National Beverage Corp Stock Z Score
FIZZ Stock | USD 44.62 1.41 3.06% |
National | Z Score |
National Beverage Corp Company Z Score Analysis
National Beverage'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
National Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for National Beverage is extremely important. It helps to project a fair market value of National Stock properly, considering its historical fundamentals such as Z Score. Since National Beverage'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 National Beverage'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 National Beverage's interrelated accounts and indicators.
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, National Beverage Corp has a Z Score of 0.0. This is 100.0% lower than that of the Beverages sector and about the same as Consumer Staples (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
National Beverage Institutional Holders
Institutional Holdings refers to the ownership stake in National Beverage that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of National Beverage'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 National Beverage's value.Shares | Bank Of New York Mellon Corp | 2023-12-31 | 246.5 K | Wells Fargo & Co | 2023-12-31 | 244.5 K | Amvescap Plc. | 2023-12-31 | 233.2 K | Citadel Advisors Llc | 2023-09-30 | 221.1 K | Envestnet Asset Management Inc | 2023-12-31 | 215.6 K | Norges Bank | 2023-12-31 | 207.3 K | Rk Asset Management, Llc | 2023-12-31 | 201.5 K | Goldman Sachs Group Inc | 2023-12-31 | 182.4 K | Nuveen Asset Management, Llc | 2023-12-31 | 180.2 K | Blackrock Inc | 2023-12-31 | 4 M | Renaissance Technologies Corp | 2023-12-31 | 3.6 M |
National Fundamentals
Return On Equity | 0.4 | ||||
Return On Asset | 0.22 | ||||
Profit Margin | 0.14 % | ||||
Operating Margin | 0.18 % | ||||
Current Valuation | 4.08 B | ||||
Shares Outstanding | 93.54 M | ||||
Shares Owned By Insiders | 74.83 % | ||||
Shares Owned By Institutions | 24.37 % | ||||
Number Of Shares Shorted | 1.86 M | ||||
Price To Earning | 27.96 X | ||||
Price To Book | 8.49 X | ||||
Price To Sales | 3.67 X | ||||
Revenue | 1.17 B | ||||
Gross Profit | 396.79 M | ||||
EBITDA | 219.97 M | ||||
Net Income | 142.16 M | ||||
Cash And Equivalents | 56.06 M | ||||
Cash Per Share | 0.60 X | ||||
Total Debt | 41.53 M | ||||
Debt To Equity | 0.15 % | ||||
Current Ratio | 1.92 X | ||||
Book Value Per Share | 5.51 X | ||||
Cash Flow From Operations | 161.66 M | ||||
Short Ratio | 13.76 X | ||||
Earnings Per Share | 1.81 X | ||||
Price To Earnings To Growth | 4.02 X | ||||
Target Price | 47.0 | ||||
Number Of Employees | 1.59 K | ||||
Beta | 0.83 | ||||
Market Capitalization | 4.3 B | ||||
Total Asset | 574.34 M | ||||
Retained Earnings | 358.35 M | ||||
Working Capital | 222.08 M | ||||
Current Asset | 223.67 M | ||||
Current Liabilities | 75.61 M | ||||
Net Asset | 574.34 M |
About National Beverage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze National Beverage Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Beverage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Beverage 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out National Beverage Piotroski F Score and National Beverage Valuation analysis. Note that the National Beverage Corp information on this page should be used as a complementary analysis to other National Beverage'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 FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for National Stock analysis
When running National Beverage's price analysis, check to measure National Beverage'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 National Beverage is operating at the current time. Most of National Beverage's value examination focuses on studying past and present price action to predict the probability of National Beverage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move National Beverage's price. Additionally, you may evaluate how the addition of National Beverage to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
Technical Analysis Check basic technical indicators and analysis based on most latest market data |
Is National Beverage'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 National Beverage. If investors know National 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 National Beverage 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 0.141 | Earnings Share 1.81 | Revenue Per Share 12.648 | Quarterly Revenue Growth 0.006 | Return On Assets 0.2151 |
The market value of National Beverage Corp is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Beverage's value that differs from its market value or its book value, called intrinsic value, which is National Beverage'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 National Beverage's market value can be influenced by many factors that don't directly affect National Beverage'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 National Beverage's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Beverage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Beverage'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.