Ohmyhome Limited Ordinary Stock Beneish M Score

OMH Stock   0.38  0  1.05%   
This module uses fundamental data of Ohmyhome Limited to approximate the value of its Beneish M Score. Ohmyhome Limited 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 Ohmyhome Limited Piotroski F Score and Ohmyhome Limited Altman Z Score analysis.
  
As of now, Ohmyhome Limited's Debt To Equity is increasing as compared to previous years. The Ohmyhome Limited's current Interest Debt Per Share is estimated to increase to 0.13, while Long Term Debt is projected to decrease to under 193.4 K. As of now, Ohmyhome Limited's Capex To Depreciation is increasing as compared to previous years. The Ohmyhome Limited's current PB Ratio is estimated to increase to 7.65, while Price To Sales Ratio is projected to decrease to 7.87.
At this time, it appears that Ohmyhome Limited Ordinary is an unlikely manipulator. The earnings manipulation may begin if Ohmyhome Limited'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 Ohmyhome Limited 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 Ohmyhome Limited'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.
-2.44
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

1.11

Focus
Asset Quality

0.98

Focus
Expense Coverage

0.53

Focus
Gross Margin Strengs

1.13

Focus
Accruals Factor

0.53

Focus
Depreciation Resistance

1.04

Focus
Net Sales Growth

0.94

Focus
Financial Leverage Condition

0.95

Focus

Ohmyhome Limited 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 Ohmyhome Limited'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 Receivables701.4 K668 K
Sufficiently Up
Slightly volatile
Total Revenue5.4 M5.8 M
Notably Down
Slightly volatile
Total Assets12.4 M11.8 M
Sufficiently Up
Slightly volatile
Total Current Assets870 K893.8 K
Fairly Down
Slightly volatile
Non Current Assets Total11.2 M10.7 M
Sufficiently Up
Slightly volatile
Property Plant Equipment116.6 K146.9 K
Significantly Down
Slightly volatile
Depreciation And Amortization378.9 K558.5 K
Way Down
Slightly volatile
Selling General Administrative2.8 M5.7 M
Way Down
Slightly volatile
Total Current Liabilities2.3 M3.1 M
Way Down
Slightly volatile
Non Current Liabilities Total4.3 M4.1 M
Sufficiently Up
Slightly volatile
Short Term Debt1.4 M775.7 K
Way Up
Pretty Stable
Long Term Debt193.4 K203.6 K
Notably Down
Slightly volatile
Gross Profit Margin0.450.4
Moderately Up
Very volatile

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

About Ohmyhome Limited 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

8.8 Million

As of now, Ohmyhome Limited's Other Operating Expenses is increasing as compared to previous years.

About Ohmyhome Limited Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ohmyhome Limited Ordinary's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ohmyhome Limited using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ohmyhome Limited Ordinary 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 Ohmyhome Limited Ordinary offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ohmyhome Limited's 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 Ohmyhome Limited Ordinary Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ohmyhome Limited Ordinary Stock:
Check out Ohmyhome Limited Piotroski F Score and Ohmyhome Limited Altman Z Score analysis.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Real Estate Management & Development 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 Ohmyhome Limited. If investors know Ohmyhome 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 Ohmyhome Limited listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.21)
Revenue Per Share
0.379
Quarterly Revenue Growth
1.063
Return On Assets
(0.36)
Return On Equity
(0.82)
The market value of Ohmyhome Limited Ordinary is measured differently than its book value, which is the value of Ohmyhome that is recorded on the company's balance sheet. Investors also form their own opinion of Ohmyhome Limited's value that differs from its market value or its book value, called intrinsic value, which is Ohmyhome Limited'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 Ohmyhome Limited's market value can be influenced by many factors that don't directly affect Ohmyhome Limited'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 Ohmyhome Limited's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ohmyhome Limited is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ohmyhome Limited'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.