Grupo Supervielle Sa Stock Beneish M Score
| SUPV Stock | USD 7.24 0.25 3.34% |
Grupo | Beneish M Score |
At this time, it appears that Grupo Supervielle is an unlikely manipulator. The earnings manipulation may begin if Grupo Supervielle'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 Grupo Supervielle 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 Grupo Supervielle'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.
-3.1
Beneish M Score - Unlikely Manipulator
Grupo Supervielle 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 Grupo Supervielle'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 | 95.3 B | 90.8 B |
|
| |||||
| Total Revenue | 458.4 B | 436.6 B |
|
| |||||
| Total Assets | 2.2 T | 2.1 T |
|
| |||||
| Total Current Assets | 153.8 B | 146.5 B |
|
| |||||
| Non Current Assets Total | 2 T | 1.9 T |
|
| |||||
| Property Plant Equipment | 22.2 B | 21.1 B |
|
| |||||
| Selling General Administrative | 62.2 B | 59.2 B |
|
| |||||
| Total Current Liabilities | 54.5 B | 51.9 B |
|
| |||||
| Non Current Liabilities Total | 1.8 T | 1.7 T |
|
| |||||
| Long Term Debt | 613.3 M | 645.6 M |
|
| |||||
| Short Term Investments | 27 B | 25.7 B |
|
| |||||
| Long Term Investments | 361.7 B | 344.5 B |
|
|
Grupo Supervielle 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 Grupo Supervielle's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Grupo Supervielle in a much-optimized way. Analyzing correlations between earnings drivers directly associated with dollar figures is the most effective way to find Grupo Supervielle's degree of accounting gimmicks and manipulations.
Click cells to compare fundamentals
About Grupo Supervielle 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.
Total Assets |
|
Grupo Supervielle 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 Grupo Supervielle. 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) | ||
| Net Receivables | 24.1B | 36.8B | 109.8B | 51.0B | 90.8B | 95.3B | |
| Total Revenue | 57.4B | 62.9B | 107.5B | 345.9B | 436.6B | 458.4B | |
| Total Assets | 202.4B | 376.2B | 760.5B | 2.2T | 2.1T | 2.2T | |
| Total Current Assets | 15.0B | 28.6B | 51.2B | 84.1B | 146.5B | 153.8B | |
| Net Debt | (11.0B) | (26.4B) | (49.1B) | (79.4B) | (145.1B) | (137.8B) | |
| Short Term Debt | 15.1B | 5.8B | 40.8M | 6.0B | 940.2M | 893.2M | |
| Long Term Debt | 8.2B | 5.4B | 1.1B | 561.4M | 645.6M | 613.3M | |
| Operating Income | (4.1B) | 6.3B | (3.6B) | (20.5B) | 77.6B | 81.4B | |
| Investments | (1.3B) | (4.4B) | (4.8B) | (7.6B) | (5.5B) | (5.2B) |
Grupo Supervielle 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, Grupo Supervielle's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Grupo Supervielle's managers, analysts, and investors.Environmental | Governance | Social |
About Grupo Supervielle Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Grupo Supervielle SA's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Grupo Supervielle using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Grupo Supervielle SA 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.
Pair Trading with Grupo Supervielle
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 Grupo Supervielle 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 Grupo Supervielle will appreciate offsetting losses from the drop in the long position's value.Moving together with Grupo Stock
| 0.81 | AX | Axos Financial Fiscal Year End 25th of July 2024 | PairCorr |
| 0.82 | BY | Byline Bancorp Financial Report 25th of July 2024 | PairCorr |
| 0.68 | KB | KB Financial Group | PairCorr |
Moving against Grupo Stock
| 0.7 | VBNK | VersaBank Earnings Call This Week | PairCorr |
| 0.7 | EGBN | Eagle Bancorp Financial Report 24th of July 2024 | PairCorr |
| 0.65 | ECBK | ECB Bancorp | PairCorr |
| 0.44 | CFG-PE | Citizens Financial | PairCorr |
| 0.41 | TFC-PR | Truist Financial Normal Trading | PairCorr |
The ability to find closely correlated positions to Grupo Supervielle could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Grupo Supervielle 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 Grupo Supervielle - 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 Grupo Supervielle SA to buy it.
The correlation of Grupo Supervielle 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 Grupo Supervielle moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Grupo Supervielle 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 Grupo Supervielle 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.Check out Grupo Supervielle Piotroski F Score and Grupo Supervielle Altman Z Score analysis. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Complementary Tools for Grupo Stock analysis
When running Grupo Supervielle's price analysis, check to measure Grupo Supervielle'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 Grupo Supervielle is operating at the current time. Most of Grupo Supervielle's value examination focuses on studying past and present price action to predict the probability of Grupo Supervielle's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grupo Supervielle's price. Additionally, you may evaluate how the addition of Grupo Supervielle to your portfolios can decrease your overall portfolio volatility.
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Financial Widgets Easily integrated Macroaxis content with over 30 different plug-and-play financial widgets | |
| Aroon Oscillator Analyze current equity momentum using Aroon Oscillator and other momentum ratios | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities |
Is Grupo Supervielle'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 Grupo Supervielle. If investors know Grupo 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 Grupo Supervielle 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 66.374 | Dividend Share 44.036 | Earnings Share 0.65 | Revenue Per Share 5.3 K | Quarterly Revenue Growth 2.91 |
The market value of Grupo Supervielle is measured differently than its book value, which is the value of Grupo that is recorded on the company's balance sheet. Investors also form their own opinion of Grupo Supervielle's value that differs from its market value or its book value, called intrinsic value, which is Grupo Supervielle'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 Grupo Supervielle's market value can be influenced by many factors that don't directly affect Grupo Supervielle'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 Grupo Supervielle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Grupo Supervielle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Grupo Supervielle'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.