1895 Of Wisconsin Stock Beneish M Score

BCOW Stock  USD 10.09  0.10  1.00%   
This module uses fundamental data of 1895 Of to approximate the value of its Beneish M Score. 1895 Of 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 1895 Of Piotroski F Score and 1895 Of Altman Z Score analysis.
  
At this time, 1895 Of's Net Debt is fairly stable compared to the past year. Short and Long Term Debt is likely to climb to about 20.6 M in 2024, whereas Long Term Debt is likely to drop slightly above 54.6 M in 2024. At this time, 1895 Of's PTB Ratio is fairly stable compared to the past year. Days Sales Outstanding is likely to climb to 57.95 in 2024, whereas Book Value Per Share is likely to drop 9.08 in 2024.
At this time, it appears that 1895 of Wisconsin is an unlikely manipulator. The earnings manipulation may begin if 1895 Of'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 1895 Of 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 1895 Of'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.
-3.14
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.66

Focus
Asset Quality

1.0

Focus
Expense Coverage

0.84

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

0.84

Focus
Depreciation Resistance

1.02

Focus
Net Sales Growth

1.22

Focus
Financial Leverage Condition

1.09

Focus

1895 Of 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 1895 Of'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 Receivables1.3 M1.6 M
Significantly Down
Pretty Stable
Total Revenue12.5 M10.3 M
Fairly Up
Slightly volatile
Total Assets539 M557.6 M
Sufficiently Down
Slightly volatile
Total Current Assets14.1 M14.8 M
Notably Down
Slightly volatile
Non Current Assets Total4.9 M5.2 M
Notably Down
Slightly volatile
Property Plant Equipment5.7 M5.3 M
Notably Up
Slightly volatile
Depreciation And Amortization512.7 K492 K
Sufficiently Up
Slightly volatile
Selling General Administrative10.6 M10.4 M
Fairly Up
Slightly volatile
Total Current Liabilities326.8 M311.2 M
Sufficiently Up
Very volatile
Non Current Liabilities Total509.1 M484.8 M
Sufficiently Up
Very volatile
Long Term Debt54.6 M71 M
Way Down
Slightly volatile
Short Term Investments1.9 MM
Notably Down
Slightly volatile
Long Term Investments100 M113.2 M
Fairly Down
Very volatile

1895 of Wisconsin 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 1895 Of's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards 1895 Of in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find 1895 Of's degree of accounting gimmicks and manipulations.

About 1895 Of 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

539.04 Million

At this time, 1895 Of's Total Assets are fairly stable compared to the past year.

1895 Of 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 1895 Of. 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 Receivables963K912K948K1.3M1.6M1.3M
Total Revenue15.5M19.2M17.0M16.2M10.3M12.5M
Total Assets428.0M516.8M539.6M543.0M557.6M539.0M
Total Current Assets83.8M147.6M180.2M30.2M14.8M14.1M
Net Debt6.1M(19.6M)(11.4M)45.4M59.8M62.8M
Short Term Debt39K13.0M8.5M13.5M15.1M11.3M
Long Term Debt17.6M68.4M55.4M71.5M71.0M54.6M
Operating Income440K3.1M(43K)1.8M(2.4M)(2.3M)
Investments56.8M(6.4M)(50.5M)(55.1M)(17.1M)(18.0M)

1895 Of 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, 1895 Of's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 1895 Of's managers, analysts, and investors.
Environmental
Governance
Social

About 1895 Of Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 1895 of Wisconsin's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 1895 Of using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 1895 of Wisconsin 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 1895 Stock Analysis

When running 1895 Of's price analysis, check to measure 1895 Of'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 1895 Of is operating at the current time. Most of 1895 Of's value examination focuses on studying past and present price action to predict the probability of 1895 Of's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1895 Of's price. Additionally, you may evaluate how the addition of 1895 Of to your portfolios can decrease your overall portfolio volatility.