Equity Lifestyle Properties Stock Z Score

ELS Stock

USD 62.33 0.53 0.86%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Equity Lifestyle Piotroski F Score and Equity Lifestyle Valuation analysis.

Additional Paid In Capital is likely to gain to about 1.5 B in 2024, whereas Capital Surpluse is likely to drop slightly above 1.3 B in 2024. At this time, Equity Lifestyle's Net Income Applicable To Common Shares is comparatively stable compared to the past year. Extraordinary Items is likely to gain to about 58.8 M in 2024, whereas EBIT is likely to drop slightly above 225.3 M in 2024.

Equity Lifestyle Properties Company Z Score Analysis

Equity Lifestyle's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Equity Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Equity Lifestyle is extremely important. It helps to project a fair market value of Equity Stock properly, considering its historical fundamentals such as Z Score. Since Equity Lifestyle'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 Equity Lifestyle'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 Equity Lifestyle's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Short Term Investments	Total Liab	Total Current Assets	Accounts Payable	Net Receivables	Common Stock	Long Term Debt	Intangible Assets	Current Deferred Revenue	Short Term Debt	Net Tangible Assets	Total Permanent Equity	Good Will	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Property Plant Equipment	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.98	0.99	-0.46	-0.61	1.0	-0.34	0.71	0.43	0.85	0.86	0.38	0.84	-0.52	0.85	0.69	-0.1	0.84	0.9	-0.01	0.7	0.66	-0.64	0.79	-0.77	0.75
Total Stockholder Equity	0.98		0.96	-0.35	-0.59	0.96	-0.32	0.76	0.33	0.9	0.83	0.34	0.8	-0.58	0.89	0.75	-0.13	0.8	0.93	0.05	0.71	0.74	-0.75	0.78	-0.78	0.79
Net Debt	0.99	0.96		-0.51	-0.62	1.0	-0.34	0.67	0.48	0.81	0.86	0.39	0.83	-0.47	0.81	0.64	-0.05	0.84	0.88	0.0	0.67	0.63	-0.58	0.78	-0.75	0.72
Retained Earnings	-0.46	-0.35	-0.51		0.86	-0.49	-0.13	-0.32	-0.77	0.02	-0.45	0.36	-0.09	-0.14	-0.07	0.03	-0.59	-0.26	-0.25	-0.2	-0.02	0.0	-0.11	0.07	-0.11	0.17
Short Term Investments	-0.61	-0.59	-0.62	0.86		-0.61	-0.03	-0.6	-0.74	-0.26	-0.57	0.47	-0.12	0.14	-0.35	-0.27	-0.42	-0.32	-0.5	-0.17	-0.12	-0.21	0.23	-0.03	0.05	-0.08
Total Liab	1.0	0.96	1.0	-0.49	-0.61		-0.35	0.69	0.47	0.82	0.86	0.39	0.84	-0.5	0.82	0.67	-0.1	0.85	0.89	-0.04	0.68	0.62	-0.59	0.79	-0.77	0.74
Total Current Assets	-0.34	-0.32	-0.34	-0.13	-0.03	-0.35		-0.1	-0.23	-0.47	-0.25	-0.43	-0.32	0.5	-0.4	-0.48	0.46	-0.32	-0.37	0.45	-0.04	-0.09	0.32	-0.42	0.44	-0.6
Accounts Payable	0.71	0.76	0.67	-0.32	-0.6	0.69	-0.1		0.47	0.58	0.83	-0.06	0.48	-0.59	0.79	0.67	-0.12	0.7	0.83	-0.03	0.6	0.57	-0.66	0.51	-0.49	0.43
Net Receivables	0.43	0.33	0.48	-0.77	-0.74	0.47	-0.23	0.47		0.02	0.61	-0.3	0.09	-0.13	0.27	0.17	0.25	0.42	0.42	-0.17	0.02	-0.01	0.01	0.05	-0.02	-0.01
Common Stock	0.85	0.9	0.81	0.02	-0.26	0.82	-0.47	0.58	0.02		0.68	0.55	0.82	-0.56	0.88	0.71	-0.33	0.74	0.85	-0.03	0.63	0.78	-0.74	0.87	-0.89	0.95
