Unity Software Stock Z Score
U Stock | USD 26.70 0.29 1.07% |
Unity | Z Score |
Unity Z Score Analysis
Unity Software'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..
More About Z Score | All Equity Analysis
2022 | 2023 | 2024 (projected) | Stock Based Compensation | 550.1M | 648.7M | 681.1M | Net Borrowings | 1B | 900M | 1.3B |
Z Score | = | Sum Of | | 5 Factors |
Current Unity Software Z Score | 2.11 |
Most of Unity Software'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, Unity Software is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Unity Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Unity Software is extremely important. It helps to project a fair market value of Unity Stock properly, considering its historical fundamentals such as Z Score. Since Unity Software'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 Unity Software'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 Unity Software's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores 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 highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition |
As per the company's disclosures, Unity Software has a Z Score of 2.11. This is 84.31% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 75.8% higher than that of the company.
Unity Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Unity Software'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 Unity Software could also be used in its relative valuation, which is a method of valuing Unity Software by comparing valuation metrics of similar companies.Unity Software is currently under evaluation in z score category among related companies.
Unity Software Institutional Holders
Institutional Holdings refers to the ownership stake in Unity Software that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Unity Software'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 Unity Software's value.Shares | State Street Corporation | 2023-09-30 | 5.6 M | Two Sigma Investments Llc | 2023-12-31 | 5.3 M | Contour Asset Management Llc | 2023-12-31 | 4.1 M | Geode Capital Management, Llc | 2023-09-30 | 3.6 M | Two Sigma Advisers, Llc | 2023-12-31 | 3.1 M | Clearbridge Advisors, Llc | 2023-09-30 | 2.9 M | Eagle Asset Management, Inc. | 2023-09-30 | 2.6 M | Morgan Stanley - Brokerage Accounts | 2023-09-30 | 2.6 M | Viola Ventures Vc Management 4 Ltd | 2023-12-31 | 2.4 M | Silver Lake Group, L.l.c. | 2023-12-31 | 34.7 M | Sc Us (ttgp), Ltd. | 2023-12-31 | 27.4 M |
Unity Fundamentals
Return On Equity | -0.23 | ||||
Return On Asset | -0.0632 | ||||
Profit Margin | (0.38) % | ||||
Operating Margin | (0.35) % | ||||
Current Valuation | 11.54 B | ||||
Shares Outstanding | 385.94 M | ||||
Shares Owned By Insiders | 10.82 % | ||||
Shares Owned By Institutions | 71.52 % | ||||
Number Of Shares Shorted | 32.84 M | ||||
Price To Book | 3.27 X | ||||
Price To Sales | 4.79 X | ||||
Revenue | 2.19 B | ||||
Gross Profit | 951.69 M | ||||
EBITDA | (200.87 M) | ||||
Net Income | (822.01 M) | ||||
Cash And Equivalents | 1.69 B | ||||
Cash Per Share | 5.61 X | ||||
Total Debt | 2.79 B | ||||
Debt To Equity | 0.82 % | ||||
Current Ratio | 3.41 X | ||||
Book Value Per Share | 8.27 X | ||||
Cash Flow From Operations | 234.7 M | ||||
Short Ratio | 2.59 X | ||||
Earnings Per Share | (2.16) X | ||||
Price To Earnings To Growth | (0.67) X | ||||
Target Price | 30.35 | ||||
Number Of Employees | 6.75 K | ||||
Beta | 2.44 | ||||
Market Capitalization | 10.48 B | ||||
Total Asset | 7.24 B | ||||
Retained Earnings | (3.07 B) | ||||
Working Capital | 1.43 B | ||||
Z Score | 2.11 | ||||
Net Asset | 7.24 B |
About Unity Software Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Unity Software's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Unity Software using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Unity Software 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.Unity Software Inc. creates and operates an interactive real-time 3D content platform. The company was founded in 2004 and is headquartered in San Francisco, California. Unity Software operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. It employs 5245 people.
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Check out Unity Software Piotroski F Score and Unity Software Valuation analysis. For more information on how to buy Unity Stock please use our How to Invest in Unity Software guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
Complementary Tools for Unity Stock analysis
When running Unity Software's price analysis, check to measure Unity Software'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 Unity Software is operating at the current time. Most of Unity Software's value examination focuses on studying past and present price action to predict the probability of Unity Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Unity Software's price. Additionally, you may evaluate how the addition of Unity Software to your portfolios can decrease your overall portfolio volatility.
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Is Unity Software'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 Unity Software. If investors know Unity 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 Unity Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (2.16) | Revenue Per Share 5.749 | Quarterly Revenue Growth 0.351 | Return On Assets (0.06) | Return On Equity (0.23) |
The market value of Unity Software is measured differently than its book value, which is the value of Unity that is recorded on the company's balance sheet. Investors also form their own opinion of Unity Software's value that differs from its market value or its book value, called intrinsic value, which is Unity Software'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 Unity Software's market value can be influenced by many factors that don't directly affect Unity Software'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 Unity Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unity Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unity Software'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.