First Advantage Corp Stock Z Score

FA Stock  USD 16.05  0.12  0.75%   
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 First Advantage Piotroski F Score and First Advantage Valuation analysis.
  
At present, First Advantage's Net Invested Capital is projected to increase significantly based on the last few years of reporting. The current year's Net Working Capital is expected to grow to about 307.6 M, whereas Capital Stock is forecasted to decline to about 137.8 K. At present, First Advantage's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 287.1 M, whereas Interest Expense is forecasted to decline to about 28.3 M.

First Z Score Analysis

First Advantage'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..
 2021 2022 2023 2024 (projected)
Total Revenue712.3M810.0M763.8M544.5M
Interest Expense25.1M9.2M33.0M28.3M

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current First Advantage Z Score

    
  3.51  
Most of First Advantage'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, First Advantage Corp 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 )

First Z Score Driver Correlations

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

According to the company's disclosures, First Advantage Corp has a Z Score of 3.51. This is 13.76% lower than that of the Professional Services sector and significantly higher than that of the Industrials industry. The z score for all United States stocks is 59.75% higher than that of the company.

First Z Score Peer Comparison

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

First Advantage Institutional Holders

Institutional Holdings refers to the ownership stake in First Advantage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Advantage'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 First Advantage's value.
Shares
Emerald Advisers, Llc2023-12-31
1.2 M
State Street Corporation2023-12-31
1.2 M
Sunriver Management Llc2023-12-31
1.2 M
Emerald Mutual Fund Advisers Trust2023-12-31
M
American Century Companies Inc2023-12-31
741.3 K
Boston Partners Global Investors, Inc2023-12-31
671.5 K
Leith Wheeler Investment Counsel Ltd2023-12-31
483.9 K
Brandywine Global Investment Mgmt Llc2023-12-31
468.2 K
Northern Trust Corp2023-12-31
460.7 K
Silver Lake Group, L.l.c.2023-12-31
89.6 M
Jpmorgan Chase & Co2023-12-31
6.7 M

First Fundamentals

About First Advantage Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze First Advantage Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Advantage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Advantage Corp 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.
First Advantage Corporation provides technology solutions for screening, verifications, safety, and compliance related to human capital worldwide. First Advantage Corporation was founded in 2003 and is headquartered in Atlanta, Georgia. First Advantage operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 5500 people.

First Advantage Investors Sentiment

The influence of First Advantage'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 First. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to First Advantage's public news can be used to forecast risks associated with an investment in First. The trend in average sentiment can be used to explain how an investor holding First can time the market purely based on public headlines and social activities around First Advantage Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
First Advantage'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 First Advantage'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 First Advantage's news discussions. The higher the estimated score, the more favorable is the investor's outlook on First Advantage.
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 First Advantage 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, First Advantage's short interest history, or implied volatility extrapolated from First Advantage options trading.

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When determining whether First Advantage Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Advantage's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Advantage Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Advantage Corp Stock:
Check out First Advantage Piotroski F Score and First Advantage Valuation analysis.
Note that the First Advantage Corp information on this page should be used as a complementary analysis to other First Advantage'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 the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary Tools for First Stock analysis

When running First Advantage's price analysis, check to measure First Advantage'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 First Advantage is operating at the current time. Most of First Advantage's value examination focuses on studying past and present price action to predict the probability of First Advantage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Advantage's price. Additionally, you may evaluate how the addition of First Advantage to your portfolios can decrease your overall portfolio volatility.
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Is First Advantage'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 First Advantage. If investors know First 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 First Advantage 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
(0.24)
Earnings Share
0.26
Revenue Per Share
5.301
Quarterly Revenue Growth
(0.05)
Return On Assets
0.029
The market value of First Advantage Corp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Advantage's value that differs from its market value or its book value, called intrinsic value, which is First Advantage'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 First Advantage's market value can be influenced by many factors that don't directly affect First Advantage'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 First Advantage's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Advantage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Advantage'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.