| LAND Stock | | | CHF 56.00 0.70 1.23% |
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
Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LandisGyr Group AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
LandisGyr Group AG Company Z Score Analysis
LandisGyr Group'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..
Current LandisGyr Group Z Score | | | | 13.2 |
Most of LandisGyr Group's 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, LandisGyr Group AG 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 ) |
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| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
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| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
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| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
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| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
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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.
Based on the company's disclosures, LandisGyr Group AG has a Z Score of 13.2. This indicator is about the same for the Technology average (which is currently at 13.45) sector and notably higher than that of the
Electronic Components industry. The z score for all Switzerland stocks is 51.38% lower than that of the firm.
LandisGyr Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses LandisGyr Group'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 LandisGyr Group could also be used in its relative valuation, which is a method of valuing LandisGyr Group by comparing valuation metrics of similar companies.
LandisGyr Group is currently under evaluation in z score category among its peers.
LandisGyr Fundamentals
About LandisGyr Group Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze LandisGyr Group AG's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of LandisGyr Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of LandisGyr Group AG 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 LandisGyr Stock Analysis
When running LandisGyr Group's price analysis, check to
measure LandisGyr Group'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 LandisGyr Group is operating at the current time. Most of LandisGyr Group's value examination focuses on studying past and present price action to
predict the probability of LandisGyr Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LandisGyr Group's price. Additionally, you may evaluate how the addition of LandisGyr Group to your portfolios can decrease your overall portfolio volatility.