Darling Ingredients Stock Z Score

DAR Stock  USD 46.51  0.18  0.39%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Darling Ingredients Piotroski F Score and Darling Ingredients Valuation analysis.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.
  
At this time, Darling Ingredients' Additional Paid In Capital is relatively stable compared to the past year. As of 03/29/2024, Capital Stock is likely to grow to about 1.9 M, while Net Invested Capital is likely to drop slightly above 5.9 B. At this time, Darling Ingredients' EBIT is relatively stable compared to the past year. As of 03/29/2024, EBITDA is likely to grow to about 1.1 B, while Income Tax Expense is likely to drop slightly above 32.4 M.

Darling Z Score Analysis

Darling Ingredients' 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..
 2016 2023 2024 (projected)
Dividend Yield0.06430.0740.14
Price To Sales Ratio0.631.391.46

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Darling Ingredients Z Score

    
  2.45  
Most of Darling Ingredients' 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, Darling Ingredients is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Darling Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Darling Ingredients is extremely important. It helps to project a fair market value of Darling Stock properly, considering its historical fundamentals such as Z Score. Since Darling Ingredients' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Darling Ingredients' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Darling Ingredients' interrelated accounts and indicators.
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Click cells to compare fundamentals
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

According to the company's disclosures, Darling Ingredients has a Z Score of 2.45. This is 72.96% lower than that of the Food Products sector and 3.81% higher than that of the Consumer Staples industry. The z score for all United States stocks is 71.9% higher than that of the company.

Darling Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Darling Ingredients' 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 Darling Ingredients could also be used in its relative valuation, which is a method of valuing Darling Ingredients by comparing valuation metrics of similar companies.
Darling Ingredients is currently under evaluation in z score category among related companies.

Darling Ingredients Institutional Holders

Institutional Holdings refers to the ownership stake in Darling Ingredients that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Darling Ingredients' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Darling Ingredients' value.
Shares
Davis Selected Advisers2023-12-31
3.1 M
Geode Capital Management, Llc2023-12-31
2.5 M
Dimensional Fund Advisors, Inc.2023-12-31
2.5 M
Citadel Advisors Llc2023-09-30
2.4 M
Norges Bank2023-12-31
1.9 M
Balyasny Asset Management Llc2023-12-31
1.9 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.8 M
Fidelity International Ltd2023-12-31
1.8 M
Gates Capital Management Inc2023-12-31
1.8 M
Blackrock Inc2023-12-31
18.9 M
Vanguard Group Inc2023-12-31
15.4 M

Darling Fundamentals

About Darling Ingredients Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Darling Ingredients's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Darling Ingredients using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Darling Ingredients 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.
Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. Darling Ingredients Inc. was founded in 1882 and is headquartered in Irving, Texas. Darling International operates under Packaged Foods classification in the United States and is traded on New York Stock Exchange. It employs 9900 people.

Pair Trading with Darling Ingredients

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 Darling Ingredients 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 Darling Ingredients will appreciate offsetting losses from the drop in the long position's value.

Moving together with Darling Stock

  0.78BG Bunge Limited Financial Report 1st of May 2024 PairCorr

Moving against Darling Stock

  0.61FARM Farmer Bros Financial Report 8th of May 2024 PairCorr
  0.41BOF BranchOut Food CommonPairCorr
The ability to find closely correlated positions to Darling Ingredients could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Darling Ingredients 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 Darling Ingredients - 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 Darling Ingredients to buy it.
The correlation of Darling Ingredients 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 Darling Ingredients moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Darling Ingredients 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 Darling Ingredients 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.
Pair CorrelationCorrelation Matching
When determining whether Darling Ingredients is a strong investment it is important to analyze Darling Ingredients' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Darling Ingredients' future performance. For an informed investment choice regarding Darling Stock, refer to the following important reports:
Check out Darling Ingredients Piotroski F Score and Darling Ingredients Valuation analysis.
To learn how to invest in Darling Stock, please use our How to Invest in Darling Ingredients guide.
Note that the Darling Ingredients information on this page should be used as a complementary analysis to other Darling Ingredients' 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 Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

Complementary Tools for Darling Stock analysis

When running Darling Ingredients' price analysis, check to measure Darling Ingredients' 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 Darling Ingredients is operating at the current time. Most of Darling Ingredients' value examination focuses on studying past and present price action to predict the probability of Darling Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Darling Ingredients' price. Additionally, you may evaluate how the addition of Darling Ingredients to your portfolios can decrease your overall portfolio volatility.
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Is Darling Ingredients' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Darling Ingredients. If investors know Darling will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Darling Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Earnings Share
3.99
Revenue Per Share
42.462
Quarterly Revenue Growth
(0.09)
Return On Assets
0.037
The market value of Darling Ingredients is measured differently than its book value, which is the value of Darling that is recorded on the company's balance sheet. Investors also form their own opinion of Darling Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Darling Ingredients' 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 Darling Ingredients' market value can be influenced by many factors that don't directly affect Darling Ingredients' 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 Darling Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Darling Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Darling Ingredients' 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.