Tredegar Stock Probability Of Bankruptcy

TG Stock

USD 7.17 0.04 0.56%

Tredegar's odds of distress is under 29% at the present time. It has slight probability of undergoing some form of financial distress in the near future. Tredegar's Chance of financial distress is determined by interpolating and adjusting Tredegar 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 Tredegar balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Tredegar Piotroski F Score and Tredegar Altman Z Score analysis.

For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

The current Market Cap is estimated to decrease to about 432.2 M. Enterprise Value is estimated to decrease to about 502 M

Tredegar Company chance of financial distress Analysis

Tredegar'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 Tredegar Probability Of Bankruptcy

Less than 29%

Most of Tredegar'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, Tredegar is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Tredegar 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 Tredegar 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 Tredegar financial health.

Is Commodity Chemicals 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 Tredegar. If investors know Tredegar 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 Tredegar 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

(0.83)

Earnings Share

(0.80)

Revenue Per Share

20.887

Quarterly Revenue Growth

0.095

Return On Assets

0.0281

The market value of Tredegar is measured differently than its book value, which is the value of Tredegar that is recorded on the company's balance sheet. Investors also form their own opinion of Tredegar's value that differs from its market value or its book value, called intrinsic value, which is Tredegar'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 Tredegar's market value can be influenced by many factors that don't directly affect Tredegar'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 Tredegar's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tredegar is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tredegar'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.

