Nippon Sheet Glass Stock Z Score
| NI9 Stock | EUR 3.10 0.00 0.00% |
NIPPON |
NIPPON SHEET GLASS Company Z Score Analysis
NIPPON SHEET'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..
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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, NIPPON SHEET GLASS has a Z Score of 0.0. This indicator is about the same for the Other average (which is currently at 0.0) sector and about the same as Other (which currently averages 0.0) industry. This indicator is about the same for all Germany stocks average (which is currently at 0.0).
NIPPON Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses NIPPON SHEET'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 NIPPON SHEET could also be used in its relative valuation, which is a method of valuing NIPPON SHEET by comparing valuation metrics of similar companies.NIPPON SHEET is currently under evaluation in z score category among related companies.
NIPPON Fundamentals
| Current Valuation | 3.42 B | |||
| Price To Book | 0.37 X | |||
| Price To Sales | 0.08 X | |||
| Revenue | 600.57 B | |||
| EBITDA | 26.45 B | |||
| Net Income | 4.13 B | |||
| Total Debt | 352.02 B | |||
| Cash Flow From Operations | 45.06 B | |||
| Total Asset | 939.28 B | |||
| Net Asset | 939.28 B | |||
| Last Dividend Paid | 20.0 |
About NIPPON SHEET Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze NIPPON SHEET GLASS's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NIPPON SHEET using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NIPPON SHEET GLASS 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.
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in NIPPON SHEET GLASS. 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. Note that the NIPPON SHEET GLASS information on this page should be used as a complementary analysis to other NIPPON SHEET's 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for NIPPON Stock analysis
When running NIPPON SHEET's price analysis, check to measure NIPPON SHEET'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 NIPPON SHEET is operating at the current time. Most of NIPPON SHEET's value examination focuses on studying past and present price action to predict the probability of NIPPON SHEET's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move NIPPON SHEET's price. Additionally, you may evaluate how the addition of NIPPON SHEET to your portfolios can decrease your overall portfolio volatility.
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