Adient Plc Stock Z Score

ADNT Stock

USD 29.69 0.75 2.59%

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 Adient PLC Piotroski F Score and Adient PLC Valuation analysis.

For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.

At this time, Adient PLC's Additional Paid In Capital is comparatively stable compared to the past year. Net Invested Capital is likely to gain to about 4.6 B in 2024, whereas Invested Capital is likely to drop 1.01 in 2024. At this time, Adient PLC's Net Income From Continuing Ops is comparatively stable compared to the past year. Research Development is likely to gain to about 336.2 M in 2024, whereas Selling General Administrative is likely to drop slightly above 397.7 M in 2024.

Adient PLC Company Z Score Analysis

Adient PLC'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 )

Adient Z Score Driver Correlations

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

	Total Assets	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Intangible Assets	Property Plant Equipment	Retained Earnings	Long Term Debt Total	Short Term Investments	Total Permanent Equity	Capital Surpluse	Net Invested Capital	Net Working Capital
Total Assets		0.66	-0.06	0.64	0.82	0.06	0.68	-0.14	0.72	-0.12	0.18	0.55	0.51	0.8	0.13	-0.34	0.78	0.49	-0.12	0.74	0.72	-0.68	0.83	-0.44
Accounts Payable	0.66		-0.38	0.93	0.74	-0.3	0.56	-0.47	0.22	-0.45	0.21	0.61	0.59	0.56	-0.21	-0.45	0.71	0.55	-0.43	0.77	0.62	-0.57	0.66	-0.82
Long Term Debt	-0.06	-0.38		-0.49	-0.36	0.96	0.2	0.01	0.17	-0.14	-0.84	-0.84	-0.86	-0.23	0.96	0.76	-0.63	-0.86	0.99	-0.61	-0.68	0.2	-0.57	0.43
Net Receivables	0.64	0.93	-0.49		0.7	-0.42	0.59	-0.43	0.15	-0.43	0.35	0.72	0.71	0.51	-0.32	-0.58	0.78	0.66	-0.54	0.83	0.76	-0.54	0.73	-0.89
Good Will	0.82	0.74	-0.36	0.7		-0.3	0.41	-0.1	0.48	-0.05	0.25	0.65	0.6	0.73	-0.27	-0.3	0.83	0.55	-0.43	0.73	0.71	-0.75	0.82	-0.41
Total Liab	0.06	-0.3	0.96	-0.42	-0.3		0.22	0.07	0.23	-0.06	-0.8	-0.73	-0.76	-0.14	0.96	0.67	-0.48	-0.75	0.96	-0.47	-0.54	0.25	-0.46	0.31
Long Term Investments	0.68	0.56	0.2	0.59	0.41	0.22		-0.53	0.25	-0.61	-0.08	0.23	0.21	0.59	0.38	-0.17	0.38	0.17	0.16	0.46	0.39	-0.45	0.49	-0.54
Short Long Term Debt	-0.14	-0.47	0.01	-0.43	-0.1	0.07	-0.53		0.24	0.94	0.08	-0.13	-0.11	-0.03	-0.1	0.05	-0.07	-0.05	0.02	-0.21	-0.13	0.2	-0.1	0.46
Total Current Assets	0.72	0.22	0.17	0.15	0.48	0.23	0.25	0.24		0.24	0.16	0.18	0.18	0.49	0.28	-0.22	0.35	0.24	0.11	0.34	0.33	-0.49	0.47	0.07
Short Term Debt	-0.12	-0.45	-0.14	-0.43	-0.05	-0.06	-0.61	0.94	0.24		0.22	0.0	0.02	0.02	-0.26	-0.07	0.04	0.09	-0.13	-0.13	-0.03	0.18	0.0	0.42
Common Stock	0.18	0.21	-0.84	0.35	0.25	-0.8	-0.08	0.08	0.16	0.22		0.8	0.84	0.34	-0.75	-0.92	0.59	0.9	-0.85	0.55	0.7	-0.25	0.63	-0.31
Total Stockholder Equity	0.55	0.61	-0.84	0.72	0.65	-0.73	0.23	-0.13	0.18	0.0	0.8		0.99	0.56	-0.69	-0.81	0.92	0.97	-0.86	0.9	0.95	-0.41	0.89	-0.58
Net Tangible Assets	0.51	0.59	-0.86	0.71	0.6	-0.76	0.21	-0.11	0.18	0.02	0.84	0.99		0.54	-0.72	-0.86	0.89	0.99	-0.88	0.88	0.94	-0.38	0.87	-0.59
Current Deferred Revenue	0.8	0.56	-0.23	0.51	0.73	-0.14	0.59	-0.03	0.49	0.02	0.34	0.56	0.54		-0.1	-0.45	0.71	0.54	-0.29	0.66	0.64	-0.69	0.84	-0.39
Net Debt	0.13	-0.21	0.96	-0.32	-0.27	0.96	0.38	-0.1	0.28	-0.26	-0.75	-0.69	-0.72	-0.1		0.6	-0.47	-0.71	0.95	-0.43	-0.5	0.11	-0.4	0.25
Intangible Assets	-0.34	-0.45	0.76	-0.58	-0.3	0.67	-0.17	0.05	-0.22	-0.07	-0.92	-0.81	-0.86	-0.45	0.6		-0.67	-0.91	0.77	-0.69	-0.77	0.34	-0.7	0.61
Property Plant Equipment	0.78	0.71	-0.63	0.78	0.83	-0.48	0.38	-0.07	0.35	0.04	0.59	0.92	0.89	0.71	-0.47	-0.67		0.86	-0.66	0.91	0.96	-0.53	0.95	-0.64
Retained Earnings	0.49	0.55	-0.86	0.66	0.55	-0.75	0.17	-0.05	0.24	0.09	0.9	0.97	0.99	0.54	-0.71	-0.91	0.86		-0.88	0.85	0.92	-0.38	0.86	-0.57
Long Term Debt Total	-0.12	-0.43	0.99	-0.54	-0.43	0.96	0.16	0.02	0.11	-0.13	-0.85	-0.86	-0.88	-0.29	0.95	0.77	-0.66	-0.88		-0.65	-0.7	0.27	-0.62	0.45
Short Term Investments	0.74	0.77	-0.61	0.83	0.73	-0.47	0.46	-0.21	0.34	-0.13	0.55	0.9	0.88	0.66	-0.43	-0.69	0.91	0.85	-0.65		0.92	-0.5	0.91	-0.69
Total Permanent Equity	0.72	0.62	-0.68	0.76	0.71	-0.54	0.39	-0.13	0.33	-0.03	0.7	0.95	0.94	0.64	-0.5	-0.77	0.96	0.92	-0.7	0.92		-0.49	0.95	-0.63
Capital Surpluse	-0.68	-0.57	0.2	-0.54	-0.75	0.25	-0.45	0.2	-0.49	0.18	-0.25	-0.41	-0.38	-0.69	0.11	0.34	-0.53	-0.38	0.27	-0.5	-0.49		-0.65	0.32
Net Invested Capital	0.83	0.66	-0.57	0.73	0.82	-0.46	0.49	-0.1	0.47	0.0	0.63	0.89	0.87	0.84	-0.4	-0.7	0.95	0.86	-0.62	0.91	0.95	-0.65		-0.55
Net Working Capital	-0.44	-0.82	0.43	-0.89	-0.41	0.31	-0.54	0.46	0.07	0.42	-0.31	-0.58	-0.59	-0.39	0.25	0.61	-0.64	-0.57	0.45	-0.69	-0.63	0.32	-0.55

