Shyft Group Stock Z Score

SHYF Stock

USD 14.10 0.16 1.12%

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 Shyft Piotroski F Score and Shyft Valuation analysis.

At this time, Shyft's Capital Expenditures is most likely to increase significantly in the upcoming years. The Shyft's current Change In Working Capital is estimated to increase to about 33.1 M, while Net Invested Capital is projected to decrease to roughly 292 M. At this time, Shyft's Gross Profit is most likely to increase significantly in the upcoming years. The Shyft's current Other Operating Expenses is estimated to increase to about 908.7 M, while Operating Income is projected to decrease to roughly 6.4 M.

Shyft Group Company Z Score Analysis

Shyft'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..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Shyft Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Shyft is extremely important. It helps to project a fair market value of Shyft Stock properly, considering its historical fundamentals such as Z Score. Since Shyft'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 Shyft'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 Shyft's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Accounts Payable	Intangible Assets	Current Deferred Revenue	Common Stock	Good Will	Short Term Investments	Long Term Debt	Long Term Debt Total	Capital Surpluse	Property Plant Equipment	Net Tangible Assets	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.91	0.82	0.89	0.91	0.96	0.96	0.84	0.94	0.81	-0.6	0.75	0.9	0.62	0.67	0.75	0.81	0.63	0.49	0.8	0.89	0.6	0.73
Total Stockholder Equity	0.91		0.55	0.98	0.81	0.76	0.88	0.71	0.82	0.67	-0.77	0.72	0.8	0.73	0.34	0.44	0.64	0.59	0.5	0.65	0.71	0.47	0.7
Net Debt	0.82	0.55		0.59	0.74	0.91	0.71	0.89	0.8	0.84	-0.12	0.73	0.77	0.26	0.83	0.92	0.85	0.61	0.4	0.88	0.92	0.52	0.7
Retained Earnings	0.89	0.98	0.59		0.83	0.75	0.86	0.77	0.85	0.68	-0.64	0.78	0.79	0.64	0.32	0.42	0.66	0.61	0.59	0.71	0.76	0.55	0.76
Net Receivables	0.91	0.81	0.74	0.83		0.88	0.92	0.8	0.98	0.62	-0.42	0.73	0.78	0.47	0.54	0.63	0.75	0.44	0.7	0.76	0.86	0.78	0.71
Total Liab	0.96	0.76	0.91	0.75	0.88		0.92	0.84	0.92	0.82	-0.42	0.7	0.87	0.48	0.82	0.88	0.84	0.59	0.44	0.81	0.91	0.62	0.67
Total Current Assets	0.96	0.88	0.71	0.86	0.92	0.92		0.72	0.92	0.64	-0.65	0.59	0.78	0.65	0.64	0.7	0.7	0.42	0.53	0.7	0.8	0.71	0.57
Short Term Debt	0.84	0.71	0.89	0.77	0.8	0.84	0.72		0.86	0.8	-0.19	0.91	0.75	0.38	0.54	0.7	0.89	0.7	0.64	0.98	0.93	0.52	0.87
Accounts Payable	0.94	0.82	0.8	0.85	0.98	0.92	0.92	0.86		0.72	-0.39	0.79	0.83	0.46	0.58	0.68	0.81	0.55	0.67	0.81	0.91	0.75	0.77
Intangible Assets	0.81	0.67	0.84	0.68	0.62	0.82	0.64	0.8	0.72		-0.29	0.83	0.92	0.33	0.65	0.69	0.78	0.89	0.2	0.7	0.84	0.26	0.83
Current Deferred Revenue	-0.6	-0.77	-0.12	-0.64	-0.42	-0.42	-0.65	-0.19	-0.39	-0.29		-0.2	-0.46	-0.85	-0.18	-0.19	-0.23	-0.2	-0.09	-0.17	-0.21	-0.1	-0.19
Common Stock	0.75	0.72	0.73	0.78	0.73	0.7	0.59	0.91	0.79	0.83	-0.2		0.8	0.3	0.31	0.44	0.78	0.83	0.54	0.81	0.83	0.36	0.99
Good Will	0.9	0.8	0.77	0.79	0.78	0.87	0.78	0.75	0.83	0.92	-0.46	0.8		0.48	0.64	0.66	0.81	0.79	0.31	0.65	0.82	0.36	0.81
Short Term Investments	0.62	0.73	0.26	0.64	0.47	0.48	0.65	0.38	0.46	0.33	-0.85	0.3	0.48		0.29	0.3	0.52	0.28	0.41	0.37	0.39	0.13	0.33
Long Term Debt	0.67	0.34	0.83	0.32	0.54	0.82	0.64	0.54	0.58	0.65	-0.18	0.31	0.64	0.29		0.95	0.65	0.33	0.14	0.53	0.7	0.45	0.31
Long Term Debt Total	0.75	0.44	0.92	0.42	0.63	0.88	0.7	0.7	0.68	0.69	-0.19	0.44	0.66	0.3	0.95		0.75	0.38	0.23	0.73	0.77	0.48	0.4
Capital Surpluse	0.81	0.64	0.85	0.66	0.75	0.84	0.7	0.89	0.81	0.78	-0.23	0.78	0.81	0.52	0.65	0.75		0.68	0.59	0.87	0.88	0.37	0.77
Property Plant Equipment	0.63	0.59	0.61	0.61	0.44	0.59	0.42	0.7	0.55	0.89	-0.2	0.83	0.79	0.28	0.33	0.38	0.68		0.21	0.58	0.69	0.06	0.85
Net Tangible Assets	0.49	0.5	0.4	0.59	0.7	0.44	0.53	0.64	0.67	0.2	-0.09	0.54	0.31	0.41	0.14	0.23	0.59	0.21		0.62	0.65	0.69	0.56
Short Long Term Debt	0.8	0.65	0.88	0.71	0.76	0.81	0.7	0.98	0.81	0.7	-0.17	0.81	0.65	0.37	0.53	0.73	0.87	0.58	0.62		0.87	0.52	0.74
Net Invested Capital	0.89	0.71	0.92	0.76	0.86	0.91	0.8	0.93	0.91	0.84	-0.21	0.83	0.82	0.39	0.7	0.77	0.88	0.69	0.65	0.87		0.67	0.83
Net Working Capital	0.6	0.47	0.52	0.55	0.78	0.62	0.71	0.52	0.75	0.26	-0.1	0.36	0.36	0.13	0.45	0.48	0.37	0.06	0.69	0.52	0.67		0.34
Capital Stock	0.73	0.7	0.7	0.76	0.71	0.67	0.57	0.87	0.77	0.83	-0.19	0.99	0.81	0.33	0.31	0.4	0.77	0.85	0.56	0.74	0.83	0.34

