Full Truck Alliance Stock Beneish M Score
| YMM Stock | USD 8.33 0.17 2.08% |
Full | Beneish M Score |
At this time, Full Truck's M Score is unavailable. The earnings manipulation may begin if Full Truck'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 Full Truck 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 Full Truck'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.
-3.62
Beneish M Score - Unavailable
Full Truck 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 Full Truck'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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Receivables | 3 B | 5.2 B |
|
| |||||
| Total Revenue | 5.5 B | 8.4 B |
|
| |||||
| Total Assets | 33.6 B | 39.3 B |
|
| |||||
| Total Current Assets | 25.8 B | 24 B |
|
| |||||
| Non Current Assets Total | 7.8 B | 15.4 B |
|
| |||||
| Property Plant Equipment | 290.8 M | 276.9 M |
|
| |||||
| Depreciation And Amortization | 71 M | 74.7 M |
|
| |||||
| Selling General Administrative | 890.8 M | 937.7 M |
|
| |||||
| Total Current Liabilities | 2.9 B | 3.3 B |
|
| |||||
| Non Current Liabilities Total | 157 M | 178.2 M |
|
| |||||
| Short Term Investments | 15.2 B | 11.5 B |
|
| |||||
| Long Term Investments | 11.6 B | 11.1 B |
|
| |||||
| Gross Profit Margin | 0.38 | 0.5117 |
|
|
Full Truck Alliance 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 Full Truck's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Full Truck in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Full Truck's degree of accounting gimmicks and manipulations.
Click cells to compare fundamentals
About Full Truck 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.
Other Operating Expenses |
|
About Full Truck Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Full Truck Alliance's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Full Truck using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Full Truck Alliance 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.
Full Truck Investors Sentiment
The influence of Full Truck'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 Full. 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 market does not have solid backing from leading economists and market statisticians.
Investor biases related to Full Truck's public news can be used to forecast risks associated with an investment in Full. The trend in average sentiment can be used to explain how an investor holding Full can time the market purely based on public headlines and social activities around Full Truck Alliance. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Full Truck's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Full Truck's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Full Truck's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Full Truck.
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 Full Truck 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, Full Truck's short interest history, or implied volatility extrapolated from Full Truck options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Full Truck Alliance is a strong investment it is important to analyze Full Truck'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 Full Truck's future performance. For an informed investment choice regarding Full Stock, refer to the following important reports:Check out Full Truck Piotroski F Score and Full Truck Altman Z Score analysis. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Full Stock analysis
When running Full Truck's price analysis, check to measure Full Truck'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 Full Truck is operating at the current time. Most of Full Truck's value examination focuses on studying past and present price action to predict the probability of Full Truck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Full Truck's price. Additionally, you may evaluate how the addition of Full Truck to your portfolios can decrease your overall portfolio volatility.
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities |
Is Full Truck'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 Full Truck. If investors know Full 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 Full Truck 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 1.187 | Earnings Share 0.28 | Revenue Per Share 7.992 | Quarterly Revenue Growth 0.253 | Return On Assets 0.0176 |
The market value of Full Truck Alliance is measured differently than its book value, which is the value of Full that is recorded on the company's balance sheet. Investors also form their own opinion of Full Truck's value that differs from its market value or its book value, called intrinsic value, which is Full Truck'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 Full Truck's market value can be influenced by many factors that don't directly affect Full Truck'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 Full Truck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Full Truck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Full Truck'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.