Mitie Group Plc Stock Beneish M Score

MTO Stock  EUR 1,136  38.50  3.51%   
This module uses fundamental data of Mitie Group to approximate the value of its Beneish M Score. Mitie Group 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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mitie Group PLC. 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, Mitie Group's M Score is inapplicable. The earnings manipulation may begin if Mitie Group'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 Mitie Group 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 Mitie Group'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 Mitie Group Fundamental Analysis

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

Mitie Group financial ratios help investors to determine whether Mitie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mitie with respect to the benefits of owning Mitie Group security.