Colgate Z Score

CL -  USA Stock  

USD 82.70  1.31  1.61%

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 Colgate Palmolive Piotroski F Score and Colgate Palmolive Valuation analysis.

Colgate Z Score 

 
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The value of Capital Expenditure is estimated to pull down to about (508.7 M). The value of Invested Capital is estimated to pull down to about 13.1 B. Colgate Palmolive Weighted Average Shares Diluted is relatively stable at the moment as compared to the past year. The company's current value of Weighted Average Shares Diluted is estimated at 1.05 Billion. Income Tax Expense is expected to hike to about 834.9 M this year, although the value of Earning Before Interest and Taxes EBIT will most likely fall to nearly 3.2 B.

Colgate Z Score Analysis

Colgate Palmolive'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

Current Colgate Palmolive Z Score

    
  11.6  
Most of Colgate Palmolive'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, Colgate-Palmolive is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
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1.2 * (
Working Capital
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Total Assets )
Second Factor
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1.4 * (
Retained Earnings
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Total Assets )
Thrid Factor
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3.3 * (
EBITAD
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Total Assets )
Fouth Factor
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0.6 * (
Market Value of Equity
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Total Liabilities )
Fifth Factor
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0.99 * (
Revenue
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Total Assets )

Colgate Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Colgate Palmolive is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Colgate Palmolive'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 Colgate Palmolive'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 Colgate Palmolive'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, Colgate-Palmolive has a Z Score of 11.6. This is 28.04% higher than that of the Consumer Defensive sector and 249.4% higher than that of the Household & Personal Products industry. The z score for all United States stocks is 33.03% lower than that of the firm.

Colgate Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Colgate Palmolive'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 Colgate Palmolive could also be used in its relative valuation, which is a method of valuing Colgate Palmolive by comparing valuation metrics of similar companies.
Colgate Palmolive is currently under evaluation in z score category among related companies.

Colgate Palmolive Current Valuation Drivers

We derive many important indicators used in calculating different scores of Colgate Palmolive from analyzing Colgate Palmolive's financial statements. These drivers represent accounts that assess Colgate Palmolive's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Colgate Palmolive's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee56.38 K69.56 K69.01 K78.59 K70.73 K63.2 K
Revenue Per Employee430.47 K450.55 K457.52 K480.29 K432.26 K413.59 K
Average Assets12.62 B12.63 B14.02 B15.4 B17.71 B17.06 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.91 B3.96 B3.81 B4.18 B3.77 B3.63 B
Earnings Before Interest Taxes and Depreciation Amortization USD3.91 B3.96 B3.81 B4.18 B3.77 B3.63 B
Earnings before Tax3.34 B3.31 B3.14 B3.48 B3.13 B3.06 B
Average Equity(180.75 M)(326 M)(276.5 M)387.75 M348.98 M513.66 M
Enterprise Value71.4 B57.39 B66.2 B79.54 B91.48 B85.08 B
Free Cash Flow2.5 B2.62 B2.8 B3.31 B3.81 B3.52 B
Invested Capital10.75 B10.29 B11.79 B11.51 B13.24 B13.07 B
Invested Capital Average10.53 B10.47 B11.36 B10.99 B12.64 B12.62 B
Market Capitalization66.25 B51.62 B59 B73.3 B84.29 B78.27 B
Tangible Asset Value9.12 B7.99 B8.86 B9.2 B8.28 B8.16 B
Working Capital1.23 B452 M141 M(66 M)(59.4 M)(60.96 M)

Colgate Palmolive Institutional Holders

Institutional Holdings refers to the ownership stake in Colgate Palmolive that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Colgate Palmolive'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 Colgate Palmolive's value.
Security TypeSharesValue
Sarasin Partners LlpCommon Shares4.3 M364.5 M
Nordea Investment Management AbCommon SharesM336.6 M
Mg Investment Management LtdCommon SharesM167.4 M
Confluence Investment Management LlcCommon Shares1.4 M120.4 M
New York State Teachers Retirement SystemCommon Shares931.9 K79.5 M
Railway Pension Investments LtdCommon Shares931.8 K79.5 M
Russell Investments Group LtdCommon Shares780.4 K66.4 M

Colgate Fundamentals

About Colgate Palmolive Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Colgate-Palmolive's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Colgate Palmolive using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Colgate-Palmolive 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.
Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York. Colgate Palmolive operates under Household Personal Products classification in the United States and is traded on New York Stock Exchange. It employs 34200 people.

Colgate Palmolive Investors Sentiment

The influence of Colgate Palmolive's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Colgate. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Colgate Palmolive Implied Volatility

    
  60.2  
Colgate Palmolive's implied volatility exposes the market's sentiment of Colgate-Palmolive stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Colgate Palmolive's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Colgate Palmolive stock will not fluctuate a lot when Colgate Palmolive's options are near their expiration.
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 Colgate Palmolive 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, Colgate Palmolive's short interest history, or implied volatility extrapolated from Colgate Palmolive options trading.

Current Sentiment - CL

Colgate-Palmolive Investor Sentiment

Nearly all of Macroaxis users are currently bullish on Colgate-Palmolive. What is your opinion about investing in Colgate-Palmolive? Are you bullish or bearish?
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2% Bearish
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Pair Trading with Colgate Palmolive

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 Colgate Palmolive 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 Colgate Palmolive will appreciate offsetting losses from the drop in the long position's value.

Colgate Palmolive Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Colgate Palmolive and Kimberly-Clark Corp. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Continue to Colgate Palmolive Piotroski F Score and Colgate Palmolive Valuation analysis. Note that the Colgate-Palmolive information on this page should be used as a complementary analysis to other Colgate Palmolive's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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When running Colgate-Palmolive price analysis, check to measure Colgate Palmolive'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 Colgate Palmolive is operating at the current time. Most of Colgate Palmolive's value examination focuses on studying past and present price action to predict the probability of Colgate Palmolive's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Colgate Palmolive's price. Additionally, you may evaluate how the addition of Colgate Palmolive to your portfolios can decrease your overall portfolio volatility.
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Is Colgate Palmolive'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 Colgate Palmolive. If investors know Colgate 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 Colgate Palmolive listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Colgate-Palmolive is measured differently than its book value, which is the value of Colgate that is recorded on the company's balance sheet. Investors also form their own opinion of Colgate Palmolive's value that differs from its market value or its book value, called intrinsic value, which is Colgate Palmolive'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 Colgate Palmolive's market value can be influenced by many factors that don't directly affect Colgate Palmolive'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 Colgate Palmolive's value and its price as these two are different measures arrived at by different means. Investors typically determine Colgate Palmolive value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Colgate Palmolive'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.