Evergreen Marine Corp Stock Z Score
2603 Stock | TWD 189.50 2.00 1.04% |
Evergreen |
Evergreen Marine Corp Company Z Score Analysis
Evergreen Marine'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 Evergreen Marine Z Score | 3.6 |
Most of Evergreen Marine'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, Evergreen Marine Corp 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, Evergreen Marine Corp has a Z Score of 3.6. This is 11.55% lower than that of the Marine sector and significantly higher than that of the Industrials industry. The z score for all Taiwan stocks is 58.72% higher than that of the company.
Evergreen Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Evergreen Marine'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 Evergreen Marine could also be used in its relative valuation, which is a method of valuing Evergreen Marine by comparing valuation metrics of similar companies.Evergreen Marine is currently under evaluation in z score category among related companies.
Evergreen Fundamentals
Return On Equity | 0.95 | |||
Return On Asset | 0.39 | |||
Profit Margin | 0.57 % | |||
Operating Margin | 0.65 % | |||
Current Valuation | 54.64 B | |||
Shares Outstanding | 2.12 B | |||
Shares Owned By Insiders | 22.73 % | |||
Shares Owned By Institutions | 12.31 % | |||
Price To Earning | 1.08 X | |||
Price To Book | 0.61 X | |||
Price To Sales | 0.50 X | |||
Revenue | 489.41 B | |||
Gross Profit | 301.99 B | |||
EBITDA | 314.08 B | |||
Net Income | 239.01 B | |||
Cash And Equivalents | 407.76 B | |||
Cash Per Share | 192.67 X | |||
Total Debt | 46.41 B | |||
Debt To Equity | 0.28 % | |||
Current Ratio | 3.02 X | |||
Book Value Per Share | 254.87 X | |||
Cash Flow From Operations | 301.06 B | |||
Earnings Per Share | 151.27 X | |||
Price To Earnings To Growth | 0.19 X | |||
Target Price | 168.06 | |||
Number Of Employees | 51 | |||
Beta | 1.74 | |||
Market Capitalization | 312.17 B | |||
Total Asset | 611.03 B | |||
Z Score | 3.6 | |||
Annual Yield | 0.31 % | |||
Net Asset | 611.03 B | |||
Last Dividend Paid | 45.0 |
About Evergreen Marine Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Evergreen Marine Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Evergreen Marine using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Evergreen Marine Corp 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 Evergreen Marine Corp. 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Evergreen Stock analysis
When running Evergreen Marine's price analysis, check to measure Evergreen Marine'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 Evergreen Marine is operating at the current time. Most of Evergreen Marine's value examination focuses on studying past and present price action to predict the probability of Evergreen Marine's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergreen Marine's price. Additionally, you may evaluate how the addition of Evergreen Marine to your portfolios can decrease your overall portfolio volatility.
Portfolio Manager State of the art Portfolio Manager to monitor and improve performance of your invested capital | |
Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
Economic Indicators Top statistical indicators that provide insights into how an economy is performing |