Broadstone Net Leaseinc Stock Z Score

BNL Stock

USD 14.55 0.02 0.14%

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 Broadstone Net Piotroski F Score and Broadstone Net Valuation analysis.

At this time, Broadstone Net's Return On Capital Employed is quite stable compared to the past year. At this time, Broadstone Net's Operating Income is quite stable compared to the past year. Total Other Income Expense Net is expected to rise to about 22.4 M this year, although the value of Depreciation And Amortization will most likely fall to about 109.9 M.

Broadstone Net LeaseInc Company Z Score Analysis

Broadstone Net'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

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 )

Broadstone Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Broadstone Net is extremely important. It helps to project a fair market value of Broadstone Stock properly, considering its historical fundamentals such as Z Score. Since Broadstone Net'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 Broadstone Net'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 Broadstone Net's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Long Term Debt Total	Capital Surpluse	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Cash And Equivalents	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Invested Capital	Net Working Capital	Capital Stock	Current Deferred Revenue	Good Will
Total Assets		0.99	0.96	0.95	-0.95	0.83	0.94	0.99	0.95	0.97	0.96	0.73	0.91	0.51	0.88	0.27	-0.16	0.91	0.97	0.98	0.28	0.99	0.77	0.93	0.82	-0.42
Total Stockholder Equity	0.99		0.98	0.89	-0.96	0.82	0.88	0.99	0.89	0.99	0.91	0.66	0.89	0.46	0.89	0.29	-0.23	0.84	0.99	0.98	0.25	0.99	0.76	0.97	0.86	-0.42
Net Tangible Assets	0.96	0.98		0.87	-0.94	0.77	0.86	0.99	0.89	1.0	0.88	0.64	0.85	0.5	0.84	0.22	-0.23	0.79	1.0	0.98	0.28	0.97	0.72	0.97	0.85	-0.41
Net Debt	0.95	0.89	0.87		-0.88	0.73	0.99	0.91	0.98	0.87	1.0	0.77	0.87	0.61	0.76	0.1	0.01	0.97	0.87	0.94	0.29	0.92	0.68	0.8	0.72	-0.4
Retained Earnings	-0.95	-0.96	-0.94	-0.88		-0.76	-0.87	-0.96	-0.88	-0.94	-0.89	-0.68	-0.92	-0.5	-0.83	-0.23	0.34	-0.82	-0.96	-0.94	-0.31	-0.97	-0.79	-0.96	-0.91	0.66
Accounts Payable	0.83	0.82	0.77	0.73	-0.76		0.76	0.8	0.78	0.81	0.79	0.72	0.85	0.25	0.98	0.74	-0.36	0.75	0.8	0.78	0.33	0.8	0.88	0.75	0.49	-0.3
Long Term Debt	0.94	0.88	0.86	0.99	-0.87	0.76		0.9	0.99	0.86	0.99	0.82	0.87	0.61	0.78	0.16	-0.04	0.97	0.86	0.93	0.37	0.9	0.73	0.78	0.67	-0.42
Net Receivables	0.99	0.99	0.99	0.91	-0.96	0.8	0.9		0.92	0.99	0.92	0.7	0.89	0.51	0.87	0.25	-0.24	0.85	1.0	0.99	0.32	0.98	0.77	0.97	0.85	-0.46
