Harley Davidson Stock Piotroski F Score

HOG Stock  USD 24.71  0.53  2.10%   
This module uses fundamental data of Harley Davidson to approximate its Piotroski F score. Harley Davidson F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Harley Davidson. 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 Harley Davidson financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Harley Davidson Altman Z Score, Harley Davidson Correlation, Harley Davidson Valuation, as well as analyze Harley Davidson Alpha and Beta and Harley Davidson Hype Analysis.
For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.
  
At this time, Harley Davidson's Short and Long Term Debt is most likely to decrease significantly in the upcoming years. The Harley Davidson's current Net Debt To EBITDA is estimated to increase to 2.34, while Long Term Debt is projected to decrease to roughly 3.4 B. At this time, Harley Davidson's Book Value Per Share is most likely to increase significantly in the upcoming years. The Harley Davidson's current Free Cash Flow Yield is estimated to increase to 0.23, while PTB Ratio is projected to decrease to 4.83.
At this time, it appears that Harley Davidson's Piotroski F Score is Unavailable. 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 - Unavailable
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

Lower Leverage

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

No Change

Focus

Harley Davidson Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Harley Davidson is to make sure Harley is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Harley Davidson'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 Harley Davidson's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.03640.0383
Notably Down
Slightly volatile
Asset Turnover0.410.4365
Notably Down
Slightly volatile
Gross Profit Margin0.270.3488
Significantly Down
Pretty Stable
Net Debt902.1 M949.5 M
Notably Down
Very volatile
Total Current Liabilities3.7 B3.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.6 B5.2 B
Way Down
Slightly volatile
Total Assets6.1 B11.9 B
Way Down
Slightly volatile
Total Current Assets2.8 BB
Way Down
Slightly volatile
Total Cash From Operating Activities705.4 M1.1 B
Way Down
Pretty Stable

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

About Harley Davidson 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.

Common Stock Shares Outstanding

188.89 Million

At this time, Harley Davidson's Common Stock Shares Outstanding is most likely to decrease significantly in the upcoming years.

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

About Harley Davidson Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Harley Davidson is a strong investment it is important to analyze Harley Davidson's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Harley Davidson's future performance. For an informed investment choice regarding Harley Stock, refer to the following important reports:
Check out Harley Davidson Altman Z Score, Harley Davidson Correlation, Harley Davidson Valuation, as well as analyze Harley Davidson Alpha and Beta and Harley Davidson Hype Analysis.
For more detail on how to invest in Harley Stock please use our How to Invest in Harley Davidson guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Is Motorcycle Manufacturers 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 Harley Davidson. If investors know Harley 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 Harley Davidson 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
(0.34)
Dividend Share
0.69
Earnings Share
3.37
Revenue Per Share
39.459
Quarterly Revenue Growth
(0.35)
The market value of Harley Davidson is measured differently than its book value, which is the value of Harley that is recorded on the company's balance sheet. Investors also form their own opinion of Harley Davidson's value that differs from its market value or its book value, called intrinsic value, which is Harley Davidson'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 Harley Davidson's market value can be influenced by many factors that don't directly affect Harley Davidson'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 Harley Davidson's value and its price as these two are different measures arrived at by different means. Investors typically determine if Harley Davidson is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Harley Davidson'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.