Stock.Bank of Montreal
| BMOStock | USD85.510.800.94% |
Bank of Montreal's odds of distress is less than 5% at this time. It is unlikely to undergo any financial straits in the next 24 months. Odds of distress shows the probability of financial torment over the next two years of operations under current economic and market conditions. All items used in analyzing the odds of distress are taken from the Bank balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Bank of Montreal Piotroski F Score and Bank of Montreal Altman Z Score analysis.
To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.
Bank | Probability Of Bankruptcy Market Cap Enterprise Value Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding Book Value Per Share Free Cash Flow Yield Operating Cash Flow Per Share Average Payables Stock Based Compensation To Revenue Capex To Depreciation Pb Ratio Ev To Sales Free Cash Flow Per Share Roic Net Income Per Share Sales General And Administrative To Revenue Capex To Revenue Cash Per Share Pocfratio Interest Coverage Payout Ratio Capex To Operating Cash Flow Pfcf Ratio Income Quality Roe Ev To Operating Cash Flow Pe Ratio Return On Tangible Assets Ev To Free Cash Flow Earnings Yield Intangibles To Total Assets Net Debt To E B I T D A Current Ratio Tangible Book Value Per Share Receivables Turnover Graham Number Shareholders Equity Per Share Debt To Equity Capex Per Share Graham Net Net Average Receivables Revenue Per Share Interest Debt Per Share Debt To Assets Enterprise Value Over E B I T D A Short Term Coverage Ratios Price Earnings Ratio Price Book Value Ratio Price Earnings To Growth Ratio Dividend Payout Ratio Price To Operating Cash Flows Ratio Price To Free Cash Flows Ratio Pretax Profit Margin Ebt Per Ebit Operating Profit Margin Effective Tax Rate Company Equity Multiplier Long Term Debt To Capitalization Total Debt To Capitalization Return On Capital Employed Debt Equity Ratio Ebit Per Revenue Quick Ratio Dividend Paid And Capex Coverage Ratio Net Income Per E B T Cash Ratio Operating Cash Flow Sales Ratio Days Of Sales Outstanding Free Cash Flow Operating Cash Flow Ratio Cash Flow Coverage Ratios Price To Book Ratio Fixed Asset Turnover Capital Expenditure Coverage Ratio Price Cash Flow Ratio Enterprise Value Multiple Debt Ratio Cash Flow To Debt Ratio Price Sales Ratio Return On Assets Asset Turnover Net Profit Margin Price Fair Value Return On Equity Change In Cash Stock Based Compensation Free Cash Flow Change In Working Capital Begin Period Cash Flow Other Cashflows From Financing Activities Depreciation Other Non Cash Items Dividends Paid Capital Expenditures Total Cash From Operating Activities Net Income Total Cash From Financing Activities End Period Cash Flow Sale Purchase Of Stock Change To Inventory Investments Net Borrowings Total Cashflows From Investing Activities Change To Account Receivables Change To Operating Activities Other Cashflows From Investing Activities Change To Netincome Change To Liabilities Issuance Of Capital Stock Total Assets Short Long Term Debt Total Total Stockholder Equity Property Plant And Equipment Net Net Debt Retained Earnings Cash Non Current Assets Total Non Currrent Assets Other Other Assets Cash And Short Term Investments Common Stock Shares Outstanding Liabilities And Stockholders Equity Non Current Liabilities Total Other Stockholder Equity Total Liab Property Plant And Equipment Gross Total Current Assets Total Current Liabilities Accounts Payable Net Receivables Other Current Assets Short Term Debt Other Current Liab Other Liab Net Tangible Assets Long Term Debt Good Will Common Stock Total Equity Short Term Investments Inventory Deferred Long Term Liab Long Term Investments Short Long Term Debt Preferred Stock Total Equity Accumulated Other Comprehensive Income Intangible Assets Common Stock Property Plant Equipment Long Term Debt Total Capital Surpluse Capital Lease Obligations Earning Assets Net Invested Capital Capital Stock Depreciation And Amortization Interest Expense Selling General Administrative Total Revenue Gross Profit Other Operating Expenses Operating Income Ebit Ebitda Total Operating Expenses Income Before Tax Total Other Income Expense Net Income Tax Expense Net Income From Continuing Ops Cost Of Revenue Net Income Applicable To Common Shares Minority Interest Selling And Marketing Expenses Tax Provision Net Interest Income Interest Income Reconciled Depreciation Probability Of Bankruptcy |
As of the 18th of August 2024, Market Cap is likely to grow to about 70.3B. Also, Enterprise Value is likely to grow to about 227.8B
Bank of Montreal Company odds of distress Analysis
Bank of Montreal's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.
Probability Of Bankruptcy | = | Normalized | Z-Score |
Current Bank of Montreal Probability Of Bankruptcy | Less than 5% |
Most of Bank of Montreal's fundamental indicators, such as Probability Of Bankruptcy, 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, Bank of Montreal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Our calculation of Bank of Montreal probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Bank of Montreal odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Bank of Montreal financial health.
