Logistic Properties Of Stock Beneish M Score

LPA Stock   9.18  0.09  0.97%   
This module uses fundamental data of Logistic Properties to approximate the value of its Beneish M Score. Logistic Properties 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 Logistic Properties Piotroski F Score and Logistic Properties Altman Z Score analysis.
  
At present, Logistic Properties' Interest Debt Per Share is projected to slightly grow based on the last few years of reporting. The current year's Cash Flow To Debt Ratio is expected to grow to 0.06, whereas Short and Long Term Debt Total is forecasted to decline to about 218.5 M. At present, Logistic Properties' Book Value Per Share is projected to slightly grow based on the last few years of reporting. The current year's Operating Cash Flow Per Share is expected to grow to 0.51, whereas Price To Sales Ratio is forecasted to decline to 14.06.
At this time, Logistic Properties' M Score is unavailable. The earnings manipulation may begin if Logistic Properties' 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 Logistic Properties 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 Logistic Properties' 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.
-2.81
Beneish M Score - Unavailable
Elasticity of Receivables

1.49

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.92

Focus
Gross Margin Strengs

0.87

Focus
Accruals Factor

0.92

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.7

Focus
Financial Leverage Condition

1.04

Focus

Logistic Properties 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 Logistic Properties' 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 Receivables23.3 M22.2 M
Sufficiently Up
Slightly volatile
Total Revenue31.9 M45.4 M
Way Down
Slightly volatile
Total Assets543.3 M679.4 M
Significantly Down
Slightly volatile
Total Current Assets33.6 M40.5 M
Significantly Down
Slightly volatile
Non Current Assets Total503.2 M611.7 M
Significantly Down
Slightly volatile
Selling General Administrative6.3 M9.8 M
Way Down
Slightly volatile
Total Current Liabilities61.4 M39.7 M
Way Up
Slightly volatile
Non Current Liabilities Total224.4 M379.4 M
Way Down
Slightly volatile
Net Debt198.3 M273.2 M
Way Down
Slightly volatile
Short Term Debt18.2 M19.2 M
Notably Down
Slightly volatile
Long Term Debt173.7 M291.1 M
Way Down
Slightly volatile
Operating Income22.2 M35.6 M
Way Down
Slightly volatile
Total Cash From Operating Activities13.7 M19.8 M
Way Down
Slightly volatile
Short Term Investments2.4 M2.7 M
Fairly Down
Slightly volatile
Gross Profit Margin0.680.78
Fairly Down
Slightly volatile

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

About Logistic Properties 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

4.66 Million

At present, Logistic Properties' Other Operating Expenses is projected to decrease significantly based on the last few years of reporting.

Logistic Properties ESG Sustainability

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, Logistic Properties' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Logistic Properties' managers, analysts, and investors.
Environmental
Governance
Social

About Logistic Properties Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Logistic Properties of's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Logistic Properties using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Logistic Properties of 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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When determining whether Logistic Properties offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Logistic Properties' 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 Logistic Properties Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Logistic Properties Of Stock:
Check out Logistic Properties Piotroski F Score and Logistic Properties Altman Z Score analysis.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Other Specialized REITs 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 Logistic Properties. If investors know Logistic 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 Logistic Properties 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
2.174
Earnings Share
(1.10)
Revenue Per Share
0.261
Quarterly Revenue Growth
0.104
Return On Assets
0.0248
The market value of Logistic Properties is measured differently than its book value, which is the value of Logistic that is recorded on the company's balance sheet. Investors also form their own opinion of Logistic Properties' value that differs from its market value or its book value, called intrinsic value, which is Logistic Properties' 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 Logistic Properties' market value can be influenced by many factors that don't directly affect Logistic Properties' 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 Logistic Properties' value and its price as these two are different measures arrived at by different means. Investors typically determine if Logistic Properties is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Logistic Properties' 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.