Westinghouse Air Brake Stock Probability Of Bankruptcy
| WAB Stock | USD 144.27 0.28 0.19% |
Westinghouse | Probability Of Bankruptcy |
Westinghouse Air Brake Company chance of distress Analysis
Westinghouse Air's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Westinghouse Air Probability Of Bankruptcy | Less than 3% |
Most of Westinghouse Air's fundamental indicators, such as Probability Of Bankruptcy, 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, Westinghouse Air Brake is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Westinghouse Air probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Westinghouse Air odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Westinghouse Air Brake financial health.
Is Westinghouse Air'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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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 0.379 | Dividend Share 0.68 | Earnings Share 4.52 | Revenue Per Share 54.122 | Quarterly Revenue Growth 0.095 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.
Westinghouse Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Westinghouse Air is extremely important. It helps to project a fair market value of Westinghouse Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Westinghouse Air'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 Westinghouse Air'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 Westinghouse Air's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Westinghouse Air Brake has a Probability Of Bankruptcy of 3.0%. This is 92.95% lower than that of the Machinery sector and 92.74% lower than that of the Industrials industry. The probability of bankruptcy for all United States stocks is 92.47% higher than that of the company.
Westinghouse Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westinghouse Air's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westinghouse Air could also be used in its relative valuation, which is a method of valuing Westinghouse Air by comparing valuation metrics of similar companies.Westinghouse Air is currently under evaluation in probability of bankruptcy category among related companies.
Westinghouse Air Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0173 | 0.0224 | 0.0302 | 0.0342 | 0.0429 | 0.0761 | |
| Asset Turnover | 0.5 | 0.43 | 0.41 | 0.42 | 0.51 | 0.48 | |
| Net Debt | 3.7B | 3.2B | 3.6B | 3.5B | 3.8B | 4.0B | |
| Total Current Liabilities | 3.3B | 3.2B | 2.9B | 3.5B | 4.1B | 4.3B | |
| Non Current Liabilities Total | 5.6B | 5.1B | 5.3B | 4.9B | 4.4B | 4.6B | |
| Total Assets | 18.9B | 18.5B | 18.5B | 18.5B | 19.0B | 19.9B | |
| Total Current Assets | 4.2B | 3.9B | 3.8B | 4.3B | 4.9B | 5.1B | |
| Total Cash From Operating Activities | 1.0B | 783.7M | 1.1B | 1.0B | 1.2B | 1.3B |
Westinghouse Air 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, Westinghouse Air's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Westinghouse Air's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Westinghouse Fundamentals
| Return On Equity | 0.0798 | ||||
| Return On Asset | 0.044 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.13 % | ||||
| Current Valuation | 29.54 B | ||||
| Shares Outstanding | 176.82 M | ||||
| Shares Owned By Insiders | 1.03 % | ||||
| Shares Owned By Institutions | 94.37 % | ||||
| Number Of Shares Shorted | 1.89 M | ||||
| Price To Earning | 45.23 X | ||||
| Price To Book | 2.46 X | ||||
| Price To Sales | 2.67 X | ||||
| Revenue | 9.68 B | ||||
| Gross Profit | 2.58 B | ||||
| EBITDA | 1.85 B | ||||
| Net Income | 815 M | ||||
| Cash And Equivalents | 541 M | ||||
| Cash Per Share | 2.76 X | ||||
| Total Debt | 4.38 B | ||||
| Debt To Equity | 0.45 % | ||||
| Current Ratio | 1.27 X | ||||
| Book Value Per Share | 58.98 X | ||||
| Cash Flow From Operations | 1.2 B | ||||
| Short Ratio | 2.24 X | ||||
| Earnings Per Share | 4.52 X | ||||
| Price To Earnings To Growth | 3.92 X | ||||
| Target Price | 151.34 | ||||
| Number Of Employees | 29 K | ||||
| Beta | 1.41 | ||||
| Market Capitalization | 25.72 B | ||||
| Total Asset | 18.99 B | ||||
| Retained Earnings | 5.27 B | ||||
| Working Capital | 799 M | ||||
| Current Asset | 1.61 B | ||||
| Current Liabilities | 664.78 M | ||||
| Annual Yield | 0 % | ||||
| Five Year Return | 0.62 % | ||||
| Net Asset | 18.99 B | ||||
| Last Dividend Paid | 0.68 |
About Westinghouse Air Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Westinghouse Air Brake's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westinghouse Air using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westinghouse Air Brake 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.
Westinghouse Air Investors Sentiment
The influence of Westinghouse Air's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Westinghouse. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Westinghouse Air's public news can be used to forecast risks associated with an investment in Westinghouse. The trend in average sentiment can be used to explain how an investor holding Westinghouse can time the market purely based on public headlines and social activities around Westinghouse Air Brake. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Westinghouse Air's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Westinghouse Air's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Westinghouse Air's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Westinghouse Air.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Westinghouse Air in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Westinghouse Air's short interest history, or implied volatility extrapolated from Westinghouse Air options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Westinghouse Air Brake offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Westinghouse Air'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 Westinghouse Air Brake Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Westinghouse Air Brake Stock:Check out Westinghouse Air Piotroski F Score and Westinghouse Air Altman Z Score analysis. Note that the Westinghouse Air Brake information on this page should be used as a complementary analysis to other Westinghouse Air'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 Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Complementary Tools for Westinghouse Stock analysis
When running Westinghouse Air's price analysis, check to measure Westinghouse Air'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 Westinghouse Air is operating at the current time. Most of Westinghouse Air's value examination focuses on studying past and present price action to predict the probability of Westinghouse Air's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westinghouse Air's price. Additionally, you may evaluate how the addition of Westinghouse Air to your portfolios can decrease your overall portfolio volatility.
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Is Westinghouse Air'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 Westinghouse Air. If investors know Westinghouse 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 Westinghouse Air 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 0.379 | Dividend Share 0.68 | Earnings Share 4.52 | Revenue Per Share 54.122 | Quarterly Revenue Growth 0.095 |
The market value of Westinghouse Air Brake is measured differently than its book value, which is the value of Westinghouse that is recorded on the company's balance sheet. Investors also form their own opinion of Westinghouse Air's value that differs from its market value or its book value, called intrinsic value, which is Westinghouse Air'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 Westinghouse Air's market value can be influenced by many factors that don't directly affect Westinghouse Air'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 Westinghouse Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Westinghouse Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Westinghouse Air'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.