AKA Brands Beneish M Score

AKA -  USA Stock  

USD 2.87  0.07  2.38%

This module uses fundamental data of AKA Brands to approximate the value of its Beneish M Score. AKA Brands 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. Please continue to AKA Brands Piotroski F Score and AKA Brands Altman Z Score analysis.
  
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AKA Brands Total Debt is projected to increase significantly based on the last few years of reporting. The past year's Total Debt was at 135.87 Million. The current year Debt Non Current is expected to grow to about 134.4 M, whereas Debt Current is forecasted to decline to about 9.7 M.
At this time, it appears that AKA Brands Holding is an unlikely manipulator. The earnings manipulation may begin if AKA Brands' 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 AKA Brands 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 AKA Brands' 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
Elasticity of Receivables1.0Focus
Asset QualityN/AFocus
Expense Coverage0.99Focus
Gross Margin Strengs1.12Focus
Accruals Factor0.99Focus
Depreciation Resistance1.19Focus
Net Sales Growth0.83Focus
Financial Leverage Condition1.33Focus

AKA Brands 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 AKA Brands' 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
Revenues465.8 M562.2 M
Significantly Down
Increasing
Slightly volatile
Selling General and Administrative Expense239.9 M291.3 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations21.5 M24 M
Moderately Down
Increasing
Slightly volatile
Depreciation Amortization and Accretion19 M23 M
Significantly Down
Increasing
Slightly volatile
Total Assets559.5 M687.8 M
Significantly Down
Increasing
Slightly volatile
Property Plant and Equipment Net44.3 M41.1 M
Significantly Up
Increasing
Slightly volatile
Trade and Non Trade Receivables2.2 M2.7 M
Significantly Down
Increasing
Slightly volatile
Total Liabilities255.5 M236.8 M
Significantly Up
Increasing
Slightly volatile
Current Assets151.1 M184.3 M
Significantly Down
Increasing
Slightly volatile
Assets Non Current408.4 M503.5 M
Significantly Down
Increasing
Slightly volatile
Current Liabilities89.3 M108 M
Significantly Down
Increasing
Slightly volatile
Liabilities Non Current139 M128.8 M
Significantly Up
Increasing
Slightly volatile
Total Debt146.6 M135.9 M
Significantly Up
Increasing
Slightly volatile
Debt Current9.7 M11.3 M
Fairly Down
Increasing
Slightly volatile
Debt Non Current134.4 M124.6 M
Significantly Up
Increasing
Slightly volatile
Operating Income16.6 M16.4 M
Fairly Up
Increasing
Slightly volatile
Gross Margin0.610.547
Moderately Up
Increasing
Slightly volatile

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

About AKA Brands 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.

Operating Expenses

239.92 Million

Share
AKA Brands Operating Expenses is projected to increase significantly based on the last few years of reporting. The past year's Operating Expenses was at 291.28 Million

About AKA Brands Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze AKA Brands Holding's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of AKA Brands using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of AKA Brands Holding 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.
a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. It offers apparel, footwear, and accessories through its online stores under the Princess Polly, Culture Kings, Petal Pup, mnml, and Rebdolls brands, as well as operates eight physical stores under the Culture Kings brand name. The company was founded in 2018 and is headquartered in San Francisco, California.

Be your own money manager

Our tools can tell you how much better you can do entering a position in AKA Brands without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with AKA Brands

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 AKA Brands 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 AKA Brands will appreciate offsetting losses from the drop in the long position's value.

AKA Brands Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to AKA Brands could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AKA Brands 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 AKA Brands - 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 AKA Brands Holding to buy it.
The correlation of AKA Brands is a statistical measure of how it moves in relation to other equities. 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 AKA Brands moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AKA Brands Holding 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 AKA Brands 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.
Pair CorrelationCorrelation Matching
Please continue to AKA Brands Piotroski F Score and AKA Brands Altman Z Score analysis. Note that the AKA Brands Holding information on this page should be used as a complementary analysis to other AKA Brands' 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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running AKA Brands Holding price analysis, check to measure AKA Brands' 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 AKA Brands is operating at the current time. Most of AKA Brands' value examination focuses on studying past and present price action to predict the probability of AKA Brands' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move AKA Brands' price. Additionally, you may evaluate how the addition of AKA Brands to your portfolios can decrease your overall portfolio volatility.
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Is AKA Brands' 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 AKA Brands. If investors know AKA Brands 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 AKA Brands 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 YOY
-0.5
Market Capitalization
378.2 M
Quarterly Revenue Growth YOY
1.16
Return On Assets
0.0526
Return On Equity
-0.0209
The market value of AKA Brands Holding is measured differently than its book value, which is the value of AKA Brands that is recorded on the company's balance sheet. Investors also form their own opinion of AKA Brands' value that differs from its market value or its book value, called intrinsic value, which is AKA Brands' 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 AKA Brands' market value can be influenced by many factors that don't directly affect AKA Brands' 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 AKA Brands' value and its price as these two are different measures arrived at by different means. Investors typically determine AKA Brands value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, AKA Brands' 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.