Tredegar Probability Of Bankruptcy Driver Correlations

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

	Total Assets	Total Stockholder Equity	Net Debt	Net Receivables	Total Liab	Total Current Assets	Intangible Assets	Retained Earnings	Accounts Payable	Good Will	Common Stock	Long Term Debt	Property Plant Equipment	Short Term Debt	Current Deferred Revenue	Net Tangible Assets	Long Term Debt Total	Deferred Long Term Liab	Treasury Stock	Accumulated Depreciation	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.73	0.0	0.64	0.75	0.8	0.68	0.93	0.24	0.82	-0.89	-0.17	0.49	0.16	-0.15	0.17	0.06	0.01	0.4	-0.46	0.28	0.09	0.51	0.52	0.39	-0.52
Total Stockholder Equity	0.73		-0.43	0.49	0.24	0.43	0.84	0.68	-0.06	0.76	-0.52	0.28	0.84	-0.1	0.03	0.38	0.06	0.27	0.71	-0.65	0.31	0.08	0.78	0.88	0.74	-0.82
Net Debt	0.0	-0.43		-0.1	0.52	0.24	-0.26	-0.02	0.48	-0.01	-0.13	-0.29	-0.58	0.29	-0.28	-0.26	0.51	-0.28	-0.43	0.25	-0.23	0.25	-0.61	-0.45	-0.4	0.5
Net Receivables	0.64	0.49	-0.1		0.45	0.76	0.33	0.67	0.39	0.36	-0.4	-0.01	0.21	0.23	0.41	0.15	-0.04	-0.41	0.0	-0.45	0.48	0.14	0.71	0.35	0.37	-0.46
Total Liab	0.75	0.24	0.52	0.45		0.8	0.34	0.76	0.62	0.66	-0.81	-0.35	-0.06	0.16	-0.06	-0.2	0.17	-0.24	-0.07	-0.08	0.0	-0.01	0.04	0.02	0.15	-0.12
Total Current Assets	0.8	0.43	0.24	0.76	0.8		0.31	0.82	0.7	0.54	-0.69	-0.29	0.01	0.14	0.01	0.15	0.03	-0.32	-0.06	-0.22	0.33	0.13	0.43	0.17	0.24	-0.17
Intangible Assets	0.68	0.84	-0.26	0.33	0.34	0.31		0.53	-0.25	0.88	-0.63	0.43	0.78	-0.07	-0.15	-0.11	0.38	0.52	0.84	-0.72	-0.06	0.13	0.56	0.82	0.73	-0.85
Retained Earnings	0.93	0.68	-0.02	0.67	0.76	0.82	0.53		0.42	0.73	-0.83	-0.29	0.39	0.15	0.1	0.25	-0.14	-0.26	0.16	-0.41	0.31	-0.18	0.54	0.48	0.42	-0.5
Accounts Payable	0.24	-0.06	0.48	0.39	0.62	0.7	-0.25	0.42		0.07	-0.21	-0.47	-0.52	-0.03	0.22	0.13	-0.18	-0.59	-0.58	0.28	0.24	-0.03	0.06	-0.33	-0.06	0.32
Good Will	0.82	0.76	-0.01	0.36	0.66	0.54	0.88	0.73	0.07		-0.81	0.2	0.63	0.05	-0.13	-0.16	0.34	0.3	0.65	-0.56	-0.17	0.02	0.45	0.67	0.67	-0.67
Common Stock	-0.89	-0.52	-0.13	-0.4	-0.81	-0.69	-0.63	-0.83	-0.21	-0.81		0.29	-0.31	-0.2	0.29	0.08	-0.1	-0.07	-0.31	0.38	0.02	0.06	-0.27	-0.36	-0.26	0.39
Long Term Debt	-0.17	0.28	-0.29	-0.01	-0.35	-0.29	0.43	-0.29	-0.47	0.2	0.29		0.5	-0.3	0.21	-0.32	0.57	0.51	0.56	-0.39	-0.26	0.14	0.21	0.49	0.68	-0.54
Property Plant Equipment	0.49	0.84	-0.58	0.21	-0.06	0.01	0.78	0.39	-0.52	0.63	-0.31	0.5		-0.06	0.03	0.17	0.13	0.48	0.85	-0.68	0.06	-0.06	0.58	0.89	0.7	-0.86
Short Term Debt	0.16	-0.1	0.29	0.23	0.16	0.14	-0.07	0.15	-0.03	0.05	-0.2	-0.3	-0.06		0.02	-0.03	0.2	-0.46	-0.09	-0.31	-0.21	0.11	0.04	0.1	-0.29	0.04
Current Deferred Revenue	-0.15	0.03	-0.28	0.41	-0.06	0.01	-0.15	0.1	0.22	-0.13	0.29	0.21	0.03	0.02		-0.07	-0.29	-0.53	-0.27	-0.09	0.13	-0.41	0.33	0.1	0.37	-0.31
Net Tangible Assets	0.17	0.38	-0.26	0.15	-0.2	0.15	-0.11	0.25	0.13	-0.16	0.08	-0.32	0.17	-0.03	-0.07		-0.46	-0.23	-0.02	0.07	0.75	0.14	0.31	0.19	-0.12	0.05
Long Term Debt Total	0.06	0.06	0.51	-0.04	0.17	0.03	0.38	-0.14	-0.18	0.34	-0.1	0.57	0.13	0.2	-0.29	-0.46		0.36	0.37	-0.38	-0.45	0.45	-0.19	0.24	0.23	-0.18
Deferred Long Term Liab	0.01	0.27	-0.28	-0.41	-0.24	-0.32	0.52	-0.26	-0.59	0.3	-0.07	0.51	0.48	-0.46	-0.53	-0.23	0.36		0.77	-0.19	-0.24	0.26	-0.04	0.26	0.26	-0.27
Treasury Stock	0.4	0.71	-0.43	0.0	-0.07	-0.06	0.84	0.16	-0.58	0.65	-0.31	0.56	0.85	-0.09	-0.27	-0.02	0.37	0.77		-0.58	-0.09	0.29	0.4	0.73	0.55	-0.69
Accumulated Depreciation	-0.46	-0.65	0.25	-0.45	-0.08	-0.22	-0.72	-0.41	0.28	-0.56	0.38	-0.39	-0.68	-0.31	-0.09	0.07	-0.38	-0.19	-0.58		0.1	0.04	-0.65	-0.84	-0.58	0.81
Long Term Investments	0.28	0.31	-0.23	0.48	0.0	0.33	-0.06	0.31	0.24	-0.17	0.02	-0.26	0.06	-0.21	0.13	0.75	-0.45	-0.24	-0.09	0.1		0.3	0.33	0.02	-0.11	-0.05
Short Long Term Debt	0.09	0.08	0.25	0.14	-0.01	0.13	0.13	-0.18	-0.03	0.02	0.06	0.14	-0.06	0.11	-0.41	0.14	0.45	0.26	0.29	0.04	0.3		0.0	-0.06	-0.23	0.14
Cash And Equivalents	0.51	0.78	-0.61	0.71	0.04	0.43	0.56	0.54	0.06	0.45	-0.27	0.21	0.58	0.04	0.33	0.31	-0.19	-0.04	0.4	-0.65	0.33	0.0		0.72	0.64	-0.7
Net Invested Capital	0.52	0.88	-0.45	0.35	0.02	0.17	0.82	0.48	-0.33	0.67	-0.36	0.49	0.89	0.1	0.1	0.19	0.24	0.26	0.73	-0.84	0.02	-0.06	0.72		0.78	-0.9
Net Working Capital	0.39	0.74	-0.4	0.37	0.15	0.24	0.73	0.42	-0.06	0.67	-0.26	0.68	0.7	-0.29	0.37	-0.12	0.23	0.26	0.55	-0.58	-0.11	-0.23	0.64	0.78		-0.84
Capital Stock	-0.52	-0.82	0.5	-0.46	-0.12	-0.17	-0.85	-0.5	0.32	-0.67	0.39	-0.54	-0.86	0.04	-0.31	0.05	-0.18	-0.27	-0.69	0.81	-0.05	0.14	-0.7	-0.9	-0.84

