| WBTN Stock | | | 12.28 0.26 2.16% |
This module uses fundamental data of WEBTOON Entertainment to approximate the value of its Beneish M Score. WEBTOON Entertainment 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
WEBTOON Entertainment Piotroski F Score and
WEBTOON Entertainment Altman Z Score analysis.
At this time, WEBTOON Entertainment's
Cash Flow To Debt Ratio is very stable compared to the past year.
At this time, it appears that WEBTOON Entertainment is an unlikely manipulator. The earnings manipulation may begin if WEBTOON Entertainment'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 WEBTOON Entertainment 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 WEBTOON Entertainment'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.
-3.05
Beneish M Score - Unlikely Manipulator
| Elasticity of Receivables | |
| Financial Leverage Condition | |
WEBTOON Entertainment 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 WEBTOON Entertainment'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.
WEBTOON Entertainment 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 WEBTOON Entertainment's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards WEBTOON Entertainment in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find WEBTOON Entertainment's degree of accounting gimmicks and manipulations.
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WEBTOON Entertainment 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, WEBTOON Entertainment's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to WEBTOON Entertainment's managers, analysts, and investors.
About WEBTOON Entertainment Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze WEBTOON Entertainment Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of WEBTOON Entertainment using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of WEBTOON Entertainment Common 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.
Pair Trading with WEBTOON Entertainment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if WEBTOON Entertainment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in WEBTOON Entertainment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to WEBTOON Entertainment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace WEBTOON Entertainment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back WEBTOON Entertainment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling WEBTOON Entertainment Common to buy it.
The correlation of WEBTOON Entertainment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as WEBTOON Entertainment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if WEBTOON Entertainment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for WEBTOON Entertainment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Is Printing and Publishing space 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 WEBTOON Entertainment. If investors know WEBTOON 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 WEBTOON Entertainment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share | Revenue Per Share | Quarterly Revenue Growth |
The market value of WEBTOON Entertainment is measured differently than its book value, which is the value of WEBTOON that is recorded on the company's balance sheet. Investors also form their own opinion of WEBTOON Entertainment's value that differs from its market value or its book value, called intrinsic value, which is WEBTOON Entertainment'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 WEBTOON Entertainment's market value can be influenced by many factors that don't directly affect WEBTOON Entertainment'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 WEBTOON Entertainment's value and its price as these two are different measures arrived at by different means. Investors typically determine
if WEBTOON Entertainment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WEBTOON Entertainment'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.