Long Term Debt	0.86	0.83	0.86	-0.45	-0.57	0.86	-0.25	0.83	0.61	0.68		0.25	0.71	-0.38	0.86	0.52	-0.07	0.94	0.92	-0.05	0.58	0.69	-0.48	0.74	-0.7	0.63
Intangible Assets	0.38	0.34	0.39	0.36	0.47	0.39	-0.43	-0.06	-0.3	0.55	0.25		0.77	-0.28	0.42	0.32	-0.46	0.53	0.34	-0.16	0.53	0.4	-0.28	0.79	-0.74	0.68
Current Deferred Revenue	0.84	0.8	0.83	-0.09	-0.12	0.84	-0.32	0.48	0.09	0.82	0.71	0.77		-0.47	0.77	0.61	-0.28	0.86	0.76	-0.01	0.8	0.67	-0.57	0.95	-0.91	0.81
Short Term Debt	-0.52	-0.58	-0.47	-0.14	0.14	-0.5	0.5	-0.59	-0.13	-0.56	-0.38	-0.28	-0.47		-0.65	-0.97	0.52	-0.42	-0.6	0.33	-0.6	-0.27	0.86	-0.51	0.48	-0.54
Net Tangible Assets	0.85	0.89	0.81	-0.07	-0.35	0.82	-0.4	0.79	0.27	0.88	0.86	0.42	0.77	-0.65		0.77	-0.34	0.89	0.98	-0.07	0.73	0.83	-0.79	0.85	-0.8	0.83
Total Permanent Equity	0.69	0.75	0.64	0.03	-0.27	0.67	-0.48	0.67	0.17	0.71	0.52	0.32	0.61	-0.97	0.77		-0.45	0.55	0.74	-0.22	0.69	0.44	-0.93	0.63	-0.6	0.66
Good Will	-0.1	-0.13	-0.05	-0.59	-0.42	-0.1	0.46	-0.12	0.25	-0.33	-0.07	-0.46	-0.28	0.52	-0.34	-0.45		-0.22	-0.23	0.76	-0.34	-0.03	0.29	-0.44	0.43	-0.5
Long Term Debt Total	0.84	0.8	0.84	-0.26	-0.32	0.85	-0.32	0.7	0.42	0.74	0.94	0.53	0.86	-0.42	0.89	0.55	-0.22		0.91	-0.08	0.69	0.74	-0.5	0.89	-0.81	0.73
Capital Surpluse	0.9	0.93	0.88	-0.25	-0.5	0.89	-0.37	0.83	0.42	0.85	0.92	0.34	0.76	-0.6	0.98	0.74	-0.23	0.91		-0.04	0.71	0.8	-0.74	0.81	-0.76	0.78
Deferred Long Term Liab	-0.01	0.05	0.0	-0.2	-0.17	-0.04	0.45	-0.03	-0.17	-0.03	-0.05	-0.16	-0.01	0.33	-0.07	-0.22	0.76	-0.08	-0.04		0.0	0.37	-0.08	-0.14	0.16	-0.21
Long Term Investments	0.7	0.71	0.67	-0.02	-0.12	0.68	-0.04	0.6	0.02	0.63	0.58	0.53	0.8	-0.6	0.73	0.69	-0.34	0.69	0.71	0.0		0.62	-0.71	0.75	-0.65	0.55
Property Plant Equipment	0.66	0.74	0.63	0.0	-0.21	0.62	-0.09	0.57	-0.01	0.78	0.69	0.4	0.67	-0.27	0.83	0.44	-0.03	0.74	0.8	0.37	0.62		-0.65	0.74	-0.69	0.7
Short Long Term Debt	-0.64	-0.75	-0.58	-0.11	0.23	-0.59	0.32	-0.66	0.01	-0.74	-0.48	-0.28	-0.57	0.86	-0.79	-0.93	0.29	-0.5	-0.74	-0.08	-0.71	-0.65		-0.6	0.58	-0.64
Net Invested Capital	0.79	0.78	0.78	0.07	-0.03	0.79	-0.42	0.51	0.05	0.87	0.74	0.79	0.95	-0.51	0.85	0.63	-0.44	0.89	0.81	-0.14	0.75	0.74	-0.6		-0.97	0.91
Net Working Capital	-0.77	-0.78	-0.75	-0.11	0.05	-0.77	0.44	-0.49	-0.02	-0.89	-0.7	-0.74	-0.91	0.48	-0.8	-0.6	0.43	-0.81	-0.76	0.16	-0.65	-0.69	0.58	-0.97		-0.94
Capital Stock	0.75	0.79	0.72	0.17	-0.08	0.74	-0.6	0.43	-0.01	0.95	0.63	0.68	0.81	-0.54	0.83	0.66	-0.5	0.73	0.78	-0.21	0.55	0.7	-0.64	0.91	-0.94

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Equity Lifestyle

According to the company's disclosures, Equity Lifestyle Properties has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Equity Lifestyle Institutional Holders

Institutional Holdings refers to the ownership stake in Equity Lifestyle that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Equity Lifestyle's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Equity Lifestyle's value.

