Everyman Media Group Stock Beneish M Score

EMAN Stock   53.50  0.00  0.00%   
This module uses fundamental data of Everyman Media to approximate the value of its Beneish M Score. Everyman Media 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Everyman Media Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Everyman Media's Short and Long Term Debt Total is comparatively stable compared to the past year. Net Debt is likely to gain to about 126.8 M in 2024, despite the fact that Short Term Debt is likely to grow to (5.6 M).
At this time, Everyman Media's M Score is inapplicable. The earnings manipulation may begin if Everyman Media'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 Everyman Media 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 Everyman Media'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.
-3.05
Beneish M Score - Inapplicable
Elasticity of Receivables

1.0

Focus
Asset Quality

1.06

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

0.92

Focus

Everyman Media 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 Everyman Media'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 Receivables7.1 M6.7 M
Sufficiently Up
Slightly volatile
Total Revenue95.2 M90.6 M
Sufficiently Up
Slightly volatile
Total Assets207.6 M197.7 M
Sufficiently Up
Slightly volatile
Total Current AssetsM11.8 M
Way Down
Pretty Stable
Non Current Assets Total195.2 M185.9 M
Sufficiently Up
Slightly volatile
Property Plant Equipment165.4 M157.6 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization14.2 M13.5 M
Sufficiently Up
Slightly volatile
Selling General Administrative61 M58.1 M
Sufficiently Up
Slightly volatile
Total Current Liabilities11.5 M21.7 M
Way Down
Slightly volatile
Non Current Liabilities Total129 M122.8 M
Sufficiently Up
Slightly volatile
Long Term Debt26.6 M25.3 M
Sufficiently Up
Slightly volatile

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

About Everyman Media 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

14.16 Million

At this time, Everyman Media's Depreciation And Amortization is comparatively stable compared to the past year.

Everyman Media 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 Everyman Media. 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.
201920202021202220232024 (projected)
Net Receivables4.5M2.9M5.6M5.8M6.7M7.1M
Total Revenue65.0M24.2M49.0M78.8M90.6M95.2M
Total Assets161.6M151.2M160.1M171.9M197.7M207.6M
Total Current Assets9.2M3.6M10.6M10.2M11.8M9.0M
Net Debt85.2M87.8M90.2M105.0M120.8M126.8M
Short Term Debt2.5M2.6M2.8M(5.1M)(5.9M)(5.6M)
Long Term Debt14M9M12.5M22M25.3M26.6M
Operating Income5.9M(18.0M)(8.5M)643K578.7K607.6K
Investments(24.1M)(8.5M)(7.8M)(19.9M)(22.9M)(24.1M)

About Everyman Media Fundamental Analysis

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

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Additional Tools for Everyman Stock Analysis

When running Everyman Media's price analysis, check to measure Everyman Media's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Everyman Media is operating at the current time. Most of Everyman Media's value examination focuses on studying past and present price action to predict the probability of Everyman Media's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Everyman Media's price. Additionally, you may evaluate how the addition of Everyman Media to your portfolios can decrease your overall portfolio volatility.