Methode Electronics Stock Z Score

MEI Stock

USD 12.29 0.23 1.91%

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 Methode Electronics Piotroski F Score and Methode Electronics Valuation analysis.

For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.

As of now, Methode Electronics' Total Debt To Capitalization is increasing as compared to previous years. The Methode Electronics' current Return On Capital Employed is estimated to increase to 0.13, while Capital Surpluse is projected to decrease to under 141.2 M. As of now, Methode Electronics' Gross Profit is increasing as compared to previous years. The Methode Electronics' current Other Operating Expenses is estimated to increase to about 1.3 B, while EBIT is projected to decrease to under 55.1 M.

Methode Electronics Company Z Score Analysis

Methode Electronics' 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

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 )

Methode Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Methode Electronics is extremely important. It helps to project a fair market value of Methode Stock properly, considering its historical fundamentals such as Z Score. Since Methode Electronics' 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 Methode Electronics' 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 Methode Electronics' interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Good Will	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Total Permanent Equity	Long Term Debt	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.99	0.74	0.99	0.94	0.98	0.92	-0.45	0.92	0.95	0.96	-0.27	0.56	0.98	0.21	0.42	0.77	0.93	0.93	0.89	0.82	-0.78	-0.78	0.94	-0.83	0.38	-0.62
Total Stockholder Equity	0.99		0.65	1.0	0.95	0.95	0.95	-0.48	0.93	0.9	0.93	-0.27	0.56	0.96	0.28	0.53	0.8	0.87	0.87	0.91	0.79	-0.79	-0.8	0.92	-0.79	0.43	-0.61
Net Debt	0.74	0.65		0.65	0.59	0.83	0.42	-0.32	0.6	0.89	0.88	0.06	0.32	0.8	-0.29	-0.24	0.31	0.9	0.9	0.55	0.66	-0.39	-0.42	0.81	-0.82	0.12	-0.52
Retained Earnings	0.99	1.0	0.65		0.93	0.94	0.94	-0.5	0.91	0.91	0.93	-0.23	0.53	0.96	0.29	0.52	0.79	0.88	0.88	0.91	0.79	-0.78	-0.79	0.92	-0.78	0.44	-0.6
Net Receivables	0.94	0.95	0.59	0.93		0.91	0.95	-0.31	0.98	0.82	0.86	-0.44	0.68	0.9	0.25	0.57	0.72	0.8	0.8	0.85	0.69	-0.7	-0.75	0.84	-0.75	0.41	-0.65
Total Liab	0.98	0.95	0.83	0.94	0.91		0.85	-0.41	0.88	0.97	0.98	-0.27	0.54	0.98	0.12	0.28	0.71	0.97	0.97	0.86	0.84	-0.74	-0.73	0.95	-0.87	0.31	-0.61
Total Current Assets	0.92	0.95	0.42	0.94	0.95	0.85		-0.37	0.91	0.75	0.78	-0.42	0.61	0.86	0.46	0.72	0.84	0.74	0.74	0.87	0.7	-0.78	-0.77	0.79	-0.63	0.48	-0.58
Short Term Debt	-0.45	-0.48	-0.32	-0.5	-0.31	-0.41	-0.37		-0.34	-0.48	-0.48	-0.36	-0.07	-0.5	0.04	-0.22	-0.28	-0.38	-0.38	-0.46	-0.38	0.42	0.77	-0.44	0.46	-0.08	0.27
Accounts Payable	0.92	0.93	0.6	0.91	0.98	0.88	0.91	-0.34		0.8	0.85	-0.34	0.69	0.89	0.16	0.55	0.66	0.78	0.78	0.8	0.61	-0.61	-0.72	0.82	-0.72	0.47	-0.72
Intangible Assets	0.95	0.9	0.89	0.91	0.82	0.97	0.75	-0.48	0.8		0.99	-0.11	0.43	0.96	0.04	0.13	0.65	0.98	0.98	0.82	0.85	-0.72	-0.7	0.95	-0.91	0.22	-0.54
