PAR Z Score

PAR Stock

USD 34.34 0.00 0.00%

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. Check out PAR Technology Piotroski F Score and PAR Technology Valuation analysis. To learn how to invest in PAR Stock, please use our How to Invest in PAR Technology guide.

PAR Technology Invested Capital is relatively stable at the moment as compared to the past year. PAR Technology reported last year Invested Capital of 505.01 Million. As of 05/31/2023, Invested Capital Average is likely to grow to about 525.1 M, while Capital Expenditure is likely to drop (8.2 M). PAR Technology Interest Expense is relatively stable at the moment as compared to the past year. PAR Technology reported last year Interest Expense of 8.81 Million. As of 05/31/2023, Operating Expenses is likely to grow to about 159 M, while Consolidated Income is likely to drop (71.1 M).

PAR 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..

	2022	2023 (projected)
Long Term Debt to Equity	1.04	1.12
Interest Coverage	19.37	17.02

Long Term Debt to Equity Interest Coverage

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current PAR Technology Z Score

1.53

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 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 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 PAR 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.

	Accounts Payable	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Deferred Revenue	Deposit Liabilities	Investments Current	Total Liabilities	Current Liabilities	Tax Assets	Tax Liabilities
Accounts Payable		0.62	0.4	0.18	0.61	-0.17	0.34	-0.15	0.03	0.63	0.84	-0.15	0.25
Total Assets	0.62		0.86	0.68	0.99	-0.07	0.6	-0.48	0.59	0.99	0.82	-0.62	-0.32
Current Assets	0.4	0.86		0.95	0.81	-0.04	0.51	-0.31	0.58	0.8	0.62	-0.59	-0.28
Cash and Equivalents	0.18	0.68	0.95		0.61	-0.04	0.47	-0.15	0.54	0.6	0.37	-0.51	-0.25
Total Debt	0.61	0.99	0.81	0.61		-0.06	0.55	-0.53	0.62	1.0	0.82	-0.65	-0.34
Debt Current	-0.17	-0.07	-0.04	-0.04	-0.06		-0.12	-0.08	0.22	-0.06	0.08	-0.35	-0.05
Deferred Revenue	0.34	0.6	0.51	0.47	0.55	-0.12		-0.21	0.42	0.55	0.45	-0.36	-0.37
Deposit Liabilities	-0.15	-0.48	-0.31	-0.15	-0.53	-0.08	-0.21		-0.39	-0.53	-0.3	0.31	0.83
Investments Current	0.03	0.59	0.58	0.54	0.62	0.22	0.42	-0.39		0.6	0.23	-0.95	-0.55
Total Liabilities	0.63	0.99	0.8	0.6	1.0	-0.06	0.55	-0.53	0.6		0.83	-0.64	-0.33
Current Liabilities	0.84	0.82	0.62	0.37	0.82	0.08	0.45	-0.3	0.23	0.83		-0.39	0.05
Tax Assets	-0.15	-0.62	-0.59	-0.51	-0.65	-0.35	-0.36	0.31	-0.95	-0.64	-0.39		0.37
Tax Liabilities	0.25	-0.32	-0.28	-0.25	-0.34	-0.05	-0.37	0.83	-0.55	-0.33	0.05	0.37

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

Predict PAR Technology

Based on the company's disclosures, PAR Technology has a Z Score of 1.53. This is 88.62% lower than that of the Electronic Equipment, Instruments & Components sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 82.45% higher than that of the company.

PAR Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PAR Technology'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 PAR Technology could also be used in its relative valuation, which is a method of valuing PAR Technology by comparing valuation metrics of similar companies.

PAR Technology is currently under evaluation in z score category among related companies.

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.

