This module uses fundamental data of Southern First to approximate the value of its Beneish M Score. Southern First 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 Southern First Piotroski F Score and Southern First Altman Z Score analysis.
Southern
Beneish M Score
Market Cap
Enterprise Value
Price To Sales Ratio
Dividend Yield
Ptb Ratio
Days Sales Outstanding
Book Value Per Share
Free Cash Flow Yield
Operating Cash Flow Per Share
Average Payables
Stock Based Compensation To Revenue
Capex To Depreciation
Pb Ratio
Ev To Sales
Free Cash Flow Per Share
Roic
Net Income Per Share
Sales General And Administrative To Revenue
Capex To Revenue
Cash Per Share
Pocfratio
Interest Coverage
Payout Ratio
Capex To Operating Cash Flow
Pfcf Ratio
Income Quality
Roe
Ev To Operating Cash Flow
Pe Ratio
Return On Tangible Assets
Ev To Free Cash Flow
Earnings Yield
Intangibles To Total Assets
Net Debt To E B I T D A
Current Ratio
Tangible Book Value Per Share
Receivables Turnover
Graham Number
Shareholders Equity Per Share
Debt To Equity
Capex Per Share
Graham Net Net
Average Receivables
Revenue Per Share
Interest Debt Per Share
Debt To Assets
Enterprise Value Over E B I T D A
Short Term Coverage Ratios
Price Earnings Ratio
Operating Cycle
Price Book Value Ratio
Price Earnings To Growth Ratio
Dividend Payout Ratio
Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio
Pretax Profit Margin
Ebt Per Ebit
Operating Profit Margin
Effective Tax Rate
Company Equity Multiplier
Long Term Debt To Capitalization
Total Debt To Capitalization
Return On Capital Employed
Debt Equity Ratio
Ebit Per Revenue
Quick Ratio
Dividend Paid And Capex Coverage Ratio
Net Income Per E B T
Cash Ratio
Cash Conversion Cycle
Operating Cash Flow Sales Ratio
Days Of Sales Outstanding
Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios
Price To Book Ratio
Fixed Asset Turnover
Capital Expenditure Coverage Ratio
Price Cash Flow Ratio
Enterprise Value Multiple
Debt Ratio
Cash Flow To Debt Ratio
Price Sales Ratio
Return On Assets
Asset Turnover
Net Profit Margin
Price Fair Value
Return On Equity
Sale Purchase Of Stock
Change In Cash
Free Cash Flow
Change In Working Capital
Begin Period Cash Flow
Other Cashflows From Financing Activities
Other Non Cash Items
Capital Expenditures
Total Cash From Operating Activities
Net Income
Total Cash From Financing Activities
End Period Cash Flow
Depreciation
Other Cashflows From Investing Activities
Stock Based Compensation
Dividends Paid
Total Cashflows From Investing Activities
Change To Inventory
Investments
Cash And Cash Equivalents Changes
Cash Flows Other Operating
Change To Netincome
Change To Liabilities
Net Borrowings
Change To Operating Activities
Total Assets
Total Stockholder Equity
Property Plant And Equipment Net
Retained Earnings
Non Current Assets Total
Non Currrent Assets Other
Other Assets
Common Stock Shares Outstanding
Liabilities And Stockholders Equity
Other Stockholder Equity
Property Plant And Equipment Gross
Short Long Term Debt Total
Total Current Liabilities
Other Liab
Net Debt
Accounts Payable
Cash
Cash And Short Term Investments
Net Receivables
Common Stock Total Equity
Short Term Investments
Non Current Liabilities Total
Total Liab
Total Current Assets
Accumulated Other Comprehensive Income
Short Term Debt
Common Stock
Property Plant Equipment
Long Term Debt
Inventory
Preferred Stock Total Equity
Other Current Liab
Net Tangible Assets
Retained Earnings Total Equity
Long Term Debt Total
Capital Surpluse
Long Term Investments
Non Current Liabilities Other
Other Current Assets
Short Long Term Debt
Earning Assets
Net Invested Capital
Capital Stock
Depreciation And Amortization
Interest Expense
Selling General Administrative
Total Revenue
Gross Profit
Other Operating Expenses
Operating Income
Ebit
Ebitda
Cost Of Revenue
Total Operating Expenses
Income Before Tax
Income Tax Expense
Selling And Marketing Expenses
Total Other Income Expense Net
Net Income Applicable To Common Shares
Preferred Stock And Other Adjustments
Net Income From Continuing Ops
Tax Provision
Net Interest Income
Interest Income
Reconciled Depreciation
Probability Of Bankruptcy
At this time, Southern First's Total Debt To Capitalization is comparatively stable compared to the past year. Debt Ratio is likely to gain to 0.12 in 2025, whereas Debt To Equity is likely to drop 0.76 in 2025. At this time, Southern First's Net Debt To EBITDA is comparatively stable compared to the past year. Graham Number is likely to gain to 44.15 in 2025, whereas Book Value Per Share is likely to drop 38.85 in 2025.
At this time, it appears that Southern First Bancshares is an unlikely manipulator. The earnings manipulation may begin if Southern First'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 Southern First 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 Southern First'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.
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 Southern First'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.
Southern First Bancshares 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 Southern First's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Southern First in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Southern First's degree of accounting gimmicks and manipulations.
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.
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, Southern First's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Southern First's managers, analysts, and investors.
Environmental
Governance
Social
About Southern First Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Southern First Bancshares's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Southern First using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Southern First Bancshares 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.
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When running Southern First's price analysis, check to measure Southern First's 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 Southern First is operating at the current time. Most of Southern First's value examination focuses on studying past and present price action to predict the probability of Southern First's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern First's price. Additionally, you may evaluate how the addition of Southern First to your portfolios can decrease your overall portfolio volatility.