Hydract As Stock Z Score
HYDRCT Stock | DKK 1.80 0.03 1.64% |
Hydract |
Hydract AS Company Z Score Analysis
Hydract AS'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 Hydract AS Z Score | 66.0 |
Most of Hydract AS'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, Hydract AS is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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 |
According to the company's disclosures, Hydract AS has a Z Score of 66. This is much higher than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The z score for all Denmark stocks is notably lower than that of the firm.
Hydract Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hydract AS'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 Hydract AS could also be used in its relative valuation, which is a method of valuing Hydract AS by comparing valuation metrics of similar companies.Hydract AS is currently under evaluation in z score category among related companies.
Hydract Fundamentals
Return On Equity | -0.12 | |||
Return On Asset | -0.0867 | |||
Profit Margin | (1.52) % | |||
Operating Margin | (2.00) % | |||
Current Valuation | 104.2 M | |||
Shares Outstanding | 20.96 M | |||
Shares Owned By Institutions | 4.05 % | |||
Price To Book | 2.94 X | |||
Price To Sales | 42.05 X | |||
Revenue | 5.87 M | |||
Gross Profit | 796.21 K | |||
EBITDA | (5.74 M) | |||
Net Income | (4.49 M) | |||
Total Debt | 1.14 M | |||
Book Value Per Share | 1.81 X | |||
Cash Flow From Operations | (6.09 M) | |||
Market Capitalization | 126.27 M | |||
Total Asset | 50.73 M | |||
Z Score | 66.0 | |||
Net Asset | 50.73 M |
About Hydract AS Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hydract AS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hydract AS using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hydract AS 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hydract AS. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Hydract AS information on this page should be used as a complementary analysis to other Hydract AS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Complementary Tools for Hydract Stock analysis
When running Hydract AS's price analysis, check to measure Hydract AS'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 Hydract AS is operating at the current time. Most of Hydract AS's value examination focuses on studying past and present price action to predict the probability of Hydract AS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hydract AS's price. Additionally, you may evaluate how the addition of Hydract AS to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
Transaction History View history of all your transactions and understand their impact on performance | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |