Boeing Z Score
BA   USA Stock  USD 226.48 5.15 2.22% 
Boeing Z Score Analysis
Boeing'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)  
Revenues USD  101.13 B  76.56 B  58.16 B  78.59 B 
Revenues  101.13 B  76.56 B  58.16 B  78.59 B 
Z Score  =  Sum Of   5 Factors 
Current Boeing Z Score  1.2 
Most of Boeing'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, Boeing Company is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Boeing Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Boeing is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Boeing'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 Boeing'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 Boeing'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, Boeing Company has a Z Score of 1.2. This is 70.52% lower than that of the Industrials sector and 49.37% lower than that of the Aerospace & Defense industry. The z score for all United States stocks is 86.24% higher than that of the company.
Boeing Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Boeing'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 Boeing could also be used in its relative valuation, which is a method of valuing Boeing by comparing valuation metrics of similar companies.Boeing is currently under evaluation in z score category among related companies.
Boeing Current Valuation Drivers
We derive many important indicators used in calculating different scores of Boeing from analyzing Boeing's financial statements. These drivers represent accounts that assess Boeing's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Boeing's important valuation drivers and their relationship over time.
2016  2017  2018  2019  2020  2021 (projected)  
Net Income Per Employee  32.44 K  58.22 K  68.37 K  (3.95 K)  (83.98 K)  (86.19 K)  
Revenue Per Employee  626.66 K  663.29 K  660.96 K  475.23 K  411.34 K  437.12 K  
Average Assets  90.03 B  95.77 B  114.69 B  128.17 B  154.84 B  138.77 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  7.98 B  12.51 B  14.19 B  734 M  (10.01 B)  (10.27 B)  
Earnings Before Interest Taxes and Depreciation Amortization USD  7.98 B  12.51 B  14.19 B  734 M  (10.01 B)  (10.27 B)  
Earnings before Tax  5.78 B  10.11 B  11.6 B  (2.26 B)  (14.41 B)  (14.79 B)  
Average Equity  1.88 B  200 M  (292.25 M)  (4.48 B)  (12.87 B)  (13.21 B)  
Enterprise Value  97.55 B  177.84 B  186.99 B  198.22 B  171.24 B  158.82 B  
Free Cash Flow  7.92 B  11.7 B  13.72 B  (3.95 B)  (19.42 B)  (19.93 B)  
Invested Capital  33.15 B  31.89 B  30.71 B  42.73 B  109.76 B  118.43 B  
Invested Capital Average  34.58 B  32.18 B  31.53 B  38.02 B  94.99 B  102.48 B  
Market Capitalization  96.08 B  175.64 B  183.14 B  183.33 B  120.84 B  127.31 B  
Tangible Asset Value  82.13 B  104.23 B  106.09 B  122.23 B  141.21 B  128.29 B  
Working Capital  12.35 B  10.55 B  6.24 B  4.92 B  34.36 B  37.07 B 
Boeing Institutional Holders
Institutional Holdings refers to the ownership stake in Boeing that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Boeing'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 Boeing's value.Security Type  Shares  Value  
Alliancebernstein Lp  Common Shares  685 K  164.1 M  
New York State Teachers Retirement System  Common Shares  657.9 K  157.6 M  
Chevy Chase Trust Holdings Inc  Common Shares  354.5 K  84.9 M  
State Of New Jersey Common Pension Fund D  Common Shares  327.7 K  78.5 M  
Strs Ohio  Common Shares  240.4 K  57.6 M  
Fisher Asset Management Llc  Common Shares  240 K  57.5 M  
Huntington National Bank  Common Shares  207.5 K  49.7 M 
Boeing Fundamentals
Return On Equity  0.0014 %  
Return On Asset  (3.26) %  
Profit Margin  (20.86) %  
Operating Margin  (9.58) %  
Current Valuation  179.41 B  
Shares Outstanding  584.81 M  
Shares Owned by Insiders  0.09 %  
Shares Owned by Institutions  54.66 %  
Number of Shares Shorted  9.86 M  
Price to Earning  55.89 X  
Price to Book  25.66 X  
Price to Sales  2.34 X  
Revenue  56.47 B  
Gross Profit  (1.69 B)  
EBITDA  (5.41 B)  
Net Income  (11.78 B)  
Cash and Equivalents  21.92 B  
Cash per Share  37.48 X  
Total Debt  63.57 B  
Debt to Equity  17.31 %  
Current Ratio  1.33 X  
Book Value Per Share  (30.90) X  
Cash Flow from Operations  (17.49 B)  
Short Ratio  0.57 X  
Earnings Per Share  (20.55) X  
Price to Earnings To Growth  (14.40) X  
Number of Employees  141 K  
Beta  1.69  
Market Capitalization  132.08 B  
Total Asset  94.41 B  
Retained Earnings  48.23 B  
Working Capital  17.82 B  
Current Asset  68.23 B  
Current Liabilities  50.41 B  
Z Score  1.2  
Five Year Return  2.48 %  
Last Dividend Paid  2.06 
About Boeing Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Boeing Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Boeing using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Boeing Company 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.The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sales, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company was founded in 1916 and is based in Chicago, Illinois. Boeing operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 141000 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Boeing without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio RebalancingAnalyze riskadjusted returns against different time horizons to find assetallocation targets 
All Next  Launch Module 
Pair Trading with Boeing
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 Boeing 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 Boeing will appreciate offsetting losses from the drop in the long position's value.Boeing Pair Correlation
Equities Pair Trading Analysis
Correlation analysis and pair trading evaluation for Boeing and Ehang Holdings. 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 
Continue to Boeing Piotroski F Score and Boeing Valuation analysis. Note that the Boeing Company information on this page should be used as a complementary analysis to other Boeing'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 Idea Analyzer module to analyze all characteristics, volatility and riskadjusted return of Macroaxis ideas.
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When running Boeing Company price analysis, check to measure Boeing'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 Boeing is operating at the current time. Most of Boeing's value examination focuses on studying past and present price action to predict the probability of Boeing's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Boeing's price. Additionally, you may evaluate how the addition of Boeing to your portfolios can decrease your overall portfolio volatility.
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The market value of Boeing Company is measured differently than its book value, which is the value of Boeing that is recorded on the company's balance sheet. Investors also form their own opinion of Boeing's value that differs from its market value or its book value, called intrinsic value, which is Boeing'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 Boeing's market value can be influenced by many factors that don't directly affect Boeing Company 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 Boeing's value and its price as these two are different measures arrived at by different means. Investors typically determine Boeing value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Boeing'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.