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.

Competition

Predict Shyft

Based on the company's disclosures, Shyft Group has a Z Score of 0.0. This is 100.0% lower than that of the Machinery sector and about the same as Industrials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

Shyft ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Shyft's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Shyft's managers, analysts, and investors.

Environmental

Governance

Social

Shyft Institutional Holders

Institutional Holdings refers to the ownership stake in Shyft that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shyft'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 Shyft's value.

		Shares
State Street Corp	2024-06-30	701.1 K
Wells Fargo & Co	2024-06-30	586.5 K
Schwerin Boyle Capital Management Inc	2024-09-30	582.7 K
Jacobs Levy Equity Management, Inc.	2024-09-30	564.2 K
Orchard Capital Management, Llc	2024-06-30	548.6 K
Arnhold & S. Bleichroeder Advisers, Llc	2024-09-30	499.5 K
Federated Hermes Inc	2024-09-30	472.3 K
Charles Schwab Investment Management Inc	2024-09-30	444.8 K
Centaurus Financial Inc	2024-09-30	433.1 K
Pzena Investment Management, Llc	2024-09-30	3.1 M
Blackrock Inc	2024-06-30	2.7 M

Shyft Fundamentals

	Return On Equity	-0.0149
	Return On Asset	8.0E-4
	Profit Margin	(0) %
	Operating Margin	0.03 %
	Current Valuation	649.26 M
	Shares Outstanding	34.49 M
	Shares Owned By Insiders	9.44 %
	Shares Owned By Institutions	89.20 %
	Number Of Shares Shorted	1.3 M
	Price To Earning	15.13 X
	Price To Book	1.93 X
	Price To Sales	0.62 X
	Revenue	872.2 M
	Gross Profit	180.43 M
	EBITDA	24.18 M
	Net Income	6.46 M
	Cash And Equivalents	2.86 M
	Cash Per Share	0.08 X
	Total Debt	132.37 M
	Debt To Equity	0.58 %
	Current Ratio	1.76 X
	Book Value Per Share	7.33 X
	Cash Flow From Operations	56.24 M
	Short Ratio	4.52 X
	Earnings Per Share	(0.10) X
	Price To Earnings To Growth	1.33 X
	Target Price	16.0
	Number Of Employees	3 K
	Beta	1.62
	Market Capitalization	491.89 M
	Total Asset	530.05 M
	Retained Earnings	158.46 M
	Working Capital	104.1 M
	Annual Yield	0.01 %
	Five Year Return	0.63 %
	Net Asset	530.05 M
	Last Dividend Paid	0.2

About Shyft Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shyft Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shyft using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shyft Group 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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When determining whether Shyft Group is a strong investment it is important to analyze Shyft's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Shyft's future performance. For an informed investment choice regarding Shyft Stock, refer to the following important reports:

How To Invest In Shyft

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Is Shyft Stock a good investment?

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What is Shyft's Net Worth?

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Check out Shyft Piotroski F Score and Shyft Valuation analysis.

You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Is Industrial Machinery & Supplies & Components space 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 Shyft. If investors know Shyft 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 Shyft 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

(0.31)

Dividend Share

0.2

Earnings Share

(0.10)

Revenue Per Share

22.898

Quarterly Revenue Growth

(0.04)

The market value of Shyft Group is measured differently than its book value, which is the value of Shyft that is recorded on the company's balance sheet. Investors also form their own opinion of Shyft's value that differs from its market value or its book value, called intrinsic value, which is Shyft'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 Shyft's market value can be influenced by many factors that don't directly affect Shyft'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 Shyft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shyft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shyft'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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Shyft Group Stock Z Score

Shyft Group Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Shyft Z Score Driver Correlations

Shyft ESG Sustainability

Shyft Institutional Holders

Shyft Fundamentals

About Shyft Fundamental Analysis

Currently Active Assets on Macroaxis

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