Firstrand Stock Beneish M Score

FSRA Stock  EUR 4.00  0.04  1.01%   
This module uses fundamental data of FIRSTRAND to approximate the value of its Beneish M Score. FIRSTRAND 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 FIRSTRAND. 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, FIRSTRAND's M Score is inapplicable. The earnings manipulation may begin if FIRSTRAND'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 FIRSTRAND 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 FIRSTRAND'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.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About FIRSTRAND Fundamental Analysis

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

When running FIRSTRAND's price analysis, check to measure FIRSTRAND'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 FIRSTRAND is operating at the current time. Most of FIRSTRAND's value examination focuses on studying past and present price action to predict the probability of FIRSTRAND's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FIRSTRAND's price. Additionally, you may evaluate how the addition of FIRSTRAND to your portfolios can decrease your overall portfolio volatility.