Winland Electronics (WEX)
Winland Electronics Beneish M-Score
View WEX 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
WEX Beneish M-Score Range, Past 5 Years
| Minimum | -3.765 | Dec 2007 |
| Maximum | -1.571 | Jun 2007 |
| Average | -3.000 |
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 WEX related companies
WEX News
Winland Electronics receives extension to regain NYSE Amex compliance
Feb 07, 11:02AM theflyonthewall.com
Feb 07, 11:02AM theflyonthewall.com
Winland Electronics Announces Receipt of Stock Exchange Compliance Notice
Dec 05, 5:00PM Business Wire
Dec 05, 5:00PM Business Wire
Winland Electronics Launches EnviroAlert EA800-ip at ASIS Show September 19-21
Sep 19, 9:00AM PR Newswire
Sep 19, 9:00AM PR Newswire
Winland Electronics, Inc. Reports Fourth Quarter, Full-Year 2010 Results
Mar 30, 5:00PM Business Wire
Mar 30, 5:00PM Business Wire
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| WEX | 0.552 | +0.00 | +0.00% | 2.042M |
| WETF | 6.56 | -0.12 | -1.80% | 795.60M |
| WESTD | 0.1849 | -0.02 | -9.76% | |
| WEST | 0.1849 | -0.02 | -9.76% | 3.108M |
| WES | 42.46 | -1.63 | -3.70% | 3.854B |
| WERN | 23.38 | -0.96 | -3.94% | 1.703B |
| WEN | 4.67 | +0.08 | +1.74% | 1.821B |
| WEC | 37.79 | -0.05 | -0.13% | 8.709B |
| WEBM | 0.5605 | -0.09 | -13.77% | 23.31M |
| WDR | 27.14 | -1.57 | -5.47% | 2.323B |
