# Savola Z Score

 2050 Stock SAR 36.85  0.65  1.80%
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 Savola Piotroski F Score and Savola Valuation analysis.
 Savola

## Savola Z Score Analysis

Savola'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

### Current Savola Z Score

0.6
Most of Savola's 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, Savola Group 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 )
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 Savola
In accordance with the company's disclosures, Savola Group has a Z Score of 0.6. This is 93.38% lower than that of the Consumer Defensive sector and 74.58% lower than that of the Packaged Foods industry. The z score for all Saudi Arabia stocks is 93.12% higher than that of the company.

## Savola Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Savola's 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 Savola could also be used in its relative valuation, which is a method of valuing Savola by comparing valuation metrics of similar companies.
Savola is currently under evaluation in z score category among related companies.

## Savola Fundamentals

 Return On Equity 0.0604 Return On Asset 0.0244 Profit Margin 0.014 % Operating Margin 0.0405 % Current Valuation 25.69 B Shares Outstanding 533.34 M Shares Owned by Insiders 19.45 % Shares Owned by Institutions 19.99 % Price to Earning 20.35 X Price to Book 1.71 X Price to Sales 0.50 X Revenue 24.67 B Gross Profit 4.38 B EBITDA 1.94 B Net Income 221.88 M Cash and Equivalents 594.05 M Cash per Share 1.97 X Total Debt 8.43 B Debt to Equity 156.70 % Current Ratio 0.62 X Book Value Per Share 15.75 X Cash Flow from Operations 864.39 M Earnings Per Share 0.74 X Price to Earnings To Growth 3.60 X Target Price 33.1 Number of Employees 10 Beta 0.38 Market Capitalization 15.17 B Total Asset 28.55 B Z Score 0.6 Annual Yield 0.0071 % Net Asset 28.55 B Last Dividend Paid 0.2

The Macroaxis Fundamental Analysis modules help investors analyze Savola Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Savola using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Savola Group 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.
Savola Group Company, through its subsidiaries, manufactures, markets, and distributes food products in the Middle East, North Africa, and Turkey region. The company was founded in 1978 and is headquartered in Jeddah, the Kingdom of Saudi Arabia. SAVOLA is traded on Commodity Exchange in Exotistan.

## Be your own money manager

Our tools can tell you how much better you can do entering a position in Savola without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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## Thematic Opportunities

### Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Check out Savola Piotroski F Score and Savola Valuation analysis. You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

## Complementary Tools for Savola Stock analysis

When running Savola's price analysis, check to measure Savola'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 Savola is operating at the current time. Most of Savola's value examination focuses on studying past and present price action to predict the probability of Savola's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savola's price. Additionally, you may evaluate how the addition of Savola to your portfolios can decrease your overall portfolio volatility.
 Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments Portfolio ManagerState of the art Portfolio Manager to monitor and improve performance of your invested capital Odds Of BankruptcyGet analysis of equity chance of financial distress in the next 2 years Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk Correlation AnalysisReduce portfolio risk simply by holding instruments which are not perfectly correlated Technical AnalysisCheck basic technical indicators and analysis based on most latest market data Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance Pattern RecognitionUse different Pattern Recognition models to time the market across multiple global exchanges
Please note, there is a significant difference between Savola's value and its price as these two are different measures arrived at by different means. Investors typically determine if Savola is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Savola'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.