Perrigo Company Plc Stock Z Score

PRGO Stock

USD 27.59 0.30 1.10%

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 Perrigo Company Piotroski F Score and Perrigo Company Valuation analysis.

As of the 13th of December 2024, Net Working Capital is likely to grow to about 1.7 B, while Net Invested Capital is likely to drop about 7.2 B. At this time, Perrigo Company's Interest Expense is very stable compared to the past year. As of the 13th of December 2024, Operating Income is likely to grow to about 204 M, while Depreciation And Amortization is likely to drop about 181.6 M.

Perrigo Company PLC Company Z Score Analysis

Perrigo Company'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 )

Perrigo Z Score Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Retained Earnings	Intangible Assets	Short Term Investments	Common Stock	Good Will	Property Plant Equipment	Current Deferred Revenue	Long Term Debt	Net Tangible Assets	Deferred Long Term Liab	Short Long Term Debt	Total Permanent Equity	Long Term Debt Total	Long Term Investments	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.96	0.75	0.78	0.83	0.86	0.76	0.12	0.04	0.88	-0.4	0.89	0.93	0.39	-0.01	0.88	0.35	0.66	0.4	0.38	0.58	0.2	0.21	-0.05	0.22
Total Stockholder Equity	0.96		0.61	0.79	0.78	0.74	0.66	0.02	0.21	0.94	-0.38	0.82	0.85	0.29	0.02	0.81	0.41	0.78	0.5	0.2	0.58	0.07	0.24	-0.08	0.26
Net Debt	0.75	0.61		0.52	0.67	0.95	0.52	0.36	-0.35	0.55	-0.3	0.77	0.8	0.63	-0.42	0.85	0.09	0.3	0.16	0.68	0.5	0.5	-0.19	-0.08	-0.23
Accounts Payable	0.78	0.79	0.52		0.67	0.63	0.6	-0.03	0.2	0.74	-0.49	0.63	0.7	0.28	0.02	0.51	0.19	0.37	0.75	0.15	0.15	0.02	0.19	-0.12	0.19
Net Receivables	0.83	0.78	0.67	0.67		0.72	0.66	0.02	-0.02	0.65	-0.37	0.76	0.85	0.23	0.04	0.71	0.54	0.45	0.22	0.35	0.5	0.29	0.26	-0.28	0.34
Total Liab	0.86	0.74	0.95	0.63	0.72		0.7	0.39	-0.27	0.67	-0.47	0.84	0.87	0.69	-0.27	0.87	0.09	0.4	0.23	0.7	0.48	0.33	-0.21	0.1	-0.22
Total Current Assets	0.76	0.66	0.52	0.6	0.66	0.7		0.33	-0.25	0.45	-0.67	0.79	0.79	0.52	0.26	0.64	0.26	0.23	0.15	0.52	0.18	0.08	0.04	0.35	0.12
Short Term Debt	0.12	0.02	0.36	-0.03	0.02	0.39	0.33		-0.46	-0.09	-0.15	0.27	0.14	0.53	-0.15	0.27	-0.21	-0.12	0.14	0.45	0.06	0.47	-0.52	0.46	-0.47
Retained Earnings	0.04	0.21	-0.35	0.2	-0.02	-0.27	-0.25	-0.46		0.43	0.07	-0.38	-0.29	-0.5	0.36	-0.11	0.02	0.57	0.38	-0.82	0.32	-0.21	0.51	-0.36	0.43
Intangible Assets	0.88	0.94	0.55	0.74	0.65	0.67	0.45	-0.09	0.43		-0.25	0.63	0.69	0.19	-0.03	0.73	0.22	0.86	0.53	0.05	0.63	0.01	0.26	-0.2	0.22
