Antero Z Score

AM -  USA Stock  

USD 9.20  0.16  1.71%

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. Please continue to Antero Midstream Piotroski F Score and Antero Midstream Valuation analysis.

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Antero Midstream Invested Capital is relatively stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 7.75 Billion. Invested Capital Average is expected to hike to about 7.8 B this year, although the value of Return on Invested Capital will most likely fall to (0.004105) . Antero Midstream Operating Expenses is relatively stable at the moment as compared to the past year. The company's current value of Operating Expenses is estimated at 920.31 Million. Selling General and Administrative Expense is expected to hike to about 57.1 M this year, although the value of Consolidated Income will most likely fall to (125.8 M).

Antero Z Score Analysis

Antero Midstream'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..
 2018 2019 2020 2021 (projected)
Share Based Compensation35.11 M73.52 M12.78 M13.11 M
Net Cash Flow from Operations83.53 M622.39 M753.38 M812.86 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

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.
First Factor
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1.2 * (
Working Capital
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Total Assets )
Second Factor
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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 )

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.
To calculate Z-Score 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. Z-Score 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 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.
201620172018201920202021 (projected)
Earnings Before Interest Taxes and Depreciation Amortization EBITDA16.13 M28.59 M99.06 M(251.65 M)77.58 M83.71 M
Earnings Before Interest Taxes and Depreciation Amortization USD16.13 M28.59 M99.06 M(251.65 M)77.58 M83.71 M
Earnings before Tax16.13 M28.59 M98.92 M(457.58 M)(178.22 M)(182.9 M)
Free Cash Flow9.54 M28.08 M83.53 M230.4 M556.66 M600.6 M
Invested Capital660 K9.62 M28.04 M6.86 B7.18 B7.75 B
Tangible Asset Value17.37 M29.76 M47.7 M4.21 B4.18 B4.51 B
Working Capital2.73 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 high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Antero Midstream's value.
Security TypeSharesValue
Tinicum IncCommon Shares8.7 M90.5 M
Chickasaw Capital Management LlcCommon SharesM30.7 M
Ddd Partners LlcCommon Shares2.6 M26.6 M
Advisors Capital Management LlcCommon Shares1.8 M18.5 M
Advisors Asset Management IncCommon Shares1.6 M16.5 M
Alliancebernstein LpCommon Shares482.9 KM
New York State Common Retirement FundCommon Shares452.5 K4.7 M

Antero Fundamentals

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 decision-making process regarding taking a position in Antero. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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.

Current Sentiment - AM

Antero Midstream Corp Investor Sentiment

Larger part of Macroaxis users are presently bullish on Antero Midstream Corp. What is your sentiment towards investing in Antero Midstream Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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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 risk-adjusted 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.
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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.