Trip Group Ltd Stock Beneish M Score

TCOM Stock  USD 64.23  0.30  0.46%   
This module uses fundamental data of Trip Group to approximate the value of its Beneish M Score. Trip 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 Trip Group Piotroski F Score and Trip Group Altman Z Score analysis.
  
At this time, Trip Group's Debt Equity Ratio is very stable compared to the past year. As of the 23rd of March 2025, Debt Ratio is likely to grow to 0.21, while Short and Long Term Debt Total is likely to drop about 38.4 B. At this time, Trip Group's PB Ratio is very stable compared to the past year. As of the 23rd of March 2025, Free Cash Flow Per Share is likely to grow to 30.14, while Dividend Yield is likely to drop 0.0008.
At this time, Trip Group's M Score is unavailable. The earnings manipulation may begin if Trip 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 Trip 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 Trip 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.
-2.69
Beneish M Score - Unavailable
Elasticity of Receivables

1.0

Focus
Asset Quality

1.0

Focus
Expense Coverage

1.0

Focus
Gross Margin Strengs

0.93

Focus
Accruals Factor

1.0

Focus
Depreciation Resistance

1.0

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

1.02

Focus

Trip 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 Trip 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 Receivables13.1 B12.5 B
Sufficiently Up
Slightly volatile
Total Revenue56 B53.3 B
Sufficiently Up
Slightly volatile
Total Assets254.7 B242.6 B
Sufficiently Up
Slightly volatile
Total Current Assets117.7 B112.1 B
Sufficiently Up
Slightly volatile
Non Current Assets Total137 B130.5 B
Sufficiently Up
Slightly volatile
Property Plant Equipment7.3 B6.9 B
Sufficiently Up
Slightly volatile
Depreciation And Amortization982.9 M936.1 M
Sufficiently Up
Slightly volatile
Selling General Administrative4.3 B4.1 B
Sufficiently Up
Slightly volatile
Total Current Liabilities77.7 B74 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total13.2 B25.1 B
Way Down
Slightly volatile
Short Term Debt21.6 B19.4 B
Moderately Up
Slightly volatile
Long Term Debt18.2 B22 B
Significantly Down
Slightly volatile
Short Term Investments29.9 B28.5 B
Sufficiently Up
Slightly volatile
Long Term Investments32.5 B56.7 B
Way Down
Slightly volatile
Gross Profit Margin0.870.94
Significantly Down
Slightly volatile

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

About Trip 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.

Total Assets

254.71 Billion

At this time, Trip Group's Total Assets are very stable compared to the past year.

Trip Group Earnings Manipulation Drivers

Although earnings manipulation is typically not the result of intentional misconduct by the c-level executives, it is still a widespread practice by the senior management of public companies such as Trip Group. It is usually done by a series of misrepresentations of various accounting rules and operating activities across multiple financial cycles. The best way to spot the manipulation is to examine the historical financial statement to find inconsistencies in earning reports to find trends in assets or liabilities that are not sustainable in the future.
202020212022202320242025 (projected)
Net Receivables5.6B6.2B7.0B14.1B12.5B13.1B
Total Revenue18.3B20.0B20.0B44.5B53.3B56.0B
Total Assets187.2B191.9B191.7B219.1B242.6B254.7B
Total Current Assets58.0B66.1B61.4B88.7B112.1B117.7B
Net Debt37.6B30.2B27.9B4.0B(11.0B)(10.4B)
Short Term Debt34.1B40.2B11.8B26.0B19.4B21.6B
Long Term Debt22.7B11.1B17.4B19.1B22.0B18.2B
Operating Income(1.1B)(319M)2.9B11.3B14.2B14.9B
Investments(3.8B)(4.1B)1.1B5.9B6.8B7.1B
Gross Profit Margin0.80.790.780.820.940.87

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

About Trip Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Trip Group Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Trip Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Trip Group Ltd 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 Trip Group is a strong investment it is important to analyze Trip 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 Trip Group's future performance. For an informed investment choice regarding Trip Stock, refer to the following important reports:
Check out Trip Group Piotroski F Score and Trip Group Altman Z Score analysis.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Hotels, Resorts & Cruise Lines 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 Trip Group. If investors know Trip 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 Trip Group 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
0.593
Dividend Share
2.19
Earnings Share
3.43
Revenue Per Share
81.485
Quarterly Revenue Growth
0.234
The market value of Trip Group is measured differently than its book value, which is the value of Trip that is recorded on the company's balance sheet. Investors also form their own opinion of Trip Group's value that differs from its market value or its book value, called intrinsic value, which is Trip 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 Trip Group's market value can be influenced by many factors that don't directly affect Trip 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 Trip Group's value and its price as these two are different measures arrived at by different means. Investors typically determine if Trip Group is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Trip 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.