Simulations Z Score

SLP Stock

USD 42.59 0.68 1.62%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Additionally, take a look at Simulations Plus Piotroski F Score and Simulations Plus Valuation analysis.

Simulations Plus Invested Capital is relatively stable at the moment as compared to the past year. Simulations Plus reported last year Invested Capital of 105.09 Million. As of 03/21/2023, Invested Capital Average is likely to grow to about 112.7 M, while Capital Expenditure is likely to drop (3.9 M). Simulations Plus Direct Expenses is relatively stable at the moment as compared to the past year. Simulations Plus reported last year Direct Expenses of 9.74 Million. As of 03/21/2023, Gross Profit is likely to grow to about 53.5 M, while Earning Before Interest and Taxes EBIT is likely to drop slightly above 14 M.

Simulations Z Score Analysis

Simulations Plus' 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..

	2022	2023 (projected)
Calculated Tax Rate	20.03	24.98
Interest Coverage	162.08	199.71

Calculated Tax Rate Interest Coverage

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

Total Assets )

Second Factor

1.4 * (

Retained Earnings

Total Assets )

Thrid Factor

3.3 * (

EBITAD

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

Total Assets )

Simulations Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Simulations Plus is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Simulations Plus' 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 Simulations Plus' 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 Simulations Plus' interrelated accounts and indicators.

	Accounts Payable	Total Assets	Current Assets	Cash and Equivalents	Total Debt	Debt Current	Deferred Revenue	Shareholders Equity	Investments Current	Total Liabilities	Current Liabilities	Tax Assets	Tax Liabilities
Accounts Payable		0.39	0.36	0.29	0.09	-0.35	0.01	0.36	0.21	0.67	0.57	0.04	0.09
Total Assets	0.39		1.0	0.98	0.88	-0.73	0.82	1.0	0.87	0.69	0.86	0.9	-0.21
Current Assets	0.36	1.0		0.99	0.89	-0.73	0.81	1.0	0.87	0.63	0.84	0.91	-0.28
Cash and Equivalents	0.29	0.98	0.99		0.87	-0.64	0.83	0.99	0.82	0.57	0.77	0.92	-0.31
Total Debt	0.09	0.88	0.89	0.87		-0.76	0.92	0.89	0.95	0.48	0.76	0.9	-0.29
Debt Current	-0.35	-0.73	-0.73	-0.64	-0.76		-0.53	-0.73	-0.92	-0.52	-0.78	-0.65	0.21
Deferred Revenue	0.01	0.82	0.81	0.83	0.92	-0.53		0.82	0.8	0.47	0.65	0.87	-0.12
Shareholders Equity	0.36	1.0	1.0	0.99	0.89	-0.73	0.82		0.87	0.66	0.85	0.91	-0.24
Investments Current	0.21	0.87	0.87	0.82	0.95	-0.92	0.8	0.87		0.53	0.81	0.84	-0.26
Total Liabilities	0.67	0.69	0.63	0.57	0.48	-0.52	0.47	0.66	0.53		0.79	0.45	0.45
Current Liabilities	0.57	0.86	0.84	0.77	0.76	-0.78	0.65	0.85	0.81	0.79		0.69	-0.1
Tax Assets	0.04	0.9	0.91	0.92	0.9	-0.65	0.87	0.91	0.84	0.45	0.69		-0.31
Tax Liabilities	0.09	-0.21	-0.28	-0.31	-0.29	0.21	-0.12	-0.24	-0.26	0.45	-0.1	-0.31

Click cells to compare fundamentals

To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.

Competition

Predict Simulations Plus

Based on the company's disclosures, Simulations Plus has a Z Score of 0.0. This is 100.0% lower than that of the Health Care Technology sector and about the same as Health Care (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Simulations Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Simulations Plus' 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 Simulations Plus could also be used in its relative valuation, which is a method of valuing Simulations Plus by comparing valuation metrics of similar companies.

Simulations Plus is currently under evaluation in z score category among related companies.

Simulations Plus Current Valuation Drivers

We derive many important indicators used in calculating different scores of Simulations Plus from analyzing Simulations Plus' financial statements. These drivers represent accounts that assess Simulations Plus' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Simulations Plus' important valuation drivers and their relationship over time.

