Odp Corp Stock Z Score
| ODP Stock | USD 46.94 0.37 0.79% |
ODP | Z Score |
ODP Z Score Analysis
ODP Corp'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..
More About Z Score | All Equity Analysis
| 2017 | 2021 | 2022 (projected) | Long Term Debt to Equity | 0.44 | 0.13 | 0.15 | Interest Coverage | 8.53 | 22.09 | 19.88 |
Z Score | = | Sum Of | | 5 Factors |
Current ODP Corp Z Score | 3.45 |
Most of ODP Corp'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, ODP Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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ODP Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for ODP Corp is extremely important. It helps to project a fair market value of ODP Stock properly, considering its historical fundamentals such as Z Score. Since ODP Corp'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 ODP Corp'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 ODP Corp's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
| Competition |
Based on the company's disclosures, ODP Corp has a Z Score of 3.45. This is 6.81% higher than that of the Specialty Retail sector and 62.17% lower than that of the Consumer Discretionary industry. The z score for all United States stocks is 60.44% higher than that of the company.
ODP Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ODP Corp's 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 ODP Corp could also be used in its relative valuation, which is a method of valuing ODP Corp by comparing valuation metrics of similar companies.ODP Corp is currently under evaluation in z score category among related companies.
ODP Corp Institutional Holders
Institutional Holdings refers to the ownership stake in ODP Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ODP Corp'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 ODP Corp's value.| Shares | Geode Capital Management, Llc | 2023-09-30 | 721.7 K | Northern Trust Corp | 2023-09-30 | 576.3 K | Arex Capital Management, Lp | 2023-09-30 | 567.3 K | Taconic Capital Advisors L.p. | 2023-09-30 | 553.4 K | American Century Companies Inc | 2023-09-30 | 524.6 K | Millennium Management Llc | 2023-09-30 | 519.6 K | Amvescap Plc. | 2023-09-30 | 487.2 K | Nuveen Asset Management, Llc | 2023-09-30 | 457.2 K | Jpmorgan Chase & Co | 2023-09-30 | 455 K | Blackrock Inc | 2023-09-30 | 5.7 M | Vanguard Group Inc | 2023-09-30 | 4 M |
ODP Fundamentals
| Return On Equity | 0.16 | ||||
| Return On Asset | 0.0406 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.05 % | ||||
| Current Valuation | 2.31 B | ||||
| Shares Outstanding | 37.38 M | ||||
| Shares Owned By Insiders | 3.22 % | ||||
| Shares Owned By Institutions | 96.36 % | ||||
| Number Of Shares Shorted | 6.39 M | ||||
| Price To Earning | 12.47 X | ||||
| Price To Book | 1.52 X | ||||
| Price To Sales | 0.22 X | ||||
| Revenue | 8.49 B | ||||
| Gross Profit | 1.85 B | ||||
| EBITDA | 442 M | ||||
| Net Income | 178 M | ||||
| Cash And Equivalents | 417 M | ||||
| Cash Per Share | 8.57 X | ||||
| Total Debt | 881 M | ||||
| Debt To Equity | 0.61 % | ||||
| Current Ratio | 1.06 X | ||||
| Book Value Per Share | 30.70 X | ||||
| Cash Flow From Operations | 237 M | ||||
| Short Ratio | 23.00 X | ||||
| Earnings Per Share | 5.15 X | ||||
| Price To Earnings To Growth | 0.64 X | ||||
| Target Price | 68.0 | ||||
| Number Of Employees | 25 K | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 1.75 B | ||||
| Total Asset | 4.15 B | ||||
| Retained Earnings | (451 M) | ||||
| Working Capital | 51 M | ||||
| Current Asset | 4.06 B | ||||
| Current Liabilities | 2.74 B | ||||
| Z Score | 3.45 | ||||
| Annual Yield | 0.05 % | ||||
| Net Asset | 4.15 B |
About ODP Corp Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ODP Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ODP Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ODP Corp 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.The ODP Corporation provides business services and supplies, products, and digital workplace technology solutions for small, medium, and enterprise businesses. The ODP Corporation was incorporated in 1986 and is headquartered in Boca Raton, Florida. Office Depot operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 26000 people.
ODP Corp Investors Sentiment
The influence of ODP Corp'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 ODP. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to ODP Corp's public news can be used to forecast risks associated with an investment in ODP. The trend in average sentiment can be used to explain how an investor holding ODP can time the market purely based on public headlines and social activities around ODP Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
ODP Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for ODP Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average ODP Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on ODP Corp.
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 ODP Corp 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, ODP Corp's short interest history, or implied volatility extrapolated from ODP Corp options trading.
Becoming a Better Investor with Macroaxis
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Check out ODP Corp Piotroski F Score and ODP Corp Valuation analysis. To learn how to invest in ODP Stock, please use our How to Invest in ODP Corp guide.Note that the ODP Corp information on this page should be used as a complementary analysis to other ODP Corp'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 the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Complementary Tools for ODP Stock analysis
When running ODP Corp's price analysis, check to measure ODP Corp'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 ODP Corp is operating at the current time. Most of ODP Corp's value examination focuses on studying past and present price action to predict the probability of ODP Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ODP Corp's price. Additionally, you may evaluate how the addition of ODP Corp to your portfolios can decrease your overall portfolio volatility.
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Is ODP Corp'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 ODP Corp. If investors know ODP 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 ODP Corp 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 0.316 | Earnings Share 5.15 | Revenue Per Share 200.765 | Quarterly Revenue Growth (0.07) | Return On Assets 0.0406 |
The market value of ODP Corp is measured differently than its book value, which is the value of ODP that is recorded on the company's balance sheet. Investors also form their own opinion of ODP Corp's value that differs from its market value or its book value, called intrinsic value, which is ODP Corp'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 ODP Corp's market value can be influenced by many factors that don't directly affect ODP Corp'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 ODP Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if ODP Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ODP Corp'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.