Par Technology Z Score

PAR
 Stock
  

USD 37.49  0.12  0.32%   

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. Please check Par Technology Piotroski F Score and Par Technology Valuation analysis.
  
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Par Technology Invested Capital is relatively stable at the moment as compared to the past year. Par Technology reported last year Invested Capital of 127.95 Million. As of 06/30/2022, Market Capitalization is likely to grow to about 623.4 M, while Capital Expenditure is likely to drop (6.3 M). Par Technology Direct Expenses is relatively stable at the moment as compared to the past year. Par Technology reported last year Direct Expenses of 220.75 Million. As of 06/30/2022, Cost of Revenue is likely to grow to about 144.9 M, while Earning Before Interest and Taxes EBIT is likely to drop (13.5 M).

Par Technology Z Score Analysis

Par Technology'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..
 2021 2022 (projected)
Long Term Debt to Equity0.610.66
Interest Coverage19.3717.02
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Par Technology Z Score

    
  3.8  
Most of Par Technology'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, Par Technology Corp 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 )

Par Technology Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Par Technology is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Par Technology'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 Par Technology'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 Par Technology'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, Par Technology Corp has a Z Score of 3.8. This is 71.75% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The z score for all United States stocks is 56.42% higher than that of the company.

Par Technology Current Valuation Drivers

We derive many important indicators used in calculating different scores of Par Technology from analyzing Par Technology's financial statements. These drivers represent accounts that assess Par Technology's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Par Technology's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(2.98 K)(24.12 K)(15.57 K)(34.63 K)(49.19 K)(50.48 K)
Revenue Per Employee204.58 K201.25 K187.23 K202.47 K183.57 K177.57 K
Average Assets121.8 M119.53 M111.71 M150.58 M135.52 M125.03 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA2.77 M(7.43 M)(11.91 M)(28.1 M)(62.95 M)(64.61 M)
Earnings Before Interest Taxes and Depreciation Amortization USD7.43 M4.76 M(4.86 M)(7.38 M)(6.64 M)(6.82 M)
Earnings before Tax2.93 M611 K(9.98 M)(19.2 M)(17.28 M)(17.74 M)
Average Equity68.66 M71.94 M59.09 M55.67 M50.1 M56.58 M
Enterprise Value90.55 M150.37 M354.12 M518.69 M596.5 M643.59 M
Free Cash Flow4.88 M(8.54 M)(11.69 M)(22.66 M)(20.39 M)(20.93 M)
Invested Capital47.16 M50.31 M36.19 M111.26 M127.95 M138.05 M
Invested Capital Average52.49 M54.83 M44.99 M94.26 M108.4 M89.04 M
Market Capitalization88.04 M149.67 M352.73 M502.46 M577.83 M623.44 M
Tangible Asset Value102.49 M91.5 M72.77 M115.28 M103.75 M96.28 M
Working Capital35.18 M26.71 M14.78 M51.46 M46.31 M39.49 M

Par Technology Fundamentals

About Par Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Par Technology Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Par Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Par Technology 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.
PAR Technology Corporation, together with its subsidiaries, provides technology solutions to the restaurant and retail industries worldwide. The company was founded in 1968 and is headquartered in New Hartford, New York. Par Technology operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 1477 people.

Par Technology Investors Sentiment

The influence of Par Technology'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 Par Technology. 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.

Par Technology Implied Volatility

    
  80.53  
Par Technology's implied volatility exposes the market's sentiment of Par Technology Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Par Technology'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 Par Technology stock will not fluctuate a lot when Par Technology'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 Par Technology 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, Par Technology's short interest history, or implied volatility extrapolated from Par Technology options trading.

Current Sentiment - PAR

Par Technology Corp Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Par Technology Corp. What is your perspective on investing in Par Technology Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Please check Par Technology Piotroski F Score and Par Technology Valuation analysis. Note that the Par Technology Corp information on this page should be used as a complementary analysis to other Par Technology'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 Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Par Technology Corp price analysis, check to measure Par Technology'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 Par Technology is operating at the current time. Most of Par Technology's value examination focuses on studying past and present price action to predict the probability of Par Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Par Technology's price. Additionally, you may evaluate how the addition of Par Technology to your portfolios can decrease your overall portfolio volatility.
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Is Par Technology'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 Par Technology. If investors know Par Technology 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 Par Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
B
Quarterly Revenue Growth YOY
0.47
Return On Assets
-0.0537
Return On Equity
-0.28
The market value of Par Technology Corp is measured differently than its book value, which is the value of Par Technology that is recorded on the company's balance sheet. Investors also form their own opinion of Par Technology's value that differs from its market value or its book value, called intrinsic value, which is Par Technology'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 Par Technology's market value can be influenced by many factors that don't directly affect Par Technology'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 Par Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine Par Technology value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Par Technology'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.