Good Will	0.96	0.93	0.88	0.93	0.86	0.98	0.78	-0.48	0.85	0.99		-0.1	0.47	0.98	0.03	0.21	0.65	0.97	0.97	0.83	0.8	-0.68	-0.7	0.96	-0.88	0.33	-0.62
Treasury Stock	-0.27	-0.27	0.06	-0.23	-0.44	-0.27	-0.42	-0.36	-0.34	-0.11	-0.1		-0.35	-0.16	-0.29	-0.35	-0.34	-0.15	-0.15	-0.3	-0.33	0.41	0.29	-0.17	0.18	0.04	-0.03
Common Stock	0.56	0.56	0.32	0.53	0.68	0.54	0.61	-0.07	0.69	0.43	0.47	-0.35		0.52	0.04	0.41	0.29	0.45	0.45	0.43	0.28	-0.13	-0.45	0.46	-0.34	0.46	-0.69
Property Plant Equipment	0.98	0.96	0.8	0.96	0.9	0.98	0.86	-0.5	0.89	0.96	0.98	-0.16	0.52		0.07	0.33	0.69	0.95	0.95	0.85	0.81	-0.73	-0.76	0.95	-0.83	0.4	-0.64
Current Deferred Revenue	0.21	0.28	-0.29	0.29	0.25	0.12	0.46	0.04	0.16	0.04	0.03	-0.29	0.04	0.07		0.62	0.71	0.07	0.07	0.44	0.27	-0.45	-0.14	0.12	-0.09	0.03	0.04
Net Tangible Assets	0.42	0.53	-0.24	0.52	0.57	0.28	0.72	-0.22	0.55	0.13	0.21	-0.35	0.41	0.33	0.62		0.57	0.11	0.11	0.57	0.22	-0.43	-0.5	0.31	-0.07	0.59	-0.25
Total Permanent Equity	0.77	0.8	0.31	0.79	0.72	0.71	0.84	-0.28	0.66	0.65	0.65	-0.34	0.29	0.69	0.71	0.57		0.65	0.65	0.82	0.74	-0.85	-0.57	0.66	-0.63	0.16	-0.36
Long Term Debt	0.93	0.87	0.9	0.88	0.8	0.97	0.74	-0.38	0.78	0.98	0.97	-0.15	0.45	0.95	0.07	0.11	0.65		1.0	0.79	0.84	-0.67	-0.62	0.93	-0.86	0.25	-0.59
Long Term Debt Total	0.93	0.87	0.9	0.88	0.8	0.97	0.74	-0.38	0.78	0.98	0.97	-0.15	0.45	0.95	0.07	0.11	0.65	1.0		0.79	0.84	-0.67	-0.62	0.93	-0.86	0.25	-0.59
Capital Surpluse	0.89	0.91	0.55	0.91	0.85	0.86	0.87	-0.46	0.8	0.82	0.83	-0.3	0.43	0.85	0.44	0.57	0.82	0.79	0.79		0.87	-0.82	-0.77	0.91	-0.79	0.35	-0.37
Deferred Long Term Liab	0.82	0.79	0.66	0.79	0.69	0.84	0.7	-0.38	0.61	0.85	0.8	-0.33	0.28	0.81	0.27	0.22	0.74	0.84	0.84	0.87		-0.87	-0.68	0.86	-0.82	0.06	-0.2
Accumulated Depreciation	-0.78	-0.79	-0.39	-0.78	-0.7	-0.74	-0.78	0.42	-0.61	-0.72	-0.68	0.41	-0.13	-0.73	-0.45	-0.43	-0.85	-0.67	-0.67	-0.82	-0.87		0.72	-0.71	0.71	-0.01	0.12
Short Long Term Debt	-0.78	-0.8	-0.42	-0.79	-0.75	-0.73	-0.77	0.77	-0.72	-0.7	-0.7	0.29	-0.45	-0.76	-0.14	-0.5	-0.57	-0.62	-0.62	-0.77	-0.68	0.72		-0.7	0.67	-0.22	0.42
Net Invested Capital	0.94	0.92	0.81	0.92	0.84	0.95	0.79	-0.44	0.82	0.95	0.96	-0.17	0.46	0.95	0.12	0.31	0.66	0.93	0.93	0.91	0.86	-0.71	-0.7		-0.83	0.42	-0.46
Cash And Equivalents	-0.83	-0.79	-0.82	-0.78	-0.75	-0.87	-0.63	0.46	-0.72	-0.91	-0.88	0.18	-0.34	-0.83	-0.09	-0.07	-0.63	-0.86	-0.86	-0.79	-0.82	0.71	0.67	-0.83		0.08	0.46
Net Working Capital	0.38	0.43	0.12	0.44	0.41	0.31	0.48	-0.08	0.47	0.22	0.33	0.04	0.46	0.4	0.03	0.59	0.16	0.25	0.25	0.35	0.06	-0.01	-0.22	0.42	0.08		-0.42
Capital Stock	-0.62	-0.61	-0.52	-0.6	-0.65	-0.61	-0.58	0.27	-0.72	-0.54	-0.62	-0.03	-0.69	-0.64	0.04	-0.25	-0.36	-0.59	-0.59	-0.37	-0.2	0.12	0.42	-0.46	0.46	-0.42

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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 Methode Electronics

Based on the company's disclosures, Methode Electronics has a Z Score of 0.0. This is 100.0% lower than that of the Electronic Equipment, Instruments & Components sector and 100.0% lower than that of the Information Technology industry. The z score for all United States stocks is 100.0% higher than that of the company.

