This module uses fundamental data of Alpha Star to approximate the value of its Beneish M Score. Alpha Star 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 Alpha Star Piotroski F Score and Alpha Star Altman Z Score analysis.
Alpha
Beneish M Score
Ptb Ratio
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Pb Ratio
Free Cash Flow Per Share
Roic
Net Income Per Share
Pocfratio
Pfcf Ratio
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Graham Number
Shareholders Equity Per Share
Graham Net Net
Interest Debt Per Share
Enterprise Value Over E B I T D A
Price Earnings Ratio
Price Book Value Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Ebt Per Ebit
Company Equity Multiplier
Return On Capital Employed
Quick Ratio
Price To Book Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Return On Assets
Price Fair Value
Return On Equity
Other Cashflows From Financing Activities
Other Current Liab
Non Currrent Assets Other
Other Current Assets
Net Invested Capital
Capital Stock
Net Working Capital
Depreciation And Amortization
Ebit
Ebitda
Probability Of Bankruptcy
At present, Alpha Star's Net 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 1.01, whereas Short and Long Term Debt Total is forecasted to decline to about 3.2 M. At present, Alpha Star's Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Net Income Per Share is expected to grow to 0.34, whereas PTB Ratio is forecasted to decline to 1.14.
At this time, it appears that Alpha Star Acquisition is an unlikely manipulator. The earnings manipulation may begin if Alpha Star'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 Alpha Star 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 Alpha Star'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 Alpha Star'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.
Alpha Star Acquisition 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 Alpha Star's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Alpha Star in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Alpha Star'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.
Depreciation And Amortization
457,051
At present, Alpha Star's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting.
Alpha Star 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, Alpha Star's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Alpha Star's managers, analysts, and investors.
Environmental
Governance
Social
About Alpha Star Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Alpha Star Acquisition's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Alpha Star using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Alpha Star Acquisition 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.
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Alpha Star financial ratios help investors to determine whether Alpha Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alpha with respect to the benefits of owning Alpha Star security.