Fox Factory Z Score

FOXF
 Stock
  

USD 106.10  3.47  3.38%   

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 check Fox Factory Piotroski F Score and Fox Factory Valuation analysis.
  
Fox Factory Invested Capital is projected to increase significantly based on the last few years of reporting. The past year's Invested Capital was at 964.31 Million. The current year Invested Capital Average is expected to grow to about 905.8 M, whereas Capital Expenditure is forecasted to decline to (56.3 M). Fox Factory Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 163.82 Million. The current year Cost of Revenue is expected to grow to about 935.2 M, whereas Weighted Average Shares is forecasted to decline to about 37.4 M.

Fox Factory Z Score Analysis

Fox Factory'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..
 2015 2021 2022 (projected)
Consolidated Income24.95 M163.82 M176.75 M
Direct Expenses254.76 M866.73 M935.16 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Fox Factory Z Score

    
  10.4  
Most of Fox Factory'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, Fox Factory Holding 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 )

Fox Factory Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Fox Factory is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Fox Factory'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 Fox Factory'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 Fox Factory'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

According to the company's disclosures, Fox Factory Holding has a Z Score of 10.4. This is 221.98% higher than that of the Auto Components sector and notably higher than that of the Consumer Discretionary industry. The z score for all United States stocks is 19.27% lower than that of the firm.

Fox Factory Z Score Peer Comparison

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

Fox Factory Fundamentals

About Fox Factory Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Fox Factory Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fox Factory using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fox Factory Holding 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.
Fox Factory Holding Corp. designs, engineers, manufactures, and markets ride dynamics products worldwide. Fox Factory Holding Corp. was incorporated in 2007 and is headquartered in Duluth, Georgia. Fox Factory operates under Auto Parts classification in the United States and is traded on NASDAQ Exchange. It employs 4200 people.

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Please check Fox Factory Piotroski F Score and Fox Factory Valuation analysis. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is Fox Factory'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 Fox Factory. If investors know Fox Factory 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 Fox Factory 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
0.17
Market Capitalization
4.3 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0913
Return On Equity
0.2
The market value of Fox Factory Holding is measured differently than its book value, which is the value of Fox Factory that is recorded on the company's balance sheet. Investors also form their own opinion of Fox Factory's value that differs from its market value or its book value, called intrinsic value, which is Fox Factory'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 Fox Factory's market value can be influenced by many factors that don't directly affect Fox Factory'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 Fox Factory's value and its price as these two are different measures arrived at by different means. Investors typically determine Fox Factory value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fox Factory'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.