# Danieli Z Score

DNIYY -  USA Stock

## USD 18.950.0000010.00%

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 Danieli Spa Piotroski F Score and Danieli Spa Valuation analysis.

## Danieli Z Score Analysis

Danieli Spa'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 Danieli Spa Z Score

1.8
Most of Danieli Spa'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, Danieli Spa 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 Predict Danieli Spa
According to the company's disclosures, Danieli Spa has a Z Score of 1.8. This is 55.77% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The z score for all United States stocks is 79.36% higher than that of the company.

## Danieli Z Score Peer Comparison

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

## Danieli Spa Institutional Holders

Institutional Holdings refers to the ownership stake in Danieli Spa that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Danieli Spa'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 Danieli Spa's value.
 Security Type Shares Value Weaver C Barksdale Associates Inc Common Shares 43.0 1000 Lombardia Capital Partners Llc Common Shares 910.6 K 12.2 M Weaver C Barksdale Associates Inc Common Shares 43.0 1000 Lombardia Capital Partners Llc Common Shares 910.6 K 12.6 M Weaver C Barksdale Associates Inc Common Shares 43.0 1000 Lombardia Capital Partners Llc Common Shares 948.7 K 14.9 M Weaver C Barksdale Associates Inc Common Shares 43.0 1000

## Danieli Fundamentals

 Return On Equity 4.06 % Return On Asset 1.80 % Profit Margin 2.65 % Operating Margin 5.00 % Current Valuation 1.73 B Shares Outstanding 74.1 M Shares Owned by Institutions 0.02 % Price to Earning 31.01 X Price to Book 1.39 X Price to Sales 0.61 X Revenue 3.02 B Gross Profit 1.3 B EBITDA 233.35 M Net Income 80.19 M Cash and Equivalents 1.66 B Cash per Share 11.23 X Total Debt 583.57 M Debt to Equity 0.29 % Current Ratio 1.40 X Book Value Per Share 13.59 X Cash Flow from Operations 279.71 M Earnings Per Share 0.61 X Number of Employees 8.59 K Beta 1.33 Market Capitalization 1.86 B Total Asset 5.33 B Retained Earnings 1.13 B Working Capital 1.24 B Current Asset 4.15 B Current Liabilities 2.91 B Z Score 1.8 Five Year Return 1.22 % Last Dividend Paid 0.21

## About Danieli Spa Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Danieli Spa's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Danieli Spa using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Danieli Spa 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.
Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. The company was founded in 1914 and is based in Buttrio, Italy. Danieli Spa operates under Specialty Industrial Machinery classification in the United States and is traded on OTC Exchange. It employs 8591 people.

## Be your own money manager

Our tools can tell you how much better you can do entering a position in Danieli Spa 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.

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#### Bollinger Bands

Use Bollinger Bands indicator to analyze target price for a given investing horizon
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## Pair Trading with Danieli Spa

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

## Danieli Spa Pair Correlation

### Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Danieli Spa and General Electric. 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
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Continue to Danieli Spa Piotroski F Score and Danieli Spa Valuation analysis. Note that the Danieli Spa information on this page should be used as a complementary analysis to other Danieli Spa'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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

## Complementary Tools for Danieli OTC Stock analysis

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