Molecular Partners Ag Stock Beneish M Score

MOLN Stock  USD 5.23  0.01  0.19%   
This module uses fundamental data of Molecular Partners to approximate the value of its Beneish M Score. Molecular Partners 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 Molecular Partners Piotroski F Score and Molecular Partners Altman Z Score analysis.
  
At this time, Molecular Partners' Debt Equity Ratio is very stable compared to the past year. As of the 31st of January 2025, Debt Ratio is likely to grow to 0.03, while Net Debt is likely to drop (76.9 M). At this time, Molecular Partners' Income Quality is very stable compared to the past year. As of the 31st of January 2025, Intangibles To Total Assets is likely to grow to 0, while PTB Ratio is likely to drop 0.70.
At this time, it appears that Molecular Partners is an unlikely manipulator. The earnings manipulation may begin if Molecular Partners' 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 Molecular Partners 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 Molecular Partners' 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.
-2.42
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.0

Focus
Asset Quality

1.23

Focus
Expense Coverage

0.59

Focus
Gross Margin Strengs

0.95

Focus
Accruals Factor

0.59

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

0.97

Focus

Molecular Partners 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 Molecular Partners' 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 Receivables322.3 K339.2 K
Notably Down
Pretty Stable
Total Revenue7.7 M8.1 M
Notably Down
Very volatile
Total Assets193.3 M228.1 M
Fairly Down
Slightly volatile
Total Current Assets188.3 M221.3 M
Fairly Down
Slightly volatile
Non Current Assets TotalM6.8 M
Way Down
Slightly volatile
Property Plant Equipment5.9 M8.3 M
Way Down
Slightly volatile
Depreciation And AmortizationM2.8 M
Way Down
Slightly volatile
Selling General Administrative12.2 M21.8 M
Way Down
Slightly volatile
Total Current Liabilities30.3 M16.6 M
Way Up
Pretty Stable
Non Current Liabilities Total6.4 M6.8 M
Notably Down
Slightly volatile
Short Term Debt1.4 M1.1 M
Significantly Up
Slightly volatile

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

About Molecular Partners 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

1.99 Million

At this time, Molecular Partners' Depreciation And Amortization is very stable compared to the past year.

Molecular Partners 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 Molecular Partners. 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 Receivables159K25.7M521K295K339.3K322.3K
Total Revenue9.3M9.3M189.6M7.0M8.1M7.7M
Total Assets187.5M172.7M262.3M198.4M228.1M193.3M
Total Current Assets177.8M164.2M254.8M192.5M221.3M188.3M
Net Debt(126.5M)(65.8M)(83.1M)(63.7M)(73.2M)(76.9M)
Short Term Debt1.2M1.2M1.2M1.2M1.1M1.4M
Operating Income(58.3M)(63.4M)116.6M(61.1M)(55.0M)(52.2M)
Investments(20.6M)(21M)(101.1M)61.1M55.0M57.7M
Gross Profit Margin(5.0)(4.97)0.73(5.8)(6.67)(6.33)

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

About Molecular Partners Fundamental Analysis

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

Pair Trading with Molecular Partners

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Molecular Partners position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Molecular Partners will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Molecular Partners could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Molecular Partners when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Molecular Partners - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Molecular Partners AG to buy it.
The correlation of Molecular Partners is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Molecular Partners moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Molecular Partners moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Molecular Partners can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Molecular Partners offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Molecular Partners' 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 Molecular Partners Ag Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Molecular Partners Ag Stock:
Is Biotechnology 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 Molecular Partners. If investors know Molecular 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 Molecular Partners listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(2.09)
Revenue Per Share
0.182
Quarterly Revenue Growth
(0.73)
Return On Assets
(0.21)
Return On Equity
(0.37)
The market value of Molecular Partners is measured differently than its book value, which is the value of Molecular that is recorded on the company's balance sheet. Investors also form their own opinion of Molecular Partners' value that differs from its market value or its book value, called intrinsic value, which is Molecular Partners' 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 Molecular Partners' market value can be influenced by many factors that don't directly affect Molecular Partners' 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 Molecular Partners' value and its price as these two are different measures arrived at by different means. Investors typically determine if Molecular Partners is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Molecular Partners' 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.