Reitmans Beneish M Score

RTMAF -  USA Stock  

USD 0.54  0.00  0.00%

This module uses fundamental data of Reitmans Canada to approximate the value of its Beneish M Score. Reitmans Canada 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 Reitmans Canada Piotroski F Score and Reitmans Canada Altman Z Score analysis.

Reitmans Beneish M Score 

 
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At this time, Reitmans Canada's M Score is unavailable. The earnings manipulation may begin if Reitmans Canada'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 Reitmans Canada 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 Reitmans Canada'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.
-4.84
Beneish M Score - Unavailable
Elasticity of Receivables
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Gross Margin Strengs
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Depreciation Resistance
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Net Sales Growth
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About Reitmans Canada 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.

About Reitmans Canada Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Reitmans Canada's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Reitmans Canada using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Reitmans Canada 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.
Reitmans Limited primarily engages in the retail sale of womens wear apparel in Canada. The company was founded in 1926 and is based in Montreal, Canada. Reitmans Canada is traded on OTC Exchange in the United States.

Reitmans Canada Investors Sentiment

The influence of Reitmans Canada's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Reitmans. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - RTMAF

Reitmans Canada Investor Sentiment

Most of Macroaxis users are at this time bullish on Reitmans Canada. What is your perspective on investing in Reitmans Canada? Are you bullish or bearish?
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Additionally, take a look at Reitmans Canada Piotroski F Score and Reitmans Canada Altman Z Score analysis. Note that the Reitmans Canada information on this page should be used as a complementary analysis to other Reitmans Canada'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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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The market value of Reitmans Canada is measured differently than its book value, which is the value of Reitmans that is recorded on the company's balance sheet. Investors also form their own opinion of Reitmans Canada's value that differs from its market value or its book value, called intrinsic value, which is Reitmans Canada'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 Reitmans Canada's market value can be influenced by many factors that don't directly affect Reitmans Canada underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reitmans Canada's value and its price as these two are different measures arrived at by different means. Investors typically determine Reitmans Canada value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reitmans Canada'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.