Acacia Z Score

ACTG
 Stock
  

USD 3.79  0.04  1.04%   

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 continue to Acacia Research Piotroski F Score and Acacia Research Valuation analysis.
  
Acacia Research Invested Capital is projected to increase significantly based on the last few years of reporting. The past year's Invested Capital was at 416.74 Million. The current year Invested Capital Average is expected to grow to about 436.6 M, whereas Capital Expenditure is forecasted to decline to (98.2 K). Acacia Research Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 150.37 Million. The current year Cost of Revenue is expected to grow to about 45.2 M, whereas Selling General and Administrative Expense is forecasted to decline to about 34.9 M.

Acacia Z Score Analysis

Acacia Research'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..
 2019 2020 2021 2022 (projected)
Revenues USD11.25 M29.78 M88.05 M95.65 M
Revenues11.25 M29.78 M88.05 M114.85 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Acacia Research Z Score

    
  -0.8  
Most of Acacia Research'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, Acacia Research 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 )

Acacia Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Acacia Research is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Acacia Research'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 Acacia Research'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 Acacia Research'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, Acacia Research has a Z Score of -0.8. This is 119.66% lower than that of the Professional Services sector and significantly lower than that of the Industrials industry. The z score for all United States stocks is 109.17% higher than that of the company.

Acacia Z Score Peer Comparison

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

Acacia Research Current Valuation Drivers

We derive many important indicators used in calculating different scores of Acacia Research from analyzing Acacia Research's financial statements. These drivers represent accounts that assess Acacia Research's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Acacia Research's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee1.71 M(8.08 M)(1.01 M)5.66 M509.2 K549.4 K
Revenue Per Employee5.03 M10.12 M661.53 K1.49 M300.5 K308.41 K
Average Assets321.83 M253.13 M206.99 M386.42 M686.35 M547.79 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA45.41 M(77.52 M)(21.23 M)122.05 M188.83 M203.74 M
Earnings Before Interest Taxes and Depreciation Amortization USD25.14 M(76.7 M)(15.71 M)123.01 M192.09 M207.26 M
Earnings before Tax2.9 M(103.85 M)(18.94 M)108.07 M173.48 M187.18 M
Average Equity299.4 M222 M177.6 M200.13 M223.68 M264.94 M
Enterprise Value103.87 M38.36 M67.05 M146.63 M219.21 M283.57 M
Free Cash Flow12.96 M20.84 M(2.49 M)(19.82 M)13.23 M14.28 M
Invested Capital100.69 M57.52 M142.54 M320.65 M416.74 M449.64 M
Invested Capital Average141.19 M77.35 M114.72 M219.55 M404.69 M436.64 M
Market Capitalization204.95 M147.93 M133.91 M194.16 M254.41 M359.75 M
Tangible Asset Value246.85 M217.36 M210.35 M494.39 M742.59 M801.22 M
Working Capital130.14 M170.44 M161.55 M332.85 M530.49 M418.91 M

Acacia Research Institutional Holders

Institutional Holdings refers to the ownership stake in Acacia Research that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Acacia Research'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 Acacia Research's value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.3 KK
Zurcher Kantonalbank Zurich CantonalbankCommon Shares1.3 KK
Worth Venture Partners LlcCommon Shares83.2 K565 K
Wolverine Trading LlcCommon Shares32 K128 K
Wolverine Trading LlcCall Options17.4 K70 K
Wolverine Trading LlcCommon Shares75.4 K388 K
Wolverine Trading LlcPut Options153.7 K792 K
Wolverine Trading LlcCommon Shares131.9 K551 K
Wolverine Trading LlcCommon Shares31.8 K194 K

Acacia Fundamentals

About Acacia Research Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Acacia Research's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Acacia Research using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Acacia Research 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.
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets and engages in the licensing and enforcement of patented technologies. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York. Acacia Res-Acacia operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 287 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Acacia Research 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 risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Acacia Research

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 Acacia Research 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 Acacia Research will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Acacia Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acacia Research 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 Acacia Research - 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 Acacia Research to buy it.
The correlation of Acacia Research 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 Acacia Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acacia Research 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 Acacia Research 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
Please continue to Acacia Research Piotroski F Score and Acacia Research Valuation analysis. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running Acacia Research price analysis, check to measure Acacia Research'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 Acacia Research is operating at the current time. Most of Acacia Research's value examination focuses on studying past and present price action to predict the probability of Acacia Research's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Acacia Research's price. Additionally, you may evaluate how the addition of Acacia Research to your portfolios can decrease your overall portfolio volatility.
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Is Acacia Research'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 Acacia Research. If investors know Acacia 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 Acacia Research 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
(0.97) 
Market Capitalization
166.8 M
Quarterly Revenue Growth YOY
9.037
Return On Assets
0.0063
Return On Equity
0.3651
The market value of Acacia Research is measured differently than its book value, which is the value of Acacia that is recorded on the company's balance sheet. Investors also form their own opinion of Acacia Research's value that differs from its market value or its book value, called intrinsic value, which is Acacia Research'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 Acacia Research's market value can be influenced by many factors that don't directly affect Acacia Research'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 Acacia Research's value and its price as these two are different measures arrived at by different means. Investors typically determine Acacia Research value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acacia Research'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.