Ranger Beneish M Score

RNGR
 Stock
  

USD 11.10  0.04  0.36%   

This module uses fundamental data of Ranger Energy to approximate the value of its Beneish M Score. Ranger Energy 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. Additionally, take a look at Ranger Energy Piotroski F Score and Ranger Energy Altman Z Score analysis.
  
As of 12/04/2022, Long Term Debt to Equity is likely to drop to 0.22. In addition to that, Debt to Equity Ratio is likely to drop to 0.36. Ranger Energy Earnings per Basic Share are relatively stable at the moment as compared to the past year. Ranger Energy reported last year Earnings per Basic Share of 0.19. As of 12/04/2022, Earnings per Diluted Share is likely to grow to 0.21, while PPandE Turnover is likely to drop 1.21.
At this time, it appears that Ranger Energy Services is an unlikely manipulator. The earnings manipulation may begin if Ranger Energy'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 Ranger Energy 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 Ranger Energy'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.
-4.13
Beneish M Score - Unlikely Manipulator
Elasticity of ReceivablesN/AFocus
Asset QualityN/AFocus
Expense CoverageN/AFocus
Gross Margin Strengs1.04Focus
Accruals FactorN/AFocus
Depreciation ResistanceN/AFocus
Net Sales Growth1.08Focus
Financial Leverage ConditionN/AFocus

Ranger Energy 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 Ranger Energy'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
Revenues327.1 M303.2 M
Significantly Up
Increasing
Slightly volatile
Operating Income12 M11.2 M
Significantly Up
Increasing
Slightly volatile
Net Cash Flow from Operations50.4 M46.7 M
Significantly Up
Increasing
Slightly volatile
Current Liabilities41.6 M49.6 M
Fairly Down
Increasing
Slightly volatile
Total Liabilities133.7 M162.3 M
Significantly Down
Increasing
Slightly volatile
Gross Margin26.1725.23
Sufficiently Up
Decreasing
Very volatile
Current Assets44.4 M52.8 M
Fairly Down
Increasing
Slightly volatile
Total Assets227.1 M264.1 M
Fairly Down
Increasing
Slightly volatile

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

About Ranger Energy 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.

Earnings Before Interest Taxes and Depreciation Amortization EBITDA

45.15 Million

Ranger Energy Earnings Before Interest Taxes and Depreciation Amortization EBITDA are relatively stable at the moment as compared to the past year. Ranger Energy reported last year Earnings Before Interest Taxes and Depreciation Amortization EBITDA of 41.85 Million

Ranger Energy 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 Ranger Energy. 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.
201720182019202020212022 (projected)
Revenues52.8 M154 M303.1 M336.9 M303.21 M327.15 M
Total Assets135.7 M259.7 M302.5 M293.5 M264.15 M227.06 M
Current Assets22.3 M49.7 M61.1 M58.7 M52.83 M44.39 M
Total Liabilities23.1 M156 M200.6 M180.3 M162.27 M133.72 M
Current Liabilities11.9 M52.9 M58.9 M55.1 M49.59 M41.57 M
Operating Income(4.5 M)(20.6 M)(2.1 M)12.4 M11.16 M12.04 M
Gross Margin25.5717.9221.8421.9425.2326.17

About Ranger Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ranger Energy Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ranger Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ranger Energy Services 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.
Ranger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. Ranger Energy Services, Inc. was incorporated in 2014 and is based in Houston, Texas. Ranger Energy operates under Oil Gas Equipment Services classification in the United States and is traded on New York Stock Exchange. It employs 1915 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Ranger Energy 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.

Did you try this?

Run Money Flow Index Now

   

Money Flow Index

Determine momentum by analyzing Money Flow Index and other technical indicators
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Ranger Energy Piotroski F Score and Ranger Energy Altman Z Score analysis. Note that the Ranger Energy Services information on this page should be used as a complementary analysis to other Ranger Energy's 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 Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Ranger Stock analysis

When running Ranger Energy Services price analysis, check to measure Ranger Energy'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 Ranger Energy is operating at the current time. Most of Ranger Energy's value examination focuses on studying past and present price action to predict the probability of Ranger Energy's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Ranger Energy's price. Additionally, you may evaluate how the addition of Ranger Energy to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Is Ranger Energy'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 Ranger Energy. If investors know Ranger 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 Ranger Energy 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 YOY
(0.17) 
Market Capitalization
276.1 M
Quarterly Revenue Growth YOY
1.17
Return On Assets
(0.008) 
Return On Equity
0.15
The market value of Ranger Energy Services is measured differently than its book value, which is the value of Ranger that is recorded on the company's balance sheet. Investors also form their own opinion of Ranger Energy's value that differs from its market value or its book value, called intrinsic value, which is Ranger Energy'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 Ranger Energy's market value can be influenced by many factors that don't directly affect Ranger Energy'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 Ranger Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Ranger Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ranger Energy'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.