# TKHVY Z Score

TKHVY -  USA Stock

## USD 25.780.090.35%

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 Turk Hava Piotroski F Score and Turk Hava Valuation analysis.
 TKHVY Refresh

## TKHVY Z Score Analysis

Turk Hava'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
 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 Predict Turk Hava
Based on the company's disclosures, Turk Hava Yallari has a Z Score of 0.0. This is 100.0% lower than that of the Industrials sector and 100.0% lower than that of the Airlines industry. The z score for all United States stocks is 100.0% higher than that of the company.

## TKHVY Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turk Hava's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the otc stocks which would be a good addition to a portfolio. Peer analysis of Turk Hava could also be used in its relative valuation, which is a method of valuing Turk Hava by comparing valuation metrics of similar companies.
Turk Hava is currently under evaluation in z score category among related companies.

## TKHVY Fundamentals

 Return On Equity 13.06 % Return On Asset 3.23 % Profit Margin 7.89 % Current Valuation 3.71 B Shares Outstanding 138 M Price to Earning 859.33 X Price to Book 0.63 X Price to Sales 0.36 X Revenue 5.89 B Gross Profit 22.32 B EBITDA 715.45 M Net Income 9.54 M Cash and Equivalents 2.36 B Cash per Share 17.07 X Total Debt 16.39 B Debt to Equity 2.00 % Current Ratio 0.73 X Book Value Per Share 41.04 X Cash Flow from Operations 2.06 B Earnings Per Share 0.03 X Number of Employees 37.39 K Beta 1.11 Market Capitalization 3.56 B Total Asset 55.72 B Retained Earnings 6.38 B Working Capital (2.17 B) Current Asset 11.08 B Current Liabilities 13.25 B Last Dividend Paid 0.59

## About Turk Hava Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Turk Hava Yallari's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turk Hava using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turk Hava Yallari 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.
Trk Hava Yollari Anonim Ortakligi provides air transport and aircraft technical maintenance services in Turkey and internationally. The company was incorporated in 1933 and is headquartered in Istanbul, Turkey. Turk Hava operates under Airlines classification in the United States and is traded on OTC Exchange. It employs 37394 people.

## Turk Hava Investors Sentiment

The influence of Turk Hava'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 TKHVY. 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.
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 Turk Hava 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, Turk Hava's short interest history, or implied volatility extrapolated from Turk Hava options trading.

## Current Sentiment - TKHVY

### Turk Hava Yallari Investor Sentiment

Macroaxis portfolio users are evenly split in their outlook on investing in Turk Hava Yallari. What is your outlook on investing in Turk Hava Yallari? Are you bullish or bearish?
Bullish
Bearish
50% Bullish
50% Bearish
 Skip

## Currently Active Assets on Macroaxis

Additionally, take a look at Turk Hava Piotroski F Score and Turk Hava Valuation analysis. Note that the Turk Hava Yallari information on this page should be used as a complementary analysis to other Turk Hava'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

## Complementary Tools for TKHVY OTC Stock analysis

When running Turk Hava Yallari price analysis, check to measure Turk Hava'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 Turk Hava is operating at the current time. Most of Turk Hava's value examination focuses on studying past and present price action to predict the probability of Turk Hava's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Turk Hava's price. Additionally, you may evaluate how the addition of Turk Hava to your portfolios can decrease your overall portfolio volatility.
 Analyst RecommendationsAnalyst recommendations and target price estimates broken down by several categories Go Equity AnalysisResearch over 250,000 global equities including funds, stocks and ETFs to find investment opportunities Go Bond AnalysisEvaluate and analyze corporate bonds as a potential investment for your portfolios. Go Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation Go Fundamentals ComparisonCompare fundamentals across multiple equities to find investing opportunities Go Fund ScreenerFind actively-traded funds from around the world traded on over 30 global exchanges Go CEO DirectoryScreen CEOs from public companies around the world Go Alpha FinderUse alpha and beta coefficients to find investment opportunities after accounting for the risk Go
Is Turk Hava'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 Turk Hava. If investors know TKHVY 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 Turk Hava 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 Turk Hava Yallari is measured differently than its book value, which is the value of TKHVY that is recorded on the company's balance sheet. Investors also form their own opinion of Turk Hava's value that differs from its market value or its book value, called intrinsic value, which is Turk Hava'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 Turk Hava's market value can be influenced by many factors that don't directly affect Turk Hava'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 Turk Hava's value and its price as these two are different measures arrived at by different means. Investors typically determine Turk Hava value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turk Hava'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.