Capstone Z Score

CGRN
 Stock
  

USD 1.66  0.01  0.60%   

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. Continue to Capstone Green Piotroski F Score and Capstone Green Valuation analysis.
  
Capstone Green Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Invested Capital is estimated at 105.77 Million. Invested Capital Average is expected to rise to about 101 M this year, although the value of Capital Expenditure will most likely fall to (10.2 M). Capstone Green Revenues is quite stable at the moment as compared to the past year. The company's current value of Revenues is estimated at 88.48 Million. Research and Development Expense is expected to rise to about 4.4 M this year, although the value of Consolidated Income will most likely fall to (21.8 M).

Capstone Z Score Analysis

Capstone Green'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..
 2019 2020 2021 2022 (projected)
Enterprise Value27.54 M141.76 M89.26 M114.58 M
Average Equity16.99 M9.29 M14.16 M19.31 M
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 )

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.
To calculate Z-Score 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. Z-Score 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 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, 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.
201720182019202020212022 (projected)
Net Income Per Employee(66.4 K)(108.17 K)(194.98 K)(149.49 K)(150.83 K)(162.74 K)
Revenue Per Employee548.59 K541.64 K613.73 K549.89 K519.74 K487.7 K
Average Assets54.38 M66.36 M78.3 M81.51 M107.02 M89.53 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(8.51 M)(14.15 M)(15.4 M)(11.94 M)(13.41 M)(14.47 M)
Earnings Before Interest Taxes and Depreciation Amortization USD(8.23 M)(13.89 M)(14.2 M)(11.38 M)(12.62 M)(13.61 M)
Earnings before Tax(10.01 M)(16.65 M)(21.89 M)(18.37 M)(20.19 M)(21.79 M)
Average Equity21.38 M24.71 M16.99 M9.29 M14.16 M19.31 M
Enterprise Value56.7 M58.92 M27.54 M141.76 M89.26 M114.58 M
Free Cash Flow(10.39 M)(21.06 M)(23.91 M)(1.51 M)(37.42 M)(38.41 M)
Invested Capital15.31 M49.3 M65.45 M80.24 M98.03 M105.77 M
Invested Capital Average13.43 M27.2 M64.69 M74.9 M93.65 M101.04 M
Market Capitalization61.92 M64.43 M10.94 M115.72 M62.89 M64.55 M
Tangible Asset Value57.96 M79.78 M73.95 M106.02 M100.77 M98.98 M
Working Capital21.72 M42.02 M29.8 M52.45 M33.59 M36.16 M

Capstone Fundamentals

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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Capstone Green in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Capstone Green's short interest history, or implied volatility extrapolated from Capstone Green options trading.

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.
The ability to find closely correlated positions to Capstone Green could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough 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 risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Capstone Green Piotroski F Score and Capstone Green Valuation analysis. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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.
Market Capitalization
30.6 M
Quarterly Revenue Growth YOY
0.21
Return On Assets
(0.07) 
Return On Equity
(1.66) 
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.