Altria Z Score

MO -  USA Stock  

USD 51.09  2.11  3.97%

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 Altria Piotroski F Score and Altria Valuation analysis.
  
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Altria Return on Invested Capital is quite stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.12. Invested Capital is expected to rise to about 37.2 B this year, although the value of Capital Expenditure will most likely fall to (182.3 M). Altria Net Income is quite stable at the moment as compared to the past year. The company's current value of Net Income is estimated at 3.58 Billion. Net Income Common Stock is expected to rise to about 3.6 B this year, although the value of Gross Profit will most likely fall to about 14 B.

Altria Z Score Analysis

Altria'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..
 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
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

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.
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 )

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.
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, 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.
201720182019202020212022 (projected)
Net Income Per Employee1.23 M838.92 K(177.12 K)627.44 K564.69 K568.42 K
Revenue Per Employee3.08 M3.06 M3.44 M3.67 M3.31 M2.97 M
Average Assets44.32 B46.62 B54.73 B49.22 B43.06 B46.3 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA10.74 B10.23 B2.28 B8.37 B5.23 B6.6 B
Earnings Before Interest Taxes and Depreciation Amortization USD10.74 B10.23 B2.28 B8.37 B5.23 B6.6 B
Earnings before Tax9.82 B9.34 B771 M6.9 B3.82 B5.36 B
Average Equity13.06 B15.37 B11.33 B4.55 B824.25 M845.94 M
Enterprise Value147.57 B104.32 B119.54 B101.33 B112.22 B122.07 B
Free Cash Flow4.7 B8.15 B7.59 B8.15 B8.24 B7.6 B
Invested Capital31.34 B41.2 B49.16 B45.09 B36.96 B37.24 B
Invested Capital Average30.99 B33.07 B54.91 B46.48 B42.04 B39.87 B
Market Capitalization136.26 B92.81 B93.24 B76.2 B87.05 B100.05 B
Tangible Asset Value25.5 B37.98 B31.41 B29.62 B22.04 B25.37 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 high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Altria's value.
Security TypeSharesValue
Vanguard Group IncCommon Shares157.3 M8.2 B
Blackrock IncCommon Shares119.8 M6.3 B
Capital World InvestorsCommon Shares112.1 M5.9 B
State Street CorpCommon Shares70.5 M3.7 B
Fmr LlcCommon Shares51.7 M2.7 B
Charles Schwab Investment Management IncCommon Shares36.3 M1.9 B
Geode Capital Management LlcCommon Shares33.1 M1.7 B

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.

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 decision-making process regarding taking a position in Altria. 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.

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.

Current Sentiment - MO

Altria Group Investor Sentiment

Nearly all of Macroaxis users are now bullish on Altria Group. What is your sentiment towards investing in Altria Group? Are you bullish or bearish?
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Bearish
98% Bullish
2% Bearish
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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.

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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.
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.