United Fire Group Stock Probability Of Bankruptcy
| UFCS Stock | USD 21.44 0.33 1.52% |
United | Probability Of Bankruptcy |
United Fire Group Company probability of financial unrest Analysis
United Fire's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current United Fire Probability Of Bankruptcy | Less than 12% |
Most of United Fire's fundamental indicators, such as Probability Of Bankruptcy, 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, United Fire Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of United Fire probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting United Fire odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of United Fire Group financial health.
Is United Fire'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 United Fire. If investors know United 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 United Fire 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 (0.01) | Dividend Share 0.64 | Earnings Share (1.18) | Revenue Per Share 43.386 | Quarterly Revenue Growth 0.026 |
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire'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 United Fire's market value can be influenced by many factors that don't directly affect United Fire'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 United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Fire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire'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.
United Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for United Fire is extremely important. It helps to project a fair market value of United Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since United Fire'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 United Fire'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 United Fire's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, United Fire Group has a Probability Of Bankruptcy of 12.0%. This is 75.97% lower than that of the Insurance sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 69.87% higher than that of the company.
United Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Fire's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Fire could also be used in its relative valuation, which is a method of valuing United Fire by comparing valuation metrics of similar companies.United Fire is currently under evaluation in probability of bankruptcy category among related companies.
United Fire Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.004918 | (0.0367) | 0.0268 | 0.005215 | (0.009471) | (0.008998) | |
| Asset Turnover | 0.25 | 0.38 | 0.4 | 0.35 | 0.34 | 0.33 | |
| Net Debt | (104.9M) | (37.9M) | (82.1M) | (46.7M) | (52.0M) | (54.6M) | |
| Total Current Liabilities | 1.5B | 1.6B | 1.5B | 1.5B | 1.6B | 874.6M | |
| Non Current Liabilities Total | 20.6M | 74.9M | 76.8M | 50M | 763.2M | 725.1M | |
| Total Assets | 3.0B | 3.1B | 3.0B | 2.9B | 3.1B | 2.3B | |
| Total Current Assets | 570.1M | 632.1M | 609.3M | 580.1M | 102.0M | 96.9M | |
| Total Cash From Operating Activities | 93.8M | 41.4M | 29.9M | (1.3M) | 171.7M | 93.3M |
United Fundamentals
| Return On Equity | -0.0403 | ||||
| Return On Asset | -0.0076 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 498.43 M | ||||
| Shares Outstanding | 25.29 M | ||||
| Shares Owned By Insiders | 17.99 % | ||||
| Shares Owned By Institutions | 64.00 % | ||||
| Number Of Shares Shorted | 124.62 K | ||||
| Price To Earning | 11.71 X | ||||
| Price To Book | 0.75 X | ||||
| Price To Sales | 0.50 X | ||||
| Revenue | 1.1 B | ||||
| Gross Profit | 15.27 M | ||||
| EBITDA | 10.51 M | ||||
| Net Income | (29.7 M) | ||||
| Cash And Equivalents | 92.21 M | ||||
| Cash Per Share | 3.66 X | ||||
| Total Debt | 50 M | ||||
| Debt To Equity | 0.06 % | ||||
| Current Ratio | 0.32 X | ||||
| Book Value Per Share | 29.04 X | ||||
| Cash Flow From Operations | 171.74 M | ||||
| Short Ratio | 1.30 X | ||||
| Earnings Per Share | (1.18) X | ||||
| Price To Earnings To Growth | 2.90 X | ||||
| Target Price | 21.0 | ||||
| Number Of Employees | 852 | ||||
| Beta | 0.37 | ||||
| Market Capitalization | 550.48 M | ||||
| Total Asset | 3.14 B | ||||
| Retained Earnings | 574.69 M | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 3.01 % | ||||
| Net Asset | 3.14 B | ||||
| Last Dividend Paid | 0.64 |
About United Fire Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze United Fire Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Fire using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Fire Group 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.
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 United Fire 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, United Fire's short interest history, or implied volatility extrapolated from United Fire options trading.
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Check out United Fire Piotroski F Score and United Fire Altman Z Score analysis. Note that the United Fire Group information on this page should be used as a complementary analysis to other United Fire'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 the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Complementary Tools for United Stock analysis
When running United Fire's price analysis, check to measure United Fire'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 United Fire is operating at the current time. Most of United Fire's value examination focuses on studying past and present price action to predict the probability of United Fire's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Fire's price. Additionally, you may evaluate how the addition of United Fire to your portfolios can decrease your overall portfolio volatility.
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Is United Fire'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 United Fire. If investors know United 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 United Fire 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 (0.01) | Dividend Share 0.64 | Earnings Share (1.18) | Revenue Per Share 43.386 | Quarterly Revenue Growth 0.026 |
The market value of United Fire Group is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Fire's value that differs from its market value or its book value, called intrinsic value, which is United Fire'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 United Fire's market value can be influenced by many factors that don't directly affect United Fire'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 United Fire's value and its price as these two are different measures arrived at by different means. Investors typically determine if United Fire is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Fire'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.