Hays Plc Stock Probability Of Bankruptcy

HAY Stock  EUR 0.95  0.01  1.04%   
Hays Plc's likelihood of distress is under 9% at the present time. It has tiny risk of undergoing some form of financial crunch in the near future. Hays Plc's Chance of financial distress is determined by interpolating and adjusting Hays Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Hays balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hays plc. 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.
  

Hays plc Company chance of financial distress Analysis

Hays Plc's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

 = 

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Hays Plc Probability Of Bankruptcy

    
  Less than 9%  
Most of Hays Plc's fundamental indicators, such as Probability Of Bankruptcy, 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, Hays plc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Hays Plc probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Hays Plc odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Hays plc financial health.
Please note, there is a significant difference between Hays Plc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hays Plc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hays Plc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
Competition

Based on the latest financial disclosure, Hays plc has a Probability Of Bankruptcy of 9.0%. This is 78.86% lower than that of the Industrials sector and 81.18% lower than that of the Staffing & Outsourcing Services industry. The probability of bankruptcy for all Germany stocks is 77.4% higher than that of the company.

Chance Of Distress

Less than 9

 
High
 
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Low
Hays plc has less than 9 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Hays Plc stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, Hays Plc's odds of distress score SHOULD NOT be confused with the real chance of Hays plc filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as Hays is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include Hays Plc's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
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Hays Fundamentals

About Hays Plc Fundamental Analysis

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

Hays Plc financial ratios help investors to determine whether Hays Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hays with respect to the benefits of owning Hays Plc security.