Alphabet Z Score

GOOGL
 Stock
  

USD 97.46  1.00  1.02%   

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. Please check Alphabet Piotroski F Score and Alphabet Valuation analysis.
  
Market Capitalization is expected to hike to about 2074.8 B this year, although the value of Capital Expenditure will most likely fall to (25.3 B). Alphabet Gross Profit is relatively stable at the moment as compared to the past year. The company's current value of Gross Profit is estimated at 158.28 Billion. Interest Expense is expected to hike to about 373.3 M this year, although the value of Operating Expenses will most likely fall to nearly 56.7 B.

Alphabet Z Score Analysis

Alphabet'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 Alphabet Z Score

    
  2.2  
Most of Alphabet'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, Alphabet Cl A 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 )

Alphabet Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Alphabet is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Alphabet'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 Alphabet'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 Alphabet'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

According to the company's disclosures, Alphabet Cl A has a Z Score of 2.2. This is 214.58% lower than that of the Communication Services sector and significantly higher than that of the Internet Content & Information industry. The z score for all United States stocks is 74.77% higher than that of the company.

Alphabet Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Alphabet'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 Alphabet could also be used in its relative valuation, which is a method of valuing Alphabet by comparing valuation metrics of similar companies.
Alphabet is currently under evaluation in z score category among related companies.

Alphabet Current Valuation Drivers

We derive many important indicators used in calculating different scores of Alphabet from analyzing Alphabet's financial statements. These drivers represent accounts that assess Alphabet's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Alphabet's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee158.06 K311.18 K288.84 K296.81 K485.83 K524.19 K
Revenue Per Employee1.38 M1.39 M1.36 M1.35 M1.65 M1.41 M
Average Assets184.55 B218.22 B260.35 B292.69 B342.29 B284.2 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA32.91 B42.18 B49.08 B60.05 B102.02 B110.08 B
Earnings Before Interest Taxes and Depreciation Amortization USD34.22 B44.06 B51.51 B61.91 B103.52 B111.69 B
Earnings before Tax27.19 B34.91 B39.62 B48.08 B90.73 B97.9 B
Average Equity150.71 B167.57 B193.02 B211.61 B240.94 B206.18 B
Enterprise Value725.29 B717.28 B921.48 B1,190.29 B1,924.99 B2,076.96 B
Free Cash Flow23.91 B22.83 B30.97 B42.84 B67.01 B72.3 B
Invested Capital146.93 B165.38 B204.35 B238.78 B275.9 B223.87 B
Invested Capital Average135.45 B157.58 B196.6 B221.99 B260.86 B211 B
Market Capitalization731.9 B726.73 B923.76 B1,185.53 B1,922.95 B2,074.76 B
Tangible Asset Value177.86 B212.68 B253.31 B297 B334.89 B275.89 B
Working Capital100.12 B101.06 B107.36 B117.46 B123.89 B113.53 B

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

Alphabet Institutional Holders

Institutional Holdings refers to the ownership stake in Alphabet that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alphabet'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 Alphabet's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares470.8 K45.2 M
Zwj Investment Counsel IncCommon Shares23.4 K51.1 M
Zwj Investment Counsel IncCommon Shares23 K64.2 M
Zwj Investment Counsel IncCommon Shares22.9 K66.3 M
Zwj Investment Counsel IncCommon Shares23.2 K61.7 M
Zwj Investment Counsel IncCommon Shares24 K59.9 M
Zwj Investment Counsel IncCommon Shares24.3 K50.3 M

Alphabet Fundamentals

About Alphabet Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Alphabet Cl A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alphabet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alphabet Cl A 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.
Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was founded in 1998 and is headquartered in Mountain View, California. Alphabet operates under Internet Content Information classification in the United States and is traded on NASDAQ Exchange. It employs 174014 people.

Alphabet Investors Sentiment

The influence of Alphabet'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 Alphabet. 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 Alphabet's public news can be used to forecast risks associated with investment in Alphabet. The trend in average sentiment can be used to explain how an investor holding Alphabet can time the market purely based on public headlines and social activities around Alphabet Cl A. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Alphabet'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 Alphabet'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 Alphabet's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Alphabet.

Alphabet Implied Volatility

    
  34.1  
Alphabet's implied volatility exposes the market's sentiment of Alphabet Cl A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Alphabet'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 Alphabet stock will not fluctuate a lot when Alphabet'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 Alphabet 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, Alphabet's short interest history, or implied volatility extrapolated from Alphabet options trading.

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Please check Alphabet Piotroski F Score and Alphabet Valuation analysis. Note that the Alphabet Cl A information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Volatility Analysis module to get historical volatility and risk analysis based on latest market data.

Complementary Tools for Alphabet Stock analysis

When running Alphabet Cl A price analysis, check to measure Alphabet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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Is Alphabet'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 Alphabet. If investors know Alphabet 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 Alphabet 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
(0.24) 
Market Capitalization
1262.3 B
Quarterly Revenue Growth YOY
0.061
Return On Assets
0.14
Return On Equity
0.27
The market value of Alphabet Cl A is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet'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 Alphabet's market value can be influenced by many factors that don't directly affect Alphabet'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 Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine Alphabet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet'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.