Primeenergy Stock Z Score
| PNRG Stock | USD 102.46 1.82 1.75% |
PrimeEnergy | Z Score |
PrimeEnergy Company Z Score Analysis
PrimeEnergy'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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PrimeEnergy Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for PrimeEnergy is extremely important. It helps to project a fair market value of PrimeEnergy Stock properly, considering its historical fundamentals such as Z Score. Since PrimeEnergy's 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 PrimeEnergy's 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 PrimeEnergy's interrelated accounts and indicators.
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.
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Based on the company's disclosures, PrimeEnergy has a Z Score of 0.0. This is 100.0% lower than that of the Oil, Gas & Consumable Fuels sector and 100.0% lower than that of the Energy industry. The z score for all United States stocks is 100.0% higher than that of the company.
PrimeEnergy Current Valuation Drivers
We derive many important indicators used in calculating different scores of PrimeEnergy from analyzing PrimeEnergy's financial statements. These drivers represent accounts that assess PrimeEnergy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of PrimeEnergy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 305.5M | 86.1M | 139.6M | 169.7M | 152.8M | 160.4M | |
| Enterprise Value | 358.0M | 123.9M | 165.3M | 154.2M | 138.8M | 93.9M |
PrimeEnergy Institutional Holders
Institutional Holdings refers to the ownership stake in PrimeEnergy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of PrimeEnergy's 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 PrimeEnergy's value.| Shares | Advantage Alpha Capital Partners, Lp | 2023-12-31 | 4.9 K | New York State Common Retirement Fund | 2023-12-31 | 4.2 K | Strs Ohio | 2023-12-31 | 3.6 K | Wedbush Morgan Securities Inc | 2023-12-31 | 3.2 K | Citadel Advisors Llc | 3 K | Susquehanna International Group, Llp | 2023-12-31 | 2.9 K | Bank Of America Corp | 2023-12-31 | 2.6 K | Renaissance Technologies Corp | 2023-12-31 | 2.4 K | Bnp Paribas Arbitrage, Sa | 2023-12-31 | 2.3 K | Blackrock Inc | 2023-12-31 | 36.5 K | Vanguard Group Inc | 2023-12-31 | 30.6 K |
PrimeEnergy Fundamentals
| Return On Equity | 0.19 | |||
| Return On Asset | 0.0604 | |||
| Profit Margin | 0.23 % | |||
| Operating Margin | 0.16 % | |||
| Current Valuation | 172.65 M | |||
| Shares Outstanding | 1.79 M | |||
| Shares Owned By Insiders | 69.97 % | |||
| Shares Owned By Institutions | 11.79 % | |||
| Number Of Shares Shorted | 3.52 K | |||
| Price To Earning | 8.09 X | |||
| Price To Book | 1.17 X | |||
| Price To Sales | 1.63 X | |||
| Revenue | 123.12 M | |||
| Gross Profit | 88.22 M | |||
| EBITDA | 56.73 M | |||
| Net Income | 28.1 M | |||
| Cash And Equivalents | 11.07 M | |||
| Cash Per Share | 5.72 X | |||
| Total Debt | 284 K | |||
| Debt To Equity | 0.01 % | |||
| Current Ratio | 1.16 X | |||
| Book Value Per Share | 88.43 X | |||
| Cash Flow From Operations | 109.02 M | |||
| Short Ratio | 3.60 X | |||
| Earnings Per Share | 10.77 X | |||
| Number Of Employees | 115 | |||
| Beta | 0.55 | |||
| Market Capitalization | 183.43 M | |||
| Total Asset | 289.45 M | |||
| Retained Earnings | 205.67 M | |||
| Working Capital | (33.03 M) | |||
| Current Asset | 16.92 M | |||
| Current Liabilities | 90.78 M | |||
| Net Asset | 289.45 M |
About PrimeEnergy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PrimeEnergy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PrimeEnergy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PrimeEnergy 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.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as PrimeEnergy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.Build Optimal Portfolios
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Check out PrimeEnergy Piotroski F Score and PrimeEnergy Valuation analysis. For more detail on how to invest in PrimeEnergy Stock please use our How to Invest in PrimeEnergy guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for PrimeEnergy Stock analysis
When running PrimeEnergy's price analysis, check to measure PrimeEnergy'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 PrimeEnergy is operating at the current time. Most of PrimeEnergy's value examination focuses on studying past and present price action to predict the probability of PrimeEnergy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PrimeEnergy's price. Additionally, you may evaluate how the addition of PrimeEnergy to your portfolios can decrease your overall portfolio volatility.
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Is PrimeEnergy's 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 PrimeEnergy. If investors know PrimeEnergy 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 PrimeEnergy 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 (0.55) | Earnings Share 10.77 | Revenue Per Share 66.787 | Quarterly Revenue Growth 0.48 | Return On Assets 0.0604 |
The market value of PrimeEnergy is measured differently than its book value, which is the value of PrimeEnergy that is recorded on the company's balance sheet. Investors also form their own opinion of PrimeEnergy's value that differs from its market value or its book value, called intrinsic value, which is PrimeEnergy's 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 PrimeEnergy's market value can be influenced by many factors that don't directly affect PrimeEnergy's 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 PrimeEnergy's value and its price as these two are different measures arrived at by different means. Investors typically determine if PrimeEnergy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PrimeEnergy's 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.