Simulations Z Score

SLP Stock  USD 42.51  0.18  0.42%   
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 1.73 Million. As of 02/07/2023, Market Capitalization is likely to grow to about 110.7 M, while Capital Expenditure is likely to drop (1.5 M). Simulations Plus Net Income Common Stock is relatively stable at the moment as compared to the past year. Simulations Plus reported last year Net Income Common Stock of 3.46 Million. As of 02/07/2023, Operating Expenses is likely to grow to about 7.9 M, while Weighted Average Shares Diluted is likely to drop slightly above 17.3 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 Rate20.0324.98
Interest Coverage162.08199.71
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.
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.
Compare to competition

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.
201820192020202120222023 (projected)
Net Income Per Employee77.33 K67.93 K67 K76.58 K88.07 K90.44 K
Revenue Per Employee306.04 K302.74 K318.26 K330.71 K297.64 K285.07 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA10.76 M11.52 M11.13 M14.7 M13.23 M10.49 M

Simulations Fundamentals

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.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Simulations Plus without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Simulations Plus Piotroski F Score and Simulations Plus Valuation analysis. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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) 
Market Capitalization
867.9 M
Quarterly Revenue Growth
(0.036) 
Return On Assets
0.0404
Return On Equity
0.0614
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.