Woodside Beneish M Score

WDS Stock  USD 22.92  0.85  3.58%   
This module uses fundamental data of Woodside Energy to approximate the value of its Beneish M Score. Woodside 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. Check out Woodside Energy Piotroski F Score and Woodside Energy Altman Z Score analysis.
  
Woodside Energy Total Debt is comparatively stable at the moment as compared to the past year. Woodside Energy reported Total Debt of 7.49 Billion in 2022. Debt Current is likely to gain to about 1.3 B in 2023, whereas Debt Non Current is likely to drop slightly above 6 B in 2023.
At this time, Woodside Energy's M Score is inconclusive. The earnings manipulation may begin if Woodside 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 Woodside 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 Woodside 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.
-2.22
Beneish M Score - Inconclusive
Elasticity of Receivables1.12Focus
Asset Quality0.93Focus
Expense CoverageN/AFocus
Gross Margin Strengs0.92Focus
Accruals FactorN/AFocus
Depreciation Resistance1.01Focus
Net Sales Growth0.84Focus
Financial Leverage Condition1.07Focus

Woodside 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 Woodside 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
Revenues14.1 B16.8 B
Fairly Down
Slightly volatile
Trade and Non Trade Receivables2.3 B2.4 B
Notably Down
Slightly volatile
Property Plant and Equipment Net40.1 B42 B
Sufficiently Down
Slightly volatile
Operating Income9.9 B9.2 B
Significantly Up
Slightly volatile
Net Cash Flow from Operations7.4 B8.8 B
Fairly Down
Slightly volatile
Liabilities Non Current15.5 B15.6 B
Slightly Down
Slightly volatile
Current Liabilities6.1 B6.6 B
Significantly Down
Slightly volatile
Total Liabilities21.7 B22.2 B
Fairly Down
Slightly volatile
Investments Non Current345.6 M385 M
Moderately Down
Slightly volatile
Investments Current644.9 M677 M
Sufficiently Down
Slightly volatile
Investments990.6 M1.1 B
Significantly Down
Slightly volatile
Gross Margin0.560.611
Significantly Down
Slightly volatile
Depreciation Amortization and Accretion2.8 B2.9 B
Notably Down
Slightly volatile
Debt Non CurrentB6.3 B
Sufficiently Down
Slightly volatile
Debt Current1.3 B1.2 B
Fairly Up
Slightly volatile
Total Debt8.2 B7.5 B
Significantly Up
Slightly volatile
Assets Non Current47.2 B50 B
Notably Down
Slightly volatile
Current Assets8.8 B9.3 B
Notably Down
Slightly volatile
Total Assets56.1 B59.3 B
Notably Down
Slightly volatile

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

About Woodside 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.

Operating Expenses

1.49 Billion

Woodside Energy Operating Expenses is comparatively stable at the moment as compared to the past year. Woodside Energy reported Operating Expenses of 1.09 Billion in 2022

About Woodside Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Woodside Energy Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Woodside Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Woodside Energy Group 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.
Woodside Energy Group Ltd engages in the exploration, evaluation, development, production, marketing, and sale of hydrocarbons in Oceania, Asia, Canada, Africa, and internationally. Woodside Energy Group Ltd was founded in 1954 and is headquartered in Perth, Australia. Woodside Energy operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 3684 people.
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 Woodside Energy 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, Woodside Energy's short interest history, or implied volatility extrapolated from Woodside Energy options trading.

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Check out Woodside Energy Piotroski F Score and Woodside Energy Altman Z Score analysis. Note that the Woodside Energy Group information on this page should be used as a complementary analysis to other Woodside 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 the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running Woodside Energy's price analysis, check to measure Woodside 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 Woodside Energy is operating at the current time. Most of Woodside Energy's value examination focuses on studying past and present price action to predict the probability of Woodside Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Woodside Energy's price. Additionally, you may evaluate how the addition of Woodside Energy to your portfolios can decrease your overall portfolio volatility.
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Is Woodside 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 Woodside Energy. If investors know Woodside 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 Woodside 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
(0.37)
Dividend Share
2.24
Earnings Share
3.73
Revenue Per Share
9.708
Quarterly Revenue Growth
0.274
The market value of Woodside Energy Group is measured differently than its book value, which is the value of Woodside that is recorded on the company's balance sheet. Investors also form their own opinion of Woodside Energy's value that differs from its market value or its book value, called intrinsic value, which is Woodside 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 Woodside Energy's market value can be influenced by many factors that don't directly affect Woodside 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 Woodside Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Woodside Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Woodside 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.