Orthofix Medical Stock Z Score
| OFIX Stock | USD 13.07 0.08 0.62% |
Orthofix | Z Score |
Orthofix Medical Company Z Score Analysis
Orthofix Medical'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
Orthofix Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Orthofix Medical is extremely important. It helps to project a fair market value of Orthofix Stock properly, considering its historical fundamentals such as Z Score. Since Orthofix Medical'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 Orthofix Medical'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 Orthofix Medical'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, Orthofix Medical has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Equipment & Supplies sector and 100.0% lower than that of the Health Care industry. The z score for all United States stocks is 100.0% higher than that of the company.
Orthofix Medical Current Valuation Drivers
We derive many important indicators used in calculating different scores of Orthofix Medical from analyzing Orthofix Medical's financial statements. These drivers represent accounts that assess Orthofix Medical's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Orthofix Medical's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 873.0M | 828.1M | 612.2M | 411.7M | 495.1M | 426.2M | |
| Enterprise Value | 824.2M | 756.8M | 546.8M | 380.9M | 591.6M | 441.2M |
Orthofix Medical Institutional Holders
Institutional Holdings refers to the ownership stake in Orthofix Medical that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Orthofix Medical'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 Orthofix Medical's value.| Shares | Millennium Management Llc | 2023-12-31 | 508.1 K | Glenview Capital Management Llc | 2023-12-31 | 500 K | Awm Investment Company Inc | 2023-12-31 | 474.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 461.9 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 458.1 K | Emerald Mutual Fund Advisers Trust | 2023-12-31 | 394.7 K | Tejara Capital Ltd | 2023-12-31 | 394.1 K | Northern Trust Corp | 2023-12-31 | 355.1 K | Renaissance Technologies Corp | 2023-12-31 | 339.3 K | Rubric Capital Management Lp | 2023-12-31 | 3.7 M | Armistice Capital, Llc | 2023-12-31 | 3.6 M |
Orthofix Fundamentals
| Return On Equity | -0.32 | ||||
| Return On Asset | -0.063 | ||||
| Profit Margin | (0.20) % | ||||
| Operating Margin | (0.02) % | ||||
| Current Valuation | 587 M | ||||
| Shares Outstanding | 37.41 M | ||||
| Shares Owned By Insiders | 3.52 % | ||||
| Shares Owned By Institutions | 96.25 % | ||||
| Number Of Shares Shorted | 3.78 M | ||||
| Price To Earning | 338.00 X | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 0.67 X | ||||
| Revenue | 746.64 M | ||||
| Gross Profit | 337.17 M | ||||
| EBITDA | (88.7 M) | ||||
| Net Income | (151.4 M) | ||||
| Cash And Equivalents | 59.54 M | ||||
| Cash Per Share | 2.98 X | ||||
| Total Debt | 134.2 M | ||||
| Debt To Equity | 0.08 % | ||||
| Current Ratio | 3.15 X | ||||
| Book Value Per Share | 16.11 X | ||||
| Cash Flow From Operations | (45.75 M) | ||||
| Short Ratio | 13.32 X | ||||
| Earnings Per Share | (4.12) X | ||||
| Price To Earnings To Growth | 0.33 X | ||||
| Target Price | 18.47 | ||||
| Number Of Employees | 1.63 K | ||||
| Beta | 1.05 | ||||
| Market Capitalization | 485.91 M | ||||
| Total Asset | 925.32 M | ||||
| Retained Earnings | (150.14 M) | ||||
| Working Capital | 255.22 M | ||||
| Current Asset | 147.87 M | ||||
| Current Liabilities | 52.94 M | ||||
| Net Asset | 925.32 M |
About Orthofix Medical Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Orthofix Medical's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Orthofix Medical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Orthofix Medical 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.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Orthofix Medical Piotroski F Score and Orthofix Medical Valuation analysis. For more information on how to buy Orthofix Stock please use our How to Invest in Orthofix Medical guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Orthofix Stock analysis
When running Orthofix Medical's price analysis, check to measure Orthofix Medical'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 Orthofix Medical is operating at the current time. Most of Orthofix Medical's value examination focuses on studying past and present price action to predict the probability of Orthofix Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orthofix Medical's price. Additionally, you may evaluate how the addition of Orthofix Medical to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes |
Is Orthofix Medical'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 Orthofix Medical. If investors know Orthofix 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 Orthofix Medical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (4.12) | Revenue Per Share 20.328 | Quarterly Revenue Growth 0.64 | Return On Assets (0.06) | Return On Equity (0.32) |
The market value of Orthofix Medical is measured differently than its book value, which is the value of Orthofix that is recorded on the company's balance sheet. Investors also form their own opinion of Orthofix Medical's value that differs from its market value or its book value, called intrinsic value, which is Orthofix Medical'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 Orthofix Medical's market value can be influenced by many factors that don't directly affect Orthofix Medical'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 Orthofix Medical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Orthofix Medical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Orthofix Medical'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.