Short Term Investments	-0.4	-0.38	-0.3	-0.49	-0.37	-0.47	-0.67	-0.15	0.07	-0.25		-0.37	-0.42	-0.72	0.01	-0.34	0.09	-0.12	-0.11	-0.32	0.14	0.31	0.33	-0.26	0.31
Common Stock	0.89	0.82	0.77	0.63	0.76	0.84	0.79	0.27	-0.38	0.63	-0.37		0.98	0.52	-0.15	0.83	0.39	0.39	0.24	0.65	0.36	0.21	0.0	0.11	0.07
Good Will	0.93	0.85	0.8	0.7	0.85	0.87	0.79	0.14	-0.29	0.69	-0.42	0.98		0.5	-0.16	0.83	0.42	0.43	0.23	0.62	0.4	0.17	0.06	-0.02	0.11
Property Plant Equipment	0.39	0.29	0.63	0.28	0.23	0.69	0.52	0.53	-0.5	0.19	-0.72	0.52	0.5		-0.52	0.53	-0.32	0.05	0.01	0.71	-0.06	-0.04	-0.69	0.32	-0.71
Current Deferred Revenue	-0.01	0.02	-0.42	0.02	0.04	-0.27	0.26	-0.15	0.36	-0.03	0.01	-0.15	-0.16	-0.52		-0.19	0.26	0.03	-0.01	-0.4	0.09	0.0	0.5	0.36	0.6
Long Term Debt	0.88	0.81	0.85	0.51	0.71	0.87	0.64	0.27	-0.11	0.73	-0.34	0.83	0.83	0.53	-0.19		0.26	0.65	0.14	0.42	0.71	0.4	0.06	-0.05	0.03
Net Tangible Assets	0.35	0.41	0.09	0.19	0.54	0.09	0.26	-0.21	0.02	0.22	0.09	0.39	0.42	-0.32	0.26	0.26		0.26	0.06	-0.08	0.41	0.25	0.48	-0.19	0.59
Deferred Long Term Liab	0.66	0.78	0.3	0.37	0.45	0.4	0.23	-0.12	0.57	0.86	-0.12	0.39	0.43	0.05	0.03	0.65	0.26		0.3	-0.22	0.76	-0.02	0.29	-0.2	0.26
Short Long Term Debt	0.4	0.5	0.16	0.75	0.22	0.23	0.15	0.14	0.38	0.53	-0.11	0.24	0.23	0.01	-0.01	0.14	0.06	0.3		-0.21	0.04	0.05	0.1	-0.05	0.07
Total Permanent Equity	0.38	0.2	0.68	0.15	0.35	0.7	0.52	0.45	-0.82	0.05	-0.32	0.65	0.62	0.71	-0.4	0.42	-0.08	-0.22	-0.21		-0.07	0.13	-0.54	0.32	-0.48
Long Term Debt Total	0.58	0.58	0.5	0.15	0.5	0.48	0.18	0.06	0.32	0.63	0.14	0.36	0.4	-0.06	0.09	0.71	0.41	0.76	0.04	-0.07		0.55	0.36	-0.21	0.31
Long Term Investments	0.2	0.07	0.5	0.02	0.29	0.33	0.08	0.47	-0.21	0.01	0.31	0.21	0.17	-0.04	0.0	0.4	0.25	-0.02	0.05	0.13	0.55		0.19	-0.13	0.16
Net Invested Capital	0.21	0.24	-0.19	0.19	0.26	-0.21	0.04	-0.52	0.51	0.26	0.33	0.0	0.06	-0.69	0.5	0.06	0.48	0.29	0.1	-0.54	0.36	0.19		-0.48	0.95
Net Working Capital	-0.05	-0.08	-0.08	-0.12	-0.28	0.1	0.35	0.46	-0.36	-0.2	-0.26	0.11	-0.02	0.32	0.36	-0.05	-0.19	-0.2	-0.05	0.32	-0.21	-0.13	-0.48		-0.41
Capital Stock	0.22	0.26	-0.23	0.19	0.34	-0.22	0.12	-0.47	0.43	0.22	0.31	0.07	0.11	-0.71	0.6	0.03	0.59	0.26	0.07	-0.48	0.31	0.16	0.95	-0.41

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 Perrigo Company

Based on the company's disclosures, Perrigo Company PLC has a Z Score of 0.0. This is 100.0% lower than that of the Pharmaceuticals sector and about the same as Health Care (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

