Highest Performances Holdings Stock Piotroski F Score

HPH Stock   0.15  0.05  25.00%   
This module uses fundamental data of Highest Performances to approximate its Piotroski F score. Highest Performances F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Highest Performances Holdings. 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 Highest Performances financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Highest Performances Altman Z Score, Highest Performances Correlation, Highest Performances Valuation, as well as analyze Highest Performances Alpha and Beta and Highest Performances Hype Analysis.
  
As of now, Highest Performances' Debt To Assets are increasing as compared to previous years. The Highest Performances' current Debt Ratio is estimated to increase to 0.07, while Net Debt is projected to decrease to (75.7 M). As of now, Highest Performances' Free Cash Flow Yield is increasing as compared to previous years. The Highest Performances' current Operating Cash Flow Per Share is estimated to increase to 0.46, while Price To Sales Ratio is projected to decrease to 2.58.
At this time, it appears that Highest Performances' 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

Negative

Focus
Change in Return on Assets

Increased

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

N/A

Focus
Change In Outstending Shares

Increase

Focus
Change in Gross Margin

Increase

Focus

Highest Performances Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Highest Performances is to make sure Highest is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Highest Performances' 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 Highest Performances' financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.550.56
Fairly Down
Slightly volatile
Gross Profit Margin0.790.45
Way Up
Very volatile
Total Current LiabilitiesB978.6 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total950.5 M905.3 M
Sufficiently Up
Slightly volatile
Total Assets5.2 B4.9 B
Sufficiently Up
Slightly volatile
Total Current Assets2.9 B2.7 B
Sufficiently Up
Slightly volatile

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

About Highest Performances 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

187.37 Million

As of now, Highest Performances' Common Stock Shares Outstanding is increasing as compared to previous years.

Highest Performances Current Valuation Drivers

We derive many important indicators used in calculating different scores of Highest Performances from analyzing Highest Performances' financial statements. These drivers represent accounts that assess Highest Performances' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Highest Performances' important valuation drivers and their relationship over time.
202020212022202320242025 (projected)
Market Cap2.1B3.3B3.1B7.4B6.7B7.0B
Enterprise Value1.8B3.1B2.9B7.3B6.6B6.9B

About Highest Performances Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Highest Performances Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Highest Performances using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Highest Performances Holdings 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 Highest Performances offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Highest Performances' 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 Highest Performances Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Highest Performances Holdings Stock:
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 Highest Performances. If investors know Highest 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 Highest Performances listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.26)
Revenue Per Share
13.44
Quarterly Revenue Growth
43.554
Return On Assets
0.0866
Return On Equity
(0.36)
The market value of Highest Performances is measured differently than its book value, which is the value of Highest that is recorded on the company's balance sheet. Investors also form their own opinion of Highest Performances' value that differs from its market value or its book value, called intrinsic value, which is Highest Performances' 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 Highest Performances' market value can be influenced by many factors that don't directly affect Highest Performances' 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 Highest Performances' value and its price as these two are different measures arrived at by different means. Investors typically determine if Highest Performances is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Highest Performances' 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.