Shore Z Score

SHBI -  USA Stock  

USD 19.82  0.17  0.85%

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 Shore Bancshares Piotroski F Score and Shore Bancshares Valuation analysis.

Shore Z Score 

 
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Shore Bancshares Invested Capital is most likely to decrease significantly in the upcoming years. The last year's value of Invested Capital was reported at 845.89 Million. The current Market Capitalization is estimated to increase to about 162.5 M, while Capital Expenditure is projected to decrease to (1.5 M). The current Net Income is estimated to increase to about 15.3 M, while Consolidated Income is projected to decrease to roughly 7.4 M.

Shore Z Score Analysis

Shore 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..
 2021 2022 (projected)
Revenues USD56.2 M54.22 M
Revenues63.38 M60.13 M
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Shore Bancshares Z Score

    
  6.6  
Most of Shore 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, Shore 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 )

Shore Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Shore 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 Shore 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 Shore 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 Shore 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, Shore Bancshares has a Z Score of 6.6. This is 173.86% higher than that of the Financial Services sector and significantly higher than that of the Banks—Regional industry. The z score for all United States stocks is 24.31% higher than that of the company.

Shore Z Score Peer Comparison

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

Shore Bancshares Current Valuation Drivers

We derive many important indicators used in calculating different scores of Shore Bancshares from analyzing Shore Bancshares' financial statements. These drivers represent accounts that assess Shore Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Shore Bancshares' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee32.55 K85.61 K55.09 K53.18 K47.86 K51.64 K
Revenue Per Employee189.45 K222.33 K237.37 K238.08 K214.27 K197.61 K

Shore Bancshares Institutional Holders

Institutional Holdings refers to the ownership stake in Shore Bancshares that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Shore Bancshares' 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 Shore Bancshares' value.
Security TypeSharesValue
Hennessy Advisors IncCommon Shares100 K2.1 M
Gilman Hill Asset Management LlcCommon Shares48.2 KM
Russell Investments Group LtdCommon Shares15.9 K331 K
Founders Capital ManagementCommon Shares1.5 K31 K
Private Ocean LlcCommon Shares100021 K
Carroll Financial Associates IncCommon Shares227K
Tci Wealth Advisors IncCommon Shares121K

Shore Fundamentals

About Shore Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Shore Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shore Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shore 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.
Shore Bancshares, Inc. operates as a bank holding company for the Shore United Bank that provides various commercial and consumer banking products and services to individuals, businesses, and other organizations. The company was founded in 1876 and is headquartered in Easton, Maryland. Shore Bancshares operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 287 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Shore 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, take a look at Shore Bancshares Piotroski F Score and Shore Bancshares Valuation analysis. Note that the Shore Bancshares information on this page should be used as a complementary analysis to other Shore 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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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