Altria Probability Of Bankruptcy

MO
 Stock
  

USD 45.35  0.26  0.57%   

Altria Group Probability Of Bankruptcy is used to show its chance of financial distress over the next two years of operations under current economic and market conditions. Altria Group Probability Of Bankruptcy is determined by interpolating and adjusting Altria Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Altria balance sheet as well as cash flow and income statements available from the company's most recent filings. Additionally, see Altria Piotroski F Score and Altria Altman Z Score analysis.
  
Altria Enterprise Value is quite stable at the moment as compared to the past year. The company's current Enterprise Value is estimated at 122.07 Billion. Invested Capital is expected to rise to about 37.2 B this year, although the value of Revenue Per Employee will most likely fall to about 3.6 M.

Altria Probability Of Bankruptcy Analysis

Altria's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
 2019 2020 2021 2022 (projected)
Average Equity11.33 B4.55 B824.25 M845.94 M
Earnings before Tax771 M6.9 B3.82 B5.36 B
Probability Of Bankruptcy 
 = 
Normalized 
 
Z-Score 
More About Probability Of Bankruptcy | All Equity Analysis

Current Altria Probability Of Bankruptcy

    
  33%  
Most of Altria's fundamental indicators, such as Probability Of Bankruptcy, 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, Altria Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Altria probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Altria odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Altria Group financial health.
Is Altria'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 Altria. If investors know Altria 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 Altria 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 YOY
-0.58
Market Capitalization
81.8 B
Quarterly Revenue Growth YOY
-0.035
Return On Assets
0.19
Return On Equity
0.39
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria'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 Altria's market value can be influenced by many factors that don't directly affect Altria'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 Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine Altria value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.

Altria Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for Altria is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Altria'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 Altria'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 Altria's interrelated accounts and indicators.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Compare to competition

Based on the latest financial disclosure, Altria Group has a Probability Of Bankruptcy of 33.0%. This is 8.79% lower than that of the Consumer Defensive sector and 28.4% lower than that of the Tobacco industry. The probability of bankruptcy for all United States stocks is 17.15% higher than that of the company.

Altria Probability Of Bankruptcy Peer Comparison

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

Altria Main Bankruptcy Drivers

201720182019202020212022 (projected)
Return on Average Assets0.160.40.23(0.024)0.0570.0879
Asset Turnover0.710.580.540.460.530.6
Gross Margin0.470.480.510.50.540.55
Total Debt13.89 B25.75 B28.04 B29.47 B28.04 B25.74 B
Total Liabilities27.78 B40.63 B42.91 B44.45 B41.13 B41.96 B
Current Liabilities6.79 B21.19 B8.17 B9.06 B8.58 B9.71 B
Total Assets43.2 B55.46 B49.27 B47.41 B39.52 B44.68 B
Current Assets4.34 B4.3 B4.82 B7.12 B6.08 B5.71 B
Net Cash Flow from Operations4.9 B8.39 B7.84 B8.38 B8.4 B7.8 B
Weighted Average Shares1.91 B1.88 B1.87 B1.86 B1.84 B1.78 B
Weighted Average Shares Diluted1.92 B1.89 B1.87 B1.86 B1.84 B2.1 B

Altria ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Altria's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Altria's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Altria Fundamentals

About Altria Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Altria Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Altria using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Altria Group 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.
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. Altria Group, Inc. was founded in 1822 and is headquartered in Richmond, Virginia. Altria operates under Tobacco classification in the United States and is traded on New York Stock Exchange. It employs 6000 people.

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Additionally, see Altria Piotroski F Score and Altria Altman Z Score analysis. Note that the Altria Group information on this page should be used as a complementary analysis to other Altria'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 Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Altria Group price analysis, check to measure Altria'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 Altria is operating at the current time. Most of Altria's value examination focuses on studying past and present price action to predict the probability of Altria's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Altria's price. Additionally, you may evaluate how the addition of Altria to your portfolios can decrease your overall portfolio volatility.
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Is Altria'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 Altria. If investors know Altria 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 Altria 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 YOY
-0.58
Market Capitalization
81.8 B
Quarterly Revenue Growth YOY
-0.035
Return On Assets
0.19
Return On Equity
0.39
The market value of Altria Group is measured differently than its book value, which is the value of Altria that is recorded on the company's balance sheet. Investors also form their own opinion of Altria's value that differs from its market value or its book value, called intrinsic value, which is Altria'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 Altria's market value can be influenced by many factors that don't directly affect Altria'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 Altria's value and its price as these two are different measures arrived at by different means. Investors typically determine Altria value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Altria'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.