Bluerock Homes Trust Stock Beneish M Score

BHM Stock  USD 13.75  0.21  1.50%   
This module uses fundamental data of Bluerock Homes to approximate the value of its Beneish M Score. Bluerock Homes 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 Bluerock Homes Piotroski F Score and Bluerock Homes Altman Z Score analysis.
  
At this time, Bluerock Homes' Net Debt is very stable compared to the past year. As of the 26th of November 2024, Short Term Debt is likely to grow to about 34.5 M, while Long Term Debt is likely to drop about 76.7 M. At this time, Bluerock Homes' Capex To Operating Cash Flow is very stable compared to the past year. As of the 26th of November 2024, PFCF Ratio is likely to grow to 12.98, while Days Sales Outstanding is likely to drop 150.17.
At this time, it appears that Bluerock Homes Trust is a possible manipulator. The earnings manipulation may begin if Bluerock Homes' 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 Bluerock Homes 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 Bluerock Homes' 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.
-0.37
Beneish M Score - Possible Manipulator
Elasticity of Receivables

2.31

Focus
Asset Quality

4.7

Focus
Expense Coverage

1.4

Focus
Gross Margin Strengs

0.94

Focus
Accruals Factor

1.4

Focus
Depreciation Resistance

0.36

Focus
Net Sales Growth

0.65

Focus
Financial Leverage Condition

1.08

Focus

Bluerock Homes 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 Bluerock Homes' 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 Receivables26.8 M17.8 M
Way Up
Slightly volatile
Total Revenue26.7 M41.1 M
Way Down
Slightly volatile
Total Assets650 M671.6 M
Sufficiently Down
Slightly volatile
Total Current Assets160.2 M98 M
Way Up
Slightly volatile
Non Current Assets Total418.1 M531.3 M
Significantly Down
Slightly volatile
Property Plant Equipment300.4 M542.9 M
Way Down
Slightly volatile
Depreciation And Amortization26.4 M16.2 M
Way Up
Very volatile
Selling General Administrative7.3 MM
Significantly Down
Slightly volatile
Total Current Liabilities656.5 K691 K
Notably Down
Slightly volatile
Non Current Liabilities Total90 M145 M
Way Down
Slightly volatile
Short Term Debt34.5 M21.6 M
Way Up
Pretty Stable
Long Term Debt76.7 M96.7 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities8.2 M13.9 M
Way Down
Slightly volatile
Short Term Investments2.3 M2.4 M
Notably Down
Slightly volatile
Long Term Investments77.1 M81.2 M
Notably Down
Slightly volatile
Gross Profit Margin0.220.2334
Notably Down
Slightly volatile

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

About Bluerock Homes 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

29.58 Million

At this time, Bluerock Homes' Other Operating Expenses is very stable compared to the past year.

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

About Bluerock Homes Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Bluerock Homes Trust is a strong investment it is important to analyze Bluerock Homes' 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 Bluerock Homes' future performance. For an informed investment choice regarding Bluerock Stock, refer to the following important reports:
Check out Bluerock Homes Piotroski F Score and Bluerock Homes Altman Z Score analysis.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Real Estate Management & Development 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 Bluerock Homes. If investors know Bluerock 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 Bluerock Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.98)
Revenue Per Share
14.528
Quarterly Revenue Growth
0.168
Return On Assets
(0)
Return On Equity
(0.04)
The market value of Bluerock Homes Trust is measured differently than its book value, which is the value of Bluerock that is recorded on the company's balance sheet. Investors also form their own opinion of Bluerock Homes' value that differs from its market value or its book value, called intrinsic value, which is Bluerock Homes' 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 Bluerock Homes' market value can be influenced by many factors that don't directly affect Bluerock Homes' 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 Bluerock Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bluerock Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bluerock Homes' 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.