Bny Mellon Municipalome Stock Beneish M Score

DMF Stock  USD 7.20  0.04  0.56%   
This module uses fundamental data of Bny Mellon to approximate the value of its Beneish M Score. Bny Mellon 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 Bny Mellon Piotroski F Score and Bny Mellon Altman Z Score analysis.
  
At this time, Bny Mellon's Short and Long Term Debt Total is most likely to increase significantly in the upcoming years. The Bny Mellon's current Net Debt To EBITDA is estimated to increase to 8.00, while Net Debt is forecasted to increase to (860.1 K). At this time, Bny Mellon's Net Income Per Share is most likely to increase slightly in the upcoming years. The Bny Mellon's current Cash Per Share is estimated to increase to 0.05, while Dividend Yield is projected to decrease to 0.03.
At this time, Bny Mellon's M Score is unavailable. The earnings manipulation may begin if Bny Mellon'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 Bny Mellon 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 Bny Mellon'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.
-3.08
Beneish M Score - Unavailable
Elasticity of Receivables

1.38

Focus
Asset Quality

1.0

Focus
Expense Coverage

1.48

Focus
Gross Margin Strengs

1.06

Focus
Accruals Factor

1.48

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.43

Focus

Bny Mellon 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 Bny Mellon'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 Receivables4.1 M2.8 M
Way Up
Slightly volatile
Total Assets293 M281.9 M
Sufficiently Up
Pretty Stable
Total Current Assets673.1 K708.5 K
Notably Down
Slightly volatile
Non Current Assets Total286.8 M281 M
Fairly Up
Very volatile
Depreciation And Amortization158.7 K151.1 K
Sufficiently Up
Slightly volatile
Selling General Administrative969.2 K624.4 K
Way Up
Very volatile
Total Current Liabilities2.1 M1.8 M
Fairly Up
Pretty Stable
Non Current Liabilities Total56.9 M54.2 M
Sufficiently Up
Pretty Stable
Total Cash From Operating Activities769.2 K809.7 K
Notably Down
Slightly volatile
Long Term Investments213.4 M217.1 M
Fairly Down
Slightly volatile

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

About Bny Mellon 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

31.74 Million

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

Bny Mellon 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 Bny Mellon. 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.
202020212022202320242025 (projected)
Net Receivables3.5M3.3M4.0M3.1M2.8M4.1M
Total Revenue14.2M(41.0M)3.8M26.3M23.7M24.8M
Total Assets291.6M234.1M221.0M245.1M281.9M293.0M
Total Current Assets4.3M5.2M4.3M787.3K708.5K673.1K
Non Current Assets Total287.3M228.9M216.5M244.3M281.0M286.8M
Selling General Administrative302.3K331.6K374.0K693.8K624.4K969.2K
Total Current Liabilities195.1K863.0K2.4M2.0M1.8M2.1M
Non Current Liabilities Total71.2M67.4M2.4M47.1M54.2M56.9M
Net Debt66.6M55.4M(249.9K)(787.3K)(905.4K)(860.1K)
Operating Income13.8M(40.7M)3.4M(57.5M)(51.7M)(49.1M)
Total Cash From Operating Activities12.2M18.6M13.1M899.7K809.7K769.2K
Long Term Investments287.3M228.9M216.5M241.2M217.1M213.4M
Gross Profit Margin0.430.871.040.630.720.76

About Bny Mellon Fundamental Analysis

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

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When determining whether Bny Mellon Municipalome is a strong investment it is important to analyze Bny Mellon'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 Bny Mellon's future performance. For an informed investment choice regarding Bny Stock, refer to the following important reports:
Check out Bny Mellon Piotroski F Score and Bny Mellon Altman Z Score analysis.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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 Bny Mellon. If investors know Bny 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 Bny Mellon listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.421
Earnings Share
1.24
Revenue Per Share
0.474
Quarterly Revenue Growth
0.041
Return On Assets
0.0204
The market value of Bny Mellon Municipalome is measured differently than its book value, which is the value of Bny that is recorded on the company's balance sheet. Investors also form their own opinion of Bny Mellon's value that differs from its market value or its book value, called intrinsic value, which is Bny Mellon'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 Bny Mellon's market value can be influenced by many factors that don't directly affect Bny Mellon'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 Bny Mellon's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bny Mellon is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bny Mellon'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.