Investors should take notice of NYSE:HAL—it offers a great deal for the fundamentals it presents.

Our stock screening tool has pinpointed HALLIBURTON CO (NYSE:HAL) as an undervalued stock option. NYSE:HAL retains a strong financial foundation and an attractive price tag. Let's delve into the specifics below.

Valuation Analysis for NYSE:HAL

To assess a stock's valuation, ChartMill utilizes a Valuation Rating on a scale of 0 to 10. This comprehensive assessment considers various valuation aspects, comparing price to earnings and cash flows, while factoring in profitability and growth. NYSE:HAL has achieved a 7 out of 10:

• HAL is valuated reasonably with a Price/Earnings ratio of 10.53.
• HAL's Price/Earnings ratio is rather cheap when compared to the industry. HAL is cheaper than 84.62% of the companies in the same industry.
• When comparing the Price/Earnings ratio of HAL to the average of the S&P500 Index (28.27), we can say HAL is valued rather cheaply.
• A Price/Forward Earnings ratio of 8.45 indicates a reasonable valuation of HAL.
• HAL's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. HAL is cheaper than 69.23% of the companies in the same industry.
• The average S&P500 Price/Forward Earnings ratio is at 20.11. HAL is valued rather cheaply when compared to this.
• Compared to the rest of the industry, the Price/Free Cash Flow ratio of HAL indicates a somewhat cheap valuation: HAL is cheaper than 63.08% of the companies listed in the same industry.
• HAL has an outstanding profitability rating, which may justify a higher PE ratio.

Exploring NYSE:HAL's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:HAL has earned a 8 out of 10:

• With an excellent Return On Assets value of 10.52%, HAL belongs to the best of the industry, outperforming 89.23% of the companies in the same industry.
• With an excellent Return On Equity value of 26.91%, HAL belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
• HAL has a better Return On Invested Capital (16.43%) than 93.85% of its industry peers.
• HAL had an Average Return On Invested Capital over the past 3 years of 12.54%. This is above the industry average of 8.00%.
• The last Return On Invested Capital (16.43%) for HAL is above the 3 year average (12.54%), which is a sign of increasing profitability.
• HAL's Profit Margin of 11.20% is fine compared to the rest of the industry. HAL outperforms 76.92% of its industry peers.
• In the last couple of years the Profit Margin of HAL has grown nicely.
• HAL has a Operating Margin of 17.68%. This is amongst the best in the industry. HAL outperforms 81.54% of its industry peers.
• HAL's Operating Margin has improved in the last couple of years.
• HAL's Gross Margin has improved in the last couple of years.

Assessing Health Metrics for NYSE:HAL

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:HAL has earned a 7 out of 10:

• HAL has an Altman-Z score of 3.70. This indicates that HAL is financially healthy and has little risk of bankruptcy at the moment.
• HAL's Altman-Z score of 3.70 is amongst the best of the industry. HAL outperforms 84.62% of its industry peers.
• HAL has a debt to FCF ratio of 3.21. This is a good value and a sign of high solvency as HAL would need 3.21 years to pay back of all of its debts.
• HAL has a Debt to FCF ratio of 3.21. This is in the better half of the industry: HAL outperforms 63.08% of its industry peers.
• A Current Ratio of 2.12 indicates that HAL has no problem at all paying its short term obligations.
• With a decent Current ratio value of 2.12, HAL is doing good in the industry, outperforming 61.54% of the companies in the same industry.

What does the Growth looks like for NYSE:HAL

ChartMill assigns a proprietary Growth Rating to each stock. The score is computed by evaluating various growth aspects, like EPS and revenue growth. We take into account the history as well as the estimated future numbers. NYSE:HAL was assigned a score of 4 for growth:

• The Earnings Per Share has grown by an impressive 25.69% over the past year.
• HAL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.57% yearly.
• The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.

More Decent Value stocks can be found in our Decent Value screener.

Our latest full fundamental report of HAL contains the most current fundamental analsysis.

Keep in mind

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.