HP Z Score
HPQ Stock  USD 27.72 0.13 0.47% 
HP  Z Score 
HP Z Score Analysis
HP's ZScore is a simple linear, multifactor 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
2022  2023 (projected)  
Long Term Debt to Equity  0.71  0.65 
Interest Coverage  14.98  15.37 
Z Score  =  Sum Of   5 Factors 
Current HP Z Score  2.2 
Most of HP'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, HP Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
 
 
 
 

HP Z Score Driver Correlations
Understanding the fundamental principles of building solid financial models for HP is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since HP'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 HP'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 HP's interrelated accounts and indicators.
Click cells to compare fundamentals
To calculate ZScore one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. ZScore 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 ZScores 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 socalled 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Competition 
According to the company's disclosures, HP Inc has a Z Score of 2.2. This is 83.64% lower than that of the Technology Hardware, Storage & Peripherals sector and significantly higher than that of the Information Technology industry. The z score for all United States stocks is 74.77% higher than that of the company.
HP Z Score Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HP'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 HP could also be used in its relative valuation, which is a method of valuing HP by comparing valuation metrics of similar companies.HP is currently under evaluation in z score category among related companies.
HP Current Valuation Drivers
We derive many important indicators used in calculating different scores of HP from analyzing HP's financial statements. These drivers represent accounts that assess HP's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of HP's important valuation drivers and their relationship over time.
2018  2019  2020  2021  2022  2023 (projected)  
Net Income Per Employee  56.29 K  53.51 K  127.51 K  55.22 K  49.7 K  43.96 K  
Revenue Per Employee  1.05 M  1.07 M  1.24 M  1.09 M  977.32 K  830.16 K  
Average Assets  32.58 B  33.59 B  35.85 B  39.16 B  35.25 B  44.07 B  
Earnings Before Interest Taxes and Depreciation Amortization EBITDA  4.62 B  4.25 B  6.09 B  5.46 B  6.27 B  6.33 B  
Earnings Before Interest Taxes and Depreciation Amortization USD  4.62 B  4.25 B  6.09 B  5.46 B  6.27 B  6.33 B  
Earnings before Tax  2.52 B  3.23 B  7.51 B  4.44 B  5.11 B  4.4 B  
Average Equity  (1.41 B)  (1.65 B)  (3.05 B)  (2.37 B)  (2.13 B)  (2.18 B)  
Enterprise Value  25.88 B  26.25 B  38.63 B  33.4 B  30.06 B  33.47 B  
Free Cash Flow  3.98 B  3.74 B  5.83 B  3.7 B  3.33 B  3.94 B  
Invested Capital  2.4 B  3.43 B  5.9 B  11.76 B  10.59 B  13.59 B  
Invested Capital Average  2.87 B  3.37 B  4 B  9.32 B  8.39 B  11.87 B  
Market Capitalization  25.74 B  24.67 B  34.96 B  27.78 B  25.01 B  28.53 B  
Tangible Asset Value  27.09 B  28.3 B  31.81 B  30.05 B  27.04 B  33.84 B  
Working Capital  (5.12 B)  (5.57 B)  (6.93 B)  (6.35 B)  (5.72 B)  (5.87 B) 
HP ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower socialengagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, HP's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HP's managers, analysts, and investors.Environment Score  Governance Score  Social Score 
HP Institutional Holders
Institutional Holdings refers to the ownership stake in HP that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of HP'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 highprofile magazines, and presentations at investor conferences help move the stock higher, increasing HP's value.Last Transaction  Type  Shares  Value  
Vanguard Group Inc  20221231  Common Shares  93.7 M  2.5 B  
State Street Corp  20221231  Common Shares  47.4 M  1.3 B  
Primecap Management Co  20221231  Common Shares  22.5 M  603.8 M  
New England Asset Management Inc  20221231  Common Shares  16.5 M  442.7 M  
Morgan Stanley  20221231  Common Shares  14.6 M  393.4 M  
Lsv Asset Management  20221231  Common Shares  13.4 M  360.1 M  
Northern Trust Corp  20221231  Common Shares  11.3 M  302.5 M  
Legal General Group Plc  20221231  Common Shares  9.8 M  262.3 M  
Ubs Asset Management Americas Inc  20221231  Common Shares  8.2 M  219.7 M  
Parametric Portfolio Associates Llc  20220331  Common Shares  5.9 M  212.6 M  
Pacer Advisors Inc  20221231  Common Shares  7.4 M  198 M 
HP Fundamentals
Return On Asset  0.08 %  
Profit Margin  0.0436 %  
Operating Margin  0.08 %  
Current Valuation  37 B  
Shares Outstanding  985.33 M  
Shares Owned by Insiders  0.21 %  
Shares Owned by Institutions  81.36 %  
Number of Shares Shorted  27.53 M  
Price to Earning  9.89 X  
Price to Sales  0.42 X  
Revenue  62.98 B  
Gross Profit  12.34 B  
EBITDA  5.58 B  
Net Income  3.2 B  
Cash and Equivalents  3.15 B  
Cash per Share  3.15 X  
Total Debt  10.8 B  
Debt to Equity  0.88 %  
Current Ratio  0.76 X  
Book Value Per Share  (3.79) X  
Cash Flow from Operations  4.46 B  
Short Ratio  4.85 X  
Earnings Per Share  2.51 X  
Price to Earnings To Growth  8.51 X  
Target Price  29.34  
Number of Employees  58 K  
Beta  1.03  
Market Capitalization  27.31 B  
Total Asset  38.59 B  
Retained Earnings  (755.57 M)  
Working Capital  (340 M)  
Current Asset  18.47 B  
Current Liabilities  18.81 B  
Z Score  2.2  
Annual Yield  0.0372 %  
Five Year Return  2.90 %  
Net Asset  38.59 B  
Last Dividend Paid  1.01 
About HP Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HP Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HP using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HP Inc 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.HP Inc. provides personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services in the United States and internationally. HP Inc. was founded in 19 and is headquartered in Palo Alto, California. Hp operates under Computers Phones And Devices classification in the United States and is traded on New York Stock Exchange.
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Check out HP Piotroski F Score and HP Valuation analysis. To learn how to invest in HP Stock please use our How to Invest in HP guide. You can also try Financial Widgets module to easily integrated Macroaxis content with over 30 different plugandplay financial widgets.
Complementary Tools for analysis
When running HP Inc price analysis, check to measure HP'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 HP is operating at the current time. Most of HP's value examination focuses on studying past and present price action to predict the probability of HP's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HP's price. Additionally, you may evaluate how the addition of HP to your portfolios can decrease your overall portfolio volatility.
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Is HP'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 HP. If investors know HP 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 HP 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 (0.51)  Dividend Share 1.012  Earnings Share 2.51  Revenue Per Share 58.9  Quarterly Revenue Growth (0.19) 
The market value of HP Inc is measured differently than its book value, which is the value of HP that is recorded on the company's balance sheet. Investors also form their own opinion of HP's value that differs from its market value or its book value, called intrinsic value, which is HP'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 HP's market value can be influenced by many factors that don't directly affect HP'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 HP's value and its price as these two are different measures arrived at by different means. Investors typically determine HP value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HP'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.