	2018	2019	2020	2021	2022	2023 (projected)
Net Income Per Employee	77.33 K	67.93 K	67 K	76.58 K	88.07 K	90.44 K
Revenue Per Employee	306.04 K	302.74 K	318.26 K	330.71 K	297.64 K	285.07 K
Average Assets	44 M	81.74 M	176.32 M	185.16 M	212.93 M	229.75 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA	13.31 M	14.35 M	14.68 M	18.69 M	21.49 M	17.28 M
Earnings Before Interest Taxes and Depreciation Amortization USD	13.31 M	14.35 M	14.68 M	18.69 M	21.49 M	17.28 M
Earnings before Tax	10.56 M	11.39 M	11.09 M	15.12 M	17.38 M	14.01 M
Average Equity	34.93 M	70.67 M	162.68 M	174.21 M	200.34 M	216.16 M
Enterprise Value	622.75 M	1.06 B	834.48 M	1.17 B	1.35 B	1.46 B
Free Cash Flow	9.68 M	8.33 M	14.63 M	13.93 M	16.02 M	17.28 M
Invested Capital	5.32 M	76.72 M	95.2 M	91.38 M	105.09 M	113.39 M
Invested Capital Average	4.77 M	25.39 M	90.71 M	90.85 M	104.47 M	112.72 M
Market Capitalization	633.06 M	1.06 B	891.89 M	1.22 B	1.4 B	1.51 B
Tangible Asset Value	21.54 M	130.51 M	142.48 M	149.28 M	171.67 M	185.23 M
Working Capital	16.38 M	123.59 M	127.74 M	139.06 M	159.91 M	172.54 M

Simulations Plus Institutional Holders

Institutional Holdings refers to the ownership stake in Simulations Plus that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Simulations Plus' 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 Simulations Plus' value.

	Security Type	Shares	Value
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	73.1 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	95 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	96 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	100 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	93 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	2 K	77 K
Zurcher Kantonalbank Zurich Cantonalbank	Common Shares	5.6 K	310 K

Simulations Fundamentals

	Return On Equity	0.06 %
	Return On Asset	0.0404 %
	Profit Margin	0.20 %
	Operating Margin	0.22 %
	Current Valuation	686.9 M
	Shares Outstanding	20.33 M
	Shares Owned by Insiders	19.96 %
	Shares Owned by Institutions	75.89 %
	Number of Shares Shorted	1.67 M
	Price to Earning	75.17 X
	Price to Book	4.57 X
	Price to Sales	14.66 X
	Revenue	53.91 M
	Gross Profit	43.08 M
	EBITDA	19.41 M
	Net Income	12.48 M
	Cash and Equivalents	122.47 M
	Cash per Share	6.05 X
	Total Debt	1.53 M
	Debt to Equity	0.008 %
	Current Ratio	24.49 X
	Book Value Per Share	8.87 X
	Cash Flow from Operations	17.9 M
	Short Ratio	15.39 X
	Earnings Per Share	0.52 X
	Price to Earnings To Growth	9.77 X
	Target Price	58.75
	Number of Employees	157
	Beta	0.53
	Market Capitalization	865.02 M
	Total Asset	188.38 M
	Retained Earnings	9.07 M
	Working Capital	10.14 M
	Current Asset	11.53 M
	Current Liabilities	1.39 M
	Annual Yield	0.0058 %
	Five Year Return	0.76 %
	Net Asset	188.38 M
	Last Dividend Paid	0.24

About Simulations Plus Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Simulations Plus's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simulations Plus using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simulations Plus 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.

Simulations Plus, Inc. develops drug discovery and development software for modeling and simulation, and prediction of molecular properties utilizing artificial intelligence and machine learning based technology worldwide. Simulations Plus, Inc. was incorporated in 1996 and is headquartered in Lancaster, California. Simulations Plus is traded on NASDAQ Exchange in the United States.

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Additionally, take a look at Simulations Plus Piotroski F Score and Simulations Plus Valuation analysis. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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Is Simulations Plus' 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 Simulations Plus. If investors know Simulations 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 Simulations Plus 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

(0.60)

Dividend Share

0.24

Earnings Share

0.52

Revenue Per Share

2.642

Quarterly Revenue Growth

(0.036)

The market value of Simulations Plus is measured differently than its book value, which is the value of Simulations that is recorded on the company's balance sheet. Investors also form their own opinion of Simulations Plus' value that differs from its market value or its book value, called intrinsic value, which is Simulations Plus' 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 Simulations Plus' market value can be influenced by many factors that don't directly affect Simulations Plus' 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 Simulations Plus' value and its price as these two are different measures arrived at by different means. Investors typically determine Simulations Plus value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simulations Plus' 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.

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Simulations Z Score

Simulations Z Score Analysis

Simulations Z Score Driver Correlations

Simulations Z Score Peer Comparison

Simulations Plus Current Valuation Drivers

Simulations Plus Institutional Holders

Simulations Fundamentals

About Simulations Plus Fundamental Analysis

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