Simply Z Score

SMPL
 Stock
  

USD 40.05  0.63  1.60%   

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 Simply Good Piotroski F Score and Simply Good Valuation analysis.
  
Simply Good Return on Invested Capital is relatively stable at the moment as compared to the past year. The company's current value of Return on Invested Capital is estimated at 0.009368. Invested Capital Average is expected to hike to about 1.1 B this year, although the value of Capital Expenditure will most likely fall to (1.5 M). Simply Good Consolidated Income is relatively stable at the moment as compared to the past year. The company's current value of Consolidated Income is estimated at 6.48 Million. Earning Before Interest and Taxes EBIT is expected to hike to about 10.2 M this year, although the value of Operating Expenses will most likely fall to nearly 20.1 M.

Simply Z Score Analysis

Simply Good'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 Simply Good Z Score

    
  5.8  
Most of Simply Good'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, Simply Good Foods 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 )

Simply Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Simply Good is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Simply Good'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 Simply Good'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 Simply Good'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, Simply Good Foods has a Z Score of 5.8. This is 35.98% lower than that of the Food Products sector and 145.76% higher than that of the Consumer Staples industry. The z score for all United States stocks is 33.49% higher than that of the company.

Simply Z Score Peer Comparison

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

Simply Good Institutional Holders

Institutional Holdings refers to the ownership stake in Simply Good that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Simply Good'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 Simply Good's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon SharesK256 K
Zwj Investment Counsel IncCommon SharesK302 K
Zwj Investment Counsel IncCommon SharesK304 K
Zwj Investment Counsel IncCommon SharesK333 K
Zwj Investment Counsel IncCommon SharesK276 K
Zwj Investment Counsel IncCommon SharesK292 K
Zwj Investment Counsel IncCommon Shares11.5 K350 K

Simply Fundamentals

About Simply Good Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Simply Good Foods's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Simply Good using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Simply Good Foods 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.
The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The Simply Good Foods Company was incorporated in 2017 and is headquartered in Denver, Colorado. Simply Good operates under Packaged Foods classification in the United States and is traded on NASDAQ Exchange. It employs 260 people.

Simply Good Investors Sentiment

The influence of Simply Good'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 Simply. 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 Simply Good's public news can be used to forecast risks associated with investment in Simply. The trend in average sentiment can be used to explain how an investor holding Simply can time the market purely based on public headlines and social activities around Simply Good Foods. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Simply Good'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 Simply Good'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 Simply Good's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Simply Good.
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 Simply Good 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, Simply Good's short interest history, or implied volatility extrapolated from Simply Good options trading.

Currently Active Assets on Macroaxis

Additionally, take a look at Simply Good Piotroski F Score and Simply Good Valuation analysis. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for analysis

When running Simply Good Foods price analysis, check to measure Simply Good'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 Simply Good is operating at the current time. Most of Simply Good's value examination focuses on studying past and present price action to predict the probability of Simply Good's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Simply Good's price. Additionally, you may evaluate how the addition of Simply Good to your portfolios can decrease your overall portfolio volatility.
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Is Simply Good'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 Simply Good. If investors know Simply 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 Simply Good 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
0.58
Market Capitalization
B
Quarterly Revenue Growth YOY
0.055
Return On Assets
0.0613
Return On Equity
0.0826
The market value of Simply Good Foods is measured differently than its book value, which is the value of Simply that is recorded on the company's balance sheet. Investors also form their own opinion of Simply Good's value that differs from its market value or its book value, called intrinsic value, which is Simply Good'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 Simply Good's market value can be influenced by many factors that don't directly affect Simply Good'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 Simply Good's value and its price as these two are different measures arrived at by different means. Investors typically determine Simply Good value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simply Good'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.