Hewlett Packard Enterprise Stock Piotroski F Score

HPE Stock  USD 20.80  1.33  6.01%   
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. Check out 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.
  
At present, Hewlett Packard's Long Term Debt Total is projected to decrease significantly based on the last few years of reporting. At present, Hewlett Packard's ROIC is projected to increase slightly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 1.47, whereas Dividend Yield is forecasted to decline to 0.02.
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..
5.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Increase

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

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
Asset Turnover0.650.59
Significantly Up
Slightly volatile
Gross Profit Margin0.250.32
Significantly Down
Slightly volatile
Total Current Liabilities22.5 B25.2 B
Moderately Down
Slightly volatile
Non Current Liabilities Total18.4 B16.1 B
Fairly Up
Slightly volatile
Total Assets50.1 B51.4 B
Fairly Down
Slightly volatile
Total Current Assets17.1 B17.1 B
Slightly Up
Slightly volatile
Total Cash From Operating Activities3.8 BB
Notably Down
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.

Common Stock Shares Outstanding

1.26 Billion

At present, Hewlett Packard's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.

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.
Environmental
Governance
Social

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.

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hewlett Packard Ente is a strong investment it is important to analyze Hewlett Packard's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hewlett Packard's future performance. For an informed investment choice regarding Hewlett Stock, refer to the following important reports:
Is Technology Hardware, Storage & Peripherals space 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
0.086
Dividend Share
0.51
Earnings Share
1.41
Revenue Per Share
22.238
Quarterly Revenue Growth
0.101
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 if Hewlett Packard is a good investment 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.