# Joann Z Score

JOAN -  USA Stock

## USD 7.840.030.38%

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 see Joann Piotroski F Score and Joann Valuation analysis.
 Joann Refresh
Joann Return on Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.07. Invested Capital is expected to rise to about 3.1 B this year, although the value of Capital Expenditure is projected to rise to (49.8 M).

## Joann Z Score Analysis

Joann'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..
 2010 2022 (projected) Enterprise Value 2.18 B 1.95 B Average Equity 100.6 M 49.32 M
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis
 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 )

## Joann Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Joann is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Joann'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 Joann'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 Joann's interrelated accounts and indicators.
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 Predict Joann
According to the company's disclosures, Joann Inc has a Z Score of 0.0. This is 100.0% lower than that of the Consumer Cyclical sector and 100.0% lower than that of the Specialty Retail industry. The z score for all United States stocks is 100.0% higher than that of the company.

## Joann Z Score Peer Comparison

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

## Joann Fundamentals

 Return On Equity 108.46 % Return On Asset 4.79 % Profit Margin 3.23 % Operating Margin 10.55 % Current Valuation 2.2 B Shares Outstanding 41.18 M Shares Owned by Insiders 3.60 % Shares Owned by Institutions 94.60 % Number of Shares Shorted 3.18 M Price to Earning 4.36 X Price to Book 2.45 X Price to Sales 0.14 X Revenue 2.52 B Gross Profit 1.37 B EBITDA 266.2 M Net Income 81.4 M Cash and Equivalents 30.9 M Cash per Share 0.75 X Total Debt 1.8 B Current Ratio 1.38 X Book Value Per Share 3.56 X Cash Flow from Operations 17.7 M Short Ratio 5.93 X Earnings Per Share 2.00 X Price to Earnings To Growth (0.35) X Number of Employees 3.58 K Market Capitalization 358.69 M Last Dividend Paid 0.4

## About Joann Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Joann Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Joann using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Joann Inc 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.
JOANN Inc. operates as a specialty retailer of sewing, and arts and crafts category products in the United States. The company was formerly known as Jo-Ann Stores Holdings Inc. and changed its name to JOANN Inc. in February 2021. Joann operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 3575 people.

## Joann Investors Sentiment

The influence of Joann'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 Joann. 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.

### Joann Implied Volatility

119.79
Joann's implied volatility exposes the market's sentiment of Joann Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Joann'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 Joann stock will not fluctuate a lot when Joann'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 Joann 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, Joann's short interest history, or implied volatility extrapolated from Joann options trading.

## Current Sentiment - JOAN

### Joann Inc Investor Sentiment

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Please see Joann Piotroski F Score and Joann Valuation analysis. Note that the Joann Inc information on this page should be used as a complementary analysis to other Joann'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 Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.

## Complementary Tools for Joann Stock analysis

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