Antero Z Score
AM   USA Stock  USD 9.20 0.16 1.71% 
Antero Z Score Analysis
Antero Midstream's ZScore is a simple linear, multifactor 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..2018  2019  2020  2021 (projected)  
Share Based Compensation  35.11 M  73.52 M  12.78 M  13.11 M 
Net Cash Flow from Operations  83.53 M  622.39 M  753.38 M  812.86 M 
Z Score  =  Sum Of   5 Factors 
Current Antero Midstream Z Score  0.6 
Most of Antero Midstream'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, Antero Midstream Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Antero Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Antero Midstream is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Antero Midstream'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 Antero Midstream'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 Antero Midstream's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore 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 ZScores 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 socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition 
In accordance with the company's disclosures, Antero Midstream Corp has a Z Score of 0.6. This is 73.09% lower than that of the Energy sector and 25.93% lower than that of the Oil & Gas Midstream industry. The z score for all United States stocks is 93.12% higher than that of the company.
Antero Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Antero Midstream'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 Antero Midstream could also be used in its relative valuation, which is a method of valuing Antero Midstream by comparing valuation metrics of similar companies.Antero Midstream is currently under evaluation in z score category among related companies.
Antero Midstream Current Valuation Drivers
We derive many important indicators used in calculating different scores of Antero Midstream from analyzing Antero Midstream's financial statements. These drivers represent accounts that assess Antero Midstream's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Antero Midstream's important valuation drivers and their relationship over time.
2016  2017  2018  2019  2020  2021 (projected)  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  16.13 M  28.59 M  99.06 M  (251.65 M)  77.58 M  83.71 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  16.13 M  28.59 M  99.06 M  (251.65 M)  77.58 M  83.71 M  
Earnings before Tax  16.13 M  28.59 M  98.92 M  (457.58 M)  (178.22 M)  (182.9 M)  
Free Cash Flow  9.54 M  28.08 M  83.53 M  230.4 M  556.66 M  600.6 M  
Invested Capital  660 K  9.62 M  28.04 M  6.86 B  7.18 B  7.75 B  
Tangible Asset Value  17.37 M  29.76 M  47.7 M  4.21 B  4.18 B  4.51 B  
Working Capital  2.73 M  (8.16 M)  (13.94 M)  (133.53 M)  (74 K)  (79.84 K) 
Antero Midstream Institutional Holders
Institutional Holdings refers to the ownership stake in Antero Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Antero Midstream'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 highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Antero Midstream's value.Security Type  Shares  Value  
Tinicum Inc  Common Shares  8.7 M  90.5 M  
Chickasaw Capital Management Llc  Common Shares  3 M  30.7 M  
Ddd Partners Llc  Common Shares  2.6 M  26.6 M  
Advisors Capital Management Llc  Common Shares  1.8 M  18.5 M  
Advisors Asset Management Inc  Common Shares  1.6 M  16.5 M  
Alliancebernstein Lp  Common Shares  482.9 K  5 M  
New York State Common Retirement Fund  Common Shares  452.5 K  4.7 M 
Antero Fundamentals
Return On Equity  14.31 %  
Return On Asset  6.09 %  
Profit Margin  37.17 %  
Operating Margin  76.86 %  
Current Valuation  7.7 B  
Shares Outstanding  477.36 M  
Shares Owned by Insiders  32.88 %  
Shares Owned by Institutions  52.92 %  
Number of Shares Shorted  9.24 M  
Price to Earning  13.29 X  
Price to Book  1.96 X  
Price to Sales  4.86 X  
Revenue  951.87 M  
Gross Profit  806 M  
EBITDA  731.57 M  
Net Income  353.3 M  
Cash and Equivalents  261 K  
Total Debt  3.1 B  
Debt to Equity  1.32 %  
Current Ratio  1.14 X  
Book Value Per Share  4.94 X  
Cash Flow from Operations  772.1 M  
Short Ratio  3.20 X  
Earnings Per Share  0.73 X  
Price to Earnings To Growth  (0.67) X  
Number of Employees  522  
Beta  3.13  
Market Capitalization  4.63 B  
Total Asset  1.98 B  
Retained Earnings  (331.68 M)  
Working Capital  (23.31 M)  
Current Asset  75.3 M  
Current Liabilities  98.61 M  
Z Score  0.6  
Last Dividend Paid  0.9 
About Antero Midstream Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Antero Midstream Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Antero Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Antero Midstream Corp 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.Antero Midstream Corporation owns, operates, and develops midstream energy infrastructure. The company was incorporated in 2013 and is headquartered in Denver, Colorado. Antero Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 522 people.
Antero Midstream Investors Sentiment
The influence of Antero Midstream's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Antero. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.Pair Trading with Antero Midstream
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 Antero Midstream 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 Antero Midstream will appreciate offsetting losses from the drop in the long position's value.Antero Midstream Pair Correlation
Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Antero Midstream and Flex Lng. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better riskadjusted return
Run Pair Correlation 
Please continue to Antero Midstream Piotroski F Score and Antero Midstream Valuation analysis. Note that the Antero Midstream Corp information on this page should be used as a complementary analysis to other Antero Midstream's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Antero Stock analysis
When running Antero Midstream Corp price analysis, check to measure Antero Midstream'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 Antero Midstream is operating at the current time. Most of Antero Midstream's value examination focuses on studying past and present price action to predict the probability of Antero Midstream's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Antero Midstream's price. Additionally, you may evaluate how the addition of Antero Midstream to your portfolios can decrease your overall portfolio volatility.
Stock TickersUse highimpact, comprehensive, and customizable stock tickers that can be easily integrated to any websites  Go  
Equity SearchSearch for activelly traded equities including funds and ETFs from over 30 global markets  Go  
Crypto CorrelationsUse cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins  Go  
Portfolio BacktestingAvoid underdiversification and overoptimization by backtesting your portfolios  Go  
Financial WidgetsEasily integrated Macroaxis content with over 30 different plugandplay financial widgets  Go  
Headlines TimelineStay connected to all market stories and filter out noise. Drill down to analyze hype elasticity  Go  
Money Flow IndexDetermine momentum by analyzing Money Flow Index and other technical indicators  Go  
Global Markets MapGet a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes  Go  
Equity ForecastingUse basic forecasting models to generate price predictions and determine price momentum  Go  
Focused OpportunitiesBuild portfolios using our predefined set of ideas and optimize them against your investing preferences  Go  
Theme RatingsDetermine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and riskadjusted market performance  Go  
Idea BreakdownAnalyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sectorfocused investing themes  Go  
Aroon OscillatorAnalyze current equity momentum using Aroon Oscillator and other momentum ratios  Go 
The market value of Antero Midstream Corp is measured differently than its book value, which is the value of Antero that is recorded on the company's balance sheet. Investors also form their own opinion of Antero Midstream's value that differs from its market value or its book value, called intrinsic value, which is Antero Midstream'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 Antero Midstream's market value can be influenced by many factors that don't directly affect Antero Midstream Corp underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Antero Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine Antero Midstream value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Antero Midstream'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.