Tesla Z Score

TSLA
 Stock
  

USD 174.04  5.78  3.21%   

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 Tesla Piotroski F Score and Tesla Valuation analysis.
  
Tesla Invested Capital is projected to decrease significantly based on the last few years of reporting. The past year's Invested Capital was at 463.9 Million. The current year Invested Capital Average is expected to grow to about 5.7 B, whereas Capital Expenditure is forecasted to decline to (1.9 B). Tesla Direct Expenses is projected to increase significantly based on the last few years of reporting. The past year's Direct Expenses was at 40.22 Billion. The current year Cost of Revenue is expected to grow to about 3 B, whereas Consolidated Income is forecasted to decline to (1 B).

Tesla Z Score Analysis

Tesla'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..
 2021 2022 (projected)
Revenues USD3.64 B3.93 B
Revenues53.82 B58.07 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Tesla Z Score

    
  71.09  
Most of Tesla'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, Tesla 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 )

Tesla Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Tesla is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Tesla's 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 Tesla's 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 Tesla's 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, Tesla Inc has a Z Score of 71. This is much higher than that of the Automobiles sector and notably higher than that of the Consumer Discretionary industry. The z score for all United States stocks is notably lower than that of the firm.

Tesla Z Score Peer Comparison

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

Tesla Current Valuation Drivers

We derive many important indicators used in calculating different scores of Tesla from analyzing Tesla's financial statements. These drivers represent accounts that assess Tesla's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tesla's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(52.24 K)(20 K)(17.95 K)10.16 K55.59 K59.97 K
Revenue Per Employee313.21 K439.63 K511.87 K444.48 K542.08 K584.88 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA(988.16 M)743.79 M1.35 B3.44 B8.57 B9.24 B

Tesla ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tesla's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tesla's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Tesla Institutional Holders

Institutional Holdings refers to the ownership stake in Tesla that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tesla's 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 Tesla's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares6.1 K1.6 M
Zwj Investment Counsel IncCommon SharesK1.4 M
Zwj Investment Counsel IncCommon Shares1.9 KM
Zwj Investment Counsel IncCommon Shares2.2 K2.3 M
Zwj Investment Counsel IncCommon Shares2.1 K1.6 M
Zwj Investment Counsel IncCommon Shares2.3 K1.5 M
Zwj Investment Counsel IncCommon Shares2.3 K1.5 M
Zweigdimenna Associates LlcPut Options18 K6.2 M

Tesla Fundamentals

About Tesla Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Tesla Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tesla using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tesla 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.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas. Tesla operates under Auto Manufacturers classification in the United States and is traded on NASDAQ Exchange. It employs 99290 people.

Tesla Investors Sentiment

The influence of Tesla'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 Tesla. 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 Tesla's public news can be used to forecast risks associated with investment in Tesla. The trend in average sentiment can be used to explain how an investor holding Tesla can time the market purely based on public headlines and social activities around Tesla Inc. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Tesla'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 Tesla'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 Tesla's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Tesla.

Tesla Implied Volatility

    
  88.71  
Tesla's implied volatility exposes the market's sentiment of Tesla Inc stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Tesla'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 Tesla stock will not fluctuate a lot when Tesla'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 Tesla 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, Tesla's short interest history, or implied volatility extrapolated from Tesla options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Tesla Piotroski F Score and Tesla Valuation analysis. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for analysis

When running Tesla Inc price analysis, check to measure Tesla'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 Tesla is operating at the current time. Most of Tesla's value examination focuses on studying past and present price action to predict the probability of Tesla's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Tesla's price. Additionally, you may evaluate how the addition of Tesla to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Go
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Go
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Is Tesla'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 Tesla. If investors know Tesla 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 Tesla 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 YOY
0.977
Market Capitalization
576.1 B
Quarterly Revenue Growth YOY
0.559
Return On Assets
0.1172
Return On Equity
0.3224
The market value of Tesla Inc is measured differently than its book value, which is the value of Tesla that is recorded on the company's balance sheet. Investors also form their own opinion of Tesla's value that differs from its market value or its book value, called intrinsic value, which is Tesla'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 Tesla's market value can be influenced by many factors that don't directly affect Tesla'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 Tesla's value and its price as these two are different measures arrived at by different means. Investors typically determine Tesla value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tesla'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.