Mfs High Yield Stock Probability Of Bankruptcy

CMU Stock  USD 3.56  0.01  0.28%   
MFS High's odds of distress is under 8% at this time. It has tiny probability of undergoing some form of financial trouble in the near future. Probability of financial unrest prediction helps decision makers evaluate MFS High's chance of financial distress in relation to its going-concern outlook and evaluation. All items used in analyzing the odds of distress are taken from the MFS balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out MFS High Piotroski F Score and MFS High Altman Z Score analysis.
  
Market Cap is likely to gain to about 117.7 M in 2024. Enterprise Value is likely to gain to about 197.1 M in 2024

MFS High Yield Company probability of financial unrest Analysis

MFS High'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.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current MFS High Probability Of Bankruptcy

    
  Less than 8%  
Most of MFS High'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, MFS High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of MFS High 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 MFS High 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 MFS High Yield financial health.
Is Asset Management & Custody Banks 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 MFS High. If investors know MFS 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 MFS High 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
1.876
Dividend Share
0.141
Earnings Share
0.18
Revenue Per Share
0.304
Quarterly Revenue Growth
(0.12)
The market value of MFS High Yield is measured differently than its book value, which is the value of MFS that is recorded on the company's balance sheet. Investors also form their own opinion of MFS High's value that differs from its market value or its book value, called intrinsic value, which is MFS High'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 MFS High's market value can be influenced by many factors that don't directly affect MFS High'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 MFS High's value and its price as these two are different measures arrived at by different means. Investors typically determine if MFS High is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MFS High'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.

MFS Probability Of Bankruptcy Driver Correlations

Understanding the fundamental principles of building solid financial models for MFS High is extremely important. It helps to project a fair market value of MFS Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since MFS High'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 MFS High'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 MFS High's interrelated accounts and indicators.
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0.851.0-0.140.160.13-0.46-0.140.860.53-0.54-0.54-0.270.60.280.540.270.47
0.81.0-0.160.170.14-0.47-0.170.810.46-0.5-0.5-0.260.570.240.520.240.41
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0.690.540.52-0.58-0.13-0.620.260.430.690.66-0.79-0.84-0.590.980.610.60.77
0.560.270.240.14-0.04-0.15-0.01-0.050.570.75-0.77-0.71-0.150.531.00.60.89
0.790.470.410.02-0.09-0.230.060.090.80.94-0.86-0.84-0.370.750.90.770.89
Click cells to compare fundamentals
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, MFS High Yield has a Probability Of Bankruptcy of 8.0%. This is 83.98% lower than that of the Capital Markets sector and 80.1% lower than that of the Financials industry. The probability of bankruptcy for all United States stocks is 79.91% higher than that of the company.

MFS Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses MFS High'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 MFS High could also be used in its relative valuation, which is a method of valuing MFS High by comparing valuation metrics of similar companies.
MFS High is currently under evaluation in probability of bankruptcy category among its peers.

MFS High Main Bankruptcy Drivers

201920202021202220232024 (projected)
Return On Assets0.0023750.0463(0.16)0.008170.0093950.008926
Asset Turnover0.0037570.0477(0.16)0.05320.06120.0323
Gross Profit Margin(0.8)0.861.050.850.970.67
Total Current Liabilities866.3K7.8M704.0K2.0M2.2M2.1M
Total Assets209.4M220.6M175.7M155.0M139.5M166.4M
Total Current Assets4.0M5.9M3.0M2.8M3.2M2.8M
Total Cash From Operating Activities6.0M6.0M10.0M23.1M26.6M27.9M

MFS Fundamentals

About MFS High Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze MFS High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS High Yield 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 MFS Stock Analysis

When running MFS High's price analysis, check to measure MFS High'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 MFS High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.