This module uses fundamental data of FG Annuities to approximate the value of its Beneish M Score. FG Annuities 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 FG Annuities Piotroski F Score and FG Annuities Altman Z Score analysis.
FG Annuities
Beneish M Score
Market Cap
Enterprise Value
Price To Sales Ratio
Ptb Ratio
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Net Income Per Share
Sales General And Administrative To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Capex To Operating Cash Flow
Pfcf Ratio
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Price Earnings Ratio
Price Book Value Ratio
Price Earnings To Growth Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Operating Cash Flow Sales Ratio
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Price Fair Value
Return On Equity
Investments
Change In Cash
Net Borrowings
Total Cashflows From Investing Activities
Other Cashflows From Financing Activities
Depreciation
Dividends Paid
Capital Expenditures
Total Cash From Operating Activities
Change To Operating Activities
Net Income
Total Cash From Financing Activities
Other Cashflows From Investing Activities
Change To Netincome
Sale Purchase Of Stock
Change In Working Capital
End Period Cash Flow
Stock Based Compensation
Free Cash Flow
Begin Period Cash Flow
Other Non Cash Items
Change To Account Receivables
Total Current Liabilities
Other Liab
Net Tangible Assets
Retained Earnings
Accounts Payable
Other Assets
Common Stock Shares Outstanding
Total Current Assets
Common Stock
Total Assets
Other Current Liab
Total Stockholder Equity
Cash
Long Term Debt
Cash And Short Term Investments
Net Receivables
Short Term Investments
Long Term Debt Total
Liabilities And Stockholders Equity
Inventory
Other Current Assets
Other Stockholder Equity
Total Liab
Cash And Equivalents
Short Term Debt
Property Plant Equipment
Short Long Term Debt Total
Net Debt
Non Current Assets Total
Non Currrent Assets Other
Good Will
Non Current Liabilities Total
Accumulated Other Comprehensive Income
Intangible Assets
Property Plant And Equipment Net
Capital Surpluse
Capital Lease Obligations
Net Invested Capital
Long Term Investments
Ebit
Net Income Applicable To Common Shares
Tax Provision
Interest Income
Selling General Administrative
Total Revenue
Gross Profit
Operating Income
Cost Of Revenue
Income Before Tax
Income Tax Expense
Discontinued Operations
Other Operating Expenses
Extraordinary Items
Net Interest Income
Depreciation And Amortization
Interest Expense
Net Income From Continuing Ops
Ebitda
Total Operating Expenses
Reconciled Depreciation
Total Other Income Expense Net
Probability Of Bankruptcy
The current Long Term Debt is estimated to decrease to about 2.1 B. The current Long Term Debt Total is estimated to decrease to about 952.5 M. At this time, FG Annuities' Stock Based Compensation To Revenue is most likely to increase slightly in the upcoming years. The FG Annuities' current Capex To Depreciation is estimated to increase to 0.04, while PTB Ratio is projected to decrease to 1.25.
At this time, it appears that FG Annuities Life is an unlikely manipulator. The earnings manipulation may begin if FG Annuities' 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 FG Annuities 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 FG Annuities' 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 FG Annuities' 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.
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 FG Annuities' different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards FG Annuities in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find FG Annuities' 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.
Net Tangible Assets
(369.26 Million)
At this time, FG Annuities' Net Tangible Assets are most likely to increase significantly in the upcoming years.
FG Annuities 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 FG Annuities. 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.
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, FG Annuities' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to FG Annuities' managers, analysts, and investors.
Environmental
Governance
Social
About FG Annuities Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze FG Annuities Life's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FG Annuities using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FG Annuities Life 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.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Life & Health Insurance 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 FG Annuities. If investors know FG Annuities 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 FG Annuities 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
0.49
Dividend Share
0.86
Earnings Share
4.88
Revenue Per Share
46.224
Quarterly Revenue Growth
(0.04)
The market value of FG Annuities Life is measured differently than its book value, which is the value of FG Annuities that is recorded on the company's balance sheet. Investors also form their own opinion of FG Annuities' value that differs from its market value or its book value, called intrinsic value, which is FG Annuities' 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 FG Annuities' market value can be influenced by many factors that don't directly affect FG Annuities' 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 FG Annuities' value and its price as these two are different measures arrived at by different means. Investors typically determine if FG Annuities is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FG Annuities' 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.