Assa Abloy Ab Stock Probability Of Bankruptcy

ASAZY Stock  USD 15.66  0.23  1.49%   
Assa Abloy's odds of distress is under 9% at this time. It has tiny probability of undergoing some form of financial crisis in the near future. Probability of bankruptcy shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Assa balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Assa Abloy AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  

Assa Abloy AB Company probability of bankruptcy Analysis

Assa Abloy's 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.

Probability Of Bankruptcy

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Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Assa Abloy Probability Of Bankruptcy

    
  Less than 9%  
Most of Assa Abloy's 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, Assa Abloy AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Assa Abloy 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 Assa Abloy 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 Assa Abloy AB financial health.
Please note, there is a significant difference between Assa Abloy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Assa Abloy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Assa Abloy'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.
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, Assa Abloy AB has a Probability Of Bankruptcy of 9.0%. This is 78.86% lower than that of the Industrials sector and 80.53% lower than that of the Security & Protection Services industry. The probability of bankruptcy for all United States stocks is 77.4% higher than that of the company.

Assa Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Assa Abloy's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the pink sheets which would be a good addition to a portfolio. Peer analysis of Assa Abloy could also be used in its relative valuation, which is a method of valuing Assa Abloy by comparing valuation metrics of similar companies.
Assa Abloy is currently under evaluation in probability of bankruptcy category among its peers.

Assa Fundamentals

About Assa Abloy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Assa Abloy AB's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Assa Abloy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Assa Abloy AB 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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Additional Tools for Assa Pink Sheet Analysis

When running Assa Abloy's price analysis, check to measure Assa Abloy'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 Assa Abloy is operating at the current time. Most of Assa Abloy's value examination focuses on studying past and present price action to predict the probability of Assa Abloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Assa Abloy's price. Additionally, you may evaluate how the addition of Assa Abloy to your portfolios can decrease your overall portfolio volatility.