Ing Group Nv Stock Z Score
| ING Stock | USD 16.41 0.21 1.30% |
ING | Z Score |
ING Group NV Company Z Score Analysis
ING Group'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..
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ING Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for ING Group is extremely important. It helps to project a fair market value of ING Stock properly, considering its historical fundamentals such as Z Score. Since ING Group'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 ING Group'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 ING Group'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, ING Group NV has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
ING Group Institutional Holders
Institutional Holdings refers to the ownership stake in ING Group that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ING Group'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 ING Group's value.| Shares | Envestnet Asset Management Inc | 2023-12-31 | 3 M | Todd Asset Management | 2023-12-31 | 2.5 M | Natixis Advisors, Llc. | 2023-12-31 | 1.8 M | Causeway Capital Management Llc | 2023-12-31 | 1.6 M | Teachers Retirement System Of The State Of Kentucky | 2023-12-31 | 1.4 M | Cambiar Investors Llc | 2023-12-31 | 1.4 M | Wells Fargo & Co | 2023-12-31 | 1.3 M | Jpmorgan Chase & Co | 2023-12-31 | 1.2 M | Hightower Advisors, Llc | 2023-12-31 | 1 M | Fisher Asset Management, Llc | 2023-12-31 | 63.7 M | Goldman Sachs Group Inc | 2023-12-31 | 17.1 M |
ING Fundamentals
| Return On Equity | 0.0777 | ||||
| Return On Asset | 0.0045 | ||||
| Profit Margin | 0.23 % | ||||
| Operating Margin | (2.15) % | ||||
| Current Valuation | 148.49 B | ||||
| Shares Outstanding | 3.3 B | ||||
| Shares Owned By Institutions | 5.05 % | ||||
| Number Of Shares Shorted | 3.55 M | ||||
| Price To Earning | 15.68 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 3.11 X | ||||
| Revenue | 22.58 B | ||||
| Gross Profit | 29.42 B | ||||
| EBITDA | (235 M) | ||||
| Net Income | 10.49 B | ||||
| Cash And Equivalents | 259.31 B | ||||
| Cash Per Share | 68.96 X | ||||
| Total Debt | 163.33 B | ||||
| Debt To Equity | 3.09 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 16.36 X | ||||
| Cash Flow From Operations | (11.34 B) | ||||
| Short Ratio | 1.09 X | ||||
| Earnings Per Share | 2.18 X | ||||
| Price To Earnings To Growth | 0.41 X | ||||
| Target Price | 17.99 | ||||
| Number Of Employees | 60 K | ||||
| Beta | 1.63 | ||||
| Market Capitalization | 53.45 B | ||||
| Total Asset | 975.58 B | ||||
| Retained Earnings | 36.85 B | ||||
| Working Capital | (434.29 B) | ||||
| Current Asset | 190.87 B | ||||
| Current Liabilities | 625.16 B | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 5.57 % | ||||
| Net Asset | 975.58 B | ||||
| Last Dividend Paid | 1.11 |
About ING Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ING Group NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ING Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ING Group NV 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.
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Complementary Tools for ING Stock analysis
When running ING Group's price analysis, check to measure ING Group'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 ING Group is operating at the current time. Most of ING Group's value examination focuses on studying past and present price action to predict the probability of ING Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ING Group's price. Additionally, you may evaluate how the addition of ING Group to your portfolios can decrease your overall portfolio volatility.
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Is ING Group'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 ING Group. If investors know ING 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 ING Group 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 (0.83) | Dividend Share 1.106 | Earnings Share 2.18 | Revenue Per Share 4.947 | Quarterly Revenue Growth (0.95) |
The market value of ING Group NV is measured differently than its book value, which is the value of ING that is recorded on the company's balance sheet. Investors also form their own opinion of ING Group's value that differs from its market value or its book value, called intrinsic value, which is ING Group'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 ING Group's market value can be influenced by many factors that don't directly affect ING Group'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 ING Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if ING Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ING Group'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.