Marine Products Corporation (MPX)

5.38 -0.02  -0.37%  May 30, 8:00PM Go Pro
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Marine Products Corporation Beneish M-Score: -1.985

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MPX Beneish M-Score Rankings

Overall 14th percentile 3212 of 3770
Sector 18th percentile 300 of 367 in Consumer Goods
Industry 9th percentile 9 of 10 in Recreational Goods, Other

MPX Beneish M-Score Range, Past 5 Years

Minimum -2.932 Jun 2007
Maximum -1.640 Dec 2008
Average -2.080

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:

ScoreRelative 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

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MPX News

Consumer Cyclical Sector Wrap
May 18, 4:45PM Fox Business
Listen to $MPX Q1 2012 earnings call - live at 08:00 AM, ondemand after - http://stks.co/3Uz0
about 36 days ago by earningscast
$MPX filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2ze4
about 71 days ago by MarketBrief
$MPX filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2xxF
about 72 days ago by MarketBrief
$MPX filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/2wKS
about 73 days ago by MarketBrief
Marine Products Reinstates Quarterly Dividend: http://stks.co/25ah $MPX
about 127 days ago by DynamicDividend
Listen to $MPX Q4 2011 earnings call (EPS 0.04 vs est 0.02) - live at 08:00 AM, ondemand after - http://stks.co/24zV
about 127 days ago by earningscast
$MPX filed latest Quarterly Report http://stks.co/wyw
about 210 days ago by MarketBrief
Marine Products Corp. (MPX) Tops Q3 EPS by 1c
Oct 26, 7:22AM Street Insider
$MPX http://chart.ly/owhhugp Marine Products - Broke Out and Still Running
about 590 days ago by OptionRadar
$MPX I've already been burned once so shying away. But this is one helluva juicey short fm a L/T perspective.
about 769 days ago by derekbobbe
If you do decide to short $MPX, be VERY careful. Earnings r up next week and it's lliquid as h*ll & can run in a heartbeat.
about 769 days ago by derekbobbe
As much as I don't like $BC, I hate $MPX even more. This name is trading at a P/S ratio of 6.79x, Tang P/B 3.45x, neg earnings.
about 769 days ago by derekbobbe
Shorted $MPX at 6.95
about 821 days ago by biggie31
Note: $MPX was referring to a mandatory buy-in by the broker due to no available inventory. Sum may have confused this with a stop-loss.
about 826 days ago by derekbobbe
Still have couple of small legacy accts at Scottrade, which is y I got burned on $MPX. Have had dozens of buy-ins fm Scottrade, 0 fm TD. $$
about 826 days ago by derekbobbe
Got nailed by a buy-in 4 $MPX one day after posting my short story. Coincidence? Note: I may not disclose thinly traded shorts in future.
about 826 days ago by derekbobbe
$MPX selling for 10x peak earnings in 2005, earnings were falling sharply even b4 recession. Credit is dry, this biz is permanently shrunk.
about 832 days ago by derekbobbe
$MPX selling for 10x peak earnings in 2005, sales were falling sharply even b4 recession. Credit is dry, this biz is permanently shrunk.
about 832 days ago by derekbobbe
@derekbobbe Yes,blood's in the water. Sharks should be circling $MPX. We ain't smart enough to know when to short, but these fundies suck.:)
about 832 days ago by wallstreetbean
found $MPX in "Burnt Bean" section of @wallstreetbean . Phenomenal fundies guys, if you aren't following them u shd b.
about 832 days ago by derekbobbe
found $MPX in "Burnt Bean" section of @wallstreetbean . Phenomenal fundies guy, if you aren't following him u shd b.
about 832 days ago by derekbobbe
just shorted $MPX in one of my L/T accounts, 6.6 -- multi-month hold expected. Awful fundies, apparently no one is buying powerboats.
about 832 days ago by derekbobbe
March's recovery likely to get serious in summer. Three stocks that will sizzle: $CAB $MPX $ZQK http://bit.ly/CFVb0
about 1101 days ago by topstocksmsn

Recent Quotes

Symbol Price Chg Chg % Market Cap
MPX 5.38 -0.02 -0.37% 204.28M
MPW 8.86 -0.24 -2.64% 1.231B
MPG 1.84 -0.07 -3.66% 96.93M
MPET 1.14 +0.03 +2.70% 59.76M
MPEL 12.12 -0.46 -3.66% 6.932B
MPC 36.58 -0.65 -1.75% 12.95B
MPB 10.75 -0.05 -0.46% 37.58M
MPAC 5.450 +0.14 +2.64% 13.97M
MPAA 4.47 -0.12 -2.61% 57.51M
MPA 15.73 +0.01 +0.06%
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