Kenmec Mechanical Engineering Stock Probability Of Bankruptcy

6125 Stock  TWD 84.50  0.50  0.60%   
Kenmec Mechanical's likelihood of distress is under 25% at this time. It has slight risk of undergoing some form of financial straits in the near future. Kenmec Mechanical's Probability Of Bankruptcy is determined by interpolating and adjusting Kenmec Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Kenmec balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Kenmec Mechanical Piotroski F Score and Kenmec Mechanical Altman Z Score analysis.
  

Kenmec Probability Of Bankruptcy Analysis

Kenmec Mechanical'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.

Probability Of Bankruptcy

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Z-Score

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Current Kenmec Mechanical Probability Of Bankruptcy

    
  Less than 25%  
Most of Kenmec Mechanical'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, Kenmec Mechanical Engineering is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Kenmec Mechanical 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 Kenmec Mechanical 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 Kenmec Mechanical Engineering financial health.
Please note, there is a significant difference between Kenmec Mechanical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenmec Mechanical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenmec Mechanical'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.
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, Kenmec Mechanical Engineering has a Probability Of Bankruptcy of 25.0%. This is 41.29% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The probability of bankruptcy for all Taiwan stocks is 37.23% higher than that of the company.

Kenmec Probability Of Bankruptcy Peer Comparison

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

Kenmec Fundamentals

About Kenmec Mechanical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Kenmec Mechanical Engineering's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kenmec Mechanical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kenmec Mechanical Engineering 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Kenmec Mechanical Piotroski F Score and Kenmec Mechanical Altman Z Score analysis.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

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When running Kenmec Mechanical's price analysis, check to measure Kenmec Mechanical'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 Kenmec Mechanical is operating at the current time. Most of Kenmec Mechanical's value examination focuses on studying past and present price action to predict the probability of Kenmec Mechanical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kenmec Mechanical's price. Additionally, you may evaluate how the addition of Kenmec Mechanical to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Kenmec Mechanical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Kenmec Mechanical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Kenmec Mechanical'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.