Knowles Z Score

KN
 Stock
  

USD 12.52  0.46  3.54%   

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 Knowles Corp Piotroski F Score and Knowles Corp Valuation analysis.
  

Knowles Z Score Analysis

Knowles Corp'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..
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Knowles Corp Z Score

    
  7.2  
Most of Knowles Corp'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, Knowles Corp 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 )
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

Based on the company's disclosures, Knowles Corp has a Z Score of 7.2. This is 46.47% lower than that of the Technology sector and 77.72% lower than that of the Communication Equipment industry. The z score for all United States stocks is 17.43% higher than that of the company.

Knowles Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Knowles Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Knowles Corp'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 Knowles Corp's value.
Security TypeSharesValue
Blackrock IncCommon Shares16.6 M287.5 M
Vanguard Group IncCommon Shares10.3 M178.6 M
Franklin Resources IncCommon Shares10.1 M175.8 M
Dimensional Fund Advisors LpCommon Shares6.8 M118 M
Ariel Investments LlcCommon Shares3.5 M60.6 M
State Street CorpCommon Shares3.2 M55.5 M
Thrivent Financial For LutheransCommon Shares2.6 M45.8 M

Knowles Fundamentals

About Knowles Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Knowles Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Knowles Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Knowles Corp 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.
Knowles Corporation offers micro-acoustic microphones and balanced armature speakers, audio solutions, high performance capacitors, and radio frequency products for the consumer electronics, medtech, defense, electric vehicle, industrial, and communications markets. The company was founded in 1946 and is headquartered in Itasca, Illinois. Knowles Corp operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 7000 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Knowles Corp without increasing your portfolio risk or giving up the 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.

Did you try this?

Run Equity Analysis Now

   

Equity Analysis

Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Knowles Corp 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

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please see Knowles Corp Piotroski F Score and Knowles Corp Valuation analysis. You can also try Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

Complementary Tools for analysis

When running Knowles Corp price analysis, check to measure Knowles Corp'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 Knowles Corp is operating at the current time. Most of Knowles Corp's value examination focuses on studying past and present price action to predict the probability of Knowles Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Knowles Corp's price. Additionally, you may evaluate how the addition of Knowles Corp to your portfolios can decrease your overall portfolio volatility.
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
Go
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Go
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Go
Is Knowles Corp'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 Knowles Corp. If investors know Knowles 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 Knowles Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Knowles Corp is measured differently than its book value, which is the value of Knowles that is recorded on the company's balance sheet. Investors also form their own opinion of Knowles Corp's value that differs from its market value or its book value, called intrinsic value, which is Knowles Corp'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 Knowles Corp's market value can be influenced by many factors that don't directly affect Knowles Corp'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 Knowles Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Knowles Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Knowles Corp'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.