		Shares
Massachusetts Financial Services Company	2023-12-31	2.7 M
Boston Partners Global Investors, Inc	2023-12-31	2.7 M
Goldman Sachs Group Inc	2023-12-31	2.6 M
Resolution Capital Limited	2023-12-31	2.6 M
Jpmorgan Chase & Co	2023-12-31	2.6 M
Dimensional Fund Advisors, Inc.	2023-12-31	2.6 M
Charles Schwab Investment Management Inc	2023-12-31	2.3 M
Legal & General Group Plc	2023-12-31	2.2 M
Bank Of New York Mellon Corp	2023-12-31	1.9 M
Vanguard Group Inc	2023-12-31	24.8 M
Blackrock Inc	2023-12-31	23.5 M

Equity Fundamentals

	Return On Equity	0.22
	Return On Asset	0.0518
	Profit Margin	0.21 %
	Operating Margin	0.33 %
	Current Valuation	14.99 B
	Shares Outstanding	186.49 M
	Shares Owned By Insiders	4.83 %
	Shares Owned By Institutions	99.41 %
	Number Of Shares Shorted	3.97 M
	Price To Earning	52.19 X
	Price To Book	7.97 X
	Price To Sales	8.00 X
	Revenue	1.49 B
	Gross Profit	720.05 M
	EBITDA	523.79 M
	Net Income	314.21 M
	Cash And Equivalents	27.78 M
	Cash Per Share	0.15 X
	Total Debt	3.52 B
	Debt To Equity	2.19 %
	Current Ratio	0.28 X
	Book Value Per Share	7.66 X
	Cash Flow From Operations	548 M
	Short Ratio	3.32 X
	Earnings Per Share	1.69 X
	Price To Earnings To Growth	4.60 X
	Target Price	71.86
	Number Of Employees	4 K
	Beta	0.7
	Market Capitalization	11.95 B
	Total Asset	5.61 B
	Retained Earnings	(223.58 M)
	Working Capital	(547.63 M)
	Current Asset	146.59 M
	Current Liabilities	281.66 M
	Annual Yield	0.03 %
	Five Year Return	2.03 %
	Net Asset	5.61 B
	Last Dividend Paid	1.79

About Equity Lifestyle Fundamental Analysis

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

Pair Trading with Equity Lifestyle

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 Equity Lifestyle 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 Equity Lifestyle will appreciate offsetting losses from the drop in the long position's value.

Moving together with Equity Stock

0.79

Urban Edge Properties Financial Report 14th of May 2024

Pair Corr

Moving against Equity Stock

0.57	PK	Park Hotels Resorts Financial Report 6th of May 2024	Pair Corr
0.43	AVB	AvalonBay Communities Financial Report 24th of April 2024	Pair Corr

The ability to find closely correlated positions to Equity Lifestyle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equity Lifestyle 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 Equity Lifestyle - 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 Equity Lifestyle Properties to buy it.

The correlation of Equity Lifestyle 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 Equity Lifestyle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equity Lifestyle Pro 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 Equity Lifestyle 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.

Pair Correlation Correlation Matching

When determining whether Equity Lifestyle Pro is a strong investment it is important to analyze Equity Lifestyle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equity Lifestyle's future performance. For an informed investment choice regarding Equity Stock, refer to the following important reports:

How To Invest In Equity

Details

Is Equity Stock a good investment?

Details

What is Equity Lifestyle's Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Equity Lifestyle Piotroski F Score and Equity Lifestyle Valuation analysis.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Equity Stock analysis

When running Equity Lifestyle's price analysis, check to measure Equity Lifestyle'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 Equity Lifestyle is operating at the current time. Most of Equity Lifestyle's value examination focuses on studying past and present price action to predict the probability of Equity Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equity Lifestyle's price. Additionally, you may evaluate how the addition of Equity Lifestyle to your portfolios can decrease your overall portfolio volatility.

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Is Equity Lifestyle'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 Equity Lifestyle. If investors know Equity 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 Equity Lifestyle 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

0.256

Dividend Share

1.79

Earnings Share

1.69

Revenue Per Share

8.017

Quarterly Revenue Growth

0.058

The market value of Equity Lifestyle Pro is measured differently than its book value, which is the value of Equity that is recorded on the company's balance sheet. Investors also form their own opinion of Equity Lifestyle's value that differs from its market value or its book value, called intrinsic value, which is Equity Lifestyle'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 Equity Lifestyle's market value can be influenced by many factors that don't directly affect Equity Lifestyle'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 Equity Lifestyle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equity Lifestyle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equity Lifestyle'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Equity Lifestyle Properties Stock Z Score

Equity Lifestyle Properties Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Equity Z Score Driver Correlations

Equity Lifestyle Institutional Holders

Equity Fundamentals

About Equity Lifestyle Fundamental Analysis

Pair Trading with Equity Lifestyle

Moving together with Equity Stock

Moving against Equity Stock

Complementary Tools for Equity Stock analysis

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