Pierce Group Ab Stock Probability Of Bankruptcy

PIERCE Stock  SEK 7.72  0.22  2.93%   
Pierce Group's likelihood of distress is over 60% at this time. It has an above-average risk of going through some form of financial distress in the next 2 years. Chance of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Pierce balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pierce Group AB. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
  

Pierce Group AB Company chance of distress Analysis

Pierce Group'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

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Z-Score

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Current Pierce Group Probability Of Bankruptcy

    
  Over 61%  
Most of Pierce Group'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, Pierce Group AB is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Pierce Group 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 Pierce Group 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 Pierce Group AB financial health.
Please note, there is a significant difference between Pierce Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pierce Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pierce Group'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, Pierce Group AB has a Probability Of Bankruptcy of 61%. This is 47.38% higher than that of the Consumer Cyclical sector and significantly higher than that of the Internet Retail industry. The probability of bankruptcy for all Sweden stocks is 53.15% lower than that of the firm.

Pierce Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Pierce Group's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Pierce Group could also be used in its relative valuation, which is a method of valuing Pierce Group by comparing valuation metrics of similar companies.
Pierce Group is currently under evaluation in probability of bankruptcy category among its peers.

Pierce Fundamentals

About Pierce Group Fundamental Analysis

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

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Other Information on Investing in Pierce Stock

Pierce Group financial ratios help investors to determine whether Pierce 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 Pierce with respect to the benefits of owning Pierce Group security.