Tesla Z Score

TSLA
 Stock
  

USD 681.79  8.37  1.24%   

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.
  
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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

    
  68.49  
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 68. This is much higher than that of the Consumer Cyclical sector and notably higher than that of the Auto Manufacturers 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 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
Vanguard Group IncCommon Shares65.2 M70.2 B
Blackrock IncCommon Shares55.2 M59.5 B
Capital World InvestorsCommon Shares36.3 M39.1 B
State Street CorpCommon Shares32.4 M34.9 B
Susquehanna International Group LlpCall Options31.4 M33.9 B
Susquehanna International Group LlpPut Options29.4 M31.7 B
Geode Capital Management LlcCommon Shares14.3 M15.4 B
Price T Rowe Associates IncCommon Shares12.9 M13.9 B
Fmr LlcCommon Shares11.5 M12.4 B

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. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

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.

Tesla Implied Volatility

    
  82.42  
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.

Current Sentiment - TSLA

Tesla Inc Investor Sentiment

Majority of Macroaxis users are at this time bullish on Tesla Inc. What is your outlook on investing in Tesla Inc? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Currently Active Assets on Macroaxis

Additionally, take a look at Tesla Piotroski F Score and Tesla Valuation analysis. Note that the Tesla Inc information on this page should be used as a complementary analysis to other Tesla'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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

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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.
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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
6.32
Market Capitalization
706.6 B
Quarterly Revenue Growth YOY
0.81
Return On Assets
0.1
Return On Equity
0.28
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.