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 Adient PLC

In accordance with the company's disclosures, Adient PLC has a Z Score of 0.0. This is 100.0% lower than that of the Automobile Components sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 100.0% higher than that of the company.

Adient PLC Institutional Holders

Institutional Holdings refers to the ownership stake in Adient PLC that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Adient PLC'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 Adient PLC's value.

		Shares
Barrow Hanley Mewhinney & Strauss Llc	2023-12-31	1.6 M
Northern Trust Corp	2023-12-31	1.3 M
Entrust Partners Llc	2023-12-31	1.2 M
Lyrical Asset Management Lp	2023-12-31	1.1 M
Fisher Asset Management, Llc	2023-12-31	1 M
Capital World Investors	2023-12-31	1000 K
Bank Of New York Mellon Corp	2023-12-31	964.6 K
Charles Schwab Investment Management Inc	2023-12-31	889.2 K
Nuveen Asset Management, Llc	2023-12-31	887.4 K
Blackrock Inc	2023-12-31	14.2 M
Fmr Inc	2023-12-31	14.1 M

Adient Fundamentals

	Return On Equity	0.12
	Return On Asset	0.03
	Profit Margin	0.01 %
	Operating Margin	0.03 %
	Current Valuation	4.83 B
	Shares Outstanding	91.25 M
	Shares Owned By Insiders	1.74 %
	Shares Owned By Institutions	95.65 %
	Number Of Shares Shorted	5.27 M
	Price To Earning	3.97 X
	Price To Book	1.19 X
	Price To Sales	0.18 X
	Revenue	15.39 B
	Gross Profit	1 B
	EBITDA	870 M
	Net Income	295 M
	Cash And Equivalents	892 M
	Cash Per Share	9.41 X
	Total Debt	2.54 B
	Debt To Equity	1.21 %
	Current Ratio	1.20 X
	Book Value Per Share	25.04 X
	Cash Flow From Operations	667 M
	Short Ratio	5.11 X
	Earnings Per Share	2.23 X
	Price To Earnings To Growth	0.42 X
	Target Price	38.5
	Number Of Employees	70 K
	Beta	2.4
	Market Capitalization	2.68 B
	Total Asset	9.42 B
	Retained Earnings	(903 M)
	Working Capital	578 M
	Current Asset	5.69 B
	Current Liabilities	4.26 B
	Net Asset	9.42 B

About Adient PLC Fundamental Analysis

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

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 Adient PLC 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 Adient PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Adient Stock

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Pair Corr

Moving against Adient Stock

0.66	GM	General Motors Sell-off Trend	Pair Corr
0.42	F	Ford Motor Earnings Call Next Week	Pair Corr

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

The correlation of Adient PLC 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 Adient PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adient PLC 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 Adient PLC 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 Adient PLC is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Adient Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Adient Plc Stock. Highlighted below are key reports to facilitate an investment decision about Adient Plc Stock:

How To Invest In Adient

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Is Adient Stock a good investment?

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What is Adient PLC's Net Worth?

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Check out Adient PLC Piotroski F Score and Adient PLC Valuation analysis.

For more information on how to buy Adient Stock please use our How to Invest in Adient PLC guide.

You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.

Complementary Tools for Adient Stock analysis

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

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Is Adient PLC'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 Adient PLC. If investors know Adient 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 Adient PLC 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

0.664

Earnings Share

2.23

Revenue Per Share

163.449

Quarterly Revenue Growth

(0.01)

Return On Assets

0.03

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

Adient PLC 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 )

Adient Z Score Driver Correlations

Adient PLC Institutional Holders

Adient Fundamentals

About Adient PLC Fundamental Analysis

Pair Trading with Adient PLC

Moving together with Adient Stock

Moving against Adient Stock

Complementary Tools for Adient Stock analysis

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