Big 5 Z Score
BGFV   USA Stock  USD 13.18 0.39 3.05% 
Big 5  Z Score 
Big 5 Z Score Analysis
Big 5'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..2012  2017  2018  2022 (projected)  
Receivables  12.2 M  10.89 M  19.88 M  11.83 M 
Inventories  294.32 M  313.9 M  251.18 M  284.3 M 
Z Score  =  Sum Of   5 Factors 
Current Big 5 Z Score  2.0 
Most of Big 5'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, Big 5 Sporting is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Big 5 Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Big 5 is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Big 5'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 Big 5'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 Big 5'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 
In accordance with the company's disclosures, Big 5 Sporting has a Z Score of 2.0. This is 38.08% lower than that of the Consumer Cyclical sector and 78.07% lower than that of the Specialty Retail industry. The z score for all United States stocks is 77.06% higher than that of the company.
Big 5 Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Big 5'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 Big 5 could also be used in its relative valuation, which is a method of valuing Big 5 by comparing valuation metrics of similar companies.Big 5 is currently under evaluation in z score category among related companies.
Big 5 Institutional Holders
Institutional Holdings refers to the ownership stake in Big 5 that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Big 5'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 Big 5's value.Security Type  Shares  Value  
Blackrock Inc  Common Shares  1.4 M  23.4 M  
Group One Trading Lp  Call Options  1.1 M  19.1 M  
Vanguard Group Inc  Common Shares  1.1 M  18.9 M  
Dimensional Fund Advisors Lp  Common Shares  934.2 K  16 M  
State Street Corp  Common Shares  733.6 K  12.6 M  
Susquehanna International Group Llp  Put Options  564.1 K  9.7 M  
Susquehanna International Group Llp  Common Shares  490.8 K  8.4 M  
Bank Of New York Mellon Corp  Common Shares  448.2 K  7.7 M  
Two Sigma Investments Lp  Common Shares  401.9 K  6.9 M 
Big 5 Fundamentals
Return On Equity  40.96 %  
Return On Asset  11.69 %  
Profit Margin  8.81 %  
Operating Margin  13.10 %  
Current Valuation  509.03 M  
Shares Outstanding  22.31 M  
Shares Owned by Insiders  4.44 %  
Shares Owned by Institutions  53.64 %  
Number of Shares Shorted  8.68 M  
Price to Earning  2.64 X  
Price to Book  0.95 X  
Price to Sales  0.23 X  
Revenue  1.16 B  
Gross Profit  435.83 M  
EBITDA  152.19 M  
Net Income  102.39 M  
Cash and Equivalents  97.42 M  
Cash per Share  4.47 X  
Total Debt  290.99 M  
Debt to Equity  1.09 %  
Current Ratio  1.51 X  
Book Value Per Share  12.78 X  
Cash Flow from Operations  115.53 M  
Short Ratio  10.04 X  
Earnings Per Share  4.60 X  
Price to Earnings To Growth  (0.90) X  
Number of Employees  2.4 K  
Beta  2.82  
Market Capitalization  270.63 M  
Total Asset  445.03 M  
Retained Earnings  115.72 M  
Working Capital  172.01 M  
Current Asset  332.93 M  
Current Liabilities  160.92 M  
Z Score  2.0  
Five Year Return  7.78 %  
Last Dividend Paid  1.0 
About Big 5 Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Big 5 Sporting's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Big 5 using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Big 5 Sporting 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.Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company was founded in 1955 and is headquartered in El Segundo, California. Big 5 operates under Specialty Retail classification in the United States and is traded on NASDAQ Exchange. It employs 2400 people.
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Our tools can tell you how much better you can do entering a position in Big 5 without increasing your portfolio risk or giving up 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 Trading with Big 5
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 Big 5 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 Big 5 will appreciate offsetting losses from the drop in the long position's value.Big 5 Pair Correlation
Correlation Analysis For Direct Indexing and Taxloss Harvesting
The ability to find closely correlated positions to Big 5 could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Big 5 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 Big 5  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 Big 5 Sporting to buy it.
The correlation of Big 5 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 Big 5 moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Big 5 Sporting 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 Big 5 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.Continue to Big 5 Piotroski F Score and Big 5 Valuation analysis. Note that the Big 5 Sporting information on this page should be used as a complementary analysis to other Big 5'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 Focused Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Big 5 Stock analysis
When running Big 5 Sporting price analysis, check to measure Big 5'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 Big 5 is operating at the current time. Most of Big 5's value examination focuses on studying past and present price action to predict the probability of Big 5's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Big 5's price. Additionally, you may evaluate how the addition of Big 5 to your portfolios can decrease your overall portfolio volatility.
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The market value of Big 5 Sporting is measured differently than its book value, which is the value of Big 5 that is recorded on the company's balance sheet. Investors also form their own opinion of Big 5's value that differs from its market value or its book value, called intrinsic value, which is Big 5'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 Big 5's market value can be influenced by many factors that don't directly affect Big 5'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 Big 5's value and its price as these two are different measures arrived at by different means. Investors typically determine Big 5 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big 5'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.