Capstone Z Score
CGRN Stock  USD 1.31 0.05 3.68% 
Capstone  Z Score 
Capstone Z Score Analysis
Capstone Green'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..
More About Z Score  All Equity Analysis
2020  2021  2022  2023 (projected)  
Interest Expense  5.16 M  5 M  5.75 M  6.21 M 
Gross Profit  6.86 M  8.54 M  7.68 M  8.76 M 
Z Score  =  Sum Of   5 Factors 
 
 
 
 

Capstone Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Capstone Green is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Capstone Green'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 Capstone Green'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 Capstone Green'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.
Competition 
In accordance with the company's disclosures, Capstone Green Energy has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and about the same as Specialty Industrial Machinery (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Capstone Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Capstone Green'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 Capstone Green could also be used in its relative valuation, which is a method of valuing Capstone Green by comparing valuation metrics of similar companies.Capstone Green is currently under evaluation in z score category among related companies.
Capstone Green Current Valuation Drivers
We derive many important indicators used in calculating different scores of Capstone Green from analyzing Capstone Green's financial statements. These drivers represent accounts that assess Capstone Green's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Capstone Green's important valuation drivers and their relationship over time.
2018  2019  2020  2021  2022  2023 (projected)  
Net Income Per Employee  (108.17 K)  (194.98 K)  (149.49 K)  (150.83 K)  (135.75 K)  (146.46 K)  
Revenue Per Employee  541.64 K  613.73 K  549.89 K  519.74 K  467.76 K  460.34 K  
Average Assets  66.36 M  78.3 M  81.51 M  107.02 M  96.32 M  83.9 M  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  (13.89 M)  (14.2 M)  (11.38 M)  (12.62 M)  (14.51 M)  (15.65 M)  
Earnings Before Interest Taxes and Depreciation Amortization USD  (13.89 M)  (14.2 M)  (11.38 M)  (12.62 M)  (14.51 M)  (15.65 M)  
Earnings before Tax  (16.65 M)  (21.89 M)  (18.37 M)  (20.19 M)  (23.22 M)  (25.05 M)  
Average Equity  24.71 M  16.99 M  9.29 M  14.16 M  12.75 M  18.57 M  
Enterprise Value  58.92 M  27.54 M  141.76 M  89.26 M  80.33 M  109.88 M  
Free Cash Flow  (21.06 M)  (23.91 M)  (1.51 M)  (37.42 M)  (33.68 M)  (34.57 M)  
Invested Capital  49.3 M  65.45 M  80.24 M  98.03 M  112.73 M  121.63 M  
Invested Capital Average  27.2 M  64.69 M  74.9 M  93.65 M  107.69 M  116.2 M  
Market Capitalization  64.43 M  10.94 M  115.72 M  62.89 M  56.61 M  58.09 M  
Tangible Asset Value  79.78 M  73.95 M  106.02 M  100.77 M  115.89 M  106.94 M  
Working Capital  42.02 M  29.8 M  52.45 M  33.59 M  38.63 M  38.81 M 
Capstone Green Institutional Holders
Institutional Holdings refers to the ownership stake in Capstone Green that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Capstone Green'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 Capstone Green's value.Last Transaction  Type  Shares  Value  
Aigh Capital Management Llc  20221231  Common Shares  896.5 K  1.3 M  
Baird Financial Group Inc  20221231  Common Shares  556.3 K  807 K  
Vanguard Group Inc  20221231  Common Shares  521.1 K  755.6 K  
Blackrock Inc  20221231  Common Shares  389.5 K  564.8 K  
Walleye Capital Llc  20221231  Common Shares  336.6 K  488.1 K  
Sargent Investment Group Llc  20221231  Common Shares  297.9 K  431.9 K  
Worth Venture Partners Llc  20221231  Common Shares  220.4 K  319.6 K  
Renaissance Technologies Llc  20221231  Common Shares  216.8 K  314 K  
Cambridge Investment Research Advisors Inc  20220331  Common Shares  73.8 K  304 K  
Millennium Management Llc  20221231  Common Shares  128 K  186 K  
Geode Capital Management Llc  20221231  Common Shares  116.1 K  168 K 
Capstone Fundamentals
Return On Equity  (2.92) %  
Return On Asset  (0.07) %  
Profit Margin  (0.26) %  
Operating Margin  (0.16) %  
Current Valuation  71.5 M  
Shares Outstanding  18.35 M  
Shares Owned by Insiders  3.43 %  
Shares Owned by Institutions  20.16 %  
Number of Shares Shorted  406.81 K  
Price to Book  4.74 X  
Price to Sales  0.37 X  
Revenue  69.64 M  
Gross Profit  9.33 M  
EBITDA  (12.62 M)  
Net Income  (20.21 M)  
Cash and Equivalents  16.91 M  
