Binah Capital Group, Stock Beneish M Score

BCG Stock   2.58  0.03  1.18%   
This module uses fundamental data of Binah Capital to approximate the value of its Beneish M Score. Binah Capital 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 Binah Capital Piotroski F Score and Binah Capital Altman Z Score analysis.
  
At this time, Binah Capital's Debt Equity Ratio is most likely to slightly grow in the upcoming years. At this time, Binah Capital's Operating Cash Flow Per Share is most likely to increase slightly in the upcoming years. The Binah Capital's current Free Cash Flow Per Share is estimated to increase to 1.96, while Dividend Yield is projected to decrease to 0.01.
At this time, it appears that Binah Capital Group, is an unlikely manipulator. The earnings manipulation may begin if Binah Capital'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 Binah Capital 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 Binah Capital'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.
-3.07
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.99

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.05

Focus
Gross Margin Strengs

1.21

Focus
Accruals Factor

1.05

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.92

Focus
Financial Leverage Condition

0.96

Focus

Binah Capital 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 Binah Capital'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 Receivables8.6 M9.4 M
Significantly Down
Pretty Stable
Total Revenue169.4 M183.8 M
Significantly Down
Slightly volatile
Total Assets70.7 M60.7 M
Fairly Up
Slightly volatile
Total Current Assets12.6 M20.8 M
Way Down
Slightly volatile
Non Current Assets Total61.6 M44.4 M
Significantly Up
Slightly volatile
Depreciation And Amortization1.2 M1.1 M
Fairly Up
Slightly volatile
Selling General Administrative6.9 M7.2 M
Sufficiently Down
Pretty Stable
Total Current Liabilities32.3 M19.8 M
Way Up
Slightly volatile
Non Current Liabilities Total33.1 M48.9 M
Way Down
Slightly volatile
Short Term Debt31.3 M43 M
Way Down
Slightly volatile
Long Term Debt41.8 M43.9 M
Notably Down
Slightly volatile
Short Term Investments320 K360 K
Fairly Down
Slightly volatile
Gross Profit Margin0.07810.0645
Fairly Up
Slightly volatile

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

About Binah Capital 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.

Other Operating Expenses

107.8 Million

At this time, Binah Capital's Other Operating Expenses is most likely to increase significantly in the upcoming years.

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

About Binah Capital Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Binah Capital Group, is a strong investment it is important to analyze Binah Capital'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 Binah Capital's future performance. For an informed investment choice regarding Binah Stock, refer to the following important reports:
Check out Binah Capital Piotroski F Score and Binah Capital Altman Z Score analysis.
You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Is Asset Management & Custody 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 Binah Capital. If investors know Binah 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 Binah Capital listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.18)
Revenue Per Share
9.751
Quarterly Revenue Growth
0.023
Return On Assets
(0.04)
Return On Equity
(0.25)
The market value of Binah Capital Group, is measured differently than its book value, which is the value of Binah that is recorded on the company's balance sheet. Investors also form their own opinion of Binah Capital's value that differs from its market value or its book value, called intrinsic value, which is Binah Capital'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 Binah Capital's market value can be influenced by many factors that don't directly affect Binah Capital'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 Binah Capital's value and its price as these two are different measures arrived at by different means. Investors typically determine if Binah Capital is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Binah Capital'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.