Hewlett Piotroski F Score

HPE
 Stock
  

USD 16.31  0.13  0.80%   

This module uses fundamental data of Hewlett Packard to approximate its Piotroski F score. Hewlett Packard F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Hewlett Packard Enterprise. 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 Hewlett Packard financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check Hewlett Packard Altman Z Score, Hewlett Packard Correlation, Hewlett Packard Valuation, as well as analyze Hewlett Packard Alpha and Beta and Hewlett Packard Hype Analysis.
  
As of December 8, 2022, Total Debt is expected to decline to about 14.8 B. In addition to that, Debt Current is expected to decline to about 3.7 B. Hewlett Packard Calculated Tax Rate is projected to decrease significantly based on the last few years of reporting. The past year's Calculated Tax Rate was at 5.40. The current year PPandE Turnover is expected to grow to 5.85, whereas Net Current Assets as percentage of Total Assets are forecasted to decline to (3.71) .
At this time, it appears that Hewlett Packard's 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..
6.0
Piotroski F Score - Healthy
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)DecreasingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

Hewlett Packard Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Hewlett Packard is to make sure Hewlett is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Hewlett Packard'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 Hewlett Packard's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted1.7 B1.5 B
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares1.7 B1.5 B
Moderately Up
Decreasing
Slightly volatile
Return on Average Assets5.965.52
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations6.3 B6.8 B
Significantly Down
Decreasing
Slightly volatile
Current Liabilities24.1 B23.8 B
Fairly Up
Increasing
Stable
Total Liabilities33.7 B34 B
Slightly Down
Increasing
Stable
Gross Margin29.2531.06
Notably Down
Increasing
Slightly volatile
Total Debt14.8 B15.5 B
Sufficiently Down
Increasing
Slightly volatile
Asset Turnover0.630.57
Significantly Up
Decreasing
Slightly volatile
Current Assets24 B21.7 B
Significantly Up
Decreasing
Slightly volatile
Total Assets71.9 B66.4 B
Significantly Up
Decreasing
Slightly volatile

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

About Hewlett Packard 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

1.67 Billion

Hewlett Packard Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 1.51 Billion

Hewlett Packard Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hewlett Packard from analyzing Hewlett Packard's financial statements. These drivers represent accounts that assess Hewlett Packard's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hewlett Packard's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee31.8 K17.03 K(5.41 K)56.74 K51.06 K55.1 K
Revenue Per Employee514.2 K472.97 K453 K460 K414 K377.36 K
Average Assets58.63 B51.37 B54.75 B55.43 B49.89 B52.95 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA3.38 B4.57 B2.66 B6.38 B5.75 B4.71 B
Earnings Before Interest Taxes and Depreciation Amortization USD3.29 B4.56 B2.67 B6.61 B7.6 B6.34 B
Earnings before Tax164 M1.55 B(442 M)3.59 B4.13 B4.45 B
Average Equity23.14 B17.78 B16.4 B17.44 B15.7 B19.17 B
Enterprise Value29.54 B30.39 B22.11 B30.09 B27.09 B27.34 B
Free Cash Flow1.1 B1.74 B560 M3.72 B3.35 B2.76 B
Invested Capital27.23 B23.28 B27.86 B27.14 B31.21 B32.28 B
Invested Capital Average28.8 B24.71 B27.4 B28.08 B32.29 B33.13 B
Market Capitalization22.44 B21.42 B11.11 B19.16 B17.25 B18.49 B
Tangible Asset Value37.17 B32.37 B34.9 B38.37 B34.53 B35.78 B
Working Capital74 M(4.02 B)(2.18 B)(1.81 B)(1.63 B)(1.67 B)

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

About Hewlett Packard Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hewlett Packard Enterprise's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hewlett Packard using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hewlett Packard Enterprise 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.
Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Hewlett Packard Enterprise Company was founded in 19 and is headquartered in Houston, Texas. Hewlett Packard operates under Communication Equipment classification in the United States and is traded on New York Stock Exchange. It employs 60400 people.

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Please check Hewlett Packard Altman Z Score, Hewlett Packard Correlation, Hewlett Packard Valuation, as well as analyze Hewlett Packard Alpha and Beta and Hewlett Packard Hype Analysis. You can also try Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is Hewlett Packard'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 Hewlett Packard. If investors know Hewlett 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 Hewlett Packard 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
0.069
Market Capitalization
20.8 B
Quarterly Revenue Growth YOY
0.07
Return On Assets
0.0262
Return On Equity
4.358
The market value of Hewlett Packard Ente is measured differently than its book value, which is the value of Hewlett that is recorded on the company's balance sheet. Investors also form their own opinion of Hewlett Packard's value that differs from its market value or its book value, called intrinsic value, which is Hewlett Packard'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 Hewlett Packard's market value can be influenced by many factors that don't directly affect Hewlett Packard'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 Hewlett Packard's value and its price as these two are different measures arrived at by different means. Investors typically determine Hewlett Packard value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hewlett Packard'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.