Rlx Technology Stock Z Score
RLX Stock | USD 1.83 0.01 0.54% |
RLX |
RLX Technology Company Z Score Analysis
RLX Technology'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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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, RLX Technology has a Z Score of 0.0. This is 100.0% lower than that of the Food Products sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.
RLX Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses RLX Technology's 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 RLX Technology could also be used in its relative valuation, which is a method of valuing RLX Technology by comparing valuation metrics of similar companies.RLX Technology is currently under evaluation in z score category among related companies.
RLX Fundamentals
Return On Equity | 0.0348 | ||||
Return On Asset | -0.019 | ||||
Profit Margin | 0.43 % | ||||
Operating Margin | (0.26) % | ||||
Current Valuation | (5.7 B) | ||||
Shares Outstanding | 1.57 B | ||||
Shares Owned By Insiders | 61.90 % | ||||
Shares Owned By Institutions | 35.90 % | ||||
Number Of Shares Shorted | 38.22 M | ||||
Price To Earning | 8.85 X | ||||
Price To Book | 1.25 X | ||||
Price To Sales | 2.22 X | ||||
Revenue | 1.24 B | ||||
Gross Profit | 2.31 B | ||||
EBITDA | (415.3 M) | ||||
Net Income | 534.33 M | ||||
Cash And Equivalents | 1.27 B | ||||
Cash Per Share | 10.96 X | ||||
Total Debt | 24.42 M | ||||
Debt To Equity | 0.01 % | ||||
Current Ratio | 10.76 X | ||||
Book Value Per Share | 12.28 X | ||||
Cash Flow From Operations | 198.7 M | ||||
Short Ratio | 5.17 X | ||||
Earnings Per Share | 0.06 X | ||||
Price To Earnings To Growth | 8.62 X | ||||
Target Price | 3.12 | ||||
Number Of Employees | 397 | ||||
Beta | 0.97 | ||||
Market Capitalization | 2.87 B | ||||
Total Asset | 16.32 B | ||||
Retained Earnings | 3.77 B | ||||
Working Capital | 8.32 B | ||||
Annual Yield | 0.02 % | ||||
Net Asset | 16.32 B | ||||
Last Dividend Paid | 0.071 |
About RLX Technology Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze RLX Technology's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of RLX Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of RLX Technology 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 RLX Technology 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, RLX Technology's short interest history, or implied volatility extrapolated from RLX Technology options trading.
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When determining whether RLX Technology offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RLX Technology's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rlx Technology Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rlx Technology Stock:Check out RLX Technology Piotroski F Score and RLX Technology Valuation analysis. For more information on how to buy RLX Stock please use our How to Invest in RLX Technology guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for RLX Stock analysis
When running RLX Technology's price analysis, check to measure RLX Technology'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 RLX Technology is operating at the current time. Most of RLX Technology's value examination focuses on studying past and present price action to predict the probability of RLX Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RLX Technology's price. Additionally, you may evaluate how the addition of RLX Technology to your portfolios can decrease your overall portfolio volatility.
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Is RLX Technology'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 RLX Technology. If investors know RLX 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 RLX Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of RLX Technology is measured differently than its book value, which is the value of RLX that is recorded on the company's balance sheet. Investors also form their own opinion of RLX Technology's value that differs from its market value or its book value, called intrinsic value, which is RLX Technology'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 RLX Technology's market value can be influenced by many factors that don't directly affect RLX Technology'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 RLX Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if RLX Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RLX Technology'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.