Roma Green Finance Stock Beneish M Score

ROMA Stock   0.65  0.02  2.99%   
This module uses fundamental data of Roma Green to approximate the value of its Beneish M Score. Roma Green 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 Roma Green Piotroski F Score and Roma Green Altman Z Score analysis.
  
The current year's Net Debt is expected to grow to about (36.9 M). In addition to that, Short Term Debt is expected to decline to 0.80. At present, Roma Green's Price To Sales Ratio is projected to drop based on the last few years of reporting. The current year's Book Value Per Share is expected to grow to 5.27, whereas PTB Ratio is forecasted to decline to 1.63.
At this time, Roma Green's M Score is unavailable. The earnings manipulation may begin if Roma Green'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 Roma Green 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 Roma Green'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.
-1.96
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

N/A

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

1.14

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

0.92

Focus

Roma Green 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 Roma Green'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 M14.9 M
Sufficiently Down
Slightly volatile
Total Revenue10.8 M11.4 M
Notably Down
Pretty Stable
Total Assets76.7 M73.1 M
Sufficiently Up
Slightly volatile
Total Current Assets72 M68.6 M
Sufficiently Up
Slightly volatile
Non Current Assets Total4.8 M4.5 M
Sufficiently Up
Slightly volatile
Depreciation And Amortization27.2 K34.8 K
Significantly Down
Slightly volatile
Selling General AdministrativeM6.3 M
Notably Down
Slightly volatile
Total Current Liabilities5.5 M6.3 M
Fairly Down
Slightly volatile
Short Term Debt0.80.9
Fairly Down
Slightly volatile
Short Term Investments45.4 M43.2 M
Sufficiently Up
Slightly volatile
Gross Profit Margin0.410.36
Fairly Up
Slightly volatile

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

About Roma Green 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

27,213.88

At present, Roma Green's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting.

About Roma Green Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Roma Green Finance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Roma Green using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Roma Green Finance 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 Roma Green Finance offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Roma Green'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 Roma Green Finance Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Roma Green Finance Stock:
Check out Roma Green Piotroski F Score and Roma Green Altman Z Score analysis.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.
Is Environmental & Facilities Services 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 Roma Green. If investors know Roma 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 Roma Green listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.26)
Revenue Per Share
1.217
Quarterly Revenue Growth
(0.35)
Return On Assets
(0.11)
Return On Equity
(0.20)
The market value of Roma Green Finance is measured differently than its book value, which is the value of Roma that is recorded on the company's balance sheet. Investors also form their own opinion of Roma Green's value that differs from its market value or its book value, called intrinsic value, which is Roma Green'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 Roma Green's market value can be influenced by many factors that don't directly affect Roma Green'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 Roma Green's value and its price as these two are different measures arrived at by different means. Investors typically determine if Roma Green is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Roma Green'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.