Tenet Fintech Group Stock Z Score
PKKFF Stock | USD 0.07 0 5.95% |
Tenet |
Tenet Fintech Group Company Z Score Analysis
Tenet Fintech'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..
Current Tenet Fintech Z Score | 91.2 |
Most of Tenet Fintech'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, Tenet Fintech Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Tenet Fintech Group has a Z Score of 91. This is much higher than that of the Software sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is notably lower than that of the firm.
Tenet Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tenet Fintech's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Tenet Fintech could also be used in its relative valuation, which is a method of valuing Tenet Fintech by comparing valuation metrics of similar companies.Tenet Fintech is currently under evaluation in z score category among related companies.
Tenet Fundamentals
Return On Equity | -0.54 | |||
Return On Asset | -0.0575 | |||
Profit Margin | (0.56) % | |||
Operating Margin | (0.12) % | |||
Current Valuation | 59.35 M | |||
Shares Outstanding | 99.54 M | |||
Shares Owned By Insiders | 7.53 % | |||
Number Of Shares Shorted | 335.85 K | |||
Price To Earning | (6.13) X | |||
Price To Book | 0.65 X | |||
Price To Sales | 0.50 X | |||
Revenue | 103.63 M | |||
Gross Profit | 8.69 M | |||
EBITDA | (47.31 M) | |||
Net Income | (49.76 M) | |||
Cash And Equivalents | 15.05 M | |||
Cash Per Share | 0.15 X | |||
Total Debt | 413.23 K | |||
Debt To Equity | 0.01 % | |||
Current Ratio | 4.97 X | |||
Book Value Per Share | 1.36 X | |||
Cash Flow From Operations | (40.89 M) | |||
Short Ratio | 0.90 X | |||
Earnings Per Share | (0.51) X | |||
Target Price | 2.55 | |||
Number Of Employees | 17 | |||
Beta | 1.96 | |||
Market Capitalization | 63.19 M | |||
Total Asset | 195.29 M | |||
Z Score | 91.2 | |||
Net Asset | 195.29 M |
About Tenet Fintech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tenet Fintech Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tenet Fintech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tenet Fintech Group 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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Tenet Fintech Group using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
Align your risk with return expectations
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Tenet Fintech Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census. Note that the Tenet Fintech Group information on this page should be used as a complementary analysis to other Tenet Fintech'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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Complementary Tools for Tenet Pink Sheet analysis
When running Tenet Fintech's price analysis, check to measure Tenet Fintech'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 Tenet Fintech is operating at the current time. Most of Tenet Fintech's value examination focuses on studying past and present price action to predict the probability of Tenet Fintech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tenet Fintech's price. Additionally, you may evaluate how the addition of Tenet Fintech to your portfolios can decrease your overall portfolio volatility.
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 | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments |