Seneca Z Score

SENEA
 Stock
  

USD 61.44  1.55  2.46%   

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, take a look at Seneca Foods Piotroski F Score and Seneca Foods Valuation analysis.
  
Seneca Foods Return on Invested Capital is projected to increase slightly based on the last few years of reporting. The past year's Return on Invested Capital was at 0.1. The current year Working Capital is expected to grow to about 263.5 M, whereas Capital Expenditure is forecasted to decline to (12.2 M). Seneca Foods Consolidated Income is projected to increase significantly based on the last few years of reporting. The past year's Consolidated Income was at 49.01 Million. The current year Earning Before Interest and Taxes EBIT is expected to grow to about 85.9 M, whereas Direct Expenses is forecasted to decline to about 1.1 B.

Seneca Z Score Analysis

Seneca Foods' 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..
 2021 2022 (projected)
Consolidated Income49.01 M52.88 M
Direct Expenses1.24 B1.15 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Seneca Foods Z Score

    
  2.2  
Most of Seneca Foods' 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, Seneca Foods Cp 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 )

Seneca Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Seneca Foods is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Seneca Foods' 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 Seneca Foods' 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 Seneca Foods' 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, Seneca Foods Cp has a Z Score of 2.2. This is 75.72% lower than that of the Consumer Defensive sector and 6.78% lower than that of the Packaged Foods industry. The z score for all United States stocks is 74.77% higher than that of the company.

Seneca Z Score Peer Comparison

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

Seneca Foods Current Valuation Drivers

We derive many important indicators used in calculating different scores of Seneca Foods from analyzing Seneca Foods' financial statements. These drivers represent accounts that assess Seneca Foods' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Seneca Foods' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee(3.21 K)1.55 K16.31 K42.03 K17 K18.34 K
Revenue Per Employee305.76 K324.21 K416.29 K489.21 K461.76 K403.09 K
Earnings Before Interest Taxes and Depreciation Amortization EBITDA25.83 M(4.32 M)103.64 M204.69 M109.85 M89.96 M

Seneca Foods Institutional Holders

Institutional Holdings refers to the ownership stake in Seneca Foods that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Seneca Foods' 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 Seneca Foods' value.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares3.1 K126 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.9 K83 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares2.4 K87 K
Ziegler Capital Management LlcCommon Shares14.5 K803 K
Ziegler Capital Management LlcCommon Shares14.1 K726 K
Ziegler Capital Management LlcCommon Shares16.1 K771 K
Ziegler Capital Management LlcCommon Shares21.1 KM

Seneca Fundamentals

About Seneca Foods Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Seneca Foods Cp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Seneca Foods using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Seneca Foods Cp 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.
Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally. The company was incorporated in 1949 and is headquartered in Marion, New York. Seneca Foods operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 2900 people.
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 Seneca Foods 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, Seneca Foods' short interest history, or implied volatility extrapolated from Seneca Foods options trading.

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Additionally, take a look at Seneca Foods Piotroski F Score and Seneca Foods Valuation analysis. Note that the Seneca Foods Cp information on this page should be used as a complementary analysis to other Seneca Foods' 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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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When running Seneca Foods Cp price analysis, check to measure Seneca Foods' 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 Seneca Foods is operating at the current time. Most of Seneca Foods' value examination focuses on studying past and present price action to predict the probability of Seneca Foods' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Seneca Foods' price. Additionally, you may evaluate how the addition of Seneca Foods to your portfolios can decrease your overall portfolio volatility.
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Is Seneca Foods' 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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
0.55
Market Capitalization
482.1 M
Quarterly Revenue Growth YOY
0.18
Return On Assets
0.0323
Return On Equity
0.0805
The market value of Seneca Foods Cp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine Seneca Foods value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.