AIRDF (Rocket Doctor AI) Beneish M-Score: 198.79 (As of Jun. 24, 2026) — Near Median


AIRDF Rocket Doctor AI Inc AIRDF
29 GF Score
Price $0.44
! 7 Warning Signs
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What is Rocket Doctor AI Beneish M-Score?

Rocket Doctor AI AIRDF +0.50% 29 Beneish M-Score is 198.79 as of Jun. 24, 2026, which is at its 10-year median of 198.79. GuruFocus rates AIRDF with a GF Score™ of 29/100. The stock has 7 warning signs investors should review. Among 632 Healthcare Providers & Services companies, Rocket Doctor AI ranks worse than 100% 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.

Warning Sign:

Beneish M-Score 198.79 higher than -1.78, which implies that the company might have manipulated its financial results.

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

AIRDF' s Beneish M-Score Range Over the Past 10 Years
Min: 198.79   Med: 198.79   Max: 198.79
Current: 198.79

During the past 7 years, the highest Beneish M-Score of Rocket Doctor AI was 198.79. The lowest was 198.79. And the median was 198.79.

Rocket Doctor AI Beneish M-Score Historical Data

* Premium members only.

The historical data trend for Rocket Doctor AI'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.

Rocket Doctor AI Beneish M-Score Chart

Rocket Doctor AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beneish M-Score
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Rocket Doctor AI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 198.79

AIRDF vs VEEV, BTSG, TEM: Beneish M-Score Comparison

For the Health Information Services subindustry, Rocket Doctor AI'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.

Rocket Doctor AI Beneish M-Score vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Rocket Doctor AI's Beneish M-Score distribution charts can be found below:

* The bar in red indicates where Rocket Doctor AI's Beneish M-Score falls into.


AIRDF
29GF Score
Rocket Doctor AI Inc AIRDF
Beneish M-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Rocket Doctor AI 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 Rocket Doctor AI 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 * 1+0.528 * 1.2017+0.404 * 10.1401+0.892 * 224.875+0.115 * 1
-0.172 * SGAI+4.679 * TATA-0.327 * LVGI
-0.172 * 0.0102+4.679 * -0.569892-0.327 * 0.6703
=198.63

* 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 $0.10 Mil.
Revenue was 0.537 + 0.505 + 0.382 + 0.375 = $1.80 Mil.
Gross Profit was 0.403 + 0.423 + 0.337 + 0.334 = $1.50 Mil.
Total Current Assets was $2.74 Mil.
Total Assets was $9.77 Mil.
Property, Plant and Equipment(Net PPE) was $0.02 Mil.
Depreciation, Depletion and Amortization(DDA) was $0.41 Mil.
Selling, General, & Admin. Expense(SGA) was $10.96 Mil.
Total Current Liabilities was $1.66 Mil.
Long-Term Debt & Capital Lease Obligation was $0.15 Mil.
Net Income was -3.38 + -5.316 + -2.546 + -1.97 = $-13.21 Mil.
Non Operating Income was -0.176 + -1.319 + -0.39 + 0.081 = $-1.80 Mil.
Cash Flow from Operations was -2.252 + -1.177 + -1.51 + -0.904 = $-5.84 Mil.
 Total Receivables was $0.00 Mil.
Revenue was 0 + 0 + 0.008 + 0 = $0.01 Mil.
Gross Profit was 0 + 0 + 0.008 + 0 = $0.01 Mil.
Total Current Assets was $2.05 Mil.
Total Assets was $2.21 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 $4.79 Mil.
Total Current Liabilities was $0.61 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)
=(0.103 / 1.799) / (0 / 0.008)
=0.057254 / 0
=1

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)
=(0.008 / 0.008) / (1.497 / 1.799)
=1 / 0.832129
=1.2017

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 - (2.744 + 0.022) / 9.765) / (1 - (2.051 + 0) / 2.207)
=0.716743 / 0.070684
=10.1401

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
=1.799 / 0.008
=224.875

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)) / (0.406 / (0.406 + 0.022))
= / 0.948598
=1

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)
=(10.957 / 1.799) / (4.788 / 0.008)
=6.090606 / 598.5
=0.0102

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)
=((0.152 + 1.657) / 9.765) / ((0 + 0.61) / 2.207)
=0.185253 / 0.276393
=0.6703

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
=(-13.212 - -1.804 - -5.843) / 9.765
=-0.569892

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.

Rocket Doctor AI has a M-score of 198.63 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 198.79 mean?
Rocket Doctor AI (AIRDF) has a Beneish M-Score of 198.79 as of Jun. 24, 2026. The Beneish M-score measures the likelihood of earnings manipulation. View historical data on Rocket Doctor AI and its competitors. This is near median its historical median of 198.79. Over the past decade, Rocket Doctor AI's Beneish M-Score has ranged from 198.79 to 198.79. According to the industry distribution chart, Rocket Doctor AI ranks #632 out of 632 companies in the Healthcare Providers & Services industry.
Is Rocket Doctor AI's Beneish M-Score too high?
Rocket Doctor AI's current Beneish M-Score of 198.79 is near median its 10-year median of 198.79. Over the past 10 years, this metric has ranged from a low of 198.79 to a high of 198.79. Based on the distribution chart, Rocket Doctor AI ranks #632 out of 632 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Rocket Doctor AI has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Rocket Doctor AI's Beneish M-Score compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, Rocket Doctor AI ranks #632 out of 632 companies for Beneish M-Score. This places Rocket Doctor AI in the lower half of its industry. Historically, Rocket Doctor AI's own Beneish M-Score has ranged from 198.79 to 198.79 over the past decade. 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 Healthcare Providers & Services company?
A good Beneish M-Score depends on the Healthcare Providers & 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 Rocket Doctor AI and its competitors. Rocket Doctor AI's current Beneish M-Score is 198.79, which is near median its own 10-year median of 198.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rocket Doctor AI stock overvalued right now?
Rocket Doctor AI (AIRDF) has a current Beneish M-Score of 198.79. The current Beneish M-Score is 198.79, which is near median its 10-year median of 198.79. Rocket Doctor AI's overall GF Score™ is 29/100 with 7 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 Rocket Doctor AI (AIRDF), the current Beneish M-Score is 198.79 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.

Rocket Doctor AI Business Description

Other Exchanges 9390:GermanyAIDR:Canada
Address 700-838 W Hastings Street, Vancouver, BC, CAN, V6C 0A6
Rocket Doctor AI Inc delivers physician-built, AI-powered solutions designed to make high-quality healthcare accessible throughout the entire patient journey. A cornerstone of the company's proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians world-wide. Alongside the GLM and its AI-powered digital health platform and marketplace. The group empowers over 300 MDs to provide care to more than 700,000 patients. Its proprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices - improving efficiency, restoring autonomy to MDs, and expanding patient access to care.
29GF Score

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