Dih Holdings Us, Stock Beneish M Score

DHAI Stock   1.40  0.05  3.45%   
This module uses fundamental data of DIH Holdings to approximate the value of its Beneish M Score. DIH Holdings 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 DIH Holdings Piotroski F Score and DIH Holdings Altman Z Score analysis.
  
As of now, DIH Holdings' Cash Flow To Debt Ratio is increasing as compared to previous years. As of now, DIH Holdings' Capex To Operating Cash Flow is decreasing as compared to previous years. The DIH Holdings' current Days Payables Outstanding is estimated to increase to 70.00, while EV To Sales is projected to decrease to 0.51.
At this time, it appears that DIH Holdings US, is an unlikely manipulator. The earnings manipulation may begin if DIH Holdings' 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 DIH Holdings 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 DIH Holdings' 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.
-4.26
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.1

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.03

Focus
Gross Margin Strengs

1.32

Focus
Accruals Factor

1.03

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.92

Focus
Financial Leverage Condition

1.39

Focus

DIH Holdings 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 DIH Holdings' 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 Receivables11.6 M11.5 M
Fairly Up
Slightly volatile
Total Revenue59.4 M64.5 M
Significantly Down
Slightly volatile
Total Assets29.2 M35.7 M
Significantly Down
Slightly volatile
Total Current Assets23.4 M27.1 M
Fairly Down
Slightly volatile
Non Current Assets TotalM8.7 M
Significantly Down
Slightly volatile
Depreciation And Amortization558.6 K302 K
Way Up
Slightly volatile
Selling General AdministrativeM3.1 M
Notably Down
Slightly volatile
Total Current Liabilities53.7 M45 M
Fairly Up
Slightly volatile
Non Current Liabilities Total15.1 M23.3 M
Way Down
Slightly volatile
Net Debt11.9 M12.7 M
Notably Down
Very volatile
Short Term Debt1.5 M1.6 M
Notably Down
Slightly volatile
Long Term Debt12 M11.5 M
Sufficiently Up
Slightly volatile
Long Term Investments106.2 M58.6 M
Way Up
Slightly volatile
Gross Profit Margin0.610.4618
Significantly Up
Slightly volatile

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

About DIH Holdings 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

558,600

As of now, DIH Holdings' Depreciation And Amortization is decreasing as compared to previous years.

About DIH Holdings Fundamental Analysis

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

Currently Active Assets on Macroaxis

When determining whether DIH Holdings US, offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of DIH Holdings' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Dih Holdings Us, Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Dih Holdings Us, Stock:
Check out DIH Holdings Piotroski F Score and DIH Holdings Altman Z Score analysis.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Health Care Equipment & Supplies 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 DIH Holdings. If investors know DIH 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 DIH Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.32)
Revenue Per Share
2.35
Quarterly Revenue Growth
0.241
Return On Assets
(0.03)
The market value of DIH Holdings US, is measured differently than its book value, which is the value of DIH that is recorded on the company's balance sheet. Investors also form their own opinion of DIH Holdings' value that differs from its market value or its book value, called intrinsic value, which is DIH Holdings' 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 DIH Holdings' market value can be influenced by many factors that don't directly affect DIH Holdings' 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 DIH Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if DIH Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, DIH Holdings' 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.