Halliburton Stock Z Score

HAL Stock  USD 35.30  0.17  0.48%   
Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Halliburton Piotroski F Score and Halliburton Valuation analysis.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
  
At this time, Halliburton's Return on Invested Capital is quite stable as compared to the past year. Invested Capital is expected to rise to about 23 B this year, although the value of Capital Expenditure will most likely fall to (1.3 B). At this time, Halliburton's Net Income Common Stock is quite stable as compared to the past year. Net Income to Non Controlling Interests is expected to rise to about 25.9 M this year, although the value of Gross Profit will most likely fall to about 3.5 B.

Halliburton Z Score Analysis

Halliburton's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2021 2022 2023 2024 (projected)
Enterprise Value28.1B42.7B39.2B37.1B
Average Equity5.7B7.4B8.9B8.9B

Z Score

 = 

Sum Of

5 Factors

More About Z Score | All Equity Analysis

Current Halliburton Z Score

    
  4.61  
Most of Halliburton's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Halliburton is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

First Factor

 = 

1.2 * (

Working Capital

/

Total Assets )

Second Factor

 = 

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

 = 

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

 = 

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

 = 

0.99 * (

Revenue

/

Total Assets )

Halliburton Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Halliburton is extremely important. It helps to project a fair market value of Halliburton Stock properly, considering its historical fundamentals such as Z Score. Since Halliburton's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Halliburton's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Halliburton's interrelated accounts and indicators.
To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.
Competition

According to the company's disclosures, Halliburton has a Z Score of 4.61. This is 106.73% higher than that of the Energy Equipment & Services sector and 171.18% higher than that of the Energy industry. The z score for all United States stocks is 47.13% higher than that of the company.

Halliburton Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Halliburton's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Halliburton could also be used in its relative valuation, which is a method of valuing Halliburton by comparing valuation metrics of similar companies.
Halliburton is currently under evaluation in z score category among related companies.

Halliburton Current Valuation Drivers

We derive many important indicators used in calculating different scores of Halliburton from analyzing Halliburton's financial statements. These drivers represent accounts that assess Halliburton's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Halliburton's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Net Income Per Employee(20.6K)(73.4K)36.4K34.9K55.0K59.3K
Revenue Per Employee407.4K360.1K382.4K451.0K479.5K414.6K
Average Assets26.5B21.6B21.2B22.6B24.2B23.7B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.1B(1.7B)2.7B3.5B4.7B5.1B
Earnings Before Interest Taxes and Depreciation Amortization USD1.1B(1.7B)2.7B3.5B4.7B5.1B
Earnings before Tax(1.1B)(3.2B)1.2B2.1B3.3B3.6B
Average Equity9.2B5.5B5.7B7.4B8.9B8.9B
Enterprise Value31.2B25.4B28.1B42.7B39.2B37.1B
Free Cash Flow1.1B1.4B1.5B1.4B2.3B1.8B
Invested Capital26.8B21.7B22.3B21.7B22.8B23.0B
Invested Capital Average28.5B23.3B21.9B21.9B22.8B23.0B
Market Capitalization21.5B16.7B20.5B35.7B32.4B30.2B
Tangible Asset Value22.6B17.9B19.5B20.4B21.8B21.6B
Working Capital6.3B5.1B5.6B5.6B5.9B6.2B

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

Halliburton Institutional Holders

Institutional Holdings refers to the ownership stake in Halliburton that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Halliburton's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Halliburton's value.
Shares
Norges Bank2023-12-31
11.1 M
Capital Research Global Investors2023-09-30
10.1 M
Northern Trust Corp2023-09-30
9.2 M
Bank Of New York Mellon Corp2023-09-30
8.9 M
Van Eck Associates Corporation2023-09-30
M
Dimensional Fund Advisors, Inc.2023-12-31
7.9 M
Legal & General Group Plc2023-09-30
6.3 M
Goldman Sachs Group Inc2023-09-30
5.9 M
Amundi2023-09-30
5.5 M
Capital World Investors2023-09-30
121.1 M
Vanguard Group Inc2023-09-30
98.2 M

Halliburton Fundamentals

About Halliburton Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Halliburton's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Halliburton using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Halliburton 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.
Halliburton Company provides products and services to the energy industry worldwide. Halliburton Company was founded in 1919 and is based in Houston, Texas. Halliburton operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 40000 people.

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When determining whether Halliburton is a strong investment it is important to analyze Halliburton'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 Halliburton's future performance. For an informed investment choice regarding Halliburton Stock, refer to the following important reports:
Check out Halliburton Piotroski F Score and Halliburton Valuation analysis.
For more information on how to buy Halliburton Stock please use our How to buy in Halliburton Stock guide.
Note that the Halliburton information on this page should be used as a complementary analysis to other Halliburton'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 the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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When running Halliburton's price analysis, check to measure Halliburton'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 Halliburton is operating at the current time. Most of Halliburton's value examination focuses on studying past and present price action to predict the probability of Halliburton's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Halliburton's price. Additionally, you may evaluate how the addition of Halliburton to your portfolios can decrease your overall portfolio volatility.
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Is Halliburton'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 Halliburton. If investors know Halliburton 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 Halliburton 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
0.013
Dividend Share
0.64
Earnings Share
2.92
Revenue Per Share
25.604
Quarterly Revenue Growth
0.028
The market value of Halliburton is measured differently than its book value, which is the value of Halliburton that is recorded on the company's balance sheet. Investors also form their own opinion of Halliburton's value that differs from its market value or its book value, called intrinsic value, which is Halliburton'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 Halliburton's market value can be influenced by many factors that don't directly affect Halliburton'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 Halliburton's value and its price as these two are different measures arrived at by different means. Investors typically determine if Halliburton is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Halliburton'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.