Northwest Z Score

NWBI
 Stock
  

USD 12.81  0.07  0.54%   

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. Additionally, see Northwest Bancshares Piotroski F Score and Northwest Bancshares Valuation analysis.
  
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The current Capital Expenditure is estimated to decrease to about (13.5 M). The current Return on Invested Capital is estimated to decrease to 0.0151. The current Net Income is estimated to increase to about 166.5 M, while Consolidated Income is projected to decrease to roughly 109.3 M.

Northwest Z Score Analysis

Northwest Bancshares' 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)
Net Income110.43 M154.32 M166.51 M
Gross Profit437.21 M502.8 M463.4 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Northwest Bancshares Z Score

    
  2.4  
Most of Northwest Bancshares' 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, Northwest Bancshares 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 )

Northwest Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Northwest Bancshares is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Northwest Bancshares' 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 Northwest Bancshares' 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 Northwest Bancshares' 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, Northwest Bancshares has a Z Score of 2.4. This indicator is about the same for the Financial Services average (which is currently at 2.41) sector and significantly higher than that of the Banks—Regional industry. The z score for all United States stocks is 72.48% higher than that of the company.

Northwest Bancshares Current Valuation Drivers

We derive many important indicators used in calculating different scores of Northwest Bancshares from analyzing Northwest Bancshares' financial statements. These drivers represent accounts that assess Northwest Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Northwest Bancshares' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee41.91 K46.72 K47.34 K29.59 K63.95 K69 K
Revenue Per Employee208.22 K207.03 K221.51 K223.85 K232.66 K205.26 K
Average Assets9.3 B9.51 B9.57 B10.47 B12.04 B11.39 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA86.74 M150.2 M142.03 M144.94 M166.68 M152.01 M
Earnings Before Interest Taxes and Depreciation Amortization USD86.74 M150.2 M142.03 M144.94 M166.68 M152.01 M
Earnings before Tax71.31 M135.91 M133.91 M141.11 M162.28 M143.82 M
Average Equity1.16 B1.2 B1.24 B1.34 B1.54 B1.5 B
Enterprise Value1.78 B1.8 B1.99 B2.07 B2.38 B2.32 B
Free Cash Flow120.48 M148.08 M133.68 M116.56 M134.05 M133.06 M
Invested Capital9.18 B9.21 B9.6 B10.48 B12.05 B11.52 B
Invested Capital Average9.38 B9.24 B9.43 B10.37 B11.92 B11.4 B
Market Capitalization1.83 B1.72 B1.75 B1.77 B2.04 B1.93 B
Tangible Asset Value9.28 B9.03 B9.28 B10.12 B11.64 B11.06 B

Northwest Fundamentals

About Northwest Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Northwest Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Northwest Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Northwest Bancshares 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.
Northwest Bancshares, Inc. operates as the holding company for Northwest Bank, a state-chartered savings bank that provides personal and business banking solutions. Northwest Bancshares, Inc. was founded in 1896 and is headquartered in Columbus, Ohio. Northwest Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2268 people.

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Our tools can tell you how much better you can do entering a position in Northwest Bancshares 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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Additionally, see Northwest Bancshares Piotroski F Score and Northwest Bancshares Valuation analysis. Note that the Northwest Bancshares information on this page should be used as a complementary analysis to other Northwest Bancshares' 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 Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Northwest Bancshares price analysis, check to measure Northwest Bancshares' 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 Northwest Bancshares is operating at the current time. Most of Northwest Bancshares' value examination focuses on studying past and present price action to predict the probability of Northwest Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northwest Bancshares' price. Additionally, you may evaluate how the addition of Northwest Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Northwest Bancshares' 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 Northwest Bancshares. If investors know Northwest 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 Northwest Bancshares 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
-0.31
Market Capitalization
1.6 B
Quarterly Revenue Growth YOY
-0.15
Return On Assets
0.0099
Return On Equity
0.0929
The market value of Northwest Bancshares is measured differently than its book value, which is the value of Northwest that is recorded on the company's balance sheet. Investors also form their own opinion of Northwest Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Northwest Bancshares' 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 Northwest Bancshares' market value can be influenced by many factors that don't directly affect Northwest Bancshares' 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 Northwest Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Northwest Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northwest Bancshares' 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.