Atlassian Z Score

TEAM
 Stock
  

USD 210.59  1.74  0.82%   

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 Atlassian Cls Piotroski F Score and Atlassian Cls Valuation analysis.
  

Atlassian Z Score Analysis

Atlassian Cls' 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 Atlassian Cls Z Score

    
  29.99  
Most of Atlassian Cls' 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, Atlassian Cls A 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 )
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, Atlassian Cls A has a Z Score of 29.99. This is 122.97% higher than that of the Technology sector and significantly higher than that of the Software—Application industry. The z score for all United States stocks is notably lower than that of the firm.

Atlassian Z Score Peer Comparison

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

Atlassian Cls Institutional Holders

Institutional Holdings refers to the ownership stake in Atlassian Cls that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Atlassian Cls' 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 Atlassian Cls' value.
Security TypeSharesValue
Price T Rowe Associates IncCommon Shares22.7 M4.3 B
Sands Capital Management LlcCommon Shares6.5 M1.2 B
Baillie Gifford CoCommon Shares5.4 MB
Janus Henderson Group PlcCommon Shares5.4 MB
Artisan Partners Limited PartnershipCommon Shares5.2 M974.4 M
Jennison Associates LlcCommon SharesM944.3 M
Blackrock IncCommon Shares3.8 M707.4 M

Atlassian Fundamentals

About Atlassian Cls Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Atlassian Cls A's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Atlassian Cls using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Atlassian Cls A 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.
Atlassian Corporation Plc, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Atlassian Corporation Plc was founded in 2002 and is headquartered in Sydney, Australia. Atlassian Cls operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 8179 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Atlassian Cls without increasing your portfolio risk or giving up the 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 Atlassian Cls Piotroski F Score and Atlassian Cls Valuation analysis. Note that the Atlassian Cls A information on this page should be used as a complementary analysis to other Atlassian Cls' 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

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Is Atlassian Cls' 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 Atlassian Cls. If investors know Atlassian 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 Atlassian Cls 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 Atlassian Cls A is measured differently than its book value, which is the value of Atlassian that is recorded on the company's balance sheet. Investors also form their own opinion of Atlassian Cls' value that differs from its market value or its book value, called intrinsic value, which is Atlassian Cls' 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 Atlassian Cls' market value can be influenced by many factors that don't directly affect Atlassian Cls' 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 Atlassian Cls' value and its price as these two are different measures arrived at by different means. Investors typically determine Atlassian Cls value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Atlassian Cls' 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.