Labgenomics Co Stock Z Score
084650 Stock | KRW 2,770 20.00 0.73% |
LabGenomics |
LabGenomics Co Company Z Score Analysis
LabGenomics' 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..
Current LabGenomics Z Score | 7.8 |
Most of LabGenomics' 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, LabGenomics Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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 |
In accordance with the company's disclosures, LabGenomics Co has a Z Score of 7.8. This is 15.56% higher than that of the Healthcare sector and significantly higher than that of the Healthcare Providers & Services industry. The z score for all Republic of Korea stocks is 10.55% higher than that of the company.
Did you try this?
Run Instant Ratings Now
Instant RatingsDetermine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance |
All Next | Launch Module |
LabGenomics Fundamentals
Return On Equity | 42.82 | |||
Return On Asset | 0.46 | |||
Profit Margin | 0.38 % | |||
Operating Margin | 0.48 % | |||
Current Valuation | 356.77 B | |||
Shares Outstanding | 9.08 M | |||
Shares Owned By Insiders | 12.68 % | |||
Shares Owned By Institutions | 1.09 % | |||
Price To Sales | 2.02 X | |||
Revenue | 202.41 B | |||
Gross Profit | 71.32 B | |||
EBITDA | 70.81 B | |||
Net Income | 83.85 B | |||
Cash And Equivalents | 70.53 B | |||
Total Debt | 4.4 B | |||
Cash Flow From Operations | 66.08 B | |||
Target Price | 25000.0 | |||
Number Of Employees | 233 | |||
Beta | -0.96 | |||
Market Capitalization | 61 B | |||
Total Asset | 204.29 B | |||
Z Score | 7.8 | |||
Net Asset | 204.29 B |
About LabGenomics Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LabGenomics Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LabGenomics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of LabGenomics Co 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 LabGenomics 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, LabGenomics' short interest history, or implied volatility extrapolated from LabGenomics options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in LabGenomics Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the LabGenomics information on this page should be used as a complementary analysis to other LabGenomics' 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 Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for LabGenomics Stock analysis
When running LabGenomics' price analysis, check to measure LabGenomics' 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 LabGenomics is operating at the current time. Most of LabGenomics' value examination focuses on studying past and present price action to predict the probability of LabGenomics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LabGenomics' price. Additionally, you may evaluate how the addition of LabGenomics to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets |