Universal Stainless Alloy Stock Z Score

USAP Stock

USD 44.08 0.03 0.07%

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 Universal Stainless Piotroski F Score and Universal Stainless Valuation analysis.

At this time, Universal Stainless' Return On Capital Employed is relatively stable compared to the past year. As of 12/22/2024, Capital Expenditure Coverage Ratio is likely to grow to 2.03, while Capital Surpluse is likely to drop slightly above 78.9 M. At this time, Universal Stainless' Reconciled Depreciation is relatively stable compared to the past year.

Universal Stainless Alloy Company Z Score Analysis

Universal Stainless' 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 )

Universal Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt	Treasury Stock	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.92	0.74	0.96	0.57	0.78	0.88	0.87	0.15	0.76	-0.72	0.42	0.93	0.59	0.33	-0.01	0.29	-0.22	-0.06	-0.01	0.18	0.18
Total Stockholder Equity	0.92		0.54	0.91	0.62	0.69	0.63	0.9	0.37	0.51	-0.83	0.66	0.82	0.44	0.61	-0.32	0.57	-0.47	0.15	-0.07	0.32	0.13
Net Debt	0.74	0.54		0.69	0.2	0.58	0.84	0.55	-0.11	0.91	-0.5	0.12	0.76	0.37	0.01	0.37	-0.03	-0.08	-0.21	-0.18	0.18	-0.21
Retained Earnings	0.96	0.91	0.69		0.46	0.65	0.82	0.75	0.22	0.68	-0.8	0.33	0.96	0.52	0.27	-0.14	0.18	-0.21	0.02	0.09	0.01	0.2
Accounts Payable	0.57	0.62	0.2	0.46		0.8	0.39	0.8	-0.03	0.23	-0.38	0.64	0.33	0.67	0.58	-0.18	0.56	-0.37	-0.22	-0.05	0.52	0.02
Net Receivables	0.78	0.69	0.58	0.65	0.8		0.73	0.86	-0.04	0.57	-0.31	0.52	0.6	0.78	0.43	0.06	0.4	-0.12	-0.2	0.11	0.43	-0.14
Total Liab	0.88	0.63	0.84	0.82	0.39	0.73		0.64	-0.15	0.92	-0.42	0.03	0.86	0.64	-0.09	0.39	-0.13	0.15	-0.3	0.07	-0.05	0.2
Total Current Assets	0.87	0.9	0.55	0.75	0.8	0.86	0.64		0.17	0.55	-0.61	0.74	0.65	0.57	0.65	-0.1	0.65	-0.4	-0.03	-0.18	0.57	0.02
Short Term Debt	0.15	0.37	-0.11	0.22	-0.03	-0.04	-0.15	0.17		-0.27	-0.37	0.41	0.14	-0.29	0.34	-0.67	0.39	-0.37	0.96	0.11	-0.08	0.05
Long Term Debt	0.76	0.51	0.91	0.68	0.23	0.57	0.92	0.55	-0.27		-0.38	0.01	0.77	0.41	-0.13	0.59	-0.13	0.09	-0.39	-0.12	0.06	0.12
Treasury Stock	-0.72	-0.83	-0.5	-0.8	-0.38	-0.31	-0.42	-0.61	-0.37	-0.38		-0.47	-0.72	-0.15	-0.46	0.43	-0.39	0.59	-0.18	0.2	-0.18	-0.08
Common Stock	0.42	0.66	0.12	0.33	0.64	0.52	0.03	0.74	0.41	0.01	-0.47		0.22	0.17	0.93	-0.46	0.95	-0.72	0.27	-0.19	0.75	-0.29
Property Plant Equipment	0.93	0.82	0.76	0.96	0.33	0.6	0.86	0.65	0.14	0.77	-0.72	0.22		0.46	0.13	0.02	0.06	-0.13	-0.05	0.18	-0.08	0.18
Current Deferred Revenue	0.59	0.44	0.37	0.52	0.67	0.78	0.64	0.57	-0.29	0.41	-0.15	0.17	0.46		0.12	0.05	0.07	0.17	-0.41	0.07	0.1	0.0
Net Tangible Assets	0.33	0.61	0.01	0.27	0.58	0.43	-0.09	0.65	0.34	-0.13	-0.46	0.93	0.13	0.12		-0.55	0.97	-0.73	0.25	-0.16	0.78	-0.37
Long Term Debt Total	-0.01	-0.32	0.37	-0.14	-0.18	0.06	0.39	-0.1	-0.67	0.59	0.43	-0.46	0.02	0.05	-0.55		-0.49	0.54	-0.62	-0.07	-0.08	0.14
Capital Surpluse	0.29	0.57	-0.03	0.18	0.56	0.4	-0.13	0.65	0.39	-0.13	-0.39	0.95	0.06	0.07	0.97	-0.49		-0.72	0.29	-0.29	0.81	-0.29
Deferred Long Term Liab	-0.22	-0.47	-0.08	-0.21	-0.37	-0.12	0.15	-0.4	-0.37	0.09	0.59	-0.72	-0.13	0.17	-0.73	0.54	-0.72		-0.25	0.32	-0.58	0.32
Short Long Term Debt	-0.06	0.15	-0.21	0.02	-0.22	-0.2	-0.3	-0.03	0.96	-0.39	-0.18	0.27	-0.05	-0.41	0.25	-0.62	0.29	-0.25		0.13	-0.13	-0.05
Net Invested Capital	-0.01	-0.07	-0.18	0.09	-0.05	0.11	0.07	-0.18	0.11	-0.12	0.2	-0.19	0.18	0.07	-0.16	-0.07	-0.29	0.32	0.13		-0.49	0.1
Net Working Capital	0.18	0.32	0.18	0.01	0.52	0.43	-0.05	0.57	-0.08	0.06	-0.18	0.75	-0.08	0.1	0.78	-0.08	0.81	-0.58	-0.13	-0.49		-0.5
Capital Stock	0.18	0.13	-0.21	0.2	0.02	-0.14	0.2	0.02	0.05	0.12	-0.08	-0.29	0.18	0.0	-0.37	0.14	-0.29	0.32	-0.05	0.1	-0.5

