Bhp Billiton Piotroski F Score

BHP
 Stock
  

USD 55.76  0.41  0.74%   

This module uses fundamental data of Bhp Billiton to approximate its Piotroski F score. Bhp Billiton F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Bhp Billiton. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Bhp Billiton financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to Bhp Billiton Altman Z Score, Bhp Billiton Correlation, Bhp Billiton Valuation, as well as analyze Bhp Billiton Alpha and Beta and Bhp Billiton Hype Analysis.
  
Bhp Billiton Total Debt is very stable at the moment as compared to the past year. Bhp Billiton reported last year Total Debt of 20.03 Billion. As of 12th of August 2022, Debt Current is likely to grow to about 2.8 B, while Issuance Repayment of Debt Securities is likely to drop (7 B). Bhp Billiton Book Value per Share is very stable at the moment as compared to the past year. Bhp Billiton reported last year Book Value per Share of 18.24. As of 12th of August 2022, Dividends per Basic Common Share is likely to grow to 6.38, while Debt to Equity Ratio is likely to drop 1.19.
At this time, it appears that Bhp Billiton's Piotroski F Score is Frail. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Frail
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Bhp Billiton Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Bhp Billiton is to make sure Bhp Billiton is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Bhp Billiton's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Bhp Billiton's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares4.6 B4.6 B
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations21.2 B24.5 B
Fairly Down
Decreasing
Very volatile
Total Assets102.5 B98 B
Sufficiently Up
Decreasing
Slightly volatile
Total Liabilities49.1 B48 B
Fairly Up
Decreasing
Slightly volatile
Current Assets29.1 B30.7 B
Notably Down
Increasing
Slightly volatile
Current Liabilities14.3 B14.8 B
Sufficiently Down
Decreasing
Slightly volatile
Total Debt23.4 B20 B
Fairly Up
Decreasing
Slightly volatile
Return on Average Assets0.07570.0945
Significantly Down
Decreasing
Stable
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.420.48
Fairly Down
Decreasing
Stable

Bhp Billiton F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Bhp Billiton's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Bhp Billiton in a much-optimized way.

About Bhp Billiton Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Weighted Average Shares

4.62 Billion

Bhp Billiton Weighted Average Shares is very stable at the moment as compared to the past year. Bhp Billiton reported last year Weighted Average Shares of 4.55 Billion

Bhp Billiton Current Valuation Drivers

We derive many important indicators used in calculating different scores of Bhp Billiton from analyzing Bhp Billiton's financial statements. These drivers represent accounts that assess Bhp Billiton's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bhp Billiton's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Average Assets114.5 B106.43 B103.3 B107.33 B96.6 B101.57 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA18.25 B20.73 B19.75 B28.23 B25.4 B22.11 B
Earnings Before Interest Taxes and Depreciation Amortization USD18.25 B20.73 B19.75 B28.23 B25.4 B22.11 B
Earnings before Tax10.71 B13.84 B12.73 B21.92 B19.73 B15.95 B
Average Equity56.42 B51.42 B47.55 B49.56 B44.61 B48.6 B
Enterprise Value150.94 B165.85 B139.35 B199.04 B179.13 B161.08 B
Free Cash Flow13.34 B11.41 B8.85 B21.72 B24.98 B26.95 B
Invested Capital109.39 B98.08 B104.6 B98.1 B88.29 B97.64 B
Invested Capital Average114.44 B103.74 B101.34 B101.35 B91.21 B98.96 B
Market Capitalization133.12 B154.68 B125.77 B184.18 B165.77 B145.74 B
Tangible Asset Value111.22 B100.19 B104.16 B107.49 B96.74 B100.39 B
Working Capital21.14 B11.03 B6.65 B10.29 B11.83 B10.23 B

About Bhp Billiton Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Bhp Billiton's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bhp Billiton using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bhp Billiton 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.
BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. The company was founded in 1851 and is headquartered in Melbourne, Australia. Bhp Billiton operates under Other Industrial Metals Mining classification in the United States and is traded on New York Stock Exchange. It employs 40110 people.

Bhp Billiton Investors Sentiment

The influence of Bhp Billiton'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 Bhp Billiton. 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 Bhp Billiton's public news can be used to forecast risks associated with investment in Bhp Billiton. The trend in average sentiment can be used to explain how an investor holding Bhp Billiton can time the market purely based on public headlines and social activities around Bhp Billiton. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Bhp Billiton'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 Bhp Billiton'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 Bhp Billiton's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Bhp Billiton.

Bhp Billiton Implied Volatility

    
  56.99  
Bhp Billiton's implied volatility exposes the market's sentiment of Bhp Billiton stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Bhp Billiton's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Bhp Billiton stock will not fluctuate a lot when Bhp Billiton's options are near their expiration.
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 Bhp Billiton 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, Bhp Billiton's short interest history, or implied volatility extrapolated from Bhp Billiton options trading.

Pair Trading with Bhp Billiton

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 Bhp Billiton 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 Bhp Billiton will appreciate offsetting losses from the drop in the long position's value.

Moving together with Bhp Billiton

0.82AMRAlpha Metallurgical Upward RallyPairCorr
The ability to find closely correlated positions to Bhp Billiton could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bhp Billiton 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 Bhp Billiton - 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 Bhp Billiton to buy it.
The correlation of Bhp Billiton is a statistical measure of how it moves in relation to other equities. 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 Bhp Billiton moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bhp Billiton 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 Bhp Billiton 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.
Pair CorrelationCorrelation Matching
Continue to Bhp Billiton Altman Z Score, Bhp Billiton Correlation, Bhp Billiton Valuation, as well as analyze Bhp Billiton Alpha and Beta and Bhp Billiton Hype Analysis. Note that the Bhp Billiton information on this page should be used as a complementary analysis to other Bhp Billiton's 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 Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.

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When running Bhp Billiton price analysis, check to measure Bhp Billiton'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 Bhp Billiton is operating at the current time. Most of Bhp Billiton's value examination focuses on studying past and present price action to predict the probability of Bhp Billiton's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Bhp Billiton's price. Additionally, you may evaluate how the addition of Bhp Billiton to your portfolios can decrease your overall portfolio volatility.
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Is Bhp Billiton'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 Bhp Billiton. If investors know Bhp Billiton 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 Bhp Billiton 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
1.43
Market Capitalization
192.6 B
Quarterly Revenue Growth YOY
0.28
Return On Assets
0.2
Return On Equity
0.33
The market value of Bhp Billiton is measured differently than its book value, which is the value of Bhp Billiton that is recorded on the company's balance sheet. Investors also form their own opinion of Bhp Billiton's value that differs from its market value or its book value, called intrinsic value, which is Bhp Billiton'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 Bhp Billiton's market value can be influenced by many factors that don't directly affect Bhp Billiton'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 Bhp Billiton's value and its price as these two are different measures arrived at by different means. Investors typically determine Bhp Billiton value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bhp Billiton'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.