Carpenter Technology Probability Of Bankruptcy

  

Probability Of Bankruptcy Analysis

For stocks, Probability Of Bankruptcy is 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 probability of a firm or a fund going into bankruptcy or experiencing financial distress within next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100 indicating the actual probability the firm will be distressed in the next 2 fiscal years.
Carpenter Technology 
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
 = 
44 %

Distress Driver Correlations

About Probability Of Bankruptcy

Companies or funds with Probability Of Bankruptcy above 90% are generally considered to be high risk with a good chance of bankruptcy in the next 2 years. On the other hand entities with Probability Of Bankruptcy of less than 15% will most likely experience some growth in the next 2 years. Probability Of Bankruptcy is based on Macroaxis own algorithm and can be used by auditors, accountants, money managers, financial advisers, as well as day traders to evaluate unsystematic risk of a stock, fund or ETF.
Compare Carpenter Technology to competition

Carpenter Technology Probability Of Bankruptcy Assessment

  Of Bankruptcy 
Benchmark  Embed   Carpenter Technology Comparables 
Based on latest financial disclosure Carpenter Technology Corp has Probability Of Bankruptcy of 44.0%. This is 12.07% higher than that of the Industrial Goods sector, and 16.19% higher than that of Metal Fabrication industry, The Probability Of Bankruptcy for all stocks is 21.11% lower than the firm.
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Found 10 equities by Probability Of Bankruptcy
TS NYQTenaris SA
3 %
VMI NYQValmont Industries Inc
33 %
MLI NYQMueller Industries Inc
13 %
CRS NYQCarpenter Technology Corp
44 %
ATI NYQAllegheny Technologies Inc
55 %
GTLS NMSChart Industries Inc
40 %
CSTM NYQConstellium NV
47 %
RYI NYQRyerson Holding Corporation
41 %
HAYN NMSHaynes International Inc
3 %
GHM NYQGraham Corporation
3 %
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  

Chance of Financial Distress

Carpenter Technology Corp has less than 44 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
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Return On Equity1.46 %
Return On Asset2.79 %
Profit Margin0.99 %
Operating Margin6.72 %
Current Valuation2.2 B
Shares Outstanding46.59 M
Shares Owned by Insiders8.95 %
Shares Owned by Institutions89.40 %
Number of Shares Shorted5.08 M
Price to Earning91.04 times
Price to Book1.32 times
Price to Sales0.82 times
Revenue1.91 B
Gross Profit318.3 M
EBITDA243.5 M
Net Income18.8 M
Cash and Equivalents23.9 M
Cash per Share0.51 times
Total Debt637.9 M
Debt to Equity0.54 times
Current Ratio3.23 times
Book Value Per Share25.48 times
Cash Flow from Operations271.4 M
Short Ratio13.26 times
One Year High43.06
One Year Low23.99
Earnings Per Share0.37 times
Price to Earnings To Growth1.18 times
Number of Employees4.9 K
Beta1.93
Market Capitalization1.59 B
Total Asset2.79 B
Retained Earnings1.3 B
Working Capital701 M
Current Asset1.02 B
Current Liabilities315.1 M
Z Score1.2