Afc Ajax Nv Stock Probability Of Bankruptcy
| AJAX Stock | EUR 10.40 0.05 0.48% |
AFC |
AFC Ajax NV Company probability of financial unrest Analysis
AFC Ajax'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.
More About Probability Of Bankruptcy | All Equity Analysis
Probability Of Bankruptcy | = | Normalized | | Z-Score |
Current AFC Ajax Probability Of Bankruptcy | Over 63% |
Most of AFC Ajax'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, AFC Ajax NV is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of AFC Ajax 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 AFC Ajax 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 AFC Ajax NV 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, AFC Ajax NV has a Probability Of Bankruptcy of 63%. This is 52.21% higher than that of the Entertainment sector and 62.08% higher than that of the Communication Services industry. The probability of bankruptcy for all Netherlands stocks is 58.17% lower than that of the firm.
AFC Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses AFC Ajax's 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 AFC Ajax could also be used in its relative valuation, which is a method of valuing AFC Ajax by comparing valuation metrics of similar companies.AFC Ajax is currently under evaluation in probability of bankruptcy category among related companies.
AFC Fundamentals
| Return On Equity | -0.12 | |||
| Return On Asset | -0.0785 | |||
| Profit Margin | (0.13) % | |||
| Operating Margin | (0.32) % | |||
| Current Valuation | 313.81 M | |||
| Shares Outstanding | 18.33 M | |||
| Shares Owned By Insiders | 7.00 % | |||
| Shares Owned By Institutions | 13.87 % | |||
| Price To Earning | 44.51 X | |||
| Price To Book | 1.07 X | |||
| Price To Sales | 1.10 X | |||
| Revenue | 184.27 M | |||
| Gross Profit | 170.28 M | |||
| EBITDA | 40.54 M | |||
| Net Income | (24.32 M) | |||
| Cash And Equivalents | 42 M | |||
| Cash Per Share | 2.29 X | |||
| Total Debt | 146.6 M | |||
| Debt To Equity | 0.66 % | |||
| Current Ratio | 1.32 X | |||
| Book Value Per Share | 10.78 X | |||
| Cash Flow From Operations | 3.69 M | |||
| Earnings Per Share | (2.40) X | |||
| Target Price | 17.0 | |||
| Number Of Employees | 448 | |||
| Beta | 0.49 | |||
| Market Capitalization | 210.83 M | |||
| Total Asset | 463.62 M | |||
| Z Score | 0.6 | |||
| Annual Yield | 0.02 % | |||
| Net Asset | 463.62 M |
About AFC Ajax Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze AFC Ajax NV's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AFC Ajax using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AFC Ajax NV 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards AFC Ajax in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, AFC Ajax's short interest history, or implied volatility extrapolated from AFC Ajax options trading.
Pair Trading with AFC Ajax
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AFC Ajax position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AFC Ajax will appreciate offsetting losses from the drop in the long position's value.Moving against AFC Stock
| 0.5 | PSH | Pershing Square Holdings | PairCorr |
| 0.48 | NRP | NEPI Rockcastle PLC | PairCorr |
The ability to find closely correlated positions to AFC Ajax could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AFC Ajax when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AFC Ajax - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AFC Ajax NV to buy it.
The correlation of AFC Ajax is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AFC Ajax moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AFC Ajax NV moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AFC Ajax can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AFC Ajax NV. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Complementary Tools for AFC Stock analysis
When running AFC Ajax's price analysis, check to measure AFC Ajax'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 AFC Ajax is operating at the current time. Most of AFC Ajax's value examination focuses on studying past and present price action to predict the probability of AFC Ajax's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFC Ajax's price. Additionally, you may evaluate how the addition of AFC Ajax to your portfolios can decrease your overall portfolio volatility.
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