Atour Lifestyle Holdings Stock Beneish M Score

ATAT Stock   25.27  0.08  0.32%   
This module uses fundamental data of Atour Lifestyle to approximate the value of its Beneish M Score. Atour Lifestyle 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 Atour Lifestyle Piotroski F Score and Atour Lifestyle Altman Z Score analysis.
  
At this time, Atour Lifestyle's Short and Long Term Debt is comparatively stable compared to the past year. Debt To Equity is likely to gain to 0.04 in 2024, whereas Long Term Debt is likely to drop slightly above 1.7 M in 2024. At this time, Atour Lifestyle's Interest Coverage is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 98.68 in 2024, whereas Days Sales Outstanding is likely to drop 12.43 in 2024.
At this time, it appears that Atour Lifestyle Holdings is an unlikely manipulator. The earnings manipulation may begin if Atour Lifestyle'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 Atour Lifestyle 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 Atour Lifestyle'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.
-3.36
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.66

Focus
Asset Quality

1.24

Focus
Expense Coverage

1.07

Focus
Gross Margin Strengs

1.05

Focus
Accruals Factor

1.07

Focus
Depreciation Resistance

0.89

Focus
Net Sales Growth

0.58

Focus
Financial Leverage Condition

0.54

Focus

Atour Lifestyle 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 Atour Lifestyle'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 Receivables159.4 M167.3 M
Sufficiently Down
Slightly volatile
Total Revenue2.7 B4.7 B
Way Down
Slightly volatile
Total Assets3.8 B6.6 B
Way Down
Slightly volatile
Total Current Assets2.2 B4.2 B
Way Down
Slightly volatile
Non Current Assets Total1.6 B2.3 B
Way Down
Slightly volatile
Property Plant Equipment484.3 M504.9 M
Sufficiently Down
Slightly volatile
Depreciation And Amortization92.5 M83.7 M
Significantly Up
Slightly volatile
Selling General Administrative279 M451.5 M
Way Down
Slightly volatile
Total Current Liabilities1.4 B2.4 B
Way Down
Slightly volatile
Non Current Liabilities Total1.7 B2.1 B
Significantly Down
Slightly volatile
Short Term Debt194.9 M365.7 M
Way Down
Slightly volatile
Long Term Debt1.7 M1.8 M
Notably Down
Slightly volatile
Operating Income970.2 M924 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities2.1 BB
Sufficiently Up
Slightly volatile
Short Term Investments791.8 M754.1 M
Sufficiently Up
Slightly volatile
Gross Profit Margin0.530.5042
Sufficiently Up
Slightly volatile

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

About Atour Lifestyle 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.

Depreciation And Amortization

92.47 Million

At this time, Atour Lifestyle's Depreciation And Amortization is comparatively stable compared to the past year.

Atour Lifestyle 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, Atour Lifestyle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Atour Lifestyle's managers, analysts, and investors.
Environmental
Governance
Social

About Atour Lifestyle Fundamental Analysis

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

Thematic Opportunities

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Additional Tools for Atour Stock Analysis

When running Atour Lifestyle's price analysis, check to measure Atour Lifestyle's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Atour Lifestyle is operating at the current time. Most of Atour Lifestyle's value examination focuses on studying past and present price action to predict the probability of Atour Lifestyle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atour Lifestyle's price. Additionally, you may evaluate how the addition of Atour Lifestyle to your portfolios can decrease your overall portfolio volatility.