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Mobileye Global earnings quality score

How much of the reported profit is backed by cash, and how many markers of managed earnings the filings show

Score78 / 100 · grade B · rank 101 of 1027

Mobileye Global (MBLY) scores 78 of 100 for earnings quality, grade B: rank 101 of 1027 companies and 19 of 203 in technology. It loses the most points on adjusted earnings far below GAAP (more than ten times apart), accruals of -7.9% of assets, lower than 76% of companies (profit backed by cash), discretionary accruals of +1.7% of assets (modified Jones), smaller than most. It earns full or near-full marks for Beneish M-score -3.28: clean (below −2.22), Dechow F-score 0.41 (normal), profit about as variable as cash flow (smoothness 12.66).

What earned and lost points

ComponentWhat the filings showPointsOf
Accrualsaccruals of -7.9% of assets, lower than 76% of companies (profit backed by cash)1520
Beneish M-scoreBeneish M-score -3.28: clean (below −2.22)1515
Dechow F-scoreDechow F-score 0.41 (normal)1515
Montier C-scoreMontier C-score 1 of 6 checks failed1215
Discretionary accrualsdiscretionary accruals of +1.7% of assets (modified Jones), smaller than most710
Piotroski F-scorePiotroski F-score 7 of 9810
Non-GAAP gapadjusted earnings far below GAAP (more than ten times apart)010
Earnings smoothnessprofit about as variable as cash flow (smoothness 12.66)55
MBLY: share of the available points, by componentMBLY: share of the available points, by componentAccruals76%Discretionary accruals70%Beneish M-score100%Dechow F-score100%Montier C-score83%Piotroski F-score78%Earnings smoothness100%

How the score is built

Eight published measures, each scored against the whole universe or on its own scale and weighted: accruals 20, discretionary accruals 10, Beneish M 15, Dechow F 15, Montier C 15, Piotroski F 10, the non-GAAP gap 10, smoothness 5. A measure that cannot be computed (Beneish for a bank, say) drops out and the rest is rescaled, so every company is scored on what applies to it.

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Computed from the companies’ own XBRL filings (latest fiscal year) by published formulas; a statistical screen, not an audit or an accusation. A low score means the reported profit shows more of the markers of managed or low-quality earnings than its peers. Not investment advice.