British American Tobacco Stock Z Score
BTI Stock | USD 31.07 0.77 2.54% |
British | Z Score |
British Z Score Analysis
British Amer'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 British Amer Z Score | 1.89 |
Most of British Amer'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, British American Tobacco is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
British Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for British Amer is extremely important. It helps to project a fair market value of British Stock properly, considering its historical fundamentals such as Z Score. Since British Amer'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 British Amer'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 British Amer's interrelated accounts and indicators.
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 |
In accordance with the company's disclosures, British American Tobacco has a Z Score of 1.89. This is 79.14% lower than that of the Tobacco sector and 41.3% lower than that of the Consumer Staples industry. The z score for all United States stocks is 78.33% higher than that of the company.
British Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses British Amer'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 British Amer could also be used in its relative valuation, which is a method of valuing British Amer by comparing valuation metrics of similar companies.British Amer is currently under evaluation in z score category among related companies.
British Amer Institutional Holders
Institutional Holdings refers to the ownership stake in British Amer that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of British Amer'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 British Amer's value.Shares | Wells Fargo & Co | 2023-12-31 | 2.3 M | Envestnet Asset Management Inc | 2023-12-31 | 2.3 M | Grantham, Mayo, Van Otterloo & Co., Llc | 2023-12-31 | 2.2 M | Two Sigma Advisers, Llc | 2023-12-31 | 2.2 M | Natixis Advisors, Llc. | 2023-12-31 | 2.1 M | Jpmorgan Chase & Co | 2023-12-31 | 1.9 M | Pacer Advisors, Inc. | 2023-12-31 | 1.8 M | Royal Bank Of Canada | 2023-12-31 | 1.8 M | Northern Trust Corp | 2023-12-31 | 1.6 M | Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 21.6 M | Blackrock Inc | 2023-12-31 | 17.5 M |
British Fundamentals
Return On Equity | -0.22 | ||||
Return On Asset | 0.058 | ||||
Profit Margin | (0.53) % | ||||
Operating Margin | 0.48 % | ||||
Current Valuation | 113.57 B | ||||
Shares Outstanding | 2.24 B | ||||
Shares Owned By Insiders | 0.20 % | ||||
Shares Owned By Institutions | 6.50 % | ||||
Number Of Shares Shorted | 5.52 M | ||||
Price To Earning | 10.41 X | ||||
Price To Book | 1.01 X | ||||
Price To Sales | 2.50 X | ||||
Revenue | 27.28 B | ||||
Gross Profit | 22.85 B | ||||
EBITDA | 9.95 B | ||||
Net Income | (14.19 B) | ||||
Cash And Equivalents | 3.45 B | ||||
Cash Per Share | 1.83 X | ||||
Total Debt | 39.73 B | ||||
Debt To Equity | 0.60 % | ||||
Current Ratio | 0.88 X | ||||
Book Value Per Share | 22.81 X | ||||
Cash Flow From Operations | 10.71 B | ||||
Short Ratio | 1.23 X | ||||
Earnings Per Share | (8.28) X | ||||
Price To Earnings To Growth | 3.11 X | ||||
Target Price | 36.54 | ||||
Number Of Employees | 46.73 K | ||||
Beta | 0.24 | ||||
Market Capitalization | 68.15 B | ||||
Total Asset | 118.72 B | ||||
Retained Earnings | 31.63 B | ||||
Working Capital | (1.49 B) | ||||
Current Asset | 10.69 B | ||||
Current Liabilities | 11.79 B | ||||
Z Score | 1.89 | ||||
Annual Yield | 0.1 % | ||||
Five Year Return | 6.48 % | ||||
Net Asset | 118.72 B | ||||
Last Dividend Paid | 2.31 |
About British Amer Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze British American Tobacco's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of British Amer using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of British American Tobacco 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.British American Tobacco p.l.c. provides tobacco and nicotine products to consumers worldwide. British American Tobacco p.l.c. was incorporated in 1902 and is headquartered in London, the United Kingdom. British Amer operates under Tobacco classification in the United States and is traded on New York Stock Exchange. It employs 54365 people.
Pair Trading with British Amer
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 British Amer 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 British Amer will appreciate offsetting losses from the drop in the long position's value.Moving against British Stock
0.6 | DDC | DDC Enterprise | PairCorr |
0.54 | EDBL | Edible Garden AG Report 27th of March 2024 | PairCorr |
0.5 | DAR | Darling Ingredients Financial Report 14th of May 2024 | PairCorr |
0.48 | BG | Bunge Limited Financial Report 1st of May 2024 | PairCorr |
0.47 | BON | Bon Natural Life | PairCorr |
The ability to find closely correlated positions to British Amer could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace British Amer 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 British Amer - 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 British American Tobacco to buy it.
The correlation of British Amer 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 British Amer moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if British American Tobacco 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 British Amer 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 British Amer Piotroski F Score and British Amer Valuation analysis. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for British Stock analysis
When running British Amer's price analysis, check to measure British Amer'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 British Amer is operating at the current time. Most of British Amer's value examination focuses on studying past and present price action to predict the probability of British Amer's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move British Amer's price. Additionally, you may evaluate how the addition of British Amer to your portfolios can decrease your overall portfolio volatility.
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
Fundamental Analysis View fundamental data based on most recent published financial statements | |
Content Syndication Quickly integrate customizable finance content to your own investment portal | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon |
Is British Amer'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 British Amer. If investors know British 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 British Amer 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 1.178 | Dividend Share 2.309 | Earnings Share (8.28) | Revenue Per Share 2.448 | Quarterly Revenue Growth (0.06) |
The market value of British American Tobacco is measured differently than its book value, which is the value of British that is recorded on the company's balance sheet. Investors also form their own opinion of British Amer's value that differs from its market value or its book value, called intrinsic value, which is British Amer'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 British Amer's market value can be influenced by many factors that don't directly affect British Amer'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 British Amer's value and its price as these two are different measures arrived at by different means. Investors typically determine if British Amer is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, British Amer'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.