Macerich Z Score
MAC  Stock  USD 12.52 0.04 0.32% 
Macerich  Z Score 
Macerich Z Score Analysis
Macerich's ZScore is a simple linear, multifactor 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..2019  2020  2021  2022 (projected)  
Interest Expense  138.25 M  75.55 M  192.68 M  172.47 M 
Gross Profit  559.51 M  438.05 M  466.55 M  483.14 M 
Z Score  =  Sum Of   5 Factors 
 
 
 
 

Macerich Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Macerich is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Macerich'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 Macerich'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 Macerich's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore 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. ZScore 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 ZScores 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 socalled '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 
Based on the company's disclosures, Macerich Company has a Z Score of 0.0. This is 100.0% lower than that of the Equity Real Estate Investment Trusts (REITs) sector and about the same as Real Estate (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.
Macerich Current Valuation Drivers
We derive many important indicators used in calculating different scores of Macerich from analyzing Macerich's financial statements. These drivers represent accounts that assess Macerich's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Macerich's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  170.91 K  83.59 K  131.37 K  (342.65 K)  22.29 K  22.87 K  
Revenue Per Employee  1.16 M  1.34 M  1.26 M  1.17 M  1.32 M  1.12 M  
Average Assets  9.65 B  9.08 B  8.89 B  9.22 B  8.77 B  10.07 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  541.41 M  451.79 M  481.74 M  144.6 M  482.26 M  636.75 M  
Earnings Before Interest Taxes and Depreciation Amortization USD  674.77 M  574.06 M  574.33 M  170.96 M  538.29 M  636.6 M  
Earnings before Tax  161.72 M  56.42 M  98.41 M  (230.65 M)  21.21 M  21.77 M  
Average Equity  3.81 B  3.06 B  2.74 B  2.44 B  2.98 B  3 B  
Enterprise Value  14.17 B  11.22 B  9.14 B  7.19 B  8.26 B  9.56 B  
Free Cash Flow  184.24 M  107.08 M  167.25 M  56.53 M  178.16 M  192.23 M  
Invested Capital  14.63 B  14.24 B  14.34 B  14.96 B  12.91 B  12.98 B  
Invested Capital Average  14.54 B  14.25 B  14.29 B  14.87 B  13.53 B  15.47 B  
Market Capitalization  9.25 B  6.1 B  3.8 B  1.59 B  3.68 B  5.08 B  
Tangible Asset Value  9.61 B  9.03 B  8.85 B  9.18 B  8.35 B  8.44 B 
Macerich Institutional Holders
Institutional Holdings refers to the ownership stake in Macerich that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Macerich'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 highprofile magazines, and presentations at investor conferences help move the stock higher, increasing Macerich's value.Security Type  Shares  Value  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  65.6 K  521 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  62.6 K  545 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  66.6 K  1 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  68.8 K  1.2 M  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  57.7 K  965 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  49.5 K  904 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  42.3 K  495 K 
Macerich Fundamentals
Return On Equity  (0.0301) %  
Return On Asset  0.0092 %  
Profit Margin  (0.10) %  
Operating Margin  0.14 %  
Current Valuation  7.17 B  
Shares Outstanding  214.78 M  
Shares Owned by Insiders  4.08 %  
Shares Owned by Institutions  83.51 %  
Number of Shares Shorted  16.9 M  
Price to Earning  53.00 X  
Price to Book  0.98 X  
Price to Sales  3.33 X  
Revenue  847.44 M  
Gross Profit  487.08 M  
EBITDA  525.02 M  
Net Income  14.26 M  
Cash and Equivalents  112.45 M  
Cash per Share  0.50 X  
Total Debt  4.53 B  
Debt to Equity  1.52 %  
Current Ratio  0.45 X  
Book Value Per Share  13.48 X  
Cash Flow from Operations  286  
Short Ratio  5.51 X  
Earnings Per Share  0.24 X  
Price to Earnings To Growth  (485.00) X  
Target Price  11.63  
Number of Employees  639  
Beta  2.06  
Market Capitalization  2.81 B  
Total Asset  8.35 B  
Retained Earnings  (2 B)  
Working Capital  (557.48 M)  
Current Asset  257.9 M  
Current Liabilities  815.38 M  
Annual Yield  0.05 %  
Five Year Return  9.67 %  
Net Asset  8.35 B  
Last Dividend Paid  0.6 
About Macerich Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Macerich Company's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Macerich using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Macerich Company 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.Macerich is a fully integrated, selfmanaged and selfadministered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States. A recognized leader in sustainability, Macerich has achieved the 1 GRESB ranking in the North American Retail Sector for five straight years . Macerich operates under REITRetail classification in the United States and is traded on New York Stock Exchange. It employs 6 people.
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Our tools can tell you how much better you can do entering a position in Macerich without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate riskadjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Additionally, see Macerich Piotroski F Score and Macerich Valuation analysis. Note that the Macerich information on this page should be used as a complementary analysis to other Macerich'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 Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for Macerich Stock analysis
When running Macerich price analysis, check to measure Macerich'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 Macerich is operating at the current time. Most of Macerich's value examination focuses on studying past and present price action to predict the probability of Macerich's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Macerich's price. Additionally, you may evaluate how the addition of Macerich to your portfolios can decrease your overall portfolio volatility.
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Is Macerich'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 Macerich. If investors know Macerich 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 Macerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Macerich is measured differently than its book value, which is the value of Macerich that is recorded on the company's balance sheet. Investors also form their own opinion of Macerich's value that differs from its market value or its book value, called intrinsic value, which is Macerich'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 Macerich's market value can be influenced by many factors that don't directly affect Macerich'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 Macerich's value and its price as these two are different measures arrived at by different means. Investors typically determine Macerich value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macerich'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.