BlackRock Z Score

BLK
 Stock
  

USD 712.98  9.20  1.27%   

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. Continue to BlackRock Piotroski F Score and BlackRock Valuation analysis.
  
BlackRock Invested Capital is decreasing as compared to previous years. The last year's value of Invested Capital was reported at 118.84 Billion. The current Invested Capital Average is estimated to increase to about 141.2 B, while Capital Expenditure is projected to decrease to (350 M). BlackRock Weighted Average Shares Diluted is decreasing as compared to previous years. The last year's value of Weighted Average Shares Diluted was reported at 154.4 Million

BlackRock Z Score Analysis

BlackRock'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

Current BlackRock Z Score

    
  7.2  
Most of BlackRock's fundamental indicators, such as Z Score, 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, BlackRock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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 )

BlackRock Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for BlackRock is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since BlackRock'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 BlackRock'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 BlackRock's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score 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 high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, BlackRock has a Z Score of 7.2. This is 198.76% higher than that of the Capital Markets sector and 11.46% higher than that of the Financials industry. The z score for all United States stocks is 17.43% higher than that of the company.

BlackRock Z Score Peer Comparison

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

BlackRock Current Valuation Drivers

We derive many important indicators used in calculating different scores of BlackRock from analyzing BlackRock's financial statements. These drivers represent accounts that assess BlackRock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of BlackRock's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee357.55 K288.93 K276.3 K298.09 K320.71 K283.19 K
Revenue Per Employee898.63 K952.89 K897.47 K979.44 K1.05 M941.72 K
Average Assets222.22 B186.5 B165.21 B162.12 B168.28 B171.37 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA5.7 B5.77 B6.27 B7.07 B8.77 B9.47 B
Earnings Before Interest Taxes and Depreciation Amortization USD5.67 B5.79 B6.34 B6.85 B8.63 B7.73 B
Earnings before Tax5.22 B5.38 B5.74 B6.17 B7.87 B7.01 B
Average Equity30.14 B32.22 B32.29 B33.72 B36.48 B36.29 B
Enterprise Value81.12 B60.41 B79.11 B110.76 B140.15 B114.38 B
Free Cash Flow3.79 B2.87 B2.63 B3.55 B4.6 B4.19 B
Invested Capital187.61 B126.7 B135.82 B143.52 B118.84 B132.38 B
Invested Capital Average190.62 B154.06 B133.85 B130.09 B134.95 B141.19 B
Market Capitalization82.36 B61.95 B77.6 B110.04 B139.09 B113.22 B
Tangible Asset Value189.63 B128.21 B135.69 B144.17 B118.84 B132.21 B

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

BlackRock Institutional Holders

Institutional Holdings refers to the ownership stake in BlackRock that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BlackRock'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 BlackRock's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares702361 K
Zwj Investment Counsel IncCommon Shares707316 K
Zwj Investment Counsel IncCommon Shares688291 K
Zwj Investment Counsel IncCommon Shares685263 K
Zweigdimenna Associates LlcCommon Shares3.5 K1.3 M
Zweig Advisers LlcCommon Shares24.8 K9.1 M
Zweig Advisers LlcCommon Shares32 K10.9 M

BlackRock Fundamentals

About BlackRock Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BlackRock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BlackRock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BlackRock 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.
The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts London, United Kingdom Gurgaon, India Hong Kong Greenwich, Connecticut Princeton, New Jersey Edinburgh, United Kingdom Sydney, Australia Taipei, Taiwan Singapore Sao Paulo, Brazil Philadelphia, Pennsylvania Washington, District of Columbia Toronto, Canada Wilmington, Delaware and San Francisco, California. Blackrock operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 19900 people.

BlackRock Investors Sentiment

The influence of BlackRock's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in BlackRock. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to BlackRock's public news can be used to forecast risks associated with investment in BlackRock. The trend in average sentiment can be used to explain how an investor holding BlackRock can time the market purely based on public headlines and social activities around BlackRock. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
BlackRock's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BlackRock's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average BlackRock's news discussions. The higher the estimated score, the more favorable is the investor's outlook on BlackRock.

BlackRock Implied Volatility

    
  33.81  
BlackRock's implied volatility exposes the market's sentiment of BlackRock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if BlackRock's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that BlackRock stock will not fluctuate a lot when BlackRock's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BlackRock in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BlackRock's short interest history, or implied volatility extrapolated from BlackRock options trading.

Pair Trading with BlackRock

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

Moving together with BlackRock

+0.7BGCPBGC Partners Aggressive PushPairCorr
+0.9CCitigroup Fiscal Year End 13th of January 2023 PairCorr
+0.68CBSHCommerce Bancshares SplitPairCorr
The ability to find closely correlated positions to BlackRock could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BlackRock 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 BlackRock - 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 BlackRock to buy it.
The correlation of BlackRock is a statistical measure of how it moves in relation to other equities. 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 BlackRock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BlackRock 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 BlackRock 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 CorrelationCorrelation Matching
Continue to BlackRock Piotroski F Score and BlackRock Valuation analysis. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Is BlackRock's industry 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 BlackRock. If investors know BlackRock 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 BlackRock 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 YOY
(0.15) 
Market Capitalization
107.1 B
Quarterly Revenue Growth YOY
(0.15) 
Return On Assets
0.0307
Return On Equity
15.04
The market value of BlackRock is measured differently than its book value, which is the value of BlackRock that is recorded on the company's balance sheet. Investors also form their own opinion of BlackRock's value that differs from its market value or its book value, called intrinsic value, which is BlackRock'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 BlackRock's market value can be influenced by many factors that don't directly affect BlackRock'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 BlackRock's value and its price as these two are different measures arrived at by different means. Investors typically determine BlackRock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BlackRock'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.