Everus Construction Group Stock Beneish M Score

ECG Stock   48.14  1.40  2.83%   
This module uses fundamental data of Everus Construction to approximate the value of its Beneish M Score. Everus Construction 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 Everus Construction Piotroski F Score and Everus Construction Altman Z Score analysis.
  
At this time, Everus Construction's Long Term Debt is most likely to decrease significantly in the upcoming years. The Everus Construction's current Short Term Debt is estimated to increase to about 27.2 M, while Short and Long Term Debt is projected to decrease to roughly 21.6 M. At this time, Everus Construction's Operating Cash Flow Per Share is most likely to increase slightly in the upcoming years. The Everus Construction's current Stock Based Compensation To Revenue is estimated to increase to 0.0006, while Net Income Per Share is projected to decrease to 1.85.
At this time, it appears that Everus Construction is an unlikely manipulator. The earnings manipulation may begin if Everus Construction'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 Everus Construction 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 Everus Construction'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.
-3.3
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.07

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.12

Focus
Gross Margin Strengs

0.92

Focus
Accruals Factor

1.12

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.85

Focus
Financial Leverage Condition

1.07

Focus

Everus Construction 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 Everus Construction'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 Receivables576 M633.7 M
Moderately Down
Slightly volatile
Total Revenue2.8 B3.3 B
Fairly Down
Slightly volatile
Total Assets898.5 M999.5 M
Moderately Down
Slightly volatile
Total Current Assets621.7 M689.5 M
Moderately Down
Slightly volatile
Non Current Assets Total276.8 M310.1 M
Fairly Down
Slightly volatile
Depreciation And Amortization23.8 M26.6 M
Moderately Down
Slightly volatile
Selling General Administrative23.2 M24.4 M
Notably Down
Slightly volatile
Total Current Liabilities370.4 M407 M
Significantly Down
Slightly volatile
Non Current Liabilities Total195.7 M188.6 M
Sufficiently Up
Slightly volatile
Net Debt209.5 M198.5 M
Notably Up
Slightly volatile
Short Term Debt27.2 M19 M
Way Up
Slightly volatile
Long Term Debt157.1 M151.7 M
Sufficiently Up
Slightly volatile
Operating Income179.9 M207.2 M
Fairly Down
Slightly volatile
Long Term Investments6.5 M9.7 M
Way Down
Slightly volatile
Gross Profit Margin0.120.13
Significantly Down
Pretty Stable

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

About Everus Construction 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.

Other Operating Expenses

2.61 Billion

At this time, Everus Construction's Other Operating Expenses is most likely to increase significantly in the upcoming years.

About Everus Construction Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Everus Construction Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Everus Construction using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Everus Construction Group 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 Everus Construction is a strong investment it is important to analyze Everus Construction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Everus Construction's future performance. For an informed investment choice regarding Everus Stock, refer to the following important reports:
Check out Everus Construction Piotroski F Score and Everus Construction Altman Z Score analysis.
You can also try the Money Managers module to screen money managers from public funds and ETFs managed around the world.
Is Construction 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 Everus Construction. If investors know Everus 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 Everus Construction listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.06)
Earnings Share
2.81
Revenue Per Share
55.906
Quarterly Revenue Growth
0.195
Return On Assets
0.099
The market value of Everus Construction is measured differently than its book value, which is the value of Everus that is recorded on the company's balance sheet. Investors also form their own opinion of Everus Construction's value that differs from its market value or its book value, called intrinsic value, which is Everus Construction'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 Everus Construction's market value can be influenced by many factors that don't directly affect Everus Construction'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 Everus Construction's value and its price as these two are different measures arrived at by different means. Investors typically determine if Everus Construction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Everus Construction'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.