Schnitzer Steel Industries Stock Beneish M Score

SCHNDelisted Stock  USD 33.20  0.34  1.01%   
This module uses fundamental data of SCHNITZER STEEL to approximate the value of its Beneish M Score. SCHNITZER STEEL 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 World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
  
At this time, SCHNITZER STEEL's M Score is unavailable. The earnings manipulation may begin if SCHNITZER STEEL'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 SCHNITZER STEEL 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 SCHNITZER STEEL'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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Asset Quality

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Expense Coverage

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Gross Margin Strengs

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Accruals Factor

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Depreciation Resistance

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Net Sales Growth

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Financial Leverage Condition

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About SCHNITZER STEEL Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze SCHNITZER STEEL INDUSTRIES's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of SCHNITZER STEEL using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of SCHNITZER STEEL INDUSTRIES 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.
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 SCHNITZER STEEL 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, SCHNITZER STEEL's short interest history, or implied volatility extrapolated from SCHNITZER STEEL options trading.

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Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Note that the SCHNITZER STEEL INDU information on this page should be used as a complementary analysis to other SCHNITZER STEEL'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 the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Other Consideration for investing in SCHNITZER Stock

If you are still planning to invest in SCHNITZER STEEL INDU check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SCHNITZER STEEL's history and understand the potential risks before investing.
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