Paymentus Holdings Stock Beneish M Score

PAY Stock  USD 37.81  1.37  3.76%   
This module uses fundamental data of Paymentus Holdings to approximate the value of its Beneish M Score. Paymentus Holdings 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 Paymentus Holdings Piotroski F Score and Paymentus Holdings Altman Z Score analysis.
For more information on how to buy Paymentus Stock please use our How to Invest in Paymentus Holdings guide.
  
At this time, Paymentus Holdings' Long Term Debt Total is fairly stable compared to the past year. Long Term Debt To Capitalization is likely to rise to 0.99 in 2024, despite the fact that Net Debt is likely to grow to (160.4 M). At this time, Paymentus Holdings' Cash Per Share is fairly stable compared to the past year. POCF Ratio is likely to rise to 32.22 in 2024, whereas Price To Sales Ratio is likely to drop 3.06 in 2024.
At this time, it appears that Paymentus Holdings is an unlikely manipulator. The earnings manipulation may begin if Paymentus Holdings' 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 Paymentus Holdings 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 Paymentus Holdings' 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.
-2.99
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.09

Focus
Asset Quality

-0.0844

Focus
Expense Coverage

0.56

Focus
Gross Margin Strengs

1.35

Focus
Accruals Factor

0.56

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.69

Focus
Financial Leverage Condition

1.0

Focus

Paymentus Holdings 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 Paymentus Holdings' 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 Receivables141.5 M76.6 M
Way Up
Slightly volatile
Total RevenueB614.5 M
Way Up
Slightly volatile
Total Assets479.6 M504.9 M
Notably Down
Slightly volatile
Total Current Assets523.7 M270.3 M
Way Up
Slightly volatile
Non Current Assets Total225.5 M237.4 M
Notably Down
Slightly volatile
Property Plant Equipment12.4 M13.1 M
Notably Down
Slightly volatile
Selling General Administrative34.2 M36 M
Notably Down
Slightly volatile
Total Current Liabilities59.6 M62.8 M
Notably Down
Slightly volatile
Non Current Liabilities Total11.8 M12.5 M
Notably Down
Slightly volatile
Short Term Debt1.8 M1.9 M
Notably Down
Slightly volatile
Long Term Debt615.2 M876.4 M
Way Down
Pretty Stable
Total Cash From Operating Activities123 M68.8 M
Way Up
Slightly volatile
Short Term Investments5.8 M3.5 M
Way Up
Slightly volatile
Long Term Investments23.7 M22.5 M
Sufficiently Up
Slightly volatile
Gross Profit Margin0.40.2967
Significantly Up
Slightly volatile

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

About Paymentus Holdings 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

989.74 Million

At this time, Paymentus Holdings' Other Operating Expenses is fairly stable compared to the past year.

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

About Paymentus Holdings Fundamental Analysis

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

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