Beneish M-Score

The Beneish M-Score is a mathematical model created by Professor Beneish that uses eight financial ratios to identify whether a company may have manipulated its earnings figures for reporting purposes. This is measured on a 1 year historical basis.

Stockopedia explains Beneish M-Score

You can read a more detailed description of the Beneish M-Score here.

Many companies can increase their reported earnings by booking sales early, delaying expense recognition, capitalising expenses and other tricks of the trade. Most of these tricks aren't illegal, but regular practice can signify a company that may be getting into bad habits.

The M Score predicted such high profile failures as Enron and has even been shown to be useful as a short selling technique.

Ranks: Low to HighAvailable in screenerAvailable as Table Column

The 5 highest Beneish M-Score Stocks in the Market

TickerNameBeneish M-ScoreStockRank™
PNK:TMNAAgri-Fintech Holdings151,429.2865
ASX:BCBBowen Coking Coal21,218.419
NAQ:NEGGNewegg Commerce5,908.0240
ASQ:LCTXLineage Cell Therapeutics4,895.2332
EPA:METEXMetabolic Explorer SA2,837.9625