Biontech Se Stock Beneish M Score

0A3M Stock  USD 113.60  7.06  6.63%   
This module uses fundamental data of BioNTech to approximate the value of its Beneish M Score. BioNTech M Score tells investors if the company management is likely to be manipulating earnings. The score is calculated using eight financial indicators that are adjusted by a specific multiplier. Please note, the M Score is a probabilistic model and cannot detect companies that manipulate their earnings with 100% accuracy. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioNTech SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
Short and Long Term Debt is expected to rise to about 40.6 M this year, although the value of Long Term Debt will most likely fall to about 154 M.
At this time, BioNTech's M Score is inapplicable. The earnings manipulation may begin if BioNTech's top management creates an artificial sense of financial success, forcing the stock price to be traded at a high price-earnings multiple than it should be. In general, excessive earnings management by BioNTech executives may lead to removing some of the operating profits from subsequent periods to inflate earnings in the following periods. This way, the manipulation of BioNTech's earnings can lead to misrepresentations of actual financial condition, taking the otherwise loyal stakeholders on to the path of questionable ethical practices and plain fraud.
-3.88
Beneish M Score - Inapplicable
Elasticity of Receivables

0.81

Focus
Asset Quality

-0.47

Focus
Expense Coverage

0.27

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.27

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

1.96

Focus
Financial Leverage Condition

1.39

Focus

BioNTech Beneish M-Score Indicator Trends

The cure to earnings manipulation is the transparency of financial reporting. It will typically remove the temptation of the top executives to inflate earnings (i.e., to promote the idea of 'winning at any cost'). Because a healthy internal audit department can enhance transparency, the board should promote the auditors' access to all the record-keeping systems across the enterprise. For example, if BioNTech's 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.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables3.4 B2.2 B
Way Up
Slightly volatile
Total Revenue7.5 B3.8 B
Way Up
Slightly volatile
Total Assets12.1 B23 B
Way Down
Slightly volatile
Total Current Assets20.5 B19.5 B
Sufficiently Up
Slightly volatile
Non Current Assets Total3.7 B3.5 B
Sufficiently Up
Slightly volatile
Property Plant Equipment628.4 M598.5 M
Sufficiently Up
Slightly volatile
Selling General Administrative293.8 M557.7 M
Way Down
Slightly volatile
Total Current Liabilities1.5 B2.1 B
Way Down
Slightly volatile
Non Current Liabilities Total400.6 M689.9 M
Way Down
Slightly volatile
Long Term Debt154 M191 M
Significantly Down
Slightly volatile
Short Term Investments5.1 B4.9 B
Sufficiently Up
Slightly volatile

BioNTech SE Beneish M-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 detect the potential manipulation of earnings. Understanding the correlation between BioNTech's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards BioNTech in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find BioNTech's degree of accounting gimmicks and manipulations.

About BioNTech Beneish M Score

M-Score is one of many grading techniques for value stocks. It was developed by Professor M. Daniel Beneish of the Kelley School of Business at Indiana University and published in 1999 under the paper titled The Detection of Earnings Manipulation. The Beneish score is a multi-factor model that utilizes financial identifiers to compile eight variables used to classify whether a company has manipulated its reported earnings. The variables are built from the officially filed financial statements to create a final score call 'M Score.' The score helps to identify companies that are likely to manipulate their profits if they show deteriorating gross margins, operating expenses, and leverage against growing revenue.

Reconciled Depreciation

192.57 Million

At this time, BioNTech's Reconciled Depreciation is quite stable compared to the past year.

BioNTech Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as BioNTech. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
201920202021202220232024 (projected)
Net Receivables20.2M166.4M12.4B7.1B2.2B3.4B
Total Revenue108.6M482.3M19.0B17.3B3.8B7.5B
Total Assets797.6M2.3B15.8B23.3B23.0B12.1B
Total Current Assets560.2M1.7B15.1B21.9B19.5B20.5B
Non Current Assets Total237.5M651.7M758.5M1.4B3.5B3.7B
Property Plant Equipment116.0M148.1M326M520.4M598.5M628.4M
Selling General Administrative43.4M101.4M328.9M544.2M557.7M293.8M
Total Current Liabilities138.1M606M3.5B3.0B2.1B1.5B
Non Current Liabilities Total166.0M340.8M455.5M272.9M689.9M400.6M
Operating Income(181.5M)(89.4M)14.9B12.6B904.2M859.0M
Total Cash From Operating Activities(198.5M)(13.5M)889.7M13.6B5.4B3.1B
Short Term Investments1.7M137.2M381.6M189.4M4.9B5.1B

About BioNTech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BioNTech SE's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BioNTech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BioNTech SE 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 BioNTech SE offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of BioNTech's 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 Biontech Se Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biontech Se Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BioNTech SE. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Please note, there is a significant difference between BioNTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if BioNTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BioNTech'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.