Tower Semiconductor Current Valuation vs. Z Score
| TSEM Stock | ILA 11,910 160.00 1.33% |
For Tower Semiconductor profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Tower Semiconductor to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Tower Semiconductor utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Tower Semiconductor's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Tower Semiconductor over time as well as its relative position and ranking within its peers.
Tower |
Tower Semiconductor Z Score vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Tower Semiconductor's current stock value. Our valuation model uses many indicators to compare Tower Semiconductor value to that of its competitors to determine the firm's financial worth. Tower Semiconductor is currently regarded number one company in current valuation category among related companies. It is currently regarded as top stock in z score category among related companies . The ratio of Current Valuation to Z Score for Tower Semiconductor is about 367,877,758 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Tower Semiconductor by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Tower Semiconductor's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tower Semiconductor's earnings, one of the primary drivers of an investment's value.Tower Current Valuation vs. Competition
Tower Semiconductor is currently regarded number one company in current valuation category among related companies. After adjusting for long-term liabilities, total market size of Information Technology industry is at this time estimated at about 15.89 Billion. Tower Semiconductor totals roughly 15.01 Billion in current valuation claiming about 94% of equities under Information Technology industry.
Tower Z Score vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Tower Semiconductor |
| = | 15.01 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
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..
Tower Semiconductor |
| = | 40.8 |
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.
Tower Z Score Comparison
Tower Semiconductor is currently under evaluation in z score category among related companies.
Tower Semiconductor Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Tower Semiconductor, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Tower Semiconductor will eventually generate negative long term returns. The profitability progress is the general direction of Tower Semiconductor's change in net profit over the period of time. It can combine multiple indicators of Tower Semiconductor, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Tower Semiconductor Ltd., an independent semiconductor foundry, manufactures and markets analog intensive mixed-signal semiconductor devices in the United States, Japan, Asia, and Europe. The company was incorporated in 1993 and is headquartered in Migdal Haemek, Israel. TOWER SEMICONDUCTO is traded on Tel Aviv Stock Exchange in Israel.
Tower Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Tower Semiconductor. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Tower Semiconductor position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Tower Semiconductor's important profitability drivers and their relationship over time.
Use Tower Semiconductor in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tower Semiconductor position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tower Semiconductor will appreciate offsetting losses from the drop in the long position's value.Tower Semiconductor Pair Trading
Tower Semiconductor Pair Trading Analysis
The ability to find closely correlated positions to Tower Semiconductor could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tower Semiconductor when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tower Semiconductor - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tower Semiconductor to buy it.
The correlation of Tower Semiconductor is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tower Semiconductor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tower Semiconductor moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tower Semiconductor can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Tower Semiconductor position
In addition to having Tower Semiconductor in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Theme ETFs Thematic Idea Now
Theme ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Theme ETFs theme has 488 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Theme ETFs Theme or any other thematic opportunities.
| View All Next | Launch |
Check out World Market Map. For information on how to trade Tower Stock refer to our How to Trade Tower Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Tower Stock analysis
When running Tower Semiconductor's price analysis, check to measure Tower Semiconductor'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 Tower Semiconductor is operating at the current time. Most of Tower Semiconductor's value examination focuses on studying past and present price action to predict the probability of Tower Semiconductor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tower Semiconductor's price. Additionally, you may evaluate how the addition of Tower Semiconductor to your portfolios can decrease your overall portfolio volatility.
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings |
To fully project Tower Semiconductor's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Tower Semiconductor at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Tower Semiconductor's income statement, its balance sheet, and the statement of cash flows.