JBT Marel Corporation — Earnings Quality Grade F
JBTM · Industrials
Major red flags
Screening Summary
管理层信号
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 43 days, change -8 days YoY
AR growth 84.8% vs revenue growth 121.3%
Revenue 121.3%, CFFO 46.9%. Cash follows revenue
Expense Quality
Inventory growth 176.1% exceeds COGS 126.1%
CapEx growth 173.4% vs revenue 121.3%. Normal
SG&A/Gross Profit = 83.6%, exceeds 70%
Gross margin 35.1%, change -1.4pp. Stable
Cash Flow Quality
CFFO/NI = -6.77. Below 1.0
FCF $0.2B, FCF/NI = -4.71
Accruals ratio = -4.8%. Low accruals
Cash $0.2B covers only 9% of debt $1.9B
Balance Sheet Health
Goodwill+Intangibles $5.7B = 127% of equity. Over 50%
Debt/EBITDA = 5.9x (>4x). Interest coverage = 1.9x (<2x). Financial stress
Other assets 10.5% vs revenue 121.3%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 383% YoY
Manipulation Score
M-Score = -1.31 (> -1.78). LIKELY 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