Furukawa Z Score

FUWAY -  USA Stock  

USD 10.00  0.29  2.99%

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 Furukawa Elec Piotroski F Score and Furukawa Elec Valuation analysis.

Furukawa Z Score 

 
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Furukawa Z Score Analysis

Furukawa Elec'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Furukawa Elec Z Score

    
  1.0  
Most of Furukawa Elec'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, Furukawa Elec 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 )
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

According to the company's disclosures, Furukawa Elec has a Z Score of 1.0. This is 75.43% lower than that of the Industrials sector and significantly higher than that of the Electrical Equipment & Parts industry. The z score for all United States stocks is 88.53% higher than that of the company.

Furukawa Elec Institutional Holders

Institutional Holdings refers to the ownership stake in Furukawa Elec that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Furukawa Elec'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 Furukawa Elec's value.
Security TypeSharesValue
Fny Partners Fund LpCommon Shares200K
Finemark National Bank TrustCommon Shares31.01000
Finemark National Bank TrustCommon Shares31.01000

Furukawa Fundamentals

About Furukawa Elec Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Furukawa Elec's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Furukawa Elec using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Furukawa Elec 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.
Furukawa Electric Co., Ltd. manufactures and sells telecommunications, energy, automobile, electronic parts, and construction products worldwide. Furukawa Electric Co., Ltd. was founded in 1884 and is headquartered in Tokyo, Japan. Furukawa Elec operates under Electrical Equipment Parts classification in the United States and is traded on OTC Exchange. It employs 48449 people.

Furukawa Elec Investors Sentiment

The influence of Furukawa Elec'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 Furukawa. 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 markets does not have a solid backing from leading economists and market statisticians.
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 Furukawa Elec 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, Furukawa Elec's short interest history, or implied volatility extrapolated from Furukawa Elec options trading.

Current Sentiment - FUWAY

Furukawa Elec Investor Sentiment

Macroaxis portfolio users are insensible in their opinion about investing in Furukawa Elec. What is your opinion about investing in Furukawa Elec? Are you bullish or bearish?
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Please check Furukawa Elec Piotroski F Score and Furukawa Elec Valuation analysis. Note that the Furukawa Elec information on this page should be used as a complementary analysis to other Furukawa Elec'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 Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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