	2018	2019	2020	2021	2022	2023 (projected)
Net Income Per Employee	(24.12 K)	(15.57 K)	(34.63 K)	(49.19 K)	(39.5 K)	(40.54 K)
Revenue Per Employee	201.25 K	187.23 K	202.47 K	183.57 K	202.73 K	187.99 K
Average Assets	111.71 M	150.58 M	254.35 M	732.72 M	862.6 M	930.7 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	(4.86 M)	(9.91 M)	(21.16 M)	(45.66 M)	(33.16 M)	(34.03 M)
Earnings Before Interest Taxes and Depreciation Amortization USD	(4.86 M)	(9.91 M)	(21.16 M)	(45.66 M)	(33.16 M)	(34.03 M)
Earnings before Tax	(9.98 M)	(19.2 M)	(39.55 M)	(85.22 M)	(68.07 M)	(69.86 M)
Average Equity	59.09 M	55.67 M	100.02 M	410.86 M	391.31 M	422.21 M
Enterprise Value	354.12 M	518.69 M	1.41 B	1.52 B	1.01 B	818.11 M
Free Cash Flow	(11.69 M)	(22.66 M)	(29.47 M)	(61.44 M)	(50.69 M)	(52.03 M)
Invested Capital	36.19 M	111.26 M	157.94 M	374.4 M	505.01 M	544.88 M
Invested Capital Average	44.99 M	94.26 M	158.67 M	312.38 M	486.72 M	525.15 M
Market Capitalization	352.73 M	502.46 M	1.36 B	1.42 B	711.44 M	634.41 M
Tangible Asset Value	72.77 M	115.28 M	269.41 M	312.08 M	257 M	221.12 M
Working Capital	14.78 M	51.46 M	208.97 M	222.49 M	156.12 M	127.13 M

PAR Fundamentals

	Return On Equity	(0.18) %
	Return On Asset	(0.0494) %
	Profit Margin	(0.19) %
	Operating Margin	(0.18) %
	Current Valuation	909.53 M
	Shares Outstanding	27.41 M
	Shares Owned by Insiders	5.23 %
	Shares Owned by Institutions	94.77 %
	Number of Shares Shorted	4.74 M
	Price to Earning	58.30 X
	Price to Book	1.68 X
	Price to Sales	1.82 X
	Revenue	355.8 M
	Gross Profit	89.29 M
	EBITDA	(61.79 M)
	Net Income	(69.32 M)
	Cash and Equivalents	77.53 M
	Cash per Share	4.75 X
	Total Debt	389.19 M
	Debt to Equity	1.02 %
	Current Ratio	3.55 X
	Book Value Per Share	13.13 X
	Cash Flow from Operations	(43.07 M)
	Short Ratio	23.31 X
	Earnings Per Share	(2.61) X
	Target Price	40.2
	Number of Employees	1.72 K
	Beta	1.92
	Market Capitalization	956.2 M
	Total Asset	854.86 M
	Retained Earnings	(205.2 M)
	Working Capital	156.12 M
	Current Asset	69.6 M
	Current Liabilities	38.74 M
	Z Score	1.53
	Annual Yield	0.0239 %
	Net Asset	854.86 M

About PAR Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze PAR Technology'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 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.

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Our tools can tell you how much better you can do entering a position in PAR Technology without increasing your portfolio risk or giving up the 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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Check out PAR Technology Piotroski F Score and PAR Technology Valuation analysis. To learn how to invest in PAR Stock, please use our How to Invest in PAR Technology guide. Note that the PAR Technology 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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

Complementary Tools for PAR Stock analysis

When running PAR Technology's 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 the 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 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.

Earnings Share

(2.61)

Revenue Per Share

13.798

Quarterly Revenue Growth

0.251

Return On Assets

(0.0494)

Return On Equity

(0.18)

The market value of PAR Technology is measured differently than its book value, which is the value of PAR 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 if PAR Technology is a good investment 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. Check out PAR Technology Piotroski F Score and PAR Technology Valuation analysis. To learn how to invest in PAR Stock, please use our How to Invest in PAR Technology guide.

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PAR Z Score

PAR Z Score Analysis

Current PAR Technology Z Score

PAR Z Score Driver Correlations

PAR Z Score Peer Comparison

PAR Technology Current Valuation Drivers

PAR Fundamentals

About PAR Technology Fundamental Analysis

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