| Z Etf | | | USD 46.03 1.75 3.66% |
This module uses fundamental data of Zillow Group to approximate the value of its Beneish M Score. Zillow Group M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out
Zillow Group Piotroski F Score and
Zillow Group Altman Z Score analysis. For more information on how to buy Zillow Etf please use our
How to Invest in Zillow Group guide.
Total Debt is likely to drop to about 299.8
M in 2023.
Debt Non Current is likely to drop to about 299.8
M in 2023. Zillow Group
Book Value per Share is fairly stable at the moment as compared to the past year. Zillow Group reported
Book Value per Share of 12.54 in 2022.
Current Ratio is likely to rise to 14.40 in 2023, whereas
Long Term Debt to Equity is likely to drop 0.30 in 2023.
At this time, Zillow Group's M Score is inapplicable. The earnings manipulation may begin if Zillow Group's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by Zillow Group executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of Zillow Group's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-5.65
Beneish M Score - Inapplicable
| Elasticity of Receivables | 1.24 | Focus |
| Expense Coverage | 1.24 | Focus |
| Gross Margin Strengs | 1.07 | Focus |
| Depreciation Resistance | 1.0 | Focus |
| Net Sales Growth | 0.87 | Focus |
| Financial Leverage Condition | 0.98 | Focus |
Zillow Group Beneish M-Score Indicator Trends
The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if Zillow Group's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back.
Zillow Group Class Beneish M-Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to detect the potential manipulation of earnings. Understanding the correlation between Zillow Group's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Zillow Group in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Zillow Group's degree of accounting gimmicks and manipulations.
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About Zillow Group Beneish M Score
M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled
The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed
financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.
Zillow Group Earnings Manipulation Drivers
Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Zillow Group. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
Zillow Group 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, Zillow Group's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Zillow Group's managers, analysts, and investors.
About Zillow Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Zillow Group Class's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zillow Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Zillow Group Class based on its fundamental data. In general, a quantitative approach, as applied to this etf, 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.
Zillow Group, Inc., a digital real estate company, operates real estate brands on mobile applications and Websites in the United States. Zillow Group is listed under Internet Content Information in the United States and is traded on NASDAQ Exchange exchange.
Zillow Group Implied Volatility | | | | 63.89 |
Zillow Group's implied volatility exposes the
market's sentiment of Zillow Group Class stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Zillow Group'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 Zillow Group stock will not fluctuate a lot when
Zillow Group'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 Zillow Group 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, Zillow Group's short interest history, or implied volatility extrapolated from Zillow Group options trading.
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Check out
Zillow Group Piotroski F Score and
Zillow Group Altman Z Score analysis. For more information on how to buy Zillow Etf please use our
How to Invest in Zillow Group guide. Note that the Zillow Group Class information on this page should be used as a complementary analysis to other Zillow Group'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
Fund Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
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When running Zillow Group's price analysis, check to
measure Zillow Group'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 Zillow Group is operating at the current time. Most of Zillow Group's value examination focuses on studying past and present price action to
predict the probability of Zillow Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zillow Group's price. Additionally, you may evaluate how the addition of Zillow Group to your portfolios can decrease your overall portfolio volatility.
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The market value of Zillow Group Class is measured differently than its book value, which is the value of Zillow that is recorded on the company's balance sheet. Investors also form their own opinion of Zillow Group's value that differs from its market value or its book value, called intrinsic value, which is Zillow Group'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 Zillow Group's market value can be influenced by many factors that don't directly affect Zillow Group'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 Zillow Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Zillow Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Zillow Group'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.