Harborone Bancorp Stock Z Score

HONE Stock

USD 13.08 0.11 0.83%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out HarborOne Bancorp Piotroski F Score and HarborOne Bancorp Valuation analysis.

For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.

At present, HarborOne Bancorp's Capital Stock is projected to increase significantly based on the last few years of reporting. The current year's Change In Working Capital is expected to grow to about 16.4 M, whereas Capital Expenditures is forecasted to decline to about 4.1 M. At present, HarborOne Bancorp's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 82.7 M, whereas Gross Profit is forecasted to decline to about 144.7 M.

HarborOne Bancorp Company Z Score Analysis

HarborOne Bancorp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

HarborOne Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for HarborOne Bancorp is extremely important. It helps to project a fair market value of HarborOne Stock properly, considering its historical fundamentals such as Z Score. Since HarborOne Bancorp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of HarborOne Bancorp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of HarborOne Bancorp's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Common Stock	Earning Assets	Current Deferred Revenue	Long Term Debt Total	Capital Surpluse	Treasury Stock	Net Invested Capital	Capital Stock
Total Assets		0.91	0.93	-0.13	0.96	0.7	-0.54	0.98	0.91	0.89	1.0	0.91	0.71	-0.71	0.64	0.95	0.95	0.92	0.96	0.83	-0.9	0.9	0.86	0.91	0.91
Total Stockholder Equity	0.91		0.99	-0.43	0.85	0.51	-0.63	0.84	0.92	0.9	0.88	0.93	0.48	-0.74	0.37	0.85	0.81	0.95	0.95	0.88	-0.86	0.9	0.87	0.79	0.93
Net Tangible Assets	0.93	0.99		-0.42	0.88	0.56	-0.57	0.87	0.87	0.89	0.9	0.91	0.48	-0.78	0.37	0.86	0.83	0.96	0.97	0.9	-0.83	0.91	0.84	0.8	0.93
Net Debt	-0.13	-0.43	-0.42		-0.17	0.33	0.45	0.0	-0.21	-0.43	-0.08	-0.32	0.52	0.34	0.62	-0.11	-0.1	-0.36	-0.33	-0.39	0.1	-0.25	-0.17	0.17	-0.31
Retained Earnings	0.96	0.85	0.88	-0.17		0.69	-0.63	0.95	0.8	0.91	0.97	0.87	0.63	-0.76	0.57	0.93	0.95	0.9	0.91	0.84	-0.81	0.88	0.76	0.81	0.89
Accounts Payable	0.7	0.51	0.56	0.33	0.69		-0.16	0.75	0.53	0.51	0.72	0.53	0.62	-0.62	0.59	0.63	0.66	0.61	0.57	0.63	-0.67	0.77	0.57	0.81	0.69
Long Term Debt	-0.54	-0.63	-0.57	0.45	-0.63	-0.16		-0.42	-0.53	-0.67	-0.51	-0.6	-0.21	0.6	-0.14	-0.58	-0.49	-0.64	-0.51	-0.67	0.5	-0.59	-0.42	-0.33	-0.65
Net Receivables	0.98	0.84	0.87	0.0	0.95	0.75	-0.42		0.85	0.81	0.99	0.85	0.77	-0.66	0.71	0.93	0.94	0.86	0.92	0.77	-0.85	0.85	0.81	0.91	0.85
