Reitmans Limited Stock Z Score
RTMAF Stock | USD 1.80 0.09 5.26% |
Reitmans |
Reitmans Limited Company Z Score Analysis
Reitmans' 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 Reitmans Z Score | 1.2 |
Most of Reitmans' 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, Reitmans Limited is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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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, Reitmans Limited has a Z Score of 1.2. This is 62.85% lower than that of the Specialty Retail sector and significantly higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 86.24% higher than that of the company.
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Reitmans Fundamentals
Return On Equity | 0.93 | |||
Return On Asset | 0.0656 | |||
Profit Margin | 0.19 % | |||
Operating Margin | 0.05 % | |||
Current Valuation | 104.44 M | |||
Shares Outstanding | 35.43 M | |||
Shares Owned By Insiders | 10.09 % | |||
Price To Earning | 1.76 X | |||
Price To Book | 0.45 X | |||
Price To Sales | 0.1 X | |||
Revenue | 778.91 M | |||
Gross Profit | 353.17 M | |||
EBITDA | 51.4 M | |||
Net Income | 158.26 M | |||
Cash And Equivalents | 38.17 M | |||
Cash Per Share | 0.78 X | |||
Total Debt | 79.09 M | |||
Debt To Equity | 0.36 % | |||
Current Ratio | 2.38 X | |||
Book Value Per Share | 4.79 X | |||
Cash Flow From Operations | (24.73 M) | |||
Earnings Per Share | 0.50 X | |||
Number Of Employees | 64 | |||
Beta | -0.0185 | |||
Market Capitalization | 174.43 M | |||
Z Score | 1.2 | |||
Annual Yield | 0.39 % | |||
Five Year Return | 5.67 % |
About Reitmans Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Reitmans Limited's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reitmans using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reitmans Limited 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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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reitmans Limited. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Reitmans Limited information on this page should be used as a complementary analysis to other Reitmans' 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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When running Reitmans' price analysis, check to measure Reitmans' 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 Reitmans is operating at the current time. Most of Reitmans' value examination focuses on studying past and present price action to predict the probability of Reitmans' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reitmans' price. Additionally, you may evaluate how the addition of Reitmans to your portfolios can decrease your overall portfolio volatility.
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