Alphabet Z Score
| GOOGL Stock | USD 130.86 1.45 1.10% |
Alphabet | Z Score |
Alphabet Z Score Analysis
Alphabet Class' 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) | Revenue Per Employee | 1.35 M | 1.65 M | 1.49 M | 1.33 M | Net Income Per Employee | 296.81 K | 485.83 K | 315.25 K | 288.27 K |
Z Score | = | Sum Of | | 5 Factors |
Current Alphabet Class Z Score | 36.14 |
Most of Alphabet Class' 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, Alphabet Class A is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Alphabet Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Alphabet Class is extremely important. It helps to project a fair market value of Alphabet Stock properly, considering its historical fundamentals such as Z Score. Since Alphabet Class' 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 Alphabet Class' 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 Alphabet Class' 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, Alphabet Class A has a Z Score of 36.14. This is 1982.29% lower than that of the Interactive Media & Services sector and significantly higher than that of the Communication Services industry. The z score for all United States stocks is notably lower than that of the firm.
Alphabet Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alphabet Class' 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 Alphabet Class could also be used in its relative valuation, which is a method of valuing Alphabet Class by comparing valuation metrics of similar companies.Alphabet Class is currently under evaluation in z score category among related companies.
Alphabet Class Current Valuation Drivers
We derive many important indicators used in calculating different scores of Alphabet Class from analyzing Alphabet Class' financial statements. These drivers represent accounts that assess Alphabet Class' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Alphabet Class' important valuation drivers and their relationship over time.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 311.18 K | 288.84 K | 296.81 K | 485.83 K | 315.25 K | 288.27 K | |
| Revenue Per Employee | 1.39 M | 1.36 M | 1.35 M | 1.65 M | 1.49 M | 1.33 M | |
| Average Assets | 218.22 B | 260.35 B | 292.69 B | 342.29 B | 358.95 B | 308.36 B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 44.06 B | 51.51 B | 61.91 B | 103.52 B | 87.61 B | 72.28 B | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 44.06 B | 51.51 B | 61.91 B | 103.52 B | 87.61 B | 72.28 B | |
| Earnings before Tax | 34.91 B | 39.62 B | 48.08 B | 90.73 B | 71.33 B | 58.73 B | |
| Average Equity | 167.57 B | 193.02 B | 211.61 B | 240.94 B | 254.8 B | 224.06 B | |
| Enterprise Value | 717.28 B | 921.48 B | 1,190.29 B | 1,924.99 B | 1,146.61 B | 1,057.48 B | |
| Free Cash Flow | 22.83 B | 30.97 B | 42.84 B | 67.01 B | 60.01 B | 48.16 B | |
| Invested Capital | 165.38 B | 204.35 B | 238.78 B | 275.9 B | 270.24 B | 232.54 B | |
| Invested Capital Average | 157.58 B | 196.6 B | 221.99 B | 260.86 B | 272.31 B | 229.11 B | |
| Market Capitalization | 726.73 B | 923.76 B | 1,185.53 B | 1,922.95 B | 1,141.96 B | 1,057.95 B | |
| Tangible Asset Value | 212.68 B | 253.31 B | 297 B | 334.89 B | 334.22 B | 289.78 B | |
| Working Capital | 101.06 B | 107.36 B | 117.46 B | 123.89 B | 95.5 B | 101.3 B |
Alphabet Class ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Alphabet Class' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alphabet Class' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Alphabet Class Institutional Holders
Institutional Holdings refers to the ownership stake in Alphabet Class that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alphabet Class' 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 Alphabet Class' value.| Last Transaction | Type | Shares | Value | Vanguard Group Inc | 2023-06-30 | Common Shares | 899.6 M | 108.2 B | Wellington Management Group Llp | 2023-06-30 | Common Shares | 118 M | 14.2 B | Ubs Asset Management Americas Inc | 2023-06-30 | Common Shares | 52.5 M | 5.4 B | Ubs Group Ag | 2023-06-30 | Common Shares | 39 M | 4.7 B | Wells Fargo Company | 2023-06-30 | Common Shares | 38.4 M | 4.6 B | Voya Investment Management Llc | 2023-06-30 | Common Shares | 20.2 M | 2.4 B | T Rowe Price Investment Management Inc | 2023-06-30 | Common Shares | 16.4 M | 2 B | Veritas Asset Management Llp | 2023-06-30 | Common Shares | 11.7 M | 1.4 B | Victory Capital Management Inc | 2023-06-30 | Common Shares | 10.2 M | 1.2 B | Winslow Capital Management Llc | 2023-06-30 | Common Shares | 9.6 M | 1.2 B | Us Bancorp | 2023-06-30 | Common Shares | 8.4 M | 1 B |
