ABTS (Abits Group) Beneish M-Score: 0.00 (As of Jun. 24, 2026)


ABTS Abits Group Inc ABTS
53 GF Score
Price $1.21
GF Value $49.21
Valuation Possible Value Trap
! 1 Warning Sign
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What is Abits Group Beneish M-Score?

Abits Group ABTS 53 Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus rates ABTS with a GF Score™ of 53/100 and a GF Value™ of $49.21 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 702 Capital Markets companies, Abits Group ranks worse than 142450% on this metric.

The zones of discrimination for M-Score is as such:

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.

The historical rank and industry rank for Abits Group's Beneish M-Score or its related term are showing as below:

During the past 7 years, the highest Beneish M-Score of Abits Group was 0.00. The lowest was 0.00. And the median was 0.00.

Abits Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Abits Group'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.

Abits Group Beneish M-Score Chart

Abits Group Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Abits Group Quarterly Data
Sep19 Dec19 Sep20 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Jun25 Sep25 Dec25
Beneish M-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

ABTS vs IPST, MWAI, BTMCQ: Beneish M-Score Comparison

For the Capital Markets subindustry, Abits Group'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.

Abits Group Beneish M-Score vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Abits Group's Beneish M-Score falls into.


ABTS
53GF Score
Abits Group Inc ABTS
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Abits Group 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 Abits Group 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 * +0.528 * +0.404 * +0.892 * +0.115 *
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * +4.679 * -0.327 *
=

* 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 (Dec25) TTM:Last Year (Sep24) TTM:
Total Receivables was $0.02 Mil.
Revenue was 3.522 + 1.612 + 0 + 1.778 = $6.91 Mil.
Gross Profit was 0.778 + 0.759 + 0 + 0.966 = $2.50 Mil.
Total Current Assets was $0.90 Mil.
Total Assets was $10.91 Mil.
Property, Plant and Equipment(Net PPE) was $8.53 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $2.04 Mil.
Total Current Liabilities was $2.76 Mil.
Long-Term Debt & Capital Lease Obligation was $0.38 Mil.
Net Income was -2.225 + -0.287 + 0 + -0.256 = $-2.77 Mil.
Non Operating Income was 0 + 0.43 + 0 + 0 = $0.43 Mil.
Cash Flow from Operations was 0 + 0 + 0 + 0 = $0.00 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 1.264 + 0 + 0 + 0 = $1.26 Mil.
Gross Profit was 0.387 + 0 + 0 + 0 = $0.39 Mil.
Total Current Assets was $0.00 Mil.
Total Assets was $0.00 Mil.
Property, Plant and Equipment(Net PPE) was $0.00 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.00 Mil.
Selling, General, & Admin. Expense(SGA) was $0.34 Mil.
Total Current Liabilities was $0.00 Mil.
Long-Term Debt & Capital Lease Obligation was $0.00 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)
=(0.023 / 6.912) / (0 / 1.264)
=0.003328 / 0
=

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)
=(0.387 / 1.264) / (2.503 / 6.912)
=0.306171 / 0.362124
=

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 - (0.901 + 8.53) / 10.914) / (1 - (0 + 0) / 0)
=0.135881 /
=

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
=6.912 / 1.264
=

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))
=(0 / (0 + 0)) / (0 / (0 + 8.53))
= / 0
=

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)
=(2.036 / 6.912) / (0.342 / 1.264)
=0.29456 / 0.27057
=

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)
=((0.375 + 2.759) / 10.914) / ((0 + 0) / 0)
=0.287154 /
=

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
=(-2.768 - 0.43 - 0) / 10.914
=-0.293018

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.

Frequently Asked Questions Learn more about Beneish M-Score →
What does a Beneish M-Score of 0.00 mean?
Abits Group (ABTS) has a Beneish M-Score of 0.00 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Abits Group and its competitors. According to the industry distribution chart, Abits Group ranks #999999 out of 702 companies in the Capital Markets industry.
Is Abits Group's Beneish M-Score too high?
Abits Group's current Beneish M-Score is 0.00. Based on the distribution chart, Abits Group ranks #999999 out of 702 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Abits Group has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Abits Group's Beneish M-Score compare to IPST and MWAI?
According to the Capital Markets industry distribution chart, Abits Group ranks #999999 out of 702 companies for Beneish M-Score. This places Abits Group in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beneish M-Score for a Capital Markets company?
A good Beneish M-Score depends on the Capital Markets industry context. However, Beneish M-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beneish M-Score mean?
A high Beneish M-Score can signal that a stock is expensive relative to its fundamentals. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Abits Group and its competitors. Abits Group's current Beneish M-Score is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abits Group stock overvalued right now?
Based on GuruFocus' analysis, Abits Group (ABTS) is currently considered Possible Value Trap. The stock's GF Value™ is $49.21, compared to a current price of $1.21 — trading 97.5% below its estimated fair value. The current Beneish M-Score is 0.00. Abits Group's overall GF Score™ is 53/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beneish M-Score calculated?
Beneish M-Score is calculated from a company's financial statements. For Abits Group (ABTS), the current Beneish M-Score is 0.00 as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Abits Group (ABTS) Overvalued in 2026?

Based on GuruFocus' analysis, Abits Group stock appears to be undervalued. The current stock price of $1.21 is trading 97.5% below its estimated GF Value™ of $49.21. GuruFocus considers Abits Group to be Possible Value Trap.

Key valuation signals for ABTS:

  • Beneish M-Score: 0.00
  • GF Value™: $49.21 vs. price of $1.21 (97.5% below fair value)
  • GF Score™: 53/100 with 1 warning sign

No single metric tells the full story. See the ABTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Abits Group Business Description

Address 33 Hysan Avenue, Causeway Bay, Level 24, Lee Garden One, Hong Kong, HKG
Abits Group Inc is a bitcoin mining company. The Company operates self-owned and hosted bitcoin mining facilities in Tennessee, United States.
53GF Score

Get the complete analysis for ABTS

Beneish M-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.21
Price
$49.21
GF Value