Healthcare Piotroski F Score
| HCSG Stock | USD 10.77 0.07 0.65% |
Healthcare | Piotroski F Score |
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..
5.0
Piotroski F Score - Healthy
1 | Current Return On Assets | Positive | Focus |
2 | Change in Return on Assets | Increased | Focus |
3 | Cash Flow Return on Assets | Negative | Focus |
4 | Current Quality of Earnings (accrual) | Decreasing | Focus |
5 | Asset Turnover Growth | Increase | Focus |
6 | Current Ratio Change | Increase | Focus |
7 | Long Term Debt Over Assets Change | Lower Leverage | Focus |
8 | Change In Outstending Shares | Increase | Focus |
9 | Change in Gross Margin | No Change | Focus |
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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Weighted Average Shares Diluted | 81.4 M | 74.4 M |
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| Weighted Average Shares | 81.1 M | 74.3 M |
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| Return on Average Assets | 0.0711 | 0.047 |
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| Net Cash Flow from Operations | (8.4 M) | (8.2 M) |
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| Current Liabilities | 173.5 M | 178.6 M |
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| Total Liabilities | 286.5 M | 292.2 M |
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| Gross Margin | 0.11 | 0.115 |
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| Total Debt | 27.4 M | 33.1 M |
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| Asset Turnover | 2.38 | 2.31 |
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| Current Assets | 524 M | 508.6 M |
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| Total Assets | 725.8 M | 718.3 M |
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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.
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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 |
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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.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 1.52 K | 1.27 K | 2.23 K | 1.17 K | 970 | 995.53 | |
| Revenue Per Employee | 36.52 K | 36.09 K | 39.72 K | 41.89 K | 47.34 K | 48.59 K | |
| Average Assets | 678.07 M | 720.5 M | 752.03 M | 792.98 M | 731.77 M | 724.28 M | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 112.28 M | 102.5 M | 144.83 M | 77.88 M | 63.38 M | 88.96 M | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 112.28 M | 102.5 M | 144.83 M | 77.88 M | 63.38 M | 88.96 M | |
| Earnings before Tax | 99.91 M | 85.1 M | 129.19 M | 61.82 M | 45.08 M | 46.27 M | |
| Average Equity | 415.71 M | 451.95 M | 458.27 M | 478.57 M | 433.18 M | 439.08 M | |
| Enterprise Value | 2.96 B | 1.78 B | 1.99 B | 1.26 B | 903.17 M | 1.38 B | |
| Free Cash Flow | 75.73 M | 89.41 M | 213.15 M | 31.63 M | (12.98 M) | (13.33 M) | |
| Invested Capital | 455.58 M | 494.82 M | 425.53 M | 431.35 M | 455.06 M | 445.59 M | |
| Invested Capital Average | 442.81 M | 490.43 M | 444.48 M | 456.65 M | 458.01 M | 444.7 M | |
| Market Capitalization | 2.97 B | 1.8 B | 2.09 B | 1.33 B | 889.06 M | 1.39 B | |
| Tangible Asset Value | 615 M | 649.15 M | 715.76 M | 681.97 M | 626.86 M | 637.68 M | |
| Working Capital | 344.75 M | 367.08 M | 410.14 M | 355.26 M | 330.01 M | 350.57 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.
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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.
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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.
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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 0.283 | Dividend Share 0.215 | Earnings Share 0.52 | Revenue Per Share 22.505 | Quarterly Revenue Growth (0.014) |
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.