Nexgram Holdings Bhd Stock Probability Of Bankruptcy
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Nexgram |
Nexgram Holdings Bhd Company odds of financial distress Analysis
Nexgram Holdings' Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current Nexgram Holdings Probability Of Bankruptcy | Over 58% |
Most of Nexgram Holdings' fundamental indicators, such as Probability Of Bankruptcy, 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, Nexgram Holdings Bhd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Nexgram Holdings probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Nexgram Holdings odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Nexgram Holdings Bhd financial health.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition |
Based on the latest financial disclosure, Nexgram Holdings Bhd has a Probability Of Bankruptcy of 58%. This is much higher than that of the Information Technology sector and significantly higher than that of the Software industry. The probability of bankruptcy for all Malaysia stocks is notably lower than that of the firm.
Nexgram Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexgram Holdings' direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexgram Holdings could also be used in its relative valuation, which is a method of valuing Nexgram Holdings by comparing valuation metrics of similar companies.Nexgram Holdings is rated below average in probability of bankruptcy category among its peers.
Nexgram Fundamentals
Return On Equity | -17.64 | |||
Current Valuation | 38.57 M | |||
Price To Book | 0.32 X | |||
Price To Sales | 0.91 X | |||
Revenue | 31.02 M | |||
EBITDA | (14.35 M) | |||
Net Income | (16.95 M) | |||
Total Debt | 12.74 M | |||
Cash Flow From Operations | 36.49 M | |||
Market Capitalization | 22.08 M | |||
Total Asset | 151.54 M | |||
Z Score | 0.6 | |||
Net Asset | 151.54 M |
About Nexgram Holdings Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexgram Holdings Bhd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexgram Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexgram Holdings Bhd 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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Nexgram Holdings financial ratios help investors to determine whether Nexgram Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nexgram with respect to the benefits of owning Nexgram Holdings security.