Long Term Debt Total	0.95	0.89	0.89	0.98	-0.88	0.78	0.99	0.92		0.89	0.99	0.82	0.87	0.61	0.8	0.19	-0.09	0.95	0.89	0.95	0.41	0.91	0.76	0.81	0.67	-0.41
Capital Surpluse	0.97	0.99	1.0	0.87	-0.94	0.81	0.86	0.99	0.89		0.89	0.65	0.87	0.46	0.88	0.28	-0.26	0.81	1.0	0.98	0.31	0.97	0.76	0.97	0.84	-0.4
Total Liab	0.96	0.91	0.88	1.0	-0.89	0.79	0.99	0.92	0.99	0.89		0.79	0.89	0.58	0.81	0.19	-0.04	0.98	0.89	0.95	0.31	0.93	0.73	0.81	0.71	-0.39
Deferred Long Term Liab	0.73	0.66	0.64	0.77	-0.68	0.72	0.82	0.7	0.82	0.65	0.79		0.64	0.71	0.7	0.35	-0.02	0.84	0.65	0.72	0.43	0.63	0.77	0.55	0.38	-0.44
Long Term Investments	0.91	0.89	0.85	0.87	-0.92	0.85	0.87	0.89	0.87	0.87	0.89	0.64		0.4	0.87	0.36	-0.33	0.82	0.88	0.88	0.41	0.92	0.79	0.87	0.77	-0.55
Short Long Term Debt	0.51	0.46	0.5	0.61	-0.5	0.25	0.61	0.51	0.61	0.46	0.58	0.71	0.4		0.24	-0.27	0.39	0.58	0.47	0.56	0.07	0.45	0.22	0.42	0.38	-0.38
Total Current Assets	0.88	0.89	0.84	0.76	-0.83	0.98	0.78	0.87	0.8	0.88	0.81	0.7	0.87	0.24		0.68	-0.41	0.77	0.88	0.84	0.39	0.86	0.91	0.84	0.62	-0.35
Cash And Equivalents	0.27	0.29	0.22	0.1	-0.23	0.74	0.16	0.25	0.19	0.28	0.19	0.35	0.36	-0.27	0.68		-0.54	0.2	0.28	0.2	0.24	0.24	0.66	0.26	-0.03	-0.07
Short Term Debt	-0.16	-0.23	-0.23	0.01	0.34	-0.36	-0.04	-0.24	-0.09	-0.26	-0.04	-0.02	-0.33	0.39	-0.41	-0.54		0.06	-0.28	-0.18	-0.51	-0.25	-0.58	-0.38	-0.28	0.56
Intangible Assets	0.91	0.84	0.79	0.97	-0.82	0.75	0.97	0.85	0.95	0.81	0.98	0.84	0.82	0.58	0.77	0.2	0.06		0.81	0.87	0.29	0.85	0.72	0.7	0.63	-0.35
Common Stock	0.97	0.99	1.0	0.87	-0.96	0.8	0.86	1.0	0.89	1.0	0.89	0.65	0.88	0.47	0.88	0.28	-0.28	0.81		0.98	0.31	0.98	0.77	0.98	0.86	-0.44
Property Plant Equipment	0.98	0.98	0.98	0.94	-0.94	0.78	0.93	0.99	0.95	0.98	0.95	0.72	0.88	0.56	0.84	0.2	-0.18	0.87	0.98		0.34	0.97	0.75	0.94	0.81	-0.42
Short Term Investments	0.28	0.25	0.28	0.29	-0.31	0.33	0.37	0.32	0.41	0.31	0.31	0.43	0.41	0.07	0.39	0.24	-0.51	0.29	0.31	0.34		0.24	0.62	0.28	0.16	-0.37
Net Invested Capital	0.99	0.99	0.97	0.92	-0.97	0.8	0.9	0.98	0.91	0.97	0.93	0.63	0.92	0.45	0.86	0.24	-0.25	0.85	0.98	0.97	0.24		0.74	0.96	0.87	-0.47
Net Working Capital	0.77	0.76	0.72	0.68	-0.79	0.88	0.73	0.77	0.76	0.76	0.73	0.77	0.79	0.22	0.91	0.66	-0.58	0.72	0.77	0.75	0.62	0.74		0.73	0.55	-0.57
Capital Stock	0.93	0.97	0.97	0.8	-0.96	0.75	0.78	0.97	0.81	0.97	0.81	0.55	0.87	0.42	0.84	0.26	-0.38	0.7	0.98	0.94	0.28	0.96	0.73		0.91	-0.53
Current Deferred Revenue	0.82	0.86	0.85	0.72	-0.91	0.49	0.67	0.85	0.67	0.84	0.71	0.38	0.77	0.38	0.62	-0.03	-0.28	0.63	0.86	0.81	0.16	0.87	0.55	0.91		-0.6
Good Will	-0.42	-0.42	-0.41	-0.4	0.66	-0.3	-0.42	-0.46	-0.41	-0.4	-0.39	-0.44	-0.55	-0.38	-0.35	-0.07	0.56	-0.35	-0.44	-0.42	-0.37	-0.47	-0.57	-0.53	-0.6

