Blink Charging Co Stock Beneish M Score

BLNK Stock  USD 1.59  0.03  1.92%   
This module uses fundamental data of Blink Charging to approximate the value of its Beneish M Score. Blink Charging 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 Blink Charging Piotroski F Score and Blink Charging Altman Z Score analysis.
  
At this time, Blink Charging's Debt To Equity is quite stable compared to the past year. Long Term Debt To Capitalization is expected to rise to 0.01 this year, although the value of Interest Debt Per Share will most likely fall to 0.21. At this time, Blink Charging's Cash Per Share is quite stable compared to the past year. Income Quality is expected to rise to 0.66 this year, although the value of PTB Ratio will most likely fall to 0.71.
At this time, Blink Charging's M Score is unavailable. The earnings manipulation may begin if Blink Charging'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 Blink Charging 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 Blink Charging'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.
-3.36
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

0.99

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

1.04

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

0.71

Focus

Blink Charging 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 Blink Charging'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 Receivables47.7 M45.4 M
Sufficiently Up
Slightly volatile
Total Revenue147.6 M140.6 M
Sufficiently Up
Slightly volatile
Total Assets449.9 M428.5 M
Sufficiently Up
Slightly volatile
Total Current Assets232.8 M221.7 M
Sufficiently Up
Slightly volatile
Non Current Assets Total217.1 M206.8 M
Sufficiently Up
Slightly volatile
Property Plant Equipment31.2 M29.7 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization15.3 M14.6 M
Sufficiently Up
Slightly volatile
Selling General Administrative134.2 M127.8 M
Sufficiently Up
Slightly volatile
Total Current Liabilities73.2 M69.7 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total72.9 M69.4 M
Sufficiently Up
Slightly volatile
Short Term Debt15.4 M14.7 M
Sufficiently Up
Slightly volatile

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

About Blink Charging 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.

Depreciation And Amortization

15.3 Million

At this time, Blink Charging's Depreciation And Amortization is quite stable compared to the past year.

Blink Charging 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 Blink Charging. 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 Receivables206.8K909.5K6.3M23.6M45.4M47.7M
Total Revenue2.8M6.2M20.9M61.1M140.6M147.6M
Total Assets11.9M34.5M231.9M362.5M428.5M449.9M
Total Current Assets10.2M26.3M192.5M99.3M221.7M232.8M
Net Debt(3.7M)(20.8M)(172.7M)(31.1M)(103.8M)(98.6M)
Short Term Debt200.8K978.1K1.1M2.1M14.7M15.4M
Operating Income(10.5M)(17.8M)(55.7M)(89.3M)(199.7M)(189.7M)
Investments(552.8K)2.8M(405K)(57.4M)(15.7M)(14.9M)
Gross Profit Margin0.420.340.140.240.320.33

About Blink Charging Fundamental Analysis

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

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Blink Charging is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Blink Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Blink Charging Co Stock. Highlighted below are key reports to facilitate an investment decision about Blink Charging Co Stock:
Check out Blink Charging Piotroski F Score and Blink Charging Altman Z Score analysis.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Automotive Retail 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 Blink Charging. If investors know Blink 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 Blink Charging listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.43)
Revenue Per Share
1.488
Quarterly Revenue Growth
(0.42)
Return On Assets
(0.13)
Return On Equity
(0.70)
The market value of Blink Charging is measured differently than its book value, which is the value of Blink that is recorded on the company's balance sheet. Investors also form their own opinion of Blink Charging's value that differs from its market value or its book value, called intrinsic value, which is Blink Charging's 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 Blink Charging's market value can be influenced by many factors that don't directly affect Blink Charging's 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 Blink Charging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Blink Charging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Blink Charging's 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.