This module uses fundamental data of Tompkins Financial to approximate the value of its Beneish M Score. Tompkins Financial 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 Tompkins Financial Piotroski F Score and Tompkins Financial Altman Z Score analysis.
At this time, Tompkins Financial's Net Debt is relatively stable compared to the past year. As of 04/27/2024, Short and Long Term Debt Total is likely to grow to about 685.8 M, while Short and Long Term Debt is likely to drop slightly above 246.4 M. At this time, Tompkins Financial's POCF Ratio is relatively stable compared to the past year. As of 04/27/2024, Payout Ratio is likely to grow to 3.81, while Free Cash Flow Yield is likely to drop 0.06.
At this time, Tompkins Financial's M Score is unavailable. The earnings manipulation may begin if Tompkins Financial'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 Tompkins Financial 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 Tompkins Financial'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 Tompkins Financial'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.
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 Tompkins Financial's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Tompkins Financial in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Tompkins Financial'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.
Other Operating Expenses
299.63 Million
At this time, Tompkins Financial's Other Operating Expenses is relatively stable compared to the past year.
Tompkins Financial 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 Tompkins Financial. 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.
The Macroaxis Fundamental Analysis modules help investors analyze Tompkins Financial's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tompkins Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tompkins Financial 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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Tompkins Financial in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Tompkins Financial's short interest history, or implied volatility extrapolated from Tompkins Financial options trading.
When determining whether Tompkins Financial is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Tompkins Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Tompkins Financial Stock. Highlighted below are key reports to facilitate an investment decision about Tompkins Financial Stock:
To learn how to invest in Tompkins Stock, please use our How to Invest in Tompkins Financial guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
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When running Tompkins Financial's price analysis, check to measure Tompkins Financial'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 Tompkins Financial is operating at the current time. Most of Tompkins Financial's value examination focuses on studying past and present price action to predict the probability of Tompkins Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tompkins Financial's price. Additionally, you may evaluate how the addition of Tompkins Financial to your portfolios can decrease your overall portfolio volatility.
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Is Tompkins Financial's industry 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 Tompkins Financial. If investors know Tompkins 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 Tompkins Financial 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
(0.22)
Dividend Share
2.4
Earnings Share
0.66
Revenue Per Share
15.112
Quarterly Revenue Growth
(0.07)
The market value of Tompkins Financial is measured differently than its book value, which is the value of Tompkins that is recorded on the company's balance sheet. Investors also form their own opinion of Tompkins Financial's value that differs from its market value or its book value, called intrinsic value, which is Tompkins Financial'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 Tompkins Financial's market value can be influenced by many factors that don't directly affect Tompkins Financial'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 Tompkins Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tompkins Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tompkins Financial'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.