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

Predict Universal Stainless

As per the company's disclosures, Universal Stainless Alloy has a Z Score of 0.0. This is 100.0% lower than that of the Metals & Mining sector and 100.0% lower than that of the Materials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Universal Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Universal Stainless' 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 Universal Stainless could also be used in its relative valuation, which is a method of valuing Universal Stainless by comparing valuation metrics of similar companies.

Universal Stainless is currently under evaluation in z score category among its peers.

Universal Stainless Current Valuation Drivers

We derive many important indicators used in calculating different scores of Universal Stainless from analyzing Universal Stainless' financial statements. These drivers represent accounts that assess Universal Stainless' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Universal Stainless' important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	130.8M	66.0M	70.7M	64.3M	182.4M	105.6M
Enterprise Value	195.0M	116.0M	139.9M	160.7M	267.9M	140.9M

Universal Stainless 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, Universal Stainless' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Universal Stainless' managers, analysts, and investors.

Environmental

Governance

Social

Universal Stainless Institutional Holders

Institutional Holdings refers to the ownership stake in Universal Stainless that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Universal Stainless' 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 Universal Stainless' value.

		Shares
Hillsdale Investment Management Inc.	2024-09-30	168.4 K
Foundry Partners, Llc	2024-09-30	158.4 K
State Street Corp	2024-09-30	152.2 K
Millennium Management Llc	2024-09-30	149.9 K
Two Sigma Investments Llc	2024-09-30	120.1 K
Portolan Capital Management, Llc	2024-09-30	104.9 K
Two Sigma Advisers, Llc	2024-09-30	98.3 K
Bridgeway Capital Management, Llc	2024-09-30	97.3 K
Oberweis Asset Management Inc	2024-09-30	80.9 K
Blackrock Inc	2024-06-30	565.4 K
Next Century Growth Investors Llc	2024-09-30	556.7 K

Universal Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0661
	Profit Margin	0.08 %
	Operating Margin	0.16 %
	Current Valuation	484.28 M
	Shares Outstanding	9.42 M
	Shares Owned By Insiders	6.74 %
	Shares Owned By Institutions	77.76 %
	Number Of Shares Shorted	295.08 K
	Price To Earning	23.86 X
	Price To Book	1.64 X
	Price To Sales	1.27 X
	Revenue	285.94 M
	Gross Profit	14.19 M
	EBITDA	33.16 M
	Net Income	4.91 M
	Cash And Equivalents	66 K
	Cash Per Share	0.01 X
	Total Debt	85.8 M
	Debt To Equity	0.40 %
	Current Ratio	4.70 X
	Book Value Per Share	27.21 X
	Cash Flow From Operations	25.23 M
	Short Ratio	1.51 X
	Earnings Per Share	2.73 X
	Price To Earnings To Growth	19.55 X
	Target Price	46.0
	Number Of Employees	678
	Beta	0.93
	Market Capitalization	415.01 M
	Total Asset	356.69 M
	Retained Earnings	127.52 M
	Working Capital	149.91 M
	Current Asset	103.75 M
	Current Liabilities	18.75 M
	Net Asset	356.69 M

About Universal Stainless Fundamental Analysis

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

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 Universal Stainless 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 Universal Stainless will appreciate offsetting losses from the drop in the long position's value.

Moving against Universal Stock

0.81	BAK	Braskem SA Class	Pair Corr
0.77	DOW	Dow Inc Fiscal Year End 23rd of January 2025	Pair Corr
0.69	CE	Celanese	Pair Corr
0.65	TX	Ternium SA ADR	Pair Corr
0.54	HYMCW	Hycroft Mining Holding	Pair Corr

The ability to find closely correlated positions to Universal Stainless could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Universal Stainless 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 Universal Stainless - 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 Universal Stainless Alloy to buy it.

The correlation of Universal Stainless 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 Universal Stainless moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Universal Stainless Alloy 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 Universal Stainless 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 Correlation Correlation Matching

Additional Tools for Universal Stock Analysis

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

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Universal Stainless Alloy Stock Z Score

Universal Stainless Alloy Company Z Score Analysis

Z Score

Sum Of

5 Factors

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 )

Universal Z Score Driver Correlations

Universal Z Score Peer Comparison

Universal Stainless Current Valuation Drivers

Universal Stainless ESG Sustainability

Universal Stainless Institutional Holders

Universal Fundamentals

About Universal Stainless Fundamental Analysis

Pair Trading with Universal Stainless

Moving against Universal Stock

Additional Tools for Universal Stock Analysis

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