Blackrock Z Score
BLK  Stock  USD 696.51 0.24 0.0345% 
Blackrock  Z Score 
Blackrock Z Score Analysis
Blackrock'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..Current Blackrock Z Score  6.6 
Most of Blackrock'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, Blackrock is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Blackrock Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Blackrock is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Blackrock'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 Blackrock'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 Blackrock'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, Blackrock has a Z Score of 6.6. This is 173.86% higher than that of the Financial Services sector and 2.17% higher than that of the Asset Management industry. The z score for all United States stocks is 24.31% higher than that of the company.
Blackrock Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Blackrock'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 Blackrock could also be used in its relative valuation, which is a method of valuing Blackrock by comparing valuation metrics of similar companies.Blackrock is currently under evaluation in z score category among related companies.
Blackrock Current Valuation Drivers
We derive many important indicators used in calculating different scores of Blackrock from analyzing Blackrock's financial statements. These drivers represent accounts that assess Blackrock's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Blackrock's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  357.55 K  288.93 K  276.3 K  298.09 K  320.71 K  283.19 K  
Revenue Per Employee  898.63 K  952.89 K  897.47 K  979.44 K  1.05 M  941.72 K  
Average Assets  222.22 B  186.5 B  165.21 B  162.12 B  168.28 B  171.37 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  5.67 B  5.79 B  6.34 B  6.85 B  8.63 B  7.73 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  5.67 B  5.79 B  6.34 B  6.85 B  8.63 B  7.73 B  
Earnings before Tax  5.22 B  5.38 B  5.74 B  6.17 B  7.87 B  7.01 B  
Average Equity  30.14 B  32.22 B  32.29 B  33.72 B  36.48 B  36.29 B  
Enterprise Value  81.12 B  60.41 B  79.11 B  110.76 B  140.15 B  114.38 B  
Free Cash Flow  3.79 B  2.87 B  2.63 B  3.55 B  4.6 B  4.19 B  
Invested Capital  187.61 B  126.7 B  135.82 B  143.52 B  118.84 B  132.38 B  
Invested Capital Average  190.62 B  154.06 B  133.85 B  130.09 B  134.95 B  141.19 B  
Market Capitalization  82.36 B  61.95 B  77.6 B  110.04 B  139.09 B  113.22 B  
Tangible Asset Value  189.63 B  128.21 B  135.69 B  144.17 B  118.84 B  132.21 B 
Blackrock ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Blackrock's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Blackrock's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
Blackrock Fundamentals
Return On Equity  16.42 %  
Return On Asset  3.04 %  
Profit Margin  30.12 %  
Operating Margin  40.52 %  
Current Valuation  104.76 B  
Shares Outstanding  151.92 M  
Shares Owned by Insiders  1.10 %  
Shares Owned by Institutions  80.28 %  
Number of Shares Shorted  2.13 M  
Price to Earning  18.36 X  
Price to Book  2.85 X  
Price to Sales  5.41 X  
Revenue  19.38 B  
Gross Profit  9.82 B  
EBITDA  7.85 B  
Net Income  5.84 B  
Cash and Equivalents  6.93 B  
Cash per Share  45.90 X  
Total Debt  9.29 B  
Debt to Equity  0.24 %  
Current Ratio  1.75 X  
Book Value Per Share  242.24 X  
Cash Flow from Operations  5.1 B  
Short Ratio  2.81 X  
Earnings Per Share  37.61 X  
Price to Earnings To Growth  3.07 X  
Number of Employees  18.4 K  
Beta  1.27  
Market Capitalization  104.9 B  
Total Asset  225.26 B  
Retained Earnings  17.71 B  
Working Capital  5.28 B  
Current Asset  8.32 B  
Current Liabilities  3.04 B  
Z Score  6.6  
Five Year Return  2.34 %  
Last Dividend Paid  19.52 
About Blackrock Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Blackrock's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Blackrock using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Blackrock 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.The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, thirdparty mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts London, United Kingdom Gurgaon, India Hong Kong Greenwich, Connecticut Princeton, New Jersey Edinburgh, United Kingdom Sydney, Australia Taipei, Taiwan Singapore Sao Paulo, Brazil Philadelphia, Pennsylvania Washington, District of Columbia Toronto, Canada Wilmington, Delaware and San Francisco, California. Blackrock operates under Asset Management classification in the United States and is traded on New York Stock Exchange. It employs 18400 people.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Blackrock 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 Blackrock
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 Blackrock 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 Blackrock will appreciate offsetting losses from the drop in the long position's value.Moving together with Blackrock
0.67  AAMC  Altisource Asset Man  Earnings Call Tomorrow  PairCorr  
0.83  BAM  Brookfield Asset Man  Earnings Call Tomorrow  PairCorr  
0.85  BEN  Franklin Resources  Fiscal Year End 7th of November 2022  PairCorr 
The ability to find closely correlated positions to Blackrock could be a great tool in your taxloss harvesting strategies, allowing investors a quick way to find a similarenough asset to replace Blackrock 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 Blackrock  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 Blackrock to buy it.
The correlation of Blackrock 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 Blackrock moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Blackrock 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 Blackrock 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 Blackrock Piotroski F Score and Blackrock Valuation analysis. Note that the Blackrock information on this page should be used as a complementary analysis to other Blackrock'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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and riskadjusted market performance.
Complementary Tools for Blackrock Stock analysis
When running Blackrock price analysis, check to measure Blackrock'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 Blackrock is operating at the current time. Most of Blackrock's value examination focuses on studying past and present price action to predict the probability of Blackrock's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Blackrock's price. Additionally, you may evaluate how the addition of Blackrock to your portfolios can decrease your overall portfolio volatility.
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Is Blackrock'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 Blackrock. If investors know Blackrock 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 Blackrock 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 0.21  Market Capitalization 105.1 B  Quarterly Revenue Growth YOY 0.061  Return On Assets 0.0304  Return On Equity 0.16 
The market value of Blackrock is measured differently than its book value, which is the value of Blackrock that is recorded on the company's balance sheet. Investors also form their own opinion of Blackrock's value that differs from its market value or its book value, called intrinsic value, which is Blackrock'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 Blackrock's market value can be influenced by many factors that don't directly affect Blackrock'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 Blackrock's value and its price as these two are different measures arrived at by different means. Investors typically determine Blackrock value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blackrock'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.