdings, to buy it.

The correlation of TKO 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 TKO Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TKO 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 TKO 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 TKO 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 TKO 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 Tko Group Holdings, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tko Group Holdings, Stock:

How To Invest In TKO

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Is TKO Stock a good investment?

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What is TKO Group's Net Worth?

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Largest Movies & Entertainment Companies

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

You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Is Movies & Entertainment 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 TKO Group. If investors know TKO 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 TKO 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

(0.24)

Earnings Share

(0.44)

Revenue Per Share

34.069

Quarterly Revenue Growth

0.517

Return On Assets

0.012

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

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Tko Group Holdings, Stock Z Score

TKO 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 )

TKO Z Score Driver Correlations

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TKO Group ESG Sustainability

TKO Fundamentals

About TKO Group Fundamental Analysis

Pair Trading with TKO Group

Moving against TKO Stock

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