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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

Predict Tredegar

Based on the latest financial disclosure, Tredegar has a Probability Of Bankruptcy of 29.0%. This is 31.89% lower than that of the Chemicals sector and 12.7% lower than that of the Materials industry. The probability of bankruptcy for all United States stocks is 27.19% higher than that of the company.

Tredegar Probability Of Bankruptcy Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tredegar'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 Tredegar could also be used in its relative valuation, which is a method of valuing Tredegar by comparing valuation metrics of similar companies.

Tredegar is currently under evaluation in probability of bankruptcy category among its peers.

Tredegar Main Bankruptcy Drivers

	2019	2020	2021	2022	2023	2024 (projected)
Return On Assets	0.0351	0.0677	(0.0327)	0.0525	(0.24)	(0.23)
Asset Turnover	1.51	1.36	1.47	1.58	1.73	1.49
Net Debt	31.3M	139.2M	57.5M	132.5M	149.7M	75.4M
Total Current Liabilities	152.5M	140.8M	168.5M	149.7M	249.1M	261.6M
Non Current Liabilities Total	183.5M	265.1M	170.3M	190.6M	41.7M	39.6M
Total Assets	712.7M	514.9M	523.6M	542.1M	446.5M	660.8M
Total Current Assets	233.2M	188.4M	236.4M	242.6M	176.7M	225.1M
Total Cash From Operating Activities	115.9M	74.4M	70.6M	(20.8M)	24.0M	22.8M

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

Environmental

Governance

Social

Tredegar Fundamentals

	Return On Equity	-0.18
	Return On Asset	0.0281
	Profit Margin	(0.04) %
	Operating Margin	0.01 %
	Current Valuation	402.94 M
	Shares Outstanding	34.24 M
	Shares Owned By Insiders	23.32 %
	Shares Owned By Institutions	60.43 %
	Number Of Shares Shorted	189.94 K
	Price To Earning	5.78 X
	Price To Book	1.55 X
	Price To Sales	0.34 X
	Revenue	704.83 M
	Gross Profit	139.64 M
	EBITDA	(118.52 M)
	Net Income	(105.91 M)
	Cash And Equivalents	19.23 M
	Cash Per Share	0.82 X
	Total Debt	159.37 M
	Debt To Equity	0.55 %
	Current Ratio	1.36 X
	Book Value Per Share	4.69 X
	Cash Flow From Operations	24 M
	Short Ratio	1.91 X
	Earnings Per Share	(0.80) X
	Target Price	17.0
	Number Of Employees	1.9 K
	Beta	0.84
	Market Capitalization	240.04 M
	Total Asset	446.46 M
	Retained Earnings	177.98 M
	Working Capital	(72.43 M)
	Current Asset	211 M
	Current Liabilities	117.8 M
	Five Year Return	2.93 %
	Net Asset	446.46 M
	Last Dividend Paid	0.13

About Tredegar Fundamental Analysis

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

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Is Tredegar Stock a good investment?

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What is Tredegar's Net Worth?

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Largest Commodity Chemicals Companies

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Largest Metal Fabrication Companies

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Check out Tredegar Piotroski F Score and Tredegar Altman Z Score analysis.

For more detail on how to invest in Tredegar Stock please use our How to Invest in Tredegar guide.

You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

Quarterly Earnings Growth

(0.83)

Earnings Share

(0.80)

Revenue Per Share

20.887

Quarterly Revenue Growth

0.095

Return On Assets

0.0281

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Tredegar Stock Probability Of Bankruptcy

Tredegar Company chance of financial distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Tredegar Probability Of Bankruptcy

Tredegar Probability Of Bankruptcy Driver Correlations

Tredegar Probability Of Bankruptcy Peer Comparison

Tredegar Main Bankruptcy Drivers

Tredegar ESG Sustainability

Tredegar Fundamentals

About Tredegar Fundamental Analysis

Currently Active Assets on Macroaxis

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