Him International Music Stock Beneish M Score

8446 Stock  TWD 100.00  1.50  1.48%   
This module uses fundamental data of HIM International to approximate the value of its Beneish M Score. HIM International 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 Trending Equities to better understand how to build diversified portfolios, which includes a position in HIM International Music. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
  
At this time, HIM International's M Score is inapplicable. The earnings manipulation may begin if HIM International'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 HIM International 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 HIM International'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.
-4.84
Beneish M Score - Inapplicable
Elasticity of Receivables

N/A

Focus
Asset Quality

N/A

Focus
Expense Coverage

N/A

Focus
Gross Margin Strengs

N/A

Focus
Accruals Factor

N/A

Focus
Depreciation Resistance

N/A

Focus
Net Sales Growth

N/A

Focus
Financial Leverage Condition

N/A

Focus

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About HIM International Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze HIM International Music's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HIM International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HIM International Music 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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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in HIM International Music. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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When running HIM International's price analysis, check to measure HIM International'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 HIM International is operating at the current time. Most of HIM International's value examination focuses on studying past and present price action to predict the probability of HIM International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move HIM International's price. Additionally, you may evaluate how the addition of HIM International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between HIM International's value and its price as these two are different measures arrived at by different means. Investors typically determine if HIM International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HIM International'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.