Aristocrat Leisure Limited Stock Z Score
| ARLUF Stock | USD 26.76 0.13 0.48% |
Aristocrat |
Aristocrat Leisure Limited Company Z Score Analysis
Aristocrat Leisure'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..
Current Aristocrat Leisure Z Score | 4.2 |
Most of Aristocrat Leisure'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, Aristocrat Leisure Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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, Aristocrat Leisure Limited has a Z Score of 4.2. This is 30.03% higher than that of the Consumer Cyclical sector and 50.0% higher than that of the Gambling industry. The z score for all United States stocks is 51.83% higher than that of the company.
Aristocrat Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Aristocrat Leisure's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Aristocrat Leisure could also be used in its relative valuation, which is a method of valuing Aristocrat Leisure by comparing valuation metrics of similar companies.Aristocrat Leisure is currently under evaluation in z score category among related companies.
Aristocrat Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.097 | |||
| Profit Margin | 0.17 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 15.03 B | |||
| Shares Outstanding | 657.4 M | |||
| Shares Owned By Insiders | 11.25 % | |||
| Shares Owned By Institutions | 37.15 % | |||
| Price To Earning | 14.46 X | |||
| Price To Book | 3.67 X | |||
| Price To Sales | 2.68 X | |||
| Revenue | 5.57 B | |||
| Gross Profit | 3.08 B | |||
| EBITDA | 1.98 B | |||
| Net Income | 948.5 M | |||
| Cash And Equivalents | 2.99 B | |||
| Cash Per Share | 4.46 X | |||
| Total Debt | 2.36 B | |||
| Debt To Equity | 0.52 % | |||
| Current Ratio | 3.77 X | |||
| Book Value Per Share | 9.14 X | |||
| Cash Flow From Operations | 1.25 B | |||
| Earnings Per Share | 0.99 X | |||
| Number Of Employees | 7.5 K | |||
| Beta | 0.91 | |||
| Market Capitalization | 16.52 B | |||
| Total Asset | 10.12 B | |||
| Retained Earnings | 437 M | |||
| Working Capital | 326 M | |||
| Current Asset | 875 M | |||
| Current Liabilities | 549 M | |||
| Z Score | 4.2 | |||
| Annual Yield | 0.01 % | |||
| Five Year Return | 1.21 % | |||
| Net Asset | 10.12 B | |||
| Last Dividend Paid | 0.52 |
About Aristocrat Leisure Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Aristocrat Leisure Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Aristocrat Leisure using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Aristocrat Leisure Limited 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Aristocrat Leisure in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Aristocrat Leisure's short interest history, or implied volatility extrapolated from Aristocrat Leisure options trading.
Pair Trading with Aristocrat Leisure
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 Aristocrat Leisure 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 Aristocrat Leisure will appreciate offsetting losses from the drop in the long position's value.Moving against Aristocrat Pink Sheet
| 0.65 | PDYPY | Flutter Entertainment PLC | PairCorr |
| 0.64 | AWCMY | Alumina Limited PK | PairCorr |
| 0.64 | BKLRF | Berkeley Energy | PairCorr |
| 0.63 | AWCMF | Alumina Limited | PairCorr |
| 0.48 | CHDN | Churchill Downs rporated Earnings Call Tomorrow | PairCorr |
The ability to find closely correlated positions to Aristocrat Leisure could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aristocrat Leisure 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 Aristocrat Leisure - 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 Aristocrat Leisure Limited to buy it.
The correlation of Aristocrat Leisure 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 Aristocrat Leisure moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aristocrat Leisure 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 Aristocrat Leisure 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.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Aristocrat Leisure Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Aristocrat Pink Sheet analysis
When running Aristocrat Leisure's price analysis, check to measure Aristocrat Leisure'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 Aristocrat Leisure is operating at the current time. Most of Aristocrat Leisure's value examination focuses on studying past and present price action to predict the probability of Aristocrat Leisure's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aristocrat Leisure's price. Additionally, you may evaluate how the addition of Aristocrat Leisure to your portfolios can decrease your overall portfolio volatility.
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