Americold Realty Trust Stock Beneish M Score

COLD Stock  USD 24.92  0.15  0.61%   
This module uses fundamental data of Americold Realty to approximate the value of its Beneish M Score. Americold Realty 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 Americold Realty Piotroski F Score and Americold Realty Altman Z Score analysis.
  
At present, Americold Realty's Total Debt To Capitalization is projected to slightly decrease based on the last few years of reporting. The current year's Debt Ratio is expected to grow to 0.67, whereas Net Debt is forecasted to decline to about 2.2 B. At present, Americold Realty's Price To Free Cash Flows Ratio is projected to increase based on the last few years of reporting. The current year's Inventory Turnover is expected to grow to 109.53, whereas Price Earnings Ratio is forecasted to decline to (26.07).
At this time, Americold Realty's M Score is unavailable. The earnings manipulation may begin if Americold Realty'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 Americold Realty 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 Americold Realty'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.
-2.66
Beneish M Score - Unavailable
Elasticity of Receivables

0.86

Focus
Asset Quality

1.07

Focus
Expense Coverage

0.84

Focus
Gross Margin Strengs

1.6

Focus
Accruals Factor

0.84

Focus
Depreciation Resistance

1.06

Focus
Net Sales Growth

0.7

Focus
Financial Leverage Condition

1.26

Focus

Americold Realty 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 Americold Realty'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.
Current ValueLast YearChange From Last Year 10 Year Trend
Net Receivables258.7 M426 M
Way Down
Slightly volatile
Total Revenue1.9 B2.7 B
Way Down
Slightly volatile
Total Assets4.6 B7.9 B
Way Down
Slightly volatile
Total Current Assets423.9 M575.4 M
Way Down
Slightly volatile
Non Current Assets Total4.2 B7.3 B
Way Down
Slightly volatile
Property Plant Equipment3.6 B6.2 B
Way Down
Slightly volatile
Depreciation And Amortization193.6 M353.7 M
Way Down
Slightly volatile
Selling General Administrative134.8 M229.1 M
Way Down
Slightly volatile
Total Current LiabilitiesB956.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.4 B3.3 B
Way Down
Slightly volatile
Net Debt2.2 B3.4 B
Way Down
Slightly volatile
Long Term Debt2.3 B2.6 B
Fairly Down
Slightly volatile
Operating Income125.9 M110 M
Fairly Up
Slightly volatile
Total Cash From Operating Activities201.9 M366.2 M
Way Down
Slightly volatile
Short Term Investments20.4 M14 M
Way Up
Slightly volatile
Long Term Investments35 M38.1 M
Significantly Down
Slightly volatile
Gross Profit Margin0.250.1559
Way Up
Pretty Stable

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

About Americold Realty 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.

Total Assets

4.63 Billion

At present, Americold Realty's Total Assets are projected to increase significantly based on the last few years of reporting.

Americold Realty 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 Americold Realty. 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.
201920202021202220232024 (projected)
Net Receivables214.8M324.2M380.0M430.0M426.0M258.7M
Total Revenue1.8B2.0B2.7B2.9B2.7B1.9B
Total Assets4.2B7.8B8.2B8.1B7.9B4.6B
Total Current Assets455.5M945.3M463.0M483.1M575.4M423.9M
Net Debt1.7B2.6B3.3B3.5B3.4B2.2B
Short Term Debt42.4M363.9M399.3M500.1M64.7M61.5M
Long Term Debt1.7B2.6B2.4B2.6B2.6B2.3B
Operating Income187.1M168.5M128.5M127.6M110.0M125.9M
Investments16.3M(68.0M)(7.0M)(348.5M)(318.9M)(302.9M)

About Americold Realty Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Americold Realty Trust's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Americold Realty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Americold Realty Trust 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.
Americold is the worlds largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses. Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers. Americold Realty operates under REITIndustrial classification in the United States and is traded on New York Stock Exchange. It employs 16275 people.

Pair Trading with Americold Realty

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 Americold Realty 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 Americold Realty will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Americold Realty could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Americold Realty 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 Americold Realty - 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 Americold Realty Trust to buy it.
The correlation of Americold Realty is a statistical measure of how it moves in relation to other instruments. 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 Americold Realty moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Americold Realty Trust 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 Americold Realty 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 Americold Realty Trust is a strong investment it is important to analyze Americold Realty's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Americold Realty's future performance. For an informed investment choice regarding Americold Stock, refer to the following important reports:
Check out Americold Realty Piotroski F Score and Americold Realty Altman Z Score analysis.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Americold Realty's price analysis, check to measure Americold Realty'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 Americold Realty is operating at the current time. Most of Americold Realty's value examination focuses on studying past and present price action to predict the probability of Americold Realty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Americold Realty's price. Additionally, you may evaluate how the addition of Americold Realty to your portfolios can decrease your overall portfolio volatility.
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Is Americold Realty'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 Americold Realty. If investors know Americold 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 Americold Realty 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
(0.67)
Dividend Share
0.88
Earnings Share
(1.18)
Revenue Per Share
9.694
Quarterly Revenue Growth
(0.06)
The market value of Americold Realty Trust is measured differently than its book value, which is the value of Americold that is recorded on the company's balance sheet. Investors also form their own opinion of Americold Realty's value that differs from its market value or its book value, called intrinsic value, which is Americold Realty'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 Americold Realty's market value can be influenced by many factors that don't directly affect Americold Realty'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 Americold Realty's value and its price as these two are different measures arrived at by different means. Investors typically determine if Americold Realty is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Americold Realty'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.