Good Will	0.91	0.92	0.87	-0.21	0.8	0.53	-0.53	0.85		0.86	0.89	0.91	0.65	-0.55	0.55	0.87	0.86	0.85	0.88	0.73	-0.96	0.8	0.87	0.85	0.83
Short Term Investments	0.89	0.9	0.89	-0.43	0.91	0.51	-0.67	0.81	0.86		0.87	0.91	0.41	-0.71	0.33	0.85	0.91	0.9	0.89	0.83	-0.84	0.86	0.8	0.69	0.88
Total Liab	1.0	0.88	0.9	-0.08	0.97	0.72	-0.51	0.99	0.89	0.87		0.89	0.74	-0.69	0.67	0.95	0.96	0.9	0.94	0.81	-0.89	0.88	0.84	0.91	0.88
Long Term Investments	0.91	0.93	0.91	-0.32	0.87	0.53	-0.6	0.85	0.91	0.91	0.89		0.55	-0.55	0.44	0.95	0.87	0.84	0.87	0.73	-0.83	0.8	0.91	0.75	0.82
Short Long Term Debt	0.71	0.48	0.48	0.52	0.63	0.62	-0.21	0.77	0.65	0.41	0.74	0.55		-0.26	0.98	0.72	0.69	0.49	0.57	0.37	-0.65	0.48	0.57	0.82	0.48
Total Current Assets	-0.71	-0.74	-0.78	0.34	-0.76	-0.62	0.6	-0.66	-0.55	-0.71	-0.69	-0.55	-0.26		-0.23	-0.55	-0.62	-0.9	-0.77	-0.97	0.65	-0.91	-0.49	-0.67	-0.92
Short Term Debt	0.64	0.37	0.37	0.62	0.57	0.59	-0.14	0.71	0.55	0.33	0.67	0.44	0.98	-0.23		0.62	0.64	0.42	0.49	0.31	-0.58	0.41	0.46	0.78	0.41
Intangible Assets	0.95	0.85	0.86	-0.11	0.93	0.63	-0.58	0.93	0.87	0.85	0.95	0.95	0.72	-0.55	0.62		0.92	0.81	0.86	0.7	-0.81	0.78	0.84	0.8	0.79
Property Plant Equipment	0.95	0.81	0.83	-0.1	0.95	0.66	-0.49	0.94	0.86	0.91	0.96	0.87	0.69	-0.62	0.64	0.92		0.84	0.9	0.74	-0.87	0.81	0.76	0.83	0.82
Common Stock	0.92	0.95	0.96	-0.36	0.9	0.61	-0.64	0.86	0.85	0.9	0.9	0.84	0.49	-0.9	0.42	0.81	0.84		0.96	0.97	-0.86	0.97	0.77	0.83	0.99
Earning Assets	0.96	0.95	0.97	-0.33	0.91	0.57	-0.51	0.92	0.88	0.89	0.94	0.87	0.57	-0.77	0.49	0.86	0.9	0.96		0.88	-0.85	0.89	0.81	0.85	0.92
Current Deferred Revenue	0.83	0.88	0.9	-0.39	0.84	0.63	-0.67	0.77	0.73	0.83	0.81	0.73	0.37	-0.97	0.31	0.7	0.74	0.97	0.88		-0.78	0.97	0.66	0.76	0.98
Long Term Debt Total	-0.9	-0.86	-0.83	0.1	-0.81	-0.67	0.5	-0.85	-0.96	-0.84	-0.89	-0.83	-0.65	0.65	-0.58	-0.81	-0.87	-0.86	-0.85	-0.78		-0.86	-0.78	-0.9	-0.87
Capital Surpluse	0.9	0.9	0.91	-0.25	0.88	0.77	-0.59	0.85	0.8	0.86	0.88	0.8	0.48	-0.91	0.41	0.78	0.81	0.97	0.89	0.97	-0.86		0.77	0.86	0.99
Treasury Stock	0.86	0.87	0.84	-0.17	0.76	0.57	-0.42	0.81	0.87	0.8	0.84	0.91	0.57	-0.49	0.46	0.84	0.76	0.77	0.81	0.66	-0.78	0.77		0.78	0.77
Net Invested Capital	0.91	0.79	0.8	0.17	0.81	0.81	-0.33	0.91	0.85	0.69	0.91	0.75	0.82	-0.67	0.78	0.8	0.83	0.83	0.85	0.76	-0.9	0.86	0.78		0.84
Capital Stock	0.91	0.93	0.93	-0.31	0.89	0.69	-0.65	0.85	0.83	0.88	0.88	0.82	0.48	-0.92	0.41	0.79	0.82	0.99	0.92	0.98	-0.87	0.99	0.77	0.84

