Chang Ho Fibre Stock Z Score
| 1468 Stock | TWD 12.35 0.20 1.65% |
Chang |
Chang Ho Fibre Company Z Score Analysis
Chang Ho'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..
Current Chang Ho Z Score | 2.4 |
Most of Chang Ho'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, Chang Ho Fibre 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, Chang Ho Fibre has a Z Score of 2.4. This is 25.7% lower than that of the Textiles, Apparel & Luxury Goods sector and 100.0% higher than that of the Consumer Discretionary industry. The z score for all Taiwan stocks is 72.48% higher than that of the company.
Chang Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Chang Ho'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 Chang Ho could also be used in its relative valuation, which is a method of valuing Chang Ho by comparing valuation metrics of similar companies.Chang Ho is currently under evaluation in z score category among related companies.
Chang Fundamentals
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0031 | |||
| Profit Margin | 0.11 % | |||
| Operating Margin | 0.01 % | |||
| Current Valuation | 2.87 B | |||
| Shares Outstanding | 160.4 M | |||
| Shares Owned By Insiders | 85.00 % | |||
| Price To Earning | 23.07 X | |||
| Price To Book | 1.66 X | |||
| Price To Sales | 1.59 X | |||
| Revenue | 1.14 B | |||
| Gross Profit | 129.66 M | |||
| EBITDA | 82.43 M | |||
| Net Income | 9.65 M | |||
| Cash And Equivalents | 426.98 M | |||
| Cash Per Share | 2.66 X | |||
| Total Debt | 510.32 M | |||
| Debt To Equity | 100.60 % | |||
| Current Ratio | 2.22 X | |||
| Book Value Per Share | 8.17 X | |||
| Cash Flow From Operations | (485.02 M) | |||
| Earnings Per Share | 0.90 X | |||
| Number Of Employees | 14 | |||
| Beta | 0.5 | |||
| Market Capitalization | 2.23 B | |||
| Total Asset | 3.43 B | |||
| Retained Earnings | (594 M) | |||
| Working Capital | 509 M | |||
| Current Asset | 1.22 B | |||
| Current Liabilities | 709 M | |||
| Z Score | 2.4 | |||
| Net Asset | 3.43 B |
About Chang Ho Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Chang Ho Fibre's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Chang Ho using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Chang Ho Fibre 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.
Thematic Opportunities
Explore Investment Opportunities
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chang Ho Fibre. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Chang Stock analysis
When running Chang Ho's price analysis, check to measure Chang Ho'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 Chang Ho is operating at the current time. Most of Chang Ho's value examination focuses on studying past and present price action to predict the probability of Chang Ho's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chang Ho's price. Additionally, you may evaluate how the addition of Chang Ho to your portfolios can decrease your overall portfolio volatility.
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |