Altria Z Score
MO   USA Stock  USD 51.09 2.11 3.97% 
Altria  Z Score 
Altria Z Score Analysis
Altria's ZScore is a simple linear, multifactor 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..2019  2020  2021  2022 (projected)  
Average Equity  11.33 B  4.55 B  824.25 M  845.94 M 
Earnings before Tax  771 M  6.9 B  3.82 B  5.36 B 
Z Score  =  Sum Of   5 Factors 
Current Altria Z Score  3.2 
Most of Altria'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, Altria Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Altria Z Score 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 Z Score. 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.
Click cells to compare fundamentals
To calculate ZScore 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. ZScore 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 ZScores 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 socalled '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, Altria Group has a Z Score of 3.2. This is 64.68% lower than that of the Consumer Defensive sector and about the same as Tobacco (which currently averages 3.22) industry. The z score for all United States stocks is 63.3% higher than that of the company.
Altria Current Valuation Drivers
We derive many important indicators used in calculating different scores of Altria from analyzing Altria's financial statements. These drivers represent accounts that assess Altria's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Altria's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  1.23 M  838.92 K  (177.12 K)  627.44 K  564.69 K  568.42 K  
Revenue Per Employee  3.08 M  3.06 M  3.44 M  3.67 M  3.31 M  2.97 M  
Average Assets  44.32 B  46.62 B  54.73 B  49.22 B  43.06 B  46.3 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  10.74 B  10.23 B  2.28 B  8.37 B  5.23 B  6.6 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  10.74 B  10.23 B  2.28 B  8.37 B  5.23 B  6.6 B  
Earnings before Tax  9.82 B  9.34 B  771 M  6.9 B  3.82 B  5.36 B  
Average Equity  13.06 B  15.37 B  11.33 B  4.55 B  824.25 M  845.94 M  
Enterprise Value  147.57 B  104.32 B  119.54 B  101.33 B  112.22 B  122.07 B  
Free Cash Flow  4.7 B  8.15 B  7.59 B  8.15 B  8.24 B  7.6 B  
Invested Capital  31.34 B  41.2 B  49.16 B  45.09 B  36.96 B  37.24 B  
Invested Capital Average  30.99 B  33.07 B  54.91 B  46.48 B  42.04 B  39.87 B  
Market Capitalization  136.26 B  92.81 B  93.24 B  76.2 B  87.05 B  100.05 B  
Tangible Asset Value  25.5 B  37.98 B  31.41 B  29.62 B  22.04 B  25.37 B  
Working Capital  (2.45 B)  (16.89 B)  (3.35 B)  (1.95 B)  (2.5 B)  (2.69 B) 
Altria Institutional Holders
Institutional Holdings refers to the ownership stake in Altria that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Altria's 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 highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Altria's value.Security Type  Shares  Value  
Vanguard Group Inc  Common Shares  157.3 M  8.2 B  
Blackrock Inc  Common Shares  119.8 M  6.3 B  
Capital World Investors  Common Shares  112.1 M  5.9 B  
State Street Corp  Common Shares  70.5 M  3.7 B  
Fmr Llc  Common Shares  51.7 M  2.7 B  
Charles Schwab Investment Management Inc  Common Shares  36.3 M  1.9 B  
Geode Capital Management Llc  Common Shares  33.1 M  1.7 B 
Altria Fundamentals
Return On Equity  472.63 %  
Return On Asset  17.05 %  
Profit Margin  14.30 %  
Operating Margin  58.78 %  
Current Valuation  123.18 B  
Shares Outstanding  1.84 B  
Shares Owned by Insiders  0.07 %  
Shares Owned by Institutions  60.03 %  
Number of Shares Shorted  19.32 M  
Price to Earning  34.20 X  
Price to Book  29.78 X  
Price to Sales  4.46 X  
Revenue  21.05 B  
Gross Profit  13.94 B  
EBITDA  12.37 B  
Net Income  3 B  
Cash and Equivalents  5.35 B  
Cash per Share  2.96 X  
Total Debt  27.92 B  
Debt to Equity  8.56 %  
Current Ratio  0.62 X  
Book Value Per Share  (0.69) X  
Cash Flow from Operations  8.44 B  
Short Ratio  2.44 X  
Earnings Per Share  1.49 X  
Price to Earnings To Growth  1.95 X  
Number of Employees  6 K  
Beta  0.61  
Market Capitalization  93.85 B  
Total Asset  32.46 B  
Retained Earnings  36.72 B  
Working Capital  (992 M)  
Current Asset  6.09 B  
Current Liabilities  7.08 B  
Z Score  3.2  
Five Year Return  6.32 %  
Last Dividend Paid  3.6 
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.
Altria Investors Sentiment
The influence of Altria's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Altria. The overall investor sentiment generally increases the direction of a stock movement in a oneyear 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.Altria Implied Volatility  28.12 
Altria's implied volatility exposes the market's sentiment of Altria Group stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Altria's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Altria stock will not fluctuate a lot when Altria's options are near their expiration.
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 Altria 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, Altria's short interest history, or implied volatility extrapolated from Altria options trading.
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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Altria Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Additionally, see Altria Piotroski F Score and Altria Valuation 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for Altria Stock analysis
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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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.