Soho House Beneish M-Score Historical Data
The historical data trend for Soho House's Beneish M-Score can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Soho House Beneish M-Score Chart
|
Soho House Annual Data
|
|
Trend |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Beneish M-Score |
|
Get a 7-Day Free Trial
|
- |
- |
-2.25 |
-2.26 |
-2.53 |
|
Soho House Quarterly Data
|
|
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
Mar24 |
Jun24 |
Sep24 |
| Beneish M-Score |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
|
|
|
-2.23 |
-2.53 |
-2.71 |
-2.90 |
-2.86 |
Competitive Comparison of Soho House's Beneish M-Score
For the Lodging subindustry, Soho House's Beneish M-Score, along with its competitors' market caps and Beneish M-Score data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Soho House's Beneish M-Score Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Soho House's Beneish M-Score distribution charts can be found below:
* The bar in red indicates where Soho House's Beneish M-Score falls into.
Soho House Beneish M-Score Calculation
The M-score was created by Professor Messod Beneish. Instead of measuring the bankruptcy risk (Altman Z-Score) or business trend (Piotroski F-Score), M-score can be used to detect the risk of earnings manipulation. This is the original research paper on M-score.
The M-Score Variables:
The M-score of Soho House for today is based on a combination of the following eight different indices:
| M | = | -4.84 | + | 0.92 * DSRI | + | 0.528 * GMI | + | 0.404 * AQI | + | 0.892 * SGI | + | 0.115 * DEPI |
| = | -4.84 | + | 0.92 * 0.9519 | + | 0.528 * 0.9663 | + | 0.404 * 0.9594 | + | 0.892 * 1.0853 | + | 0.115 * 0.9207 |
| - | 0.172 * SGAI | + | 4.679 * TATA | - | 0.327 * LVGI |
| - | 0.172 * 0.9668 | + | 4.679 * -0.074828 | - | 0.327 * 1.0696 |
| = | -2.86 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
| This Year (Sep24) TTM: | Last Year (Sep23) TTM: |
Total Receivables was $186 Mil.
Revenue was 333.368 + 305.146 + 263.146 + 300.73 = $1,202 Mil.
Gross Profit was 174.578 + 142.262 + 111.517 + 156.031 = $584 Mil.
Total Current Assets was $412 Mil.
Total Assets was $2,579 Mil.
Property, Plant and Equipment(Net PPE) was $1,816 Mil.
Depreciation, Depletion and Amortization(DDA) was $114 Mil.
Selling, General, & Admin. Expense(SGA) was $172 Mil.
Total Current Liabilities was $508 Mil.
Long-Term Debt & Capital Lease Obligation was $2,304 Mil.
Net Income was 0.175 + -33.869 + -46.04 + -48.77 = $-129 Mil.
Non Operating Income was 27.041 + -3.55 + -5.039 + -37.907 = $-19 Mil.
Cash Flow from Operations was 17.802 + 37.504 + 7.488 + 21.122 = $84 Mil.
|
Total Receivables was $180 Mil.
Revenue was 293.387 + 288.923 + 255.209 + 270.39 = $1,108 Mil.
Gross Profit was 146.156 + 136.57 + 111.237 + 126.341 = $520 Mil.
Total Current Assets was $400 Mil.
Total Assets was $2,527 Mil.
Property, Plant and Equipment(Net PPE) was $1,769 Mil.
Depreciation, Depletion and Amortization(DDA) was $102 Mil.
Selling, General, & Admin. Expense(SGA) was $164 Mil.
Total Current Liabilities was $423 Mil.
Long-Term Debt & Capital Lease Obligation was $2,153 Mil.
|
1. DSRI = Days Sales in Receivables Index
Measured as the ratio of Revenue in Total Receivables in year t to year t-1.
A large increase in DSR could be indicative of revenue inflation.
| DSRI | = | (Receivables_t / Revenue_t) | / | (Receivables_t-1 / Revenue_t-1) |
| = | (186.118 / 1202.39) | / | (180.156 / 1107.909) |
| = | 0.15479 | / | 0.162609 |
| | = | 0.9519 |
2. GMI = Gross Margin Index
Measured as the ratio of gross margin in year t-1 to gross margin in year t.
