Healthcare Piotroski F Score

HCSG Stock  USD 10.77  0.07  0.65%   
This module uses fundamental data of Healthcare Services to approximate its Piotroski F score. Healthcare Services F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Healthcare Services Group. 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 Healthcare Services financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Healthcare Services Altman Z Score, Healthcare Services Correlation, Healthcare Services Valuation, as well as analyze Healthcare Services Alpha and Beta and Healthcare Services Hype Analysis.
Healthcare Services Debt to Equity Ratio is most likely to increase slightly in the upcoming years. The last year's value of Debt to Equity Ratio was reported at 0.69. Healthcare Services Receivables Turnover is most likely to slightly decrease in the upcoming years. The last year's value of Receivables Turnover was reported at 5.36. The current Accounts Payable Turnover is estimated to increase to 37.22, while Cash Flow Per Share is forecasted to increase to (0.11).
At this time, it appears that Healthcare Services' 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..
Piotroski F Score - Healthy
Current Return On AssetsPositiveFocus
Change in Return on AssetsIncreasedFocus
Cash Flow Return on AssetsNegativeFocus
Current Quality of Earnings (accrual)DecreasingFocus
Asset Turnover GrowthIncreaseFocus
Current Ratio ChangeIncreaseFocus
Long Term Debt Over Assets ChangeLower LeverageFocus
Change In Outstending SharesIncreaseFocus
Change in Gross MarginNo ChangeFocus

Healthcare Services Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Healthcare Services is to make sure Healthcare is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Healthcare Services' 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 Healthcare Services' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted81.4 M74.4 M
Significantly Up
Slightly volatile
Weighted Average Shares81.1 M74.3 M
Significantly Up
Slightly volatile
Return on Average Assets0.07110.047
Way Up
Slightly volatile
Net Cash Flow from Operations(8.4 M)(8.2 M)
Fairly Down
Very volatile
Current Liabilities173.5 M178.6 M
Fairly Down
Slightly volatile
Total Liabilities286.5 M292.2 M
Fairly Down
Slightly volatile
Gross Margin0.110.115
Sufficiently Down
Pretty Stable
Total Debt27.4 M33.1 M
Significantly Down
Slightly volatile
Asset Turnover2.382.31
Fairly Up
Slightly volatile
Current Assets524 M508.6 M
Fairly Up
Slightly volatile
Total Assets725.8 M718.3 M
Fairly Up
Slightly volatile

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

About Healthcare Services 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.

Book Value per Share


Healthcare Services Book Value per Share is most likely to increase slightly in the upcoming years. The last year's value of Book Value per Share was reported at 5.73

Healthcare Services Current Valuation Drivers

We derive many important indicators used in calculating different scores of Healthcare Services from analyzing Healthcare Services' financial statements. These drivers represent accounts that assess Healthcare Services' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Healthcare Services' important valuation drivers and their relationship over time.
201820192020202120222023 (projected)
Net Income Per Employee1.52 K1.27 K2.23 K1.17 K970995.53
Revenue Per Employee36.52 K36.09 K39.72 K41.89 K47.34 K48.59 K
Average Assets678.07 M720.5 M752.03 M792.98 M731.77 M724.28 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA112.28 M102.5 M144.83 M77.88 M63.38 M88.96 M
Earnings Before Interest Taxes and Depreciation Amortization USD112.28 M102.5 M144.83 M77.88 M63.38 M88.96 M
Earnings before Tax99.91 M85.1 M129.19 M61.82 M45.08 M46.27 M
Average Equity415.71 M451.95 M458.27 M478.57 M433.18 M439.08 M
Enterprise Value2.96 B1.78 B1.99 B1.26 B903.17 M1.38 B
Free Cash Flow75.73 M89.41 M213.15 M31.63 M(12.98 M)(13.33 M)
Invested Capital455.58 M494.82 M425.53 M431.35 M455.06 M445.59 M
Invested Capital Average442.81 M490.43 M444.48 M456.65 M458.01 M444.7 M
Market Capitalization2.97 B1.8 B2.09 B1.33 B889.06 M1.39 B
Tangible Asset Value615 M649.15 M715.76 M681.97 M626.86 M637.68 M
Working Capital344.75 M367.08 M410.14 M355.26 M330.01 M350.57 M

About Healthcare Services Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Healthcare Services Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Healthcare Services using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Healthcare Services Group 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.
Healthcare Services Group, Inc. provides management, administrative, and operating services to the housekeeping, laundry, linen, facility maintenance, and dietary service departments of nursing homes, retirement complexes, rehabilitation centers, and hospitals in the United States. Healthcare Services Group, Inc. was incorporated in 1976 and is based in Bensalem, Pennsylvania. Healthcare Svcs operates under Medical Care Facilities classification in the United States and is traded on NASDAQ Exchange. It employs 200 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Healthcare Services without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Instant Ratings Now


Instant Ratings

Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
All  Next Launch Module

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Healthcare Services using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Check out Healthcare Services Altman Z Score, Healthcare Services Correlation, Healthcare Services Valuation, as well as analyze Healthcare Services Alpha and Beta and Healthcare Services Hype Analysis. You can also try the CEO Directory module to screen CEOs from public companies around the world.

Complementary Tools for Healthcare Stock analysis

When running Healthcare Services' price analysis, check to measure Healthcare Services' 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 Healthcare Services is operating at the current time. Most of Healthcare Services' value examination focuses on studying past and present price action to predict the probability of Healthcare Services' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Healthcare Services' price. Additionally, you may evaluate how the addition of Healthcare Services to your portfolios can decrease your overall portfolio volatility.
Technical Analysis
Check basic technical indicators and analysis based on most latest market data
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Is Healthcare Services' 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 Healthcare Services. If investors know Healthcare 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 Healthcare Services 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
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Healthcare Services is measured differently than its book value, which is the value of Healthcare that is recorded on the company's balance sheet. Investors also form their own opinion of Healthcare Services' value that differs from its market value or its book value, called intrinsic value, which is Healthcare Services' 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 Healthcare Services' market value can be influenced by many factors that don't directly affect Healthcare Services' 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 Healthcare Services' value and its price as these two are different measures arrived at by different means. Investors typically determine if Healthcare Services is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Healthcare Services' 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.