Senstar Technologies Stock Beneish M Score

SNT Stock  USD 3.01  0.13  4.14%   
This module uses fundamental data of Senstar Technologies to approximate the value of its Beneish M Score. Senstar Technologies 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 Senstar Technologies Piotroski F Score and Senstar Technologies Altman Z Score analysis.
For more information on how to buy Senstar Stock please use our How to Invest in Senstar Technologies guide.
  
At this time, Senstar Technologies' Long Term Debt Total is comparatively stable compared to the past year. Net Debt To EBITDA is likely to gain to 57.35 in 2024, whereas Short Term Debt is likely to drop slightly above 282.1 K in 2024. At this time, Senstar Technologies' Capex To Operating Cash Flow is comparatively stable compared to the past year. Days Payables Outstanding is likely to gain to 63.78 in 2024, whereas Operating Cash Flow Per Share is likely to drop 0.01 in 2024.
At this time, it appears that Senstar Technologies is a possible manipulator. The earnings manipulation may begin if Senstar Technologies' 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 Senstar Technologies 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 Senstar Technologies' 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.
-1.99
Beneish M Score - Possible Manipulator
Elasticity of Receivables

1.01

Focus
Asset Quality

0.84

Focus
Expense Coverage

0.77

Focus
Gross Margin Strengs

0.64

Focus
Accruals Factor

0.77

Focus
Depreciation Resistance

0.63

Focus
Net Sales Growth

1.77

Focus
Financial Leverage Condition

0.59

Focus

Senstar Technologies 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 Senstar Technologies' 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
Net Receivables20.6 M11.6 M
Way Up
Pretty Stable
Total Revenue58 M32.8 M
Way Up
Pretty Stable
Total Assets80.3 M50.3 M
Way Up
Very volatile
Total Current Assets59.9 M34.3 M
Way Up
Very volatile
Non Current Assets Total20.4 M15.9 M
Significantly Up
Slightly volatile
Property Plant Equipment2.3 M2.4 M
Notably Down
Slightly volatile
Depreciation And Amortization1.8 M917 K
Way Up
Slightly volatile
Selling General Administrative8.4 M6.2 M
Significantly Up
Pretty Stable
Total Current Liabilities9.6 M10.1 M
Notably Down
Pretty Stable
Non Current Liabilities Total5.5 MM
Way Up
Pretty Stable
Short Term Debt282.1 K297 K
Notably Down
Slightly volatile
Long Term Debt317.2 K333.9 K
Notably Down
Slightly volatile
Long Term Investments1.4 M1.2 M
Fairly Up
Slightly volatile
Gross Profit Margin0.370.5748
Way Down
Slightly volatile

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

About Senstar Technologies 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

57.09 Million

At this time, Senstar Technologies' Other Operating Expenses is comparatively stable compared to the past year.

Senstar Technologies 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 Senstar Technologies. 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.
201920202021202220232024 (projected)
Net Receivables32.1M8.0M9.1M11.1M11.6M20.6M
Total Revenue86.8M81.3M34.9M35.6M32.8M58.0M
Total Assets127.0M108.0M59.4M51.9M50.3M80.3M
Total Current Assets96.3M78.0M41.9M35.3M34.3M59.9M
Net Debt(31.1M)(23.7M)(25.2M)(13.9M)(13.9M)(13.2M)
Operating Income3.9M3.4M(788K)54K(1.3M)(1.2M)
Investments(4.8M)17.0M65K(237K)(334K)(350.7K)

Senstar Technologies ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Senstar Technologies' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Senstar Technologies' managers, analysts, and investors.
Environmental
Governance
Social

About Senstar Technologies Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Senstar Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Senstar Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Senstar Technologies 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.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Senstar Stock Analysis

When running Senstar Technologies' price analysis, check to measure Senstar Technologies' 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 Senstar Technologies is operating at the current time. Most of Senstar Technologies' value examination focuses on studying past and present price action to predict the probability of Senstar Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senstar Technologies' price. Additionally, you may evaluate how the addition of Senstar Technologies to your portfolios can decrease your overall portfolio volatility.