ABM Industries Z Score
ABM  Stock  USD 45.76 0.10 0.22% 
ABM Industries  Z Score 
ABM Industries Z Score Analysis
ABM Industries' 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..Current ABM Industries Z Score  4.2 
Most of ABM Industries' 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, ABM Industries Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

ABM Industries Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for ABM Industries is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since ABM Industries' 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 ABM Industries' 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 ABM Industries' 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 
In accordance with the company's disclosures, ABM Industries Incorporated has a Z Score of 4.2. This is 3.19% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The z score for all United States stocks is 51.83% higher than that of the company.
ABM Industries Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses ABM Industries' 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 ABM Industries could also be used in its relative valuation, which is a method of valuing ABM Industries by comparing valuation metrics of similar companies.ABM Industries is currently under evaluation in z score category among related companies.
ABM Industries Current Valuation Drivers
We derive many important indicators used in calculating different scores of ABM Industries from analyzing ABM Industries' financial statements. These drivers represent accounts that assess ABM Industries' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of ABM Industries' important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Average Assets  3.73 B  3.71 B  3.84 B  3.98 B  4.57 B  4.01 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  256.2 M  318.6 M  194.4 M  298.3 M  343.05 M  293.24 M  
Earnings before Tax  89.6 M  160.1 M  53.4 M  179.8 M  206.77 M  164.79 M  
Average Equity  1.44 B  1.5 B  1.48 B  1.59 B  1.83 B  1.62 B  
Enterprise Value  3 B  3.29 B  3.02 B  3.26 B  3.75 B  3.34 B  
Free Cash Flow  272.3 M  204.4 M  425 M  284.4 M  327.06 M  264.69 M  
Invested Capital  1.54 B  1.4 B  1.37 B  1.47 B  1.69 B  1.55 B  
Invested Capital Average  1.76 B  1.57 B  1.7 B  1.3 B  1.5 B  1.46 B  
Market Capitalization  2.02 B  2.42 B  2.32 B  2.96 B  3.4 B  2.92 B  
Tangible Asset Value  1.44 B  1.56 B  1.87 B  1.78 B  2.05 B  1.86 B  
Working Capital  378.5 M  373 M  455 M  115.4 M  103.86 M  106.59 M 
ABM Industries Fundamentals
Return On Equity  0.13 %  
Return On Asset  0.0492 %  
Profit Margin  0.0288 %  
Operating Margin  0.0446 %  
Current Valuation  4.33 B  
Shares Outstanding  66.15 M  
Shares Owned by Insiders  1.12 %  
Shares Owned by Institutions  96.34 %  
Number of Shares Shorted  1.81 M  
Price to Earning  64.99 X  
Price to Book  1.82 X  
Price to Sales  0.40 X  
Revenue  6.23 B  
Gross Profit  1.02 B  
EBITDA  298.3 M  
Net Income  126.3 M  
Cash and Equivalents  62.8 M  
Cash per Share  0.97 X  
Total Debt  852.8 M  
Debt to Equity  0.79 %  
Current Ratio  1.21 X  
Book Value Per Share  25.40 X  
Cash Flow from Operations  314.3 M  
Short Ratio  7.08 X  
Earnings Per Share  3.18 X  
Price to Earnings To Growth  4.45 X  
Target Price  58.0  
Number of Employees  124 K  
Beta  1.12  
Market Capitalization  3.03 B  
Total Asset  4.44 B  
Retained Earnings  910.85 M  
Working Capital  394.5 M  
Current Asset  993.7 M  
Current Liabilities  599.2 M  
Z Score  4.2  
Annual Yield  0.0169 %  
Five Year Return  1.92 %  
Net Asset  4.44 B  
Last Dividend Paid  0.78 
About ABM Industries Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze ABM Industries Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of ABM Industries using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of ABM Industries Incorporated 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.ABM Industries Incorporated provides integrated facility solutions in the United States and internationally. The company was incorporated in 1985 and is based in New York, New York. ABM Industries operates under Specialty Business Services classification in the United States and is traded on New York Stock Exchange. It employs 124000 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ABM Industries 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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Pair CorrelationCompare performance and examine fundamental relationship between any two equity instruments 
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Pair Trading with ABM Industries
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 ABM Industries 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 ABM Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with ABM Industries
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Moving against ABM Industries
  0.54  HRT  HireRight Holdings Corp  Downward Rally  PairCorr 
The ability to find closely correlated positions to ABM Industries could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace ABM Industries 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 ABM Industries  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 ABM Industries Incorporated to buy it.
The correlation of ABM Industries 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 ABM Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if ABM Industries Incor 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 ABM Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better riskadjusted return on your portfolios.Please continue to ABM Industries Piotroski F Score and ABM Industries Valuation analysis. Note that the ABM Industries Incor information on this page should be used as a complementary analysis to other ABM Industries' 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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plugandplay financial widgets.
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When running ABM Industries Incor price analysis, check to measure ABM Industries' 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 ABM Industries is operating at the current time. Most of ABM Industries' value examination focuses on studying past and present price action to predict the probability of ABM Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move ABM Industries' price. Additionally, you may evaluate how the addition of ABM Industries to your portfolios can decrease your overall portfolio volatility.
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Is ABM Industries' 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 ABM Industries. If investors know ABM Industries 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 ABM Industries 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 0.56  Market Capitalization 3 B  Quarterly Revenue Growth YOY 0.27  Return On Assets 0.0492  Return On Equity 0.13 
The market value of ABM Industries Incor is measured differently than its book value, which is the value of ABM Industries that is recorded on the company's balance sheet. Investors also form their own opinion of ABM Industries' value that differs from its market value or its book value, called intrinsic value, which is ABM Industries' 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 ABM Industries' market value can be influenced by many factors that don't directly affect ABM Industries' 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 ABM Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine ABM Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ABM Industries' 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.