Hp Z Score

HPQ
 Stock
  

USD 30.04  1.16  4.02%   

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. Please check Hp Piotroski F Score and Hp Valuation analysis.
  
Hp Return on Invested Capital is very stable at the moment as compared to the past year. Hp reported last year Return on Invested Capital of 1.53. As of 30th of November 2022, Invested Capital is likely to grow to about 5.5 B, while Capital Expenditure is likely to drop (722.1 M). Hp Net Loss Income from Discontinued Operations is very stable at the moment as compared to the past year. Hp reported last year Net Loss Income from Discontinued Operations of 195.5 Million. As of 30th of November 2022, Operating Expenses is likely to grow to about 8.9 B, while Operating Income is likely to drop about 5.8 B.

Hp Z Score Analysis

Hp'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..
 2019 2020 2021 2022 (projected)
Revenues USD56.64 B63.49 B57.14 B60.91 B
Revenues56.64 B63.49 B73.01 B88.52 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Hp Z Score

    
  3.2  
Most of Hp'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, Hp Inc 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 )

Hp Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Hp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Hp'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 Hp'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 Hp'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

According to the company's disclosures, Hp Inc has a Z Score of 3.2. This is 76.21% lower than that of the Technology sector and significantly higher than that of the Computer Hardware industry. The z score for all United States stocks is 63.3% higher than that of the company.

Hp Z Score Peer Comparison

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

Hp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hp from analyzing Hp's financial statements. These drivers represent accounts that assess Hp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee96.86 K56.29 K53.51 K127.51 K114.76 K123.82 K
Revenue Per Employee1.06 M1.05 M1.07 M1.24 M1.12 M893.66 K
Average Assets34.05 B32.58 B33.59 B35.85 B32.27 B45.78 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.85 B3.5 B4.26 B8.55 B9.83 B9.26 B
Earnings Before Interest Taxes and Depreciation Amortization USD4.36 B4.62 B4.25 B6.09 B5.48 B5.44 B
Earnings before Tax3.01 B2.52 B3.23 B7.51 B8.64 B9.32 B
Average Equity(1.75 B)(1.41 B)(1.65 B)(3.05 B)(2.74 B)(2.81 B)
Enterprise Value39.19 B25.88 B26.25 B38.63 B34.77 B37.18 B
Free Cash Flow4.15 B3.98 B3.74 B5.83 B5.24 B5.16 B
Invested Capital4.34 B2.4 B3.43 B5.9 B5.31 B5.45 B
Invested Capital Average5.35 B2.87 B3.37 B4 B3.6 B3.69 B
Market Capitalization38.2 B25.74 B24.67 B34.96 B31.46 B32.89 B
Tangible Asset Value28.65 B27.09 B28.3 B31.81 B28.63 B36.36 B
Working Capital(3.74 B)(5.12 B)(5.57 B)(6.93 B)(6.23 B)(6.4 B)

Hp 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, Hp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Hp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Hp Institutional Holders

Institutional Holdings refers to the ownership stake in Hp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hp'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 Hp's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares19.4 K407 K
Zwj Investment Counsel IncCommon Shares19.4 K387 K
Zwj Investment Counsel IncCommon Shares24.3 K425 K
Zwj Investment Counsel IncCommon Shares24.8 K443 K
Zweigdimenna Associates LlcCommon Shares10.9 K239 K
Zweigdimenna Associates LlcCommon Shares14.5 K253 K
Zweigdimenna Associates LlcCommon Shares11.8 K211 K

Hp Fundamentals

About Hp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hp Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hp Inc 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.
HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. HP Inc. was founded in 19 and is headquartered in Palo Alto, California. Hp operates under Computers Phones And Devices classification in the United States and is traded on New York Stock Exchange.

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Please check Hp Piotroski F Score and Hp Valuation analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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Is Hp'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 Hp. If investors know Hp 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 Hp 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
0.17
Market Capitalization
31.2 B
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
0.085
The market value of Hp Inc is measured differently than its book value, which is the value of Hp that is recorded on the company's balance sheet. Investors also form their own opinion of Hp's value that differs from its market value or its book value, called intrinsic value, which is Hp'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 Hp's market value can be influenced by many factors that don't directly affect Hp'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 Hp's value and its price as these two are different measures arrived at by different means. Investors typically determine Hp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hp'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.