Kang Yong Electric Stock Z Score
| KYE Stock | THB 319.00 2.00 0.63% |
Kang |
Kang Yong Electric Company Z Score Analysis
Kang Yong'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..
| |||||||
| |||||||
| |||||||
| |||||||
|
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 |
Based on the company's disclosures, Kang Yong Electric has a Z Score of 0.0. This is 100.0% lower than that of the Household Durables sector and 100.0% lower than that of the Consumer Discretionary industry. The z score for all Thailand stocks is 100.0% higher than that of the company.
Kang Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Kang Yong'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 Kang Yong could also be used in its relative valuation, which is a method of valuing Kang Yong by comparing valuation metrics of similar companies.Kang Yong is currently under evaluation in z score category among related companies.
Kang Fundamentals
| Return On Equity | 0.0203 | |||
| Return On Asset | -0.0198 | |||
| Profit Margin | 0.02 % | |||
| Operating Margin | (0.03) % | |||
| Current Valuation | 2.88 B | |||
| Shares Outstanding | 19.8 M | |||
| Shares Owned By Insiders | 76.21 % | |||
| Shares Owned By Institutions | 1.56 % | |||
| Price To Book | 0.81 X | |||
| Price To Sales | 0.70 X | |||
| Revenue | 7.9 B | |||
| Gross Profit | 905.31 M | |||
| EBITDA | 679.85 M | |||
| Net Income | 337.06 M | |||
| Cash And Equivalents | 2.98 B | |||
| Cash Per Share | 150.59 X | |||
| Current Ratio | 4.85 X | |||
| Book Value Per Share | 394.51 X | |||
| Cash Flow From Operations | (218.62 M) | |||
| Earnings Per Share | 3.29 X | |||
| Number Of Employees | 40 | |||
| Beta | 0.32 | |||
| Market Capitalization | 6.28 B | |||
| Total Asset | 10.25 B | |||
| Retained Earnings | 4.47 B | |||
| Working Capital | 4.24 B | |||
| Current Asset | 5.82 B | |||
| Current Liabilities | 1.57 B | |||
| Annual Yield | 0.03 % | |||
| Five Year Return | 5.32 % | |||
| Net Asset | 10.25 B | |||
| Last Dividend Paid | 8.55 |
About Kang Yong Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Kang Yong Electric's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Kang Yong using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Kang Yong Electric 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 Kang Yong 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, Kang Yong's short interest history, or implied volatility extrapolated from Kang Yong options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Kang Yong Electric. 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. Note that the Kang Yong Electric information on this page should be used as a complementary analysis to other Kang Yong's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for Kang Stock analysis
When running Kang Yong's price analysis, check to measure Kang Yong'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 Kang Yong is operating at the current time. Most of Kang Yong's value examination focuses on studying past and present price action to predict the probability of Kang Yong's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Kang Yong's price. Additionally, you may evaluate how the addition of Kang Yong to your portfolios can decrease your overall portfolio volatility.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Commodity Directory Find actively traded commodities issued by global exchanges |