Frontier Communications Parent Stock Z Score

FYBR Stock  USD 24.50  0.14  0.57%   
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 Frontier Communications Piotroski F Score and Frontier Communications Valuation analysis.
  
At this time, Frontier Communications' Capital Surpluse is relatively stable compared to the past year. As of 03/29/2024, Net Working Capital is likely to grow to about 531.3 M, while Net Invested Capital is likely to drop slightly above 12.2 B. At this time, Frontier Communications' Income Tax Expense is relatively stable compared to the past year. As of 03/29/2024, Net Income From Continuing Ops is likely to grow to about 175.3 M, while Operating Income is likely to drop slightly above 539 M.

Frontier Z Score Analysis

Frontier Communications' 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 (projected)
Fixed Asset Turnover0.780.490.41
Current Ratio1.851.131.22

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Frontier Communications Z Score

    
  0.97  
Most of Frontier Communications' 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, Frontier Communications Parent 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 )

Frontier Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Frontier Communications is extremely important. It helps to project a fair market value of Frontier Stock properly, considering its historical fundamentals such as Z Score. Since Frontier Communications' 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 Frontier Communications' 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 Frontier Communications' 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, Frontier Communications Parent has a Z Score of 0.97. This is 150.52% lower than that of the Diversified Telecommunication Services sector and 4.3% higher than that of the Communication Services industry. The z score for all United States stocks is 88.88% higher than that of the company.

Frontier Z Score Peer Comparison

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

Frontier Communications Institutional Holders

Institutional Holdings refers to the ownership stake in Frontier Communications that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Frontier Communications' 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 Frontier Communications' value.
Shares
Marathon Asset Management Llc2023-12-31
5.2 M
Antipodes Partners Limited2023-12-31
4.9 M
Dimensional Fund Advisors, Inc.2023-12-31
4.9 M
Magnolia Group, Llc2023-12-31
4.5 M
Geode Capital Management, Llc2023-12-31
3.7 M
Silver Point Capital Lp2023-12-31
3.2 M
Charles Schwab Investment Management Inc2023-12-31
2.9 M
Apg All Pensions Group2023-12-31
2.5 M
Luxor Capital Group, Lp2023-12-31
2.2 M
Ares Management Llc2023-12-31
38.9 M
Glendon Capital Management Lp2023-12-31
24.2 M

Frontier Fundamentals

About Frontier Communications Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Frontier Communications Parent's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Frontier Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Frontier Communications Parent 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.
Frontier Communications Parent, Inc., together with its subsidiaries, provides communications services for consumer and business customers in 25 states in the United States. Frontier Communications Parent, Inc. was incorporated in 1935 and is based in Norwalk, Connecticut. Frontier Communications operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 15074 people.

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When determining whether Frontier Communications is a strong investment it is important to analyze Frontier Communications' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Frontier Communications' future performance. For an informed investment choice regarding Frontier Stock, refer to the following important reports:
Check out Frontier Communications Piotroski F Score and Frontier Communications Valuation analysis.
Note that the Frontier Communications information on this page should be used as a complementary analysis to other Frontier Communications' 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 Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Frontier Communications' price analysis, check to measure Frontier Communications' 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 Frontier Communications is operating at the current time. Most of Frontier Communications' value examination focuses on studying past and present price action to predict the probability of Frontier Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Frontier Communications' price. Additionally, you may evaluate how the addition of Frontier Communications to your portfolios can decrease your overall portfolio volatility.
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Is Frontier Communications' 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 Frontier Communications. If investors know Frontier 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 Frontier Communications 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
(0.89)
Earnings Share
0.12
Revenue Per Share
23.424
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0246
The market value of Frontier Communications is measured differently than its book value, which is the value of Frontier that is recorded on the company's balance sheet. Investors also form their own opinion of Frontier Communications' value that differs from its market value or its book value, called intrinsic value, which is Frontier Communications' 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 Frontier Communications' market value can be influenced by many factors that don't directly affect Frontier Communications' 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 Frontier Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Frontier Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Frontier Communications' 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.