| 3653 Stock | | | TWD 1,385 75.00 5.73% |
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
Trending Equities to better understand how to build diversified portfolios, which includes a position in Jentech Precision Industrial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as
signals in board of governors.
Jentech Precision Industrial Company Z Score Analysis
Jentech Precision'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 Jentech Precision Z Score | | | | 14.4 |
Most of Jentech Precision'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, Jentech Precision Industrial is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
| First Factor | = | 1.2 * ( | Working Capital | / | Total Assets ) |
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| Second Factor | = | 1.4 * ( | Retained Earnings | / | Total Assets ) |
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| Thrid Factor | = | 3.3 * ( | EBITAD | / | Total Assets ) |
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| Fouth Factor | = | 0.6 * ( | Market Value of Equity | / | Total Liabilities ) |
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| Fifth Factor | = | 0.99 * ( | Revenue | / | Total Assets ) |
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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.
In accordance with the company's disclosures, Jentech Precision Industrial has a Z Score of 14.4. This is 7.06% higher than that of the Electronic Equipment, Instruments & Components sector and notably higher than that of the
Information Technology industry. The z score for all Taiwan stocks is 65.14% lower than that of the firm.
Jentech Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Jentech Precision'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 Jentech Precision could also be used in its relative valuation, which is a method of valuing Jentech Precision by comparing valuation metrics of similar companies.
Jentech Precision is currently under evaluation in z score category among its peers.
Jentech Fundamentals
About Jentech Precision Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Jentech Precision Industrial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Jentech Precision using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Jentech Precision Industrial 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 Jentech Stock Analysis
When running Jentech Precision's price analysis, check to
measure Jentech Precision'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 Jentech Precision is operating at the current time. Most of Jentech Precision's value examination focuses on studying past and present price action to
predict the probability of Jentech Precision's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Jentech Precision's price. Additionally, you may evaluate how the addition of Jentech Precision to your portfolios can decrease your overall portfolio volatility.