This module uses fundamental data of Safeplus International to approximate the value of its Beneish M Score. Safeplus International 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 Safeplus International Piotroski F Score and Safeplus International Altman Z Score analysis.
Safeplus
Beneish M Score
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Inventory Turnover
Net Income Per Share
Days Of Inventory On Hand
Payables Turnover
Sales General And Administrative To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Payout Ratio
Capex To Operating Cash Flow
Pfcf Ratio
Days Payables Outstanding
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Days Of Payables Outstanding
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Inventory Outstanding
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Gross Profit Margin
Price Fair Value
Return On Equity
Capital Expenditures
Total Cash From Operating Activities
Total Cash From Financing Activities
Change To Liabilities
Total Cashflows From Investing Activities
Change To Account Receivables
Other Cashflows From Financing Activities
Sale Purchase Of Stock
Change In Cash
Net Borrowings
Depreciation
Change To Operating Activities
Net Income
Change To Netincome
Other Cashflows From Investing Activities
End Period Cash Flow
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Non Cash Items
Dividends Paid
Common Stock
Total Assets
Other Current Liab
Total Current Liabilities
Accounts Payable
Cash
Other Assets
Long Term Debt
Total Liab
Property Plant Equipment
Total Stockholder Equity
Short Term Investments
Other Current Assets
Intangible Assets
Other Liab
Net Tangible Assets
Retained Earnings
Net Receivables
Short Long Term Debt
Total Current Assets
Short Term Debt
Deferred Long Term Liab
Short Long Term Debt Total
Property Plant And Equipment Net
Net Debt
Non Current Assets Total
Non Currrent Assets Other
Cash And Short Term Investments
Good Will
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Non Current Liabilities Total
Inventory
Accumulated Other Comprehensive Income
Selling General Administrative
Research Development
Total Revenue
Cost Of Revenue
Gross Profit
Operating Income
Net Income From Continuing Ops
Ebit
Total Operating Expenses
Income Before Tax
Total Other Income Expense Net
Net Income Applicable To Common Shares
Income Tax Expense
Minority Interest
Depreciation And Amortization
Other Operating Expenses
Ebitda
Probability Of Bankruptcy
As of now, Safeplus International's Debt To Equity is increasing as compared to previous years. The Safeplus International's current Interest Debt Per Share is estimated to increase to 116.22, while Short and Long Term Debt is projected to decrease to under 844.3 K. As of now, Safeplus International's PB Ratio is decreasing as compared to previous years. The Safeplus International's current Days Of Inventory On Hand is estimated to increase to 13.85, while Price To Sales Ratio is projected to decrease to 0.35.
At this time, it appears that Safeplus International is a possible manipulator. The earnings manipulation may begin if Safeplus International'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 Safeplus International 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 Safeplus International'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.
Safeplus International 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 Safeplus International'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.
Safeplus International 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 Safeplus International's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Safeplus International in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Safeplus International's degree of accounting gimmicks and manipulations.
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.
Safeplus International 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 Safeplus International. 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.
The Macroaxis Fundamental Analysis modules help investors analyze Safeplus International Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Safeplus International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Safeplus International 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.
When determining whether Safeplus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safeplus International'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 Safeplus International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safeplus International Holdings Stock:
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Equipment & Supplies 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 Safeplus International. If investors know Safeplus 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 Safeplus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.09)
Revenue Per Share
0.004
Quarterly Revenue Growth
0.171
Return On Assets
(0.15)
The market value of Safeplus International is measured differently than its book value, which is the value of Safeplus that is recorded on the company's balance sheet. Investors also form their own opinion of Safeplus International's value that differs from its market value or its book value, called intrinsic value, which is Safeplus International'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 Safeplus International's market value can be influenced by many factors that don't directly affect Safeplus International'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 Safeplus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safeplus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safeplus International'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.