Chow Tai Fook Stock Z Score
| CJEWF Stock | USD 1.43 0.17 10.63% |
Chow |
Chow Tai Fook Company Z Score Analysis
Chow Tai'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 Chow Tai Z Score | 7.6 |
Most of Chow Tai'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, Chow Tai Fook is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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, Chow Tai Fook has a Z Score of 7.6. This is 135.29% higher than that of the Consumer Cyclical sector and 11.32% lower than that of the Luxury Goods industry. The z score for all United States stocks is 12.84% higher than that of the company.
Chow Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chow Tai's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Chow Tai could also be used in its relative valuation, which is a method of valuing Chow Tai by comparing valuation metrics of similar companies.Chow Tai is currently under evaluation in z score category among related companies.
Chow Fundamentals
| Return On Equity | 0.2 | |||
| Return On Asset | 0.0602 | |||
| Profit Margin | 0.06 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 21.41 B | |||
| Shares Outstanding | 10 B | |||
| Shares Owned By Insiders | 82.52 % | |||
| Shares Owned By Institutions | 4.65 % | |||
| Price To Earning | 40.54 X | |||
| Price To Book | 4.68 X | |||
| Price To Sales | 0.19 X | |||
| Revenue | 98.94 B | |||
| Gross Profit | 22.34 B | |||
| EBITDA | 11.35 B | |||
| Net Income | 6.71 B | |||
| Cash And Equivalents | 15.2 B | |||
| Cash Per Share | 1.52 X | |||
| Total Debt | 1.79 B | |||
| Debt To Equity | 0.75 % | |||
| Current Ratio | 1.57 X | |||
| Book Value Per Share | 3.17 X | |||
| Cash Flow From Operations | 13.94 B | |||
| Earnings Per Share | 0.08 X | |||
| Number Of Employees | 29.1 K | |||
| Beta | 0.82 | |||
| Market Capitalization | 21.4 B | |||
| Total Asset | 87.74 B | |||
| Retained Earnings | 14.61 B | |||
| Working Capital | 27.97 B | |||
| Current Asset | 46.86 B | |||
| Current Liabilities | 18.89 B | |||
| Z Score | 7.6 | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 3.20 % | |||
| Net Asset | 87.74 B | |||
| Last Dividend Paid | 0.5 |
About Chow Tai Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chow Tai Fook's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chow Tai using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chow Tai Fook 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 Chow Tai
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 Chow Tai 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 Chow Tai will appreciate offsetting losses from the drop in the long position's value.Moving together with Chow Pink Sheet
| 0.74 | HESAY | Hermes International Earnings Call Tomorrow | PairCorr |
| 0.75 | HESAF | Hermes International SCA | PairCorr |
| 0.62 | CHDRF | Christian Dior SE | PairCorr |
Moving against Chow Pink Sheet
| 0.73 | AVAL | Grupo Aval Financial Report 15th of May 2024 | PairCorr |
| 0.61 | TLK | Telkom Indonesia Tbk Financial Report 26th of April 2024 | PairCorr |
| 0.59 | VFS | VinFast Auto Financial Report 20th of May 2024 | PairCorr |
| 0.5 | SWGAY | Swatch Group AG | PairCorr |
The ability to find closely correlated positions to Chow Tai could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chow Tai 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 Chow Tai - 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 Chow Tai Fook to buy it.
The correlation of Chow Tai 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 Chow Tai moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chow Tai Fook 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 Chow Tai 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Chow Tai Fook. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in housing. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Chow Pink Sheet analysis
When running Chow Tai's price analysis, check to measure Chow Tai'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 Chow Tai is operating at the current time. Most of Chow Tai's value examination focuses on studying past and present price action to predict the probability of Chow Tai's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chow Tai's price. Additionally, you may evaluate how the addition of Chow Tai to your portfolios can decrease your overall portfolio volatility.
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