Disney Z Score

Stocks . USA . 
Stock . Walt Disney
DIS Stock  USD 95.83  0.93  0.98%   
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. Check out Disney Piotroski F Score and Disney Valuation analysis. For more information on how to buy Disney Stock please use our How to Invest in Disney guide.
  
Disney Invested Capital is comparatively stable at the moment as compared to the past year. Disney reported Invested Capital of 59.05 Billion in 2022. Invested Capital Average is likely to gain to about 67.6 B in 2023, whereas Return on Invested Capital is likely to drop 0.20 in 2023.

Disney Z Score Analysis

Disney'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 Disney Z Score

    
  1.8  
Most of Disney'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, Walt Disney 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
 = 
3.3 * (
EBITAD
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Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
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Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
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Total Assets )

Disney Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Disney is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Disney'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 Disney'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 Disney's interrelated accounts and indicators.
Click cells to compare fundamentals
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.
Competition

According to the company's disclosures, Walt Disney has a Z Score of 1.8. This is 193.75% lower than that of the Entertainment sector and significantly higher than that of the Communication Services industry. The z score for all United States stocks is 79.36% higher than that of the company.

Disney Z Score Peer Comparison

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

Disney ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Disney's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Disney's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Disney Fundamentals

Return On Equity0.035 %
Return On Asset0.0207 %
Profit Margin0.0393 %
Operating Margin0.08 %
Current Valuation211.68 B
Shares Outstanding1.83 B
Shares Owned by Insiders0.06 %
Shares Owned by Institutions65.08 %
Number of Shares Shorted16.94 M
Price to Earning56.03 X
Price to Book1.81 X
Price to Sales1.99 X
Revenue82.72 B
Gross Profit28.32 B
EBITDA11.59 B
Net Income3.55 B
Cash and Equivalents11.62 B
Cash per Share6.52 X
Total Debt45.3 B
Debt to Equity0.45 %
Current Ratio1.00 X
Book Value Per Share52.66 X
Cash Flow from Operations6.01 B
Short Ratio1.32 X
Earnings Per Share1.85 X
Price to Earnings To Growth0.76 X
Target Price126.03
Number of Employees171.6 K
Beta1.3
Market Capitalization173.36 B
Total Asset203.63 B
Retained Earnings68.27 B
Working Capital124 M
Current Asset16.97 B
Current Liabilities16.84 B
Z Score1.8
Five Year Return1.38 %
Net Asset203.63 B

About Disney Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Walt Disney's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Disney using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Walt Disney 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.
The Walt Disney Company, together with its subsidiaries, operates as an entertainment company worldwide. The Walt Disney Company was founded in 1923 and is based in Burbank, California. Disney operates under Entertainment And Broadcasting classification in the United States and is traded on New York Stock Exchange.

Disney Investors Sentiment

The influence of Disney'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 Disney. 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.
Investor biases related to Disney's public news can be used to forecast risks associated with investment in Disney. The trend in average sentiment can be used to explain how an investor holding Disney can time the market purely based on public headlines and social activities around Walt Disney. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Disney's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Disney's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Disney's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Disney.

Disney Implied Volatility

    
  43.45  
Disney's implied volatility exposes the market's sentiment of Walt Disney stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Disney'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 Disney stock will not fluctuate a lot when Disney'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 Disney 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, Disney's short interest history, or implied volatility extrapolated from Disney options trading.

Pair Trading with Disney

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

Moving together with Disney

+0.9ATYAcuityAds Holdings Fiscal Quarter End 31st of March 2023 PairCorr

Moving against Disney

-0.45CNETZW Data Action Report 21st of April 2023 PairCorr
The ability to find closely correlated positions to Disney could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Disney 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 Disney - 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 Walt Disney to buy it.
The correlation of Disney 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 Disney moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Walt Disney 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 Disney 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
Check out Disney Piotroski F Score and Disney Valuation analysis. For more information on how to buy Disney Stock please use our How to Invest in Disney guide. You can also try Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

Complementary Tools for analysis

When running Walt Disney price analysis, check to measure Disney'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 Disney is operating at the current time. Most of Disney's value examination focuses on studying past and present price action to predict the probability of Disney's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Disney's price. Additionally, you may evaluate how the addition of Disney to your portfolios can decrease your overall portfolio volatility.
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Is Disney'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 Disney. If investors know Disney 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 Disney 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
0.159
Earnings Share
1.85
Revenue Per Share
46.293
Quarterly Revenue Growth
0.078
Return On Assets
0.0207
The market value of Walt Disney is measured differently than its book value, which is the value of Disney that is recorded on the company's balance sheet. Investors also form their own opinion of Disney's value that differs from its market value or its book value, called intrinsic value, which is Disney'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 Disney's market value can be influenced by many factors that don't directly affect Disney's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Z Score
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F Score
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M Score
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Financial
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Buy or Sell
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Please note, there is a significant difference between Disney's value and its price as these two are different measures arrived at by different means. Investors typically determine Disney value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Disney'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.


 
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