Purecycle Z Score

PCTTU Stock

USD 7.90 0.10 1.25%

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 Purecycle Technologies Piotroski F Score and Purecycle Technologies Valuation analysis. For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide.

Purecycle Z Score Analysis

Purecycle Technologies' 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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

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 )

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.

Competition

Predict Purecycle Technologies

Based on the company's disclosures, Purecycle Technologies Holdings has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Pollution & Treatment Controls industry. The z score for all United States stocks is 100.0% higher than that of the company.

Purecycle Z Score Peer Comparison

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

Purecycle Technologies is currently under evaluation in z score category among related companies.

Purecycle Fundamentals

	Return On Equity	(0.19) %
	Return On Asset	(0.07) %
	Current Valuation	2.19 B
	Shares Owned by Institutions	0.16 %
	Number of Shares Shorted	1
	EBITDA	(76.9 M)
	Net Income	(84.75 M)
	Cash and Equivalents	349.83 M
	Cash per Share	2.14 X
	Total Debt	233.51 M
	Debt to Equity	0.45 %
	Current Ratio	12.85 X
	Book Value Per Share	3.12 X
	Cash Flow from Operations	(65.48 M)
	Earnings Per Share	(0.62) X
	Number of Employees	177
	Beta	0.97
	Total Asset	861.34 M
	Net Asset	861.34 M

About Purecycle Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Purecycle Technologies Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Purecycle Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Purecycle Technologies Holdings 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.

PureCycle Technologies, Inc. produces recycled polypropylene . The company was founded in 2015 and is headquartered in Orlando, Florida. PureCycle Technologies operates under Pollution Treatment Controls classification in the United States and is traded on NASDAQ Exchange. It employs 119 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Purecycle Technologies 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 Purecycle Technologies Piotroski F Score and Purecycle Technologies Valuation analysis. For more information on how to buy Purecycle Stock please use our How to Invest in Purecycle Technologies guide. You can also try Commodity Channel Index module to use Commodity Channel Index to analyze current equity momentum.

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When running Purecycle Technologies price analysis, check to measure Purecycle Technologies' 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 Purecycle Technologies is operating at the current time. Most of Purecycle Technologies' value examination focuses on studying past and present price action to predict the probability of Purecycle Technologies' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Purecycle Technologies' price. Additionally, you may evaluate how the addition of Purecycle Technologies to your portfolios can decrease your overall portfolio volatility.

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Is Purecycle Technologies' 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 Purecycle Technologies. If investors know Purecycle 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 Purecycle Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(0.62)

Return On Assets

(0.07)

Return On Equity

(0.19)

The market value of Purecycle Technologies is measured differently than its book value, which is the value of Purecycle that is recorded on the company's balance sheet. Investors also form their own opinion of Purecycle Technologies' value that differs from its market value or its book value, called intrinsic value, which is Purecycle Technologies' 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 Purecycle Technologies' market value can be influenced by many factors that don't directly affect Purecycle Technologies' 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 Purecycle Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Purecycle Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Purecycle Technologies' 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.

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Purecycle Z Score

Purecycle Z Score Analysis

Purecycle Z Score Peer Comparison

Purecycle Fundamentals

About Purecycle Technologies Fundamental Analysis

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