# JSE Z Score

 JSEJF Stock USD 4.91  0.00  0.00%
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 JSE Piotroski F Score and JSE Valuation analysis.
 JSE

## JSE Z Score Analysis

JSE'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..
 Z Score = Sum Of 5 Factors
More About Z Score | All Equity Analysis

### Current JSE Z Score

1.2
Most of JSE'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, JSE Limited 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 )
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 Predict JSE
According to the company's disclosures, JSE Limited has a Z Score of 1.2. This is 50.21% lower than that of the Financial Services sector and significantly higher than that of the Financial Data & Stock Exchanges industry. The z score for all United States stocks is 86.24% higher than that of the company.

## JSE Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses JSE's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of JSE could also be used in its relative valuation, which is a method of valuing JSE by comparing valuation metrics of similar companies.
JSE is currently under evaluation in z score category among related companies.

## JSE Fundamentals

 Return On Equity 0.22 Return On Asset 0.0096 Profit Margin 0.31 % Operating Margin 0.34 % Current Valuation 390.71 M Shares Outstanding 83.22 M Shares Owned by Insiders 0.40 % Shares Owned by Institutions 77.41 % Price to Earning 9.70 X Price to Book 2.24 X Price to Sales 0.18 X Revenue 2.52 B Gross Profit 2.52 B EBITDA 3.1 B Net Income 722.44 M Cash and Equivalents 2.06 B Cash per Share 25.01 X Total Debt 226.19 M Debt to Equity 0.06 % Current Ratio 1.03 X Book Value Per Share 46.73 X Cash Flow from Operations 917.25 M Earnings Per Share 0.56 X Number of Employees 38 Beta 0.19 Market Capitalization 540.9 M Total Asset 61.04 B Retained Earnings 2.37 B Working Capital 1.85 B Current Asset 43.59 B Current Liabilities 41.74 B Z Score 1.2 Annual Yield 0.07 % Five Year Return 3.40 % Net Asset 61.04 B Last Dividend Paid 7.54

The Macroaxis Fundamental Analysis modules help investors analyze JSE Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of JSE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of JSE Limited 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.
JSE Limited operates as a securities exchange in South Africa. JSE Limited was incorporated in 1887 and is based in Johannesburg, South Africa. JSE operates under Financial Data Stock Exchanges classification in the United States and is traded on OTC Exchange.

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Check out JSE Piotroski F Score and JSE Valuation analysis. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

## Complementary Tools for JSE Pink Sheet analysis

When running JSE's price analysis, check to measure JSE'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 JSE is operating at the current time. Most of JSE's value examination focuses on studying past and present price action to predict the probability of JSE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move JSE's price. Additionally, you may evaluate how the addition of JSE to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between JSE's value and its price as these two are different measures arrived at by different means. Investors typically determine if JSE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JSE'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.