Y Mabs Therapeutics Stock Beneish M Score

YMAB Stock  USD 10.01  0.27  2.63%   
This module uses fundamental data of Y MAbs to approximate the value of its Beneish M Score. Y MAbs 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 Y MAbs Piotroski F Score and Y MAbs Altman Z Score analysis.
  
At present, Y MAbs' Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 2.5 M, whereas Net Debt is forecasted to decline to (81.1 M). At present, Y MAbs' Book Value Per Share is projected to increase slightly based on the last few years of reporting. The current year's Inventory Turnover is expected to grow to 2.37, whereas Price To Sales Ratio is forecasted to decline to 3.33.
At this time, it appears that Y mAbs Therapeutics is an unlikely manipulator. The earnings manipulation may begin if Y MAbs' 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 Y MAbs 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 Y MAbs' 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.
-2.95
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.51

Focus
Asset Quality

0.25

Focus
Expense Coverage

0.71

Focus
Gross Margin Strengs

1.13

Focus
Accruals Factor

0.71

Focus
Depreciation Resistance

1.45

Focus
Net Sales Growth

1.05

Focus
Financial Leverage Condition

0.94

Focus

Y MAbs 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 Y MAbs' 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 Receivables12 M22.5 M
Way Down
Slightly volatile
Total Assets150.1 M127.9 M
Fairly Up
Slightly volatile
Total Current Assets142.8 M111.1 M
Significantly Up
Slightly volatile
Property Plant Equipment3.1 M2.7 M
Fairly Up
Slightly volatile
Depreciation And Amortization540.3 K735 K
Way Down
Slightly volatile
Selling General Administrative33.2 M44.5 M
Way Down
Slightly volatile
Total Current Liabilities17.8 M20.1 M
Fairly Down
Slightly volatile
Non Current Liabilities Total4.5 M6.8 M
Way Down
Slightly volatile
Short Term Debt2.5 M1.8 M
Significantly Up
Slightly volatile
Short Term Investments33 K36.8 K
Moderately Down
Slightly volatile
Gross Profit Margin0.980.8654
Moderately Up
Slightly volatile

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

About Y MAbs 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.

Reconciled Depreciation

473,943

At present, Y MAbs' Reconciled Depreciation is projected to increase significantly based on the last few years of reporting.

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

About Y MAbs Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Y mAbs Therapeutics's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Y MAbs using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Y mAbs Therapeutics 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 Y mAbs Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Y MAbs' 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 Y Mabs Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Y Mabs Therapeutics Stock:
Check out Y MAbs Piotroski F Score and Y MAbs Altman Z Score analysis.
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Is Biotechnology 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 Y MAbs. If investors know YMAB 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 Y MAbs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.54)
Revenue Per Share
1.921
Quarterly Revenue Growth
(0.1)
Return On Assets
(0.12)
Return On Equity
(0.25)
The market value of Y mAbs Therapeutics is measured differently than its book value, which is the value of YMAB that is recorded on the company's balance sheet. Investors also form their own opinion of Y MAbs' value that differs from its market value or its book value, called intrinsic value, which is Y MAbs' 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 Y MAbs' market value can be influenced by many factors that don't directly affect Y MAbs' 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 Y MAbs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Y MAbs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Y MAbs' 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.