ASMIY Z Score

ASMIY -  USA Stock  

USD 292.00  14.17  4.63%

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 ASM INTERNATIONAL Piotroski F Score and ASM INTERNATIONAL Valuation analysis.
  
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Working Capital is likely to rise to about 474 M in 2022, whereas Capital Expenditure is likely to drop (37.6 M) in 2022. ASM INTERNATIONAL Research and Development Expense is fairly stable at the moment as compared to the past year. ASM INTERNATIONAL reported Research and Development Expense of 57.47 Million in 2021. Selling General and Administrative Expense is likely to rise to about 95.7 M in 2022, whereas Net Income to Non Controlling Interests is likely to drop (2.4 M) in 2022.

ASMIY Z Score Analysis

ASM INTERNATIONAL'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..
 2013 2014 2021 2022 (projected)
Current Assets518.04 M618 M556.2 M654.86 M
Total Assets1.55 B1.83 B2.1 B2.04 B
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 )

ASMIY Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for ASM INTERNATIONAL is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since ASM INTERNATIONAL'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 ASM INTERNATIONAL'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 ASM INTERNATIONAL'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, ASM INTERNATIONAL NV has a Z Score of 0.0. This is 100.0% lower than that of the Technology sector and 100.0% lower than that of the Semiconductor Equipment & Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

ASMIY Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ASM INTERNATIONAL'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 ASM INTERNATIONAL could also be used in its relative valuation, which is a method of valuing ASM INTERNATIONAL by comparing valuation metrics of similar companies.
ASM INTERNATIONAL is currently under evaluation in z score category among related companies.

ASM INTERNATIONAL Institutional Holders

Institutional Holdings refers to the ownership stake in ASM INTERNATIONAL that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ASM INTERNATIONAL'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 ASM INTERNATIONAL's value.
Security TypeSharesValue
Bessemer Group IncCommon SharesK2.6 M
Captrust Financial AdvisorsCommon Shares2.2 K809 K
Yousif Capital Management LlcCommon Shares773286 K
Yousif Capital Management LlcCommon Shares773345 K
Stillwater Investment Management LlcCommon Shares500223 K
Marshall Wace LlpCommon Shares2.01000
Financial Gravity Asset Management IncCommon Shares0.0394 K

ASMIY Fundamentals

About ASM INTERNATIONAL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASM INTERNATIONAL NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASM INTERNATIONAL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASM INTERNATIONAL NV 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.
ASM International NV, together with its subsidiaries, engages in the research, development, manufacture, marketing, and servicing of equipment and materials that are used to produce semiconductor devices in the United States, Europe, and Asia. ASM International NV was incorporated in 1968 and is headquartered in Almere, the Netherlands. ASM INTERNATIONAL operates under Semiconductor Equipment Materials classification in the United States and is traded on NASDAQ Exchange. It employs 3312 people.

ASM INTERNATIONAL Investors Sentiment

The influence of ASM INTERNATIONAL'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 ASMIY. 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.
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 ASM INTERNATIONAL 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, ASM INTERNATIONAL's short interest history, or implied volatility extrapolated from ASM INTERNATIONAL options trading.

Current Sentiment - ASMIY

ASM INTERNATIONAL Investor Sentiment

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Pair Trading with ASM INTERNATIONAL

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 ASM INTERNATIONAL 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 ASM INTERNATIONAL will appreciate offsetting losses from the drop in the long position's value.

ASM INTERNATIONAL Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to ASM INTERNATIONAL could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace ASM INTERNATIONAL 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 ASM INTERNATIONAL - 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 ASM INTERNATIONAL NV to buy it.
The correlation of ASM INTERNATIONAL is a statistical measure of how it moves in relation to other equities. 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 ASM INTERNATIONAL moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ASM INTERNATIONAL 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 ASM INTERNATIONAL 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 CorrelationCorrelation Matching
Please continue to ASM INTERNATIONAL Piotroski F Score and ASM INTERNATIONAL Valuation analysis. Note that the ASM INTERNATIONAL information on this page should be used as a complementary analysis to other ASM INTERNATIONAL'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 Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running ASM INTERNATIONAL price analysis, check to measure ASM INTERNATIONAL'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 ASM INTERNATIONAL is operating at the current time. Most of ASM INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of ASM INTERNATIONAL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ASM INTERNATIONAL's price. Additionally, you may evaluate how the addition of ASM INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.
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Is ASM INTERNATIONAL'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 ASM INTERNATIONAL. If investors know ASMIY 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 ASM INTERNATIONAL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of ASM INTERNATIONAL is measured differently than its book value, which is the value of ASMIY that is recorded on the company's balance sheet. Investors also form their own opinion of ASM INTERNATIONAL's value that differs from its market value or its book value, called intrinsic value, which is ASM INTERNATIONAL'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 ASM INTERNATIONAL's market value can be influenced by many factors that don't directly affect ASM INTERNATIONAL'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 ASM INTERNATIONAL's value and its price as these two are different measures arrived at by different means. Investors typically determine ASM INTERNATIONAL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASM INTERNATIONAL'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.