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Hub Group (Hub Group) Piotroski F-Score : 4 (As of May. 11, 2024)


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What is Hub Group 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

Hub Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Hub Group's Piotroski F-Score or its related term are showing as below:

HUBG' s Piotroski F-Score Range Over the Past 10 Years
Min: 4   Med: 6   Max: 8
Current: 4

During the past 13 years, the highest Piotroski F-Score of Hub Group was 8. The lowest was 4. And the median was 6.


Hub Group Piotroski F-Score Historical Data

The historical data trend for Hub Group'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.

Hub Group Piotroski F-Score Chart

Hub Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.00 5.00 7.00 8.00 4.00

Hub Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.00 5.00 5.00 4.00 4.00

Competitive Comparison of Hub Group's Piotroski F-Score

For the Integrated Freight & Logistics subindustry, Hub Group'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.


Hub Group's Piotroski F-Score Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hub Group's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Hub Group'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 (Mar24) TTM:Last Year (Mar23) TTM:
Net Income was 46.505 + 30.459 + 28.785 + 27.053 = $133 Mil.
Cash Flow from Operations was 132.006 + 101.296 + 99.481 + 80.516 = $413 Mil.
Revenue was 1040.462 + 1024.835 + 985.023 + 999.493 = $4,050 Mil.
Gross Profit was 276.853 + 77.617 + 213.948 + 76.493 = $645 Mil.
Average Total Assets from the begining of this year (Mar23)
to the end of this year (Mar24) was
(2887.982 + 2800.042 + 2918.132 + 2936.047 + 2891.27) / 5 = $2886.6946 Mil.
Total Assets at the begining of this year (Mar23) was $2,888 Mil.
Long-Term Debt & Capital Lease Obligation was $407 Mil.
Total Current Assets was $828 Mil.
Total Current Liabilities was $649 Mil.
Net Income was 102.846 + 87.325 + 79.274 + 61.78 = $331 Mil.

Revenue was 1401.456 + 1355.407 + 1285.503 + 1152.265 = $5,195 Mil.
Gross Profit was 338.473 + 161.147 + 280.268 + 112.454 = $892 Mil.
Average Total Assets from the begining of last year (Mar22)
to the end of last year (Mar23) was
(2547.134 + 2679.245 + 2752.662 + 2810.081 + 2887.982) / 5 = $2735.4208 Mil.
Total Assets at the begining of last year (Mar22) was $2,547 Mil.
Long-Term Debt & Capital Lease Obligation was $384 Mil.
Total Current Assets was $1,072 Mil.
Total Current Liabilities was $638 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.

Hub Group's current Net Income (TTM) was 133. ==> 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.

Hub Group's current Cash Flow from Operations (TTM) was 413. ==> 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 (Mar23)
=132.802/2887.982
=0.04598436

ROA (Last Year)=Net Income/Total Assets (Mar22)
=331.225/2547.134
=0.13003831

Hub Group's return on assets of this year was 0.04598436. Hub Group's return on assets of last year was 0.13003831. ==> 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.

Hub Group's current Net Income (TTM) was 133. Hub Group's current Cash Flow from Operations (TTM) was 413. ==> 413 > 133 ==> CFROA > ROA ==> Score 1.

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: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=407.079/2886.6946
=0.14101907

Gearing (Last Year: Mar23)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar22 to Mar23
=383.662/2735.4208
=0.14025703

Hub Group's gearing of this year was 0.14101907. Hub Group's gearing of last year was 0.14025703. ==> 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: Mar24)=Total Current Assets/Total Current Liabilities
=827.958/648.6
=1.27653099

Current Ratio (Last Year: Mar23)=Total Current Assets/Total Current Liabilities
=1072.338/637.707
=1.68155281

Hub Group's current ratio of this year was 1.27653099. Hub Group's current ratio of last year was 1.68155281. ==> Last year's current ratio is higher ==> Score 0.

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.

Hub Group's number of shares in issue this year was 61.666. Hub Group's number of shares in issue last year was 65.676. ==> 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
=644.911/4049.813
=0.15924464

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=892.342/5194.631
=0.1717816

Hub Group's gross margin of this year was 0.15924464. Hub Group's gross margin of last year was 0.1717816. ==> Last year's gross margin is higher ==> Score 0.

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 (Mar23)
=4049.813/2887.982
=1.40229856

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar22)
=5194.631/2547.134
=2.03940232

Hub Group's asset turnover of this year was 1.40229856. Hub Group's asset turnover of last year was 2.03940232. ==> Last year's asset turnover is higher ==> Score 0.

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+1+0+0+1+0+0
=4

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

Hub Group has an F-score of 4 indicating the company's financial situation is typical for a stable company.

Hub Group  (NAS:HUBG) 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.


Hub Group Piotroski F-Score Related Terms

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Hub Group (Hub Group) Business Description

Traded in Other Exchanges
N/A
Address
2001 Hub Group Way, Oak Brook, IL, USA, 60523
Hub Group ranks among the largest providers of rail intermodal service. Roughly 60% of revenue comes from Hub's intermodal and transportation solutions division. ITS includes its flagship intermodal operations, which use the Class I rail carriers for the underlying line-haul movement of containers, as well as its dedicated truckload shipping unit. Asset light truckload and LTL brokerage makes up around 20%. The remaining 20% reflects Hub's logistics division, which provides outsourced transportation management, warehousing and fulfillment, and heavy-goods final mile delivery. Hub is somewhat acquisitive in that it often makes tuck-in acquisitions which expand its brokerage, logistics, and dedicated truckload offerings.
Executives
Dhruv Bansal officer: Chief Information Officer 2001 HUB GROUP WAY, OAK BROOK IL 60523
Lisa Dykstra director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Kevin Beth officer: Chief Accounting Officer 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Thomas P. Lafrance officer: General Counsel C/O TRANSPORTATION SYSTEMS HOLDINGS INC., 901 MAIN AVENUE, NORWALK CT 06851
Michael E Flannery director
Gary Yablon director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Phillip D Yeager officer: EVP Acct Mgmt & IML Op 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
David P Yeager director, officer: Vice Chairman and CEO 3050 HIGHLAND PARKWAY, STE 100, DOWNERS GROVA IL 60515
Vava Dimond officer: Chief Information Officer 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Charles R Reaves director 3050 HIGHLAND PARKWAY, STE 100, DOWNERS GROVA IL 60515
Geoffrey Demartino officer: Chief Financial Officer 100 THERMON DRIVE, SAN MARCOS TX 78666
Jenell Ross director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Michele Mcdermott officer: Chief Human Resource Officer 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Nicholas Hannigan officer: EVP, Truck Brokerage 2000 CLEARWATER DRIVE, OAK BROOK IL 60523
Mary H Boosalis director 2000 CLEARWATER DRIVE, OAK BROOK IL 60523

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