Balchem Corporation — Earnings Quality Grade F
BCPC · Basic Materials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 51 days, change +5 days YoY
AR growth 20.0% exceeds revenue growth 8.8%
Revenue 8.8%, CFFO 19.0%. Cash follows revenue
Expense Quality
Inventory 0.5% vs COGS 7.9%. Normal
CapEx growth 22.0% is >2x revenue growth 8.8%
SG&A/Gross Profit = 38.5%. Normal
Gross margin 35.7%, change +0.5pp. Stable
Cash Flow Quality
CFFO/NI = 1.40. Profits backed by cash
FCF $0.2B, FCF/NI = 1.12
Accruals ratio = -3.7%. Low accruals
Cash $0.1B covers only 41% of debt $0.2B
Balance Sheet Health
Goodwill+Intangibles $1.0B = 78% of equity. Over 50%
Debt/EBITDA = 0.7x. Healthy
Other assets 4.7% vs revenue 8.8%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 4% YoY. Normal
Manipulation Score
M-Score = -2.45 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-25