National Z Score

NCMI
 Stock
  

USD 0.42  0.02  4.55%   

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. Additionally, see National Cinemedia Piotroski F Score and National Cinemedia Valuation analysis.
  
National Cinemedia Invested Capital is most likely to decrease significantly in the upcoming years. The last year's value of Invested Capital was reported at 972.36 Million. The current Market Capitalization is estimated to increase to about 273.4 M, while Capital Expenditure is projected to decrease to (9.9 M). National Cinemedia Gross Profit is most likely to decrease significantly in the upcoming years. The last year's value of Gross Profit was reported at 42.21 Million. The current Interest Expense is estimated to increase to about 65.5 M, while Consolidated Income is projected to decrease to (116.7 M).

National Z Score Analysis

National Cinemedia'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 2020 2021 2022 (projected)
Interest Expense64.8 M55.8 M64.17 M65.52 M
Gross Profit37.7 M46.9 M42.21 M43.32 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis
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 )

National Z Score Driver Correlations

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

Based on the company's disclosures, National Cinemedia has a Z Score of 0.0. This is 100.0% lower than that of the Communication Services sector and about the same as Advertising Agencies (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

National Z Score Peer Comparison

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

National Cinemedia Institutional Holders

Institutional Holdings refers to the ownership stake in National Cinemedia that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of National Cinemedia'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 National Cinemedia's value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K18 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K20 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K22 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares7.9 K58 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares7.9 K65 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares7.9 K52 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares6.7 K48 K

National Fundamentals

About National Cinemedia Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze National Cinemedia's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of National Cinemedia using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of National Cinemedia 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.
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. The company was incorporated in 2006 and is headquartered in Centennial, Colorado. National Cinemedia operates under Advertising Agencies classification in the United States and is traded on NASDAQ Exchange. It employs 346 people.

National Cinemedia Investors Sentiment

The influence of National Cinemedia's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in National. The overall investor sentiment generally increases the direction of a stock movement in a one-year 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 National Cinemedia's public news can be used to forecast risks associated with investment in National. The trend in average sentiment can be used to explain how an investor holding National can time the market purely based on public headlines and social activities around National Cinemedia. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
National Cinemedia'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 National Cinemedia'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 National Cinemedia's news discussions. The higher the estimated score, the more favorable is the investor's outlook on National Cinemedia.
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 National Cinemedia 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, National Cinemedia's short interest history, or implied volatility extrapolated from National Cinemedia 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 National Cinemedia 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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Additionally, see National Cinemedia Piotroski F Score and National Cinemedia Valuation analysis. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Complementary Tools for analysis

When running National Cinemedia price analysis, check to measure National Cinemedia'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 National Cinemedia is operating at the current time. Most of National Cinemedia's value examination focuses on studying past and present price action to predict the probability of National Cinemedia's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move National Cinemedia's price. Additionally, you may evaluate how the addition of National Cinemedia to your portfolios can decrease your overall portfolio volatility.
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Is National Cinemedia'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 National Cinemedia. If investors know National 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 National Cinemedia 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
(0.15) 
Market Capitalization
37.6 M
Quarterly Revenue Growth YOY
0.72
Return On Assets
(0.0053) 
The market value of National Cinemedia is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Cinemedia's value that differs from its market value or its book value, called intrinsic value, which is National Cinemedia'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 National Cinemedia's market value can be influenced by many factors that don't directly affect National Cinemedia'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 National Cinemedia's value and its price as these two are different measures arrived at by different means. Investors typically determine National Cinemedia value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Cinemedia'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.