Red Violet Stock Z Score
| RDVT Stock | USD 17.43 0.40 2.24% |
Red | Z Score |
Red Violet Company Z Score Analysis
Red Violet'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..
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Red Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Red Violet is extremely important. It helps to project a fair market value of Red Stock properly, considering its historical fundamentals such as Z Score. Since Red Violet'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 Red Violet'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 Red Violet's interrelated accounts and indicators.
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.
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Based on the company's disclosures, Red Violet has a Z Score of 0.0. This is 100.0% lower than that of the Professional Services sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Red Violet Current Valuation Drivers
We derive many important indicators used in calculating different scores of Red Violet from analyzing Red Violet's financial statements. These drivers represent accounts that assess Red Violet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Red Violet's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 199.2M | 309.8M | 500.0M | 316.7M | 279.1M | 223.2M | |
| Enterprise Value | 190.4M | 301.4M | 467.6M | 286.2M | 249.6M | 207.3M |
Red Violet Institutional Holders
Institutional Holdings refers to the ownership stake in Red Violet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Red Violet's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Red Violet's value.| Shares | Northern Trust Corp | 2023-12-31 | 103.6 K | U.s. Bancorp | 2023-12-31 | 87 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 66.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 43.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 30.8 K | Millennium Management Llc | 2023-12-31 | 27.8 K | Kennedy Capital Management Inc | 2023-12-31 | 23.3 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 21.4 K | Venator Capital Management Ltd. | 2023-09-30 | 20.9 K | Nantahala Capital Management, Llc | 2023-12-31 | 2.4 M | Trigran Investments Inc | 2023-12-31 | 2.1 M |
Red Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0184 | ||||
| Profit Margin | 0.22 % | ||||
| Operating Margin | (0.06) % | ||||
| Current Valuation | 219.51 M | ||||
| Shares Outstanding | 13.76 M | ||||
| Shares Owned By Insiders | 25.69 % | ||||
| Shares Owned By Institutions | 57.61 % | ||||
| Number Of Shares Shorted | 721.85 K | ||||
| Price To Earning | 156.82 X | ||||
| Price To Book | 2.99 X | ||||
| Price To Sales | 4.27 X | ||||
| Revenue | 60.2 M | ||||
| Gross Profit | 41.11 M | ||||
| EBITDA | 10.86 M | ||||
| Net Income | 13.53 M | ||||
| Cash And Equivalents | 32.33 M | ||||
| Cash Per Share | 2.36 X | ||||
| Total Debt | 2.57 M | ||||
| Debt To Equity | 0.02 % | ||||
| Current Ratio | 11.17 X | ||||
| Book Value Per Share | 6.16 X | ||||
| Cash Flow From Operations | 15.07 M | ||||
| Short Ratio | 9.67 X | ||||
| Earnings Per Share | 0.96 X | ||||
| Target Price | 25.0 | ||||
| Number Of Employees | 183 | ||||
| Beta | 1.12 | ||||
| Market Capitalization | 245.41 M | ||||
| Total Asset | 92.99 M | ||||
| Retained Earnings | (7.87 M) | ||||
| Working Capital | 35.4 M | ||||
| Current Asset | 9.32 M | ||||
| Current Liabilities | 3.89 M | ||||
| Net Asset | 92.99 M |
About Red Violet Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Red Violet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Red Violet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Red Violet 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.
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When determining whether Red Violet is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Red Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Red Violet Stock. Highlighted below are key reports to facilitate an investment decision about Red Violet Stock:Check out Red Violet Piotroski F Score and Red Violet Valuation analysis. For more information on how to buy Red Stock please use our How to Invest in Red Violet guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Red Stock analysis
When running Red Violet's price analysis, check to measure Red Violet'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 Red Violet is operating at the current time. Most of Red Violet's value examination focuses on studying past and present price action to predict the probability of Red Violet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Red Violet's price. Additionally, you may evaluate how the addition of Red Violet to your portfolios can decrease your overall portfolio volatility.
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Is Red Violet'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 Red Violet. If investors know Red 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 Red Violet 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 4.438 | Earnings Share 0.96 | Revenue Per Share 4.308 | Quarterly Revenue Growth 0.152 | Return On Assets 0.0184 |
The market value of Red Violet is measured differently than its book value, which is the value of Red that is recorded on the company's balance sheet. Investors also form their own opinion of Red Violet's value that differs from its market value or its book value, called intrinsic value, which is Red Violet'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 Red Violet's market value can be influenced by many factors that don't directly affect Red Violet'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 Red Violet's value and its price as these two are different measures arrived at by different means. Investors typically determine if Red Violet is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Red Violet'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.