Cash per Share  1.10 X  
Total Debt  56.76 M  
Current Ratio  1.80 X  
Book Value Per Share  0.06 X  
Cash Flow from Operations  (27.5 M)  
Short Ratio  5.67 X  
Earnings Per Share  (1.18) X  
Price to Earnings To Growth  (0.17) X  
Target Price  15.5  
Number of Employees  133  
Beta  2.1  
Market Capitalization  24.95 M  
Total Asset  100.77 M  
Net Asset  100.77 M 
About Capstone Green Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Capstone Green Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Capstone Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Capstone Green Energy 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.Capstone Green Energy Corporation develops, manufactures, markets, and services microturbine technology solutions for use in stationary distributed power generation and distribution networks applications worldwide. Capstone Green Energy Corporation was founded in 1988 and is headquartered in Van Nuys, California. Capstone Green operates under Specialty Industrial Machinery classification in the United States and is traded on NASDAQ Exchange. It employs 133 people.
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Our tools can tell you how much better you can do entering a position in Capstone Green without increasing your portfolio risk or giving up the 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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Pair Trading with Capstone Green
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 Capstone Green 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 Capstone Green will appreciate offsetting losses from the drop in the long position's value.Moving together with Capstone Green
+  0.76  B  Barnes Group  Fiscal Quarter End 31st of March 2023  PairCorr  
+  0.74  BW  Babcock Wilcox Enter  Fiscal Quarter End 31st of March 2023  PairCorr 
The ability to find closely correlated positions to Capstone Green could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Capstone Green 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 Capstone Green  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 Capstone Green Energy to buy it.
The correlation of Capstone Green 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 Capstone Green moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Capstone Green Energy 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 Capstone Green can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Check out Capstone Green Piotroski F Score and Capstone Green Valuation analysis. To learn how to invest in Capstone Stock please use our How to Invest in Capstone Green guide. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sectorfocused investing themes.
Complementary Tools for analysis
When running Capstone Green Energy price analysis, check to measure Capstone Green'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 Capstone Green is operating at the current time. Most of Capstone Green's value examination focuses on studying past and present price action to predict the probability of Capstone Green's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Capstone Green's price. Additionally, you may evaluate how the addition of Capstone Green to your portfolios can decrease your overall portfolio volatility.
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Is Capstone Green'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 Capstone Green. If investors know Capstone 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 Capstone Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (1.18)  Revenue Per Share 4.551  Quarterly Revenue Growth (0.049)  Return On Assets (0.07)  Return On Equity (2.92) 
The market value of Capstone Green Energy is measured differently than its book value, which is the value of Capstone that is recorded on the company's balance sheet. Investors also form their own opinion of Capstone Green's value that differs from its market value or its book value, called intrinsic value, which is Capstone Green'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 Capstone Green's market value can be influenced by many factors that don't directly affect Capstone Green'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 Capstone Green's value and its price as these two are different measures arrived at by different means. Investors typically determine Capstone Green value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Capstone Green'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.