GTY Technology Z Score

GTYH
 Stock
  

USD 6.30  0.00  0.00%   

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 Risk vs Return Analysis.
  
The current Invested Capital Average is estimated to increase to about 24.9 M, while Capital Expenditure is projected to decrease to (373.3 K). The current Consolidated Income is estimated to decrease to about (55.2 M). The current Earning Before Interest and Taxes EBIT is estimated to decrease to about (50.9 M)

GTY Technology Z Score Analysis

GTY Technology'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..
 2010 2021 2022 (projected)
Interest Expense1.76 M3.36 M3.25 M
Gross Profit29.66 M38.08 M39.65 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current GTY Technology Z Score

    
  7.2  
Most of GTY Technology'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, GTY Technology Holdings 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 )

GTY Technology Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for GTY Technology is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since GTY Technology'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 GTY Technology'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 GTY Technology'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, GTY Technology Holdings has a Z Score of 7.2. This is 46.47% lower than that of the Technology sector and significantly higher than that of the Software—Application industry. The z score for all United States stocks is 17.43% higher than that of the company.

GTY Technology Z Score Peer Comparison

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

GTY Technology Fundamentals

About GTY Technology Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze GTY Technology Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of GTY Technology using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of GTY Technology Holdings 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.
GTY Technology Holdings Inc. operates as a software-as-a-service company that offers a cloud-based suite of solutions for the public sector in North America. As of July 7, 2022, GTY Technology Holdings Inc. was taken private. GTY Technology operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5 people.

Be your own money manager

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

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Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as GTY Technology Holdings using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

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Please check Risk vs Return Analysis. Note that the GTY Technology Holdings information on this page should be used as a complementary analysis to other GTY Technology'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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

Other Tools for GTY Technology Stock

When running GTY Technology Holdings price analysis, check to measure GTY Technology'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 GTY Technology is operating at the current time. Most of GTY Technology's value examination focuses on studying past and present price action to predict the probability of GTY Technology's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move GTY Technology's price. Additionally, you may evaluate how the addition of GTY Technology to your portfolios can decrease your overall portfolio volatility.
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