This module uses fundamental data of Worthington Steel to approximate the value of its Beneish M Score. Worthington Steel 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 Worthington Steel Piotroski F Score and Worthington Steel Altman Z Score analysis.
At this time, Worthington Steel's Net Debt is comparatively stable compared to the past year. Short Term Debt is likely to gain to about 197.1 M in 2025, whereas Long Term Debt is likely to drop slightly above 16 M in 2025. At this time, Worthington Steel's POCF Ratio is comparatively stable compared to the past year. Interest Coverage is likely to gain to 55.17 in 2025, whereas PTB Ratio is likely to drop 1.62 in 2025.
At this time, it appears that Worthington Steel is an unlikely manipulator. The earnings manipulation may begin if Worthington Steel'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 Worthington Steel 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 Worthington Steel'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.
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 Worthington Steel'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.
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 Worthington Steel's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Worthington Steel in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Worthington Steel's degree of accounting gimmicks and manipulations.
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
1.95 Billion
At this time, Worthington Steel's Total Assets are comparatively stable compared to the past year.
Worthington Steel 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, Worthington Steel's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Worthington Steel's managers, analysts, and investors.
Environmental
Governance
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About Worthington Steel Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Worthington Steel's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Worthington Steel using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Worthington Steel 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.
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When running Worthington Steel's price analysis, check to measure Worthington Steel's 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 Worthington Steel is operating at the current time. Most of Worthington Steel's value examination focuses on studying past and present price action to predict the probability of Worthington Steel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Worthington Steel's price. Additionally, you may evaluate how the addition of Worthington Steel to your portfolios can decrease your overall portfolio volatility.