Fresh Del Monte Stock Z Score

FDP Stock

USD 33.75 0.22 0.65%

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 Fresh Del Piotroski F Score and Fresh Del Valuation analysis.

At this time, Fresh Del's Additional Paid In Capital is relatively stable compared to the past year. As of 12/01/2024, Net Invested Capital is likely to grow to about 2.5 B, while Net Working Capital is likely to drop slightly above 601.9 M. At this time, Fresh Del's Operating Income is relatively stable compared to the past year. As of 12/01/2024, EBITDA is likely to grow to about 223.9 M, while Total Revenue is likely to drop slightly above 3.6 B.

Fresh Del Monte Company Z Score Analysis

Fresh Del'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 )

Fresh Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Fresh Del is extremely important. It helps to project a fair market value of Fresh Stock properly, considering its historical fundamentals such as Z Score. Since Fresh Del'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 Fresh Del'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 Fresh Del's 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	Intangible Assets	Common Stock	Long Term Debt	Good Will	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Short Term Investments	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.87	0.75	0.89	0.51	0.94	0.86	0.94	0.35	0.52	-0.16	0.42	0.87	0.93	0.55	-0.51	0.14	0.62	0.53	0.29	-0.55	0.01	0.49	-0.51	0.01
Total Stockholder Equity	0.87		0.34	1.0	0.43	0.93	0.5	0.93	0.16	0.14	0.09	-0.06	0.76	0.78	0.24	-0.07	0.21	0.2	0.53	0.16	-0.28	-0.03	0.16	-0.15	0.03
Net Debt	0.75	0.34		0.38	0.34	0.58	0.98	0.58	0.53	0.74	-0.5	0.89	0.61	0.76	0.71	-0.87	-0.03	0.94	0.38	0.45	-0.66	0.0	0.74	-0.71	-0.08
Retained Earnings	0.89	1.0	0.38		0.42	0.92	0.53	0.93	0.15	0.2	0.11	-0.02	0.79	0.78	0.29	-0.1	0.24	0.22	0.48	0.14	-0.31	-0.01	0.18	-0.2	0.07
Accounts Payable	0.51	0.43	0.34	0.42		0.57	0.44	0.53	-0.15	0.38	-0.13	0.33	0.34	0.52	0.04	-0.25	0.02	0.34	0.2	-0.12	-0.52	0.54	0.2	-0.27	0.11
Net Receivables	0.94	0.93	0.58	0.92	0.57		0.7	0.98	0.27	0.27	-0.18	0.24	0.75	0.93	0.36	-0.34	0.04	0.49	0.65	0.28	-0.5	0.0	0.36	-0.29	-0.05
Total Liab	0.86	0.5	0.98	0.53	0.44	0.7		0.7	0.48	0.76	-0.4	0.81	0.73	0.83	0.73	-0.83	0.02	0.89	0.4	0.37	-0.68	0.03	0.69	-0.75	-0.04
Total Current Assets	0.94	0.93	0.58	0.93	0.53	0.98	0.7		0.27	0.3	-0.1	0.23	0.79	0.87	0.31	-0.31	0.11	0.47	0.61	0.32	-0.38	-0.04	0.39	-0.23	-0.01
Short Term Debt	0.35	0.16	0.53	0.15	-0.15	0.27	0.48	0.27		0.0	-0.61	0.33	0.36	0.42	0.47	-0.66	0.19	0.55	0.67	0.88	-0.24	-0.39	0.77	-0.31	-0.77
Intangible Assets	0.52	0.14	0.74	0.2	0.38	0.27	0.76	0.3	0.0		0.01	0.78	0.55	0.38	0.56	-0.63	0.1	0.63	-0.24	-0.11	-0.45	0.21	0.4	-0.75	0.4
Common Stock	-0.16	0.09	-0.5	0.11	-0.13	-0.18	-0.4	-0.1	-0.61	0.01		-0.5	0.11	-0.41	-0.33	0.55	0.25	-0.59	-0.61	-0.6	0.56	0.13	-0.58	0.22	0.56
Long Term Debt	0.42	-0.06	0.89	-0.02	0.33	0.24	0.81	0.23	0.33	0.78	-0.5		0.3	0.47	0.57	-0.85	-0.18	0.91	0.08	0.28	-0.61	0.12	0.64	-0.67	0.02
Good Will	0.87	0.76	0.61	0.79	0.34	0.75	0.73	0.79	0.36	0.55	0.11	0.3		0.68	0.44	-0.52	0.39	0.49	0.31	0.29	-0.27	-0.06	0.48	-0.49	-0.05
Property Plant Equipment	0.93	0.78	0.76	0.78	0.52	0.93	0.83	0.87	0.42	0.38	-0.41	0.47	0.68		0.61	-0.55	-0.02	0.7	0.68	0.33	-0.69	0.02	0.45	-0.53	-0.1
Current Deferred Revenue	0.55	0.24	0.71	0.29	0.04	0.36	0.73	0.31	0.47	0.56	-0.33	0.57	0.44	0.61		-0.63	0.03	0.6	0.22	0.14	-0.56	-0.22	0.39	-0.89	0.0
Net Tangible Assets	-0.51	-0.07	-0.87	-0.1	-0.25	-0.34	-0.83	-0.31	-0.66	-0.63	0.55	-0.85	-0.52	-0.55	-0.63		-0.03	-0.91	-0.35	-0.55	0.59	0.06	-0.83	0.71	0.39
Short Term Investments	0.14	0.21	-0.03	0.24	0.02	0.04	0.02	0.11	0.19	0.1	0.25	-0.18	0.39	-0.02	0.03	-0.03		-0.1	-0.01	0.18	0.17	-0.15	0.16	-0.02	-0.12
Long Term Debt Total	0.62	0.2	0.94	0.22	0.34	0.49	0.89	0.47	0.55	0.63	-0.59	0.91	0.49	0.7	0.6	-0.91	-0.1		0.42	0.51	-0.63	0.0	0.73	-0.62	-0.2
Capital Surpluse	0.53	0.53	0.38	0.48	0.2	0.65	0.4	0.61	0.67	-0.24	-0.61	0.08	0.31	0.68	0.22	-0.35	-0.01	0.42		0.68	-0.31	-0.31	0.45	-0.04	-0.57
Long Term Investments	0.29	0.16	0.45	0.14	-0.12	0.28	0.37	0.32	0.88	-0.11	-0.6	0.28	0.29	0.33	0.14	-0.55	0.18	0.51	0.68		-0.16	-0.47	0.81	0.05	-0.79
Short Long Term Debt	-0.55	-0.28	-0.66	-0.31	-0.52	-0.5	-0.68	-0.38	-0.24	-0.45	0.56	-0.61	-0.27	-0.69	-0.56	0.59	0.17	-0.63	-0.31	-0.16		-0.27	-0.48	0.57	0.15
Cash And Equivalents	0.01	-0.03	0.0	-0.01	0.54	0.0	0.03	-0.04	-0.39	0.21	0.13	0.12	-0.06	0.02	-0.22	0.06	-0.15	0.0	-0.31	-0.47	-0.27		-0.22	-0.12	0.32
Net Invested Capital	0.49	0.16	0.74	0.18	0.2	0.36	0.69	0.39	0.77	0.4	-0.58	0.64	0.48	0.45	0.39	-0.83	0.16	0.73	0.45	0.81	-0.48	-0.22		-0.37	-0.61
Net Working Capital	-0.51	-0.15	-0.71	-0.2	-0.27	-0.29	-0.75	-0.23	-0.31	-0.75	0.22	-0.67	-0.49	-0.53	-0.89	0.71	-0.02	-0.62	-0.04	0.05	0.57	-0.12	-0.37		-0.09
Capital Stock	0.01	0.03	-0.08	0.07	0.11	-0.05	-0.04	-0.01	-0.77	0.4	0.56	0.02	-0.05	-0.1	0.0	0.39	-0.12	-0.2	-0.57	-0.79	0.15	0.32	-0.61	-0.09

