Veolia Environnement (VE)
Veolia Environnement Beneish M-Score: -2.828
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VE Beneish M-Score Rankings
| Overall | 66th percentile | 1257 of 3771 |
| Sector | 84th percentile | 47 of 303 in Industrial Goods |
| Industry | 78th percentile | 4 of 19 in Waste Management |
VE Beneish M-Score Range, Past 5 Years
| Minimum | -2.927 | Dec 2009 |
| Maximum | -2.440 | Dec 2007 |
| Average | -2.707 |
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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VE News
Investors to gain exposure to Asia can look to multinational comp- Robert Fuest-Landor&Fuest include $DD $DOW & $VE http://stks.co/3zLl
about 7 days ago by DrNick
about 7 days ago by DrNick
Veolia Environmental Services Attains OHSAS 18001 Certification for On-Site Services at the Ohio State University
May 23, 11:50AM Business Wire
May 23, 11:50AM Business Wire
$VE Veolia Picks Potential Buyers For UK Water, US Solid Waste Units http://stks.co/3rKJ
about 16 days ago by DrNick
about 16 days ago by DrNick
$VE Mentioned more than normal on StockTwits - Currently at 4 x average daily social activity
about 16 days ago by TradeIdeasQuant
about 16 days ago by TradeIdeasQuant
Southeastern Pennsylvania Transportation Authority (SEPTA) Partners with SourceOne for Energy Management
May 14, 9:01AM Business Wire
May 14, 9:01AM Business Wire
$VE At Least 3 Groups Make Indicative Bids For Veolia Water (WSJ) http://stks.co/3n4Z
about 21 days ago by DrNick
about 21 days ago by DrNick
$VE IMPORTANT NEWS- Germany's Rethmann looking to acquiring the French $VE company's transport business (REUTERS) http://stks.co/3mus
about 21 days ago by DrNick
about 21 days ago by DrNick
$VE Europe's pain, America's gain (WSJ) this a great article about VE future potential. http://stks.co/3lop
about 22 days ago by DrNick
about 22 days ago by DrNick
$VE SourceOne Power Project by $VE "FIRST FIRE" - Warming up the plant! http://stks.co/3hpy
about 25 days ago by DrNick
about 25 days ago by DrNick
SourceOne Power Project with New Jersey-based Vineland Municipal Electric Utility Achieves First Fire Milestone
May 07, 11:30AM Business Wire
May 07, 11:30AM Business Wire
Veolia Environmental Services to Partner with the New York City Department of Sanitation on ‘SAFE’ Disposal Events
Apr 17, 10:55AM Business Wire
Apr 17, 10:55AM Business Wire
Veolia Environmental Services Introduces New Fleet of Compressed Natural Gas Powered Trucks to Evansville Market
Apr 11, 11:57AM Business Wire
Apr 11, 11:57AM Business Wire
Deutsche Bank Downgrades Veolia Environnement (VE) to Sell; Low Visibility on Execution
Apr 05, 8:08AM Street Insider
Apr 05, 8:08AM Street Insider
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| VE | 11.20 | -0.26 | -2.23% | 5.792B |
| VDSI | 6.85 | -0.14 | -2.00% | 267.37M |
| VDE | 90.26 | -2.27 | -2.45% | |
| VCO | 35.12 | -1.08 | -2.98% | 1.352B |
| VCLK | 16.80 | -0.74 | -4.22% | 1.409B |
| USTR | 25.02 | -0.23 | -0.91% | 1.069B |
| UST | 58.06 | +0.92 | +1.61% | |
| USPH | 23.95 | -0.35 | -1.44% | 285.77M |
| USO | 31.35 | -1.26 | -3.86% | |
| USNA | 40.09 | -0.31 | -0.77% | 605.60M |