Teradata Corp Stock Beneish M Score

TDC Stock  USD 30.70  0.33  1.09%   
This module uses fundamental data of Teradata Corp to approximate the value of its Beneish M Score. Teradata Corp 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 Teradata Corp Piotroski F Score and Teradata Corp Altman Z Score analysis.
For information on how to trade Teradata Stock refer to our How to Trade Teradata Stock guide.
  
At present, Teradata Corp's Short Term Debt is projected to increase significantly based on the last few years of reporting. The current year's Net Debt To EBITDA is expected to grow to 0.62, whereas Long Term Debt is forecasted to decline to about 411.6 M. At present, Teradata Corp's PTB Ratio is projected to increase significantly based on the last few years of reporting. The current year's Days Sales Outstanding is expected to grow to 91.98, whereas Book Value Per Share is forecasted to decline to 1.29.
At this time, it appears that Teradata Corp is an unlikely manipulator. The earnings manipulation may begin if Teradata Corp'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 Teradata Corp 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 Teradata Corp'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.
-2.93
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.11

Focus
Asset Quality

0.75

Focus
Expense Coverage

0.89

Focus
Gross Margin Strengs

0.71

Focus
Accruals Factor

0.89

Focus
Depreciation Resistance

0.61

Focus
Net Sales Growth

1.19

Focus
Financial Leverage Condition

0.76

Focus

Teradata Corp 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 Teradata Corp'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 Receivables383.6 M291 M
Significantly Up
Slightly volatile
Total Revenue2.2 B1.8 B
Fairly Up
Slightly volatile
Total Assets2.2 B1.9 B
Fairly Up
Pretty Stable
Total Current Assets1.4 B869 M
Way Up
Pretty Stable
Non Current Assets TotalBB
Fairly Up
Pretty Stable
Property Plant Equipment194.5 M295.6 M
Way Down
Slightly volatile
Depreciation And Amortization168 M116 M
Way Up
Slightly volatile
Selling General Administrative690.3 M651 M
Notably Up
Very volatile
Total Current Liabilities861.2 M996 M
Fairly Down
Slightly volatile
Non Current Liabilities Total570 M742 M
Way Down
Slightly volatile
Short Term Debt170.9 M163 M
Sufficiently Up
Pretty Stable
Total Cash From Operating Activities439.5 M375 M
Fairly Up
Pretty Stable
Long Term Investments62.4 M70.2 M
Fairly Down
Slightly volatile
Gross Profit Margin0.430.6088
Way Down
Pretty Stable

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

About Teradata Corp 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

1.89 Billion

At present, Teradata Corp's Other Operating Expenses is projected to decrease significantly based on the last few years of reporting.

Teradata Corp 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 Teradata Corp. 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 Receivables398M339M345M364M291M383.6M
Total Revenue1.9B1.8B1.9B1.8B1.8B2.2B
Total Assets2.1B2.2B2.2B2.0B1.9B2.2B
Total Current Assets1.0B1.0B1.1B1.0B869M1.4B
Net Debt173M114M(20M)68M154M161.7M
Short Term Debt100M224M266M150M163M170.9M
Long Term Debt454M411M324M498M480M411.6M
Operating Income6M16M231M118M186M197.7M
Investments(59M)(51M)(31M)(18M)(39M)(41.0M)

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

About Teradata Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Teradata Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teradata Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teradata Corp 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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When determining whether Teradata Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Teradata Corp's 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 Teradata Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Teradata Corp Stock:
Check out Teradata Corp Piotroski F Score and Teradata Corp Altman Z Score analysis.
For information on how to trade Teradata Stock refer to our How to Trade Teradata Stock guide.
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Is Systems Software 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 Teradata Corp. If investors know Teradata 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 Teradata Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.75
Earnings Share
0.85
Revenue Per Share
18.546
Quarterly Revenue Growth
0.005
Return On Assets
0.078
The market value of Teradata Corp is measured differently than its book value, which is the value of Teradata that is recorded on the company's balance sheet. Investors also form their own opinion of Teradata Corp's value that differs from its market value or its book value, called intrinsic value, which is Teradata Corp's 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 Teradata Corp's market value can be influenced by many factors that don't directly affect Teradata Corp's 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 Teradata Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Teradata Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Teradata Corp's 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.