Forgerock Stock Z Score
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 Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
ForgeRock |
ForgeRock Company Z Score Analysis
ForgeRock'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..
Current ForgeRock Z Score | 23.01 |
Most of ForgeRock's 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, ForgeRock 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.
CompetitionAccording to the company's disclosures, ForgeRock has a Z Score of 23.01. This is 71.08% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 163.88% lower than that of the firm.
Did you try this?
Run Latest Portfolios Now
Latest PortfoliosQuick portfolio dashboard that showcases your latest portfolios |
All Next | Launch Module |
ForgeRock Fundamentals
Return On Equity | -0.27 | |||
Return On Asset | -0.0909 | |||
Profit Margin | (0.34) % | |||
Operating Margin | (0.28) % | |||
Current Valuation | 1.8 B | |||
Shares Outstanding | 52.85 M | |||
Shares Owned By Insiders | 4.79 % | |||
Shares Owned By Institutions | 84.77 % | |||
Number Of Shares Shorted | 2.65 M | |||
Price To Book | 6.37 X | |||
Price To Sales | 9.96 X | |||
Revenue | 217.51 M | |||
Gross Profit | 177.97 M | |||
EBITDA | (56.35 M) | |||
Net Income | (66.27 M) | |||
Cash And Equivalents | 347.21 M | |||
Cash Per Share | 4.08 X | |||
Total Debt | 50.72 M | |||
Debt To Equity | 0.16 % | |||
Current Ratio | 4.68 X | |||
Book Value Per Share | 3.24 X | |||
Cash Flow From Operations | (45.01 M) | |||
Short Ratio | 4.25 X | |||
Earnings Per Share | (1.03) X | |||
Price To Earnings To Growth | 1.08 X | |||
Target Price | 23.13 | |||
Number Of Employees | 923 | |||
Market Capitalization | 1.95 B | |||
Total Asset | 494.18 M | |||
Retained Earnings | (330.1 M) | |||
Working Capital | 331.59 M | |||
Z Score | 23.01 | |||
Net Asset | 494.18 M |
Currently Active Assets on Macroaxis
USOI | Credit Suisse X Links | |
ULTY | Tidal Trust II | |
CONY | YieldMax N Option | |
BCAT | BlackRock Capital Allocation | |
PDI | Pimco Dynamic Income |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Other Consideration for investing in ForgeRock Stock
If you are still planning to invest in ForgeRock check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the ForgeRock's history and understand the potential risks before investing.
Share Portfolio Track or share privately all of your investments from the convenience of any device | |
Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
Equity Valuation Check real value of public entities based on technical and fundamental data | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets |