Nip Group American Stock Beneish M Score

NIPG Stock   2.67  0.60  28.99%   
This module uses fundamental data of NIP Group to approximate the value of its Beneish M Score. NIP Group 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 NIP Group Piotroski F Score and NIP Group Altman Z Score analysis.
  
At this time, NIP Group's Long Term Debt To Capitalization is most likely to slightly decrease in the upcoming years. The NIP Group's current Total Debt To Capitalization is estimated to increase to 0.08, while Short Term Debt is projected to decrease to roughly 4.5 M. At this time, NIP Group's Stock Based Compensation To Revenue is most likely to slightly decrease in the upcoming years. The NIP Group's current Inventory Turnover is estimated to increase to 436.61, while PTB Ratio is projected to decrease to 1.11.
At this time, NIP Group's M Score is unavailable. The earnings manipulation may begin if NIP Group'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 NIP Group 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 NIP Group'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.
-3.55
Beneish M Score - Unavailable
Elasticity of Receivables

1.2

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.96

Focus
Gross Margin Strengs

0.81

Focus
Accruals Factor

1.96

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.53

Focus
Financial Leverage Condition

0.8

Focus

NIP Group 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 NIP Group'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 Receivables14.2 M22 M
Way Down
Slightly volatile
Total Revenue51.4 M96.2 M
Way Down
Slightly volatile
Total Assets379 M360.9 M
Sufficiently Up
Slightly volatile
Total Current Assets26.8 M33.8 M
Significantly Down
Slightly volatile
Non Current Assets Total343.5 M327.2 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization4.3 M7.5 M
Way Down
Slightly volatile
Selling General Administrative18.4 M17.6 M
Sufficiently Up
Slightly volatile
Total Current Liabilities26.7 M33.1 M
Significantly Down
Slightly volatile
Non Current Liabilities Total24.2 M37.2 M
Way Down
Slightly volatile
Short Term Debt4.5 M7.2 M
Way Down
Slightly volatile
Long Term DebtM3.3 M
Fairly Down
Slightly volatile
Short Term Investments485.1 K610.8 K
Significantly Down
Slightly volatile

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

About NIP Group 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.

Depreciation And Amortization

4.35 Million

At this time, NIP Group's Depreciation And Amortization is most likely to increase significantly in the upcoming years.

About NIP Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze NIP Group American's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of NIP Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of NIP Group American 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 NIP Group American is a strong investment it is important to analyze NIP Group'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 NIP Group's future performance. For an informed investment choice regarding NIP Stock, refer to the following important reports:
Check out NIP Group Piotroski F Score and NIP Group 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 Hotels, Restaurants & Leisure 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 NIP Group. If investors know NIP 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 NIP Group listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.32)
Revenue Per Share
4.256
Quarterly Revenue Growth
0.02
Return On Assets
(0.02)
Return On Equity
(0.03)
The market value of NIP Group American is measured differently than its book value, which is the value of NIP that is recorded on the company's balance sheet. Investors also form their own opinion of NIP Group's value that differs from its market value or its book value, called intrinsic value, which is NIP Group'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 NIP Group's market value can be influenced by many factors that don't directly affect NIP Group'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 NIP Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if NIP Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NIP Group'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.