Espey Mfg Electronics Stock Z Score

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.

According to the company's disclosures, Espey Mfg Electronics has a Z Score of 0.0. This is 100.0% lower than that of the Electrical Equipment sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

The Macroaxis Fundamental Analysis modules help investors analyze Espey Mfg Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Espey Mfg using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Espey Mfg Electronics 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.

Check out Espey Mfg Piotroski F Score and Espey Mfg Valuation analysis. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..

When running Espey Mfg's price analysis, check to measure Espey Mfg'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 Espey Mfg is operating at the current time. Most of Espey Mfg's value examination focuses on studying past and present price action to predict the probability of Espey Mfg's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Espey Mfg's price. Additionally, you may evaluate how the addition of Espey Mfg to your portfolios can decrease your overall portfolio volatility.

Is Espey Mfg'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 Espey Mfg. If investors know Espey 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 Espey Mfg 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 Espey Mfg Electronics is measured differently than its book value, which is the value of Espey that is recorded on the company's balance sheet. Investors also form their own opinion of Espey Mfg's value that differs from its market value or its book value, called intrinsic value, which is Espey Mfg'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 Espey Mfg's market value can be influenced by many factors that don't directly affect Espey Mfg'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 Espey Mfg's value and its price as these two are different measures arrived at by different means. Investors typically determine if Espey Mfg is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Espey Mfg'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.