Valmie Resources Stock Beneish M Score

VMRI Stock  USD 0.0001  0.00  0.00%   
This module uses fundamental data of Valmie Resources to approximate the value of its Beneish M Score. Valmie Resources 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 Valmie Resources Piotroski F Score and Valmie Resources Altman Z Score analysis.
For more detail on how to invest in Valmie Stock please use our How to Invest in Valmie Resources guide.
  
As of now, Valmie Resources' Net Debt To EBITDA is increasing as compared to previous years. The Valmie Resources' current Debt To Assets is estimated to increase to 5.02, while Short and Long Term Debt is projected to decrease to under 19.6 K. As of now, Valmie Resources' Cash Per Share is increasing as compared to previous years. The Valmie Resources' current Income Quality is estimated to increase to 0.57, while Free Cash Flow Yield is projected to decrease to (0.01).
At this time, it appears that Valmie Resources is an unlikely manipulator. The earnings manipulation may begin if Valmie Resources' 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 Valmie Resources 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 Valmie Resources' 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.
-5.9
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

N/A

Focus
Asset Quality

1.01

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

0.6

Focus

Valmie Resources 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 Valmie Resources' 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
Total Assets527.3 K502.2 K
Sufficiently Up
Slightly volatile
Total Current Assets331.2 K315.4 K
Sufficiently Up
Slightly volatile
Non Current Assets Total129.9 K146.2 K
Fairly Down
Slightly volatile
Property Plant Equipment11.9 K13.4 K
Fairly Down
Slightly volatile
Selling General Administrative712.6 K678.7 K
Sufficiently Up
Slightly volatile
Total Current Liabilities114.7 K213.6 K
Way Down
Slightly volatile
Short Term Debt19.6 K20.6 K
Notably Down
Very volatile
Long Term Debt94.9 K120.4 K
Significantly Down
Slightly volatile
Long Term Investments90.8 K102.1 K
Fairly Down
Slightly volatile

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

About Valmie Resources 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.

Total Assets

527,281

As of now, Valmie Resources' Total Assets are increasing as compared to previous years.

About Valmie Resources Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether Valmie Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Valmie Resources' 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 Valmie Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Valmie Resources Stock:
Check out Valmie Resources Piotroski F Score and Valmie Resources Altman Z Score analysis.
For more detail on how to invest in Valmie Stock please use our How to Invest in Valmie Resources guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Technology Hardware, Storage & Peripherals 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 Valmie Resources. If investors know Valmie 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 Valmie Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Return On Assets
(1.59)
Return On Equity
(34.74)
The market value of Valmie Resources is measured differently than its book value, which is the value of Valmie that is recorded on the company's balance sheet. Investors also form their own opinion of Valmie Resources' value that differs from its market value or its book value, called intrinsic value, which is Valmie Resources' 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 Valmie Resources' market value can be influenced by many factors that don't directly affect Valmie Resources' 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 Valmie Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Valmie Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Valmie Resources' 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.