Altisource Asset Management Stock Z Score
| AAMC Stock | USD 1.49 0.06 3.87% |
Altisource | Z Score |
Altisource Asset Management Company Z Score Analysis
Altisource Asset'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..
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Altisource Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Altisource Asset is extremely important. It helps to project a fair market value of Altisource Stock properly, considering its historical fundamentals such as Z Score. Since Altisource Asset'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 Altisource Asset'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 Altisource Asset's interrelated accounts and indicators.
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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 |
In accordance with the company's disclosures, Altisource Asset Management has a Z Score of 0.0. This is 100.0% lower than that of the Real Estate Management & Development sector and 100.0% lower than that of the Real Estate industry. The z score for all United States stocks is 100.0% higher than that of the company.
Altisource Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Altisource Asset'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 Altisource Asset could also be used in its relative valuation, which is a method of valuing Altisource Asset by comparing valuation metrics of similar companies.Altisource Asset is currently under evaluation in z score category among its peers.
Altisource Asset Current Valuation Drivers
We derive many important indicators used in calculating different scores of Altisource Asset from analyzing Altisource Asset's financial statements. These drivers represent accounts that assess Altisource Asset's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altisource Asset's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 19.6M | 38.5M | 35.8M | 38.8M | 12.1M | 11.5M | |
| Enterprise Value | 4.1M | (2.5M) | (41.7M) | 81.1M | 4.3M | 4.1M |
Altisource Fundamentals
| Return On Equity | -1.32 | ||||
| Return On Asset | -0.28 | ||||
| Operating Margin | (22.95) % | ||||
| Current Valuation | (62.68 M) | ||||
| Shares Outstanding | 2.55 M | ||||
| Shares Owned By Insiders | 69.46 % | ||||
| Shares Owned By Institutions | 4.09 % | ||||
| Number Of Shares Shorted | 11.49 K | ||||
| Price To Earning | 0.83 X | ||||
| Price To Book | 3.49 X | ||||
| Price To Sales | 5.53 X | ||||
| Revenue | (11.69 M) | ||||
| Gross Profit | (5.63 M) | ||||
| EBITDA | (24.1 M) | ||||
| Net Income | (32.55 M) | ||||
| Cash And Equivalents | 31.32 M | ||||
| Cash Per Share | 17.63 X | ||||
| Total Debt | 900 K | ||||
| Debt To Equity | 0.01 % | ||||
| Current Ratio | 26.31 X | ||||
| Book Value Per Share | 0.43 X | ||||
| Cash Flow From Operations | 5.47 M | ||||
| Short Ratio | 0.63 X | ||||
| Earnings Per Share | 40.42 X | ||||
| Number Of Employees | 13 | ||||
| Beta | 1.37 | ||||
| Market Capitalization | 3.81 M | ||||
| Total Asset | 25.54 M | ||||
| Retained Earnings | 8.97 M | ||||
| Working Capital | (555.1 M) | ||||
| Current Asset | 251.14 M | ||||
| Current Liabilities | 806.24 M | ||||
| Net Asset | 25.54 M |
About Altisource Asset Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Altisource Asset Management's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altisource Asset using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altisource Asset Management 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.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Altisource Stock
When determining whether Altisource Asset Man offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Altisource Asset's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Altisource Asset Management Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Altisource Asset Management Stock:Check out Altisource Asset Piotroski F Score and Altisource Asset Valuation analysis. You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Real Estate Management & Development space 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 Altisource Asset. If investors know Altisource 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 Altisource Asset 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 (0.98) | Earnings Share 40.42 | Revenue Per Share (0.23) | Quarterly Revenue Growth (0.98) | Return On Assets (0.28) |
The market value of Altisource Asset Man is measured differently than its book value, which is the value of Altisource that is recorded on the company's balance sheet. Investors also form their own opinion of Altisource Asset's value that differs from its market value or its book value, called intrinsic value, which is Altisource Asset'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 Altisource Asset's market value can be influenced by many factors that don't directly affect Altisource Asset'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 Altisource Asset's value and its price as these two are different measures arrived at by different means. Investors typically determine if Altisource Asset is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altisource Asset'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.