Magellan Aerospace Stock Z Score
MALJF Stock | USD 6.12 0.02 0.33% |
Magellan |
Magellan Z Score Analysis
Magellan Aerospace'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..
Current Magellan Aerospace Z Score | 8.4 |
Most of Magellan Aerospace'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, Magellan Aerospace is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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 |
Based on the company's disclosures, Magellan Aerospace has a Z Score of 8.4. This is 106.39% higher than that of the Aerospace & Defense sector and 254.43% higher than that of the Industrials industry. The z score for all United States stocks is 3.67% higher than that of the company.
Magellan Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Magellan Aerospace'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 Magellan Aerospace could also be used in its relative valuation, which is a method of valuing Magellan Aerospace by comparing valuation metrics of similar companies.Magellan Aerospace is currently under evaluation in z score category among related companies.
Magellan Fundamentals
Return On Equity | -0.0088 | |||
Return On Asset | -0.0058 | |||
Profit Margin | (0.01) % | |||
Operating Margin | (0.01) % | |||
Current Valuation | 323.75 M | |||
Shares Outstanding | 57.51 M | |||
Shares Owned By Insiders | 78.88 % | |||
Shares Owned By Institutions | 3.19 % | |||
Price To Earning | 116.30 X | |||
Price To Book | 0.57 X | |||
Price To Sales | 0.43 X | |||
Revenue | 688.36 M | |||
Gross Profit | 41.21 M | |||
EBITDA | 56.41 M | |||
Net Income | (977 K) | |||
Cash And Equivalents | 11.21 M | |||
Cash Per Share | 0.19 X | |||
Total Debt | 26.86 M | |||
Debt To Equity | 0.09 % | |||
Current Ratio | 3.21 X | |||
Book Value Per Share | 12.73 X | |||
Cash Flow From Operations | 12.53 M | |||
Earnings Per Share | (0.09) X | |||
Number Of Employees | 3.4 K | |||
Beta | 1.07 | |||
Market Capitalization | 384.4 M | |||
Total Asset | 1 B | |||
Z Score | 8.4 | |||
Annual Yield | 0.01 % | |||
Five Year Return | 3.54 % | |||
Net Asset | 1 B | |||
Last Dividend Paid | 0.34 |
About Magellan Aerospace Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Magellan Aerospace's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Magellan Aerospace using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Magellan Aerospace 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.Magellan Aerospace Corporation, through its subsidiaries, designs, engineers, manufactures, and sells aero engine and structure components for the aerospace markets in Canada, the United States, Europe, and Asia. Magellan Aerospace Corporation was incorporated in 1996 and is headquartered in Mississauga, Canada. Magellan Aerospace operates under Aerospace Defense classification in the United States and is traded on OTC Exchange. It employs 3400 people.
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 Magellan Aerospace 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, Magellan Aerospace's short interest history, or implied volatility extrapolated from Magellan Aerospace options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Magellan Aerospace Piotroski F Score and Magellan Aerospace Valuation analysis. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Magellan Pink Sheet analysis
When running Magellan Aerospace's price analysis, check to measure Magellan Aerospace'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 Magellan Aerospace is operating at the current time. Most of Magellan Aerospace's value examination focuses on studying past and present price action to predict the probability of Magellan Aerospace's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magellan Aerospace's price. Additionally, you may evaluate how the addition of Magellan Aerospace to your portfolios can decrease your overall portfolio volatility.
Money Managers Screen money managers from public funds and ETFs managed around the world | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. |