E W Scripps Stock Z Score

SSP Stock  USD 3.14  0.11  3.38%   
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 E W Piotroski F Score and E W Valuation analysis.
  
At this time, E W's Additional Paid In Capital is relatively stable compared to the past year. As of 05/20/2024, Net Working Capital is likely to grow to about 369 M, while Capital Stock is likely to drop slightly above 227.6 M. At this time, E W's Depreciation And Amortization is relatively stable compared to the past year. As of 05/20/2024, Interest Expense is likely to grow to about 224.2 M, while Other Operating Expenses is likely to drop slightly above 1.3 B.

E W Scripps Company Z Score Analysis

E W'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 )

SSP Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for E W is extremely important. It helps to project a fair market value of SSP Stock properly, considering its historical fundamentals such as Z Score. Since E W'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 E W'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 E W's interrelated accounts and indicators.
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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, E W Scripps has a Z Score of 0.0. This is 100.0% lower than that of the Media 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.

SSP Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses E W'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 E W could also be used in its relative valuation, which is a method of valuing E W by comparing valuation metrics of similar companies.
E W is currently under evaluation in z score category among related companies.

E W 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, E W's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to E W's managers, analysts, and investors.
Environmental
Governance
Social

E W Institutional Holders

Institutional Holdings refers to the ownership stake in E W that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of E W'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 E W's value.
Shares
Gabelli Funds Llc2023-12-31
1.1 M
Goldman Sachs Group Inc2023-12-31
M
New York State Common Retirement Fund2023-12-31
858.7 K
Lido Advisors, Llc2023-12-31
842.5 K
Amvescap Plc.2023-12-31
803.5 K
Morgan Stanley - Brokerage Accounts2023-12-31
800 K
Northern Trust Corp2023-12-31
638.5 K
Minerva Advisors Llc2023-12-31
632.7 K
Bank Of New York Mellon Corp2023-12-31
460.1 K
Blackrock Inc2023-12-31
10.7 M
Vanguard Group Inc2023-12-31
7.9 M

SSP Fundamentals

About E W Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze E W Scripps's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of E W using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of E W Scripps 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 E W Scripps is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if SSP Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about E W Scripps Stock. Highlighted below are key reports to facilitate an investment decision about E W Scripps Stock:
Check out E W Piotroski F Score and E W Valuation analysis.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for SSP Stock analysis

When running E W's price analysis, check to measure E W'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 E W is operating at the current time. Most of E W's value examination focuses on studying past and present price action to predict the probability of E W's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move E W's price. Additionally, you may evaluate how the addition of E W to your portfolios can decrease your overall portfolio volatility.
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Is E W'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 E W. If investors know SSP 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 E W 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
0.913
Earnings Share
(11.62)
Revenue Per Share
27.517
Quarterly Revenue Growth
0.064
Return On Assets
0.0272
The market value of E W Scripps is measured differently than its book value, which is the value of SSP that is recorded on the company's balance sheet. Investors also form their own opinion of E W's value that differs from its market value or its book value, called intrinsic value, which is E W'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 E W's market value can be influenced by many factors that don't directly affect E W'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 E W's value and its price as these two are different measures arrived at by different means. Investors typically determine if E W is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, E W'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.