Hennessy Ad Stock Piotroski F Score

HNNA Stock  USD 10.28  0.14  1.34%   
This module uses fundamental data of Hennessy to approximate its Piotroski F score. Hennessy F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Hennessy Ad. 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 Hennessy financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Hennessy Altman Z Score, Hennessy Correlation, Hennessy Valuation, as well as analyze Hennessy Alpha and Beta and Hennessy Hype Analysis.
  
At present, Hennessy's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Long Term Debt is expected to grow to about 47.3 M, whereas Net Debt is projected to grow to (18 M). At present, Hennessy's Price To Sales Ratio is projected to slightly decrease based on the last few years of reporting. The current year's Dividend Yield is expected to grow to 0.08, whereas PTB Ratio is forecasted to decline to 0.63.
At this time, it appears that Hennessy's 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..
6.0
Piotroski F Score - Healthy
Current Return On Assets

Positive

Focus
Change in Return on Assets

Decreased

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

Decrease

Focus
Current Ratio Change

Increase

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

Increase

Focus

Hennessy Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Hennessy is to make sure Hennessy is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Hennessy's 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 Hennessy's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.0280.0295
Notably Down
Pretty Stable
Asset Turnover0.180.19
Notably Down
Slightly volatile
Gross Profit Margin0.780.58
Significantly Up
Slightly volatile
Total Current Liabilities6.1 M4.8 M
Significantly Up
Pretty Stable
Non Current Liabilities Total64.9 M61.8 M
Sufficiently Up
Slightly volatile
Total Assets176 M167.6 M
Sufficiently Up
Slightly volatile
Total Current Assets76.9 M73.3 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities8.2 M8.2 M
Slightly Down
Pretty Stable

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

About Hennessy 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

10.94

At present, Hennessy's Book Value Per Share is projected to increase based on the last few years of reporting.

Hennessy Current Valuation Drivers

We derive many important indicators used in calculating different scores of Hennessy from analyzing Hennessy's financial statements. These drivers represent accounts that assess Hennessy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Hennessy's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap61.0M70.9M64.9M50.5M45.4M51.0M
Enterprise Value51.3M56.0M45.9M29.5M26.5M51.0M

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

About Hennessy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hennessy Ad's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hennessy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hennessy Ad 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.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Hennessy Ad offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hennessy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hennessy Ad Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hennessy Ad Stock:
Check out Hennessy Altman Z Score, Hennessy Correlation, Hennessy Valuation, as well as analyze Hennessy Alpha and Beta and Hennessy Hype Analysis.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Asset Management & Custody Banks space 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 Hennessy. If investors know Hennessy 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 Hennessy 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
0.765
Dividend Share
0.553
Earnings Share
0.79
Revenue Per Share
3.543
Quarterly Revenue Growth
0.365
The market value of Hennessy Ad is measured differently than its book value, which is the value of Hennessy that is recorded on the company's balance sheet. Investors also form their own opinion of Hennessy's value that differs from its market value or its book value, called intrinsic value, which is Hennessy'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 Hennessy's market value can be influenced by many factors that don't directly affect Hennessy'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 Hennessy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hennessy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hennessy'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.