Alphabet Fundamentals
| Return On Equity | 0.23 | |||
| Return On Asset | 0.13 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.26 % | |||
| Current Valuation | 1561.11 B | |||
| Shares Outstanding | 5.93 B | |||
| Shares Owned by Insiders | 0.28 % | |||
| Shares Owned by Institutions | 78.93 % | |||
| Number of Shares Shorted | 46.08 M | |||
| Price to Earning | 1.30 X | |||
| Price to Book | 4.85 X | |||
| Price to Sales | 4.17 X | |||
| Revenue | 282.84 B | |||
| Gross Profit | 156.63 B | |||
| EBITDA | 90.77 B | |||
| Net Income | 59.97 B | |||
| Cash and Equivalents | 21.88 B | |||
| Cash per Share | 9.58 X | |||
| Total Debt | 29.68 B | |||
| Debt to Equity | 0.11 % | |||
| Current Ratio | 2.81 X | |||
| Book Value Per Share | 21.15 X | |||
| Cash Flow from Operations | 91.5 B | |||
| Short Ratio | 1.81 X | |||
| Earnings Per Share | 4.67 X | |||
| Price to Earnings To Growth | 1.34 X | |||
| Target Price | 149.16 | |||
| Number of Employees | 181.8 K | |||
| Beta | 1.06 | |||
| Market Capitalization | 1656.05 B | |||
| Total Asset | 365.26 B | |||
| Retained Earnings | 195.56 B | |||
| Working Capital | 95.5 B | |||
| Current Asset | 90.11 B | |||
| Current Liabilities | 19.31 B | |||
| Z Score | 36.14 | |||
| Net Asset | 365.26 B |
About Alphabet Class Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alphabet Class A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alphabet Class using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alphabet Class A 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.Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 174014 people.
Alphabet Class Investors Sentiment
The influence of Alphabet Class' 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 Alphabet. 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 Alphabet Class' public news can be used to forecast risks associated with an investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Class A. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Alphabet Class' 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 Alphabet Class' 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 Alphabet Class' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet Class.
Alphabet Class Implied Volatility | 26.16 |
Alphabet Class' implied volatility exposes the market's sentiment of Alphabet Class A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet Class' 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 Alphabet Class stock will not fluctuate a lot when Alphabet Class' 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 Alphabet Class 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, Alphabet Class' short interest history, or implied volatility extrapolated from Alphabet Class options trading.
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Check out Alphabet Class Piotroski F Score and Alphabet Class Valuation analysis. Note that the Alphabet Class A information on this page should be used as a complementary analysis to other Alphabet Class' 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 Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Alphabet Stock analysis
When running Alphabet Class' price analysis, check to measure Alphabet Class' 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 Alphabet Class is operating at the current time. Most of Alphabet Class' value examination focuses on studying past and present price action to predict the probability of Alphabet Class' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alphabet Class' price. Additionally, you may evaluate how the addition of Alphabet Class to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet Class' 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 Alphabet Class. If investors know Alphabet 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 Alphabet Class 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 0.191 | Earnings Share 4.67 | Revenue Per Share 22.547 | Quarterly Revenue Growth 0.071 | Return On Assets 0.1296 |
The market value of Alphabet Class A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet Class' value that differs from its market value or its book value, called intrinsic value, which is Alphabet Class' 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 Alphabet Class' market value can be influenced by many factors that don't directly affect Alphabet Class' 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 Alphabet Class' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alphabet Class is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet Class' 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.