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Booz Allen Hamilton Holding (Booz Allen Hamilton Holding) Piotroski F-Score : 6 (As of Apr. 27, 2024)


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What is Booz Allen Hamilton Holding Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Booz Allen Hamilton Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Booz Allen Hamilton Holding's Piotroski F-Score or its related term are showing as below:

BAH' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Booz Allen Hamilton Holding was 8. The lowest was 3. And the median was 6.


Booz Allen Hamilton Holding Piotroski F-Score Historical Data

The historical data trend for Booz Allen Hamilton Holding's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Booz Allen Hamilton Holding Piotroski F-Score Chart

Booz Allen Hamilton Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 8.00 7.00 4.00 7.00

Booz Allen Hamilton Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 7.00 7.00 5.00 6.00

Competitive Comparison of Booz Allen Hamilton Holding's Piotroski F-Score

For the Consulting Services subindustry, Booz Allen Hamilton Holding's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Booz Allen Hamilton Holding's Piotroski F-Score Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Booz Allen Hamilton Holding's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Booz Allen Hamilton Holding's Piotroski F-Score falls into.


How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Dec23) TTM:Last Year (Dec22) TTM:
Net Income was -68.422 + 161.388 + 170.718 + 145.644 = $409 Mil.
Cash Flow from Operations was 237.148 + -71.532 + -47.385 + 233.985 = $352 Mil.
Revenue was 2433.261 + 2654.486 + 2666.282 + 2569.801 = $10,324 Mil.
Gross Profit was 1304.348 + 1402.57 + 1433.57 + 1388.84 = $5,529 Mil.
Average Total Assets from the begining of this year (Dec22)
to the end of this year (Dec23) was
(6345.729 + 6550.652 + 6766.317 + 7162.609 + 6474.728) / 5 = $6660.007 Mil.
Total Assets at the begining of this year (Dec22) was $6,346 Mil.
Long-Term Debt & Capital Lease Obligation was $3,535 Mil.
Total Current Assets was $2,677 Mil.
Total Current Liabilities was $1,597 Mil.
Net Income was 90.873 + 138.284 + 170.932 + 30.997 = $431 Mil.

Revenue was 2238.076 + 2249.6 + 2298.976 + 2277.074 = $9,064 Mil.
Gross Profit was 1178.498 + 1174.627 + 1241.526 + 1233.6 = $4,828 Mil.
Average Total Assets from the begining of last year (Dec21)
to the end of last year (Dec22) was
(5944.033 + 6025.575 + 5962.399 + 6205.657 + 6345.729) / 5 = $6096.6786 Mil.
Total Assets at the begining of last year (Dec21) was $5,944 Mil.
Long-Term Debt & Capital Lease Obligation was $2,980 Mil.
Total Current Assets was $2,285 Mil.
Total Current Liabilities was $1,583 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Booz Allen Hamilton Holding's current Net Income (TTM) was 409. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Booz Allen Hamilton Holding's current Cash Flow from Operations (TTM) was 352. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec22)
=409.328/6345.729
=0.06450449

ROA (Last Year)=Net Income/Total Assets (Dec21)
=431.086/5944.033
=0.07252416

Booz Allen Hamilton Holding's return on assets of this year was 0.06450449. Booz Allen Hamilton Holding's return on assets of last year was 0.07252416. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Booz Allen Hamilton Holding's current Net Income (TTM) was 409. Booz Allen Hamilton Holding's current Cash Flow from Operations (TTM) was 352. ==> 352 <= 409 ==> CFROA <= ROA ==> Score 0.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec22 to Dec23
=3534.712/6660.007
=0.53073698

Gearing (Last Year: Dec22)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec21 to Dec22
=2979.9/6096.6786
=0.48877433

Booz Allen Hamilton Holding's gearing of this year was 0.53073698. Booz Allen Hamilton Holding's gearing of last year was 0.48877433. ==> Last year is lower than this year ==> Score 0.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec23)=Total Current Assets/Total Current Liabilities
=2676.935/1597.408
=1.67579917

Current Ratio (Last Year: Dec22)=Total Current Assets/Total Current Liabilities
=2285.366/1582.719
=1.4439493

Booz Allen Hamilton Holding's current ratio of this year was 1.67579917. Booz Allen Hamilton Holding's current ratio of last year was 1.4439493. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Booz Allen Hamilton Holding's number of shares in issue this year was 130.489. Booz Allen Hamilton Holding's number of shares in issue last year was 132.76. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=5529.328/10323.83
=0.53558883

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=4828.251/9063.726
=0.53270046

Booz Allen Hamilton Holding's gross margin of this year was 0.53558883. Booz Allen Hamilton Holding's gross margin of last year was 0.53270046. ==> This year's gross margin is higher. ==> Score 1.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec22)
=10323.83/6345.729
=1.62689425

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec21)
=9063.726/5944.033
=1.5248445

Booz Allen Hamilton Holding's asset turnover of this year was 1.62689425. Booz Allen Hamilton Holding's asset turnover of last year was 1.5248445. ==> This year's asset turnover is higher. ==> Score 1.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+0+0+1+1+1+1
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Booz Allen Hamilton Holding has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Booz Allen Hamilton Holding  (NYSE:BAH) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Booz Allen Hamilton Holding Piotroski F-Score Related Terms

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Booz Allen Hamilton Holding (Booz Allen Hamilton Holding) Business Description

Traded in Other Exchanges
Address
8283 Greensboro Drive, Hamilton Building, McLean, VA, USA, 22102
Booz Allen Hamilton Holding Corp is a provider of management consulting services to the U.S. government. Other services offered include technology, such as cloud computing and cybersecurity consulting, and engineering consulting. The consulting services are focused on defense, intelligence, and civil markets. In addition to the U.S. government, Booz Allen Hamilton provides its management and technology consulting services to large corporations, institutions, and nonprofit organizations. The company assists clients in long-term engagements around the globe.
Executives
Kristine Anderson officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Melody C Barnes director 1631 MONUMENT AVENUE, RICHMOND VA 23220
Ralph W Shrader director, officer: President and CEO, other: Member of 13D Group 8283 GREENSBORO, MCLEAN VA 22102
Horacio Rozanski officer: Executive Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Nancy Laben officer: EVP and General Counsel, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Susan L Penfield officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Elizabeth M Thompson officer: SVP & Chief Personnel Officer, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Rory P Read director ONE DELL WAY, ROUND ROCK TX 78682
Richard Crowe officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Matthew Calderone officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Lloyd Jr Howell officer: Executive Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Thomas Pfeifer officer: Executive Vice President 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Karen M Dahut officer: Senior Vice President, other: Member of 13D Group 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Scott M Murphy officer: VP, PAO & Controller 8283 GREENSBORO DRIVE, MCLEAN VA 22102
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604