Godaddy Z Score
| GDDY Stock | USD 71.65 1.23 1.69% |
Godaddy | Z Score |
Godaddy Z Score Analysis
Godaddy'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..
More About Z Score | All Equity Analysis
| 2020 | 2021 | 2022 | 2023 (projected) | Accounts Payable | 51 M | 85.2 M | 130.9 M | 141.23 M | Receivables | 41.8 M | 63.6 M | 60.1 M | 64.84 M |
Z Score | = | Sum Of | | 5 Factors |
Current Godaddy Z Score | 1.92 |
Most of Godaddy'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, Godaddy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Godaddy Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Godaddy is extremely important. It helps to project a fair market value of Godaddy Stock properly, considering its historical fundamentals such as Z Score. Since Godaddy'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 Godaddy'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 Godaddy'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, Godaddy has a Z Score of 1.92. This is 85.72% lower than that of the IT Services sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 77.98% higher than that of the company.
Godaddy Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Godaddy's 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 Godaddy could also be used in its relative valuation, which is a method of valuing Godaddy by comparing valuation metrics of similar companies.Godaddy is currently under evaluation in z score category among related companies.
Godaddy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Godaddy from analyzing Godaddy's financial statements. These drivers represent accounts that assess Godaddy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Godaddy's important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 11.3 K | 19.5 K | (74.57 K) | 36.65 K | 50.97 K | 54.99 K | |
| Revenue Per Employee | 389.99 K | 425.41 K | 499.57 K | 577.17 K | 592.08 K | 492.45 K | |
| Average Assets | 5.99 B | 6.32 B | 6.22 B | 7.33 B | 6.96 B | 6.79 B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 400.6 M | 426.8 M | (202.4 M) | 578.7 M | 696.7 M | 751.7 M | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 400.6 M | 426.8 M | (202.4 M) | 578.7 M | 696.7 M | 751.7 M | |
| Earnings before Tax | 68.1 M | 125 M | (496.4 M) | 253.1 M | 355.8 M | 383.89 M | |
| Average Equity | 667.08 M | 823.85 M | 10.57 M | (31.8 M) | (381.98 M) | (392.03 M) | |
| Enterprise Value | 12.95 B | 13.32 B | 16.68 B | 17.02 B | 14.79 B | 14.81 B | |
| Free Cash Flow | 472.1 M | 635.8 M | 698.1 M | 778.2 M | 920 M | 731.62 M | |
| Invested Capital | 1.52 B | 1.75 B | 2.1 B | 2.82 B | 2.9 B | 2.45 B | |
| Invested Capital Average | 1.53 B | 1.72 B | 1.66 B | 2.83 B | 2.92 B | 2.47 B | |
| Market Capitalization | 11.39 B | 11.7 B | 14.01 B | 14.13 B | 11.63 B | 12.06 B | |
| Tangible Asset Value | 1.92 B | 2.23 B | 1.9 B | 2.49 B | 2.18 B | 2.1 B | |
| Working Capital | (458.9 M) | (425.8 M) | (1.02 B) | (546.9 M) | (877.2 M) | (946.45 M) |
Godaddy Fundamentals
| Return On Equity | 0.68 | |||
| Return On Asset | 0.0477 | |||
| Profit Margin | 0.08 % | |||
| Operating Margin | 0.13 % | |||
| Current Valuation | 13.95 B | |||
| Shares Outstanding | 146.81 M | |||
| Shares Owned by Insiders | 0.28 % | |||
| Shares Owned by Institutions | 95.80 % | |||
| Number of Shares Shorted | 2.58 M | |||
| Price to Earning | 36.04 X | |||
| Price to Book | 24.35 X | |||
| Price to Sales | 2.80 X | |||
| Revenue | 4.09 B | |||
| Gross Profit | 2.61 B | |||
| EBITDA | 716.7 M | |||
| Net Income | 352.9 M | |||
| Cash and Equivalents | 916.5 M | |||
| Cash per Share | 5.86 X | |||
| Total Debt | 3.95 B | |||
| Current Ratio | 0.63 X | |||
| Book Value Per Share | (4.50) X | |||
| Cash Flow from Operations | 979.7 M | |||
| Short Ratio | 1.79 X | |||
| Earnings Per Share | 2.03 X | |||
| Price to Earnings To Growth | 1.56 X | |||
| Target Price | 92.4 | |||
| Number of Employees | 6.91 K | |||
| Beta | 0.96 | |||
| Market Capitalization | 10.72 B | |||
| Total Asset | 6.97 B | |||
| Retained Earnings | (2.42 B) | |||
| Working Capital | (877.2 M) | |||
| Current Asset | 693.9 M | |||
| Current Liabilities | 1.11 B | |||
| Z Score | 1.92 | |||
| Net Asset | 6.97 B |
About Godaddy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Godaddy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Godaddy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Godaddy 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.GoDaddy Inc. engages in the design and development of cloud-based technology products in the United States and internationally. GoDaddy Inc. was incorporated in 2014 and is headquartered in Tempe, Arizona. Godaddy operates under SoftwareInfrastructure classification in the United States and is traded on New York Stock Exchange. It employs 6611 people.
Godaddy Investors Sentiment
The influence of Godaddy'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 Godaddy. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Godaddy's public news can be used to forecast risks associated with an investment in Godaddy. The trend in average sentiment can be used to explain how an investor holding Godaddy can time the market purely based on public headlines and social activities around Godaddy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Godaddy's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Godaddy's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Godaddy's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Godaddy.
Godaddy Implied Volatility | 35.13 |
Godaddy's implied volatility exposes the market's sentiment of Godaddy stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Godaddy's 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 Godaddy stock will not fluctuate a lot when Godaddy's 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 Godaddy 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, Godaddy's short interest history, or implied volatility extrapolated from Godaddy options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Godaddy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out Godaddy Piotroski F Score and Godaddy Valuation analysis. For more information on how to buy Godaddy Stock please use our How to Invest in Godaddy guide. Note that the Godaddy information on this page should be used as a complementary analysis to other Godaddy'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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Godaddy Stock analysis
When running Godaddy's price analysis, check to measure Godaddy'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 Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.
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Is Godaddy'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 Godaddy. If investors know Godaddy 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 Godaddy 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 (0.036) | Earnings Share 2.03 | Revenue Per Share 26.93 | Quarterly Revenue Growth 0.032 | Return On Assets 0.0477 |
The market value of Godaddy is measured differently than its book value, which is the value of Godaddy that is recorded on the company's balance sheet. Investors also form their own opinion of Godaddy's value that differs from its market value or its book value, called intrinsic value, which is Godaddy'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 Godaddy's market value can be influenced by many factors that don't directly affect Godaddy'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 Godaddy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Godaddy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Godaddy'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.