Koss Corporation Stock Z Score

KOSS Stock  USD 2.57  0.07  2.65%   
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 Koss Piotroski F Score and Koss Valuation analysis.
  
At this time, Koss' Capital Surpluse is comparatively stable compared to the past year. Net Working Capital is likely to gain to about 31.8 M in 2024, whereas Capital Lease Obligations is likely to drop slightly above 3.1 M in 2024. At this time, Koss' Net Income From Continuing Ops is comparatively stable compared to the past year. Non Operating Income Net Other is likely to gain to about 39.8 M in 2024, whereas Total Revenue is likely to drop slightly above 11.2 M in 2024.

Koss Z Score Analysis

Koss' 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..

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Koss Z Score

    
  4.43  
Most of Koss' 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, Koss Corporation 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 )

Koss Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Koss is extremely important. It helps to project a fair market value of Koss Stock properly, considering its historical fundamentals such as Z Score. Since Koss' 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 Koss' 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 Koss' 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

Based on the company's disclosures, Koss Corporation has a Z Score of 4.43. This is 67.06% lower than that of the Household Durables sector and 52.23% higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 49.2% higher than that of the company.

Koss Z Score Peer Comparison

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

Koss Institutional Holders

Institutional Holdings refers to the ownership stake in Koss that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Koss' 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 Koss' value.
Shares
Advisor Group Holdings, Inc.2023-12-31
116
Qube Research & Technologies2023-12-31
50.0
Steward Partners Investment Advisory, Llc2023-12-31
49.0
Wells Fargo & Co2023-12-31
40.0
Nelson, Van Denburg & Campbell Wealth Management Group, Llc2023-12-31
7.0
Jpmorgan Chase & Co2023-12-31
7.0
Bnp Paribas Arbitrage, Sa2023-12-31
6.0
Bank Of America Corp2023-12-31
3.0
Royal Bank Of Canada2023-12-31
0.0
Vanguard Group Inc2023-12-31
262.5 K
Dimensional Fund Advisors, Inc.2023-12-31
136.5 K

Koss Fundamentals

About Koss Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Koss Corporation's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Koss using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Koss Corporation 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.
Koss Corporation, together with its subsidiaries, designs, manufactures, and sells stereo headphones and related accessories in the United States, the Czech Republic, Sweden, Canada, the Russian Federation, Ukraine, Malaysia, and internationally. Koss Corporation was founded in 1953 and is headquartered in Milwaukee, Wisconsin. Koss Cp operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. It employs 31 people.
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 Koss 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, Koss' short interest history, or implied volatility extrapolated from Koss options trading.

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When determining whether Koss is a strong investment it is important to analyze Koss' 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 Koss' future performance. For an informed investment choice regarding Koss Stock, refer to the following important reports:
Check out Koss Piotroski F Score and Koss Valuation analysis.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for Koss Stock analysis

When running Koss' price analysis, check to measure Koss' 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 Koss is operating at the current time. Most of Koss' value examination focuses on studying past and present price action to predict the probability of Koss' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koss' price. Additionally, you may evaluate how the addition of Koss to your portfolios can decrease your overall portfolio volatility.
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Is Koss' 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 Koss. If investors know Koss 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 Koss 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
0.371
Earnings Share
(0.12)
Revenue Per Share
1.429
Quarterly Revenue Growth
0.024
Return On Assets
(0.03)
The market value of Koss is measured differently than its book value, which is the value of Koss that is recorded on the company's balance sheet. Investors also form their own opinion of Koss' value that differs from its market value or its book value, called intrinsic value, which is Koss' 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 Koss' market value can be influenced by many factors that don't directly affect Koss' 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 Koss' value and its price as these two are different measures arrived at by different means. Investors typically determine if Koss is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Koss' 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.