Is Diversified Banks space 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 Bank of Montreal. If investors know Bank 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 Bank of Montreal 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 0.873 | Dividend Share 5.96 | Earnings Share 6.08 | Revenue Per Share 43.904 | Quarterly Revenue Growth 0.074 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal'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 Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal'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 Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal'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.
Bank Probability Of Bankruptcy Driver Correlations
Understanding the fundamental principles of building solid financial models for Bank of Montreal is extremely important. It helps to project a fair market value of Bank Stock properly, considering its historical fundamentals such as Probability Of Bankruptcy. Since Bank of Montreal'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 Bank of Montreal'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 Bank of Montreal's interrelated accounts and indicators.
Click cells to compare fundamentals
The Probability of Bankruptcy SHOULD NOT be confused with the actual chance of a company to file for chapter 7, 11, 12, or 13 bankruptcy protection. Macroaxis simply defines Financial Distress as an operational condition where a company is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from both public financial statements as well as analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors taken into account include analysis of liquidity, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
| Competition |
Based on the latest financial disclosure, Bank of Montreal has a Probability Of Bankruptcy of 5.0%. This is 89.99% lower than that of the Banks sector and significantly higher than that of the Financials industry. The probability of bankruptcy for all United States stocks is 87.45% higher than that of the company.
Bank Probability Of Bankruptcy Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bank of Montreal's direct or indirect competition against its Probability Of Bankruptcy to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bank of Montreal could also be used in its relative valuation, which is a method of valuing Bank of Montreal by comparing valuation metrics of similar companies.
Bank of Montreal is currently under evaluation in probability of bankruptcy category among its peers.
Bank of Montreal Main Bankruptcy Drivers
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Return On Assets | 0.005369 | 0.007847 | 0.0119 | 0.003375 | 0.003038 | 0.00546 | |
| Asset Turnover | 0.0264 | 0.0272 | 0.0231 | 0.0256 | 0.0294 | 0.0341 | |
| Net Debt | 120.6B | 88.2B | 129.4B | 166.7B | 191.7B | 201.3B | |
| Total Current Liabilities | 94.2B | 100.1B | 113.0B | 128.3B | 147.5B | 154.9B | |
| Non Current Liabilities Total | 106.0B | 103.7B | 113.0B | 140.2B | 161.2B | 169.3B | |
| Total Assets | 852.2B | 949.3B | 988.2B | 1.1T | 1.3T | 626.6B | |
| Total Current Assets | 101.2B | 128.7B | 126.3B | 126.1B | 145.0B | 90.6B | |
| Total Cash From Operating Activities | 29.3B | 50.8B | 44.0B | 5.0B | 9.6B | (4.1B) |
Bank of Montreal ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bank of Montreal's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bank of Montreal's managers, analysts, and investors.
Environmental | Governance | Social |
Bank Fundamentals
| Return On Equity | 0.0819 | ||||
| Return On Asset | 0.0049 | ||||
| Profit Margin | 0.20 % | ||||
| Operating Margin | 0.37 % | ||||
| Current Valuation | (117.59 B) | ||||
| Shares Outstanding | 729.25 M | ||||
| Shares Owned By Insiders | 0.03 % | ||||
| Shares Owned By Institutions | 54.82 % | ||||
| Number Of Shares Shorted | 17.27 M | ||||
| Price To Earning | 14.84 X | ||||
| Price To Book | 1.12 X | ||||
| Price To Sales | 1.97 X | ||||
| Revenue | 33.05 B | ||||
| Gross Profit | 29.02 B | ||||
| EBITDA | 7.95 B | ||||
| Net Income | 4.38 B | ||||
| Cash And Equivalents | 335.16 B | ||||
| Cash Per Share | 497.00 X | ||||
| Total Debt | 248.74 B | ||||
| Debt To Equity | 15.26 % | ||||
| Book Value Per Share | 102.19 X | ||||
| Cash Flow From Operations | 9.59 B | ||||
| Short Ratio | 13.70 X | ||||
| Earnings Per Share | 6.08 X | ||||
| Price To Earnings To Growth | 0.62 X | ||||
| Target Price | 92.55 | ||||
| Number Of Employees | 55.77 K | ||||
| Beta | 1.16 | ||||
| Market Capitalization | 62.36 B | ||||
| Total Asset | 1.29 T | ||||
| Retained Earnings | 44.92 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 4.01 % | ||||
| Net Asset | 1.29 T | ||||
| Last Dividend Paid | 5.96 |
About Bank of Montreal Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bank of Montreal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bank of Montreal using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bank of Montreal 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.
Pair Trading with Bank of Montreal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.
Moving against Bank Stock
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Additional Information and Resources on Investing in Bank Stock
When determining whether Bank of Montreal offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Bank of Montreal's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Bank Of Montreal Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Bank Of Montreal Stock:
Check out Bank of Montreal Piotroski F Score and Bank of Montreal Altman Z Score analysis.
To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Diversified Banks space 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 Bank of Montreal. If investors know Bank 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 Bank of Montreal 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 0.873 | Dividend Share 5.96 | Earnings Share 6.08 | Revenue Per Share 43.904 | Quarterly Revenue Growth 0.074 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal'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 Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal'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 Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal'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.
