Hyster Z Score
HY  Stock  USD 30.93 0.78 2.59% 
Hyster  Z Score 
Hyster Z Score Analysis
Hyster Yale'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..2019  2020  2021  2022 (projected)  
Receivables  468.3 M  412.1 M  457.4 M  407.84 M 
Inventories  559.9 M  509.4 M  781 M  842.66 M 
Z Score  =  Sum Of   5 Factors 
Current Hyster Yale Z Score  3.0 
Most of Hyster Yale'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, Hyster Yale Materials is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

Hyster Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Hyster Yale is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Hyster Yale'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 Hyster Yale'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 Hyster Yale'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 
According to the company's disclosures, Hyster Yale Materials has a Z Score of 3.0. This is 26.29% lower than that of the Industrials sector and significantly higher than that of the Farm & Heavy Construction Machinery industry. The z score for all United States stocks is 65.6% higher than that of the company.
Hyster Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Hyster Yale'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 Hyster Yale could also be used in its relative valuation, which is a method of valuing Hyster Yale by comparing valuation metrics of similar companies.Hyster Yale is currently under evaluation in z score category among related companies.
Hyster Yale Current Valuation Drivers
We derive many important indicators used in calculating different scores of Hyster Yale from analyzing Hyster Yale's financial statements. These drivers represent accounts that assess Hyster Yale's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hyster Yale's important valuation drivers and their relationship over time.
2017  2018  2019  2020  2021  2022 (projected)  
Net Income Per Employee  7.15 K  4.45 K  4.53 K  4.87 K  (21.36 K)  (21.92 K)  
Revenue Per Employee  424.29 K  406.97 K  416.68 K  369 K  379.72 K  450.28 K  
Average Assets  1.53 B  1.72 B  1.87 B  1.79 B  1.96 B  1.86 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  117.8 M  80 M  95.1 M  86.1 M  (110.3 M)  (113.2 M)  
Earnings Before Interest Taxes and Depreciation Amortization USD  150.9 M  97 M  110.2 M  97.4 M  (83 M)  (85.18 M)  
Earnings before Tax  93.5 M  37 M  47.1 M  40.8 M  (144.7 M)  (148.51 M)  
Average Equity  532.52 M  560.77 M  527.88 M  557.05 M  502.62 M  531.71 M  
Enterprise Value  1.46 B  1.2 B  1.27 B  1.21 B  1.06 B  1.23 B  
Free Cash Flow  (77.9 M)  125 M  34.7 M  123.2 M  (293.7 M)  (301.43 M)  
Invested Capital  910.9 M  1.01 B  1.09 B  1.07 B  1.21 B  1.09 B  
Invested Capital Average  833.7 M  950.52 M  1.12 B  1.1 B  1.18 B  1.06 B  
Market Capitalization  1.4 B  1.03 B  982.68 M  1 B  691.59 M  809.07 M  
Tangible Asset Value  1.53 B  1.57 B  1.68 B  1.69 B  1.86 B  1.77 B  
Working Capital  439 M  355.4 M  338.8 M  373.8 M  245.4 M  311.72 M 
Hyster Yale Institutional Holders
Institutional Holdings refers to the ownership stake in Hyster Yale that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hyster Yale'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 Hyster Yale's value.Security Type  Shares  Value  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  11 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  11 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  14 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  17 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  25 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  29 K  
Zurcher Kantonalbank Zurich Cantonalbank  Common Shares  336  20 K 
Hyster Fundamentals
Return On Equity  (54.96) %  
Return On Asset  (4.22) %  
Profit Margin  (6.81) %  
Operating Margin  (2.78) %  
Current Valuation  992.88 M  
Shares Outstanding  12.99 M  
Shares Owned by Insiders  26.59 %  
Shares Owned by Institutions  59.05 %  
Number of Shares Shorted  342.28 K  
Price to Earning  14.08 X  
Price to Book  0.85 X  
Price to Sales  0.16 X  
Revenue  3.3 B  
Gross Profit  363.4 M  
EBITDA  (91.7 M)  
Net Income  (224.9 M)  
Cash and Equivalents  78.2 M  
Cash per Share  4.62 X  
Total Debt  580.6 M  
Debt to Equity  2.60 %  
Current Ratio  1.11 X  
Book Value Per Share  36.71 X  
Cash Flow from Operations  (152.6 M)  
Short Ratio  6.24 X  
Earnings Per Share  2.21 X  
Price to Earnings To Growth  (0.41) X  
Number of Employees  8.1 K  
Beta  1.13  
Market Capitalization  523.48 M  
Total Asset  1.1 B  
Retained Earnings  384.6 M  
Working Capital  313.7 M  
Current Asset  818.9 M  
Current Liabilities  505.2 M  
Z Score  3.0  
Five Year Return  2.48 %  
Last Dividend Paid  1.29 
About Hyster Yale Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Hyster Yale Materials's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hyster Yale using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hyster Yale Materials 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.HysterYale Materials Handling, Inc., through its subsidiaries, designs, engineers, manufactures, sells, and services a line of lift trucks, attachments, and aftermarket parts worldwide. HysterYale Materials Handling, Inc. was incorporated in 1991 and is headquartered in Cleveland, Ohio. Hyster Yale operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 8100 people.
Hyster Yale Investors Sentiment
The influence of Hyster Yale's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decisionmaking process regarding taking a position in Hyster. The overall investor sentiment generally increases the direction of a stock movement in a oneyear investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Hyster Yale's public news can be used to forecast risks associated with investment in Hyster. The trend in average sentiment can be used to explain how an investor holding Hyster can time the market purely based on public headlines and social activities around Hyster Yale Materials. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Hyster Yale's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hyster Yale's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hyster Yale's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hyster Yale.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hyster Yale in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hyster Yale's short interest history, or implied volatility extrapolated from Hyster Yale options trading.
Becoming a Better Investor with Macroaxis
Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Hyster Yale Materials 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.Build Optimal Portfolios
Align your risk with return expectations
Please check Hyster Yale Piotroski F Score and Hyster Yale Valuation analysis. You can also try Analyst Recommendations module to analyst recommendations and target price estimates broken down by several categories.
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Is Hyster Yale'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 Hyster Yale. If investors know Hyster 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 Hyster Yale 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 (0.48)  Market Capitalization 510.7 M  Quarterly Revenue Growth YOY 0.12  Return On Assets (0.0378)  Return On Equity (0.60) 
The market value of Hyster Yale Materials is measured differently than its book value, which is the value of Hyster that is recorded on the company's balance sheet. Investors also form their own opinion of Hyster Yale's value that differs from its market value or its book value, called intrinsic value, which is Hyster Yale'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 Hyster Yale's market value can be influenced by many factors that don't directly affect Hyster Yale'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 Hyster Yale's value and its price as these two are different measures arrived at by different means. Investors typically determine Hyster Yale value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hyster Yale'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.