Joo Fortes Engenharia Stock Beneish M Score

JFEN3 Stock  BRL 3.06  0.19  5.85%   
This module uses fundamental data of Joo Fortes to approximate the value of its Beneish M Score. Joo Fortes 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 Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Joo Fortes Engenharia. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
At this time, Joo Fortes' M Score is inapplicable. The earnings manipulation may begin if Joo Fortes' 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 Joo Fortes 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 Joo Fortes' 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

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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About Joo Fortes Fundamental Analysis

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

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Additional Tools for Joo Stock Analysis

When running Joo Fortes' price analysis, check to measure Joo Fortes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.