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

Environmental

Governance

Social

Perrigo Company Institutional Holders

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

		Shares
Copeland Capital Management, Llc	2024-09-30	2.5 M
Perpetual Ltd	2024-09-30	2.4 M
Geode Capital Management, Llc	2024-09-30	2.4 M
Bank Of America Corp	2024-09-30	2.2 M
Diamond Hill Capital Management Inc	2024-09-30	1.9 M
Ion Asset Management Ltd.	2024-09-30	1.9 M
Philosophy Capital Management Llc	2024-09-30	1.8 M
Fmr Inc	2024-09-30	1.8 M
Clearline Capital Lp	2024-09-30	1.6 M
Vanguard Group Inc	2024-09-30	14.9 M
Blackrock Inc	2024-06-30	13 M

Perrigo Fundamentals

	Return On Equity	-0.0316
	Return On Asset	0.0137
	Profit Margin	(0.04) %
	Operating Margin	0.10 %
	Current Valuation	7.01 B
	Shares Outstanding	136.43 M
	Shares Owned By Insiders	0.30 %
	Shares Owned By Institutions	99.68 %
	Number Of Shares Shorted	4.02 M
	Price To Earning	23.57 X
	Price To Book	0.82 X
	Price To Sales	0.86 X
	Revenue	4.66 B
	Gross Profit	1.46 B
	EBITDA	575.9 M
	Net Income	(12.7 M)
	Cash And Equivalents	490.4 M
	Cash Per Share	3.64 X
	Total Debt	4.07 B
	Debt To Equity	0.89 %
	Current Ratio	2.61 X
	Book Value Per Share	33.45 X
	Cash Flow From Operations	405.5 M
	Short Ratio	2.37 X
	Earnings Per Share	(1.08) X
	Price To Earnings To Growth	1.02 X
	Target Price	35.8
	Number Of Employees	9.14 K
	Beta	0.48
	Market Capitalization	3.76 B
	Total Asset	10.81 B
	Retained Earnings	(2.08 B)
	Working Capital	1.25 B
	Current Asset	3.18 B
	Current Liabilities	1.69 B
	Annual Yield	0.04 %
	Five Year Return	1.73 %
	Net Asset	10.81 B
	Last Dividend Paid	1.1

About Perrigo Company Fundamental Analysis

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

Pair Trading with Perrigo Company

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 Perrigo Company 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 Perrigo Company will appreciate offsetting losses from the drop in the long position's value.

Moving against Perrigo Stock

0.62	ALVO	Alvotech	Pair Corr
0.59	PFE	Pfizer Inc Fiscal Year End 4th of February 2025	Pair Corr
0.54	AMGN	Amgen Inc	Pair Corr
0.52	LLY	Eli Lilly	Pair Corr
0.48	ABBV	AbbVie Inc	Pair Corr

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

The correlation of Perrigo Company 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 Perrigo Company moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Perrigo Company 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 Perrigo Company 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

When determining whether Perrigo Company offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Perrigo Company's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Perrigo Company Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Perrigo Company Plc Stock:

How To Invest In Perrigo

Details

Is Perrigo Stock a good investment?

Details

What is Perrigo Company's Net Worth?

Details

Largest Pharmaceuticals Companies

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Largest Pharmaceuticals, Biotechnology & Life Sciences Companies

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Check out Perrigo Company Piotroski F Score and Perrigo Company Valuation analysis.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Is Pharmaceuticals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Perrigo Company. If investors know Perrigo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Perrigo Company listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.64)

Dividend Share

1.101

Earnings Share

(1.08)

Revenue Per Share

32.088

Quarterly Revenue Growth

(0.03)

The market value of Perrigo Company is measured differently than its book value, which is the value of Perrigo that is recorded on the company's balance sheet. Investors also form their own opinion of Perrigo Company's value that differs from its market value or its book value, called intrinsic value, which is Perrigo Company's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Perrigo Company's market value can be influenced by many factors that don't directly affect Perrigo Company's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Perrigo Company's value and its price as these two are different measures arrived at by different means. Investors typically determine if Perrigo Company is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Perrigo Company'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.

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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Perrigo Company Plc Stock Z Score

Perrigo Company PLC 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 )

Perrigo Z Score Driver Correlations

Perrigo Company ESG Sustainability

Perrigo Company Institutional Holders

Perrigo Fundamentals

About Perrigo Company Fundamental Analysis

Pair Trading with Perrigo Company

Moving against Perrigo Stock

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