BBQ Holdings Beneish M Score

BBQ Stock  USD 17.24  0.00  0.00%   
This module uses fundamental data of BBQ Holdings to approximate the value of its Beneish M Score. BBQ Holdings 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. Continue to BBQ Holdings Piotroski F Score and BBQ Holdings Altman Z Score analysis.
  
BBQ Holdings Total Debt is relatively stable at the moment as compared to the past year. BBQ Holdings reported last year Total Debt of 10.44 Million. As of 02/06/2023, Debt Current is likely to grow to about 1.3 M, while Debt to Equity Ratio is likely to drop 0.79. BBQ Holdings Revenue to Assets are relatively stable at the moment as compared to the past year. BBQ Holdings reported last year Revenue to Assets of 2.01. As of 02/06/2023, Total Assets Per Share is likely to grow to 7.71, while Accrued Expenses Turnover is likely to drop 37.38.
At this time, it appears that BBQ Holdings is an unlikely manipulator. The earnings manipulation may begin if BBQ Holdings' 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 BBQ Holdings 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 BBQ Holdings' 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.
-2.92
Beneish M Score - Unlikely Manipulator
Elasticity of Receivables0.81Focus
Asset Quality1.51Focus
Expense Coverage0.67Focus
Gross Margin Strengs0.92Focus
Accruals Factor0.67Focus
Depreciation Resistance1.0Focus
Net Sales Growth1.46Focus
Financial Leverage Condition0.88Focus

BBQ Holdings 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 BBQ Holdings' 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 Expense14.4 M14.6 M
Fairly Down
Down
Pretty Stable
Revenues108.3 M74.3 M
Way Up
Down
Slightly volatile
Trade and Non Trade Receivables4.5 M3.8 M
Fairly Up
Up
Pretty Stable
Property Plant and Equipment Net11.7 M11.4 M
Fairly Up
Up
Pretty Stable
Operating Income(7.9 M)(7.7 M)
Fairly Down
Down
Slightly volatile
Net Cash Flow from Operations3.8 M3.7 M
Fairly Up
Down
Pretty Stable
Liabilities Non Current13.4 M13.1 M
Fairly Up
Up
Slightly volatile
Current Liabilities13.6 M11.9 M
Fairly Up
Up
Very volatile
Total Liabilities35 M26.9 M
Significantly Up
Down
Slightly volatile
Investments Current53.7 K54 K
Slightly Down
Down
Slightly volatile
Investments53.7 K54 K
Slightly Down
Down
Slightly volatile
Gross Margin22.3624.39
Significantly Down
Up
Slightly volatile
Depreciation Amortization and Accretion2.9 M2.8 M
Fairly Up
Up
Slightly volatile
Debt Non Current9.4 M9.1 M
Fairly Up
Up
Slightly volatile
Debt Current1.3 M1.3 M
Fairly Up
Up
Slightly volatile
Total Debt10.7 M10.4 M
Fairly Up
Up
Slightly volatile
Assets Non Current20.7 M20.1 M
Fairly Up
Up
Pretty Stable
Current Assets14 M15.1 M
Significantly Down
Up
Slightly volatile
Total Assets58.9 M42.4 M
Significantly Up
Down
Slightly volatile

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

About BBQ Holdings 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.

Operating Expenses

22.24 Million

BBQ Holdings Operating Expenses is relatively stable at the moment as compared to the past year. BBQ Holdings reported last year Operating Expenses of 24.3 Million

About BBQ Holdings Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze BBQ Holdings's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BBQ Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BBQ Holdings 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.
BBQ Holdings, Inc. develops, owns, operates, and franchises casual and fast dining restaurants under the Famous Daves, Village Inn, Clark Crew BBQ, Granite City, Tahoe Joes Steakhouse, Bakers Square, and Real Urban Barbecue names in the United States, Canada, and the United Arab Emirates. BBQ Holdings, Inc. was incorporated in 1994 and is based in Minnetonka, Minnesota. BBQ Holdings operates under Restaurants classification in the United States and is traded on NMS Exchange. It employs 7 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BBQ Holdings without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with BBQ Holdings

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 BBQ Holdings 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 BBQ Holdings will appreciate offsetting losses from the drop in the long position's value.
The ability to find closely correlated positions to BBQ Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BBQ Holdings 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 BBQ Holdings - 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 BBQ Holdings to buy it.
The correlation of BBQ Holdings 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 BBQ Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BBQ Holdings 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 BBQ Holdings 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
Continue to BBQ Holdings Piotroski F Score and BBQ Holdings Altman Z Score analysis. Note that the BBQ Holdings information on this page should be used as a complementary analysis to other BBQ Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running BBQ Holdings price analysis, check to measure BBQ Holdings' 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 BBQ Holdings is operating at the current time. Most of BBQ Holdings' value examination focuses on studying past and present price action to predict the probability of BBQ Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BBQ Holdings' price. Additionally, you may evaluate how the addition of BBQ Holdings to your portfolios can decrease your overall portfolio volatility.
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Is BBQ Holdings' 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 BBQ Holdings. If investors know BBQ Holdings 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 BBQ Holdings 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
(0.76) 
Market Capitalization
185.5 M
Quarterly Revenue Growth
0.756
Return On Assets
0.0305
Return On Equity
0.1872
The market value of BBQ Holdings is measured differently than its book value, which is the value of BBQ Holdings that is recorded on the company's balance sheet. Investors also form their own opinion of BBQ Holdings' value that differs from its market value or its book value, called intrinsic value, which is BBQ Holdings' 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 BBQ Holdings' market value can be influenced by many factors that don't directly affect BBQ Holdings' 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 BBQ Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine BBQ Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BBQ Holdings' 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.