Highpeak Energy Stock Beneish M Score
| HPKEW Stock | USD 5.82 0.34 6.20% |
HighPeak | Beneish M Score |
At this time, it appears that HighPeak Energy is an unlikely manipulator. The earnings manipulation may begin if HighPeak 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 HighPeak 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 HighPeak 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.
-4.23
Beneish M Score - Unlikely Manipulator
HighPeak 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 HighPeak 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 Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Receivables | 54.9 M | 94.6 M |
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| Total Revenue | 1.2 B | 1.1 B |
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| Total Assets | 1.6 B | 3.1 B |
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| Total Current Assets | 345.3 M | 328.8 M |
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| Non Current Assets Total | 1.4 B | 2.8 B |
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| Property Plant Equipment | 3.1 M | 3.2 M |
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| Depreciation And Amortization | 446.2 M | 424.9 M |
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| Selling General Administrative | 25 M | 42.6 M |
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| Total Current Liabilities | 156.2 M | 287.4 M |
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| Non Current Liabilities Total | 1.4 B | 1.3 B |
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| Short Term Debt | 126.6 M | 120.5 M |
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| Long Term Debt | 671.9 M | 1 B |
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HighPeak Energy 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 HighPeak Energy's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards HighPeak Energy in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find HighPeak Energy's degree of accounting gimmicks and manipulations.
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About HighPeak 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.
Depreciation And Amortization |
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HighPeak Energy 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 HighPeak Energy. 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.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Operating Income | (11.6M) | (29.2M) | 101.8M | 422.6M | 434.7M | 456.5M |
HighPeak Energy 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, HighPeak Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to HighPeak Energy's managers, analysts, and investors.Environmental | Governance | Social |
About HighPeak Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze HighPeak Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of HighPeak Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of HighPeak Energy 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.
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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 HighPeak Energy is a strong investment it is important to analyze HighPeak Energy'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 HighPeak Energy's future performance. For an informed investment choice regarding HighPeak Stock, refer to the following important reports:Check out HighPeak Energy Piotroski F Score and HighPeak Energy Altman Z Score analysis. For more information on how to buy HighPeak Stock please use our How to Invest in HighPeak Energy guide.Note that the HighPeak Energy information on this page should be used as a complementary analysis to other HighPeak 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 Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running HighPeak Energy's price analysis, check to measure HighPeak 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 HighPeak Energy is operating at the current time. Most of HighPeak Energy's value examination focuses on studying past and present price action to predict the probability of HighPeak 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 HighPeak Energy's price. Additionally, you may evaluate how the addition of HighPeak Energy to your portfolios can decrease your overall portfolio volatility.
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Is HighPeak 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 HighPeak Energy. If investors know HighPeak 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 HighPeak 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 (0.88) | Revenue Per Share 9.664 | Quarterly Revenue Growth 0.286 | Return On Assets 0.0992 | Return On Equity 0.1243 |
The market value of HighPeak Energy is measured differently than its book value, which is the value of HighPeak that is recorded on the company's balance sheet. Investors also form their own opinion of HighPeak Energy's value that differs from its market value or its book value, called intrinsic value, which is HighPeak 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 HighPeak Energy's market value can be influenced by many factors that don't directly affect HighPeak 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 HighPeak Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if HighPeak Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, HighPeak 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.