Carpenter Technology Probability Of Bankruptcy

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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 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 
 = 
38 %

Distress Driver Correlations

About Probability Of Bankruptcy

Probability of Bankruptcy SHOULD NOT be confused with 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 to meet its current financial obligations towards its creditors or to deliver on the expectations of its investors. Macroaxis derives these conditions on a daily bases 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, revenues patterns, RND expenses, as well as public headlines and social sentiment.
Compare 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 38.0%. This is 3.65% lower than that of the Industrial Goods sector, and 4.65% higher than that of Metal Fabrication industry, The Probability Of Bankruptcy for all stocks is 1.68% higher than the company.
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Probability Of Bankruptcy Input Range 
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Found 13 equities by Probability Of Bankruptcy
TS NYQTenaris SA
1 %
VMI NYQValmont Industries Inc
11 %
MLI NYQMueller Industries Inc
5 %
ATI NYQAllegheny Technologies Inc
40 %
CRS NYQCarpenter Technology Corp
38 %
GTLS NMSChart Industries Inc
16 %
ROHITFERRO NSEROHIT FERROTECH INR10
77 %
CSTM NYQConstellium NV
40 %
HAYN NMSHaynes International Inc
2 %
RYI NYQRyerson Holding Corporation
29 %
AA NYQAlcoa Inc
31 %
RS NYQReliance Steel Aluminum Co
29 %
SCCO NYQSouthern Copper Corp
27 %
You can backtest this sub-set of assets as a synthetic portfolio or check its risk adjusted returns  
Peer Comparison
Carpenter Technology Probability Of Bankruptcy Comparison
  Probability Of Bankruptcy 
Benchmark  Embed   Carpenter Technology Comparables 
Carpenter Technology is rated third in probability of bankruptcy category among related companies.
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Return On Equity(0.32) %
Return On Asset1.99 %
Profit Margin(0.22) %
Operating Margin5.19 %
Current Valuation2.33 B
Shares Outstanding46.62 M
Shares Owned by Insiders8.95 %
Shares Owned by Institutions89.40 %
Number of Shares Shorted4.53 M
Price to Earning169.87 times
Price to Book1.58 times
Price to Sales1.01 times
Revenue1.75 B
Gross Profit255.9 M
EBITDA203.4 M
Net Income(3.9 M)
Cash and Equivalents51.3 M
Cash per Share1.10 times
Total Debt609.6 M
Debt to Equity0.54 times
Current Ratio3.95 times
Book Value Per Share24.04 times
Cash Flow from Operations219.3 M
Short Ratio11.06 times
One Year High42.27
One Year Low23.99
Earnings Per Share(0.08) times
Price to Earnings To Growth2.31 times
Number of Employees4.5 K
Beta2.18
Market Capitalization1.78 B
Total Asset2.81 B
Retained Earnings1.29 B
Working Capital778.8 M
Current Asset1.04 B
Current Liabilities264.3 M
Z Score1.2