Mahanagar Telephone Nigam (MTE)
Mahanagar Telephone Nigam Beneish M-Score
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MTE Beneish M-Score Range, Past 5 Years
| Minimum | -3.238 | Mar 2008 |
| Maximum | -2.845 | Mar 2009 |
| Average | -3.042 |
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
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MTE News
How can a company like $MTE survive when a huge company like Vodafone had 146M customers in India yet only turned 15M in profit last year.
about 131 days ago by bradloncar
about 131 days ago by bradloncar
With the liquidity issues cellular firms are facing in India, I don't see how a small co like $MTE can compete. The govt should merge it.
about 153 days ago by bradloncar
about 153 days ago by bradloncar
02/04/10 Daily Stock: Target +33,33% BUY Mahanagar Telephone $MTE - Last Price $3,30 Target $4,40 - Stop 3,14 - http://tinyurl.com/m8ejta
about 790 days ago by Strategy_SMS
about 790 days ago by Strategy_SMS
(1/1) $ 5/28/09 Px & Vol BreakOut $hoku $mpel $mte $sslr $stp $ter $vix $yge -- tweeted from www.eztweets.com
about 1098 days ago by Terryco
about 1098 days ago by Terryco
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| MTE | 0.77 | +0.01 | +1.30% | 242.55M |
| MTD | 159.84 | -6.66 | -4.00% | 5.046B |
| MHI | 15.65 | +0.00 | +0.00% | |
| MHH | 5.82 | -0.03 | -0.51% | 18.27M |
| MHGC | 4.45 | -0.06 | -1.33% | 137.02M |
| MHF | 8.22 | -0.04 | -0.48% | |
| MGYR | 4.00 | -0.15 | -3.61% | 23.16M |
| MGV | 39.11 | -0.55 | -1.39% | |
| MGT | 4.80 | -0.05 | -1.03% | 10.13M |
| MGRC | 24.95 | -0.40 | -1.58% | 614.27M |
