Futu Holdings Stock Z Score
| FUTU Stock | USD 54.85 0.52 0.96% |
Futu | Z Score |
Futu Holdings Company Z Score Analysis
Futu Holdings' 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..
| |||||||
| |||||||
| |||||||
| |||||||
|
Futu Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Futu Holdings is extremely important. It helps to project a fair market value of Futu Stock properly, considering its historical fundamentals such as Z Score. Since Futu Holdings' 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 Futu Holdings' 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 Futu Holdings' 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, Futu Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Capital Markets sector and 100.0% lower than that of the Financials industry. The z score for all United States stocks is 100.0% higher than that of the company.
Futu Holdings Current Valuation Drivers
We derive many important indicators used in calculating different scores of Futu Holdings from analyzing Futu Holdings' financial statements. These drivers represent accounts that assess Futu Holdings' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Futu Holdings' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 9.0B | 46.0B | 50.7B | 45.2B | 40.7B | 20.8B | |
| Enterprise Value | 10.3B | 55.8B | 57.2B | 42.9B | 38.6B | 22.8B |
Futu Holdings Institutional Holders
Institutional Holdings refers to the ownership stake in Futu Holdings that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Futu Holdings' 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 Futu Holdings' value.| Shares | Geode Capital Management, Llc | 2023-12-31 | 478.7 K | Legal & General Group Plc | 2023-12-31 | 471.3 K | Voloridge Investment Management, Llc | 2023-09-30 | 424.4 K | My.alpha Management Hk Advisors Ltd | 2023-12-31 | 400.1 K | Sequoia China Equity Partners (hong Kong) Ltd | 2023-12-31 | 400 K | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 378.5 K | Citigroup Inc | 2023-12-31 | 377 K | Think Investments Lp | 2023-09-30 | 372 K | Ubs Asset Mgmt Americas Inc | 2023-12-31 | 352.7 K | Goldman Sachs Group Inc | 2023-12-31 | 4.9 M | Blackrock Inc | 2023-12-31 | 2.9 M |
Futu Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0447 | |||
| Profit Margin | 0.47 % | |||
| Operating Margin | 0.49 % | |||
| Current Valuation | 16.55 B | |||
| Shares Outstanding | 139.63 M | |||
| Shares Owned By Insiders | 16.40 % | |||
| Shares Owned By Institutions | 30.09 % | |||
| Number Of Shares Shorted | 2.75 M | |||
| Price To Earning | 40.61 X | |||
| Price To Book | 2.56 X | |||
| Price To Sales | 0.88 X | |||
| Revenue | 9.92 B | |||
| Gross Profit | 6.62 B | |||
| EBITDA | 3.63 B | |||
| Net Income | 4.36 B | |||
| Cash And Equivalents | 6.3 B | |||
| Cash Per Share | 44.24 X | |||
| Total Debt | 2.69 B | |||
| Debt To Equity | 0.23 % | |||
| Current Ratio | 1.20 X | |||
| Book Value Per Share | 179.15 X | |||
| Cash Flow From Operations | 3.47 B | |||
| Short Ratio | 1.57 X | |||
| Earnings Per Share | 3.90 X | |||
| Target Price | 68.88 | |||
| Beta | 0.85 | |||
| Market Capitalization | 7.65 B | |||
| Total Asset | 94.5 B | |||
| Retained Earnings | 7.08 B | |||
| Working Capital | 19.54 B | |||
| Current Asset | 1.11 M | |||
| Current Liabilities | 1.59 M | |||
| Net Asset | 94.5 B |
About Futu Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Futu Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Futu Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Futu Holdings 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.
Futu Holdings Implied Volatility | 136.74 |
Futu Holdings' implied volatility exposes the market's sentiment of Futu Holdings stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Futu Holdings' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Futu Holdings stock will not fluctuate a lot when Futu Holdings' options are near their expiration.
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 Futu Holdings 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, Futu Holdings' short interest history, or implied volatility extrapolated from Futu Holdings options trading.
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 Futu Holdings Piotroski F Score and Futu Holdings Valuation analysis. For more information on how to buy Futu Stock please use our How to Invest in Futu Holdings guide.You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
Complementary Tools for Futu Stock analysis
When running Futu Holdings' price analysis, check to measure Futu Holdings' 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 Futu Holdings is operating at the current time. Most of Futu Holdings' value examination focuses on studying past and present price action to predict the probability of Futu Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Futu Holdings' price. Additionally, you may evaluate how the addition of Futu Holdings to your portfolios can decrease your overall portfolio volatility.
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities |
Is Futu Holdings' 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 Futu Holdings. If investors know Futu 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 Futu Holdings 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 (0.07) | Earnings Share 3.9 | Revenue Per Share 65.871 | Quarterly Revenue Growth 0.002 | Return On Assets 0.0447 |
The market value of Futu Holdings is measured differently than its book value, which is the value of Futu that is recorded on the company's balance sheet. Investors also form their own opinion of Futu Holdings' value that differs from its market value or its book value, called intrinsic value, which is Futu Holdings' 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 Futu Holdings' market value can be influenced by many factors that don't directly affect Futu Holdings' 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 Futu Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Futu Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Futu Holdings' 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.