Ingersoll Z Score

IR
 Stock
  

USD 42.30  0.22  0.52%   

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 see Ingersoll Rand Piotroski F Score and Ingersoll Rand Valuation analysis.
  
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As of 07/02/2022, Capital Expenditure is likely to drop to about (58.9 M). In addition to that, Return on Invested Capital is likely to drop to 0.10. Ingersoll Rand Weighted Average Shares Diluted is relatively stable at the moment as compared to the past year. Ingersoll Rand reported last year Weighted Average Shares Diluted of 421.2 Million

Ingersoll Z Score Analysis

Ingersoll Rand'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..
 2019 2021 2022 (projected)
Long Term Debt to Equity0.860.380.39
Interest Coverage3.116.456.96
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Ingersoll Rand Z Score

    
  2.4  
Most of Ingersoll Rand'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, Ingersoll Rand 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 )

Ingersoll Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Ingersoll Rand is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Ingersoll Rand'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 Ingersoll Rand'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 Ingersoll Rand'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, Ingersoll Rand has a Z Score of 2.4. This is 41.03% lower than that of the Industrials sector and significantly higher than that of the Specialty Industrial Machinery industry. The z score for all United States stocks is 72.48% higher than that of the company.

Ingersoll Z Score Peer Comparison

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

Ingersoll Rand Current Valuation Drivers

We derive many important indicators used in calculating different scores of Ingersoll Rand from analyzing Ingersoll Rand's financial statements. These drivers represent accounts that assess Ingersoll Rand's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Ingersoll Rand's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee2.88 K40.21 K24.11 K(2.09 K)35.16 K37.93 K
Revenue Per Employee371.16 K401.46 K371.5 K307.97 K322.02 K371.27 K
Average Assets4.47 B4.6 B4.59 B15.62 B15.53 B12.92 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA201.7 M629.5 M406.9 M501.7 M1.05 B1.13 B
Earnings Before Interest Taxes and Depreciation Amortization USD201.7 M629.5 M406.9 M501.7 M1.05 B1.13 B
Earnings before Tax(112.8 M)349.5 M172 M(21.9 M)540.7 M583.39 M
Average Equity871.35 M1.61 B1.8 B8.79 B8.97 B9.68 B
Free Cash Flow152.3 M395.8 M305.8 M874 M560.9 M481.14 M
Invested Capital3.05 B2.68 B2.62 B7.33 B5.12 B5.04 B
Invested Capital Average3.38 B2.88 B2.67 B6.13 B5.28 B5.1 B
Tangible Asset Value1.96 B1.83 B2.09 B6.68 B5.26 B4.52 B
Working Capital901.8 M734.8 M969.3 M2.36 B2.65 B2.14 B

Ingersoll Rand Institutional Holders

Institutional Holdings refers to the ownership stake in Ingersoll Rand that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ingersoll Rand'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 high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ingersoll Rand's value.
Security TypeSharesValue
Price T Rowe Associates IncCommon Shares68.8 M3.5 B
Vanguard Group IncCommon Shares44.1 M2.2 B
Blackrock IncCommon Shares29.6 M1.5 B
Jpmorgan Chase CoCommon Shares22.9 M1.2 B
Artisan Partners Limited PartnershipCommon Shares22.6 M1.1 B
State Street CorpCommon Shares15.6 M786.5 M
Wellington Management Group LlpCommon Shares15 M757.2 M

Ingersoll Fundamentals

About Ingersoll Rand Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ingersoll Rand's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ingersoll Rand using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ingersoll Rand 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.
Ingersoll Rand Inc. provides various mission-critical air, fluid, energy, specialty vehicle and medical technologies in the United States, Europe, the Middle East, Africa, and the Asia Pacific. Ingersoll Rand Inc. was founded in 1859 and is headquartered in Davidson, North Carolina. Ingersoll Rand operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 16000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ingersoll Rand 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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Please see Ingersoll Rand Piotroski F Score and Ingersoll Rand Valuation analysis. Note that the Ingersoll Rand information on this page should be used as a complementary analysis to other Ingersoll Rand'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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When running Ingersoll Rand price analysis, check to measure Ingersoll Rand'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 Ingersoll Rand is operating at the current time. Most of Ingersoll Rand's value examination focuses on studying past and present price action to predict the probability of Ingersoll Rand's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ingersoll Rand's price. Additionally, you may evaluate how the addition of Ingersoll Rand to your portfolios can decrease your overall portfolio volatility.
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Is Ingersoll Rand'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 Ingersoll Rand. If investors know Ingersoll 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 Ingersoll Rand 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
1.03
Market Capitalization
17.1 B
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0276
Return On Equity
0.0596
The market value of Ingersoll Rand is measured differently than its book value, which is the value of Ingersoll that is recorded on the company's balance sheet. Investors also form their own opinion of Ingersoll Rand's value that differs from its market value or its book value, called intrinsic value, which is Ingersoll Rand'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 Ingersoll Rand's market value can be influenced by many factors that don't directly affect Ingersoll Rand'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 Ingersoll Rand's value and its price as these two are different measures arrived at by different means. Investors typically determine Ingersoll Rand value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ingersoll Rand'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.