Russel Metals Stock Z Score
| RMZ Stock | EUR 26.80 0.20 0.74% |
Russel |
Russel Metals Company Z Score Analysis
Russel Metals' 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 Russel Metals Z Score | 5.0 |
Most of Russel Metals' 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, Russel Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| |||||||
| |||||||
| |||||||
| |||||||
|
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, Russel Metals has a Z Score of 5.0. This is 22.85% higher than that of the Industrials sector and 14.38% lower than that of the Industrial Distribution industry. The z score for all Germany stocks is 42.66% higher than that of the company.
Russel Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Russel Metals' 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 Russel Metals could also be used in its relative valuation, which is a method of valuing Russel Metals by comparing valuation metrics of similar companies.Russel Metals is currently under evaluation in z score category among related companies.
Russel Fundamentals
| Return On Equity | 0.26 | |||
| Return On Asset | 0.12 | |||
| Profit Margin | 0.07 % | |||
| Operating Margin | 0.09 % | |||
| Current Valuation | 1.4 B | |||
| Shares Outstanding | 62.1 M | |||
| Shares Owned By Insiders | 0.84 % | |||
| Shares Owned By Institutions | 26.86 % | |||
| Price To Earning | 5.70 X | |||
| Price To Book | 1.14 X | |||
| Price To Sales | 0.24 X | |||
| Revenue | 5.07 B | |||
| Gross Profit | 1.11 B | |||
| EBITDA | 581.1 M | |||
| Net Income | 371.9 M | |||
| Cash And Equivalents | 55.1 M | |||
| Cash Per Share | 0.89 X | |||
| Total Debt | 296 M | |||
| Debt To Equity | 70.60 % | |||
| Current Ratio | 2.99 X | |||
| Book Value Per Share | 25.11 X | |||
| Cash Flow From Operations | 359.9 M | |||
| Earnings Per Share | 4.08 X | |||
| Number Of Employees | 3.35 K | |||
| Beta | 1.56 | |||
| Market Capitalization | 1.53 B | |||
| Total Asset | 2.51 B | |||
| Z Score | 5.0 | |||
| Annual Yield | 0.04 % | |||
| Five Year Return | 6.24 % | |||
| Net Asset | 2.51 B | |||
| Last Dividend Paid | 1.52 |
About Russel Metals Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Russel Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Russel Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Russel Metals 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 Russel Metals 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, Russel Metals' short interest history, or implied volatility extrapolated from Russel Metals options trading.
Currently Active Assets on Macroaxis
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Russel Metals. 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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Complementary Tools for Russel Stock analysis
When running Russel Metals' price analysis, check to measure Russel Metals' 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 Russel Metals is operating at the current time. Most of Russel Metals' value examination focuses on studying past and present price action to predict the probability of Russel Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Russel Metals' price. Additionally, you may evaluate how the addition of Russel Metals to your portfolios can decrease your overall portfolio volatility.
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data |