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 Fresh Del

According to the company's disclosures, Fresh Del Monte has a Z Score of 0.0. This is 100.0% lower than that of the Food Products sector and 100.0% lower than that of the Consumer Staples industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Fresh Del Institutional Holders

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

		Shares
Bridgeway Capital Management, Llc	2024-09-30	440.8 K
Lsv Asset Management	2024-09-30	379.2 K
Ameriprise Financial Inc	2024-06-30	350.7 K
Jpmorgan Chase & Co	2024-06-30	349.1 K
Northern Trust Corp	2024-09-30	341.8 K
Aqr Capital Management Llc	2024-06-30	337.1 K
Invenomic Capital Management, Lp	2024-09-30	314.2 K
Bank Of New York Mellon Corp	2024-06-30	266.9 K
Renaissance Technologies Corp	2024-09-30	246.2 K
Blackrock Inc	2024-06-30	5.9 M
Vanguard Group Inc	2024-09-30	4.7 M

Fresh Fundamentals

	Return On Equity	0.0073
	Return On Asset	0.029
	Profit Margin	0 %
	Operating Margin	0.04 %
	Current Valuation	2.01 B
	Shares Outstanding	47.94 M
	Shares Owned By Insiders	21.94 %
	Shares Owned By Institutions	67.80 %
	Number Of Shares Shorted	380.61 K
	Price To Earning	26.00 X
	Price To Book	0.81 X
	Price To Sales	0.38 X
	Revenue	4.32 B
	Gross Profit	340.2 M
	EBITDA	134.2 M
	Net Income	(1.6 M)
	Cash And Equivalents	17.2 M
	Cash Per Share	0.33 X
	Total Debt	598.2 M
	Debt To Equity	0.33 %
	Current Ratio	1.73 X
	Book Value Per Share	41.54 X
	Cash Flow From Operations	177.9 M
	Short Ratio	1.45 X
	Earnings Per Share	0.32 X
	Price To Earnings To Growth	1.73 X
	Target Price	39.0
	Number Of Employees	31.89 K
	Beta	0.4
	Market Capitalization	1.63 B
	Total Asset	3.18 B
	Retained Earnings	1.34 B
	Working Capital	603.7 M
	Current Asset	985.8 M
	Current Liabilities	381.8 M
	Annual Yield	0.03 %
	Five Year Return	1.42 %
	Net Asset	3.18 B
	Last Dividend Paid	0.95

About Fresh Del Fundamental Analysis

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

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 Fresh Del 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 Fresh Del will appreciate offsetting losses from the drop in the long position's value.

Moving against Fresh Stock

0.9	EL	Estee Lauder Companies	Pair Corr
0.87	KO	Coca Cola Aggressive Push	Pair Corr
0.85	GIS	General Mills	Pair Corr
0.82	ADM	Archer Daniels Midland	Pair Corr
0.75	CL	Colgate Palmolive Sell-off Trend	Pair Corr

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

The correlation of Fresh Del 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 Fresh Del moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fresh Del Monte 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 Fresh Del 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 Fresh Stock Analysis

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

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Fresh Del Monte Stock Z Score

Fresh Del Monte 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 )

Fresh Z Score Driver Correlations

Fresh Del ESG Sustainability

Fresh Del Institutional Holders

Fresh Fundamentals

About Fresh Del Fundamental Analysis

Pair Trading with Fresh Del

Moving against Fresh Stock

Additional Tools for Fresh Stock Analysis

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