Photronics Inc Stock Probability Of Bankruptcy
| PQ2 Stock | EUR 25.99 0.05 0.19% |
PHOTRONICS |
PHOTRONICS INC Company probability of financial unrest Analysis
PHOTRONICS INC's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current PHOTRONICS INC Probability Of Bankruptcy | Less than 9% |
Most of PHOTRONICS INC's fundamental indicators, such as Probability Of Bankruptcy, 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, PHOTRONICS INC is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of PHOTRONICS INC probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting PHOTRONICS INC odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of PHOTRONICS INC financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, PHOTRONICS INC has a Probability Of Bankruptcy of 9.0%. This is much higher than that of the Other sector and significantly higher than that of the Other industry. The probability of bankruptcy for all Germany stocks is notably lower than that of the firm.
PHOTRONICS Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PHOTRONICS INC's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PHOTRONICS INC could also be used in its relative valuation, which is a method of valuing PHOTRONICS INC by comparing valuation metrics of similar companies.PHOTRONICS INC is currently under evaluation in probability of bankruptcy category among related companies.
PHOTRONICS Fundamentals
| Current Valuation | 815.64 M | |||
| Price To Book | 1.34 X | |||
| Price To Sales | 1.42 X | |||
| Revenue | 824.55 M | |||
| EBITDA | 321.22 M | |||
| Net Income | 118.79 M | |||
| Total Debt | 7.74 M | |||
| Cash Flow From Operations | 275.19 M | |||
| Market Capitalization | 923.21 M | |||
| Total Asset | 1.32 B | |||
| Z Score | 71.4 | |||
| Net Asset | 1.32 B |
About PHOTRONICS INC Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PHOTRONICS INC's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PHOTRONICS INC using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PHOTRONICS INC 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.
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 PHOTRONICS INC 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, PHOTRONICS INC's short interest history, or implied volatility extrapolated from PHOTRONICS INC options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PHOTRONICS INC 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 PHOTRONICS INC. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. Note that the PHOTRONICS INC information on this page should be used as a complementary analysis to other PHOTRONICS INC'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 Bonds Directory module to find actively traded corporate debentures issued by US companies.
Complementary Tools for PHOTRONICS Stock analysis
When running PHOTRONICS INC's price analysis, check to measure PHOTRONICS INC'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 PHOTRONICS INC is operating at the current time. Most of PHOTRONICS INC's value examination focuses on studying past and present price action to predict the probability of PHOTRONICS INC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHOTRONICS INC's price. Additionally, you may evaluate how the addition of PHOTRONICS INC to your portfolios can decrease your overall portfolio volatility.
| Risk-Return Analysis View associations between returns expected from investment and the risk you assume | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |