# FLUGGER Z Score

FLUG-B -- Denmark Stock

## DKK 286.002.000.69%

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. Please check FLUGGER GROUP Piotroski F Score and FLUGGER GROUP Valuation analysis.

## FLUGGER Z Score Analysis

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 FLUGGER GROUP AS Z Score

1.6
 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 FLUGGER GROUP
FLUGGER GROUP AS has Z Score of 1.6. This is 36.25% lower than that of the Basic Materials sector, and 55.31% lower than that of Specialty Chemicals industry, The Z Score for all stocks is 81.65% higher than the company.

## Did you try this?

### Watchlist Optimization

Optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm
 All  Next Launch Module

## FLUGGER Fundamentals

 Return On Equity 6.22 Return On Asset 3.73 Profit Margin 2.59 Operating Margin 4.26 Current Valuation 1.19 B Shares Outstanding 2.3 M Price to Earning 17.43 Price to Book 1.10 Price to Sales 0.45 Revenue 1.82 B Gross Profit 992.44 M EBITDA 184.79 M Net Income 47.11 M Cash and Equivalents 92.8 M Cash per Share 32.14 Total Debt 465.3 M Debt to Equity 0.60 Current Ratio 1.60 Book Value Per Share 259.90 Cash Flow from Operations 148.61 M Earnings Per Share 16.41 Beta 0.33 Market Capitalization 825.76 M Total Asset 1.19 B Retained Earnings 830 M Working Capital 423 M Current Asset 760 M Current Liabilities 337 M Z Score 1.6 Five Year Return 4.23 Last Dividend Paid 10.0

## About FLUGGER GROUP Fundamental Analysis

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

Macroaxis is not a registered investment advisor or broker/dealer. All investments, including stocks, funds, ETFs, or cryptocurrencies, are speculative and involve substantial risk of loss. We encourage our investors to invest carefully. Much of our information is derived directly from data published by companies or submitted to governmental agencies which we believe are reliable, but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way warrant or guarantee the success of any action you take in reliance on our statements or recommendations. Also, note that past performance is not necessarily indicative of future results. All investments carry risk, and all investment decisions of an individual remain the responsibility of that individual. There is no guarantee that systems, indicators, or signals will result in profits or that they will not result in losses. All investors are advised to fully understand all risks associated with any investing they choose to do. Hypothetical or simulated performance is not indicative of future results. We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown because hypothetical or simulated performance is not necessarily indicative of future results. For more information please visit our terms and condition page