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict HarborOne Bancorp

According to the company's disclosures, HarborOne Bancorp has a Z Score of 0.0. This is 100.0% lower than that of the Banks sector and about the same as Financials (which currently averages 0.0) industry. The z score for all United States stocks is 100.0% higher than that of the company.

HarborOne Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses HarborOne Bancorp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of HarborOne Bancorp could also be used in its relative valuation, which is a method of valuing HarborOne Bancorp by comparing valuation metrics of similar companies.

HarborOne Bancorp is currently under evaluation in z score category among its peers.

HarborOne Bancorp Current Valuation Drivers

We derive many important indicators used in calculating different scores of HarborOne Bancorp from analyzing HarborOne Bancorp's financial statements. These drivers represent accounts that assess HarborOne Bancorp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of HarborOne Bancorp's important valuation drivers and their relationship over time.

	2019	2020	2021	2022	2023	2024 (projected)
Market Cap	612.5M	589.8M	753.1M	646.1M	517.8M	451.6M
Enterprise Value	788.9M	567.1M	648.2M	983.1M	858.9M	619.2M

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

Environmental

Governance

Social

HarborOne Bancorp Institutional Holders

Institutional Holdings refers to the ownership stake in HarborOne Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of HarborOne Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing HarborOne Bancorp's value.

		Shares
Charles Schwab Investment Management Inc	2024-09-30	317 K
Goldman Sachs Group Inc	2024-06-30	283 K
Morgan Stanley - Brokerage Accounts	2024-06-30	272.4 K
Victory Capital Management Inc.	2024-09-30	262.2 K
Bridgeway Capital Management, Llc	2024-09-30	230.2 K
Bank Of New York Mellon Corp	2024-06-30	216.2 K
Jacobs Levy Equity Management, Inc.	2024-09-30	199.7 K
State Of New Jersey Common Pension Fd D	2024-09-30	185.4 K
Brandywine Global Investment Mgmt Llc	2024-09-30	135.1 K
T. Rowe Price Investment Management,inc.	2024-09-30	5.6 M
Blackrock Inc	2024-06-30	3.5 M

HarborOne Fundamentals

	Return On Equity	0.0195
	Return On Asset	0.002
	Profit Margin	0.07 %
	Operating Margin	0.15 %
	Current Valuation	900.99 M
	Shares Outstanding	44.05 M
	Shares Owned By Insiders	12.98 %
	Shares Owned By Institutions	58.40 %
	Number Of Shares Shorted	280 K
	Price To Earning	14.12 X
	Price To Book	0.99 X
	Price To Sales	3.63 X
	Revenue	163.44 M
	Gross Profit	200.63 M
	EBITDA	20.63 M
	Net Income	16.08 M
	Cash And Equivalents	126.1 M
	Cash Per Share	2.74 X
	Total Debt	568.46 M
	Debt To Equity	10.34 %
	Book Value Per Share	14.11 X
	Cash Flow From Operations	44.05 M
	Short Ratio	1.55 X
	Earnings Per Share	0.29 X
	Target Price	13.5
	Number Of Employees	542
	Beta	0.75
	Market Capitalization	576.19 M
	Total Asset	5.67 B
	Retained Earnings	359.66 M
	Annual Yield	0.02 %
	Net Asset	5.67 B
	Last Dividend Paid	0.32

About HarborOne Bancorp Fundamental Analysis

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

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When determining whether HarborOne Bancorp is a strong investment it is important to analyze HarborOne Bancorp'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 HarborOne Bancorp's future performance. For an informed investment choice regarding HarborOne Stock, refer to the following important reports:

How To Invest In HarborOne

Details

Is HarborOne Stock a good investment?

Details

What is HarborOne Bancorp's Net Worth?

Details

Largest Regional Banks Companies

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Largest Banks - Regional Companies

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Check out HarborOne Bancorp Piotroski F Score and HarborOne Bancorp Valuation analysis.

For information on how to trade HarborOne Stock refer to our How to Trade HarborOne Stock guide.

You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

Is Regional 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 HarborOne Bancorp. If investors know HarborOne 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 HarborOne Bancorp 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

(0.51)

Dividend Share

0.315

Earnings Share

0.29

Revenue Per Share

3.816

Quarterly Revenue Growth

(0.15)

The market value of HarborOne Bancorp is measured differently than its book value, which is the value of HarborOne that is recorded on the company's balance sheet. Investors also form their own opinion of HarborOne Bancorp's value that differs from its market value or its book value, called intrinsic value, which is HarborOne Bancorp'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 HarborOne Bancorp's market value can be influenced by many factors that don't directly affect HarborOne Bancorp'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 HarborOne Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if HarborOne Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HarborOne Bancorp'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.

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Harborone Bancorp Stock Z Score

HarborOne Bancorp Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

HarborOne Z Score Driver Correlations

HarborOne Z Score Peer Comparison

HarborOne Bancorp Current Valuation Drivers

HarborOne Bancorp ESG Sustainability

HarborOne Bancorp Institutional Holders

HarborOne Fundamentals

About HarborOne Bancorp Fundamental Analysis

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