First Capital Stock Z Score

FCAP Stock  USD 31.97  0.44  1.40%   
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 First Capital Piotroski F Score and First Capital Valuation analysis.
To learn how to invest in First Stock, please use our How to Invest in First Capital guide.
  
At this time, First Capital's Capital Expenditures is relatively stable compared to the past year. As of 12/25/2024, Return On Capital Employed is likely to grow to 0.03, while Capital Surpluse is likely to drop slightly above 38.7 M. At this time, First Capital's Depreciation And Amortization is relatively stable compared to the past year. As of 12/25/2024, Other Operating Expenses is likely to grow to about 44.3 M, while Total Revenue is likely to drop slightly above 24 M.

First Capital Company Z Score Analysis

First Capital'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 )

First Z Score Driver Correlations

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

According to the company's disclosures, First Capital has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

First Z Score Peer Comparison

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

First Capital Current Valuation Drivers

We derive many important indicators used in calculating different scores of First Capital from analyzing First Capital's financial statements. These drivers represent accounts that assess First Capital's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of First Capital's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap122.2M141.4M202.3M83.5M93.4M54.3M
Enterprise Value102.7M114.6M160.8M50.9M45.6M57.4M

First Capital 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, First Capital's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to First Capital's managers, analysts, and investors.
Environmental
Governance
Social

First Capital Institutional Holders

Institutional Holdings refers to the ownership stake in First Capital that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of First Capital'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 First Capital's value.
Shares
Mariner Wealth Advisors Llc2024-09-30
11 K
Susquehanna International Group, Llp2024-09-30
10.9 K
State Street Corp2024-09-30
9.6 K
Raymond James & Associates2024-09-30
K
Hrt Financial Llc2024-09-30
7.9 K
Northern Trust Corp2024-09-30
K
Morgan Stanley - Brokerage Accounts2024-09-30
5.5 K
Fifth Third Bancorp2024-09-30
1.4 K
Ubs Group Ag2024-09-30
1.2 K
Siena Capital Management, Llc2024-09-30
103 K
Vanguard Group Inc2024-09-30
93.2 K

First Fundamentals

About First Capital Fundamental Analysis

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

Pair Trading with First Capital

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 First Capital 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 First Capital will appreciate offsetting losses from the drop in the long position's value.

Moving together with First Stock

  0.72NU Nu HoldingsPairCorr

Moving against First Stock

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  0.72EFSC Enterprise Financial Fiscal Year End 27th of January 2025 PairCorr
  0.7BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.66EGBN Eagle Bancorp Fiscal Year End 22nd of January 2025 PairCorr
The ability to find closely correlated positions to First Capital could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace First Capital 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 First Capital - 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 First Capital to buy it.
The correlation of First Capital 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 First Capital moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if First Capital 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 First Capital 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.
Pair CorrelationCorrelation Matching

Additional Tools for First Stock Analysis

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