Evolving Systems (EVOL)
Evolving Systems Beneish M-Score: -3.293
View EVOL Beneish M-Score with YCharts Pro.
Access these YCharts Pro features:
Export any data you want
Save any chart as an image
Utilize advanced screener power
View 30 years of financial history
over 90 advanced calculations
Enjoy an advertising free experience
EVOL Beneish M-Score Rankings
| Overall | 82nd percentile | 666 of 3761 |
| Sector | 90th percentile | 73 of 781 in Technology |
| Industry | 85th percentile | 3 of 20 in Technical & System Software |
EVOL Beneish M-Score Range, Past 5 Years
| Minimum | -4.611 | Jun 2007 |
| Maximum | -2.580 | Dec 2009 |
| Average | -3.086 |
About Beneish M Score
The Beneish M Score helps to uncover companies who are likely to be manipulating their reported earnings. Companies with a higher score are more likely to be manipulators. This is a probabilistic model, so it will not detect manipulators with 100% accuracy.
The best cut-off point depends on the costs mistakenly classifying in one of two ways:
1) Classifying firm that is manipulating earnings as a non-manipulator (Type I error), and
2) Classifying a firm as a manipulator when it actually was not manipulating (Type II Error).
Here are optimal cut-offs according to Beneish, presented as the score followed by the cost of Type I error relative to cost of Type II error):
M Score HTML Table:
| Score | Relative Error Costs (Type I:Type II) |
|---|---|
| M Score > -1.49 | (10:1) | M Score > -1.78 | (20:1) | M Score > -1.89 | (40+:1) |
Beneish excluded financial institutions from his sample when calculating the M-Score, so extreme care should be taken when looking at M-Scores of financial firms - their business models are different from the manufacturing and other service firms that Beneish used in his study.
If you want more details, here is the original Beneish M Score Paper, or you can learn about our calculation by clicking "Learn More" below.
Learn More
You may also be interested in these EVOL related companies
EVOL News
Evolving Systems to Present at B. Riley & Co. 13th Annual Investor Conference
May 16, 7:00AM Marketwire
May 16, 7:00AM Marketwire
Evolving Systems, Inc. (EVOL) Declares $1.70 Special Dividend; 30.6% Yield
May 08, 4:16PM Street Insider
May 08, 4:16PM Street Insider
Evolving Systems Sets Date for 2012 First Quarter Financial Results News Release and Conference Call
Apr 30, 12:06PM Marketwire
Apr 30, 12:06PM Marketwire
$EVOL at upper end of 90 day range. watch for breakout into earnings
about 46 days ago by chrisdress
about 46 days ago by chrisdress
Evolving Systems Reports 2011 Fourth Quarter and Full Year Financial Results
Mar 13, 4:00PM Marketwire
Mar 13, 4:00PM Marketwire
Evolving Systems, Inc. (EVOL) Declares $0.05 Quarterly Dividend; 3.8% Yield
Mar 08, 8:47AM Street Insider
Mar 08, 8:47AM Street Insider
Evolving Systems Sets Date for 2011 Financial Results News Release and Conference Call
Mar 06, 1:28PM Marketwire
Mar 06, 1:28PM Marketwire
Evolving Systems Tertio(TM) Supports European Customer's Launch of Bundled Services
Jan 19, 7:00AM Marketwire
Jan 19, 7:00AM Marketwire
Evolving Systems (EVOL) Announces $2 Special Dividend and Plans to Resumre $0.05 Quarterly Dividend
Jan 06, 8:04AM Street Insider
Jan 06, 8:04AM Street Insider
Evolving Systems announces intention to resume 5c dividend payments in Q2
Jan 06, 8:02AM theflyonthewall.com
Jan 06, 8:02AM theflyonthewall.com
Asian Operator Offers Personalization With Evolving Systems' Dynamic SIM Allocation Solution
Jan 05, 7:00AM Marketwire
Jan 05, 7:00AM Marketwire
Evolving Systems, Inc. (EVOL) Reports Q3 Loss of $0.05, Declares Special Dividend of $2
Nov 10, 4:12PM Street Insider
Nov 10, 4:12PM Street Insider
Today's Dividend-Paying Winners and Losers: http://goo.gl/Vce6p / $SBUX $SAFM $MW $IRM / $GAIA $TWIN $EVOL $ARMH
about 445 days ago by DynamicDividend
about 445 days ago by DynamicDividend
@OptionRadar $EVOL...Held it for a couple years. Likely to get bought in 10-12 range.
about 558 days ago by STLcst
about 558 days ago by STLcst
$EVOL - Evolving Systems - $82M Micro Cap Comm. Software Play - Trades 12X Earnings, 10.7X FCF - Intrigued
about 558 days ago by OptionRadar
about 558 days ago by OptionRadar
$EVOL Dynamic SIM allocation, better processes of SIM activation and provisioning in emerging markets. http://bit.ly/9wFBFq
about 804 days ago by AFairch
about 804 days ago by AFairch
$EVOL Dymanic SIM allocation, better processes of SIM activation and provisioning in emerging markets. http://bit.ly/9wFBFq
about 804 days ago by AFairch
about 804 days ago by AFairch
http://chart.ly/a28tma $EVOL - Doing the 20/50 churn. remember, churn and trap stocks are bearish in nature. In 10% neutral range
about 946 days ago by WeeklyTA
about 946 days ago by WeeklyTA
http://chart.ly/8nansz $EVOL - above 7.25--still has potiential volume is starting to come in
about 953 days ago by zortrades
about 953 days ago by zortrades
I've been watching Arbinet Xchange ($ARBX) die for years now.. But this "Karen Singer" has been buying $ARBX and $EVOL, >10% owner, W
about 1282 days ago by dvolatility
about 1282 days ago by dvolatility
I've been watching Arbinet Xchange ($ARBX) die for years now.. But this "Karen Singer" has been buying $ARBX and $EVOL, >10% owner...
about 1282 days ago by dvolatility
about 1282 days ago by dvolatility
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| EVOL | 7.07 | +0.13 | +1.87% | 78.48M |
| EVO | 15.10 | +0.09 | +0.59% | |
| EVN | 13.80 | +0.02 | +0.15% | |
| EVK | 1.73 | +0.00 | +0.00% | 25.53M |
| EVJ | 14.32 | +0.08 | +0.54% | |
| ESRX | 52.63 | +0.96 | +1.86% | 25.51B |
| ESR | 22.12 | +0.03 | +0.14% | |
| ESP | 25.24 | +0.50 | +2.02% | 58.56M |
| ESLT | 34.21 | -0.13 | -0.38% | 1.467B |
| ESL | 66.69 | -0.42 | -0.63% | 2.043B |