Pure Storage Stock Probability Of Bankruptcy
| PSTG Stock | USD 50.65 1.15 2.22% |
Pure | Probability Of Bankruptcy |
Pure Storage Company chance of financial distress Analysis
Pure Storage'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 Pure Storage Probability Of Bankruptcy | Less than 7% |
Most of Pure Storage'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, Pure Storage is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Pure Storage 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 Pure Storage 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 Pure Storage financial health.
Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.
Pure Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Pure Storage is extremely important. It helps to project a fair market value of Pure Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Pure Storage'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 Pure Storage'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 Pure Storage's interrelated accounts and indicators.
Click cells to compare fundamentals
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, Pure Storage has a Probability Of Bankruptcy of 7.0%. This is 82.7% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The probability of bankruptcy for all United States stocks is 82.43% higher than that of the company.
Pure Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pure Storage'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 Pure Storage could also be used in its relative valuation, which is a method of valuing Pure Storage by comparing valuation metrics of similar companies.Pure Storage is currently under evaluation in probability of bankruptcy category among related companies.
Pure Storage Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Debt | 234.6M | 571.3M | 449.2M | 169.8M | (430.3M) | (408.8M) | |
| Total Current Liabilities | 614.7M | 760.7M | 952.3M | 1.8B | 1.4B | 689.8M | |
| Non Current Liabilities Total | 919.3M | 1.3B | 1.4B | 852.4M | 1.0B | 758.4M | |
| Total Assets | 2.4B | 2.8B | 3.1B | 3.5B | 3.7B | 2.1B | |
| Total Current Assets | 1.9B | 1.9B | 2.2B | 2.5B | 2.4B | 1.6B | |
| Total Cash From Operating Activities | 189.6M | 187.6M | 410.1M | 767.2M | 677.7M | 711.6M |
Pure Fundamentals
| Return On Equity | 0.0555 | ||||
| Return On Asset | 0.0151 | ||||
| Profit Margin | 0.02 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 15.57 B | ||||
| Shares Outstanding | 324.91 M | ||||
| Shares Owned By Insiders | 5.22 % | ||||
| Shares Owned By Institutions | 82.90 % | ||||
| Number Of Shares Shorted | 8.2 M | ||||
| Price To Earning | (13.39) X | ||||
| Price To Book | 13.67 X | ||||
| Price To Sales | 6.13 X | ||||
| Revenue | 2.83 B | ||||
| Gross Profit | 1.9 B | ||||
| EBITDA | 211.58 M | ||||
| Net Income | 61.31 M | ||||
| Cash And Equivalents | 1.36 B | ||||
| Cash Per Share | 4.56 X | ||||
| Total Debt | 272.25 M | ||||
| Debt To Equity | 0.99 % | ||||
| Current Ratio | 1.33 X | ||||
| Book Value Per Share | 3.98 X | ||||
| Cash Flow From Operations | 677.72 M | ||||
| Short Ratio | 1.70 X | ||||
| Earnings Per Share | 0.19 X | ||||
| Price To Earnings To Growth | 5.57 X | ||||
| Target Price | 56.47 | ||||
| Number Of Employees | 5.6 K | ||||
| Beta | 1.15 | ||||
| Market Capitalization | 17.01 B | ||||
| Total Asset | 3.66 B | ||||
| Retained Earnings | (1.48 B) | ||||
| Working Capital | 1.13 B | ||||
| Current Asset | 788.07 M | ||||
| Current Liabilities | 184.53 M | ||||
| Net Asset | 3.66 B |
About Pure Storage Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Pure Storage's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Pure Storage using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Pure Storage 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 Pure Storage 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 Pure Storage Piotroski F Score and Pure Storage Altman Z Score analysis. For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
Complementary Tools for Pure Stock analysis
When running Pure Storage's price analysis, check to measure Pure Storage'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 Pure Storage is operating at the current time. Most of Pure Storage's value examination focuses on studying past and present price action to predict the probability of Pure Storage's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pure Storage's price. Additionally, you may evaluate how the addition of Pure Storage to your portfolios can decrease your overall portfolio volatility.
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| FinTech Suite Use AI to screen and filter profitable investment opportunities | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Instant Ratings Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
Is Pure Storage'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 Pure Storage. If investors know Pure 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 Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.14) | Earnings Share 0.19 | Revenue Per Share 9.077 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0151 |
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage'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 Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage'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 Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage'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.