HR Block Piotroski F Score

HRB
 Stock
  

USD 41.89  0.31  0.75%   

This module uses fundamental data of HR Block to approximate its Piotroski F score. HR Block F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of HR Block. 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 HR Block financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Please check HR Block Altman Z Score, HR Block Correlation, HR Block Valuation, as well as analyze HR Block Alpha and Beta and HR Block Hype Analysis.
  
HR Block Long Term Debt to Equity is projected to increase based on the last few years of reporting. The past year's Long Term Debt to Equity was at 7.03. The current year Debt to Equity Ratio is expected to grow to 8.27, whereas Total Debt is forecasted to decline to about 1.9 B. HR Block Interest Coverage is projected to decrease significantly based on the last few years of reporting. The past year's Interest Coverage was at 8.44. The current year Long Term Debt to Equity is expected to grow to 7.94, whereas Accrued Expenses Turnover is forecasted to decline to 6.94.
At this time, it appears that HR Block'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)DecreasingFocus
5
Asset Turnover GrowthDecreaseFocus
6
Current Ratio ChangeDecreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesIncreaseFocus
9
Change in Gross MarginNo ChangeFocus

HR Block Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to HR Block is to make sure HR Block is not a subject of accounting manipulations and runs a healthy internal audit department. So, if HR Block'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 HR Block's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted230.6 M171.4 M
Significantly Up
Decreasing
Slightly volatile
Weighted Average Shares228.1 M168.5 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets12.2615.2034
Significantly Down
Increasing
Stable
Net Cash Flow from Operations736.2 M808.5 M
Significantly Down
Increasing
Stable
Current Liabilities1.4 B998.8 M
Significantly Up
Decreasing
Slightly volatile
Total Liabilities3.5 B3.1 B
Fairly Up
Increasing
Very volatile
Gross Margin42.345.6796
Significantly Down
Increasing
Stable
Total Debt1.9 B1.9 B
Slightly Down
Increasing
Slightly volatile
Asset Turnover0.830.951
Fairly Down
Increasing
Slightly volatile
Current AssetsB1.4 B
Way Up
Decreasing
Slightly volatile
Total Assets4.1 B3.3 B
Fairly Up
Decreasing
Slightly volatile

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

About HR Block 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

228.09 Million

HR Block 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 168.52 Million

HR Block Current Valuation Drivers

We derive many important indicators used in calculating different scores of HR Block from analyzing HR Block's financial statements. These drivers represent accounts that assess HR Block's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of HR Block's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee227.09 K136.29 K(2.14 K)162.16 K145.95 K136.64 K
Revenue Per Employee1.17 M998.35 K752.14 K948.33 K853.5 K894.19 K
Average Assets2.39 B2.68 B3.61 B4.38 B3.38 B3.23 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA854.64 M709.2 M164.37 M849.01 M812.05 M837.13 M
Earnings Before Interest Taxes and Depreciation Amortization USD927.64 M776.16 M248.57 M926.04 M882.56 M799.09 M
Earnings before Tax654.97 M522.41 M(17.06 M)662.32 M652.1 M584.01 M
Average Equity(232.86 M)122.16 M(8.07 M)211.72 M(25.16 M)(25.82 M)
Enterprise Value7.8 B7.1 B5.85 B6.38 B6.84 B6.57 B
Free Cash Flow751.42 M511.05 M27.28 M573.14 M746.58 M674.33 M
Invested Capital1.25 B1.3 B3.54 B2.25 B2.07 B1.86 B
Invested Capital Average1.85 B1.81 B2.83 B2.89 B2.56 B2.41 B
Market Capitalization5.78 B5.53 B3.2 B4.04 B5.64 B5.33 B
Tangible Asset Value2.26 B2.44 B3.98 B2.54 B2.2 B2.4 B
Working Capital1.05 B1.07 B1.51 B536.64 M385.64 M594.45 M

About HR Block Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HR Block's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HR Block using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HR Block 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.
HR Block, Inc., through its subsidiaries, provides assisted income tax return preparation and do-it-yourself tax return preparation services and products to the general public primarily in the United States, Canada, and Australia. HR Block, Inc. was founded in 1955 and is headquartered in Kansas City, Missouri. HR Block operates under Personal Services classification in the United States and is traded on New York Stock Exchange. It employs 3800 people.

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Please check HR Block Altman Z Score, HR Block Correlation, HR Block Valuation, as well as analyze HR Block Alpha and Beta and HR Block Hype Analysis. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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Is HR Block'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 HR Block. If investors know HR Block 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 HR Block 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
1.455
Market Capitalization
6.5 B
Quarterly Revenue Growth YOY
(0.07) 
Return On Assets
0.1499
The market value of HR Block is measured differently than its book value, which is the value of HR Block that is recorded on the company's balance sheet. Investors also form their own opinion of HR Block's value that differs from its market value or its book value, called intrinsic value, which is HR Block'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 HR Block's market value can be influenced by many factors that don't directly affect HR Block'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 HR Block's value and its price as these two are different measures arrived at by different means. Investors typically determine HR Block value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HR Block'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.