Maximus Z Score

MMS -  USA Stock  

USD 83.87  0.16  0.19%

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. Additionally, see Maximus Piotroski F Score and Maximus Valuation analysis.

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Maximus Return on Invested Capital is relatively stable at the moment as compared to the past year. Maximus reported last year Return on Invested Capital of 0.28. As of 09/19/2021, Invested Capital is likely to grow to about 1 B, while Market Capitalization is likely to drop slightly above 4.4 B. Maximus Direct Expenses is relatively stable at the moment as compared to the past year. Maximus reported last year Direct Expenses of 2.48 Billion. As of 09/19/2021, Interest Expense is likely to grow to about 1.9 M, while Cost of Revenue is likely to drop slightly above 2.5 B.

Maximus Z Score Analysis

Maximus' 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..
 2020 2021 (projected)
Long Term Debt to Equity0.01310.0134
Interest Coverage126.01132.35
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Maximus Z Score

    
  4.2  
Most of Maximus' 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, Maximus 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 )

Maximus Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Maximus is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Maximus' 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 Maximus' 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 Maximus' 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

Based on the company's disclosures, Maximus has a Z Score of 4.2. This is 3.19% higher than that of the Industrials sector and significantly higher than that of the Specialty Business Services industry. The z score for all United States stocks is 51.83% higher than that of the company.

Maximus Z Score Peer Comparison

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

Maximus Current Valuation Drivers

We derive many important indicators used in calculating different scores of Maximus from analyzing Maximus' financial statements. These drivers represent accounts that assess Maximus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Maximus' important valuation drivers and their relationship over time.
201620172018201920202021 (projected)
Net Income Per Employee10.27 K10.49 K8.14 K6.24 K7.17 K9.32 K
Revenue Per Employee120.14 K113.64 K97.53 K100.64 K115.74 K129.25 K
Average Assets1.31 B1.42 B1.7 B2.01 B2.31 B1.86 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA381.62 M362.34 M406.06 M389.28 M447.67 M401.33 M
Earnings Before Interest Taxes and Depreciation Amortization USD381.62 M362.34 M406.06 M389.28 M447.67 M401.33 M
Earnings before Tax311.48 M299.14 M317.65 M287.06 M330.12 M307.38 M
Average Equity851.17 M1.05 B1.19 B1.22 B1.4 B1.15 B
Enterprise Value4.1 B3.95 B4.86 B4.44 B5.11 B4.5 B
Free Cash Flow312.27 M290.25 M289.88 M203.88 M234.47 M219.97 M
Invested Capital339.65 M325.1 M489.73 M828.4 M952.66 M1.03 B
Invested Capital Average450.28 M382.16 M540.46 M914.53 M1.05 B1.13 B
Market Capitalization4.18 B4.18 B4.93 B4.19 B4.82 B4.39 B
Tangible Asset Value822.17 M951.65 M949.64 M1.25 B1.43 B1.19 B
Working Capital340.98 M531.18 M425.19 M371.39 M427.1 M399.87 M

Maximus Institutional Holders

Institutional Holdings refers to the ownership stake in Maximus that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Maximus' 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 Maximus' value.
Security TypeSharesValue
Blackrock IncCommon Shares7.9 M692.5 M
Vanguard Group IncCommon Shares6.9 M609.9 M
Victory Capital Management IncCommon Shares3.6 M314.1 M
Alliancebernstein LpCommon Shares2.7 M240.9 M
State Street CorpCommon Shares2.5 M217.4 M
Mackenzie Financial CorpCommon Shares2.4 M207.9 M
Mondrian Investment Partners LtdCommon Shares1.5 M127.6 M

Maximus Fundamentals

About Maximus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Maximus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Maximus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Maximus 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.
Maximus, Inc. provides business process services to government health and human services programs worldwide. The company was founded in 1975 and is headquartered in Reston, Virginia. Maximus operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 34000 people.

Maximus Investors Sentiment

The influence of Maximus' 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 Maximus. 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.

Current Sentiment - MMS

Maximus Investor Sentiment

Greater number of Macroaxis users are now bullish on Maximus. What is your trading attitude regarding investing in Maximus? Are you bullish or bearish?
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Additionally, see Maximus Piotroski F Score and Maximus Valuation analysis. Note that the Maximus information on this page should be used as a complementary analysis to other Maximus' 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 Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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