Fortune Minerals Limited Stock Beneish M Score

Stocks . Germany . 
Stock . Fortune Minerals Limited
FMP Stock  EUR 0.02  0.03  59.78%   
This module uses fundamental data of Fortune Minerals to approximate the value of its Beneish M Score. Fortune Minerals 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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortune Minerals Limited. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, Fortune Minerals' M Score is inapplicable. The earnings manipulation may begin if Fortune Minerals' 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 Fortune Minerals 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 Fortune Minerals' 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.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

Did you try this?

Run Sync Your Broker Now

   

Sync Your Broker

Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
All  Next Launch Module

About Fortune Minerals Fundamental Analysis

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

MSFTMicrosoft
VVisa Class A
CCitigroup
DDDupont De Nemours
GMGeneral Motors

Other Information on Investing in Fortune Stock

Fortune Minerals financial ratios help investors to determine whether Fortune Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fortune with respect to the benefits of owning Fortune Minerals security.


 
Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions
 
Feedback Blog
Made with optimal in San Francisco
2024 Macroaxis LLC
COMMON DESTINATIONS
MAIN CATEGORIES
COMPANY