Nio Inc Z Score

NIO -  USA Stock  

USD 37.71  1.43  3.94%

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 Nio Inc Piotroski F Score and Nio Inc Valuation analysis.

Nio Inc Z Score 

 
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Nio Inc Market Capitalization is quite stable at the moment as compared to the past year. The company's current value of Market Capitalization is estimated at 82.03 Billion. Working Capital is expected to rise to about 34.8 B this year, although the value of Capital Expenditure will most likely fall to (1 B). Nio Inc Weighted Average Shares is quite stable at the moment as compared to the past year. The company's current value of Weighted Average Shares is estimated at 1.28 Billion. Weighted Average Shares Diluted is expected to rise to about 1.3 B this year, although the value of Consolidated Income will most likely fall to (5.7 B).

Nio Inc Z Score Analysis

Nio Inc'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..
 2018 2019 2020 2021 (projected)
Invested Capital Average6.04 B17.46 B12.92 B12.25 B
Invested Capital10.08 B14.5 B11.39 B10.45 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Nio Inc Z Score

    
  -23.11  
Most of Nio Inc'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, Nio Inc ADR 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 )

Nio Inc Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Nio Inc is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Nio Inc'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 Nio Inc'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 Nio Inc'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, Nio Inc ADR has a Z Score of -23.11. This is 815.48% lower than that of the Consumer Cyclical sector and notably lower than that of the Auto Manufacturers industry. The z score for all United States stocks is notably higher than that of the company.

Nio Inc Institutional Holders

Institutional Holdings refers to the ownership stake in Nio Inc that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nio Inc'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 Nio Inc's value.
Security TypeSharesValue
Private Advisor Group LlcCommon Shares235 K8.4 M
Meag Munich Ergo Kapitalanlagegesellschaft MbhCommon Shares156.8 K5.6 M
Envestnet Asset Management IncCommon Shares28.4 KM
Xr Securities LlcCall Options57.8 KM
Green Alpha Advisors LlcCommon Shares24.7 K879 K
Wedbush Securities Inc 1Common Shares15.1 K538 K
Xr Securities LlcPut Options47.2 K419 K
Adams Asset Advisors LlcCommon Shares8.7 K311 K
Veriti Management LlcCommon SharesK249 K

Nio Inc Fundamentals

About Nio Inc Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Nio Inc ADR's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nio Inc using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nio Inc ADR 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.
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China. Nio Inc operates under Auto Manufacturers classification in the United States and is traded on New York Stock Exchange. It employs 7763 people.

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Our tools can tell you how much better you can do entering a position in Nio Inc without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, see Nio Inc Piotroski F Score and Nio Inc Valuation analysis. Note that the Nio Inc ADR information on this page should be used as a complementary analysis to other Nio Inc'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 CEO Directory module to screen CEOs from public companies around the world.

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