Click cells to compare fundamentals

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

Predict Broadstone Net

In accordance with the company's disclosures, Broadstone Net LeaseInc has a Z Score of 0.0. This is 100.0% lower than that of the Diversified REITs sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Broadstone Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Broadstone Net'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 Broadstone Net could also be used in its relative valuation, which is a method of valuing Broadstone Net by comparing valuation metrics of similar companies.

Broadstone Net is currently under evaluation in z score category among related companies.

Broadstone Net Institutional Holders

Institutional Holdings refers to the ownership stake in Broadstone Net that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadstone Net'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 Broadstone Net's value.

		Shares
Aew Capital Management Lp	2023-12-31	2.4 M
Dimensional Fund Advisors, Inc.	2023-12-31	2.3 M
Millennium Management Llc	2023-12-31	2.3 M
Norges Bank	2023-12-31	2.1 M
Northern Trust Corp	2023-12-31	2.1 M
Jpmorgan Chase & Co	2023-12-31	2 M
New England Private Wealth Advisors, Llc	2023-12-31	1.9 M
Bank Of New York Mellon Corp	2023-12-31	1.8 M
United Capital Financial Advisers Inc	2023-12-31	1.7 M
Vanguard Group Inc	2023-12-31	27.8 M
Blackrock Inc	2023-12-31	19.2 M

Broadstone Fundamentals

	Return On Equity	0.0506
	Return On Asset	0.026
	Profit Margin	0.35 %
	Operating Margin	0.48 %
	Current Valuation	4.73 B
	Shares Outstanding	188.37 M
	Shares Owned By Insiders	0.97 %
	Shares Owned By Institutions	85.78 %
	Number Of Shares Shorted	3.44 M
	Price To Earning	29.41 X
	Price To Book	0.91 X
	Price To Sales	6.34 X
	Revenue	442.89 M
	Gross Profit	385.74 M
	EBITDA	379.72 M
	Net Income	163.31 M
	Cash And Equivalents	21.79 M
	Cash Per Share	0.25 X
	Total Debt	1.91 B
	Debt To Equity	0.62 %
	Current Ratio	2.22 X
	Book Value Per Share	16.25 X
	Cash Flow From Operations	271.07 M
	Short Ratio	2.00 X
	Earnings Per Share	0.83 X
	Target Price	18.0
	Number Of Employees	74
	Beta	1.11
	Market Capitalization	2.79 B
	Total Asset	5.27 B
	Retained Earnings	(440.73 M)
	Working Capital	63.6 M
	Annual Yield	0.08 %
	Net Asset	5.27 B
	Last Dividend Paid	1.12

About Broadstone Net Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Broadstone Net LeaseInc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Broadstone Net using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Broadstone Net LeaseInc 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.

Pair Trading with Broadstone Net

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 Broadstone Net 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 Broadstone Net will appreciate offsetting losses from the drop in the long position's value.

Moving together with Broadstone Stock

0.75	UE	Urban Edge Properties Financial Report 14th of May 2024	Pair Corr
0.61	INN	Summit Hotel Properties Financial Report 1st of May 2024	Pair Corr

Moving against Broadstone Stock

0.71	AHT-PI	Ashford Hospitality Trust	Pair Corr
0.68	AHT-PF	Ashford Hospitality Trust	Pair Corr
0.62	AHT-PD	Ashford Hospitality Trust	Pair Corr
0.61	AHT-PH	Ashford Hospitality Trust	Pair Corr
0.5	PK	Park Hotels Resorts Earnings Call Next Week	Pair Corr

The ability to find closely correlated positions to Broadstone Net could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadstone Net 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 Broadstone Net - 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 Broadstone Net LeaseInc to buy it.

The correlation of Broadstone Net 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 Broadstone Net moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadstone Net LeaseInc 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 Broadstone Net 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 Correlation Correlation Matching

When determining whether Broadstone Net LeaseInc is a strong investment it is important to analyze Broadstone Net's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadstone Net's future performance. For an informed investment choice regarding Broadstone Stock, refer to the following important reports:

How To Invest In Broadstone

Details

Is Broadstone Stock a good investment?

Details

What is Broadstone Net's Net Worth?

Details

Largest Diversified REITs Companies

View

Largest Equity Real Estate Investment Trusts (REITs) Companies

View

Check out Broadstone Net Piotroski F Score and Broadstone Net Valuation analysis.

You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.

Complementary Tools for Broadstone Stock analysis

When running Broadstone Net's price analysis, check to measure Broadstone Net'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 Broadstone Net is operating at the current time. Most of Broadstone Net's value examination focuses on studying past and present price action to predict the probability of Broadstone Net's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadstone Net's price. Additionally, you may evaluate how the addition of Broadstone Net to your portfolios can decrease your overall portfolio volatility.

	Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments
	Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
	Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated
	Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios
	Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
	Equity Valuation Check real value of public entities based on technical and fundamental data
	Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum
	Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules
	Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
	Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
	Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon
	Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio

Is Broadstone Net'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 Broadstone Net. If investors know Broadstone 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 Broadstone Net listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.83)

Dividend Share

1.12

Earnings Share

0.83

Revenue Per Share

2.373

Quarterly Revenue Growth

(0.06)

The market value of Broadstone Net LeaseInc is measured differently than its book value, which is the value of Broadstone that is recorded on the company's balance sheet. Investors also form their own opinion of Broadstone Net's value that differs from its market value or its book value, called intrinsic value, which is Broadstone Net'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 Broadstone Net's market value can be influenced by many factors that don't directly affect Broadstone Net'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 Broadstone Net's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadstone Net is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadstone Net'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Broadstone Net Leaseinc Stock Z Score

Broadstone Net LeaseInc Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Broadstone Z Score Driver Correlations

Broadstone Z Score Peer Comparison

Broadstone Net Institutional Holders

Broadstone Fundamentals

About Broadstone Net Fundamental Analysis

Pair Trading with Broadstone Net

Moving together with Broadstone Stock

Moving against Broadstone Stock

Complementary Tools for Broadstone Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY