Amprius Technologies Stock Beneish M Score

AMPX Stock  USD 3.09  0.16  4.92%   
This module uses fundamental data of Amprius Technologies to approximate the value of its Beneish M Score. Amprius Technologies 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 Amprius Technologies Piotroski F Score and Amprius Technologies Altman Z Score analysis.
For more information on how to buy Amprius Stock please use our How to Invest in Amprius Technologies guide.
  
Debt Current is likely to rise to about 512.9 K in 2024, whereas Total Debt is likely to drop slightly above 2.9 M in 2024. At this time, Amprius Technologies' Book Value per Share is fairly stable as compared to the past year. Current Ratio is likely to rise to 13.48 in 2024, whereas EBITDA Margin is likely to drop (3.36) in 2024.
At this time, it appears that Amprius Technologies is an unlikely manipulator. The earnings manipulation may begin if Amprius Technologies' 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 Amprius Technologies 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 Amprius Technologies' 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.
-3.08
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables

0.89

Focus
Asset Quality

N/A

Focus
Expense Coverage

0.88

Focus
Gross Margin Strengs

1.08

Focus
Accruals Factor

0.88

Focus
Depreciation Resistance

1.01

Focus
Net Sales Growth

0.95

Focus
Financial Leverage Condition

0.79

Focus

Amprius Technologies 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 Amprius Technologies' 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
Selling General and Administrative Expense10.2 M12.2 M
Fairly Down
Slightly volatile
Revenues3.8 MM
Notably Down
Slightly volatile
Trade and Non Trade Receivables665.3 K788.9 K
Fairly Down
Slightly volatile
Property Plant and Equipment Net7.4 MM
Significantly Down
Slightly volatile
Liabilities Non CurrentM3.7 M
Significantly Down
Slightly volatile
Current Liabilities7.1 MM
Fairly Down
Slightly volatile
Total Liabilities10.1 M11.7 M
Fairly Down
Slightly volatile
Depreciation Amortization and Accretion2.2 M2.4 M
Moderately Down
Slightly volatile
Debt Non Current2.2 M2.3 M
Slightly Down
Slightly volatile
Debt Current512.9 K468.9 K
Significantly Up
Slightly volatile
Total Debt2.9 M3.5 M
Fairly Down
Slightly volatile
Assets Non Current8.3 M9.2 M
Moderately Down
Slightly volatile
Current Assets93.3 M86.4 M
Significantly Up
Slightly volatile
Total Assets103.2 M95.6 M
Significantly Up
Slightly volatile

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

About Amprius Technologies 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.

Depreciation Amortization and Accretion

2.19 Million

At this time, Amprius Technologies' Depreciation Amortization and Accretion is fairly stable as compared to the past year.

About Amprius Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Amprius Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Amprius Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Amprius Technologies 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.
Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company was incorporated in 2008 and is headquartered in Fremont, California. Amprius Technologies operates under Electrical Equipment Parts classification in the United States and is traded on New York Stock Exchange. It employs 51 people.
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 Amprius Technologies 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, Amprius Technologies' short interest history, or implied volatility extrapolated from Amprius Technologies options trading.

Pair Trading with Amprius Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Amprius Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Amprius Technologies will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to Amprius Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Amprius Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Amprius Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Amprius Technologies to buy it.
The correlation of Amprius Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Amprius Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Amprius Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Amprius Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Amprius Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Amprius Technologies' 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 Amprius Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Amprius Technologies Stock:
Check out Amprius Technologies Piotroski F Score and Amprius Technologies Altman Z Score analysis.
For more information on how to buy Amprius Stock please use our How to Invest in Amprius Technologies guide.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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Is Amprius Technologies' 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 Amprius Technologies. If investors know Amprius 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 Amprius Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.39)
Revenue Per Share
0.069
Quarterly Revenue Growth
2.429
Return On Assets
(0.26)
Return On Equity
(0.47)
The market value of Amprius Technologies is measured differently than its book value, which is the value of Amprius that is recorded on the company's balance sheet. Investors also form their own opinion of Amprius Technologies' value that differs from its market value or its book value, called intrinsic value, which is Amprius Technologies' 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 Amprius Technologies' market value can be influenced by many factors that don't directly affect Amprius Technologies' 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 Amprius Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Amprius Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Amprius Technologies' 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.