Gross margin has deteriorated when this index is above 1. A firm with poorer prospects is more likely to manipulate earnings.
| GMI | = | GrossMargin_t-1 | / | GrossMargin_t |
| = | (GrossProfit_t-1 / Revenue_t-1) | / | (GrossProfit_t / Revenue_t) |
| = | (520.304 / 1107.909) | / | (584.388 / 1202.39) |
| = | 0.469627 | / | 0.486022 |
| | = | 0.9663 |
3. AQI = Asset Quality Index
AQI is the ratio of asset quality in year t to year t-1.
Asset quality is measured as the ratio of non-current assets other than Property, Plant and Equipment to Total Assets.
| AQI | = | (1 - (CurrentAssets_t + PPE_t) / TotalAssets_t) | / | (1 - (CurrentAssets_t-1 + PPE_t-1) / TotalAssets_t-1) |
| = | (1 - (411.824 + 1816.136) / 2578.794) | / | (1 - (400.395 + 1768.568) / 2527.369) |
| = | 0.136046 | / | 0.14181 |
| | = | 0.9594 |
4. SGI = Sales Growth Index
Ratio of Revenue in year t to sales in year t-1.
Sales growth is not itself a measure of manipulation. However, growth companies are likely to find themselves under pressure to manipulate in order to keep up appearances.
| SGI | = | Sales_t | / | Sales_t-1 |
| = | Revenue_t | / | Revenue_t-1 |
| = | 1202.39 | / | 1107.909 |
| | = | 1.0853 |
5. DEPI = Depreciation Index
Measured as the ratio of the rate of Depreciation, Depletion and Amortization in year t-1 to the corresponding rate in year t.
DEPI greater than 1 indicates that assets are being depreciated at a slower rate. This suggests that the firm might be revising useful asset life assumptions upwards, or adopting a new method that is income friendly.
| DEPI | = | (Depreciation_t-1 / (Depreciaton_t-1 + PPE_t-1)) | / | (Depreciation_t / (Depreciaton_t + PPE_t)) |
| = | (101.602 / (101.602 + 1768.568)) | / | (113.883 / (113.883 + 1816.136)) |
| = | 0.054328 | / | 0.059006 |
| | = | 0.9207 |
Note: If the Depreciation, Depletion and Amortization data is not available, we assume that the depreciation rate is constant and set the Depreciation Index to 1.
6. SGAI = Sales, General and Administrative expenses Index
The ratio of Selling, General, & Admin. Expense(SGA) to Sales in year t relative to year t-1.
SGA expenses index > 1 means that the company is becoming less efficient in generate sales.
| SGAI | = | (SGA_t / Sales_t) | / | (SGA_t-1 /Sales_t-1) |
| = | (172.166 / 1202.39) | / | (164.088 / 1107.909) |
| = | 0.143186 | / | 0.148106 |
| | = | 0.9668 |
7. LVGI = Leverage Index
The ratio of total debt to Total Assets in year t relative to yeat t-1.
An LVGI > 1 indicates an increase in leverage
| LVGI | = | ((LTD_t + CurrentLiabilities_t) / TotalAssets_t) | / | ((LTD_t-1 + CurrentLiabilities_t-1) / TotalAssets_t-1) |
| = | ((2303.91 + 507.628) / 2578.794) | / | ((2153.258 + 422.879) / 2527.369) |
| = | 1.090253 | / | 1.019296 |
| | = | 1.0696 |
8. TATA = Total Accruals to Total Assets
Total accruals calculated as the change in working capital accounts other than cash less depreciation.
| TATA | = | (IncomefromContinuingOperations_t | - | CashFlowsfromOperations_t) | / | TotalAssets_t |
| = | (NetIncome_t - NonOperatingIncome_t | - | CashFlowsfromOperations_t) | / | TotalAssets_t |
| = | (-128.504 - -19.455 | - | 83.916) | / | 2578.794 |
| | = | -0.074828 |
An M-Score of equal or less than -1.78 suggests that the company is unlikely to be a manipulator. An M-Score of greater than -1.78 signals that the company is likely to be a manipulator.
Soho House has a M-score of -2.86 suggests that the company is unlikely to be a manipulator.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SHCO has been successfully added to your