Suburban Propane Partners Stock Z Score
| SPH Stock | USD 19.69 0.16 0.81% |
Suburban | Z Score |
Suburban Propane Partners Company Z Score Analysis
Suburban Propane'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..
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Suburban Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Suburban Propane is extremely important. It helps to project a fair market value of Suburban Stock properly, considering its historical fundamentals such as Z Score. Since Suburban Propane'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 Suburban Propane'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 Suburban Propane's interrelated accounts and indicators.
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 |
Based on the company's disclosures, Suburban Propane Partners has a Z Score of 0.0. This is 100.0% lower than that of the Gas Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Suburban Propane Institutional Holders
Institutional Holdings refers to the ownership stake in Suburban Propane that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Suburban Propane'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 Suburban Propane's value.| Shares | Royal Bank Of Canada | 2023-12-31 | 282.8 K | Energy Income Partners, Llc | 2023-12-31 | 208.5 K | Fractal Investments Llc | 2023-12-31 | 207.4 K | Pathstone Holdings Llc | 2023-12-31 | 197.4 K | Pathstone Family Office, Llc | 2023-09-30 | 197.4 K | Foundry Partners, Llc | 2023-12-31 | 187.7 K | Raymond James Finl Svs Advisors, Inc. | 2023-12-31 | 160.6 K | Commonwealth Equity Services Inc | 2023-12-31 | 156.8 K | Lido Advisors, Llc | 2023-12-31 | 150 K | Alps Advisors Inc | 2023-12-31 | 10.7 M | Goldman Sachs Group Inc | 2023-12-31 | 1.6 M |
Suburban Fundamentals
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0539 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 2.64 B | ||||
| Shares Outstanding | 64.02 M | ||||
| Shares Owned By Insiders | 2.30 % | ||||
| Shares Owned By Institutions | 31.83 % | ||||
| Number Of Shares Shorted | 1.66 M | ||||
| Price To Earning | 17.73 X | ||||
| Price To Book | 2.25 X | ||||
| Price To Sales | 0.88 X | ||||
| Revenue | 1.43 B | ||||
| Gross Profit | 361 M | ||||
| EBITDA | 260.39 M | ||||
| Net Income | 123.75 M | ||||
| Cash And Equivalents | 4.1 M | ||||
| Cash Per Share | 0.11 X | ||||
| Total Debt | 1.33 B | ||||
| Debt To Equity | 2.15 % | ||||
| Current Ratio | 0.89 X | ||||
| Book Value Per Share | 8.59 X | ||||
| Cash Flow From Operations | 225.24 M | ||||
| Short Ratio | 10.05 X | ||||
| Earnings Per Share | 1.59 X | ||||
| Price To Earnings To Growth | 1.24 X | ||||
| Target Price | 17.0 | ||||
| Number Of Employees | 3.24 K | ||||
| Beta | 0.42 | ||||
| Market Capitalization | 1.26 B | ||||
| Total Asset | 2.27 B | ||||
| Retained Earnings | 139.71 M | ||||
| Working Capital | (143.82 M) | ||||
| Current Asset | 147.3 M | ||||
| Current Liabilities | 205.05 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 10.96 % | ||||
| Net Asset | 2.27 B | ||||
| Last Dividend Paid | 1.3 |
About Suburban Propane Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Suburban Propane Partners's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Suburban Propane using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Suburban Propane Partners 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 Suburban Propane Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Suburban Propane'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 Suburban Propane Partners Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suburban Propane Partners Stock:Check out Suburban Propane Piotroski F Score and Suburban Propane Valuation analysis. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Suburban Stock analysis
When running Suburban Propane's price analysis, check to measure Suburban Propane'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 Suburban Propane is operating at the current time. Most of Suburban Propane's value examination focuses on studying past and present price action to predict the probability of Suburban Propane's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Suburban Propane's price. Additionally, you may evaluate how the addition of Suburban Propane to your portfolios can decrease your overall portfolio volatility.
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Is Suburban Propane's industry 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 Suburban Propane. If investors know Suburban 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 Suburban Propane 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 (0.47) | Dividend Share 1.3 | Earnings Share 1.59 | Revenue Per Share 21.856 | Quarterly Revenue Growth (0.08) |
The market value of Suburban Propane Partners is measured differently than its book value, which is the value of Suburban that is recorded on the company's balance sheet. Investors also form their own opinion of Suburban Propane's value that differs from its market value or its book value, called intrinsic value, which is Suburban Propane'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 Suburban Propane's market value can be influenced by many factors that don't directly affect Suburban Propane'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 Suburban Propane's value and its price as these two are different measures arrived at by different means. Investors typically determine if Suburban Propane is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Suburban Propane'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.