American Woodmark Stock Probability Of Bankruptcy
| AMWD Stock | USD 94.06 1.14 1.23% |
American | Probability Of Bankruptcy |
American Woodmark Company probability of distress Analysis
American Woodmark'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 American Woodmark Probability Of Bankruptcy | Less than 6% |
Most of American Woodmark'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, American Woodmark is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of American Woodmark 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 American Woodmark 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 American Woodmark financial health.
Is American Woodmark'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 American Woodmark. If investors know American 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 American Woodmark 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 0.5 | Earnings Share 7.26 | Revenue Per Share 114.628 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0649 |
The market value of American Woodmark is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Woodmark's value that differs from its market value or its book value, called intrinsic value, which is American Woodmark'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 American Woodmark's market value can be influenced by many factors that don't directly affect American Woodmark'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 American Woodmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Woodmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Woodmark'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.
American Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for American Woodmark is extremely important. It helps to project a fair market value of American Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since American Woodmark'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 American Woodmark'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 American Woodmark'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, American Woodmark has a Probability Of Bankruptcy of 6.0%. This is 85.5% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The probability of bankruptcy for all United States stocks is 84.94% higher than that of the company.
American Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Woodmark'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 American Woodmark could also be used in its relative valuation, which is a method of valuing American Woodmark by comparing valuation metrics of similar companies.American Woodmark is currently under evaluation in probability of bankruptcy category among related companies.
American Woodmark Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.0454 | 0.0374 | (0.0182) | 0.0617 | 0.071 | 0.0596 | |
| Asset Turnover | 1.02 | 1.07 | 1.14 | 1.36 | 1.56 | 2.05 | |
| Net Debt | 631.4M | 560.3M | 603.7M | 436.1M | 501.5M | 526.6M | |
| Total Current Liabilities | 155.6M | 220.4M | 216.2M | 178.1M | 204.8M | 215.1M | |
| Non Current Liabilities Total | 766.7M | 673.2M | 643.4M | 466.9M | 536.9M | 563.8M | |
| Total Assets | 1.6B | 1.6B | 1.6B | 1.5B | 1.7B | 1.8B | |
| Total Current Assets | 325.2M | 392.1M | 428.7M | 368.3M | 423.5M | 444.7M | |
| Total Cash From Operating Activities | 177.5M | 151.8M | 24.4M | 196.7M | 226.2M | 237.5M |
American Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0649 | ||||
| Profit Margin | 0.06 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 1.9 B | ||||
| Shares Outstanding | 15.85 M | ||||
| Shares Owned By Insiders | 1.44 % | ||||
| Shares Owned By Institutions | 96.57 % | ||||
| Number Of Shares Shorted | 372.07 K | ||||
| Price To Earning | 13.51 X | ||||
| Price To Book | 1.70 X | ||||
| Price To Sales | 0.81 X | ||||
| Revenue | 2.07 B | ||||
| Gross Profit | 226.44 M | ||||
| EBITDA | 138.11 M | ||||
| Net Income | 93.72 M | ||||
| Cash And Equivalents | 44.83 M | ||||
| Cash Per Share | 2.70 X | ||||
| Total Debt | 477.81 M | ||||
| Debt To Equity | 0.72 % | ||||
| Current Ratio | 2.26 X | ||||
| Book Value Per Share | 56.72 X | ||||
| Cash Flow From Operations | 196.73 M | ||||
| Short Ratio | 2.93 X | ||||
| Earnings Per Share | 7.26 X | ||||
| Price To Earnings To Growth | 2.46 X | ||||
| Target Price | 104.2 | ||||
| Number Of Employees | 8.8 K | ||||
| Beta | 1.73 | ||||
| Market Capitalization | 1.49 B | ||||
| Total Asset | 1.52 B | ||||
| Retained Earnings | 493.16 M | ||||
| Working Capital | 190.13 M | ||||
| Current Asset | 302.21 M | ||||
| Current Liabilities | 92.31 M | ||||
| Five Year Return | 0.60 % | ||||
| Net Asset | 1.52 B |
About American Woodmark Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American Woodmark's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Woodmark using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Woodmark 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.
American Woodmark Investors Sentiment
The influence of American Woodmark'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 American. 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 American Woodmark's public news can be used to forecast risks associated with an investment in American. The trend in average sentiment can be used to explain how an investor holding American can time the market purely based on public headlines and social activities around American Woodmark. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
American Woodmark'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 American Woodmark'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 American Woodmark's news discussions. The higher the estimated score, the more favorable is the investor's outlook on American Woodmark.
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 American Woodmark 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, American Woodmark's short interest history, or implied volatility extrapolated from American Woodmark options trading.
Pair Trading with American Woodmark
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Woodmark position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Woodmark will appreciate offsetting losses from the drop in the long position's value.Moving together with American Stock
| 0.62 | ETD | Ethan Allen Interiors Financial Report 7th of August 2024 | PairCorr |
Moving against American Stock
| 0.42 | VIOT | Viomi Technology ADR | PairCorr |
The ability to find closely correlated positions to American Woodmark could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Woodmark when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Woodmark - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Woodmark to buy it.
The correlation of American Woodmark is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Woodmark moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Woodmark moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Woodmark can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out American Woodmark Piotroski F Score and American Woodmark Altman Z Score analysis. For information on how to trade American Stock refer to our How to Trade American Stock guide.You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for American Stock analysis
When running American Woodmark's price analysis, check to measure American Woodmark'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 American Woodmark is operating at the current time. Most of American Woodmark's value examination focuses on studying past and present price action to predict the probability of American Woodmark's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Woodmark's price. Additionally, you may evaluate how the addition of American Woodmark to your portfolios can decrease your overall portfolio volatility.
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Is American Woodmark'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 American Woodmark. If investors know American 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 American Woodmark 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 0.5 | Earnings Share 7.26 | Revenue Per Share 114.628 | Quarterly Revenue Growth (0.12) | Return On Assets 0.0649 |
The market value of American Woodmark is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Woodmark's value that differs from its market value or its book value, called intrinsic value, which is American Woodmark'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 American Woodmark's market value can be influenced by many factors that don't directly affect American Woodmark'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 American Woodmark's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Woodmark is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Woodmark'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.