Central Plains Bancshares, Stock Beneish M Score

CPBI Stock   14.37  0.15  1.03%   
This module uses fundamental data of Central Plains to approximate the value of its Beneish M Score. Central Plains 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 Central Plains Piotroski F Score and Central Plains Altman Z Score analysis.
  
The current Net Debt is estimated to decrease to about (6.3 M). The current Short and Long Term Debt Total is estimated to decrease to about 296 K.
At this time, it appears that Central Plains Bancs is an unlikely manipulator. The earnings manipulation may begin if Central Plains' 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 Central Plains 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 Central Plains' 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.
-2.92
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.99

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.03

Focus
Gross Margin Strengs

1.12

Focus
Accruals Factor

1.03

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.96

Focus
Financial Leverage Condition

0.9

Focus

Central Plains 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 Central Plains' 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 Receivables2.1 M2.2 M
Notably Down
Slightly volatile
Total Revenue20.2 M21 M
Sufficiently Down
Slightly volatile
Total Assets482.5 M463.7 M
Sufficiently Up
Slightly volatile
Total Current Assets14 M13.7 M
Fairly Up
Slightly volatile
Non Current Assets Total463.3 M450 M
Fairly Up
Slightly volatile
Depreciation And Amortization556.6 K518 K
Notably Up
Slightly volatile
Selling General AdministrativeMM
Slightly Down
Slightly volatile
Total Current Liabilities65.4 M68.8 M
Notably Down
Slightly volatile
Non Current Liabilities Total184.9 M316.6 M
Way Down
Slightly volatile
Short Term Debt56.8 K66 K
Fairly Down
Slightly volatile
Operating Income8.7 M11.1 M
Significantly Down
Slightly volatile
Total Cash From Operating Activities5.2 M5.7 M
Significantly Down
Slightly volatile
Short Term Investments48.3 M54.3 M
Fairly Down
Slightly volatile
Long Term Investments65.4 M60.7 M
Significantly Up
Slightly volatile
Gross Profit Margin0.750.6685
Moderately Up
Pretty Stable

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

About Central Plains 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

556,600

As of now, Central Plains' Depreciation And Amortization is increasing as compared to previous years.

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

About Central Plains Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Central Plains Bancshares,'s financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Central Plains using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Central Plains Bancshares, 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 Central Plains Bancs offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Central Plains' 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 Central Plains Bancshares, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Central Plains Bancshares, Stock:
Check out Central Plains Piotroski F Score and Central Plains Altman Z Score analysis.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
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 Central Plains. If investors know Central 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 Central Plains listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
0.97
Revenue Per Share
4.664
Quarterly Revenue Growth
0.142
Return On Equity
0.0631
The market value of Central Plains Bancs is measured differently than its book value, which is the value of Central that is recorded on the company's balance sheet. Investors also form their own opinion of Central Plains' value that differs from its market value or its book value, called intrinsic value, which is Central Plains' 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 Central Plains' market value can be influenced by many factors that don't directly affect Central Plains' 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 Central Plains' value and its price as these two are different measures arrived at by different means. Investors typically determine if Central Plains is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Central Plains' 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.