SNDL Z Score

SNDL Stock  USD 2.33  0.03  1.30%   
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 SNDL Piotroski F Score and SNDL Valuation analysis.
  

SNDL Z Score Analysis

SNDL'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current SNDL Z Score

    
  1.2  
Most of SNDL's 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, SNDL Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 )
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, SNDL Inc has a Z Score of 1.2. This is 82.22% lower than that of the Pharmaceuticals sector and significantly higher than that of the Health Care industry. The z score for all United States stocks is 86.24% higher than that of the company.

SNDL Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses SNDL'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 SNDL could also be used in its relative valuation, which is a method of valuing SNDL by comparing valuation metrics of similar companies.
SNDL is currently under evaluation in z score category among related companies.

SNDL Fundamentals

About SNDL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SNDL Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SNDL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SNDL Inc 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.
SNDL Inc. engages in the production, distribution, and sale of cannabis products in Canada. SNDL Inc. was incorporated in 2006 and is headquartered in Calgary, Canada. Sndl operates under Drug ManufacturersSpecialty Generic classification in the United States and is traded on NASDAQ Exchange. It employs 580 people.

SNDL Investors Sentiment

The influence of SNDL's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in SNDL. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to SNDL's public news can be used to forecast risks associated with investment in SNDL. The trend in average sentiment can be used to explain how an investor holding SNDL can time the market purely based on public headlines and social activities around SNDL Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
SNDL's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for SNDL's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average SNDL's news discussions. The higher the estimated score, the more favorable is the investor's outlook on SNDL.

SNDL Implied Volatility

    
  107.16  
SNDL's implied volatility exposes the market's sentiment of SNDL Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if SNDL's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that SNDL stock will not fluctuate a lot when SNDL's options are near their expiration.
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 SNDL 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, SNDL's short interest history, or implied volatility extrapolated from SNDL options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at SNDL Piotroski F Score and SNDL Valuation analysis. Note that the SNDL Inc information on this page should be used as a complementary analysis to other SNDL's 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.

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When running SNDL Inc price analysis, check to measure SNDL'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 SNDL is operating at the current time. Most of SNDL's value examination focuses on studying past and present price action to predict the probability of SNDL's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SNDL's price. Additionally, you may evaluate how the addition of SNDL to your portfolios can decrease your overall portfolio volatility.
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Is SNDL'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 SNDL. If investors know SNDL 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 SNDL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
599.6 M
Quarterly Revenue Growth
15.044
Return On Assets
(0.02) 
Return On Equity
(0.19) 
The market value of SNDL Inc is measured differently than its book value, which is the value of SNDL that is recorded on the company's balance sheet. Investors also form their own opinion of SNDL's value that differs from its market value or its book value, called intrinsic value, which is SNDL'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 SNDL's market value can be influenced by many factors that don't directly affect SNDL'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 SNDL's value and its price as these two are different measures arrived at by different means. Investors typically determine SNDL value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SNDL'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.