Healthcare Z Score
| HCSG Stock | USD 10.77 0.07 0.65% |
Healthcare | Z Score |
Healthcare Z Score Analysis
Healthcare Services' 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..
More About Z Score | All Equity Analysis
| 2020 | 2021 | 2022 | 2023 (projected) | Consolidated Income | 98.68 M | 45.86 M | 34.63 M | 53.18 M | Direct Expenses | 1.49 B | 1.42 B | 1.5 B | 1.32 B |
Z Score | = | Sum Of | | 5 Factors |
Current Healthcare Services Z Score | 17.97 |
Most of Healthcare Services' 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, Healthcare Services Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
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Healthcare Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for Healthcare Services is extremely important. It helps to project a fair market value of Healthcare Stock properly, considering its historical fundamentals such as Z Score. Since Healthcare Services' 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 Healthcare Services' 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 Healthcare Services' interrelated accounts and indicators.
Click cells to compare fundamentals
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, Healthcare Services Group has a Z Score of 17.97. This is 166.22% higher than that of the Commercial Services & Supplies sector and significantly higher than that of the Industrials industry. The z score for all United States stocks is 106.08% lower than that of the firm.
Healthcare Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Healthcare Services' 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 Healthcare Services could also be used in its relative valuation, which is a method of valuing Healthcare Services by comparing valuation metrics of similar companies.Healthcare Services is currently under evaluation in z score category among related companies.
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 |
Healthcare Services Institutional Holders
Institutional Holdings refers to the ownership stake in Healthcare Services that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Healthcare Services' 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 Healthcare Services' value.| Last Transaction | Type | Shares | Value | Blackrock Inc | 2023-06-30 | Common Shares | 13 M | 193.6 M | Vanguard Group Inc | 2023-06-30 | Common Shares | 8.8 M | 131.7 M | Mackenzie Financial Corp | 2023-06-30 | Common Shares | 4.1 M | 61.3 M | American Century Companies Inc | 2023-06-30 | Common Shares | 2.9 M | 43.2 M | State Street Corp | 2023-06-30 | Common Shares | 2.8 M | 41.4 M | Royce Associates Lp | 2023-06-30 | Common Shares | 2.3 M | 34.3 M | Deprince Race Zollo Inc | 2023-06-30 | Common Shares | 2.1 M | 30.6 M | Riverbridge Partners Llc | 2023-06-30 | Common Shares | 1.9 M | 28.3 M | Marathon Asset Management Ltd | 2023-06-30 | Common Shares | 1.8 M | 26.2 M | Geode Capital Management Llc | 2023-06-30 | Common Shares | 1.5 M | 22.2 M | Manufacturers Life Insurance Company The | 2023-06-30 | Common Shares | 1.5 M | 22.2 M |
Healthcare Fundamentals
| Return On Equity | 0.085 | |||
| Return On Asset | 0.0378 | |||
| Profit Margin | 0.0226 % | |||
| Operating Margin | 0.0271 % | |||
| Current Valuation | 723.7 M | |||
| Shares Outstanding | 74.19 M | |||
| Shares Owned by Insiders | 0.77 % | |||
| Shares Owned by Institutions | 99.23 % | |||
| Number of Shares Shorted | 2.21 M | |||
| Price to Earning | 10.01 X | |||
| Price to Book | 2.31 X | |||
| Price to Sales | 0.55 X | |||
| Revenue | 1.69 B | |||
| Gross Profit | 193.84 M | |||
| EBITDA | 61.91 M | |||
| Net Income | 34.63 M | |||
| Cash and Equivalents | 113.38 M | |||
| Cash per Share | 1.53 X | |||
| Total Debt | 33.1 M | |||
| Debt to Equity | 0.09 % | |||
| Current Ratio | 2.82 X | |||
| Book Value Per Share | 6.07 X | |||
| Cash Flow from Operations | (8.17 M) | |||
| Short Ratio | 4.76 X | |||
| Earnings Per Share | 0.52 X | |||
| Price to Earnings To Growth | 2.32 X | |||
| Target Price | 15.75 | |||
| Number of Employees | 35.7 K | |||
| Beta | 0.41 | |||
| Market Capitalization | 799.08 M | |||
| Total Asset | 718.33 M | |||
| Retained Earnings | 154.5 M | |||
| Working Capital | 330.01 M | |||
| Current Asset | 365.34 M | |||
| Current Liabilities | 96.06 M | |||
| Z Score | 17.97 | |||
| Annual Yield | 0.07 % | |||
| Five Year Return | 3.11 % | |||
| Net Asset | 718.33 M | |||
| Last Dividend Paid | 0.22 |
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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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
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Check out Healthcare Services Piotroski F Score and Healthcare Services Valuation analysis. You can also try the Positions Ratings module to 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.
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.
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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.