Sudatel Telecom Group (ADX:SUDATEL) Beneish M-Score: 0.00 (As of Jul. 13, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADX:SUDATEL Sudatel Telecom Group Ltd ADX:SUDATEL
45 GF Score
Price د.إ0.68
GF Value د.إ0.34
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Sudatel Telecom Group Beneish M-Score?

Sudatel Telecom Group ADX:SUDATEL -0.73% 45 Beneish M-Score is 0.00 as of Jul. 13, 2026. GuruFocus rates ADX:SUDATEL with a GF Score™ of 45/100 and a GF Value™ of د.إ0.34 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 351 Telecommunication Services companies, Sudatel Telecom Group ranks worse than 284900% 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 Sudatel Telecom Group's Beneish M-Score or its related term are showing as below:

During the past 13 years, the highest Beneish M-Score of Sudatel Telecom Group was -2.33. The lowest was -3.39. And the median was -3.08.


Sudatel Telecom Group Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Sudatel Telecom 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.

Sudatel Telecom Group Beneish M-Score Chart

Sudatel Telecom Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.96 -2.97 -3.17 -3.39 0.00

Sudatel Telecom Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -3.39 -2.99 0.00 0.00

ADX:SUDATEL vs TMUS, VZ, T: Beneish M-Score Comparison

For the Telecom Services subindustry, Sudatel Telecom 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.


Sudatel Telecom Group Beneish M-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sudatel Telecom Group's Beneish M-Score distribution charts can be found below:

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


ADX:SUDATEL
45GF Score
Sudatel Telecom Group Ltd ADX:SUDATEL
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sudatel Telecom 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 Sudatel Telecom 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 د.إ403 Mil.
Revenue was 457.484 + 461.223 + 428.148 + 365.847 = د.إ1,713 Mil.
Gross Profit was 253.836 + 270.372 + 256.818 + 166.452 = د.إ947 Mil.
Total Current Assets was د.إ687 Mil.
Total Assets was د.إ5,129 Mil.
Property, Plant and Equipment(Net PPE) was د.إ3,585 Mil.
Depreciation, Depletion and Amortization(DDA) was د.إ175 Mil.
Selling, General, & Admin. Expense(SGA) was د.إ83 Mil.
Total Current Liabilities was د.إ1,391 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ832 Mil.
Net Income was 171.073 + 130.82 + 63.41 + 140.554 = د.إ506 Mil.
Non Operating Income was 0 + 0 + 0 + 0 = د.إ0 Mil.
Cash Flow from Operations was 53.063 + 127.331 + 0 + 232.239 = د.إ413 Mil.
Total Receivables was د.إ0 Mil.
Revenue was 342.244 + 399.381 + 294.463 + 295.359 = د.إ1,331 Mil.
Gross Profit was 185.427 + 219.853 + 115.412 + 95.373 = د.إ616 Mil.
Total Current Assets was د.إ0 Mil.
Total Assets was د.إ0 Mil.
Property, Plant and Equipment(Net PPE) was د.إ0 Mil.
Depreciation, Depletion and Amortization(DDA) was د.إ257 Mil.
Selling, General, & Admin. Expense(SGA) was د.إ64 Mil.
Total Current Liabilities was د.إ0 Mil.
Long-Term Debt & Capital Lease Obligation was د.إ0 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)
=(402.657 / 1712.702) / (0 / 1331.447)
=0.2351 / 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)
=(616.065 / 1331.447) / (947.478 / 1712.702)
=0.462703 / 0.553207
=

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 - (686.832 + 3585.391) / 5128.971) / (1 - (0 + 0) / 0)
=0.167041 /
=

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
=1712.702 / 1331.447
=

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))
=(256.756 / (256.756 + 0)) / (174.66 / (174.66 + 3585.391))
=1 / 0.046451
=

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)
=(83.326 / 1712.702) / (64.167 / 1331.447)
=0.048652 / 0.048193
=

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)
=((831.911 + 1390.795) / 5128.971) / ((0 + 0) / 0)
=0.433363 /
=

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
=(505.857 - 0 - 412.633) / 5128.971
=0.018176

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?
Sudatel Telecom Group (ADX:SUDATEL) has a Beneish M-Score of 0.00 as of Jul. 13, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Sudatel Telecom Group and its competitors. According to the industry distribution chart, Sudatel Telecom Group ranks #999999 out of 351 companies in the Telecommunication Services industry.
Is Sudatel Telecom Group's Beneish M-Score too high?
Sudatel Telecom Group's current Beneish M-Score is 0.00. Based on the distribution chart, Sudatel Telecom Group ranks #999999 out of 351 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Sudatel Telecom Group has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sudatel Telecom Group's Beneish M-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Sudatel Telecom Group ranks #999999 out of 351 companies for Beneish M-Score. This places Sudatel Telecom 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 Telecommunication Services company?
A good Beneish M-Score depends on the Telecommunication Services 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 Sudatel Telecom Group and its competitors. Sudatel Telecom 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 Sudatel Telecom Group stock overvalued right now?
Based on GuruFocus' analysis, Sudatel Telecom Group (ADX:SUDATEL) is currently considered Significantly Overvalued. The stock's GF Value™ is د.إ0.34, compared to a current price of د.إ0.68 — trading 100% above its estimated fair value. The current Beneish M-Score is 0.00. Sudatel Telecom Group's overall GF Score™ is 45/100 with 4 warning signs 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 Sudatel Telecom Group (ADX:SUDATEL), the current Beneish M-Score is 0.00 as of Jul. 13, 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 Sudatel Telecom Group (ADX:SUDATEL) Overvalued in 2026?

Based on GuruFocus' analysis, Sudatel Telecom Group stock appears to be overvalued. The current stock price of د.إ0.68 is trading 100% above its estimated GF Value™ of د.إ0.34. GuruFocus considers Sudatel Telecom Group to be Significantly Overvalued.

Key valuation signals for ADX:SUDATEL:

  • Beneish M-Score: 0.00
  • GF Value™: د.إ0.34 vs. price of د.إ0.68 (100% above fair value)
  • GF Score™: 45/100 with 4 warning signs

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


Sudatel Telecom Group Business Description

Address Sinkat Street, Building 9/A, Block No.2, Sudatel Tower, West Khartoum, Khartoum, SDN
Sudatel Telecom Group Ltd are engaged in the provision of installation, maintenance, operation of telecommunication services, infrastructure development and wire and wireless telecommunication services in Sudan and other African countries. Its has four operating segment Voice, contains mainly the airtime consumption by subscribers; Data, for which the main services are leased data transmission circuits, DSL and internet; Wholesale, contains revenue from transmission service rendered to other operators and corporate organizations; and Others, containing items which could not be linked with the main operating segments of the Group. It generate majority of revenue from Data segment. It has presence in Sudan, Senegal, Mauritania, Guinea, Conakry, UAE of which majority of revenue is from Sudan.
45GF Score

Get the complete analysis for ADX:SUDATEL

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

د.إ0.68
Price
د.إ0.34
GF Value