Asm Pacific Technology Stock Z Score

ASMVF Stock  USD 12.50  0.00  0.00%   
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in ASM Pacific Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
  

ASM Pacific Technology Company Z Score Analysis

ASM Pacific'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

Current ASM Pacific Z Score

    
  0.6  
Most of ASM Pacific'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, ASM Pacific Technology is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

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 )

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, ASM Pacific Technology has a Z Score of 0.6. This is 95.54% lower than that of the Technology sector and 88.76% lower than that of the Semiconductor Equipment & Materials industry. The z score for all United States stocks is 93.12% higher than that of the company.

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ASM Fundamentals

About ASM Pacific Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze ASM Pacific Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ASM Pacific using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ASM Pacific Technology 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.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in ASM Pacific Technology. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running ASM Pacific's price analysis, check to measure ASM Pacific'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 Pacific is operating at the current time. Most of ASM Pacific's value examination focuses on studying past and present price action to predict the probability of ASM Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ASM Pacific's price. Additionally, you may evaluate how the addition of ASM Pacific to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between ASM Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if ASM Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ASM Pacific'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.