Invest Bank PSC (ADX:INB) Beneish M-Score: 0.00 (As of Jul. 15, 2026)

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What is Invest Bank PSC Beneish M-Score?

Invest Bank PSC ADX:INB -3.33% Beneish M-Score is 0.00 as of Jul. 15, 2026. The stock has 2 warning signs investors should review. Among 1,396 Banks companies, Invest Bank PSC ranks worse than 71633.17% on this metric.

Note: Financial institutions were excluded from the sample in Beneish paper when calculating Beneish M-Score. Thus, the prediction might not fit banks and insurance companies.

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 Invest Bank PSC's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Invest Bank PSC was -1.63. The lowest was -4.00. And the median was -2.82.

Invest Bank PSC 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 Invest Bank PSC 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 (Mar26) TTM:Last Year (Mar25) TTM:
Total Receivables was د.إ0.0 Mil.
Revenue was 112.043 + 214.538 + 107.19 + 83.227 = د.إ517.0 Mil.
Gross Profit was 112.043 + 214.538 + 107.19 + 83.227 = د.إ517.0 Mil.
Total Current Assets was د.إ0.0 Mil.
Total Assets was د.إ15,029.2 Mil.
Property, Plant and Equipment(Net PPE) was د.إ99.3 Mil.
Depreciation, Depletion and Amortization(DDA) was د.إ10.1 Mil.
Selling, General, & Admin. Expense(SGA) was د.إ139.3 Mil.
Total Current Liabilities was د.إ0.0 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ0.0 Mil.
Net Income was 22.126 + 61.858 + 50.714 + 37.793 = د.إ172.5 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = د.إ0.0 Mil.
Cash Flow from Operations was 92.463 + 5.444 + 221.804 + 398.001 = د.إ717.7 Mil.
 Total Receivables was د.إ0.0 Mil.
Revenue was 62.052 + 38.044 + 69.408 + 71.239 = د.إ240.7 Mil.
Gross Profit was 62.052 + 38.044 + 69.408 + 71.239 = د.إ240.7 Mil.
Total Current Assets was د.إ0.0 Mil.
Total Assets was د.إ11,363.5 Mil.
Property, Plant and Equipment(Net PPE) was د.إ66.4 Mil.
Depreciation, Depletion and Amortization(DDA) was د.إ11.1 Mil.
Selling, General, & Admin. Expense(SGA) was د.إ90.4 Mil.
Total Current Liabilities was د.إ0.0 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ0.0 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 / 516.998) / (0 / 240.743)
=0 / 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)
=(240.743 / 240.743) / (516.998 / 516.998)
=1 / 1
=

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 + 99.334) / 15029.151) / (1 - (0 + 66.366) / 11363.478)
=0.993391 / 0.99416
=

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
=516.998 / 240.743
=

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))
=(11.07 / (11.07 + 66.366)) / (10.115 / (10.115 + 99.334))
=0.142957 / 0.092417
=

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)
=(139.318 / 516.998) / (90.4 / 240.743)
=0.269475 / 0.375504
=

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 + 0) / 15029.151) / ((0 + 0) / 11363.478)
=0 / 0
=

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
=(172.491 - 0 - 717.712) / 15029.151
=-0.036278

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?
Invest Bank PSC (ADX:INB) has a Beneish M-Score of 0.00 as of Jul. 15, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Invest Bank PSC and its competitors. According to the industry distribution chart, Invest Bank PSC ranks #999999 out of 1396 companies in the Banks industry.
Is Invest Bank PSC's Beneish M-Score too high?
Invest Bank PSC's current Beneish M-Score is 0.00. Based on the distribution chart, Invest Bank PSC ranks #999999 out of 1396 companies in the Banks industry, which is in the bottom quartile relative to peers.
How does Invest Bank PSC's Beneish M-Score compare to competitors?
According to the Banks industry distribution chart, Invest Bank PSC ranks #999999 out of 1396 companies for Beneish M-Score. This places Invest Bank PSC 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 Banks company?
A good Beneish M-Score depends on the Banks 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 Invest Bank PSC and its competitors. Invest Bank PSC'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 Invest Bank PSC stock overvalued right now?
Invest Bank PSC (ADX:INB) has a current Beneish M-Score of 0.00. The current Beneish M-Score is 0.00. 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 Invest Bank PSC (ADX:INB), the current Beneish M-Score is 0.00 as of Jul. 15, 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.

Invest Bank PSC Business Description

Address No. 105, Al Zahra Street, King Abdul Aziz Road, P.O. Box 1885, Al-Qasimiya, Sharjah, ARE
Invest Bank PSC is engaged in the business of corporate and retail banking. It is a commercial bank providing a full range of financial products and services to corporates as well as retail customers. Its product suite currently covers the entire spectrum of banking products and services such as Loans and Advances, Revolving Overdraft Facility, Guarantees, Foreign Exchange, Current Accounts, and many more. The group operates in the domestic market i.e. United Arab Emirates and international market i.e. outside UAE, and its segments are Commercial banking, Investment and Treasury banking.