DLNDY Z Score

DLNDY -  USA Stock  

USD 3.22  0.12  3.59%

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 D L Piotroski F Score and D L Valuation analysis.
  
Refresh

DLNDY Z Score Analysis

D L'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 D L Z Score

    
  1.0  
Most of D L'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, D L Industries is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 )
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

According to the company's disclosures, D L Industries has a Z Score of 1.0. This is 60.16% lower than that of the Basic Materials sector and 72.07% lower than that of the Specialty Chemicals industry. The z score for all United States stocks is 88.53% higher than that of the company.

DLNDY Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses D L's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of D L could also be used in its relative valuation, which is a method of valuing D L by comparing valuation metrics of similar companies.
D L is currently under evaluation in z score category among related companies.

D L Institutional Holders

Institutional Holdings refers to the ownership stake in D L that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of D L'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 D L's value.
Security TypeSharesValue
Captrust Financial AdvisorsCommon Shares7.1 K31 K
Captrust Financial AdvisorsCommon Shares18.2 K65 K
Renaissance Group LlcCommon Shares134 K561 K
Captrust Financial AdvisorsCommon Shares16.1 K69 K
Renaissance Group LlcCommon Shares123.8 K451 K
Parametric Portfolio Associates LlcCommon Shares112.6 K418 K
Captrust Financial AdvisorsCommon Shares6.1 K23 K

DLNDY Fundamentals

About D L Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze D L Industries's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of D L using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of D L Industries 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.
DL Industries, Inc. provides products for food ingredients, chemicals for personal and home care use, raw materials for plastic, and aerosol products in the Philippines and internationally. DL Industries, Inc. is a subsidiary of Jadel Holdings Co., Inc. D L operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 779 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in D L without increasing your portfolio risk or giving up 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.risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Portfolio Volatility Now

   

Portfolio Volatility

Check portfolio volatility and analyze historical return density to properly model market risk
All  Next Launch Module

Pair Trading with D L

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

D L Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to D L could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace D L 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 D L - 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 D L Industries to buy it.
The correlation of D L 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 D L moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if D L Industries 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 D L 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 D L Piotroski F Score and D L Valuation analysis. Note that the D L Industries information on this page should be used as a complementary analysis to other D L'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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for DLNDY OTC Stock analysis

When running D L Industries price analysis, check to measure D L'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 D L is operating at the current time. Most of D L's value examination focuses on studying past and present price action to predict the probability of D L's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move D L's price. Additionally, you may evaluate how the addition of D L to your portfolios can decrease your overall portfolio volatility.
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Money Managers
Screen money managers from public funds and ETFs managed around the world
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Is D L'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 D L. If investors know DLNDY 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 D L 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 D L Industries is measured differently than its book value, which is the value of DLNDY that is recorded on the company's balance sheet. Investors also form their own opinion of D L's value that differs from its market value or its book value, called intrinsic value, which is D L'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 D L's market value can be influenced by many factors that don't directly affect D L'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 D L's value and its price as these two are different measures arrived at by different means. Investors typically determine D L value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, D L'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.