Hawaiian Piotroski F Score

HA
 Stock
  

USD 14.65  0.34  2.38%   

This module uses fundamental data of Hawaiian Hlds to approximate its Piotroski F score. Hawaiian Hlds F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Hawaiian Hlds. 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 Hawaiian Hlds financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Hawaiian Hlds Altman Z Score, Hawaiian Hlds Correlation, Hawaiian Hlds Valuation, as well as analyze Hawaiian Hlds Alpha and Beta and Hawaiian Hlds Hype Analysis.
  
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Hawaiian Hlds Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 2.43 Billion. The current year Debt Non Current is expected to grow to about 2.4 B, whereas Debt Current is forecasted to decline to about 170.5 M. Hawaiian Hlds Interest Coverage is projected to increase significantly based on the last few years of reporting. The past year's Interest Coverage was at 27.32. The current year Long Term Debt to Equity is expected to grow to 3.42, whereas Calculated Tax Rate is forecasted to decline to 22.85.
At this time, it appears that Hawaiian Hlds' Piotroski F Score is Healthy. 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..
5.0
Piotroski F Score - Healthy
1
Current Return On AssetsNegativeFocus
2
Change in Return on AssetsDecreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeHigher LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginIncreaseFocus

Hawaiian Hlds Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Hawaiian Hlds is to make sure Hawaiian is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Hawaiian Hlds' 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 Hawaiian Hlds' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares48.3 M50.8 M
Notably Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted49 M50.8 M
Sufficiently Down
Decreasing
Slightly volatile
Net Cash Flow from Operations255.2 M251.3 M
Fairly Up
Decreasing
Very volatile
Total Assets4.1 B4.6 B
Fairly Down
Increasing
Slightly volatile
Total Liabilities3.5 B4.1 B
Fairly Down
Increasing
Slightly volatile
Current Assets2.2 BB
Significantly Up
Increasing
Slightly volatile
Current Liabilities1.1 B1.1 B
Sufficiently Down
Increasing
Slightly volatile
Total Debt2.6 B2.4 B
Significantly Up
Increasing
Slightly volatile
Return on Average Assets(0.0297)(0.029)
Fairly Down
Decreasing
Stable
Gross Margin0.40.394
Fairly Up
Decreasing
Very volatile
Asset Turnover0.330.323
Fairly Up
Decreasing
Slightly volatile

Hawaiian Hlds 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 Hawaiian Hlds' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Hawaiian Hlds in a much-optimized way.

About Hawaiian Hlds 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.

Operating Margin

(5.31)

Share
Hawaiian Hlds Operating Margin is projected to decrease significantly based on the last few years of reporting. The past year's Operating Margin was at -5.17

Hawaiian Hlds Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hawaiian Hlds from analyzing Hawaiian Hlds' financial statements. These drivers represent accounts that assess Hawaiian Hlds' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hawaiian Hlds' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee54.66 K32.19 K30.12 K(96.54 K)(21.69 K)(22.26 K)
Revenue Per Employee404.75 K391.69 K380.83 K159.63 K239.22 K335.11 K
Average Assets2.86 B3.17 B3.93 B4.05 B4.95 B4.29 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA535.57 M474.6 M492.22 M(507.95 M)63.41 M65.08 M
Earnings Before Interest Taxes and Depreciation Amortization USD535.57 M474.6 M492.22 M(507.95 M)63.41 M65.08 M
Earnings before Tax390.82 M301.16 M305 M(700.05 M)(185.32 M)(190.2 M)
Average Equity794.7 M922.36 M1.03 B766.92 M604.8 M650.73 M
Enterprise Value2.25 B1.68 B2.18 B2.18 B2.82 B2.57 B
Free Cash Flow(9.44 M)155.44 M97.31 M(302.02 M)212.83 M229.63 M
Invested Capital2.19 B2.51 B3.92 B4.33 B5.43 B4.38 B
Invested Capital Average1.94 B2.36 B3.53 B4.18 B5.42 B4.29 B
Market Capitalization2.09 B1.3 B1.36 B814.27 M940.78 M1.23 B
Tangible Asset Value2.75 B3.08 B4.01 B3.96 B4.62 B4.06 B
Working Capital(220.88 M)(300.97 M)(200.51 M)113.93 M902.89 M974.18 M

About Hawaiian Hlds Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hawaiian Hlds's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hawaiian Hlds using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hawaiian Hlds 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.
Hawaiian Holdings, Inc., through its subsidiary, Hawaiian Airlines, Inc., engages in the scheduled air transportation of passengers and cargo. Hawaiian Holdings, Inc. was incorporated in 1929 and is headquartered in Honolulu, Hawaii. Hawaiian Hlds operates under Airlines classification in the United States and is traded on NASDAQ Exchange. It employs 6656 people.

Hawaiian Hlds Investors Sentiment

The influence of Hawaiian Hlds' 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 Hawaiian. 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.

Hawaiian Hlds Implied Volatility

    
  64.26  
Hawaiian Hlds' implied volatility exposes the market's sentiment of Hawaiian Hlds stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Hawaiian Hlds' 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 Hawaiian Hlds stock will not fluctuate a lot when Hawaiian Hlds' 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 Hawaiian Hlds 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, Hawaiian Hlds' short interest history, or implied volatility extrapolated from Hawaiian Hlds options trading.

Current Sentiment - HA

Hawaiian Hlds Investor Sentiment

Larger part of Macroaxis users are currently bullish on Hawaiian Hlds. What is your judgment towards investing in Hawaiian Hlds? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Hawaiian Hlds Altman Z Score, Hawaiian Hlds Correlation, Hawaiian Hlds Valuation, as well as analyze Hawaiian Hlds Alpha and Beta and Hawaiian Hlds Hype Analysis. Note that the Hawaiian Hlds information on this page should be used as a complementary analysis to other Hawaiian Hlds' 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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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Is Hawaiian Hlds' 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 Hawaiian Hlds. If investors know Hawaiian 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 Hawaiian Hlds 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
-0.076
Market Capitalization
751.9 M
Quarterly Revenue Growth YOY
1.62
Return On Assets
-0.0612
Return On Equity
-0.4
The market value of Hawaiian Hlds is measured differently than its book value, which is the value of Hawaiian that is recorded on the company's balance sheet. Investors also form their own opinion of Hawaiian Hlds' value that differs from its market value or its book value, called intrinsic value, which is Hawaiian Hlds' 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 Hawaiian Hlds' market value can be influenced by many factors that don't directly affect Hawaiian Hlds' 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 Hawaiian Hlds' value and its price as these two are different measures arrived at by different means. Investors typically determine Hawaiian Hlds value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hawaiian Hlds' 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.