Volaris Stock Z Score

VLRS Stock  USD 7.35  0.10  1.38%   
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 Volaris Piotroski F Score and Volaris Valuation analysis.
For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.
  
At this time, Volaris' Change In Working Capital is comparatively stable compared to the past year. Long Term Debt To Capitalization is likely to gain to 0.85 in 2024, whereas Capital Lease Obligations is likely to drop slightly above 3 B in 2024. At this time, Volaris' Interest Expense is comparatively stable compared to the past year. Total Revenue is likely to gain to about 3.3 B in 2024, whereas Selling General Administrative is likely to drop slightly above 143.4 M in 2024.

Volaris Z Score Analysis

Volaris' 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

Current Volaris Z Score

    
  1.01  
Most of Volaris' fundamental indicators, such as Z Score, 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, Volaris is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

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 )

Volaris Z Score Driver Correlations

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

As per the company's disclosures, Volaris has a Z Score of 1.01. This is 75.18% lower than that of the Passenger Airlines sector and 13.68% lower than that of the Industrials industry. The z score for all United States stocks is 88.42% higher than that of the company.

Volaris Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Volaris' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Volaris could also be used in its relative valuation, which is a method of valuing Volaris by comparing valuation metrics of similar companies.
Volaris is currently under evaluation in z score category among related companies.

Volaris Institutional Holders

Institutional Holdings refers to the ownership stake in Volaris that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Volaris' 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 Volaris' value.
Shares
Hound Partners, Llc2023-09-30
858.2 K
Bank Of America Corp2023-09-30
776.4 K
Fiera Capital Corporation2023-09-30
554.4 K
Tt International Asset Management Ltd2023-09-30
473.1 K
Centerbook Partners Lp2023-09-30
436.9 K
Morgan Stanley - Brokerage Accounts2023-09-30
417.1 K
Ancient Art, L.p.2023-09-30
412.2 K
Altimeter Capital Management, Llc2023-09-30
379.3 K
Dimensional Fund Advisors, Inc.2023-12-31
283.8 K
Indigo Partners Llc2023-12-31
21.3 M
Teewinot Capital Advisers Llc2023-09-30
4.2 M

Volaris Fundamentals

About Volaris Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Volaris's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Volaris using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Volaris 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.
Controladora Vuela Compaa de Aviacin, S.A.B. de C.V., through its subsidiaries, Concesionaria Vuela Compaa de Aviacin, S.A.P.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. Controladora Vuela Compaa de Aviacin, S.A.B. de C.V. was incorporated in 2005 and is headquartered in Mexico City, Mexico. Controladora Vuela operates under Airlines classification in the United States and is traded on New York Stock Exchange. It employs 6714 people.

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When determining whether Volaris is a strong investment it is important to analyze Volaris' 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 Volaris' future performance. For an informed investment choice regarding Volaris Stock, refer to the following important reports:
Check out Volaris Piotroski F Score and Volaris Valuation analysis.
For more information on how to buy Volaris Stock please use our How to Invest in Volaris guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

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When running Volaris' price analysis, check to measure Volaris' 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 Volaris is operating at the current time. Most of Volaris' value examination focuses on studying past and present price action to predict the probability of Volaris' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Volaris' price. Additionally, you may evaluate how the addition of Volaris to your portfolios can decrease your overall portfolio volatility.
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Is Volaris' 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 Volaris. If investors know Volaris 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 Volaris 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
(0.48)
Earnings Share
0.07
Revenue Per Share
28.27
Quarterly Revenue Growth
0.096
Return On Assets
0.029
The market value of Volaris is measured differently than its book value, which is the value of Volaris that is recorded on the company's balance sheet. Investors also form their own opinion of Volaris' value that differs from its market value or its book value, called intrinsic value, which is Volaris' 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 Volaris' market value can be influenced by many factors that don't directly affect Volaris' 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 Volaris' value and its price as these two are different measures arrived at by different means. Investors typically determine if Volaris is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Volaris' 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.