Methode Electronics Institutional Holders

Institutional Holdings refers to the ownership stake in Methode Electronics that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Methode Electronics' 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 Methode Electronics' value.

		Shares
Charles Schwab Investment Management Inc	2023-12-31	554.9 K
Bank Of New York Mellon Corp	2023-12-31	461.5 K
Northern Trust Corp	2023-12-31	434.1 K
Citadel Advisors Llc	2023-09-30	302.3 K
Goldman Sachs Group Inc	2023-12-31	291.3 K
William Blair Investment Management, Llc	2023-12-31	281.7 K
Amvescap Plc.	2023-12-31	273.5 K
Heartland Advisors Inc	2023-12-31	256.3 K
Bridge City Capital, Llc	2024-03-31	245.6 K
Blackrock Inc	2023-12-31	5.9 M
Fmr Inc	2023-12-31	5.1 M

Methode Fundamentals

	Return On Equity	-0.0651
	Return On Asset	0.0113
	Profit Margin	(0.05) %
	Operating Margin	(0.01) %
	Current Valuation	665.61 M
	Shares Outstanding	35.39 M
	Shares Owned By Insiders	5.06 %
	Shares Owned By Institutions	98.95 %
	Number Of Shares Shorted	1.71 M
	Price To Earning	13.84 X
	Price To Book	0.53 X
	Price To Sales	0.39 X
	Revenue	1.18 B
	Gross Profit	264.6 M
	EBITDA	142.3 M
	Net Income	77.1 M
	Cash And Equivalents	157 M
	Cash Per Share	4.17 X
	Total Debt	335.4 M
	Debt To Equity	0.25 %
	Current Ratio	3.26 X
	Book Value Per Share	22.68 X
	Cash Flow From Operations	132.8 M
	Short Ratio	1.81 X
	Earnings Per Share	(1.63) X
	Price To Earnings To Growth	1.16 X
	Target Price	13.33
	Number Of Employees	6.7 K
	Beta	0.85
	Market Capitalization	426.81 M
	Total Asset	1.58 B
	Retained Earnings	772.7 M
	Working Capital	436.4 M
	Current Asset	496.2 M
	Current Liabilities	117.9 M
	Annual Yield	0.05 %
	Five Year Return	1.26 %
	Net Asset	1.58 B
	Last Dividend Paid	0.56

About Methode Electronics Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Methode Electronics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Methode Electronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Methode Electronics 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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When determining whether Methode Electronics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Methode Electronics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Methode Electronics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Methode Electronics Stock:

How To Invest In Methode

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Is Methode Stock a good investment?

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What is Methode Electronics' Net Worth?

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Largest Electronic Equipment, Instruments & Components Companies

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Check out Methode Electronics Piotroski F Score and Methode Electronics Valuation analysis.

For more detail on how to invest in Methode Stock please use our How to Invest in Methode Electronics guide.

Note that the Methode Electronics information on this page should be used as a complementary analysis to other Methode Electronics' 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 Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Complementary Tools for Methode Stock analysis

When running Methode Electronics' price analysis, check to measure Methode Electronics' 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 Methode Electronics is operating at the current time. Most of Methode Electronics' value examination focuses on studying past and present price action to predict the probability of Methode Electronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methode Electronics' price. Additionally, you may evaluate how the addition of Methode Electronics to your portfolios can decrease your overall portfolio volatility.

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Is Methode Electronics' 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 Methode Electronics. If investors know Methode 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 Methode Electronics 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

(0.97)

Dividend Share

0.56

Earnings Share

(1.63)

Revenue Per Share

31.999

Quarterly Revenue Growth

(0.07)

The market value of Methode Electronics is measured differently than its book value, which is the value of Methode that is recorded on the company's balance sheet. Investors also form their own opinion of Methode Electronics' value that differs from its market value or its book value, called intrinsic value, which is Methode Electronics' 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 Methode Electronics' market value can be influenced by many factors that don't directly affect Methode Electronics' 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 Methode Electronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Methode Electronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Methode Electronics' 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.

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Methode Electronics Stock Z Score

Methode Electronics Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Methode Z Score Driver Correlations

Methode Electronics Institutional Holders

Methode Fundamentals

About Methode Electronics Fundamental Analysis

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

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