Taiwan Cement Corp Stock Beneish M Score

1101B Stock  TWD 46.35  0.05  0.11%   
This module uses fundamental data of Taiwan Cement to approximate the value of its Beneish M Score. Taiwan Cement 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Taiwan Cement Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
  
At this time, Taiwan Cement's M Score is inapplicable. The earnings manipulation may begin if Taiwan Cement'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 Taiwan Cement 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 Taiwan Cement'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

N/A

Focus
Asset Quality

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Expense Coverage

N/A

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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

N/A

Focus

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About Taiwan Cement Fundamental Analysis

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

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